HR Conclave’ 18

HR Conclave’18, the annual HR panel discussion event of SIMSREE, was conducted on 1st November, 2018, at a scale larger than ever before. HR managers from companies spanning across various sectors participated in the discussion. The discussion centred around the theme – “Future Blueprint of Human Capital” and was moderated by Mr. Aniruddha Khekale (Group HR Head, Emerson Automation Solutions). The panel consisted of some eminent speakers like Mr. Shourya Chakravarty (CHRO, Aptech), Mr. Dhruv Anand (Associate VP HR, Laqshya Media Group), Ms. Heather Saville Gupta (Group HR Director, MullenLowe Lintas Group) and Mr. Pradeep Dasan (VP & Head of Talent Acquisition, Nayara Energy) who shared their insights and presented their viewpoints on topics vital gig economy and people analytics which are relatively new to the HR domain but are changing the entire course of HR planning.

Keeping with the tradition at SIMSREE, the event started with the Saraswati Vandana, followed by an enlightening speech by Dr. Sangeeta Pandit, who laid the foundation for the panel discussion. The panel members shared some excellent views on how technology is playing the role of a facilitator and not of a disruptor, the way in which workplaces are changing and what the future holds in store for budding managers like us. The panel discussion was followed by the Q&A session where students asked apropos questions to the panel and gained further insights into the topic.

The panel discussion ended with the Director’s speech, where Dr. Manoj Bhide, applauded the Corporate Relations Committee for successfully pulling off an event of this stature and also appreciated the learning derived which will be beneficial for the students in the future.

A Session on Value Investing

The students of SIMSREE had the opportunity of interacting with Mr. Rajeev Thakkar, CIO and Director, PPFAS (Parag Parikh Financial Advisory Services Ltd.) Mutual Funds, in a Corporate Connect session, organised by the Corporate Relations Committee, at his office on 5th October, 2018. The session, which was fairly interactive and beneficial to the students, delved mainly in the subject of value investing, while shedding some light on several factors to look out for while making investments, while simultaneously explaining the work done at PPFAS, which revolved primarily around value investing.

What is value investing? It is an investment strategy which involves the selection of certain stocks, that trade for values that are less than their intrinsic values. The reason for choosing such stocks is the belief that they have been undervalued by the market.

A few of the factors that Mr. Rajeev revealed, to look out for, while investing in a company were:

  • Leadership competence
  • Management efficiency
  • Debt-equity ratio
  • Leveraging multiple
  • Intrinsic value

Among the aforementioned factors, special focus was given on the management of the firm, and its intrinsic value. Mr. Rajeev ascertained that the stock market was a function heavily reliant on the market sentiment and advised to look beyond the myths or obstacles that usually cloud an investor’s judgement. For this reason, calculation of the intrinsic value plays an instrumental part while carrying out any value investment. The aspect of management efficiency was also drawn, which primarily involved determining the nature of the management, through their relationships with investors and customers.

Mr. Rajeev gave his insights on the current investment scenario in our country, and what could be done differently for us to boost ourselves globally. He also narrated a few of his personal learnings from the late Parag Parikh, Founder, PPFAS, while encouraging the students to actively participate in investing, based on their own research and intuition.

Team CRC

GDP Outlook: A report by CRISIL

GDP: Demonetisation pain, GST anxiety to the fore (A report by CRISIL Ltd)

The Central Statistical Office (CSO) released quarterly estimates of GDP for first quarter of current fiscal. Crucially, the government has also revised down gross value added (GVA) growth for the fourth quarter of last fiscal by 50 basis points (bps) to 5.6%, suggesting that the impact of demonetisation on the economy was more than earlier estimated. In the first quarter, real GDP growth slid to 5.7% from 7.9% in the same quarter last fiscal. The slowdown corroborates with corporate results for the first quarter, which had shown net profits declining for chunk of listed firms. The computation of GDP relies heavily on corporate data from the Ministry of Corporate Affairs database. The slowdown reflects sharp deceleration in exports of goods, and some moderation in consumption growth.

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The Blockchain Technology

What is Blockchain Technology?

Before we talk about Blockchain it is important to know the role intermediaries play in economy. Intermediaries like banks and government facilitate the transaction of goods and services by creating trust and certainty. Like when an individual or business makes an electronic payment, they require a bank to track and record the transaction or when an individual buys a real state property then they need local government body to keep records stored.  What if there was a way of making a transaction that didn’t require the use of trusted intermediaries like banks, government or local body?

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The Future of Payments Banks

Navi Mumbai based FINO PayTech Ltd. recently launched the FINO Payments Bank, which is the newest entrant in the space after Airtel, India Post and Paytm. FINO was one of the original 11 applicants which were issued an in-principle approval by the RBI for setting up a payments bank back in 2015. Paytm has also launched its Payments Bank in May 2017 offering an interest rate of 4%.

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