Internship Diaries #51

Vijay Kumar

ZeroWaste

ZeroWaste (ZW) is developing an accessible and convenient, technology enabled reverse supply chain for used and waste electronics. ZW manages collection to refurbishment and recycling with use of mobile and IT. Providing convenient ways, like implementing exchange programs at popular consumer electronics, to dispose waste electronics opens up the locked value in e-goods stored at homes or being transferred to unscientific and unorganized channels, creating potential hazard to environment. Electronics bought via home pickups and collection center drop-offs are then segregated, refurbished & sold through Seconds distribution channels or recycled through authorized e-waste recyclers. Technology is used to ensure that the supply chain is efficient.

Indian e-waste and used electronics market is around $11B today, growing at a rate more than 50%.

Co-founders Mr. Prateek and Mr. Sunil have been working together for past one and half year. Mr. Prateek Goel (B.Tech Computers) is Founder Partner in a successful Software venture Teramatrix. He heads business & product development. Mr. Sunil Saradhna (B. Tech Electronics, MBA Marketing) is Founder Partner at a Jewelry Retail Brand (SKJ). He heads operations at ZeroWaste.

Untrustworthy and random valuation methods by kabadiwalas and local repair centers. Selling e-waste to unauthorized vendors is illegal, but approach to authorized recyclers is inconvenient. Thus most of the obsolete electronics remain buried under layers of dust occupying precious space at home.

For end consumers, ZW offers convenient and simple valuation along with home pickup, drop-offs coupled with exchange programs. ZW pays instant cash for the goods bought.

For retailers, e-tailers and Electronics OEMs – ZW provides optimized reverse logistics channel to liquidate the customer returned, transit damaged and factory seconds goods. Experience the conditions and task was fulfilling to every extent.We had to work in a team with individual projects, its expectations, implementations and its deadlines.The work culture had “No Door Policy” with gave us all the freedom to explore, experiment, learn and create a model which could be immediately implemented in business. I hope I have done justice to the brand we all carry as the reverse logistic business model we suggested was taken to implementation stage with lots of positive feedback.

Internship Diaries #50

N Sri Chandra Sekhar

EKO Financial Services India Pvt. Ltd

I had done my internship at EKO Financial Services India Pvt. Ltd from 11th May to 7th June. It was an enriching experience as I learnt a lot about the payment systems, the way transactions happen between banks, merchants and customers and how the business is being handled at EKO. I also acquired a fair bit of knowledge on how prepaid payment instruments and money remittance work. The work culture at EKO was conducive for learning as interns get the opportunity to work on projects of their interest and mentors were always there to guide them. The following are the details of projects I worked on during my internship.

Project Name: Competition Mapping

A comprehensive analysis of four of EKO’s competitors (Oxigen, ITZ Cash, Suvidhaa and TSS) is done. Based on our meetings with the competition’s agents and distributors, different aspects of their business like cash remittance process, distribution model, agent/distributor on-boarding process, e-money flow and support extended to their agents were elucidated. Special attention has been given to the pricing of competitors from market, agent and customer’s perspective across all remittance slabs. This is useful in making the pricing of EKO competitive to the market pricing.

Project Name: E-money v/s Target Analysis

Taking the daily reports of April’15 and May’15, the E-money at different times of a day (8am, 12pm, 4pm, 8pm and 11:59pm) are studied for the days the targets are met and the days targets are not met. This study has given insight into the pattern of E-money (as a percentage of targets) on a particular day for the target to be met. Depending on the observations of the analysis, it is opined that it will be beneficial to provide e-money on credit early in the day and collect it back in the evening. However, care has to be taken to see that this credit serves its intended purpose of minimizing the loss of business at the e-money starved CSPs.

Project Name: Impact of new commissions (PPI) on profitability

With EKO introducing a PPI of its own, there has been a change in the commission structure and hence the profitability. The commissions for the month of May’15 (based on new commission structure) have been calculated for Mumbai and Rest of India. This included the CSP rupee Commission, SCSP rupee Commission, Gross and net fee, Gross and net margins. The direct and indirect costs were approximated and the break-even revenue and volume of transactions have been estimated.

I also worked on an idea of business development of utilizing the data on customer base of Eko to develop a credit rating system based on their transaction history and on how strategic partnerships can be formed with financial organisations to facilitate money on credit to customers. A presentation on the same was given to the top management of the company.

Internship Diaries #49

Shreyash Borad

Bank of India

I worked on a project ‘Market survey for clean loans to working professionals’ during my summer internship at Bank of India. This is the new financial product the Bank wishes to introduce into the market so that they wanted to survey market for possible requirements of the clients. These loans are without any collateral and given to credible working professionals like doctors, charted accountants, etc. whose income are steady and sustainable. 

I worked under guidance of Mr. Motwani, customer relationship manager. I learned a lot from my internship regarding current trends in financial markets. It was a good experience to have. 

Internship Diaries #48

Parth Malik 

HDFC Bank Ltd.

My summer internship at HDFC Bank corporate office in Mumbai was a great learning experience. My project there was process mapping and streamlining of SAP processes and HR operations of the Bank which involved application of six sigma and lean methodology.

HDFC Bank is rated as the most valuable brand of India and among the top 100 brands of the world. On the first day of the internship itself, I was briefed about the project and what was expected from me. My work required a combination of application of concepts while mapping process and also creativity as I had to come up with new ideas and suggestions for the purpose of streamlining the processes. Everything that I suggested during my weekly presentations was discussed in detail by the team and feasibility was judged. I had to strictly follow a data driven approach and also learned about the cost and time saving aspect of every change in a process. The suggestions that I presented had live implementation which was exciting.

The guidance from my mentor who is an alumnus of DoMS IIT Roorkee and support from the team at HDFC proved to be essential for successful completion of my internship. The hands on experience and the knowledge that I gained during my internship would go a long way in helping me shape my career. 

Internship Diaries #47

Sandeep Yadav

Chrysal Technosysts Ventures Pvt. Ltd.

I had the opportunity to work at Crysal Technosysts Ventures Pvt. Ltd.  which is a start-up set up in 2013. The company is from the ITeS sector and basically provides IT enabled HR solutions to industries. My role during the internship at Chrysal was of market research and lead generation in the Delhi NCR region.

Roles and Responsibilities:

• B2B Corporate sales
• Lead generation and update on CRM tool
• Business Development
• Market Research on different verticals

Major work involved ‘generating leads’ for their flagship product Abscontrack and other products as well in the B2B segment through various mediums viz. telephone, meetings, social media etc. This being my first experience at sales, the job seemed a little challenging initially and took me a couple of weeks to adapt to but later with the support and guidance of my mentor and colleagues I started to enjoy it. We used various mediums for lead generation like cold calling, linked In contacts and also walk-ins in the hot summer days but at the end it was all worth it. I also got the opportunity to interact with a number of prospective clients and pitch to them the concept of the products offered by Chrysal. 

My work at Chrysal also included market Research where in I had to analyze the response and acceptance ratio of various industries towards the concept of Abscontrack. I really enjoyed my internship duration at Crysal Technosysts Ventures Pvt. Ltd. and feel that everyone should experience sales once in their marketing careers as it gives a platform to develop numerous skills enabling you to understand the customer sentiment.  

Internship Diaries #46

Vaibhav Agarwal

Reserve Bank of India

I got an opportunity to do my internship from Reserve Bank of India, Lucknow. The Reserve Bank of India is the central bank of India, which controls the monetary policy of the country thereby controlling the supply of money and ensuring price stability. I was offered to choose a topic of my liking from a vast array of topics including financial inclusion, corporate debt, deepening of financial markets in India, Non-performing assets, foreign direct investment etc. 

Considering the impetus of the present government on the make in India initiative and the trillion dollar requirement of the infrastructure sector, the current environment called for a more focused approach towards improving foreign direct investment in the country and thus my topic of research for my internship was FDI in Emerging Market Economies: Determinants and Impact. Nine countries were identified as the Emerging market economies for this research work including BRICS countries along with Malaysia, Thailand, South Korea and Indonesia. Secondary data was collected from websites such as World Bank, IMF, DIPP and various government websites. The focus was on determining the factors responsible for FDI Inflows in India. Various factors were identified and a conclusive regression analysis was conducted to statistically establish there relevance to FDI inflows in the country. Also, Foreign Direct investment inflows in India were compared to corresponding inflows in other countries. Scope of further FDI inflow in India was established and it was seen that India is better poised as compared to other Emerging market economies to receive future FDI inflows. Also, using statistical analysis and past data, we tried to establish the future Inflows in India. As part of my final presentation, I got to submit my research findings to my mentor and also I got to give a power point presentation in the presence of the Regional director of Reserve bank of India, Lucknow.

As part of my internship, I got to work closely with some of the brilliant minds in the organization. These are the people who are largely responsible for steering the current economic and monetary direction of India. The insights I got into the macro economic factors that go into deciding the monetary direction of the country was a great learning experience. RBI has a great working culture where people are supportive of each other and always encourage a free flow of ideas. People there are always happy to share the immense knowledge base that they have developed over the years. Working in Reserve bank of India was without any doubt one of the best experience of my life.

Internship Diaries #45

Varun Yadav

Cashkaro

E-commerce was an enticing word for me since the very beginning because the way it disrupted conventional market of buying and selling is revolutionary. After having an experience of 30 months in TCS, I wanted to work in some startup, having business in the same domain. Luckily I got this opportunity through cashkaro.com which is a India's No.1 Cashback and Coupons website. Cashkaro helps their members save on their regular online purchases at leading Indian and International Brands. Cashback and Coupon partners include your favourite brands like Myntra, Amazon, Snapdeal, Flipkart, Jabong and 500 more. I worked in cashkaro as an Intern for two months. Where I got to know the key challenges that a company faces in its early phase of life and various other aspects like how analytics, public relations and customer support are helping companies to develop an ecosystem for themselves.

I was working in Analytics department of cashkaro. My key responsibilities were

•  Automation of reports using R environment and language

•  Developing price comparison strategy for different categories of e-commerce

•  Generating and analysing Insights using Google Analytics

As I had an inclination towards analytics and big data. So I learned R during my MBA first year, as it was needed to do market research and other related analysis in different academic projects. I used R to automate the weekly and monthly reports. I was also actively involved in generating and analysing insights using google analytics tool. Which gave me quite good knowledge of e-commerce industry and how customer behaviour and their buying patterns vary with offers and discounts. Price comparison was another key area in which I was working. In price comparison, you can compare price of product across different websites and it gives you the best deal along with other available options. Which is quite unique feature and incorporates different-2 algorithms to compare products and give you the best deal.

My experience in cashkaro was really good, work culture is conducive for new ideas, innovative solutions. Being a startup it focuses on healthy work environment among employees and inculcating teamwork spirit. So I must say cashkaro helped me to understand e-commerce sector and various tools, technologies and latest developments. People say there is nothing like free lunch and the best part is you get free lunch in cashkaro.

  

Internship Diaries #44

Varun Chauhan
Toshniwal Equity Services

I did my internship with Toshniwal Equity Services which is a stock broking and investment consulting firm located right in the heart of Dalal Street and Bombay Stock Exchange. Internship started with a lot of expectations from our mentor and CEO of the company Mr. Jay Toshniwal. We were expected to work not only on financial aspects but also consult on minor but vital aspects of the company like operations and marketing.

The title of our project was Financial Statement analysis and Stock price movements. First week started with through learning of broking operations. In this we learned about how the flow of information/order happens from a retail customer to other retail customer via exchange and vice versa. We were amazed to know the robustness and fool proof check measures enforced by sebi and exchanges. Also we got to know deeper insights into the stock markets. 

We always reckoned BSE to be bigger than NSE but actually the position was reverse. In the second week financial aspects of our project started, we understood technical and fundamental analysis of equities. We did our technical analysis on Technical Analysis Software. Many other software are available in the market which provide technical analysis. We were required to make algorithms so that best scrips (stocks) can be retrieved and transaction can be executed on basis of these calls. Fundamental analysis was done of cement sector which included 6 major cement companies of India including ACC, Ambuja, Birla, Heidelberg and Ultratech. Additionally we worked on understanding the management discussions and their interpretation in financial terms. 

We also gained experience on core corporate operations of the company by attending Annual General Meetings of Reliance and Hindustan Unilever in subsequent weeks. Our next task was analysis of Nifty Junior, Nifty 200 and Nifty from Feb ’15 to July’15 and to come out with stocks which were resistant to such fluctuations. We also worked on updating client portfolios on moneycontrol.com which was an arduous task but this was also successfully updated by us. Our last assignment was revamping the website of the company, which included coordinating with the vendor on all aspects of the website including content and design. The website was successfully revamped with full email access services running all over the company. We also shared our knowledge on how technology can be used to further improve the core operations of the company. This was my internship experience.

Internship Diaries #43

Swastik Gaurav Drona

EKO, Gurgaon

Serendipity it was when I was selected for my summer internship at EKO in Gurgaon. The excitement of first work experience in a corporate world was at its high since the final list of shortlisted names for the internship at EKO had my name. It was time for me to leave my cocoon and explore the plethora of opportunities of the corporate world.

The most difficult task even before the internship had started was to find a place to live in Gurgaon, being one of the most expensive cities and us being students it was a hard nut to crack. Thanks to the online renting portals such as housing.com which provided us with lots of contacts of the brokers which finally led us to a good place to rest our backs.

Then came the most awaited day, the first day of our internship. We properly dressed in formals reached the sharp 9 in the morning. The office interiors were amazing, it was literally beyond our expectations. All the green plants had proper place in the office, bean bags lying around, dart game hanging in middle of the office, white boards all having some data, small tasks and big targets, an eye catching CCD coffee maker and for coffee lover like me it could be the best thing.

We were asked to sit in a separate cabin which was looking very appealing as each cubical was beautifully decorated with the personal interests of the employees. Then came a sparkling smile to end our wait and I mean it, it was worth waiting as the company’s HR manager Miss Pooja entered the room we all greeted her good morning ma’am, but we saw some unexpected expression on her face, all of us were perplexed, she noticed it and then we were explained there is no sir or ma’am culture at EKO and gradually with her personal experience at EKO and HR skills she charmed us with the beautiful experience she had working at EKO.

The next day we were assigned the projects and fortunately I got the operation’s project with my batch mate as a team member. The project was to define a new age customer experience and define a superlative channel for the E-value process. The projects sounded interesting and gradually working under Mr. Deepak Singhal our mentor and simultaneously with Mrs. Mugdha Bhargawa it felt like working in a homely environment. Our mentors were extremely supportive both professionally as well as in personal life. Their was no time boundation as well as attire code for us which created a very comfortable working environment for us.

Till now it was just the silence before the storm which was followed by turbulence of work pressure of study and analysis of the company data. When you sit on huge chunk of data either you ruin the opportunity to extract diamonds or you end by satisfied with some silver. With help of both our mentors and the whole operations team which was extremely cooperative as well, we at least managed to extract gold i.e. gave some fruitful results of the data analysis. It was followed by meetings with our highest business providers and customer care center of EKO where we tried to drill to depths of customer issues. The trust which our mentors showed in us motivated us to do better and better with course of time.

Time just flew by in the two months of internship and at last it came to an end. But wait it was not over yet the last week of ours was booked for parties and I mean ample of wonderful parties by EKO. It was a wonderful experience and I would recommend the coming students to give it a try at EKO and I assure you will not be disappointed. 

Internship Diaries #42

Raghvi Kumar

Middle Earth HR

Since the day I joined MBA, my aim was to make a remarkable carrier in field of Human Resource and my dream got its way through a remarkable internship at Middle Earth HR. This company was found by alumnus of IIT Roorkee. This company has 30 bases in 7 different countries, and is headquartered in Hyderabad. It offers numerous HR certification courses for professionals to increase their competencies and provides HR consultancy to other companies. My role here was – “Product Development for a Certified HR Analyst”. 

My work included Market Research, gaining insights into trends, customer requirement and analysing the present course wares. After an exhaustive research I came up with few findings which were implemented. Then my work included studying courses on HR analytics and preparing a full 2  day courseware on HR analytics for Middle Earth HR, which included a 350 slide presentation and 250 page word document. 

My work in middle earth will be going live this October, as they are launching new program for certified HR Analyst. I was awarded with GREAT/BEST Project award for doing this work. Company culture was good and people were dynamic. Hence it was a good experience working at Middle Earth HR. It was a true learning experience.

Internship Diaries #41

Prachi Jain

American Express

I did summer internship in American Express which is best known for its credit card, charge card, and traveler's cheque businesses. I interned in Global Merchant Services (GMS) department which is mainly into acquiring merchants, processing transactions, and helping merchants who accept the card to build business. The on boarding and induction program was very well planned which eventually helped us a lot. As part of the induction, a brief overview of the assigned project was given and a mentor was assigned who guided us throughout our internship. For the first 2 days, we had sessions with the senior leaders talking to us about the history and also about the different functions of the company. Thereafter we were given training sessions on card economics and an overview of different departments. 

It was then I realized that so much work goes into deciding the outcome of simple transactions and how deeply the organization is focused on giving the best experience to its card users. As a summer intern at American Express, we were encouraged to push ourselves, generate new ideas and take calculated risks. My key learning includes understanding end-to-end customer relationship management, gaining an overall idea of Merchant acquisition Cycle and hands-on experience of how to analyze and improve a process. 

Internship Diaries #25

Abhimanyu Tomar

Otis Education Consultancy Private Ltd.

Market Research on Training Practices in Manufacturing & IT sector companies.

My internship project was on training practices in Manufacturing Industry. Training methodologies are playing very crucial role in today’s world of cut throat competition. Now a days each and every organization are focusing more on increasing operating efficiency because by doing so they will earn more profit margins. The skilled work force is pre- requisite for increasing operating efficiency. Big companies are paying more attention to their training activities as training is required to transform a workforce into skilled workforce. The purpose of my project was to find out the list of companies which are providing Microsoft excel training to their employees to improve their skills. I have to do market research on manufacturing sector companies. After this I have to generate a lead for my company as my company is providing training to Corporate and Management colleges.

Otis Education Consultancy is an IIM Ahmedabad alumni venture started in 2012. This company is located in Gurgaon. This company was started by Mr. Aman Vig and Mr. Tarun Hathila. Mr. Aman and Mr. Tarun have done their graduation from Delhi College of engineering and IIT Roorkee respectively. Mr. Aman has 4 years of work experience in SAP Labs. Both of them have completed their Post graduation from IIM Ahmedabad. This company has around 8 employees and 3 of them operate virtually from different parts of the country.

This company provides various types of training to Corporate and Management colleges. It includes Excel training, SPSS training and training of other Business Automation tools. The major chunk of their revenue comes from excel training and also a meager portion of revenue comes from consulting service that they provide to corporate on the basis of Min.hour system. The list of their clients includes Capgemini, Apaar Industry, Aarti Industry, Punjab University, Meerut University and other management colleges of Ahmedabad.

Internship Diaries #24

Vinay Kumar

KPMG, Gurgaon

I had the wonderful opportunity to pursue my Summer Internship at KPMG Gurgaon. Getting a chance to work for such a reputed company, which is consistently featured in “Best companies to work for” lists, was certainly exciting to me.

I did my internship in the Business Excellence Department of Management Consulting Division of KPMG. My major project was about performing Market Research to find out the applicability of Lean Six Sigma (LSS) in Supply Chain Management (SCM) domain. My key responsibilities included contacting the L&D department companies in NCR on daily basis to understand the applicability of LSS in their supply chain operations, preparing the PowerPoint presentations, to be used for pitching the companies for proposing the benefits of LSS in their SCM operations and Researching & Analyzing the LSS case studies/success stories for the same. In addition to that, I also contributed in organizing LSS workshops in KPMG Gurgaon and Noida offices, going for business development meetings with the Regional Head, Six Sigma North and maintaining database of the companies for fixing the meetings with Regional Head, Six Sigma North.

Work environment at KPMG Gurgaon was impressive. Sense of professionalism prevailed everywhere. Everything was simply perfect. People over there were experts in true sense. They were skilled, proficient and qualified to do whatever they were doing. My mentor was super-cool and the team mates were very friendly and candid. Besides work, we all used to go out to have lunch together. In addition to that, the office had a massive cafeteria which served everything from Costa Coffee to bhelpuri, fruit salads to buffets and even South Indian delicacies. With DLF Cyber Hub, (a place crowded with a lot of pubs, bars, restaurants and even Hard Rock Café), being just walking distance from the office and Ambience Mall a few kilometers away, trust me, there’s no chance you’ll get bored there.

Being one of the best consulting firms in the world, KPMG offers you tremendous opportunities to develop, learn and enhance your skills. The firm offers you with a fun and comfortable workplace which motivates you to give your 100 percent. Through the projects, my data analysis skills were strengthened. I learnt how to use advanced functions of Excel and PowerPoint to analyze large amounts of data and provide relevant output. Furthermore, I strengthened my business communication skills and also developed the ability to be clear and concise while communicating in a professional environment. The management was supportive and very motivating which helped me as an intern to understand and face the challenges. I have learned to be accountable, responsible and flexible.

All in all, it was an enriching and rewarding experience interning at KPMG. I learnt a lot of exciting new things, and at the same time got to meet interesting people who were knowledgeable, dedicated and humble.

Anushruti & DoMS, IITR Celebrating “The Deaf Awareness Week”

Objective

Education is not just about jobs, it is about giving back to the society. The society, being the harbinger of the cultural treasure and of the social harmony is always ready with it’s both hands open to offer what it can and in return it expects nothing but simple acknowledgement, that too, in the form of ‘Love’.

One such opportunity presented itself at the doorsteps of Department of Management Studies, IIT Roorkee. The event was ‘Deaf Awareness Week 2015’. This event mixed with social cooperation and love, gave students a chance to experience insights from the children of the Anushruti and spread smiles.

The event which is a flagship event by Department of Management Studies had, in the past contributed effectively for the benefits of the school. And such events exhibits social cooperation between the two sections of the same society that continue to be the same though differed by a misnomer of the ‘ability’.The ‘Department of Management Studies, IIT Roorkee’, through the efforts of Dr. M. K. Barua and the MBA students from first and second year redefined ‘Awareness’; Awareness, not just about the differently able kids that study at ‘Anushruti’ but about the meaning of ‘Sharing’ and ‘Acknowledging’ as a whole, which was their sole motto and objective.

The motto was to let the ‘giving spirit’ spread like a virus, infinitely touching the lives of people we may never meet, across boundaries we may never cross, in ways we may never imagine. That is the power of giving and our ticket to changing the world.

Anushruti (Roorkee School for Deaf)

How many times does it so happen that you are in a place where you are out of place and still the joy inside you is unprecedented? Your apprehensions, anxieties and sympathies lock themselves down inside your hearts, for the life that you witness in the people and place that you are. One such place is Anushruti.

On November 11, 1989, IIT Roorkee (erstwhile University of Roorkee) established the Roorkee School for the Deaf in its campus as its Social Initiative. Now renamed as ‘Anushruti’, the Roorkee School for the Deaf was founded by Prof. S. C. Handa, the professor at the Department of Civil Engineering of the Indian Institute of Technology (Roorkee) then, the University of Roorkee, as the Roorkee School for Deaf. It started operations with Mrs. Handa being the first president and their son being the first student. From there it has been a long and beautiful journey, as today it is the second home to a total of one hundred students under the principal Mrs. Parvati Pandey under the president ship of Mrs. Anusuya Banerji, wife of Prof. P. Banerji (Director IIT Roorkee).

The main objective of the school has been to impart special education to the handicapped deaf children on modern and scientific lines. From humble beginning about 21 years ago, Anushruti has grown into a fully-fledged 10+2 school for the education of Deaf Children. In addition to normal speech and auditory training equipment, the school has the latest Computer Aided Speech Development System. Along with normal education, the school students are also given Vocational Training in about 7 different areas. The ultimate aim of the school is to make every child self-dependent in life having learnt all independent Living Skills before he/she leaves the portal of the school. The school motivates IIT Roorkee students / faculty to undertake research on the development of latest technologies to develop assertive devices and other educational teaching aids, various software's, teaching learning material and appliances to help educate and train deaf children.

The school is being run as a research based, and Community Based Model wherein the funds are raised from within the Society consisting of friends, relatives, industrialists, organizations to impart Quality Education and training to the deaf children. Currently the school has around 100 students from Roorkee and nearby towns.

In addition to everything else, school is currently providing free Diagnostic, Audiometric and Speech Therapy Facilities to the Community as ‘Service to the Society’. More than 4000 people so far have been counseled, tested and treated. 

About BHOR: “Sound from silence”

BHOR, is a social awakening initiative to bring smiles in the lives of students of Anushruti. Started by the Department of Management Studies, this aims in mutual collaboration between students of DoMS and students of Anushruti. This helps in better understanding the lives of these students, so that a social awakening can happen in the minds of the future corporate leaders. Every year in the deaf awareness week, students of DoMS go to Anushruti, interact with the students and participate with them in the cultural events. This mutual understanding helps both parties to learn more and is a small step in making this world a better place to live.

Details of the Event

Date: 06/10/2015

Lightening of Lamp

The day started with volunteers arriving at multi - purpose hall of the Anushruti School at Indian Institute of Technology, Roorkee. Volunteers had transformed the multi – purpose hall in a beautifully designed hall, for the event which is very close to our heart. After gathering of audience and parents of students, the event started with lightening the lamp by the chief guest Capt. D.P Singh (Secretary, Ex-Army Association) and Principal Mrs. Parvati Pandey. After the lamp was lit, it was time for the students of Anushruti to showcase their cultural performance.

Cultural Events

The cultural events displayed a lot more than that was visible to the normal eyes. They spoke of not the profound talent of the children but of their special grasping power with which they could perform a number of stage art forms raging from Dancing to Dramatics to Mime. The hard work of the children and their trainer (Students from DoMS) was admirable. The entertaining performances saw the kids aging 5 to 17 years showcasing their talents in front of the audience that never for a moment stopped the applaud. This year with various groups performing dance, it seemed like a colourful blur in the participants’ appearances. Other events included ecstatic skit on ‘Problem faced by specially abled persons at the workplace’, a comic performance of mime on ‘Excessive use of mobile’ and in the end, a fabulous fashion show showcasing summer collection. 

Address by the Chief Guest

Chief guest Capt. D.P Singh begins his address with an inspirational quote on beauty of childhood. He praised the efforts of whole staff of Anushruti in order to provide quality education to the differently abled students. He told about the pathetic condition of children in war prone areas, and contrasted the same with cheerful faces in Anushruti. Capt. D.P Singh also appreciated the Corporate Social Responsibility of IIT Roorkee for having such a heart touching initiative inside the campus. One could almost feel the satisfaction on his face after visiting Anushruti and meeting such talented kids.

  

Vote of Thanks

Principal Mrs. Parvati Pandey presented the vote of thanks. She thanked everyone present and wished that more people should continue to support these children in their quest to find their rightful place in the world. She stressed on the mutual collaboration of Department of Management Studies and Anushruti and asserted that it is pride of the department that it has been associated with Anushruti School since its inception. Mrs. Pandey acknowledges the children, their parents and teachers, the guests, and the student volunteers for their support in making BHOR a grand success. With promises to see a more harmonious interaction in the future ahead with Anushruti, the event ended with serving of cold-drink and snacks.

Cold-drinks & Snacks

After the event, cold-drinks and snacks organized by the students of DoMS were served to the entire audience which gave them a chance to interact with the parents and guardians on a personal level. They gave a great thumb up to the efforts of the students of DoMS, and hoped that they would continue to be a great sport in organizing and coordinating these types of events. The snacks ended but the hunger for more incite knowledge and the desire for sharing was never satisfied, as the interactions continued till the time permitted. All that was heard was the ‘Completeness’ and ‘Accomplishment’ of the ‘Deaf Awareness Week’ 2015 by the DoMS, IIT Roorkee in its true sense-giving back to the society.

   

Games and Competition

The students of Anushruti are children with blossomed hearts. They participated in Rangoli competition which was organized by students of DoMS. These enthusiasts participated with utmost efforts and full dedication. It was a grand success with almost every one participating. Since participation is all that counts. In the end, winners were awarded with prizes.

“ I can't change the direction of the wind, but I can  adjust my sails to always reach  my destination.” - Jimmy Dean

Team Details

Faculty in Charge: Prof. M. K. Barua

BHOR Volunteers (2nd year):

Azim Najam                                                                                     Nikita Batra

  

  Sanjo Jose                                                                                         Maqbool Ahsan

BHOR Volunteers (1st year):

Rupayan Roy	Trishik Das	Leon Bhuyan
Arpit Aggarwal	Harmandeep Kaur	Sushumna
Lehar Kothari	Ashish Khagta	Kavish Biyani
Anirudh Jain	Bhaskar Ballabh Saikia	Suresh Chandran V
Parampreet Singh	Dhruvdeep Bishnoi	Jatin Dhawan
Nitesh Kumar Singh	Deepak Gupta	Kartik Chauhan
Sheena Lalwani	Vishnu Rajoriya	Arnab Mukherjee
Shruti Sarkar	Mihir Raste	Apurv Modi
Sumitava Roy	Shubham Shukla	Arush Jain

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SHRUTI SARKAR M.B.A (1^st year)

Internship Diaries #22

Mohana Bhattacharyay

Amazon India

“You got an opportunity to make a dream become a reality - and when you do, you just got to take advantage of it.”-Eric Thomas.

Working in one of the world’s largest brands, my internship at Amazon India was nothing short of a dream come true. The pace of e-Commerce in India has started picking up. With the online buyer penetration being less than 2%, the Indian e-commerce industry is still at a nascent stage. Growing at a CAGR of 34% since 2009, this sector displays a lot of demand-side potential. Amazon India has thousands of sellers listed on the platform and with the growing business volume, it is imperative to launch still more. With increasing number of sellers on-boarded, it is important to find effective and scalable solutions to proactively engage them.

My project involved the implementation of a social media engagement program for third party sellers. After exploring several options available to achieve seller-to-Amazon, Amazon-to-seller and seller-to-seller engagement with a qualitative study, supported by data from market research of my target customers, a specific platform was selected. Within two weeks of my internship, a closed pilot with around 400 marketplace sellers was launched that enabled them to interact with each other and with Amazon India in order to understand our processes better, share information, tips, experiences and best practices, and resolve their queries through continuous social engagement. All of this finally added up to the formation of personalized networks amongst the sellers of the Amazon family and ultimately, an enhanced seller experience.

With the project, I did not limit myself to seller engagement but also explored social media marketing of seller-facing products and services. Moreover, the platform has the potential to facilitate a faster, smoother and a hassle free “Go-Live” experience for the newly registered sellers by lowering the registration-to-launch time period, and thus, increasing the launch efficiency. To tangibly test the outcomes from the pilot, I also developed a number of metrics that would help measure the effectiveness of the platform and quantify the same in terms of the desired results.

At Amazon, our vision is to be Earth's most customer centric company and the results of the pilot suggested that the proposed platform, with close and careful monitoring has the potential for driving value for our customers. The best part of this internship project was that I got to interact with all the seller-facing teams starting from business development to account management to logistics, product development, online and offline marketing and even mobile app development. The extremely flexible work culture, the open door policy and the grandeur of the country head-office in the premises of the World Trade Center, Bangalore, left me absolutely mesmerized.  Despite being the largest online retailer of the world, Amazon India still functions like a start-up. It is still “Day 1” and there is relentless focus on using our investments in technology and innovation to transform the lives of our customers, our sellers and all our partners. From a summer internship, I couldn’t have asked for more!

Internship Diaries #21

Shavy Bhardwaj

Fairwealth Securities Pvt Ltd.

My summer internship was at FairWealth Securities Ltd, Gurgaon which is a Broking arm of the Fairwealth Group and offers Personalized Broking services to its Institutional, Corporate and Individual clients. It was a valuable experience working in the risk management department of a Broking firm as I got to know how risk is managed in a company which has its operations revolving around the volatile stock market hence accompanying a lot of risk. I worked on the project “Risk Management in a stock Broking Firm”. I also had the opportunity to work in the accounts department where I had to manage the pay-in and pay-out of the clients. 

Fairwealth also has its business in Commodity Broking, Real Estate, Insurance Broking, Financial Services and Tours and Travels. I was lucky enough to have two mentors, who were always ready to provide a helping hand and motivated me and I got a lot to learn from them. I worked with my mentor on a project of Fairwealth Housing Pvt Ltd in which we had to project the financials of the ongoing housing project in Bhiwadi. I also worked with the CRM department of Fairwealth Housing in which I had to check the records and requirements of various customers and accordingly service them. I also had an exposure to the legal and compliance department which was under the company secretary and I could even sit with her sometimes and gain knowledge from her. I also got to learn about how the KYC (Account opening) section of the company works to open the Demat and Trading accounts of the clients. 

All the employees were so obliging and always available to answer my queries. So, being at the head office I could explore all the departments and interact with the employees and this helped me comprehend the basic operations of a Stock Broking company and provided me much practical exposure.

Internship Diaries #20

Menka

Nsimpl Infolabs LLP  

Nsimpl Infolabs LLP offered me an opportunity to work in business development, market research and sales domain during my summer internship. Nsimple has launched a product ‘nTrackr’  which helps the hotels to enhance guest experience and revenue as well with the help of a Mobile Guest App. It also helps them to manage and track their workforce in a more efficient manner by keeping all stakeholders in a loop via real-time communication.

My internship was all about business development, market research and sales. Our target customers were 3, 4 and 5 star hotels. My work was to fix meetings with GMs of different hotels. After that, during meeting I used to brief about nTrackr and how it will help them to increases their guest experience and overall efficiency. Before going to the meeting I had to do a lot of research about the hotel and the GM so that I could talk to him in his reference and another benefit was that I could easily answer their doubts and queries effectively.

During the implementation phase I had to understand the complete work flow of hotels so that we may help them to use the system seamlessly. I had to do follow up with each and every person on a regular basis to ensure that system is helping them to reduce their mundane tasks. It was a great pride in itself to meet sophisticated managers of 4 or 5 star hotels which bestowed a lot to my personality and boosted my confidence. Knowledge sharing and feedback sessions by our founder (Mudit Khandelwal, a dynamic personality) summed up a lot to my knowledge. Overall internship was a great learning experience.

Internship Diaries #19

Naveen Kumar

Chrysal Technosysts Ventures Pvt. Ltd.

I had the opportunity to work at Chrysal Technosysts Ventures Pvt. Ltd.  which is a start-up set up in 2013. The company is from the ITeS sector and basically provides IT enabled HR solutions to industries. 

My role during the internship at Chrysal was of market research and lead generation in the NCR region. My major work involved ‘generating leads’ for their flagship product Abscontrack and other products, as well as, in the B2B segment through various mediums viz. telephone, meetings, social media etc. This being my first experience at sales, the job seemed a little challenging initially and took me a couple of weeks to adapt to, but later with the support and guidance of my mentor and colleagues I started to enjoy it. 

We used various mediums for lead generation like cold calling, linked In contacts and also walk-ins in the hot summer days but at the end it was all worth it. I also got the opportunity to interact with a number of prospective clients and pitch to them the concept of the products offered by Chrysal. My work at Chrysal also included market Research where in I had to analyze the response and acceptance ratio of various industries towards the concept of Abscontrack. I really enjoyed my internship duration at Chrysal Technosysts Ventures Pvt. Ltd. and feel that everyone should experience sales once in their marketing careers as it gives a platform to develop numerous skills enabling you to understand the customer sentiment.