FEBRUARY

2013

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2 INDUSTRY ON CAMPUS
Mr. Abhay Kantak visits N. L. Dalmia Institute

Mukesh Ambani acquiring land in Raigad for varsity

Even as the Universities for Research and Innovation Bill, 2012, is pending in Parliament, billionaire and Reliance Industries Ltd (RIL) Chairman Mukesh Ambanis team has begun acquiring land at Karjat in Raigad district of Maharashtra to give shape to a university. Ambani plans to set up a research and innovation university with world-class amenities, said sources. The university will have state-of-the-art facilities and attract students from across the globe. We are waiting for the passage of the Bill, so that we are clear the university will have its own identity and autonomy. We do not want the university to be under the state or central government, said an RIL official. An email questionnaire to RIL remained unanswered. During RILs 37th annual general meeting in 2011, Ambani had announced the plan to set up a world-class, multi- disciplinary university in Maharashtra. He had also announced the formation of Reliance Foundation with a planned contribution of Rs. 500 crore from RIL, to later be scaled up to Rs. 1,000 crore. The university is expected to come up on a 100-acre plot. Courses in science, arts and professional disciplines will be offered. A university in a suburban area will have a better land spread than one in a metropolitan area like Mumbai. Hence, we are acquiring land at Karjat, said another RIL official. While investment details are not known, sources said the nuances were being worked out. We will wait and watch till the Bill is passed, with all the checks and balances in place. Innovation universities shall have autonomy in matters such as awarding of degrees and diplomas, appointing teaching and research faculty, determining student fees, and faculty salary, the official added. Mukesh Ambanis wife, Nita Ambani, will be heading the project, which, according to sources, will match the standards of international institutions such as Harvard and Stanford. Nita Ambani is also chairperson of the Dhirubhai Ambani International School, set up in 2003. The school offers courses up to middle school and the Indian Certificate of Secondary Education (ICSE), International General Certificate of Secondary Education (IGCSE) and International Baccalaureate (IB) diploma programmes. Its integrated curriculum at the primary level also draws on the ICSE and the Cambridge International Primary Programmes. According to the Universities for Research and Innovation Bill, every university shall be a not-for-profit legal entity, and all surpluses generated must be reinvested for growth. Among other conditions, a person can set up a university if it is a Non-Profit Company under the Companies Act, 1956, a society or a trust, which is an organization of repute and has proven innovations in research.

HAPPENINGS ON CAMPUS

> National Research Conference

on Emerging Business Practices in Current Scenario

6 HAPPENINGS ON CAMPUS
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UnitedWorld Students @ Seminar: Unleashing Women Power in Business at Vibrant Gujarat 2013

www.business-standard.com

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ICICI Securities presents: Share market Game Stock MIND

-Prasenjit Ghosh (PGDM 1st Year) United World School of Business Ahmedabad Campus.

Mr. Abhay Kantak visits N. L. Dalmia Institute

-Anil Gor, N. L. Dalmia Institute

Mr. Abhay Kantak, Director, Urban Practice, CRISIL Infrastructure Advisory, CRISIL Risk & Infrastructure Solutions Ltd., visited N. L. Dalmia Institute of Management Studies and Research on Saturday, 12th January 2013.

Mr. Anil Singh, Tech Analyst, ICICI Securities, shared great views about share markets We all are expected to get more and more return, but how? And where to get return more as to invest, which also covers the applicability of knowing the exit financial challenges and scalable knowledge and investment game plan to do better return out of it, e.g. the options are Mutual fund, Life Insurance, Manages Portfolio, Fixed Deposit, Retirement Funds, Real Estate, Gold Shares. He talked about the investment tools, the options that are available, and the interest rate faction effects by the comparison between inflation rate i.e. 7.18% and the other rates like CPI. He also commented on the clear view and the gaps created between IR and CPI, Gold price and stock market, along with the economic effect on GST and CST in India.

N. L. Dalmia Institute of Management Studies & Research (Finance Forum) had organized a guest lecture on 12th January 2013 on Career in Urban Consulting. The Guest Speaker for the occasion was Mr. Abhay Kantak - Director, Urban Practice, CRISIL Infrastructure Advisory, CRISIL Risk & Infrastructure Solutions Ltd. Mr. Abhay Kantak spoke about the emergence of urban consulting and its scope in the future. He explained that there is a growing need for urban consulting due to the high migration rate from rural to urban areas. Mr. Kantak emphasized on the various rules and government laws, which revolve around urban development and urban reforms. He also explained the students what he and his colleagues do in CRISIL towards urban consulting nationally as well as internationally. At the end, he guided them through various career prospects in this field.

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INDUSTRY ON CAMPUS
Mr. Vishal Gada ( Director, Tax and Regulatory Practises, KPMG, India ) and Mr. Sushil Thaker ( Manager, IFRS, KPMG Advisory ) enlightened students of School of Petroleum Management about Tax and IFRS/ Accounting implications in Oil and Gas Sector
-Tushar Shah, School of Petroleum Management, Gandhinagar

From Left to right: Mr. Hemant Trivedi (Director, SPM), Mr. Sushil Thaker, and Mr. Vishal Gada

28th January 2013, was not the usual day for students of School of Petroleum Management, Gandhinagar. Having studied the basics of Financial Accounting for Managers subject in their very first trimester, a question as to What implication would IFRS have on Oil and Gas sector? kept lingering into the minds of all the students. But this query did not last much as Mr. Vishal Gada (Director, Tax and Regulatory Practices, KPMG, India) and Mr. Sushil Thaker (Manager, IFRS, KPMG advisory) from reputed and one of the big four audit firms of the world, KPMG, themselves took over the onus of addressing this query. Post the welcome note from Mr Hemant Trivedi (Director, SPM), Mr. Sushil Thaker started the discussion by introducing the accounting issues under USGAAP, IFRS and IGAAP. Later, he also enlightened students regarding accounting under SFAS 19. He also touched upon the accounting norms for acquisitions, exploration and development costs. Finally he concluded his presentation stint by explaining the accounting under IFRS, with the aid of various examples of accounting systems followed

by companies across the world. Following him, Mr. Vishal Gada educated the students about Basic direct tax framework from Oil and Gas perspective. To address the purpose at hand, he started by defining the structure of oil and gas industry. Followed by that, he explained the taxation of Exploration and Production activity. He didnt fail to highlight the relevant sections of quoted taxation of E&P activities and their direct implications on E&P sector of Oil and Gas industry. He concluded his presentation with some critical issues under Taxation of E&P activities and the way forward for same. Such an insightful discussion not only quenched the thirst of students about their hovering queries but also opened up new horizons wide with qualitative takeaway points presented by the two dignitaries.

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OPINION ON CAMPUS

Send a detailed fundamental analysis of State Bank of India Stock.

Last date of reply March 15, 2013

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HAPPENINGS ON CAMPUS

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IBS TAKING MANAGEMENT EDUCATION CHALLENGES HEAD ON. -Deepika Manwani, IBS Ahemdabad

National Research Conference on Emerging Business Practices in Current Scenario

-Apoorva Shenoy, SIES College of Management Studies
ONTH OF THE M

Students, industry and academia across the country is faced with the disconnect of management student knowledge and industry realities. Institutions are continuously trying to find and experiment with different pedagogy to fill the gap. IBS has been one of the leaders in identifying and using new methods, like 100% case study approach, iPad-based interactive learning design and many more initiatives. The case writing workshop involving faculties from IBS and other institutions was a kind of faculty development initiative by IBS at their Hyderabad campus. It was done under the leadership of trainer Mr. Scott Andrews who is a lecturer at Open University Business School, U.K. He has published many cases and is also associated with ECCH (European Case Clearance House), which is a unique workshop to train Indian management teachers in case writing. Mr. Vinod Lakhvani and Mr. Pranav Gosalia, professors of IBS-Ahmedabad, experienced the session and shared it with us. This meet benefited the faculties to establish a strong communication channel internally as well as with the corporate world and gave them technical skills of writing and testing.

SIES College of Management Studies had organized a two-day National Conference on Emerging Business Practices in Current Scenario on the 18th and 19th January 2013. This research conference identified key societal, business and technology trends, assesses how they will shape future business opportunities, and explores processes and best practices in innovation and emerging technology management. Adapting to different business models involves risk; therefore, planning to examine alternatives before taking action is the need of the hour. This conference aimed at looking at some of the emerging theories and practices in the current scenario and the management tools and techniques to manage the businesses in these turbulent times. The conference attempted at looking at all the traditional management domains namely, General Management and Strategy, Marketing, Human Resource, Finance and Information Technology, among others. It provided an opportunity to academicians and corporates to debate and discuss through research findings the emerging business practices and tools to manage them. A wide spectrum of topics was discussed at the conference. Some of them were Capability Index Process implementation, managing Gen-Y workforce, e-learning, consumer purchase behaviour for luxury brands, gender diversity in corporate, brand perception of smart phones, etc.

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HAPPENINGS ON CAMPUS

UnitedWorld Students @ Seminar: Unleashing Women Power in Businessat Vibrant Gujarat 2013
- Prasenjit Ghosh UnitedWorld School of Business
5th January, 2013 It all started with the introductory remarks by Mrs. Sanjani Dua, Chairperson, FLO Ahmedabad Chapter, with Mrs. Anju Sharma, IAS, Secretary, WCD Department, GoG. The lightening of lamp unleashed women empowerment and the MOU with FICCI for empowering the women and child. The objective held to bring innovative business connecting the unorganized sector of women entrepreneurs into an organized sector act called PWD (Protection Women Domestic Act)

Mrs. Vasuben Trivedi, Minister of State for Education, Women & Childrens Welfare, GoG, said the approaches that affect the steps as an uncombed and specter to stage actually have nothing, collaboration with many NGOs and the other SHGs helps to bring more flow in the entrepreneurial. Key topics discussed were: Business and policy environment for women in Gujarat Social ecosystem for women in Gujarat Womens role in BFSI Sector of Gujarat Business networking and challenges Generating gender equality at work place Case studies on the success of women entrepreneurship and new age women

Womens role in BFSI sector of Gujarat promises the ability to take more reliability and the working ability and credit worthiness that will surely assist some project like Shree Shakti. Business networking for women, motivated with a short span of peer networking to describe how to interact with industrialists and with a personal for industrial relatives. Enthusiastic facts of entrepreneurs life and the power to control over with a great technique to control over the whole process of value added business called Scalability and the special focus should be brought up with macro level of management system. With the Government of Gujarats boost in the knowledge-based economy, a large number of opportunities for women and the seminar had existing as well as aspiring women entrepreneurs from across the State.

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BS ON CAMPUS

Business Standard B-School Quiz 2012

B P Poddar Institute of Management

Mangalmay Institution

Nalanda Institute of Advance Studies

Narula Institute of Technology

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2013

RESEARCH KIT ON CAMPUS

TRAVEL, A GATEWAY FOR E-COMMERCE

It is easier to convert online ticket buyers into online shoppers, says a Google report. Not only are online ticket buyers likely to spend more, but are also comfortable with using credit and debit cards online

DID YOU KNOW

Online ticketing consumers: high potential buyers 21

Online ticketing consumers Internet users (%)

18 19

16

14

12 6

11 7
Clothing

5 6

5 4

5 4
Tablet PCs

3 2
Home decor & appliances

O2, a leading provider of mobile and broadband services to consumers and businesses in the UK, was formed in 2001, following the demerger from British Telecom of its former mobile business, BT Wireless

STAT SPEAK

Tickets

Mobile phones

Books

Apparel & accessories

Household Beauty & products personal care

Online ticketing consumers:

more valuable

~1,626
74

Likely to spend on 1st purchase

(in %)

~2,347

55 18
Cash on delivery

24 5

19 2 1
Wire transfer

Debit card

Credit card

Projections are estimates only and should not be considered as guarantee for performance. Source: Google & TNSResearch data. The report is based on online research conducted in November 2012 in India, sample size is 800.

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FUN ON CAMPUS

QUIZ
FUN ON CAMPUS 1) 2) 3) 4) Which company derives its name from a combination of words, which in a major Indian language mean clever thinking and loans? On the packaging of which brand were the former US President George W Bush and Marilyn Monroe featured? Which brands philosophy is The Good Life? It was conceptualized by its founder. Name the company and its CEO who said, Our employees no longer have a fixed limit of vacation days per year. This freedom is rarely abused. We also dont have a clothing policy. But nobody has come to work naked lately. During the 80s which American CEO said the ideal strategy for a global company would be to put every factory it owned on a barge and float it around the world, taking advantage of shortterm changes in economies and exchange rates? Name the company whose CEO uses his pet name for his staff and addresses them as Fellow Aliren. Also name the CEO. Which brand is devoted to denim and dedicated to style since 1908? Which company launched a Tulsi-based family soap called Ralak in the late 80s? Whose new tagline or slogan is Lets go Places? Whose baseline reads The Power to Surprise?

5)

6) 7) 8) 9) 10)

Send the correct answers to campus.talk@bsmail.in and see your name in the next issue. Last date of sending entries March 15, 2013
Answers to last issue of Fun on Campus 1 Yamaha 2 Swire Group 3 Sandisk 4 GAS Jeans 5 Yum Brands 6 AT & T 7 Jyothy Laboratories 8 Oreo 9 Nokia 10 Dharampal Satyapal Group Winner: Shaiva Shah, Xcellon Institute, Anup Pawaskar, Welingkar Institute of Management Development and Research