BATTLESHIP V2.0 – Survive Or Sink

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The Acumen Club, from the department of Management Studies, NHCE organized an intra-collegiate event BATTLESHIP v2.0. the event included 3 separate events melt, NIREEKSHAK that tested the marketing domain knowledge of participants; ARIHANTH that was finance based and VIKRANTH that was Human Resources based.
The event began with an inaugural ceremony at the MBA seminar hall where the Faculty coordinator addressed the participants and wished them good luck.
NIREEKSHAK:
Consisted of 3 rounds where participants had to come out with creativity to indulge in product development and design.
A total of 20+ teams participated.
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Judges: Porfessor Sunita and Porfessor Vinumon
Winners:     1st prize- Sheik Aasif Ahmad &  Praveen N – MBA
                      2nd prize- Meena E & Esha Yerramsetty – MBA
                      3rd prize- Mounika b & Vishnu B M – MBA
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ARIHANTH:
Consisted of 3 rounds where participants where put to rest on their political financial knowledge and their accuracy with financial concepts
25 teams participated in the event
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Judges: Porfessor Seshu
Winners:     1st prize- Anurag Basu & Birendra Kumar – B.com
                      2nd prize- Pooja Chavan & Aafiya Sidarth – Mba
                      3rd prize- Geevitha & Harshitha – MBA
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VIKRANTH :
Consisted of 3 rounds where the participants were tested on their ability to manage team members and display skills of organisational congnition
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judges: Professor Ramesh sir and Professor Hima
Winners: 1st prize- Sahil & Zaid – ME
                  2nd prize- Nagbhushan – Bibek sah – MBA
                  3rd prize- Kavyashree & Mohitha P- MBA
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The event concluded with a valedictory where the Head of the Department congratulated the winners and applauded the participants for putting up such a great performance. A total of 138 students from 6 departments  participated.
The vote of thanks was delivered by the President of the club, Shivani Thapliyal.
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AAROHAN 2018

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Date: March 9th 2018

 

Venue: Department of Management Studies, New Horizon College of Engineering

 

Acumen  Club, under the guidance of our Head of The Department Dr. Sheelan Misra and Faculty co-ordinator Tejas Vyas organised a one day event  ARROHAN- 2018 where  the team conducted three  events namely  : CHAKRAVYUH(finance), ADVAIYDA(marketing) and DRONA(human resource).

 

The event  began with the inaugural  ceremony where  the participants were addressed by the Head Of The Department, enlightening the purpose and benefit of the competition. She motivated the participants to display enthusiasm and optimism whilst participation.

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Teams from department of Computer Science Engineering, Mechanical Engineering, Automobile Engineering, Biotechnology, Electrical Engineering, Information  Sciences,  Masters of Computer Applications and Management and Commerce undergraduates had participated to make  this event  a great  success.

 

All the events were performed in teams of two. The three  events took place  simultaneously, below is a breif report  on each:

ADVAIYDA(marketing)

 

Judges: Professor Kerena Anand and Professor Vinumon

 

Consisting of two major rounds, Hastag and Spotlight.

 

Under Hashtag students had to come up with catchy taglines and jingles for the brands that were asked of them

 

In Spotlight, teams were asked to spot the flaws of randomly assigned products and come up with strategies to revive them  in the market.

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DRONA(human resource)

 

Judges: Professor Arun and Professor Shreeja

 

It totally consisted of four rounds

 

ROUND  I Do You Remember It consisted of  Aptitude questions

 

Round 2 Memorize Me Tests  the skill of memory

 

Round 3 Scramble Puzzle  Teams excelling at team work would come out winning in their round

 

Round 4 Role Play Paper presentation as a HR and situational analysis

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CHAKRAVYUH(finance)

 

Judges: Professor Seshu A and Professor Santosh

 

Consisted of two rounds:

 

Round 1 Stockmind Participants played virtual stock market on the app and competed against one another

 

Round 2 Quiz Questions testing general knowledge in the finance dwelling industries.

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Valedictory  ceremony was organised at 4:15 pm in the MBA Seminar Hall. Professor Tejas addressed the gathering and presented the report  for the event.

Dr. Sheelan Misra congratulated all the participants and coordinators for the success of the event.

 

Winners were felicitated by the dignitaries:

 

Winners of ADVAIYDA: Deepan and Madhan (MCA)

Winners of DRONA: Roger and Ajith (MBA)

Winners of CHAKRAVYUH: Annie Priyanka  and Rakesh (MBA)

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The ceremony was concluded with a vote of thanks by the President of Acumen  Club.

 

 

Economic Times

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Business Standard

Ø China’s oil giant CNPC signs $1.77 billion Abu Dhabi deal

Ø MF industry bets big on SIP to hit Rs 20-trillion AUM mark

Ø All might not be well for Dalal Street post Q3; nine lucky stocks to bet on

Ø Government mandates launch of CPSE IPOs within 22 weeks of concerned ministry’s nod

Ø Havells to buy Lloyd Consumer for Rs 1,600 cr

Ø Chandra walks into Tata corner room on Tuesday

Ø Don’t settle all trades in HDFC Bank, RBI tells custodians

Ø 65% of IT employees not retrainable: Capgemini India chief

Ø China suspends all coal imports from North Korea

Business Line

Mint

Ø PE investments decline to $652 mn in Jan: Thornton

Ø Gold imports shrink 32.7% in April-Jan

Ø Hero MotoCorp: Geared for a comeback

Ø Wind power installations may cross 5,000 MW this year

Ø Ratan Tata’s investment in start-ups rises 30 per cent in fiscal 2016

Ø HSBC, UBS stop issuing P-Notes as India steps up clampdown

Ø DLF to invest Rs3,500 crore in 2017 to complete running projects

Ø Paytm to invest Rs600 crore over 10 months to expand QR code payment system

Financial Express

Financial Chronicle

Ø Railway Minister Suresh Prabhu signs deal for India to commit $340 mn soft loans to Nepal for infra projects

Ø Top seven companies add Rs 48,519 crore in market capitalization

Ø SpaceX launches rocket from NASA pad in Florida, completes relanding

Ø Despite fall, GDP will bounce back sharply: RBI Governor

Ø AAI deprived Rs 2,397 cr by DIAL firms, says CAG

Ø Alibaba, Rakuten look to tap Indian e-commerce mart

Ø Patanjali wins tax exemption claims

Plan of Business Standard

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Business Standard

Ø Govt mulls new recapitalisation plan for PSBs

Ø Panel on doubling farmers’ income mulls major reforms

Ø Sebi defers decision on options launch by commexes

Ø Sebi to decide on Reliance settlement plea at ‘earliest’

Ø 20 Chinese cities to be hit by air pollution

Ø Posts offices can now do employment registration

Ø IPO aspirants look for clarity on capital gains tax

Ø Infosys changes norms for severance pay

Ø IMF chief Christine Lagarde ‘optimistic’ about US economy

Ø Sebi keeping close watch on Infosys developments

Ø All future foreign atomic reactors to be 1200 Mw and above: Govt

Ø Chidambaram asks FM to cut indirect taxes immediately

Business Line
Mint

Ø ‘Commodity market development needs focused regulatory push’

Ø RJio effect: Idea Cellular reports loss of Rs 478.9 cr in Q3

Ø Corporate bond trades hit record Rs 12 lakh cr in Apr-Jan

Ø Govt plans merger of commodity boards

Ø ONGC’s $2.4-bn Mozambique deal under Oil Ministry scanner

Ø January sees 3-fold rise in M&A deals: report

Ø Govt to come out with plan ‘Indradhanush 2.0’ for recapitalisation of banks

Ø Govt seeks data from industry to take up visa issue with US

Ø LIC buys additional 2% stake in Infosys

Ø Sebi says norms for stock exchanges poised for an overhaul

Ø Videocon Industries Q4 loss widens to Rs509.7 crore

Financial Express
Financial Chronicle

Ø RBS said to plan more than $1 bn of cost cuts as jobs pared

Ø Equity MF inflow at Rs 4,900-cr in Jan; Rs 55,700-cr in FY17

Ø Demonetisation: Economy to grow by 6-6.5 per cent, lower than CSO, RBI predictions, says P Chidambaram

Ø Residential sales down 20%, launches slip 8% in Q3 FY’17

Ø Reliance MF beats demonetisation blues; AUMup 25%

Ø IIP contracts 0.4% in Dec, durables worst hit

Ø Govt asks for data from industry on H1B visa row

Ø Firms owe Rs 7L cr in taxes, duties to govt

Ø Pesticides utility to be assessed every 10 yrs

Ø Govt may sell HZL stake worth Rs 39,300 cr via ETF

Finance Highlights

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Highlights of Union Budget 2017 – 2018

GST – No changes in service tax & excise duty as GST draft will be launching soon

Fiscal Deficit – Seen at 3.2% (17-18) & 3% (18-19)

Current Account Deficit – 0.3% (16-17) 1st Half

FDI Investments – 1.45 Lakh Crores (16-17) 1st Half

Direct Tax – Tax to GDP Ratio is very low
Income upto 2.5 Lakhs – Nil Tax
Income above 2.51 Lakhs to 5 Lakhs – Reduces to 5% Tax from 10%
Income above 50 Lakhs to 1 Crore – 10% surcharge

Farmer – Double their income in 5 years

Agriculture – 10 Lac Crores credit

MNREGA – Allocation 48,000 Crores

PM Gram Sadak Yojna – Allocation 19,000 Crores

Sr. Citizen – 8% guaranteed pension for 10yrs by LIC of India scheme

Rail Budget – 1.31 Lakh Crores, New Railway Line of 3500 kms, No service charge on IRCTC Ticket booking

Highway – 67,000 Crores for National Highways

Disinvestment – Continue through ETF’s and timely disinvestments of PSU’s,
Target 72500 Crores

Banking – 10,000 Crores to PSU banks for Recapitalisation, Double landing targets to Bank 2.44 Lac Crores, 2.44 Lac Crores under mudra scheme

Total Expenditure – Estimated at 21.47 Lac Crores

Defense Expenditure – 2.74 Lakh Crores excluding Pension

Long Term Capital Gain – For immovable property reduced to 2yrs from 3yrs

Income Tax – Companies turnover less than 50 Crores will pay 5% less tax, Effective rate 25%

Cash Transaction – No transaction over 3 lakes will be permitted in cash

Infra – Insurance company has to invest 25% in Infra bonds

DEMONETIZATION OF CURRENCY

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[su_quote]Ban on Rs500 and 1000 note was passed by RBI[/su_quote]

Article on Demonetization of Indian currency was distributed to the students of MBA Dept

in order to create awareness about the current happenings in the nation’s economy.

 

Ban on Rs500 and 1000 note was passed by RBI under the guidance of PM i.e Mr.Narendra

Modi. Demonetization of currency was done to stop the flow of fake currency in the country

and also to bring the black money back to the country.It is necessary to know the purpose

and idea behind the demonetization for management students.

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The article also contained ways through which the old notes can be exchanged to new 500

and 2000Rs notes in the bank.Students for noncommerce background also got an idea on how

the currency can be used to control the flow of fake currency and stop currency.It also

reflected the problems faced by the people of the country.

GUEST LECTURE ON STOCK TRADING

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Stock trading is buying and selling of shares.As commerce students, we need to have a concept of how the stock market works, how the shares are traded, etc.To bring awareness among students VITTA-FINVEZTO organized a session relating to the basics of stock till how the stocks are traded in the market.

Students were also given a live demo on how to trade.Students were also given an opportunity to trade shares live, it created interest in the students to trade.This lead to an opening of Demat account wherein Zerodha taught the students the basic knowledge of opening account, buying and selling of shares,brokerage, advantages of investing and also few tips on how to invest wisely.

Meeting : Future Plans

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