Annexure 1

UNDERTAKING BY STUDENT Mr......., having Admission No. HPGD/JL21/....,

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.

__________________________

Signature of Candidate
PRESENTATION FOR
VIVA

XXXXXXXXXXX
WE LOUNGE
 Mr Prasanth Nair
Learnings :
 He is currently working with CIPLA as a Global Head HR.

 He suggests to make work calendar. Everyday look out schedule & list out
the things be need to do for a day & work accordingly.

 He most like to connect new people & dislike long office meetings
sometime.

 He said Work-Life balance is very important. Along with routine work,

spent time with family or friend circle in weekend.

 With challenges in professional gamut it is important to keep emotional

balance, do right things which you think beneficial for organization

 His message to students Be Happy to manage stress.

4P (Have purpose in life, live with certain principles, passion, proficiency)
 Acknowledge, Respect the views of others and have your mind on both
what you have think & eventually you should do what situation
requires.

 Guiding Principle of career “ Everyday when you go back should sleep

with the realization of feeling that you have done something which you
can have comfortable sleep or not.

 Realize that importance of people, getting along with and getting work
done is very important

 HR people can make a huge difference in life of people

 HR plays very critical role in organization that how people do, react,
what are emotions of people, how they behave and act determines
how company performed.

 HR is that fulcrum between organization and people that people

should believe HR stands for them and at same time business should
believe HR stands for them also.
 HR should take responsibility for people issues in the organization
 HR should manage aspirations in organization .Align individual
aspiration to organization aspiration in all aspects financial,
strategic, emotional, operational, legal function & balance along
all this. HR should beware the differences in culture, respect
those differences

 HR need to make robust succession plan on Drop down scenario

and Short term scenario.

 While switching organization make sure that it will results Value

Addition to you and organization not for just sec of compensation
because in new organization there is no guarantee of good work
environment. So switch for a valid reason only.

 The secret of success is he has been able to contribute for the

organisation & he easily connect with peoples in the organisation.
Therefore People touch is very important
 Mr. Ashok Khade
Learnings :
 He is the Managing Director and Director of DAS Offshore
Engg. Pvt Ltd since 1987.

 It is efficiently managed by hard core technocrats with over 30

years of industry experience.

 A man who had nothing and today he is interacting with

MNCs, Indian Companies and Public Sector Companies

 He encouraged by Autobiography of Dr. Babasaheb Ambedkar

 He directs to more focus on improving skills and proper

utilization of spare time (Time is money so waste it wisely)
 He established his reputation in Mazgaon Dock in such way that
even after leaving an organisation gives them opportunity to
become an Entrepreneur

 So It is so important to create your own image and maintaining

relations in order to executes your goals.

 He has degree Doctorate of Science in Labour Management in

Offshore Industry so along with financial growth of firm he more
concern with labour welfare which is really great learning for me.

 He also contributed in CSR Activity in which he started a school in

Miraj village where almost 720 students learning at present and
proper care taken of them by institution itself

 He is very spiritual kind of person having belief in God and he

motivates his offshore staff to work safely and rest the safety factor
will be taken care by God.
 He is all about not managing the organisation structure which is
the formal setup but also having proper planning skills and
capability to work accordingly and complete assignment on time.

 One of interesting HR Policy is salaries of workers are deposited

in account easily accessible to their family where it more
important rather than given to workers because workers may
misuses by them. So according to me it is really great thinking.

 In further discussion he directs young generation regarding

strategies to become Entrepreneur.
1) Your today’s nature is become tomorrow’s future.
2) There will be bend in life but no end in life.
3) Make note of your aims, targets in diary and work accordingly
4) Identify strengths, weakness, opportunities and threats.
5) Take an experience in market and then go for entrepreneur.
6) Show off your skills in market , connect with master people in
respective field one by one.
 Mr Himanshu Saxena
Learnings :
 Mr Himanshu Saxena is the marketing profession and VP-
Brand Management & Integrated of Reliance Jio infocomm Ltd.

 Most of the Marketing professionals, they build the trend for

premises like-
1) Reasonable Ambition
2) Finite Resources
3) Nobody things as grass root as they can

 The telecom industry has really come a long way since in

inspection.
 Two Fundamental things are happens in a country
1) Idea of Aadhar Card
2) 4G Network – Internet Connectivity

 In & every industry targeted services are different, therefore

telecom os forefront of expanding itself much beyond the
connectivity because of Fundamental things.

 India is 2nd largest country in telecom service Industry. Telecom

Industries are expanded very vastly in India.

 For Campus Interview Followings points are important –

1) Choose your option carefully
2) People who thinks practically
3) People who rich in the experience in the experience than
studies
 Every time try to learn something from other person in
interview, at coffee talk & etc.

 Candidates want following things for selection-

1) Rich Experience
2) Good communication & analytical skills

 For success the Faith is very important & it comes from you
only & it is helps to you in personally & for the other decision
also. Therefore “ FAITH IS THE DECISION ”
WE TUBE
 1
Inventory Control Technique
These are the techniques by use of which it is used to make sure inventory
is available as & when needed for production , for continuos & flawless
flow of operation cycle is very much necessary in order to reduce idle time
of worker as well as machine.
Following are the some of Inventory Techniques:-
1. ABC Analysis ( Consumption Criteria )
- ABC Analysis tends to segregate all items into 3 categories ie. A, B, C
- A Items – Usually found that hardly 5 to10 % of the total account for
70 to 75% of total money spent on the materials.
- This items requires detailed control and should be produced frequently
- B Items – Generally 10 to 15% of the total items and account for
10 to 15% of total expenditure on the materials.
- These are intermediate items, need not to be detail & as rigid as A items
- C Items – Numerous as many as 70 to 80% of the total items for which
5 to 10% of total expenditure on the materials.
- This items produced infrequently and in sufficient quantities.
( Eg. For Shirt , A – Shirt Piece B – Buttons C – Thread )
2) VED Analysis ( Criticality Criterion )
- The analysis classifies items into 3 groups VITAL, ESSENTIAL & DESIRABLE
a) Vital category encompasses those items without which production
would come to a halt. ( Eg. Iron, Steel in Automobile Industry )
b) Essential group includes items whose stock out cost is very High.
(Eg. Technology like Moulding , Shaping )
c) Desirable group consists of items, the stock out of which entails nominal
expenditure & cause major disruptions for a shot period. Eg. Tools , Spares
3) SDE Analysis ( Procurement Criterion )
- Non availability , scarcity , longer lead time, Geographical location of
suppliers and reliability of suppliers etc.
- classified into three groups SCARCE, DIFFICULT & EASY.
a) Scarce - items which are in short supply, imported or channelized through
government agencies. ( Eg. Stents used for Heart Blockage Surgery )
b) Difficult - items which are available indigenously but are not easy to
procure. ( Eg. Liver Transplant, Kidney Transplant )
c) Easy – items which are readily available. ( Eg. Knee Caps, Joints )
4) F-S-N Analysis ( Consumption Criterion )
- Classification F ( Fast Moving ) S ( Slow Moving ) N ( Non Moving )
Eg. PenDrive ( 16-32 GB , 8 GB, 1-4 GB)
5) S-OS Analysis ( Seasonality )
- Seasonal items are available only for limited period. Eg Agricultural product
Mango, Paper industries etc so such items procured to last the full year.
- Seasonal but are available throughout the year. Their prices however , are
lower during harvest time. The quantity of such items requires to be fixed
after comparing the cost saving due to lower prices against higher cost of
carrying inventories
- Non Seasonal items whose quantity is decided on different considerations

6) HML Analysis ( Price Criterion )

- The term under this analysis are classified into 3 groups which are called as
HIGH, MEDIUM and LOW.
- To classify, the terms are listed in descending order of unit price ie. The
management for deciding the 3 categories then fixes the cut of lines.

7) XYZ Analysis ( Inventory Investment Criterion )

- Used in conjunction with ABC Analysis and HML Analysis
- X Items, whose inventory values are high
  - Y Items, which have moderate inventory stocks
- Z Items, whose inventory values are low
 2
Goods & Services Tax (GST)
GST is one Indirect Tax for whole nation which will make India one united
common market.

GST is a single tax or a narrow tax band, on a supply of goods & Services,
right from the manufacture to the customer.

Needs Of GST:-

 to simplify & Replace the existing multiple tax.

 to get full credit for tax paid at Previous stage.
 to Increase tax collection & stop leakages.

GST reduce compliance and it will simplify tax structure in India

 Technology For GST
1. Central Govt. has formed a not for profit an organisation i.e. Goods &
Services Network for development IT infrastructure & services.
2. Infosys is currently developing the platform of GST.
3. The registration will be done through a uniform pan-linked business
identification number.

 GST Rate Structure

 GST counsel finalised Revenue Neutral rate for different goods and
services.
 0%,5%,12%,18%, & 28% with lower rates for essential items & the
highest for luxury & de-merits goods that would also attract an
additional
• 0% essential goods.
• 5 %mass consumption product
• 12& 18 % standard product
• 28% luxury goods.
Benefits to consume, Govt. & Business
 Simplicity & uniformity of tax rates & structure
 Improved competitiveness.
 Higher Revenue efficiency.
 GST will reduce tax evasion .More many to backward states.
 Gain to manufactures & exporters.
 single & transparent Tax.
 Relied in overall Tax burred.

GST Model
India has adopted Dual GST Model
 SGST--- state GST
---Collected by the state govt on transaction within the state
 CGST---Collected by the central Govt.
 IGST---Integrate.
---collected by the Central Govt. on Inter state supply of goods &
services.
 3
 What is PERT ?
PERT
- The Program ( or Project ) Evaluation and Review Technique
- It is model designed to analyze and represent the tasks involved in
completing project. ( Large and complex projects )

- Gives the minimum time required to complete a project & time

taken for the individual activities. A PERT chart is a tool that facilitates
decision making

- More of an event-oriented technique rather than start and completion

- Applied to very large-scale, one-time, complex, non-routine
infrastructures , research and development projects

Example :- a) 1968 Winter Olympics in Grenoble which applied PERT

from 1965 until the opening of the 1968 Games.
b) In 1957 to support the US Navy Polaris nuclear submarine
projects.
Terminology
 PERT Event :- a point that marks the start or end of one or more activities
a) Predecessor Event b) Successor Event
 PERT Activity :- actual performance of task which consumes time and
required resources ( labour, materials, space , machineries)
 Optimistic time :- minimum possible time required to accomplish a task
 Pessimistic time :- maximum possible time required to accomplish a task
 Most likely time :- best estimate of the time required to accomplish a task
assuming everything proceeds as normal
 Expected time :- best estimate of the time required to accomplish a task
accounting things don’t always proceeds as normal
 Fast tracking :- performing more critical activities in parallel
 Slack :- the measure of excess time & resources available in achieving event
Positive Slack – Ahead of schedule Zero Slack – As per schedule
Negative Slack - Behind the schedule
 Lead time :- time by which predecessor event must be completed in order
to allow sufficient time for completion of other activities
before specific PERT event reaches completion
 Lag Time :- the earliest time by which a successor event can follow a specific
PERT event
Advantages
 PERT chart explicitly defines and make visible dependencies
( precedence relationships ) between the elements.
 Facilitates identification of the critical path & makes this visible.
 Facilitates identification of the early start, late start & slack for each
activity
 Provides for potentially reduced project duration due to better
understanding of dependencies leading to improved overlapping of
activities and tasks where feasible.
 Large amount of project data can be organized & presented in diagram
for use in decision making.

Limitations
 There can be potentially hundreds or thousands of activities & individual
dependency relationships
 The network charts tend to be large & unwieldy requiring special size
paper.
 4
Telephone handling technique
In Telephonic talk 86% messages are communicated to tone of voice
=only 14% of message communicated by words.

Telephone handling techniques are :-

Answering the telephone:

1. pick up the phone in 3 rings.

2. Greet the caller.

3. Identify yourself.

4. Ask the caller if or how you can help.

Ways to sound as good as you really good

1. Alertness -- show that u r wide awake.

2. Pleasantness -- put a smile in our voice.

3. Naturalness -- use simple straight forward language.

4. Distinctiveness -- use normal tone of voice.

5. Expressiveness -- Talk at a moderate rate.

Do's :- Don’ts:-

smile Frown

speak clearly & concisely sound tired

Be enthusiastic speak in shrill voice.

Lower the pitch of our voice. speak negatively.

Talk in a appositive mood. Ramble

Listen/Discuss.
 5
Influencer Marketing in Rural
 A form of marketing which focuses on specific key individuals (or types
of individuals) rather than the target market as a whole.

 Identifies individuals with influence on potential buyers and orients

marketing activities around them

 Two practices in Influencer Marketing

A) Earned B) Paid

 Types of Influencer Marketing Companies

1) Managed campaigns – middleman between buyer and influencers
2) Marketplaces – influencers hired through their online portals
3) Software as a service – provide software for buyers to manage
their own influencer relationships and programs
4) PR Agencies – Paid versions of influencers targeting brand building
through positive advocacy.
Rural Consumer Behaviour
a) Collective Social Sanction:-
- Societies are bound by certain norms to which rural areas have
adherence and non-compliance can lead to individuals being caste out
- These norms set by communities figures become collective social san.
b) Influence of Role and Status
- Opinion leaders are people who hold powerful positions or as well
educated than most
- Sarpanchs, caste leders, retired military personnel, medical
practitioners, priests enjoy higher status.
- Purchase decisions of these individuals have a significant influence on
others

Impact on infIuencer Marketing in RuraI Areas

- Influencers are aproached for advice on matters of any consequence
- Also termed as super consumers
- Brands are increasingly focusing on tapping influencers at village level
to enhance their visibility
- Using influencers to build brand trust
Changing lnfluencers
- Mukhiya's word = Gospel: No longer l!
- The role of village elder or sarpanch is diminishing
- The person who builds the biggest house or the man who bought
the motorcycle is now the influencer
- People returning to their villages from cities are also acting as influencer
- People with specific expertise , educated youth

Cases ( Ashok Leyland )

- Engages truck drivers by asking their opinion on vehicle designs
- Drivers feel important, empowered and favorably disposed
toward the brand
- The company capitallization this goodwilI with a program called
Ban Jao Maalik which helps drivers achieve self-employment by
buying their own vehicles
- Trains mechanics on new products, provides tools and certifies
participants.
NEWSWIRE
 1
FOUR TYPES OF PRODUCTION
Depends upon type of product being manufactured, the demand of
the product as well as the supply of raw materials
1)Unit or Job Type Production
Features :- 1) Single Unit Product
2) Depends a lot on skill, on manual work than mechanical work
3) Customer Service and Management plays an Important role
Example :- Restaurants, Individual Product Provider, Premium Companies

2) Batch Production
Features :- 1) Production done in Batches ( Total Number of units required )
2) Once Production starts, stopping it midway may cost huge
amount to the company

3) Demands plays a major role in a Batch Production (Seasonality)

Example :- Consumer Durables, FMCG (like Packaged food items)
Medicines, Hardware
3) Mass or Flow Production
Features :- 1) Used to dole out huge volumes of the product and Product is
standardized.
2) Requires huge initial investment and working capital
3) Demand doesn’t play major role. However, production capacity

determines the success of a mass production

Example :- Automobile Industries

4) Continuous or Process Production

Features :- 1) Majority of work is done by machines rather than humans
2) Work is continuous in nature. Once Production starts, it can’t be

stopped otherwise it will cause huge loss

3) A very controlled environment is required

Example :- Chemical Industry, Plastic Industry, Brewing

Mass and Continuous Production are differentiated by single element ie. Amount
of mechanical work involved. In Mass Production , both Machines and Humans
works in tandem. However, in Continuous Production , most of the work is done
 2
ARE YOU FIRST TIME MANAGER ?
5 ESSENTIAL TIPS FOR SUCCESS
“Becoming a manager is one of the most stressful and challenging
transitions in any career”- William Gentry
1. Be a good communicator and share information.
- Let your Team know to anticipate changes, let them know
what’s happening in your management meetings ( Discussion
regarding strategy and bigger goals for the Organization )
- The more you communicate, the more trust will be built.
2. Model a productive and results-oriented mindset.
- This results in yielding increased job satisfaction and
engagement levels and reduce turnover.
- Turn everything you do into a case. Give your team result
oriented goals and encourage them to find ways to measure
and report on their outcomes.
3. Express interest and concern for your team.
- Showing an employee you care is an integral part of building
rapport and stable working relationships with your team members
- You should hear and understand what the person is telling you
and reflect back the with solutions and giving proper advice.
4. Empower the team and don’t micromanage.
- “Empowering people and giving them the opportunity to
contribute and to solve problems open ups to the collective
knowledge we have.” said Treegold, CEO of Leadership Principles
- Take time to learn strengths & weakness of team , delegate work
to them and provide subtle direction if needed.
5. Give timely and constructive feedback.
- Provide employees with feedback about his or her performance.
- Learn to use observational & communication skill to help your
team understand what they do well & what they need to improve
- Keep two things in mind- Firstly Tell the recipient the purpose of
your comments & second, don’t talk about hearsay or feelings.
Stick to observable facts.
 3
GREEN FINANCIAL PRODUCTS
AND SERVICES – AN OVERVIEW
With the entire world becoming environment conscious, financial industry is not
far behind in its contribution towards greener world.

These green financial products must reduce negative environmental impacts or

provide environmental benefits.

Green Products and Services on Offer

 Green Home Mortgages: These are special kind of mortgages for new homes
which comply green energy consumption standards.
 Green Commercial Building Loan: Attractive loan designs and arrangements
have emerged for “green” commercial buildings, characterized by lower
energy consumption (~15-25%), reduced waste and less pollution than
traditional buildings.
 Green credit and debit cards: A broad family of green products includes debit and credit cards linked
to environmental activities. “Green” credit cards offered by most large credit card companies,
typically offer NGO donations equal to approximately half a percentage point on every purchase,
balance transfer or cash advance made by the card owner.

 Green Mortgage Based Securities: A “green” mortgage-backed security package mortgages on

buildings that meet specific energy-use and environmental benchmarks. “Green” Mortgage-Backed
Securities in the early stages of product design and discussion would hold energy efficient and
environmentally-friendly commercial buildings.

 Carbon Funds: A carbon procurement vehicle (or carbon fund) is a collective investment scheme
which receives money from investors and uses this money to buy carbon credits from, or invest into,
greenhouse gas (GHG) emissions reduction projects, generally through the Kyoto Protocol’s CDM and
Joint Implementation (JI) schemes.

 Green Insurance: The insurance sector can generally be divided into two categories: Life Insurance;
and General (Non-Life) Insurance. “Green” insurance falls under the latter and typically
encompasses two product areas:

1. Those which allow an insurance premium differentiation on the basis of environmentally

relevant characteristics.

2. Insurance products specifically tailored for clean technologies and emissions reducing
activities. Mileage-based insurance is offered to vehicle owners. Discount is offered for hybrid and
fuel efficient vehicles. Bank can also choose to offset vehicle’s annual emissions.
 4
62% INDIANS RUN OUT OF SMARTPHONE SPACE
EVERY THREE MONTHS

 With increasing quality & consequently the size of the content,

storage has become a problem for smartphone users in India.
 29 % - Running out of space at least once a week
 62 % - Running out of space at least every 3 months
 Nearly 36% of Indians said that they would delete a photo of
themselves instead of friends, pets or family.
 “With the average person in India taking 31 photos and 14
videos a week, and the size of digital images and video
increasing rapidly, devices soon fill up”, Wani said (Director-
Channel Sales Western Digital (India) at Sandisk.)
 46 % People have delete files or data from their handsets in
order to free up space at least once in week, while 77 % do
this at least once in month

 Almost 64 % said they had lost a precious photo or video

from their smart phone as result of files not being backed
up.

 Despite this, less than half ( 46% ) of Indian people

manually back up their data and files from the main handset
once in a week, 6 % never back up files at all, excluding
automatic backups and data synchs”, the research found.
 5
INNOVATION: SMART ROADS COULD POWER
STREET LAMPS, ELECTRIC CARS
 The research project aims to design and optimise energy
recovery of around 1 to 2 MW per Km under ‘Normal’ traffic
volumes- which is around 2000 to 3000 cars an hour.
 Researchers in Britain are working on smart materials that
when embedded in road surfaces would be able to harvest
and convert vehicle vibration into electrical energy to power
street lamps or electric vehicle charging points.
 This amount of energy, when stored, is the amount needed to
power between 2000 to 4000 street lamps.
 The researchers working on smart materials such as a
‘piezoelectric’ ceramics for the project
 “ This research is about helping to produce the next generation of
smart road surfaces”, said Mohamed Saafi, professor at Lancaster
University.
 We will be developing new materials to take advantage of the
piezoelectric effect where passing vehicle cause stress on the road
surface, producing voltage. The materials will need to withstand
high strengths and provide a good balance between cost and the
energy they produce”, said Saafi
 This system we develop will then convert this mechanical energy
into electric energy to power things such as a street lamps, traffic
lights and electric car charging points. It could also be used to
provide the smart street benefits, such as real-time traffic volume
monitoring.
 The researchers believe that besides providing environmental
benefits, the project would also help deliver significant cost
savings for Taxpayers.
 6
E-COMMERCE HAVE TO PAY 1% TAX AT
THE SOURCE AFTER GST
 E-commerce firms like Snapdeal and Amazon
will have to mandatorily deduct up to 1 per
cent TCS (Tax Collected at Source) while making
payments to their suppliers under the GST
regime which is expected to kick in from July 1,
according to PTI.

 Experts had raised concerns saying this would mean that a

similar amount will have to be levied on inter-state movement
of goods, taking the total TCS deduction to 2 per cent.
Industry has been expressing concern over the TCS
provisions saying it would mean a lock-in of capital
and also dissuades companies from selling through
online aggregators.
 
E-commerce companies will also have to file returns
on the TCS deductions, but in case of return of
goods by the consumer, these companies will not
have to deduct TCS as there is no actual sale.

The model law had defined 'electronic commerce' as

supply of goods or services, including digital
products, over electronic network
 7
PIRAMAL REALTY TO INVEST RS 1800 CR IN
MUMBAI PROJECT

 Piramal group's real estate firm

Piramal Realty will invest Rs 1,800
crore to develop a new project in
Mumbai.

 The 8-acre project, Piramal Revanta,

is located at Mulund.
 "The ultra-modern towers, billed to be up to 60 storeys, will
become the next referral point in Mumbai's skyline. Sales for over
200 units of Piramal Revanta are open from March 11, 2017," the
company said in a statement.

 Piramal Realty has procured the Commencement Certificate (CC)

for this project and excavation of the site is complete.

 Piramal Group is one of India's leading conglomerates with

interests in pharmaceuticals, financial services, information
management, glass packaging and real estate.
 8
SOON, A ‘ CONFIDENTIAL MODE’ FOR GMAIL
 Gmail users may soon requires a passcode to
open emails, which will generated via text
message, or set an expiration date on sent
emails, thus improving Gmail’s popularity
among businesses.
 As per the company, the new function to be introduced on
Gmail, will allow users to stop recipients from forwarding certain
emails or restrict the ability to copy , download or print them.

 A number of new features will be available to the users post the

revamp

 With the new version of Gmail, users may be allowed to access

Google Calendar from the Gmail Interface directly.
 Also, In case a user is unable to attend to a mail immediately,
Google may introduce a snooze option for the mail to reappear
in the inbox after a specific time frame.

 Furthermore, the company is likely to bring the option of

algorithmically-generated smart replies, which is available
on Gmail for iOS and Android, on the web version as well.

 Google is also reportedly working on a new way to store emails

for offline access, following the dilution of Chrome Apps.

 On the related note, Google said that its Gmail update will be
rolled out in the near future, while a message to an early access
program revealed that it would be available in the coming weeks,
according to this report.
 9
IDEA APPROVES MERGER WITH VODAFONE
INDIA, TO CREATE INDIA'S LARGEST TELCO
 Vodafone will own 45.1% in the combined entity
after transferring 4.9% to the promoters of Idea
Cellular for Rs. 38740 crore in cash post the
merger.

 Kumar Mangalam Birla owned Idea Cellular said its Board has
approved of a merger with Vodafone India and its wholly owned
subsidiary Vodafone India Mobile Services, which will create India's
largest mobile phone company.
 Vodafone will own 45.1% in the combined entity after
transferring 4.9% to the promoters of Idea Cellular for Rs 38740
crore in cash post the merger. Kumar Mangalam Birla and other
promoters of Idea Group will hold 26% and the rest will be
owned by the public, said the statement.

 The merger should be completed in 2018. Promoters of Idea and

Vodafone will have the right to nominate three directors each
 10
BIGGEST THREAT TO ‘MAKE IN INDIA’: CHINESE
CAPTURING INDIA’S AUTOMOTIVE SPACE
 In the most recent deal Chinese Automotive
sector acquired a 9.69 % stake in Daimler, the German automobile
major that has a strong presence in India.
 In 2005, China’s Qianjiang Group Co bought Italian bike maker
Benelli, and a few ears ago, the Chinese Group signed a joint
venture with Pune-based DSK Motowheel for selling Benelli bikes
in the country.

 Similarly, Chinese electric bus maker BYD is setting up plant in

India with an investment of Rs 200 Crore, partnering the
Hyderabad-based Gold Stone Group & Indian entity is called as
Goldstone Infratech.
 Goldstone Infratech recently supplied 25 electric buses to Himachal
Pradesh Transport. One bus costs at least Rs 2 crore and about 75%
of the components are now imported from China.

 BYD Company is one of the 500 enterprises with interest in

automobile. Earlier, it had supplied 12-metre low floor AC electric to
Chandigarh Transport

 SAIC Motor Corp (China’s largest automaker & General Motors (GM)
partner in China) has already started a fully-owned car company
locally, MG Motor India. SAIC is setting up a factory at Halol in
Gujarat with an investment of Rs 2000 Crore.

 The 1st SAIC product, an SUV, is expected to roll out in 2019.

SAIC sells more than 6.5 Million vehicles annually around the world