IMSians lauded for their Excellent Performances by Corporate !!!

October 7, 2017 Leave a comment

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IMSians lauded for their Excellent Performances by Corporate !!!

October 6, 2017 Leave a comment

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Visit to Inland Container Depot (ICD) Tughlakabad, Delhi by PGDM

October 5, 2017 Leave a comment

Visit to Inland Container Depot (ICD) Tughlakabad, Delhi by PGDM Students of IB specialization on September 15, 2017

Under the stewardship of the visionary Director of IMS Ghaziabad-Prof. J. P. Sharma, a new specialization- International Business was launched for PGDM students. To boost the morale of students, an Industrial visit was organized for Inland Container Depot (ICD) Tughlakabad.

The PGDM II Year (Batch 2016-18) students of International Business (IB) specialization visited Inland Container Depot (ICD) Tughlakabad, Delhi on September 15, 2017. The ICD Tughlakhabad is one of the oldest but most modernized, dry port which handles imports and exports bound containers through railways from gateway ports like Mumbai, Nhava Sheva, or Chennai or by road like Kandla, Haldia Kolkata. ICD Tughlakabd has Exports and Imports clearances in its premises. While the Indian Customs handle the all clearance related to Imports & Exports, the Container Corporation (CONCOR), is a custodian of the premise and the CISF undertakes all security related aspects.

The Superintendent (Imports), explained the different processes related to imports- seal checking & breaking process of an import container, de-stuffing and mandatory customs inspection, bonded warehouse and related clearance formalities by an importer. The Sr. Manager, Mr. Chaudhary (Imports-CONCOR), explained the customs clearance formalities to the students. In the exports division, students were shown the formalities related to pre-shipment inspections, and other warehousing clearances. The Asst. Commissioner, Mr. Malhotra (Imports) also met the students. Finally, Dr. S. K. Dube, Area Chairperson-IB, who was accompanying the students, on behalf of the IMS Ghaziabad, extended thanks to all the authorities, for facilitating and extending hospitality during the visit.

Training Programme on CMIE’s Prowess

October 4, 2017 Leave a comment

Training Programme on CMIE’s Prowess, Institute of Management Studies Ghaziabad, under the stewardship of Prof. J. P. Sharma, Director IMS Ghaziabad, organized a certification training programme on CMIE’s Prowess on September 18 and 21, 2017 for the final year students of PGDM (Batch 2016-18). The programme started with the gracious presence of Mr. Prabhakar Singh, Regional Head North and Ms. Saumya Mehrotra, Senior Business Executives of Center For Monitoring Indian Economy Pvt. Ltd. (CMIE) along with Dr. Tapan Nayak, Program Chairperson, Dr. Neeraj Sanghi, Area Chairperson-finance, Dr. Mayank Kumar, Assistant Professor Finance.

The objective of the training programme was to give the exposure and workable knowledge of ‘CMIE’s Prowess IQ’, the database of the financial performance of nearly forty thousand companies, to the students. It includes all companies listed on the National Stock Exchange and the Bombay Stock Exchange, thousands of unlisted public limited and private limited companies. IMS is one of the select premier B- Schools that offers unrestricted access of the database to faculty members and students for quality analysis and research. Mr. Prabhakar Singh and Ms. Saumya Mehrotra, shared with the students that Prowess is an indispensable source to extract financial information and performance of active business enterprises in India. Trainers extensively trained the students on how to extract information from the database. The Prowess database is built from annual reports, quarterly financial statements, stock exchange feeds and other reliable sources. The database is structured to enable inter-company and inter-temporal comparisons. This enhances the usefulness of the database in decision making. This data base can be used by the students in their projects, dissertations, and to update their knowledge about the Indian corporate sector to enhance the employability.

IMS Ghaziabad organized “Swachh Bharat Samridh Bharat” Abhiyaan

October 4, 2017 Leave a comment

IMS Ghaziabad organized “Swachh Bharat Samridh Bharat” Abhiyaan on September 26, 2017, where a massive cleanliness drive will be undertaken by the faculty, staff and students of IMS as a conclusion to the SWACCHTA PAKHWADA campaign initiated on 19th September, 2017 under the dynamic leadership of Prof. J. P. Sharma, Director – IMS Ghaziabad.
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SWACCHTA PAKHWADA is organized to pledge the support of the higher educational Institutions in spreading the message of cleanliness not only among the students but also in the surrounding areas. Higher Educational Institutions have a crucial role in shaping the public view about cleanliness. All the Faculty, Staff members and Students took Oath to keep the country clean and further propagate the message of cleanliness throughout the country.

Lecture on “How to Lead Powerful Life & Achieve Your Dreams”

September 29, 2017 Leave a comment

Special Lecture on “How to Lead Powerful Life & Achieve Your Dreams” by Dr. Anil Sethi on September 28, 2017

Under the stewardship of Prof. J. P. Sharma, Director-IMS Ghaziabad and with the slogan of “Believe in yourself and Dream for a better future”, Dr. Anil Sethi, Founder- G. K. Group of Companies came up with mesmerizing half day session on “How to Lead Powerful Life and Achieve your Dreams” for all PGDM 1st year students on September 28, 2017 with values and ethics in-tact within and great sense of gratitude and thankfulness towards all those who have brought up and acted as catalysts in our successful existence and survival. Prof. Sharma welcomed Dr. Anil Sethi and also highlighted the importance of the session by citing his own life experiences in his inaugural address.

The interactive session ensured 100% engagement and involvement of a huge gathering of all PGDM students and faculty members. The workshop ensured that value-system is strengthened from its roots to the tips and made each one in the auditorium confront with their past deeds and mis-deeds. The session ensured rolling in and swinging emotions, passions and sensations within each and every participant. To conclude the session, a trophy of “Star Perfomer” was awarded to Ms. Divya Pathak leaving everyone delighted, ecstatic and enthusiastic towards one’s life. The vote of thanks proposed by Dr. Tapan Kumar Nayak, Programme Chairperson-PGDM encapsulated all the learning through a Zen story on filling minds with new and up surging ideas and empowering thoughts ensured a concrete & substantial take-away of life.

Categories: lecture

Special Seminar on “What went wrong with Satyam & Kingfisher”

September 28, 2017 Leave a comment

Special Seminar on “What went wrong with Satyam & Kingfisher”, September 27, 2017

Under the auspices of “Special Seminar Series”, a Special Lecture was delivered by Prof. J.P.Sharma, Director, IMS Ghaziabad, on “What went wrong with Satyam & Kingfisher” on September 27, 2017. Prof. Sharma, with his vast experience and innumerable publications on the related topic of “Corporate Governance”, engaged the PGDM I Year IMSians on an academically pertinent topic today.

Based on his own researches, Prof. Sharma explained, what could be the probable reasons for such collapses?. He deplored how company like Satyam, which received the prestigious “Golden Peacock Award” in 2008 collapsed in 2009?. The acceptance Rs. 7000 crore fraud by Mr. Ramalinga Raju on January 7, 2009 and subsequently takeover by Tech Mahindra in June 2009 infact Satyam now merged with Tech Mahindra. Prof. Sharma termed Satyam as a classic case of “bogus accounting”. In a similar vein, he also highlighted the failure of “Kingfisher Airlines” a classic case of mismanagement and not adhering to the tenets of Corporate Governance (CG) norms. In his view, the owner of Kingfisher -Mr. Vijay Mallya, a well educated man coming from a sound family behaved in an unethical manner. The Kingfisher Airlines was launched by Mallya in 2005, with initially 4 aircrafts, but emerged as second largest market share holder in Indian aviation by 2011, with its fleet reaching to 92. However, the company never declared profit.

Prof. Sharma elucidated several factors responsible to the downfall of “Kingfisher Airlines” including Mallya considered Kingfisher as his fiefdom; he withdrew substantial amount of money and diverted to several shell companies outside india and IPL; the CEO of the Kingfisher was paid exorbitant salary, ie second highest salary; Questionable role of Independent Directors/ Auditors/regulators/bankers; Lack of transparency prevailing at Kingfisher; Lack of professional management; ill timed merger with Air Deccan; Political funding; Lack of delegation of responsibilities; Defaulted on salary payments; pledging of shares by Vijay Mallya for getting loans from other banks. In all, based on facts and figures, the seminal lecture critically analyzed the “Rise & fall of Satyam & Kingfisher Airlines” and put forth a right perspective. Chairperson for “Special Seminar”- Dr. S. K. Dube expressed vote of thanks to the Director, Prof. J.P.Sharma for his ‘insightful lecture’ and keeping the flame of “Knowledge sharing” alive in IMS.

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