Presentation
for VIVA
Manish Churi
HPGD/JA18/2789
WE LOUNGE
Mr. G. Nilakantan
Head HR - RIL
From this video I come to know about Profession Journey of Mr. G. Nilakantan in
Human Resource (HR) field.
He has a experience of more than 20 years in this field and that too in various
Industries such as Consumer durables, Pharmacitical, Steel, Oil & Gas and
Engineering.
He spokes about his jouney in the HR Profession through various Industries and
the experience, benefits and opportunities he gets from all these sectors.
He spokes about his role & responsibilities as well as challenges he faced in
various sectors he worked.
He started his professional journey by default.
He is a Gold medalist with masters degree in social work specialisation in
Personal management, Industry relations & Labour welfare from Chennai
university.
He began his carrier as a HR profession in 1993 with Voltas Limited.
He had worked with many other companies such as Jindal Steel, Xerox,
BG Exploration and even in the middle east.
As per his opinion in the next few years he saws HR as a function, more
as a Administrative work.
He said that “Organisation is not a structure, it is capability of people and
how people resouce that capabilities part of it, is the most important
thing”.
He spokes about how HR support to the business in various ways.
He said that unless and until you put basic structure in place HR part will
not be good, so there is a need to put basic on place and then build on it.
His ambition is to be able to start looking at & contributing back to the
community at large especially in terms of young HR professionals to
coach them, guide them, help them to become good HR professional.
What we Learn
HR is a mix of science, commerce & arts.
It is a value proposition for the organisation.
It is a kind of perception.
Knowledge is a basic resource.
Strategic planning is all about doing the right thing
to achieve organisational goals.
HR need to integrate all functions of the
organisation together.
High potentials are not a threat to the
organisation.
Emotional connect is a vital thing to do in an
Organisation.
Mr. Rohit Mathur
CEO - EXPONENTIA DATALABS
From this video I understood various points as :-
He has a experience of more over 10 years in this field of Technology
development, Investment banking for healthcare, pharmaceutical and life
sciences sectors.
He is a Mechanical engineer from IIT kanpur and MBA in Finance and
Marketing from ISB Hyderabad.
While working with Investment banking companies he realised that most
of the companies are not using the data for decision making as they don't
have skillset and time to analyse their data.
To bridge the gap he has worked on a plan to start Big data analytical
innovative company to solve the problems faced by various small & large
scale companies and finally started a company named 'Exponentia
DataLab’s.
About DATA Analytic Industry
Data Analytical industry is a multi billion dollar industry.
It is a very fast growing industry.
It has a very bright future.
It required in almost all the sectors.
It is a hot Job area and Job creation is faster.
Analytics are spread all over the world.
One cannot build a Technology/application without having analytics
in mind.
One cannot come with a Business product without analytics.
Training market has a huge opportunities in this field.
You should have data to creat analytic applications.
Good statastical knowledge, Domain expertise and
Technology are the main requirement of being analytical
expert.
Technology is going to play critical role in data analytics.
Mr. Anuj Galgotia
VP & Head (HR, Admin & IT) RNA CORPS
From this video I understood various points as :-
He has a experience of more over 27 years in this field of HR & Admin
His specialities are Talent acquisition, Change management organisation,
Structuring & Compensation management.
He has worked with L&T, Reliance and Essar.
He started his professional journey in 1990.
He was always interested in Stategic management and find HR as very
interesting field to work with.
About HR Function:
HR function involves relating with people and getting them to do what you
want for business objective.
Its all about how to manage people and study their behaviour.
HR Practically owns strategic function.
HR peoples needed to bring changes into the organisation.
Chief Human Resouce Officer (CHRO) should be part of Board of
Directors/members/executive committee.
Admin can play a Vital role in any Organisation.
What admin can do is to deal with caves.
If you were able to deal with caves and steamline things, processes then
its all fix into place.
About Campus Interview:
For Campus interview one should be well read, he should have certain
degree of depth, should have genuine interest in people, have to be
foward looking & full of energy.
You must impress the campus recruiter with your enthusiasm for your
field of study and your potential.
What HR people should possess ?
should have clear concept of what kind of person looking for
should develop that visualise who you are looking for
should speak less but speak to the point
must have one skill i.e. Energy
should keep in mind that confidence come from preparation
About Real Estate Industry:
Real Estate is most important industry.
It needs support from Banking, Financial institutions, commerce and
economy.
It will remain & should remain.
It is a tremendius need.
It depends on economy.
WE TUBE
Personal Budgeting
Prof. Raj Kumar
The topic is about Importance of Budget in personal finance
Why to prepare Budget ?
To achieve financial goals like retirement, to buy car, to buy house,
child education etc.
To track expenses & incomes
To track savings
To become financially secure
To reduce stress
To feel comfortable
To know where money is coming & going out
To prepare item wise summary of income and expenditure
To prioritize spending & then savings
To balance out Income with expenditure
Importance of Budgeting
To achieve Financial goals with ease
To Manage money
To Increase savings
To be able to adapt quickly in case of
untoward incident happen
To monitor where the expenses going ? On
needs or wants.
Provides sense of financial security
Decrease stress
.
Budget is Vital in Personal Finance.
Budgeting gives you Idea of your money.
Without Budget there is no direction, no savings,
no new investment ideas.
Without Budget means to lose direction, will be
surviving month to month.
It helps in prioritize current as well as future
expenses.
One should spent more on needs than to wants
It help not to get into the debt.
Seven Steps of effective Personal Budgeting
1. Choose a system :
System means one must have a instrument to track expenses weekly or monthly i.e
through noting down with pen or pencil or by using software. It will help to priortise
expenses
2. Determine your Income
Calculate your income from various sources like salary, Interest, dividend etc.
Take only those income which are sure
Average out your Income over longer period say 3-4 months
3. Determine your expenses
Noted down your expense. This step is most important & time consuming
There are three kinds of expenses namely fixed, variable & discretionary expenses. The
expenses which we can really reduced is Discretionary expenses i.e. Entertainment,
vacation, weekends, gifts etc.
[Link] Income and Expenses :
Compare the expenses with income to find out whether Income is greater than expenses,
or expenses are greater than Income or Income equals expenses
5. Determine your Financial goals :
One must have determine financial goals i.e future expenses
to be able to manage money
One must do something to achieve Financial goals.
Establish a budget and work towards achieving it.
6. Improve your situation:
Budgeting helps to improve Financial Health or position by either increase your income or
control your expenses
Some money saving ideas :-
Cut down luxuries and focus on needs.
Use public transportation.
Cut down weekend or entertainment expenses
Reduce smoke habit, drink will save a lot of money
7. Review
Review and evaluate progress
Monitor budget to remain on the track
Fix a date to review, check progress
Review periodically
MICE Tourism
MICE stands for Meetings, Incentives, Conference & Exhibition.
It is an acronym of difference words combined together i.e. Meetings,
Incentives, Conferences & Exhibition.
It is well planned activity in advance with group of people, large groups
not from one area could be coming in from various corners of the world.
MICE also called as Meeting Industry.
It consists of activities including conventions, trade shows, seminars,
events, exhibitions & incentive travel, also include workshop,
symposiums, forums, panels, lectures & colloquium.
MICE tourism involves development of well planned agenda by the
organizers around a theme, topic or purpose.
Ittypically related to the International Industry that evolved to co ordinate the
hosting, management and Promotion
Events are organize occasion such as meeting, convention, exhibition, special
events, gala dinner etc.
There are three types of events
Cultural event
Sporting event
Business event
MICE as a broad concept
Meetings :
Meetings brings people together in one place for the purpose of sharing information
& discussing & solving problems.
Meeting attendance can range from ten to thousands of people.
Meeting time vary depending upon the type of meetings.
During meetings there will usually food and beverages served.
Various types of Meetings:
Most of the meetings refers to Corporate Meetings which are held by
Companies in the following ways:
a) Board Meetings
b) Management Meetings
c) Shareholders Meetings
d) Training Seminars
e) Meeting with Partners, Suppliers and Clients
f) Product Launches
g) Strategic Planning
Incentive travels :
Incentive travels include leisure trips emphasizing
pleasure and excitement and which may appear to have
little or no connection to business. It is a management
tool for rewarding for a Job well done.
The company may rewards dealers, customers, sales
representative etc. for their co operation for the success
of new product or services.
Usually Incentive trip will last three days with hotel stays,
tour packages and planned activities such as dinners,
parties and games.
Factors behind Incentive travel decisions:
Budget economy of the country
Buying power of the country
Political climate
Value i.e. how do facilities and services compare with other choices of
destination
Uniqueness of experience
Conventions :
Conventions means an events where the primary activity of the attendees is to
attend educational sessions, participate in meetings/discussions, socialize, or
attend other organized events. Similar to meetings Conventions are gathering of
people with common objectives organized to exchange ideas, views and
Information of common interest to the group
Major difference between a Meetings & Conventions
Convention is a large event often lasting for several days and involving
a social program.
Convention is organized by associations.
Convention could be a voluntary association and societies, charitable
institutions, political Parties.
Conventions usually conducted once a year.
Also known as conferences of congresses.
Exhibitions:
Exhibitions can generally be portrayed as ‘activities organized to show
new products and services to potential customers or buyers with the
object of inducing a sale or informing the visitors.
Exhibitions requires Big display area such as a ground or area where
activities can be planned to meet the public or potential buyers.
The Buyers of public need an invitation or a ticket to be allowed into
the Exhibitions with proper security and arrangements.
Cruise Tourism
Ship is the earliest mode of transport.
Cruise industry started in 1930 in USA.
It is considered as a safest mode of travel.
It is not correct to say that cruising is for older couples
only.
It is one stop holiday.
Its an ideal place for socializing.
Cruising is a fast growing industry.
It provides highest level of entertainment & satisfaction.
It is a scheduled liner service.
Branding is essential for garnering new business,
encouraging , repeat customers, establishing customer
loyalty etc.
People from different locations can come combined to celebrate
event.
'Cruise Shipping' is one of the most dynamic and fastest growing
components of the leisure industry worldwide.
India with its vast and beautiful coastline, virgin forests and
undisturbed idyllic islands, rich historical and cultural heritage, can
be a fabulous tourist destination for cruise tourists.
There are small sea cruise ships with ‘merely’ a couple of hundred
of passengers on board, but also giant vessels accommodating as
much as four thousand passengers. It is especially these large
ships that offer scores of facilities to entertain passengers,
including Jacuzzi pools, swimming pools, casinos, nightclubs,
fitness, rock climbing, zero gravity areas, Ice skating, sauna and
wellness facilities, shops, cinemas, bars and a variety of shows.
Cruising is now economical mode of travelling.
The major players are Royal Caribben Cruise
Line, Carnival Corporation and Star cruisers.
It’s a one stop holiday as all facilities are
provided to the traveller.
All types of food from around the world is
available for passengers.
Shore Excursions is also provided to the
passengers.
Cruise operators also provides loyalty
program for their Customers.
Like airlines cruise operators also have their
own booking engines.
During peak seasons the prices are normally
high.
There are Six Segments of the cruise Market
1)Restless baby boomers
2)Enthusiastic baby boomers
3)Luxury seekers
4)Consummate shoppers
5)Explorers
6)Ship Buffs
Booking can be done through specialized travel agents or alliances with other vacation
service providers
Cruises have Three difference economic features
Inelasticity : It is Perishable i.e. It can’t be stored if its not sold
Heterogeneity : This consists of a variety of components that makes the cruise
experience different for each other
Complementarity: It is not one single experience but a host of elements
that combines to form the cruise experience. We can experience
different types of food and entertainment of different countries.
Role of cruising staff:
Crew at every level should be empowered to solve customer
problem.
Should be aware of Customers problem
Should be capable of exceeding said standards.
Most cruise companies insists for Tipping. Around 10-15% of the
service charges has been taken as Tip.
Cruise industry must provide adequate safety, environment, loyality
program, Sanitary program, and should work on a ecological friendly
manner.
Introduction to IATA,
UFTAA organization's
& IATA areas and sub
areas
Learnings:
Travel& Tourism is a vast industry which has
many sectors and each of them have their own
interest.
These industries come together and firm
Associations or Organizations for mutual
benefits.
They form a forum to discuss common issues,
setup standards, make any changes that are
required to favor Travel & Tour industry.
IATA (International Air Transport Association)
It is one of the Organization which was formed in year 1945 with its
headquarter in Geneva, Switzerland and Canada.
It has over 260 members and make up 95% of the International Air Traffic.
It is the governing body of Airline Industry.
It has its own standards, rules & protocol and members has to follow its
rules & regulations.
It helps put together multilateral interline traffic agreement which allows
airlines worldwide to accept each others tickets and documentation.
In 1952 it has introduced Standard passenger sales Agency agreement
so that airlines - travel agents could form a standardized way of working.
UFTAA (Universal Federation Of Travel Agents
association)
It is another organization which supports Travel Agents and
its headquarter is at Monaco & France.
It represents National Travel Agents Associations in a significant number
of countries and enjoys a consultative status with the United Nations.
Ithelps Travel Agents to become better qualified and supports the IATA-UFTAA training
programs.
Itsmembers includes group of Travel partners such as Airlines, hotels, car rental companies &
other operators linked with the tourist industry.
IATA has given two letter codes to Airline carriers particularly to state name.
IATA-UFTAA training program was introduced in 1970 which has two courses namely standard &
advanced and it can be availed worldwide.
Area and Codes used
Two letter & three letter codes are used for tickets & documentation, calculating fares and
organizing itinerary.
IATA isoperating through 3 Traffic conference areas namely Areas1, Area 2 & Area 3 which
consists of various countries around the world excluding Artic & Antarctica continent.
Digital Marketing
Business & Strategy
Learnings:
In India Travel & Tourism Industry is growing rapidly.
There are almost 10-12 % growth in outbound traffic from India.
Tourism industry also contribute to the India's GDP around 5.9%.
It also contribute around 10% to the Country's employment.
Factors influencing the Growth of Travel & Tourism
Industry
a) Increasing affluence of the Indian middle class population
b) Easy availability of attractive Tour packages
c) Disposable Income grew at a CAGR of 10.11% during 2001-2006.
Types of Travellers ,Sources of Fund and payments
Their are two types of travellers - Leisure travellers & Business travellers.
The main source of finance for Leisure travellers are :
a) Own savings
b) Personal Loan
c) Gifts from parents/children/relatives/work bonus
The main source of finance for Business travellers are :
a) Office/Company Sponsored (mainly IT companies)
b) Own funds
Both leisure & business travellers prefer to make payment by Cash and
Credit cards.
Their is a rapid growth in the Internet users due to Mobile phones,
Laptops.
Travel and Digital Marketing
With regards to Travel related services 69% peoples are buying offline whereas
31% prefers to buy online.
Many companies offers Tour & Travel packages and the customers can make
the payments online. But for this Online payment model has to be very well
updated & robust.
Use of Internet and Social Media growing rapidly which creates huge market for
many Travel companies.
The statistical data, figures which are available online are used by many Travel
agents/ companies to target different consumers around the world.
60% of the social media users are open to being approached by various Brands.
India is a 3rd largest Facebook community.
Online Travel constitute around 71% of the Online commerce.
Reasons to Holiday
Fun & Entertainment
Wellness & Relaxation
Sun & Sand
Holiday with Kids
Visiting family & friends
Digital Marketing Funnel
It Creates awareness
It leads visitors
It creates customers satisfaction/ Loyalty
NEWSWIRE
How RBI's move will affect wallet to wallet transfers.
Learnings:
This article talks about the RBI's policy to mare emphasys on
use of wallet to wallet transfer.
The move will enable the transfer of funds seamlessly
between various mobile wallets such as Paytm, Phone pe etc.
KYC compliance is mandatory for use of UPI'S & PPI.
Supreme courts decision banning private companies to insist
on Aadhar card makes it difficult for them to follow KYC
process as there is no alternative available.
Small and mid sized companies find it difficult in the field
owing to capital expenses due to lack of exact process to go
for interopirability in different phases for PPI's & UPI's.
Fintech - The Rise of Digital Lending
Learnings:
This article speaks about Introduction of new Digital Lending
model which provides loans to consumers as well as small &
medium enterprises.
By merely downloading the app named 'Earlysalary' young
professionals can get the loan instantly.
This app based lending platform has crossed the Rs.550 cr. loan
disbursement mark making it the country's largest consumer
lending application. Money Tap is another fintech start-up in the
consumer lending space that offers a credit line to consumers.
In line, whats app which has 200 million monthly active users,
has expressed interest in entering the financial space.
Google recently rebranded its fintech offering Tez
as Google play and has plans to offer short term
loans to its customers.
Thus Digitisation has played a great role in
providing digital money at the fingertips.
Jio Payments Bank a step closer to Launch
Learnings:
The article is about Intetion of great industrialist Shri
Mukesh Ambani to enter in to Banking sector by
introducing Jio Payments Banks
After successful launching of Reliance Jio, RIL aims to
reach a masses in the Payment banking space
RIL & SBI entered into a Joint venture to face the
competition from well established players like Airtel,
Paytm.
Payment bank model was visualised by RBI in 2013-
14 with a view to penetrate financial services and to
bring more Indians under financial courage
Various services like Deposits up to 1 lakhs, mobile payments,
remitttance, transfers, third party transfers, ATM or debit card
[Link] provided by Payment banks.
Thus in near future payment banks will play a vital role in providing
Banking services to a large number of Customers as many more
industrialists will like to enter into this space due to huge
opportunity.
For heavy Internet users, value of online
payments doesn’t matter
Learnings:
From this article we come to know growing need of internet for various
online transactions such as Online banking, bill payments, online
shopping etc.
As per the survey conducted by Exide life insurance regarding their
habits while dealing with financial services online on 900 participants,
nearly 65% of the respondent engaged in banking transactions.
Top three financial transactions are Utility bill payments, Insurance
premium and Travel tickets
After banking transactions, utility bill payments & online shopping are
most common online transactions
Preferrred device is smartphone and laptop.
The frequent users categorised as 'digital
superheroes‘.
The people who use internet little lesser categorised as
'digital heroes‘.
Infrequent users called 'digital traditionalists' who do
not transact online and prefer to use credit/debit card
for offline transactions.
Advancement in digital, increased adoption of
smartphones and availability of high speed data has
changed the way customers engage with product and
service providers.
Thus Smartphones & Laptops are the most used
mediums for making online transactions.
Satish kumar gupta is the CEO of paytm payments bank
Learnings:
The article is about Mr Satish kumar gupta who has been appointed as
new CEO of the leading payments bank Paytm.
He was a former DGM in SBI and has a lot of experience in banking secor.
He then became chief project officer at National Payments Corporation of
India, which manages payment products like Unified Payments Interface.
He is eager to leveraging his understanding of banking & payments at
Paytm payments bank and aligning himself to its vision of bringing
financial inclusion through digital pyments.
Certainly Paytm payments bank will benefit from the huge experience of 35
years of Mr. Satish kumar in the current situation where Paytm bank was
banned by RBI for enrolling new customers since July 2018 with regards to
KYC norms.
Social media's powerful 'Silent majority' moves
Bitcoin Prices: Study
Learnings:
The article speaks about Cryptocurrency Bitcoin, which
has emerged as a powerful digital currency in the
recent time.
The Bitcoin has soured from about Usd 500 in 2014 to
a current valued of USD 6000.
Social media and Bitcoin prices are linked.
Bitcoin value can be manipulated by Public sentiments.
Positive comments by Infrequent social media users
were more likely to move the Cryptocurrency's
prospects and It influence the rising prices of Bitcoin.
Thus from this article we come to know the fact that It is the silent
majority not the vocal majority that who moves Bitcoin prices.
Bitcoin can push Global warming above 2
degrees celsius by 2023: Study
Learnings:
The article talks about Impact of Bitcoin Cryptocurrency
on the Global warming, which affects the Global
environment and nature climate change around the world.
The Bitcoin and several other cryptocurrencies that exists
degitally through encryption requies large amount of
electricity.
Just as other technolgies if Bitcoin is incorporated even at
the slower rate, its cumulative emissions of CO2 will be
enough to warm the planet above 2 degree celsius in just
22 years.
Thus we can say that just like emissions of CO2 from
transportations, housing & food which are main contributors to the
climate change Bitcoin also becames one of them.
Minors are group of individuals that records & process transactions
created by purchase of Bitcoins.
The following is the process of creating Bitcoin transaction.
Minors - Bitcoin transactions
- Block
- Chain
- Public ledger
Verification process by Minors requires large amount of electricity
and the large requirement of electricity directly impacts the
environment
The Average Income of Salaried, not salaried
& corporate tax payers rises over last 3
years: CBDT
Learnings:
The article provides us information about growth of Average
Income of Individual & Corporates Tax payers during the last
3 years in India
Even the average average tax paid by corporates &
Individuals has seen a jump over the same time period.
The following Table shows the details of drastic
change that have effected in last 3 years
Particulars 2014-15 2017- % change
18
Salaried taxpayers 1.70 cr 2.33 cr 37%
Average income - 5.76 lakhs 6.84 19%
salaried taxpayers lakhs
Non Salaried taxpayers 1.95 cr 2.33 cr 19%
Average income - Non 4.11 lakhs 5.23 27%
salaried taxpayers lakhs
Average Tax paid by 32.28 lakhs 49.95 55%
Corporate taxpayers lakhs
Average Tax paid by Rs 46377 Rs
Individual taxpayers 58576
Contribution of Direct tax to the total revenue kittty in
the country is the highest and stands 52% and there
has been constant growth in the direct tax GDP ratio
over last 3 years.
The number of persons filing Tax returns increased
from 3.31 cr in 2013-14 to 5.44 cr in 2017-18
Why India lags peers in Digital payments
Learnings:
The article speaks about emerging importance of Digital payments
in india and although as compare to other developing contries
degital payments transactions grew at more than 50%, due to
high population, india continue to lag among BRICS countries.
Main factors that affects the growth of India's digital
payments
Demonetisation
Supreme courts rulling on Aadhar
Low density of ATMs
Lack of phisical infrastructure for digital payments
The following initiatives will increase
use of Digital payments in India
Use of Application programmig interface(API),
Unified quick response code (QR code), Instant
payments system UPI (unified payment interface)
Widespread network of ATM's
Internet penetration & smartphone usage
PE Investments ease to $ 14.60 [Link] Jan-Sept due to
market volatility
Learnings:
The article gives us information about how the PE i.e. Private Equity
Investments dominated by various factors like macroeconomic
concerns, market volatility and valuation of companies.
The PE investment dropped from $15.60 bn in Jan to Sept 17 to $
14.60 bn in Jan to Sept 18.
The environment for Private Equity Market has been slugish due to
following factors:-
India's Rupee has slumped all time low
Economy
Market Volatility
Valuations
We can expect the rise in PE activity due to Governments
focus on :-
Providing fertile ground for Digitisation
Tech Investments through policy initiatives by incubating
tech funds with traditional banks
