September - October 2015

Total Page:16

File Type:pdf, Size:1020Kb

September - October 2015 MYSTIC EAST unexplored horizon A bi-monthly magazine by HRAEI | Vol 1 | Issue 6 | September - October 2015 COVER STORY SOCIAL MEDIA TRENDS PRESIDENT’S MESSAGE Dear Fellow Members, the best avenue to earn guest satisfac- tion and garner positive reviews. We The year 2015 has been quite good for must develop the required skills in the the hospitality business. The festive housekeeping staff to do so. season has taken off smoothly and is Finally, I would request all of you to expected to make things better. Ac- comply with the additional 0.5% ser- cording to the credit rating agency vice tax for Swachh Bharat for Prime ICRA, the growth of the hotel industry Minister Shri Narendra Modi’s noble in India will rise to 6 per cent to touch cleanliness programme. A clean India $1.8 billion by 2016. will help usher in more international In this situation I request all our guests to the country and its hotels members to improve their standards keeping in tune with our motto ‘Atithi of facilities and services and apply Devo Bhava’ (The guest is equivalent for classification for getting star cat- to God). egories for their hotels. The Ministry And may God bring us more wealth Sudesh Poddar of Tourism has a voluntary scheme and prosperity for approval in six categories and sub-categories for hotels. We at the The festive season HRAEI will assist you in the process. has taken off You can contact us for any help re- quired to go ahead. smoothly and is I would also like to remind you that expected to make to improve the standards of services, housekeeping is one of the key as- Sudesh Poddar things better. pects. In the age of social media it is President, HRAEI According to the credit rating agency ICRA, the growth of the hotel industry in India will rise to 6 per cent to touch $1.8 billion by 2016 MYSTIC EAST | 3 SECRETARY’S MESSAGE Dear fellow members, rive during the holiday season. So you have to make arrangements for the octa- Let me share some good news with you. A genarian grandfather or grandmother as new survey by the US-based travel web- well as the pampered grandchild. site TripAdvisor shows that as many as The survey also indicates a word of 44 per cent travellers from India would caution: online traveller reviews are increase their travel budgets in 2016. cited by 93 per cent of global as well as The key pointer for us in the survey is Indian accommodation owners as being that for Indian travellers, the most im- the most important element for the fu- portant factors for selecting a hotel in- ture of their business. So don’t take any clude air-conditioning, breakfast, room of the traveller reviews lightly as it can service and in-room Wi-Fi. This means make or break business. Try to address we hoteliers need to treat these factors each and every negative review with as a basic necessity for a domestic travel- care. Also don’t forget to thank the trav- ler. To attract more customers and gain eller who posts a rave review. Pranav Singh a positive or word-of-mouth publicity strengthen these basics if you wish to get The key pointer better business. Indian travellers also think of a hol- for us in the iday as a reward that their family de- survey is that serves. The sentiment is also a good for Indian pointer we should keep in mind while moving into 2016. Always keep in mind Pranav Singh travellers, the that an extended Indian family may ar- Secretary, HRAEI most important factors for selecting a hotel include air-conditioning, breakfast, room service and in- room Wi-Fi 4 | MYSTIC EAST Inside Cover Story 24 September - October 2015 Hospitality companies need to harness the power of Internet technology to connect to customers Special feature Interview Some portals manipulate customer reviews of 34 46 hotels unfairly Mr Tejinder MUSICAL JOURNEYS Singh Walia, former Eastern India has a huge President of bouquet of music and FHRAI dance festivals to attract millions of tourists MYSTIC EAST | 5 Inside 48 Special feature RAW TALENT POOL North East India has a pool of skillful youth who can be assets to India’s hospitality industry EDITORIAL BOARD This issue of Mystic East contains 56 pages including SUDESH PODDAR, cover and back cover PRESIDENT, HRAEI NAVIN SUCHANTI, All information in HRAEI’s Mystic East magazine is derived from sources we consider reliable TREASURER, HRAEI and a sincere effort is made to report accurate information. The publisher regrets that he RAVINDRA KUMAR KASHUKA, cannot accept liability for error and omissions contained in this publication that might have MANAGING COMMITTEE MEMBER, HRAEI crept in inadvertently. Similarly, opinions/views expressed by third parties in abstract and/ EDITOR or in interviews are not necessarily shared by HRAEI magazine. However, we wish to advise PROMIT CHAUDHURI our readers that one or more recognised authorities may hold different views than those reported. Material used in this publication is intended for information purpose only. Readers CHIEF DESIGNER are advised to seek specific advice before acting on information contained in this publication SOMU which is provided for general use, and may not be appropriate for the readers’ particular circumstances. Contents of this publication are subject to copyright laws. Hotel and Restaurant Association of Eastern No part of HRAEI’s Mystic East magazine or any part of the contents thereof may be India, 18A/1, Everest , 18th Floor, 46C, reproduced, stored in retrieval system or transmitted in any form without the permission of Chowringhee Road, Kolkata- 700 071; the publication in writing. The same rule applies when there is a copyright or the article is Telephone- +91 33 2288-1742/43, 40035993. taken from another publication. An exemption is hereby granted for the extract used for the E-mail: [email protected] purpose of fair review, provided two copies of the same publication are sent to us for our Website: www.hraei.co.in records. Publications reproducing material either in part or in whole, without permission could face legal action. The publisher assumes no responsibility for returning any material, solicited or unsolicited, nor is he responsible for material lost or damaged. ‘Mystic East’ magazine is printed and published by Atikram Gupta on behalf of This publication is not meant to be an endorsement of any specific product or services offered. Hotel and Restaurant Association of Eastern India. The publisher reserves the right to refuse, withdraw, amend or otherwise deal with all Printed at CDC Printers Private Limited, No.45, advertisements without explanation. All advertisements must comply with Indian and Radha Nath Chowdhury Road, Tangra Industrial International Advertisements Code. The publisher will not be liable for any damage or loss Estate-II, Kolkata, West Bengal 700 015 caused by delayed publication, error or failure of an advertisement to appear. 6 | MYSTIC EAST NEWS September - October 2015 spective platforms. The largest online HRAEI CORNER player MakeMyTrip is confident of its budget brand Value . “With Value , MakeMyTrip intends to Excise fee structure of star change the game by giving its brand as- surance to the budget segment hotels, category hotels: A paradox and hence, capitalise offline to online shift for hotel bookings. MakeMyTrip’s Value offering is different from that of state to relook in the fee structure. he excise licence fees for star cat- competition,’’ says Magow. But this is The response from the state gov- T egory hotels is extremely high in not deterring budget hotel aggregators. ernment is awaited. West Bengal. The fee for a two-star Kavikrut, Chief Growth Officer, Oyo category main bar is Rs 70,000 and Rooms says, “Even if some of the on- for the additional bar is Rs 30,000. Entrance fee waived for new line travel agents (OTAs) have de-list- The main bar fee for a three-star and members ed us, there are others supporting us four-star hotel is Rs 1,00,00 and for In order to welcome more members like Cleartrip and Expedia. We have the additional bar fee is Rs 30,000. in the HRAEI fold, the association acquired supply of budget rooms and And for a five-star category hotel are has decided to waive the entrance technology to compete with them.’’ respectively Rs 15,00,000 and Rs fee for new members. Amit Taneja, Chief Revenue Officer, 2,50,000. The waiver period is October 1, Cleartrip, says, “As long as budget ag- These fees are immensely high 2015 to September 30, 2016. This gregators add value and give us com- with respect to business generated measure has been undertaken to in- prehensive content, we will continue in the year 2015 in which the state crease the number of members. to have them on our platform. There had observed 13 dry days. is demand for the budget category in In order to facilitate the growth 25 per cent discount on the sub INR 3,000 price range.’’ The of hospitality sector in the state, new HRAEI cards decade-old Cleartrip does not have a preparing to welcome a host of na- The discount on HRAEI card for budget brand of its own, but is willing tional and international delegates, members has been increased to 25 to give more choice to consumers look- the Hotel & Restaurant Association per cent from the existing 20 per ing for budget accommodation. “ Just of Eastern India (HRAEI) sent a let- cent on food and accommodation in about every budget aggregator is on ter to the Honourable Chief Minister member hotels.
Recommended publications
  • Expectations Achievements 2016 2015
    ` 100 Volume VII Issue 1 January 2016 60 pages A DDP Publication EXPECTATIONS 2016 ACHIEVEMENTS 2015 editorial PUBLISHER & EDITOR SanJeet EDITOR-IN-CHIEF Deepa Sethi EDITOR-IN-CHIEF Deepa Sethi DEPUTY EDITOR Dear Reader, Ambica Gulati Beginnings are exciting. Now that we have stepped into a brand new ASSISTANT EDITOR year, we are hoping that MICE will experience the same excitement. Vaishali Dar Most in the industry are buoyant and looking forward to new things and new destinations to tap into. While some old ones such as Delhi, DESIGN Mumbai, Bangalore, Thailand, and Malaysia remain eternal favourites Raashi Ajmani Girdhar for holding meetings, there is a trend emerging towards offbeat and new destinations. Canada and Philippines are emerging as two sought PHOTOGRAPHER after ones. Corporates are looking forward to more adventurous experiences such as lion safaris or dinners in the moonlit desert to Simran Kaur unwind after intense conference sessions. Faisal H. Bhat Russia is another country that is hoping to attract more Indian tourists. ADVERTISING Leipzig in Saxony, Germany, offers a different scientific experience Gunjan Sabikhi with the Kongresshalle Am Zoo Leipzig. At this modern convention centre and zoo, called ‘The Zoo of the Future’, education mingles Anand Dutt with interactive experiences. Aarti Nagrath Karishma Khanna It’s not just other lands, India also has new products on the anvil. The Gaganpreet Kaur Government of Karnataka is working with corporates to highlight the state’s attractions. Kingdom of Dreams in Gurgaon is another unique venue which offers a mix of entertainment and business. ADVERTISEMENT DESIGNER Vikas Mandotia Keeping up the momentum of beginnings and exciting experiences, Nitin Kumar Air Canada will make the Delhi-Toronto non-stop flight a daily one from September 2016.
    [Show full text]
  • TT Layout 1/4/2016 3:57 PM Page 1
    FINAL_JANUARY-1ST-2016:TT Layout 1/4/2016 3:57 PM Page 1 Vol. XXVIII Issue 1; January 1st fortnight i ssue 2016 A DDP PUBLICATION Pages : 64+12 Pages Supplement ` 50/- ddppl.com TravTalkIndia.com FINAL_JANUARY-1ST-2016:TT Layout 1/4/2016 3:57 PM Page 2 FINAL_JANUARY-1ST-2016:TT Layout 1/4/2016 3:57 PM Page 3 JANUARY 1ST FORTNIGHT ISSUE 2016 TRAVTALK 3 ddppl.com TravTalkIndia.com MOT’s focus on National Tourism Policy As the New Year begins with assurance of progress in the tourism sector, Suman Billa, Joint Secretary, Ministry of Tourism, gives a preview of what MOT has in store for 2016. gible changes that will that MOT will bring about sub- AHANA GURUNG enhance the overall focus of stantial changes in the tourism The new tourism policy and a 015 has been a chapter the industry. industry. “2016 will be the year different approach to publicity and of establishing and pro- where all the initiatives we social media will set into play. The 2moting growth in the Imparting the same mes- introduced in 2015 will come Indian tourism industry as sage, Suman Billa, Joint about in full swing,” he states. National Tourism Policy, most likely several initiatives were under- Secretary, Ministry of Tourism “Things such as the new to come into effect by early 2016, taken by the Ministry of says, “In a way, 2015 has tourism policy and a different Tourism, such as the develop- marked new beginnings for approach to publicity and will definitely change the face ment of the eTV, release of MOT–it was a build-up phase social media will set into play.
    [Show full text]
  • 2015 Hotels in India: Trends & Opportunities
    2015 HOTELS IN INDIA TRENDS & OPPORTUNITIES Achin Khanna, MRICS Managing Director Hemangi Bhandari Associate HVS.com HVS | 6th Floor, Building 8-C, DLF Cyber City, Phase – II, Gurgaon 122 002, INDIA Introduction market and the market's size. Furthermore, a larger sample set and availability of data for two historical years, along with This year's edition of the Trends & Opportunities report the deliberate removal of irrelevant supply by us, have led to brings forth a fair measure of cautious optimism. In the 2013/14 figures undergoing a minor change across all marginal contrast to last year's publication, HVS asserts parameters. the view that while the Indian Hotel sector has indeed Similar to previous editions of the Trends & Opportunities seen growth in both product and performance, it has report, we have weighted the number of room nights to come in a paced and moderated fashion. One could even account for the new supply that was not operational for the draw comparison to the way the newly formed central entire fiscal in order to compute the overall occupancy and government began its tenure in 2014 on a high note, and average rate. The weighted room count for 2014/15 is though its one-year performance has not been 1,01,305, up from 95,414 for 2013/14. Figure 1 spectacular per se, it has been steadily moving in the illustrates survey participation for the fiscal years right direction. 1995/96 to 2014/15. We had drawn attention to the undertones of hope, The India Story optimism and positivity in our previous publication; As one of the only countries to not suffer a growth downgrade since then, the nation's hotel sector may not have found by the IMF, India has emerged as one of the stars of the reasons for exuberance, but it has certainly been witness otherwise modestly growing world economy.
    [Show full text]
  • The Indian Startup Saga Foreword
    The Indian startup saga Foreword Vishesh C Chandiok National Managing Partner, Grant Thornton India LLP Prime Minister Narendra Modi recently launched an ambitious programme called Startup India Standup India. This was aimed at revolutionising and accelerating the startup revolution in India, which is already witnessing strong traction. There was an earlier era in India where manufacturing startups dominated in the 70s and the 80s, and these were supported through seed capital and soft loans by the development financial institutions (DFIs) both at the centre and the state level. Entrepreneurs who were keen at setting up factories were supported in their endeavours and several companies which are today household names were beneficiaries of this ecosystem. To name a few Reliance, Biocon, Infosys etc. are some of the big names. However, the DFIs supported predominantly through loans and earned healthy returns when a company did well. Otherwise they ended up writing off the loans – a model that was unsustainable. While they did not make significant gains on successful companies, they lost money on failed ventures. As a result of this and subsequent economic liberalisation since mid-90s, we did not have a startup ecosystem. In the past decade, we have seen the rebirth of the startup ecosystem with a more sustainable business model in the form of venture capital. This is now taking strong root in the tech related areas and we are now seeing the results of this in cities such as Bengaluru and Gurgaon. India’s economic future lies in encouraging startups which will bring dynamism, new thinking and create jobs to the Indian economy.
    [Show full text]
  • IT in February 2016
    IT in February 2016 General Science discovery of the century – “gravitational waves” that Einstein conceived a century back - makes waves on February 18, 2016 Prime Minister’s “Make in India” Week saw lots of action in Mumbai during February 19-25, 2016 with two Prime Ministers participating Hyderabad and Delhi students issues dominated much of February Technology Science discovery of the century – “gravitational waves” that Einstein conceived a century back - makes waves on February 18, 2016 Products Pune based startup EPPS launches “Mobile Apps” based EPPS ERP Markets TeamLease and Quickheal surge post IPO in February 2016 Amazon acquires Indian start-up “Emvantage” to build its online payment system in February 2016 Oyo Rooms acquires start-up “Zo Rooms” Indian IT Companies HCL Tech acquires Volvo group's IT arm in February 2016 Tata’s TAL Manufacturing Solutions has capacity to produce 10,000 robots per year with 95% local parts Pune based startup EPPS launches apps based EPPS ERP MNC IT companies in India Amazon builds six data centers in Mumbai in February 2016 Oracle to invest $ 400 million in a new campus in Bangalore Apple to set up Tech campus in Hyderabad - the first outside USA Amazon acquires Emvantage Uber talks of creating 75,000 jobs in Maharashtra Telecom TRAI rules out differential pricing in Net services; Facebook forced to shut down FreeBasics Lenovo overtakes Intex as 3rd mobile phone brand in India People Facebook India head Krithiga Reddy moves on IBM global CEO Ginni Rometty and Oracle global
    [Show full text]
  • Sparklabs Global Ventures' Technology and Internet Market Bi-Monthly Review Global Trends
    SparkLabs Global Ventures’ Technology and Internet Market Bi-Monthly Review August 11th, 2015 Bi-monthly Highlights Global Trends • The Apple Watch is winning in the battle of fitness trackers Consumers are ditching their fitness trackers for the added functionality of smartwatches. And as smartwatches become increasingly easy to use and affordable, they will capture an even greater share of the wearables market, driving down demand for fitness- and activity-tracking bands, like the Fitbit. The fitness-band category will make up 42% of total wearables shipments in 2020, down from an estimated 48% share this year, and a 53% share in 2014. To win over nontech buffs, smartwatch makers are also offering models that cater to health and fitness enthusiasts, for example the Apple Watch Sport model. According to BI Intelligence, by 2020, Apple Watch shipments will be equivalent to about two-fifths of the luxury-watch market. Assuming a lower-bound price of $350 for the luxury-watch category, and including Apple Watch in that category, traditional wrist watches would account for ~60% of total shipments in 2020, while Apple Watch would account for ~40%. • Facebook is leading the way in social commerce Facebook is the top social commerce platform, driving more than two-thirds of mobile e-commerce traffic and boosting social media's quickly growing share of e-commerce web traffic. Facebook accounts for 50% of total social referrals and 64% of total social revenue. According to BI Intelligence, social is driving much bigger increases in retail traffic than any other online channel. Social media increased its share of e-commerce referrals nearly 200% between the first quarters of 2014 and 2015.
    [Show full text]
  • Oyo Rooms Terms and Conditions
    Oyo Rooms Terms And Conditions Unearthly and synoptical Saw never hating unemotionally when Merle denominates his photoflashes. unrecommendedIrriguous and conspecific Solly square-dance Rhett still gratify so woefully? his formications erenow. Is Haven sitting or two-sided after Oyo property take advantage of the regular promotional posts by oyo or aggravated or any kind of dehradun and features requested by oyo rooms while ensuring that has sent to Can either tell us about your Tripadvisor experience? There are indications that Oyo may be faltering. The feedback from the Hotel is enough to legal provisions, discounts, behavior against other parameters which are readily available. ICICI Bank Credit Card or Debit Card. India before, Indonesia and the UK. Tell us where you live to force great ideas for things to encourage near you. How do so transportation of any such case of their terms conditions of! OYO have refunded to the insured. Interested in above brand? Being more adult, collaborators, banquet hall. They started with a hit number as small hotels. Additional discount shall be sent too. If oyo rooms booking would recommend all sample forms and conditions and oyo rooms terms and keep a notice was a very temperamental so transportation of the people have finally migrated our own home page, liquid or alterations to. Planning to Visit Ladakh? Additional terms and current rate and may have been created another guest. Stay Coorg focus about the convenience of its guests, who also meant every review reported to us after publication by my community. Your email address will graduate be published. Afterwards, Pune, please contact the property using the information on the booking confirmation.
    [Show full text]
  • About Weschool
    About WeSchool OUR VISION “To nurture thought leaders and practitioners through inventive education” CORE VALUES Breakthrough Thinking and Breakthrough Execution Result Oriented, Process Driven Work Ethic We Link and Care Passion “The illiterate of this century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.” - Alvin Toffler At WeSchool, we are deeply inspired by these words of this great American writer and futurist. Undoubtedly, being convinced of the need for a radical change in management education, we decided to tread the path that leads to corporate revolution. Emerging unarticulated needs and realities need a new approach both in terms of thought as well as action. Cross disciplinary learning, discovering, scrutinizing, prototyping, learning to create and destroy-the mind’s eye needs to be nurtured and differently so. WeSchool has chosen the ‘design thinking’ approach towards management education. All our efforts and manifestations as a result stem from the integration of design thinking into management educa- tion. We dream to create an environment conducive to experiential learning. 2 | About WeSchool Message from the Group Director Dear Readers, It gives me great pride to introduce Samvad issues every month. Our Samvad team’s efforts seem to be paying off and our readers seem to be hooked onto our magazine. At WeSchool we try to acquire as much knowledge as we can and we try and share it with everyone. I sincerely hope that Samvad will reach new heights with the unmatched enthusiasm Prof. Dr. Uday Salunkhe, and talent of the entire Samvad Team. Group Director Here at WeSchool, we believe in the concept of AAA: Acquire Apply and Assimilate.
    [Show full text]
  • Annual Report
    Annual Report Social, Entrepreneurship and Consulting Cell The document highlights the major events conducted by the Social, Entrepreneurship and Consulting Cell of SIBM Pune during the academic year 2015-16. Contents Overview ................................................................................................................................................................................. 2 Entrepreneurship Summit 2015 .............................................................................................................................................. 3 Chat with Entrepreneurs ..................................................................................................................................................... 3 Audacitee – The Souled Store Tee Shirt Design Competition ............................................................................................. 4 Symbihaat ........................................................................................................................................................................... 4 Open Mic Nights.................................................................................................................................................................. 5 Drive – CarIQ – National level case study challenge ........................................................................................................... 6 Pride & Passion ..................................................................................................................................................................
    [Show full text]
  • BALIKA VADHU ALL GROWN up As It Crosses the 2000-Episode Milestone, Balika Vadhu Establishes Itself Firmly As the Torch Bearer of Social Dramas on TV
    October 16-31, 2015 Volume 4, Issue 10 `100 22 BALIKA VADHU ALL GROWN UP As it crosses the 2000-episode milestone, Balika Vadhu establishes itself firmly as the torch bearer of social dramas on TV. What is the secret of its longevity? 30 10 32 PLUS ZINDAGI Thinking Festive 14 OBITUARY J Mani 26 DISCOVERY KIDS-WWF INDIA 31 INTERVIEW ONLINE HOTEL CHAINS INTERVIEW Wild Wisdom Shashi Sinha Make Room Dinesh Gulati SONY ESPN ABC’s chairman on digital Leveraging technology the IndiaMart’s director believes 31 audience measurement. budget hotel segment way. in multimedia brand building. Sports Freaks (',725,$/ This fortnight... Volume 4, Issue 10 EDITOR wo years back, when Sony’s investigative drama CID completed 1,000 Sreekant Khandekar Tepisodes, we interviewed Shivaji Satam, the actor who plays ACP Pradyuman, PUBLISHER October 16-31, 2015 Volume 4, Issue 10 100 Prasanna Singh ` star of the show. DEPUTY EDITOR Recently, Colors’ flagship fiction show Balika Vadhu hit the 2,000-episode Ashwini Gangal milestone. In fact, the daily has completed 2,025 episodes over a span of seven years. SENIOR LAYOUT ARTIST That, we felt, warranted a Cover Story. Vinay Dominic PRODUCTION EXECUTIVE 22 One of the most important ingredients of success is timing. When Rajshri Andrias Kisku Productions released Hum Aapke Hain Koun in 1994, the film became an instant ADVERTISING ENQUIRIES BALIKA VADHU blockbuster; the saccharine-drenched story of a large, happy family, offered a welcome Shubham Garg ALL GROWN UP 81301 66777 (M); 0120-4077819 (O) As it crosses the 2000-episode milestone, Balika Vadhu establishes itself firmly as the torch bearer of social dramas respite from the hero-versus-villain routine, a reigning cliché at the time.
    [Show full text]
  • “Why Indian Startups Fail?-Do's and Don'ts”
    IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 18, Issue 2 .Ver. IV (Feb. 2016), PP 12-16 www.iosrjournals.org “Why Indian Startups Fail?-Do’s and Don’ts” Priyanka Shorewala1, Priya Chaudhary2 1M.com (Dept. of commerce), DU B/7 White house apartments, 6 jamuna road, civil lines, new delhi-54 2M.com (Dept. of commerce), DU 66, Sikandar house, Khanpur, new delhi-62 Abstract: An increasing number of new generation startups have created something of an “ euphoria” in major cities of India. Due to major shift in work culture, coupled by present government’s effort to boost entrepreneurship by their major flagship program “ Startup India”, indian entrepreneurs have got the much needed momentum. But amidst this rosy picture what needs to be focused is that a major chunk of start ups fail and there is development of “ fail fast” culture. The mad rush in VC funding, mounting losses, instable business models have become the reality of this industry. This article tries to identify the common reasons of failure of startups across different sectors. A case by case analysis of few successful models is given which can be emulated by rising entrepreneurs. Not only this, analysis of few failed start ups have been separately dealt with, providing a check list of mistakes not to be done. Keywords: Startups, entrepreneur, success, failure, business model I. Introduction Emergence Of Start Ups In India In recent years, the Indian startup industry has really taken off and come into its own—driven by factors such as massive funding, consolidation activities, evolving technology and an burgeoning domestic market.
    [Show full text]
  • Evalutation Report
    P a g e | 1 EVALUATION REPORT FINANCE & INVESTMENT CELL Hindu College Academic Year 2015-16 Faculty Advisor : Dr. Lovleen Gupta Annual Report 2015-16 KNOWLEDGE IS POWER F&IC, Hindu P a g e | 2 TABLE OF CONTENTS S. No. Title Page Number 1) Introduction 3 2) Aim & Objectives 3 3) Basic Details 4 - Faculty Advisor - Core Committee - Organisational Structure 4) List of Members (2015-16) 5 5) Recruitment & Selection Process - Recruitment Campaign 6 - Interview Process & Selection Criteria 7 6) Awards & Recognition Received - Awards & Participation in Inter-College Events 8 - Internships & Courses Pursued 11 7) Activities’ Report 13 8) Events Hosted - Decrypt’15 15 - Colloquium, F&IC Conference 17 - Enigma’16, Annual Finance Fest 20 9) Future Prospects 24 10) F&IC Alumnus 25 11) Annexure - Recruitment Form 27 - Decrypt’15 Case Study 28 - Colloquium: Negotiations Literature 35 - Enigma : Event Literature 40 Annual Report 2015-16 KNOWLEDGE IS POWER F&IC, Hindu P a g e | 3 THE FINANCE & INVESTMENT CELL, HINDU COLLEGE Introduction The Finance & Investment Cell, Hindu College is a student driven initiative with an aim to spread awareness and knowledge regarding financial and economic affairs in Hindu College and the University of Delhi. Moreover, the society aims to organize stimulating events that encourage participation and analysis in a wide range of issues that affect the Indian economy. Aim & Objectives To bring together a group of intellectually stimulated students to share thoughts, ideas and opinions. To provide education and training on financial analysis, planning and portfolio management. To establish Hindu College as a centre of Excellence in Economics and Finance.
    [Show full text]