FICCI (Federation of Indian Chambers of Commerce and Industry) is the oldest and largest business organization in India, established in 1927. It plays an important role in engaging with policymakers and influencing economic policies. FICCI has over 400 professionals working across 38 sectors. Its headquarters is in New Delhi and it has offices in 12 Indian states and 8 countries worldwide. Sangeeta Reddy is the current President of FICCI.
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describes the concept of corporate governance along with need and benefits of corporate governance. highlights the role and importance of corporate governance in strategic management.
It shows the Working, Functions and Members of BRICS, objectives, important Summit, effects, advantages, disadvantages, financial Contribution and The BRICS Bank.
India's ancient wisdom, which is still relevant today, inspires people to work for the larger objective of the well-being of all stakeholders. For example, our Rushees, Munees and Saints preached us to serve the society. The idea of CSR first came up in 1953 when it became an academic topic in HR Bowen’s “Social Responsibilities of the Business”. Since then, there has been continuous debate on the concept and its implementation. Although the idea has been around for more than half a century, there is still no clear consensus over its definition. Post 1991, there is increasingly a receding role of the state in the economic and social sphere. An increasing acceptance of CSR by large number of corporate, post liberalization can thus be seen in the context of the larger role being consciously carved for the private sector in an economy which was earlier largely controlled and managed by the State. The corporate world is keen to exploit the opportunities that are being provided by the new economic outlook of the State. Today, 93% of the world’s largest 250 companies now publish annual corporate responsibility reports, almost 60% of which are independently audited.
This Module covers Definition,Relevance , Characteristics , Level, Approach of Strategic Management along with Strategic Management Model, Strategist and Pitfall in Strategic Management
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corporate governance and role in strategic managementzeba khan
describes the concept of corporate governance along with need and benefits of corporate governance. highlights the role and importance of corporate governance in strategic management.
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India's ancient wisdom, which is still relevant today, inspires people to work for the larger objective of the well-being of all stakeholders. For example, our Rushees, Munees and Saints preached us to serve the society. The idea of CSR first came up in 1953 when it became an academic topic in HR Bowen’s “Social Responsibilities of the Business”. Since then, there has been continuous debate on the concept and its implementation. Although the idea has been around for more than half a century, there is still no clear consensus over its definition. Post 1991, there is increasingly a receding role of the state in the economic and social sphere. An increasing acceptance of CSR by large number of corporate, post liberalization can thus be seen in the context of the larger role being consciously carved for the private sector in an economy which was earlier largely controlled and managed by the State. The corporate world is keen to exploit the opportunities that are being provided by the new economic outlook of the State. Today, 93% of the world’s largest 250 companies now publish annual corporate responsibility reports, almost 60% of which are independently audited.
This Module covers Definition,Relevance , Characteristics , Level, Approach of Strategic Management along with Strategic Management Model, Strategist and Pitfall in Strategic Management
Role of board of directors -Corporate GovernanceRehan Ehsan
This Presentation states the role of board of directors in respect of corporate governance of Pakistan. Reviewing this clear the concept of their legal role in Pakistan.
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Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
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A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
2. (Federation of Indian Chambers of Commerce and Industry)
FICCI was established in 1927 on the advice of Shri. Mahatma Gandhi by Shri GD Birla
and Purushottam Das Thakur. FICCI is the largest and oldest business Organisation in
India. Its history is closely related with India’s struggle for industrialization, and its
emergence as one of the most rapidly growing global economies.
FICCI is a non-government, not-for-profit Organisation. FICCI has, as its members,
officials and executives from the private and public corporate sectors and multinational
companies in India, and is also supported by its diverse regional chambers of commerce
and industry across States. It plays an important role in influencing policies of the
Government, encouraging debates and discussions and engaging with policy makers and
civil society.
FICCI has more than 400 professionals who play an active role in 38 different sectors of
the economy. FICCI headquarter is in the National Capital. New Delhi and is present in
twelve states in India and eight countries across the world.
4. FUNCTIONS OF FICCI:
1) Role in policy making: FICCI plays an important role in formulation of economic and finance
policies by engaging with the policy makers.
2) Works mutually with similar associations of foreign countries: FICCI works mutually with business
councils and related private industrial alliances located across the globe in the areas of trade enhancements
and industry partnerships to voice the opinion of the Indian industry on the global forum.
3) Provides guidance and education: The Association provides guidance and education by way of
publishing journals useful to the business community. It also plays a role as a conflict resolver among
them.
4) Conducts various programmes and events: FICCI conducts various workshops, seminars, business
meets and conferences.
5. 5) Assistance to Government: FICCI plays an active role in assisting government in the areas of the trade
negotiations with foreign countries.
6) Member Assistance: The Association helps and assists its members in the areas of policy improvement
and up-gradation, and provides applicable suggestions to the management.
7) Information on exports: The Industry body provides reliable and helpful information on potential and
new developments in foreign trade.
8) Invites and arranges talks with foreign business delegates: FICCI plays a very active role in inviting
foreign business delegations at public and private levels which are very vital in improving foreign trade and
foreign investment.
5
6. Membership of FICCI
FICCI’s membership is open to public and
private business organisations, small or big, in
the service sector or manufacturing. Currently
FICCI has more than three lakh members on
its rolls from various industries.
7. Member Organisations can participate in Exhibitions, Trade Fairs,
Conferences, Seminars and workshops conducted by FICCI.
Members can access FICCI’s information library such as reports on various
policy researches, knowledge papers and periodical journals.
Members can participate in formulating economic and industrial policies
through close linkage with the Government.
As a member of the large business networking community one can work
with other players in the industry to achieve maximum results.
7
Benefits to the member organizations:
8. Services offered by FICCI
Arbitration (settle disputes)
Business to business (B2B) solutions
Technology commercialisation
Management and conservation of resources
Initiate actions to promote entrepreneurship and professional excellence in women through
FICCI Ladies organisation
Water audit service
Consumer care
9. 1. Confederation of Indian Food Trade and Industry (CIFTI): CIFTI was established in
1985 by FICCI which provides institutional support and partners with the Government and the
Indian private sector in promotion and development of Indian food processing industry.
2. FICCI Arbitration and Conciliation Tribunal (FACT): FACT was established in 1952 .It
provides arbitration services for settling commercial disputes.
3. Ladies Organisation: It was established in 1983 by FICCI to promote entrepreneurship and
specialised excellence among women in India.
4. Aditya Birla CSR Centre for Excellence: It is a joint initiative of FICCI and the Aditya
Birla Group. This center aims at development of inclusive and holistic Corporate Social
Responsibility practices.
5. Confederation of Micro, Small and Medium Enterprises (CMSME): CMSME was
established in December 2013and is an associate body of FICCI. It aims to connect MSMEs
with mentors, incubators and accelerators and assist them through capacity building
programmes and services.
6. Committee Against Smuggling and Counterfeiting Activities Destroying Economy
(CASCADE): It was launched on 18 January 2011 and its aims to run consumer sensitisation
drives on the impact of using smuggled, contraband and counterfeit products across India.
9
Allied Organisations of FICCI
10. The India-US Forum of Parlimentarians
The India-British Forum of Parlimentarians
The India-German Forum of Parlimentarians
The India-European Forum of Parlimentarians
The India-Japan Forum of Parlimentarians
The India-Singapore Forum of Parlimentarians
The India-Africa Forum of Parlimentarians
10
ALLIED ORGANIZATIONS FORUM OF PARLIMENTARIANS:
11. Confederation of Indian Industry (CII) was established in 1895. CII is a nongovernment, not-for-
profit, industry-led and industry-managed organisation. CII plays a proactive role in India’s
development process.
The journey began in 1895 when 5 engineering firms, all members of the Bengal Chamber of
Commerce and Industry, joined hands to form the Engineering and Iron Trades Association
(EITA).
Engineering and Iron Trades Association (EITA)
Engineering Association of India (EAI)
Confederation of Engineering Industry (CEI)
Indian Engineering Association (IEA)
Association of Indian Engineering Industry (AIEI)
11
CII (Confederation of Indian Industry)
12. Head Office of CII:
CII has 66 offices, which includes 9 Centres of Excellence in India. It also has nine overseas
offices, one each in Australia, Bahrain, China, Egypt, France, Germany, Singapore, UK, and
USA, as well as institutional partnerships with 320 counterpart organisations in 106 countries.
CII Management
The key positions of leadership in CII are President, President-Designate, and Vice President. The
CII Secretariat is headed by the Director General who oversees the implementation of action
agendas and leads the day-to-day management and operation of this vast organization
12
President: Mr. Uday
Kotak, Managing Director
& CEO, Kotak Mahindra
Bank
President-Designate: Mr
T V Narendran, CEO &
Managing Director, Tata
Steel Limited
Vice President: Mr. Sanjiv
Bajaj, Chairman and
Managing Director of
Bajaj Finserv Limited
Director General: Mr
Chandrajit Banerjee
13. To identify and strengthen industry’s role in the economic development of the country
To act as a catalyst in bringing about the growth and development of Indian Industry
To reinforce industry’s commitment to society
To provide up-to-date information and data to industry and government
To create awareness and support industry’s efforts on quality, environment, energy
management, and consumer protection
To identify and address the special needs of the small sector to make it more competitive
To promote cooperation with counterpart organisations
To work towards the globalisation of Indian industry and integration into the world economy
13
ROLES of CII
14. The main function of Confederation of Indian Industry (CII) is to create and sustain an
environment conducive to the development of India, by partnering with industry, Government,
and civil society, through an advisory and consultative process.
It has six key enablers that it focuses on:
Human Development
Corporate Integrity and Good Citizenship
Ease of Doing Business
Innovation and Technical Capability
Sustainability
Integration with the World.
14
FUNCTIONS OF CII:
15. ● Specialised Services Division: It aims to provide solutions to organisations not only to be more
competitive, but also to help them become more self reliant by helping them develop flexible
strategies that cater to changing needs.
● Energy Management Division: The range of services offered includes: comprehensive energy
audits, in-house and centre-wise intensive training programmes, specific energy consumption
norms, ‘Energy Conservation (Encon)’ missions and international conferences / exhibitions on
trends in energy efficiency.
● Environment Management Division: facilitates the utilisation of national and international
expertise through seminars, workshops and training programmes covering legal and technical
aspects including design and implementation of Environment Management systems. Some of the
other services offered are Pollution Prevention and Waste Minimisation Initiatives, Green Supply
Chain Management, Environmental Performance Evaluation, Strategic Environmental
Assessment, Sustainable Development and Environmental Planning, Hazardous Waste
Management, Site Feasibility Assessment etc. Green Services Division operates through the
Green Business Centre (CII-GBC), offering niche Green Services to Indian industry.
15
The main functions of CII are allocated to different divisions which are
mentioned below:
16. ● Technology Services Division: offers services to members like Technology Audit, Technology
Export, technology transfer and problem solving skills from R&D and academic institutions.
● Total Quality Management Division: provides a comprehensive range of services to
members: multi-client training and awareness programmes, in company training, individual
company counselling and advisory services, seminars and focused missions within India and
overseas to study and share best practices.
● ‘Quality of life’ is not the privilege of a few, but the birthright of every human being. The
responsibility of taking it to the underprivileged lies with the privileged, more so with profit
making organisations.
● Trade Fairs are organised by CII and that showcases to the world the current and prospective
of all that could be expected. They serve as effective platforms for technology transfer and
business development.
Example- The ‘Made in India’ Show has traveled to several countries and is the largest overseas
exposition of Indian goods and services. International Engineering and Technology Fair (IETF)
and Auto Expo are two reputed biennial fairs held in Delhi. Other trade fairs cover diverse
sectors, ranging from biotechnology, information technology, railways, water etc.
16
18. ASSOCHAM initiated its endeavour of value creation for Indian industry in 1920. Having in its
fold more than 300 Chambers and Trade Associations, and serving more than 4 lakh members
from all over India. It has witnessed upswings as well as upheavals of Indian Economy, and
contributed significantly by playing a catalytic role in shaping up the Trade, Commerce and
Industrial environment of the country.
Today, ASSOCHAM has emerged as the fountainhead of Knowledge for Indian industry, which is
all set to redefine the dynamics of growth and development in the technology driven cyber age of
'Knowledge Based Economy'.
The Association’s head office is located in New Delhi and regional offices are located in the cities
of Ahmadabad, Bengaluru and Kolkata.
ASSOCHAM members represent the following sectors:
1. Trade (national and international)
2. Industry (domestic and international)
3. Professionals (e.g. CAs, lawyers, consultants)
18
19. 19
ASSOCHAM MANAGEMENT
Dr. Niranjan Hiranandani
President, ASSOCHAM Co
Founder & Managing
Director, Hiranandani
Group of Companies
Mr. Vineet AgarwalSr. Vice
President, ASSOCHAM and
Managing Director, Transport
Corporation of India Limited
Mr. Balkrishan Goenka
Immediate Past President,
ASSOCHAM and Chairman,
Welspun Group
Mr. Deepak Sood
Secretary General,
ASSOCHAM
20. ASSOCHAM is all geared up to leverage its strength in understanding of various global markets
and provides strategies and opportunities to its members for overall development and optimised
usage of ‘Knowledge Based Resources’.
1. The key areas that the Chamber has focused on is India as Investment Destination, Achieving
International Competitiveness, Promoting International Trade, Corporate Strategies for
Enhancing Stakeholders Value.
2. To develop Indian infrastructure and enhance Competitiveness.
3. ASSOCHAM is working towards creating a conducive environment for Indian business to
compete globally.
20
Role of ASSOCHAM
21. Providing Road Map for Pragmatic Growth
A number of geo-political factors are responsible for this growth, but the most influential one is
the enormous Human Resources base of a young, highly skilled managerial and technical
manpower. ASSOCHAM is committed to help accomplish the targeted economic growth.
Generating Consensus on Core Issues
ASSOCHAM has always given importance on building a “broad consensus on fiscal discipline
and prudence” leading to an acceptance that trade in global matrix is beneficial for economy’s
growth. Various committees of ASSOCHAM have organised dedicated sessions on emerging
areas of contemporaryimportanceviz.WealthMaximisation,MergersandAcquisitions,
Nanotechnology and Biotechnology, Business and knowledge Process Outsourcing ( BPO and
KPO) Corporate Governance, Renewable Energy, Public Private Partnership etc.
21
Functions of ASSOCHAM:
22. Specialized Services - Nurturing Ideas to Catalyze Growth
ASSOCHAM is always a front runner and has been very actively involved in bringing out studies, surveys
and research papers on current topical issues.
Insight into New Business Models
ASSOCHAM has made significant contribution in the emergence of new age Indian Corporates,
characterised by a new mindset and global ambition for dominating the international business. The Chamber
has addressed itself to the key areas like India as Investment Destination, Achieving International
Competitiveness, Promoting International Trade, Corporate Strategies for Enhancing Shareholders and
Stakeholders Value, Government Policies in sustaining India’s Development, Infrastructure Development for
enhancing India’s Competitiveness, Building IndianMNCs (Multinational Corporations), Role of Financial
Sector as the Catalyst for India’s Transformation.
22
23. PHD CHAMBERS OF COMMERCE AND INDUSTRY (PHDCCI):
PHD Chamber of Commerce and Industry (PHDCCI) was established in 1905. PHD Chamber of
Commerce and Industry provides networking opportunities with government officials, diplomats,
and trade organisations from different sectors. It also acts as a channel in the promotion of
industry, trade and entrepreneurship.
Role of PHD Chambers of Commerce and Industry :
● International Business
● Global Connectivity
● International Relations
● Business Development
23
OTHER TRADE RELATED ASSOCIATIONS:
24. National Association of Software and Services Companies - (NASSCOM) is a not-for-profit
organisation funded by the industry. NASSCOM was established in 1988. It facilitates business
and trade in software and services and encourages the advancement of research in software
technology. It is registered under the Indian Societies Act, 1860. Its objective is to build a growth
led and sustainable technology and business services sector in the country.
24
NATIONALASSOCIATION OF SOFTWARE AND SERVICES
COMPANIES (NASSCOM):
26. 26
Region 2017-2018 2018-2019 2019-2020
EU Countries 34,542,510.22 39,954,382.28 38,053,762.40
EuropeanFreeTrade Association(EFTA) 936,614.92 1,072,010.24 1,158,153.22
Other EuropeanCountries 3,392,805.49 3,935,066.37 3,654,212.61
Southern AfricanCustomsUnion(SACU) 2,605,525.91 3,051,288.09 3,127,021.24
Other South African Countries 1,027,156.49 1,301,887.08 2,032,152.01
West Africa 4,331,032.13 5,387,471.01 5,797,251.81
Central Africa 736,605.51 941,254.86 1,031,906.69
East Africa 4,210,844.64 5,157,552.80 4,699,141.49
North Africa 3,142,223.65 4,114,148.62 3,853,738.01
North America 34,914,055.33 41,320,228.31 42,203,298.84
LatinAmerica 5,550,971.39 6,812,057.63 7,131,102.92
East Asia(Oceania) 2,883,177.04 2,808,787.22 2,378,464.09
ASEAN 22,051,764.32 26,212,008.68 22,337,944.66
West Asia- GCC 25,392,461.90 29,051,295.87 28,666,232.45
Other WestAsia 5,795,976.04 7,511,222.35 7,541,085.43
NE Asia 25,442,209.31 29,416,898.26 27,387,464.27
South Asia 14,892,306.80 17,725,537.92 15,546,961.37
CARsCountries 235,298.03 310,700.33 332,405.29
Other CIS Countries 1,703,259.94 2,117,374.88 2,639,232.19
Unspecified 1,864,653.73 2,571,446.58 2,413,887.10
India's Total Export 195,651,452.80 230,772,619.38 221,985,418.10
India’s Export
28. 28
Region 2017-2018 2018-2019 2019-2020
EU Countries 30,857,550.41 40,826,329.37 36,628,211.51
European Free Trade Associating (EFTA) 12,750,110.46 12,882,648.28 12,379,719.93
Other European Countries 1,454,829.81 1,716,773.53 1,552,866.99
Southern African Customs Union (SACU) 5,565,370.57 5,277,378.67 5,504,369.51
Other South African Countries 4,132,872.87 3,944,570.98 3,782,624.26
West Africa 10,857,761.51 14,030,870.10 12,196,388.82
Central Africa 308,745.82 390,247.48 266,800.72
EastAfrica 904,423.85 1,080,293.88 1,020,937.73
North Africa 2,596,284.00 4,002,043.58 3,926,872.91
North America 22,737,314.12 31,220,832.91 31,122,829.06
LatinAmerica 13,357,001.90 14,362,576.21 12,104,041.83
East Asia(Oceania) 9,605,767.02 9,710,750.45 7,357,365.05
ASEAN 30,382,020.77 41,498,866.77 39,196,592.76
West Asia- GCC 41,305,103.93 55,804,465.70 57,041,727.32
Other West Asia 20,613,583.93 27,249,065.56 19,744,452.84
NE Asia 76,270,993.11 85,665,693.95 80,916,548.38
South Asia 2,064,032.50 3,056,356.79 2,720,324.53
CARsCountries 720,755.60 603,030.29 1,654,689.89
Other CIS Countries 7,583,537.84 5,987,287.19 6,798,288.01
Unspecified 6,035,283.33 157,379.50 179,793.53
India's Total Import 300,103,343.35 359,467,461.19 336,095,445.61
India’s Import
30. Top Export Commodities
30
Commodity 2017-2018 2018-2019 2019-2020
NATURAL OR CULTURED PEARLS,PRECIOUS OR SEMIPRECIOUS
STONES,PRE.METALS,CLAD WITH PRE.METAL AND ARTCLS
THEREOF;IMIT.JEWLRY;COIN.
26,911,550.92 28,279,365.85 25,544,085.35
MINERAL FUELS, MINERAL OILS AND PRODUCTS OF THEIR
DISTILLATION; BITUMINOUS SUBSTANCES; MINERAL WAXES.
24,790,423.37 33,547,439.80 30,236,717.45
NUCLEAR REACTORS, BOILERS, MACHINERY AND MECHANICAL
APPLIANCES; PARTS THEREOF.
11,518,730.79 14,665,227.99 14,766,128.95
VEHICLES OTHER THAN RAILWAY OR TRAMWAY ROLLING STOCK,
AND PARTS AND ACCESSORIES THEREOF.
11,122,918.45 12,653,335.85 11,840,349.40
ORGANIC CHEMICALS 9,538,061.91 12,756,673.67 12,386,671.29
32. Top Import Commodities
32
Commodity 2017-2018 2018-2019 2019-2020
MINERAL FUELS, MINERAL OILS AND PRODUCTS OF THEIR DISTILLATION; BITUMINOUS
SUBSTANCES; MINERAL WAXES.
85,269,665.08 117,471,484.79 108,855,874.56
NATURAL OR CULTURED PEARLS,PRECIOUS OR SEMIPRECIOUS STONES,PRE.METALS,CLAD
WITH PRE.METAL AND ARTCLS THEREOF;IMIT.JEWLRY;COIN.
48,170,503.00 45,150,507.88 38,513,983.20
ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS THEREOF; SOUND RECORDERS AND
REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS AND REPRODUCERS,AND PARTS.
31,110,255.48 36,415,185.42 34,809,108.18
NUCLEAR REACTORS, BOILERS, MACHINERY AND MECHANICAL APPLIANCES; PARTS THEREOF. 24,381,593.24 30,636,841.47 30,706,725.16
ORGANIC CHEMICALS 12,376,076.23 15,655,154.98 14,020,455.44