Report on Workshop on Data Collection and Measurement for PGDM

The world of business is moving at a very fast pace. Knowing information about the consumer and the market is essential for the success of any business. This information will guide in making strategic business decisions, uncovering unmet customer needs, and in many cases, help discover new ideas for products or services. Successful businesses worldwide periodically conduct market research in order to stay tuned to changing market trends and to retain their competitive edge. Whether the business is in a start-up stage or in an expansion phase, market research is vital for understanding the critical characteristics of target market to increase sales revenue, profit, ROI and overall business success. The importance of market research can be best perceived by understanding the various factors that impact business.
As a mandatory requirement of PGDM program PGDM Sem III will soon start their summer Internship Program. In order to deliver next teaching pedagogy apart from regular classroom session of Marketing Research and Report writing a workshop on Data Collection and Measurement was conducted on 22.4.2014 at IMS NOIDA seminar hall by Dr. Kanwaljit Singh Executive Director, IMS Noida. He taught the students technical nature of the data ,how to identify what data is required to be collected with reference to the objective of research. This workshop will provide a great support to students in their SIP.

Workshop on Currency Derivatives

Mr. Ashish Kumar Jha has conducted a workshop on currency derivatives on 12th April 2014. A total of 38 students have participated in this workshop from PGDM, MIB and BBA programe. In this workshop the various topics of currency derivatives were analyzed by the students with help of Ashish Jha. The main topics were Currency Future and option, treading of currency using software, analysis of currency in spot and future contracts etc. After this workshop an online examination was conducted in which 27 students were clear the examination. Ms Astha Jaiswal from BBA has got highest marks (91/100) in this examination. The Institute will give the passing certificate to those passing students and it is recommended that all the students must give the examination of “Currency Derivatives” conducted by NSE.

आईएमएस में वर्ल्ड अर्थ-डे पर

इंस्ट्टीयूट ऑफ मैनेजमेंट स्टडीज (आईएमएस) नोएडा में वर्ल्ड अर्थ-डे के मौके पर इंटरा कॉलेज प्रतियोगिता का आयोजन किया गया। मंगलवार को आयोजित इस प्रतियोगिता में पत्रकारिता एवं जनसंचार विभाग के छात्रों नें नुक्कड़ नाटक, फेस पेंटिंग, कविता एवं वाद-विवाद के माध्यम से पर्यावरण के प्रति जागरूकता फैलाई। संस्थान द्वारा आयोजित इस प्रतियोगिता में आईएमएस के शैक्षणिक निदेशक डॉ.कमलजीत सिंह, डायरेक्टर प्लानिंग एण्ड डेवलपमेंट विशाल सालुन्के, शैक्षणिक डीन डॉ.मोनिका गुप्ता, डीन जर्नलिज्म प्रो.डॉ.एन.के त्रिखा के साथ पत्रकारिता विभाग के सभी शिक्षक एवं छात्र मौजूद थे।

वर्ल्ड अर्थ-डे के मौके पर आयोजित इस प्रतियोगिता में डॉ.कमलजीत सिंह ने कहा कि इस मुद्दे पर चर्चा की नहीं, बल्कि जीवन के छोटी-छोटी गलतियों पर ध्यान देकर सुरक्षित पर्यावरण के प्रति जिम्मेदारी निभाने की जरूरत है। वहीं जर्नलिज्म विभाग के डीन प्रो.डॉ.एन.के त्रिखा ने राष्ट्रीय एवं अन्तराष्ट्रीय स्तर पर पर्यावरण एवं प्रदूषण की चर्चा की। उन्होंने कहा कि आने वाले समय में हम आईएमएस ग्रीन क्लब की शुरूआत कर रहे हैं। डॉ.त्रिखा ने सभी छात्रों से पर्यावरण के प्रति अपनी जिम्मेदारी निभाने का भी आग्रह किया। उन्होंने कहा कि किसी भी प्रकार की शुरूआत हमें खुद से ही करना चाहिए, हम अपने जीवन में छोटी-छोटी पहल कर पर्यावरण के प्रति अपनी जिम्मेदारी निभा सकते हैं। वहीं शैक्षणिक डीन डॉ.मोनिका गुप्ता ने छात्रों से री-यूज, री-साईकल एवं री-फॉर्म की चर्चा की। उन्होंने छात्र से क्लास समाप्ति के बाद लाईट, फैन को बंद कर पर्यावरण के प्रति खुद की जिम्मेदारी निभाते की अपील की।
कार्यक्रम के अंत में प्रतियोगिता में विजयी छात्रों को पुरस्कृत भी किया गया, जिसमें वाद-विवाद प्रितियोगित के लिए रवीना, अनुराग एवं मुकुल को क्रमशः प्रथम, द्वितीय एवं तृतीय पुरस्कार से सम्मानित किया गया। इस इंटरा कॉलेज प्रतियोगिता का आयोजन जर्नलिज्म विभाग के फैकल्टी डॉ.आनंद पहारिया के नेतृत्व में आयोजित किया गया।

National seminar on Protection of Environment: Emerging Issues

One day National seminar on Protection of Environment: Emerging Issues is scheduled to be held on April 26, 2014 at IMS Seminar Hall.

The seminar aims to deliberate on the opportunities and challenges to the Indian businesses in the changed business paradigm. It will offer the chance to share our experiences in environmental management and learn about new proposals and responses to the environmental challenges.
The key issues to be discussed in the seminar include:

•    Issues of Global Warming and Green house effect.
•    Corporate social responsibility as a tool to climate change.
•    Waste Management Mechanism: Challenges and Implementation.
•    Institutional bottlenecks in Clean Development Mechanism.
•    Industry NGOs and Government response on climate change.
•    Renewable Energy Resources its usability and restraints.
•    PIL and Judicial Activism
•    Coastal zone pollution: its impact and regulations.
•    Environmental adjudicating authority: Green Tribunals.
•    Kyoto protocol on climate changes its impact on Indian economy.

We are inviting stalwarts from legal fraternity to deliberate on the subject. We request you to kindly accept our humble invitation to grace this seminar by your presence.

Educational Visit to Dasna Jail

An educational visit to Dasna Jail was organized on April 12, 2014 for the students of B.A.LL.B. VIII and X Semester firsthand information was given on the conditions of inmates and the system of jail administration for their field work. The students not only interacted with some of the inmates but also had an opportunity to understand the reformative system of punishment.

•    EXPERIENCE  of  Students AND RESEARCH
About the Jail -:
1.Students  visited art Gallery (where painting were made by the prisoners)
2.Visitedvedio conferencing room.
3.Some prisoners were assigned work according to their skills as we visited stichingroom,where prisoners were stiching school uniforms.
4.Visited women cell, where approx.20 women were staying toghether in one hall with T.V facility available.
5.Visited men cell ,no. of prisoners were 10 times more then women.
6.Visited hall where food was being prepared by prisoners  for themselves,aprox 175 male prisoners were allocated work  to cook food,and around 62000 chapatis were being made by them daily.
7.Visited jail hospital,where prisoners were being treated .
8.Visited  Jail Libraray( which was full of huge collection of BIMTECH books and some others.),Yoga classes and computer Training were also being given to the prisoners.
•    INTERACTION WITH THE PRISONERS-:
NUPUR TALWAR AND RAJESH TALWAR  (Arushi murder case).-They both were giving free medical services to the patients in jail.
RAGINI- She was charged with sec 302 and 120b of IPC.She has given her LLM exams from jail.As now she is waiting for her Bail.
•    INTERACTION WITH THE JAIL STAFF-
1.D.JAILOR-MR.SS YADAV- He was very cooperative with us.
and given us knowledge about the prisoners like 3 prisoners were punished with Death sentence.200 prisoners were punished with life imprisonment.Total 5000 Prisoners were present there.
2.JAIL DOCTOR- Mr.TYAGI- He served more then 10 yr as a dr. in moradabadjail.and told us about medical condition of Prisoners, most of them suffering of depression and severe diseases (cancer,TB,Aidslepprosyetc).
To bring into conformity with life after jail, an environment conducive for development, facilities such as Audio-Video Conference for Prisoners ,Tailoring  Centre , Learning Resources Centre, Computer Study Centre, Educational Facilities through, BIMTECH Birla Institute of Management , Greater Noida,  Law Library for inmates to know the laws, Meditation and Yoga  Centre, Hospitals  and others were provided. An inmate has a daily planned routine of working in the field of her /his interest such as in tailoring, canteen etc. Provision for legal aid lawyers were given to inmates for understanding the technicalities of Law. Dasna Jail was introduced in 1996 with 34 Acres of Land and presently 5000 intimates includes children also.10 Barracks were made for the male intimates and 3 barracks were made for the female intimates. Meeting of outside relatives with their intimates were held twice in a week, with in a jail campus on every Saturday.   The trip was coordinated by DrNiti Sinha (HOD, Law), MrSudhakaran (Law Faculty),and MsSandhyaAswal (PS). with the support of other faculty members Ms. Neelam seam,,Ms. Nabeela Aqueel,MsIndubala,Ms.Nehasingh
Report Prepared By Sudhakaran
                                  Law Faculty

WORKSHOP ON SEBI SECURITIES AND EXCHANGE BOARD OF INDIA

On 25^th March 2014 IMS Noida organized a workshop on SEBI in the college premises. It was an outstanding afternoon with a noble cause. Dr. Mukul Jain, a certified training faculty of SEBI conducted this workshop to promote financial education & investor awareness. He has a rich experience in industry and academics. He is a mechanical engineering graduate and post graduate in business management from ISTD. He is got a dual fellowship of Insurance Institute of India in the field of life as well as general insurance and is also a fellow of American college. He has been the training head of SEBI Life Insurance Company and also has been honored as Director of financial planning institute.

The basic aim of the workshop was organized with the aim of providing awareness to individuals about the overall view of market, about how the capital market operates, how stock market works and how it gives an idea about investment.  This workshop has given us important information about the framework and functions of SEBI. The topics covered in the workshop were namely stock exchange, mutual funds, savings, investment and capital structure, SENSEX, NIFTY, SIP, PPF, and NPS etc. At the end it can be concluded that the workshop was motivating and provided much useful information.

BBA HAAT at IMS NOIDA

Institute of Management Studies, Noida organised ‘BBA HAAT’ on 28th march 2014 in the open ground of Institute. The event began with opening ceremony i.e. cutting of Ribbon by Prof P.K Agarwal (Dean Management) followed by the lightening of the auspicious lamp. The event was compeered by BBA program coordinator Mrs. Harkiranjit Kaur and coordinated by the faculty members of BBA program.

The main objective of organising BBA HAAT was to highlight the entrepreneurial skills and innovative ideas of the BBA students as participants. About 20 stalls were put up by the students such as Youth Station, The Ultimate Gaming zone, PU…SHA...SHI...RO...RA...SHI, Multi Fun Corner, Lucky 7, Fun and Food etc. for games, music, food, handicrafts, henna and many more different activities. President Sir, Dean Academics Mrs. Monica, Dean Management Mr. P. K. Agarwal and IMS advisor Mr. Alok Agrawal motivated the students by visiting all the stalls. They participated in the games and various activities and appreciated the creative ideas and efforts of the students and faculty members. The event was a great success which concluded with a lot of applause and cheers with the distribution of prizes by Prof. P.K Agrawal.

The stall ‘YOUTH STATION’ put up by Rajan Gupta, Richa Goel and Saloni Garg   was nominated for 1st prize and a cash award.

Second prize was given to Gaming Zone and Sharbat-e- Andaze put up by Mayank Dua, Yogesh Kapoor, Kritika Agarwal, Shreya Singh Pratap, and Aishwarya Gupta.

Third prize was given to Floto Shop put up by Chirag Jain, Akansha and Priyank Bhardwaj.

Consolation prizes were given to other several participants to boost their morale.

Law Quiz

To enhance the knowledge in the field of law for judiciary and other competitive examination, IMS Law College organized Law Quiz on April 4, 2014. The competition was started with the introduction speech of Dr. Niti Sinha (HOD, Law) regarding the importance of legal quiz which help in shaping their careers in the field of law. The event was started  with preliminary round consists of current awareness and general  studies, followed with second round consists of  multiple choice questions from law subjects like , contract, torts, constitutional law, IPC etc and final round consists of questions based on technicality  and case laws . 15 teams consists of two members were participated in the competition and few number of students emerged as winners of the competition. Vote of thanks was given by Ms. Surabhi Guleria (Law faculty). The winners of the competition are Richa Trapthi and Priya Gupta (B.A., LL.B VI semester), first prize and Vishal Sheraon and Ritesh Chopra (B.A., LL.B VIII & VI Semester) ,second prize . The competition was coordinated by Ms. Neelam Seam, Mr Sudhakaran,  Anjum Hassan and Nabeela Aqeel (Law Faculty).

Awareness Seminar on Competition Law and Policy

The past few years have been challenging for the economy and for businesses world over, making the task of policy makers even more daunting.  India, in the pursuit of globalization responded by opening up its economy by removing controls and resorting to liberalization. In the light of this, the obvious need of the hour was that the Indian market be geared to face competition from within the country and outside.  The financial crisis which gripped world strengthened the need and highlighted the importance of a strong and effective competition policy, a policy which would encourage markets to work well for the benefit of business and consumers, thereby increasing the country’s economic fitness: markets characterized by effective competition makes firms innovate more, keep prices down for consumers and improved total factor productivity drives economic growth. These factors are all the more relevant given the financial challenges faced by the country. It is clear that ultimately, the way out of this crisis – for the financial sector and the wider economy – lies with competitive markets, backed up by a robust competition policy.
Competition policy is defined as those government measures that affect the behavior of enterprises and structure of the industry with a view to promoting efficiency and maximizing   consumer/ social welfare. There are two components of a comprehensive competition policy. The first involves putting in place a set of policies that enhance competition or competitive outcomes in the markets, such as relaxed industrial policy, liberalized trade policy, convenient entry and exit conditions, reduced controls and greater reliance on market forces. The other component of competition policy is a law and its effective implementation to prohibit anti competitivebehavior by businesses, to prohibit abusive conduct by dominant enterprise, to regulate potentially anti competitive mergers and to minimize unwarranted government/regulatory controls.  In lieu of this IMS Law College organized a half day seminar on “Awareness about Competition law and Policy at AF-III, on April 3, 2014. The eminent speakers of this seminars are Ms. Surabhi Mehta (Advocate, Competition & IPR law practice of APJ-SLG Law offices, New Delhi), Mr. Saket Sharma(Advocate, Junior Fellow, University of Delhi) and Mr Sandeep(‎Manager (Marketing &Outreach) at CIRC) . The seminar started with the  welcome  address and  message  on  the   importance of seminar on competition  Law and  Policy  by Dr.Niti Sinha (HOD Law) and introduction of Speaker given by Ms. Surabhi Guleria (Law Faculty).  Ms. Surabhi Mehta spoke   about the main objectives of Competition Act, 2002

• Prevent practices having adverse effect on competition.
• Promote and sustain competition in the markets.
• Protect the interests of consumers.
• Ensure freedom of trade carried on by other participants in markets, in India

 The Act regulates the following broad areas of competition law in India

Anti-competitive agreements: these could be both horizontal and vertical agreements
Abuse of dominant position: The Act prohibits abuse of such dominant position by an enterprise or a group. The Competition Commission of India (the Commission) is empowered into such matters.
Combinations: It needs to be noted that the provisions relating to regulation of “combinations” ( mergers, acquisitions & amalgamations) are still to be notified. The same are likely to be notified any time after the Commission finalizes the regulations for the same.

Competition advocacy: this is defined as the ability of the competition office to provide advice, influence and participate in government economic and regulatory policies in order to promote more competitive industry structure, firm behavior and market performance.(World Bank)

The Competition (Amendment) Act, 2007

The Competition (Amendment) Act, 2007 was approved by the Parliament in September 2007 and received Presidential assent on 24th September 2007.  The amendment brought significant changes in the then existing regulatory infrastructure established under the Competition Act. A few of the major changes are set out below:
The Commission to be an expert body which will function as a market regulator for preventing anti competitive practices in the country and would also has advisory role and advocacy functions.
The Commission to function as collegiums and its decisions would be based on simple majority. Omits power of the Commission to award compensation to parties against proven anti competitive practices indulged in by enterprises.
Allows continuation of the MRTP Commission till two years after the constitution of the Commission for trying pending cases under the MRTP Act and to dissolve the same thereafter.

Notification of all “combinations” i.e. Mergers, Acquisitions and Amalgamations to the Commission made compulsory.
Establishment of a Competition Appellate Tribunal with a three member Quasi judicial body to be headed by a retired or serving judge of the Supreme Court or Chief Justice of High Court to hear and dispose appeals against any direction issued or decision made or order passed by the Commission.
Mr. Saket Sharma give introduction of competition among the market but nothing comparison of product among the competitors in the terms of pricing, product, packaging and designing etc with a view to earn profits. While doing a competition companies should have a healthy environment among the competitors and abide the guidelines framed by the law and the courts. He gave an example of Google on which Rs 1crore fine put by the court for not complying the directions of the court. The seminar ended with vote of thanks given by Ms. Neelam Seam (Law Faculty). The seminar was coordinated by  Dr Niti Sinha (HOD , Law), Mr. Govind Prasad Goyal, Ms. Saurabhi Guleria and Ms. Neelam Seam (Law Faculty) along with the support of other law faculty members and PS.

Report Prepared by Sudhaklaran

Law Faculty