The document contains an undertaking by a student named Amruta Pravim Haldipur for a project called "Project We Like". In the undertaking, the student declares that the project work was conducted as part of her syllabus and was prepared by her after viewing the specified content, and not sourced from any outside agency or other student. The student understands that any malpractice could result in failure of the subject. The document also contains an overview of the project covering topics on goal setting, decision making, foreign exchange markets, operational excellence and networking.

1. PROJECT WE LIKE

2. Annexure
UNDERTAKING BY STUDENT
I Ms. AMRUTA PRAVIN HALDIPUR , having admission
no. HPGD/JA19/0256 , declare that project work done for Project We Like is my
own work
conducted as part of my syllabus.
I further declare that project work has been prepared personally by me after
viewing the content
under ‘We Tube, We Lounge and Newswire’ and it is not sourced from any
outside agency or any
other student.
I understand that, any such malpractice will result into I being debarred for
the subject viva and
will be considered fail for that subject. I also understand that I will have to face
very serious
consequences and my admission to the program will be cancelled without any
refund of fees. I am
also aware that, I may face legal action, if I follow such malpractice.
I hereby abide to take the viva faculty’s decision as final for evaluation of Project
We Like.

3. Overview of
Project
We Lounge
1. Goal Setting 1. Mr. Mainak Dhar
2. Decision Making (MD, General mills)
3.Foreign Exchange Market 2.Mr. Vipul Saxena
4. Operational Excellence (HR, Ashapura Minechem
Ltd.)
5.Networking And Building 3. Mr. Vivek Saxena
Relationship (Co-Founder & CEO of
Zipcash)
We Tube

4. 1.Goal Setting
Chandarana
Learnings:
Attach yourself to the goal and not to person or situation.
- -Albert Einstein
 Three important
components:
1. Clear vision
2. Plan
3. Achieved that plan
 Benefits of goal setting –
 Personal
 Goal help in measurement of
achievement.
 Gives satisfaction
Organizational
 Future orientation.
 Clarity of direction.
 Better communication.
 Capability
assessment.
 Satisfied employee

5. Goals v/s Objectives
Goals:
• Organizational
goals provide
guidelines,
framework.
• Its has specific
time period.
Objectives:
• Objectives are
path to reaching
towards goals.
• More specific .
THE HIERARCHY OF GOALS
Vision
Group
Plans
Unit
Plans
Divisional
Goals
Departmental
Goals
Sectional goals
Indiviual goals

6. SMARTER Goals
• Specific
• Measurable
• Achievable
• Relevant
• Timely
• Effective
• Reinforcing
SET
MONITOR
FEEDBAC
K
REWARD
S
MISSION
VISION
VALUE
S
DEPARTMENTAL
GOALS
WORK-GROUP
GOALS
INDIVIDUAL
GOALS

7. 2. DECISION MAKING
Prof. Rajendra Kulkarni
Learnings:
“It is a process of evaluating available choices
in the given
issue and reducing the uncertainty and doubts
from the available choice. To arrive at the
‘performable’ solution.
STEP TO EFFECTIVE DECISION-MAKING
1. Identify the
Decision
2.Gather Information
3. Identify
Alternatives4. Evaluate the
alternatives5. Select best
alternatives6. Implementation the
decision7. Decision review and
Evaluation

8. RATIO ANALYSIS : Ratio is a important tool and technique for making
decision and judgments.
A ratio is an expression either in pure form or as a
percentage.
Issue Alternative
s
Best
Choice
Action
‘No action’ is also a Decision
For the process of decision making you required:
• Authority
• Resources
• Skills

9. 3 Foreign Exchange Market
-Prof. B.B. Bhattacharya
 Foreign Exchange is method of conversion of one
currency into another.
 Foreign Exchange as per FEMA 1999-“Foreign
Exchange” means foreign currency and include
 Deposits, credits and balances payable in
foreign currency.
 An exchange rate is the price of one currency in
terms of another currency.
 Major Players/Participants
Corporate
Commercial Banks
Central Bank

10. Characteristics of
Foreign Exchange Market
 Scarcity
 Commodity
 Rate Market
Merchant Interbank International
• No Location- Global Market
• OTC(over-the-counter)- Worldwide network
of inter-bank traders
• 24 hours
• High Volatility/instability
• High amount

11. Growth in Indian
Forex Market due to:
I. Quantum rise in
Global Forex
market.
- Global forex market
determines foreign
exchange rate for
every currency.
II. Technology
development
III. Reform measures
and consequent
flexibility
IV. Allowing Private
sector banks and
FOREX Market
Structure
Reserve Bank of
India
Authorized
Dealer-
Foreign Branches
of Indian
Banks/Branches of
foreign bank
Customer

12. 4. World Class Operational
Excellence
Prof. Shailesh kale
McDonalds-U.K
Learning objectives
 Challenges
 Methodology
 Recommendations
 Way Forward
 Conclusion
Elements of Business plan
 Phase I - Data collection and Analysis
 Phase II - Forecasting
 Phase III – Round the clock
Operational Challenges

13. Elements of Business plan
Phase I- Data collection and Analysis
 Market Characteristics, population, buying behavior &
consumption pattern
 Description of products/Services
 Competitors
 Business plan
 Sales and operational planning
Phase II Forecasting
 Location-Premises, Facilities & Infrastructure
 Vendor Management-Material and source of supply

14.  Manufacturing Excellence
 Value Analysis & value Engineering
Phase III- Round the Clock Operational Challenges
 Role of information Technology-Real Time systems for
improved efficiency
 Sales & Distribution Technique.
 Advertising and Sales Promotion
 Pricing
 Consumer behavior
Strategy Formulation
 Short term and long term planning
 Rolling sales forecasting
 Estimation of Market Share
 Management assistance and staff training.

15. 5. Networking And Building Relationship
Prof. Harsh Sharma
Networking Contact
Casual/Social/Chance contact
Purposeful contact(i.e. meeting, career fair, informational interview, etc)
Thank you contact(Follow any initial contact you want to maintain)
Follow up contact
Things that draw people in
 A great sense of humor
 Confidence
 Being approachable
 Smiling and eye
contact
 Starting conversation
instead of waiting
 Good manners
 Respect for cultural
difference
 Sharing knowledge(but nor
being a know-it all)
 Not taking yourself too
seriously
 Knowing how to end a
conversation appropriately

16. Tips for successful networking
• Dress appropriately and arrive early.
• Always have plenty of business cards.
• Make goals to meet 3 new people each week.
• Never start a conversation talking about yourself.
• Keep your conversation short and focused.
• Listen and ask sincere questions.
• Good manners are everything.
• Thank people
• Make a point to sit with new people at a meeting or
conference.
• Create opportunities for continued contact.

17. We Lounge

18. WE LOUNGE -1
Mr. Mainak Dhar
MD, General Mills

19. Learning's:
From this video I understood various points as he…
Professional Profile
• He has more than two decades of experience at
blue chip multinational organization( Procter &
Gamble and now General Mills) with records of
providing transformational leadership.
Spoke about his journey of General Mills
privileged to move into this new role, where he work
with an amazing and diverse team. Which spread
across 7 Times zones( From South Africa to South
Korea), speak more than 20 languages, are based
in 23 locations and represent more than 25
nationalities.

20.  In addition to the IMEA region, he have expanded
responsibility for snacks business across all of asia, a
mandate that has he leading a multinational team
based in seven countries to serve consumers with
food they love. He continue accelerating the IMEA
market along the growth journey he has started
together as well as develop brand strategies and
innovation pipeline for much loved snacking brands
like pillsbury, Betty Crocher and Natural valley both in
current market as well as expanding into whitespace
markets across Asia.

21. HR, Ashapura Minechem Ltd.
WE LOUNGE-2
Mr. Vipul Saxena

22. Learning's:
 Leading and inspiring HR in India’s largest multi-
mineral solutions provider-The Ashapura Group.
 Started its journey in 1960 the group has mining and
mineral processing facilities in Belgium, Oman and
Malaysia. With a huge presence in India and a huge
presence in India and operating from Rajasthan,
Gujarat, Maharashtra, Karnataka, Kerala, Andhra
Pradesh and Orissa.
 He also world’s top 5 benonite companies, with a
dominant presence in the value added segment for
Bleading Clay, Clay catalysts and Calcined Bauxite in
India.

23.  Innovation and a catalyst to change are two
words he relate to most as an Hr game changer.
Lots of his HR strategies for all these years
including unconventional Employee Engagement
initiatives
 With his academia, techno-commercial acumen &
years of experience he managed cross multi-
dimensional challenges at a time.
 Highlight of his journey was being a winner of
“National Award” for Aviation Technical Research
paper ny Aeronautical Society of India chaired by
Late Dr APJ Abdul Kalam.

24. Co-Founder & DIR, Zipcash
WE LOUNGE – 3
Mr. Vivek Saxena

25. Learnings:
Mr. Vivek saxena has over 13 years of work
experience in various senior roles across IT,
Internet and Consumer Service.
Currently, he is the co-Founder and CEO of
Zipcash, India’s leading mobile payments company.
Zipcash is an innovative company focusing in the
area of micro-payments, enabling consumers to
transact online and offline without a credit/debit
card in a safe, secure and convenient manner.
Zipcash was the first company to lunch the
prepaid model for mobile payment in India, with the
objective to empower and enable any consumer
with a basic mobile handset to be a part of the
digital revolution.

26. Prior to Zipcash, Mr. Vivek has spent 6 years in
various senior management roles at Microsoft. In his
last assignment as Industry Manager at retail, he
was responsible for formulating Microsoft’s entry
strategy for Retail vertical in India, which included
building up the team, setting up the partner
ecosystem and bringing in best practices & learning
from Microsoft globally.
Mr. Vivek has an MBA in Finance and Marketing
from Narsee Monjee Institute of Management
studies and Welingkars, University of Mumbai and
has done B.Sc (Physics) from St. Xavieras college
Mumbai.

27. News Wire

28. 1. FINTECH: AN ASSET OR LIABILITY
Is Digital Economy Smart? - eletsonline
 With the advent of smart wallet systems like paytm in
India and the economic system going cashless is
plastic money and virtual wallets a smart move?
 When a country with primary source of income as
agriculture and small traders that depend on everyday
cash income flow suddenly decide t go cashless and
smart, it leaves the mass in uncertainty. Can Artificial
Intelligence (AI) contribute towards the economic
growth and change conventional Finance with
technology?
 AI has now merged finance and technology and given
rise to the emergence of new Fintech interaction in the
digital space. Some widely used Fintech tools today

29.  What are the risks of virtual money and e-banking?
Virtual wallets are often left unused or money is
non-transferable unless a purchase is made. This gives
the customer a reason to spend even through he did
not intend to. It is similar to a sales pitch where
customers are tricked into buying more than they need
with bulk offers and discounts.
This is one of the risks of a cashless economy where
real money is in deficit and the economy slips into loss.
However the virtual wallets show that there is still a lot
of money but only if you spend it.

30. 2. 100% FDI IN COAL MINING WILL HELP INDIA TO REACH 300 MT TARGET
-DELOITTE
Leanings:
In August, the government had allowed 100 %
foreign investment in coal mining and contract
manufacturing.
India’s move to allow 100 per cent foreign direct
investment in coal mining is a “positive move” and a
good policy enabler towards the country long term
ambition of producing 300 million tones of steel per
annum.
There is an opportunity to partner with some of the
global miners specifically in the area of technology
transfer and advancing the competitiveness of India's
mining sector, particularly in the area of digitization.

31.  “Foreign investment brings in new technologies,
which brings in new, technologies, which bring in new
techniques, new mindset. And I think that raises the
overall competitiveness of industries. So foreign
direct investment has a positive effect on the industry
as a whole. That’s why this move on the part of the
government is really a step in the right direction” he
further said.
 The cabinet had earlier approved the National Steel
Policy 2017 that envisage Rs 10 loch crore
investment to take capacity to 300 million tonnes by
2030-31

32. 2. FINTECH: AN ASSET OR LIABILITY
Is Digital Economy Smart?
 With the advent of smart wallet systems like paytm in
India and the economic system going cashless is
plastic money and virtual wallets a smart move?
 When a country with primary source of income as
agriculture and small traders that depend on everyday
cash income flow suddenly decide t go cashless and
smart, it leaves the mass in uncertainty. Can Artificial
Intelligence (AI) contribute towards the economic
growth and change conventional Finance with
technology?
 AI has now merged finance and technology and given
rise to the emergence of new Fintech interaction in the
digital space. Some widely used Fintech tools today

33. 2. FINTECH: AN ASSET OR LIABILITY
Is Digital Economy Smart?
 With the advent of smart wallet systems like paytm in
India and the economic system going cashless is
plastic money and virtual wallets a smart move?
 When a country with primary source of income as
agriculture and small traders that depend on everyday
cash income flow suddenly decide t go cashless and
smart, it leaves the mass in uncertainty. Can Artificial
Intelligence (AI) contribute towards the economic
growth and change conventional Finance with
technology?
 AI has now merged finance and technology and given
rise to the emergence of new Fintech interaction in the
digital space. Some widely used Fintech tools today

34. 3. MNC DIGITAL COMPANIES MAY FACE A
MINIMUM LEVEL OF TAX
 Multinational technology and digital companies may have
to cough up a minimum level of corporate tax. The
OECD seeks to use financial accounts as a starting point
for determining the tax base and provide guidance to
MNCs
 The organization for Economic cooperation and
Development (OECD) unveiled for public consultation a
proposal on taxation of digital companies. Its seeks to
use financial accounts as a starting point for determining
the tax base provide guidance on the extent to which an
MNC can combine income and taxes from different
sources in determining the effective tax rate on such
income.

35. 4. WHAT ARE BAD DEBTS-MEANING AND
METHODS
TO CALCULATE BAD DEBTS.
 When an account or trade receivable i.e. a debtors turns uncollectible, it
is termed as bad debts. It means he doesn’t pay the money due
• Methods of Accounting Bad Debts
1. Direct Write-off Method of Accounting Bad Debts
This method remove the irrecoverable amount from Debtors and
records that into Bad Debts Expense
2. Allowance Method of Accounting Bad Debts
This method is used for estimation of the amount won’t be received
and it will credit the allowance for Doubtful Accounts and simultaneously,
it will debit Bad Debts Expense
STEP WILL HELP IN SECURING RECEVABLE FROM BECOMING INTO
BAD DEBTS
Setting a credit limit
Payment in advance
Bank guarantees
Credit insurance
Contractual clauses

36. 5.UPI TO GO GLOBAL, MAY SOON BE AVAILABLE
IN UAE, SINGAPORE
 National Payments Corporation of India’s Unified
Payments Interface(UPI) may soon go global and
become the favourite of United Arab Emirates(UAE) and
Singapore.
 These two countries have already opened their gates to
India’s RuPay cards. And now UPI payment services is
most likely to be a part of their payments ecosystem.
 Both the nations have a significant population of Indian
expatriates. The introduction of the UPI may also prove
to be big support for Indians travelling to these
countries.
 UPI, which has more than 141 banks on board as of
now.

37. 6. MUTUAL FUND HOUSES APPROACH SEBI
WITH 125 NEW SCHEMES IN 2019 SO FAR
 Fixed maturity plan, exchange traded fund (ETF),
retirement, sustainable equity fund and business cycle
fund are some of the themes for which the mutual fund
houses have filed the applications. Interestingly, many
mutual fund companies are also looking at index funds
and global funds
 With just two months to go for the year-end, draft
papers for nearly 125 mutual fund schemes have been
filed by asset management companies with SEBI so far
in 2019, much lower than 211 such documents
submitted in entire 2018. Fund houses attributed the
fewer NFOs(new fund offers) in 2019 to tepid investors’
sentiment and liquidity crisis in debt funds.

38. 7.CONSOLIDATED ACCOUNT STATEMENT
 Consolidated account statement or CAS is a single
combined statement that shows all the mutual fund
investments done by an investor in a month.
 Investors are increasingly using the direct route for
investing in mutual funds. Direct route means that
investors are investing directly through the fund
houses and not through a distributor. Typically, the
investors invest through 4-5 schemes across different
fund houses. While each fund house sends a
statement to the investor, it would include details of
investments made only through that particular AMC
 There is also the option of viewing a summary
statement or a detailed one as well. Typically, the
statement that is emailed is password protected for

39. 8. INDIA TO SEE MERGERS & ACQUISITIONS DEALS WORTH
$52 BILLION IN 2019 BAKER MCKENZIE REPORT
-financial express
 India is expected to see M&A deals of over USD 52 billion in
2019 as mergers and acquisitions in the country are
expected to remain stable despite global headwinds,
according to a new report by Baker McKenzie
 “We know that around the world, there are many investors
and companies with capital on the sidelines, waiting to move
forward with domestic and cross-border deals”. A range of
upside and downside risks could impact the global economy
and lead to a rise or drop in deal values and volumes that
differ from the central transitions forecast presented in this
report. To explore both upside and downside risks, the report
look at five different economic scenarios: Trade War
Escalation, Protracted Euro zone slowdown, US Recession
Hits the Global Economy, No-deal Brexit, and Trade War

40. 9.GOOGLE PAY GROWS 3X IN INDIA IN 12
MONTHS
-Financial Express
 Google pay now has 67 million active users who use it
at least once a month.
 Google pay has grown 3x in India in the last 12 months,
Sajith Sivanandan , MD and business head of Google
Pay and Next Billion users. He is optimistic about
growth to continue in the country. India’s payment
landscape is becoming interesting with more players
entering the segment.
 Sivanandan said the company had over 3,000 on-line
merchants across sectors like food delivery(Swiggy,
Zomato, Freshmenu), travel(Uber, Redbus, AbhiBus,
Golbibo, Yatra), movie tickets(BookMyShow) and
trading and investment (Zerodha), who accept Google
Pay. They are trapping off-line players and have more

41. 10. WHAT IS LONG TERM CAPITAL GAINS TAX?
-financial express
 Long Term Capital Gains Tax meaning: Long Term
Capital Gains Tax or LTCG Tax is the tax levied on the
profit generated by an asset such as real estate and
shares, which is held for a long time period.
 There are different types of capital gains. For
example, while in the case of property, the asset may
be deemed as “long term” only if held for three years
or more, in case of stocks, the limit may be set at one
year. The gain or profit from selling the asset is
classified as capital gain and hence, one needs to pay
tax on it in the year that the asset transfer takes place.

42. How do you calculate Long Term
Capital Gain Tax on sale of
property?
 Once the period of holding for various assets is
defined for categorizing it “ long term”, one may look at
the tax rates that apply. For instance, the government
may choose to apply 10% long term capital gains tax
when equity shares or units of the equity-oriented fund
are sold, whereas it may levy 20% LTCG on the sale
of a property. Keep in mind that Long Term Capital
Gains Tax on sale of equity shares is a phenomenon
witnessed on and off in the Indian taxation regime
over time.