SEPTEMBER 28, 2014 | A FINNICHE INITIATIVE
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September, 28 | 2014 | Volume 14
Greetings from Club FinNiche! With Summer Placements around the corner, Club FinNiche brings its special edition to help juniors in their summer internship process. This edition includes a comprehensive coverage of companies that will visit the campus for placements along with the experiences of seniors who have interned in these companies. We hope this edition will be useful for you during your internship process. Club FinNiche welcomes any comments, suggestions or criticism regarding the magazine. Please do write to us and share your ideas and if you want to have any additional section(s) in our special edition of FinXpress. Make the most of this edition and All the Best for Summers!!! Happy Reading! Regards The Editorial Team Club FinNiche
Disclaimer: FinXpress takes no responsibility for the opinions expressed in the magazine.
- By J.Sindhuja
Introduction Bharti
Public NYSE: BHARTIARTL 1995
Sunil Bharti Mittal $14 billion 24,720
Airtel
a presence in voice, broadband, IPTV and data.
Limited
global
It focuses on Retail and Small & Medium
telecommunications company with operations in
business segment.Key Performance Indicators
20 countries including India, Bangladesh, Sri
are:
Lanka
and
Headquartered
17 in
is
a leading
countries New
in
Africa.
Delhi,India,
the
Voice (wire-line) and Data (DSL) Presence in 87 top cities in India
company ranks amongst the top 4 mobile
service
Airtel Business
providers
globally
in
terms
of
Customer base: 3.3 million
subscribers. It is India’s top service brand and
It provides a broad portfolio of services to large
its product offerings include 2G, 3G and 4G
Corporates and Carrier customers
wireless services, mobile commerce, fixed line
Corporates:
services, high speed DSL
Single point of contact for all telecom needs for
broadband, IPTV,
DTH, enterprise services including national &
every customer.
international long distance services to carriers.
Carriers:
Africa presented an opportunity where Bharti
could
replicate
its
‘minute factory’
model
successfully with a mobile penetration of 56%.
domestic and international telecom carriers
In the rest of the geographies, it offers 2G, 3G wireless services and mobile commerce. It has 1.85 bn addressable
Extensive
national
and
international
infrastructure
population and global
customer base of 274.9 mn subscribers. It has
Wholesale voice and data services to
Pan-India network
with
173,217
route
kilometers of optical fiber
International network with over 225,000
more than 1.5 mn retail outlets and its vision is
route-km, connecting over 50 countries and
to become the most loved brand by 2015.
5 Continents Digital TV services
Services offered
Launched “Airtel Digital TV” service in October
Mobile services
2008 as fifth operator providing Direct-to-Home
It provides cellular mobile services across 20
(DTH) services in
countries. It is a customer and revenue market
subscriber base of 8.4 million subscribers with
leader in India and has 259.8 million wireless
its presence in 639 districts,partnering with local
subscribers globally.
service partners to provide customer service
Telemedia services
and operate call centers and currently offers a
It operates in the entire broadband with a
total of 373 channels including 17 HD channels
penetration at 42.4% of customer base with
and 5 interactive services.
India.It has a
current
It is the first company in India to provide real
Achievements
integration of all the three screens viz television,
Airtel bags five awards at tele.net Telecom
mobile and computer enabling our customers to
Operator Awards 2013
record their favorite TV programs through
Telecom Operator Awards 2013, Most
mobile and web. It also offers High Definition
Admired Telecom Operator, Best National
(HD) Set Top Boxes and Digital TV Recorders
Mobile Operator, Best Ad Campaign by an
with
Operator, Best 3G Operator and Best VAS
3D
capabilities
delivering
superior
customer experience.
which includes
Provider (for airtel money) categories
Tower Infrastructure It is a tower infrastructure provider to telecom
Airtel bagged the ‘Quality Excellence Award
operators in 11 circles in India. Bharti Infratel
for
Fastest
growing
Company’
also holds a 42% stake in Indus Towers,
National Quality Excellence Awards
at
the
amongst the largest tower companies in the world, operating in 15 circles, thereby enabling
Airtel’s myairtel application has won the
the company to provide leading pan-India
‘App of the Year’ award for ‘Best Application
passive infrastructure services. It conducted its
using Network Application Programming
Initial Public Offering in December 2012, raising
Interfaces (APIs)’ at the prestigious GSMA
$761m for a 10% stake, current market
(Groupe
capitalization of US$4.8bn with a Sharing factor
Global Mobile Awards 2013
Speciale
Mobile
Association)
(Tenancy ratio) of 1.91x per tower.
Ranked 71 in top 100 list of Global Brands
Financial Highlights
by Millward Brown Optimer, published in
Total Revenue: $14.1 billion
Financial Times
EBITDA: $4.1 billion
Airtel digital TV (HD) was recognized as the
Investment Highlights
‘Product of the year 2012’, by AC Nielsen,
Focused on Free Cash Flow Generation
an international research firm
Strong financial and credit profile
Innovative business model driving value
Bharti Airtel Nigeria won 3 industry Awards
and efficiency from scale
at the prestigious 8th edition of the Nigerian
Leading Emerging Markets Telco (Asia and
Telecoms Awards: Telecoms Brand of the
Africa)
Year, Best Customer Service and the Most
Growth Strategy: Mobile Data, Increased
Innovative Network
Penetration and New Services
- by Arijit Samaddar
Limited Partnership 1988 New York
David E. Shaw
$30 billion 1300+
D. E. Shaw group is a New-York based leading
evaluates risk profiles of the company’s
global investment management and technology-
investment
development firm. Since its inception in the year
among investment strategies. This committee
1988 it has expanded its footprint in North
comprises four risk officers, some investment
America, Europe and Asia. Presently the
professionals and few prominent members
headcount is more than 1000 and entire
from the executive committee.
investment
stands
approximately
at
instruments,
allocating
capital
$33
billion (as of July 1, 2014). Through the years
DE Shaw India
the company has gathered notable presence in
D. E. Shaw India Software Private Limited
the
making
(DESIS) is one of the largest subsidiary.
investments in number of companies from
Established in Hyderabad in 1996, DESIS is a
different sectors like wind power, real estate,
state-of-the-art
technology and financial services firm. The
center which collaborates with the New York
company manages a variety of investment
head office. More than 350 developers and
funds
engineers work intensively to maintain the
world’s
that
quantitative computational
capital
make methods
markets
by
extensive and
technology
use
of
proprietary to
support
fundamental research in the management of its
development
company's technological
and
support
leadership in the
areas of securities information management, market evaluation, and order execution.
investments.
Financial Operations Organisation Structure
The financial operations group is engaged in
David E. Shaw, a former faculty member of
managing the whole range of the firm's
Columbia University founded the firm and he
post-trade activities. The group supports a
directed it till the year 2001. By 2010 the
wide spectrum of mission-critical processes. It
company structure saw a significant change as
coordinates with the technology group to
team leadership model was adopted. Currently
effect trade execution, settlement automation
the firm is led by an Executive Committee of five
procedure and exception analysis, creates
experienced individuals. Besides, 30 other
reports as well as analyses money movement
Managing Directors, with an average tenure of
and capital allocation and optimizes entire
over a decade work closely with the executive
processes.
Financial Research
Office trading and Back Office operations
The financial research group is involved in
and
the development of the D. E. Shaw group's
manage the firm’s centralized transaction
prime investment strategies. Along with
and reference data, risk and valuation,
analysis of financial data it carries out
liquidity and collateral management, and
detailed company and sector analysis,
compliance for the firm.
reporting. This team builds software to
creates and maintains large databases, and executes special research projects.
Back Office The back office group builds systems that drive the post-trade workflow and reporting to
Front Office systematic and discretionary trading
strat-
investors and regulators. This group is
egies are built by the front office group .
aligned closely with Financial Operations
The group works on a wide variety of
team. The group also develops software that
projects, including real-time financial data-
performs the firm’s portfolio accounting,
feed
high-performance
calculates and reports profit and loss from
middleware, interactive trading systems,
infrastructure,
trading activities and produces financial
portfolio management and workflow tools,
statements for funds and investors.
and quantitative analysis tools. Enterprise Middle Office
The enterprise group develops and
It is an interface between front and back
ports the technical infrastructure of the firm
office
and builds systems for activities.
activities.
The
group
develops
applications and platforms that enable front
sup-
that are outside the trade cycle.
Experience by Vineer Maniar – Summer Intern at DE Shaw India Software Pvt. Ltd. First, DE Shaw is a technology development company apart from being one of the top hedge funds in the world. I was part of the Trade Accounting and Operations for my summer internship. Everything about the company makes you want to go back there - No formals, no time limits and a fun-filled atmosphere. Employees are more like friends than colleagues and are always ready to help you with a big smile. My work included managing the books of the various strategies that the fund has. This gave me an insight into the investment strategies of the firm with exposure to CDS, ABS and Cash Arbitrage etc. Work is heavily supported by a constantly evolving technology leaving you with time to enjoy and have ample ‘me’ time. It remains a favourite to work in future. Good luck to all!
- By Mohammed Zakir Ahmed
Public NYSE: G 1997
N V Tyagarajan $2.1 billion 65,000
Genpact is abbreviation for ‘generating busi-
Genpact has grown from 32,000 employees and
ness impact’. They are well known in designing,
a revenue of $823 million to an organization
transforming and run intelligent business opera-
employing more than 65,000 employees across
tions that involve complex but task specific of
3 delivery centers and 25 countries worldwide
chosen industries. This results in advanced
with the headquarters located in New York.
operating models that help in managing cost
Revenue of Genpact is at $2.1 billion (2013)
and increase growth rate. It also helps in re-
with BAIN capital being its largest stakeholder.
duced risk and compliance across various func-
Genpact has over hundred
tions like finance and procurement, financial
which includes more than one-fourth of Fortune
services and account servicing, claims manage-
500 companies.
long term clients
ment, regulatory affairs and optimization.
Leading Edge Innovation History
Genpact is neither technology oriented nor man-
Genpact began in 1997 as a part of General
agement consulting firm. The focus is on devel-
Electric. Genpact’s history has been unique
opment of business processes and operations
which has helped the organization have a depth
which can impact the volatility of market and
in understanding process. Their initial objective
experience of client. Hence the innovation strat-
was to provide services to GE’s businesses with
egy of Genpact leverages on a unique combina-
high efficiency rate. The next eight years were
tion of process expertise, analytics and technol-
the key in growth of the organization. In this
ogy to improvise outcomes and intellectual deci-
time span, they expanded into wide range of
sion making. They focus on the end result rather
process that include simple to complex opera-
than the means, with agile and pragmatic inno-
tions across GE’s financial services and manu-
vations.
facturing business. Genpact’s has its own process transformation In January 2005, the name Genpact was given to the independent company. They brought out their process expertise and unique DNA in Lean Six Sigma to clients other than GE. In August 2007, Genpact was listed in NYSE under the symbol ‘G’.
framework named Smart Enterprise Processes (SEP). The purpose of SEP is to point source of discontinuous impact, from the impact of enterprise resource planning templates that close books faster, to impacting cash flow by optimizing parts of order-to-cash processes.
Genpact’s Business Process as a Service
Ranked among top 10 consumer goods
(BPaaS) platform. It is also involved from Anti
service provider in Annual Consumer Goods
Money Laundering industrialized support, to
Technology(CGT) Readers choice survey.
Industrial Machinery asset monitoring and man-
former” in Everest Groups report.
agement services.
Genpact is uniquely positioned to deliver business process innovation
2013
Major Awards in recent past
FinTech 100 2013- Ranked among top 20 Global Financial technology Firms.
such as SEP to harness power of Lean and Six Sigma.
Supply & Demand Chain Executive Magazine – 100 Great Supply Chain Project.
Genpact is business process and operations specialist, using unique intellectual property
Positioned as a Capital Markets “Star Per-
Everest Group 2013 PEAK Matrix rankings: “Leader” and “Star Performer” in Global FAO for third consecutive year, “Leader” and “Star Performer” in Global Banking
2014
BPO, “Star Performer” in Global Multi-
Gartner 2014 Magic Quadrant for Global Finance Accounting BPO Leader for fifth
Process
Human
Resource
Outsourcing
(MPHRO).
consecutive year.
Experience by Pragun Aggarwal –Summer Intern at Genpact Genpact is one of the world's largest business analytics service providers across diverse segments in the areas of Retail Banking, Commercial banking and Capital Markets.
The work experience at Genpact started by team and project allocation. I, being a finance student and a part of Mergers & Acquisition team got an opportunity to work on a live project for a client, which happens to be one of the biggest US discount retailers. The project involved lead generation/target identification for the client in the Healthcare industry and involved direct client interaction which is a rarity for even managers with relevant work experience. I was also assigned the responsibility to develop a credit risk assessment model which involved thorough research on financial metrics/ratios significant to different kind of industries. It helped in building financial acumen on multiple industries operating globally. The team was really helpful in sharing their industry experience and insights during the course of internship. The work culture is quite easy going and provided adequate learning opportunities. All the Best!!
- by Saksham Kumar
Public LSE:HSBA,
HSBC Holdings Plc. is a multinational banking
SEHK:0005, NYSE:HSBC
and financial services headquartered at London,
1865, HongKong 1991, HSBC Holdings Plc.
Thomas Sutherland $68.18 billion 254066 Stuart Gulliver
Retail Banking and Wealth Management
United Kingdom. It was founded in London in
HSBC provides a full range of
personal fi-
1991 by the HongKong and Shanghai Banking
nancing services, current and
savings ac-
Corporation.
in
count, mortgage loans, car financing, insur-
HongKong and Shanghai, where branches were
ance, credit cards, loans, pensions and in-
first opened in 1865. It is the world’s second
vestments.
largest Bank. It has around 6,600 offices in 80
countries and territories across every continent.
Financial services to small, medium-size and
It serves around 125 million customers world-
middle-market enterprise. The group has a
wide. As of 31st December 2013 It has total
wide range of customers ranging from sole
assets worth $ 2.68 trillion.
proprietors, partnership, clubs and association
The
origins
of
bank
lie
Commercial Banking
to publicly quoted companies.
History
The HongKong and Shanghai Banking Corpora-
It is the investment banking arm of HSBC. It
tion was founded by a Scottish Sir Thomas
provides investment banking and financing
Sutherland in the British colony of Hongkong in
solutions for corporate and institutional cli-
March 1865. After a Century later in 1980 it
ents. It also provides services in equities,
acquired a 51% stake in a US-based Marine
credit and rates,
Midland Bank and extending it to a full owner-
markets, securities services and asset man-
ship by 1987. HSBC Holdings Plc. was estab-
agement services.
lished in United Kingdom in 1991 as a parent
company to HSBC in preparation for its pur-
HSBC Private Bank is the marketing name for
chase of a UK based Midland bank and the
the private banking business conducted by
impending transfer of sovereignty of HongKong
principal
to China
HSBC group worldwide. It Provides services
Global Banking and Markets
foreign exchange, money
Global Private Banking
private
banking
subsidiaries
of
to high net worth individuals (HNIs) and their
Principal Business Groups and
families through various locations around the
Divisions
globe.
Sustainability at HSBC
Other
For HSBC, sustainability means managing
India are Commercial Banking, Asset Man-
the business across the world for long term.
agement, HSBC Global Resourcing, Insur-
That means achieving sustainable profits for
ance, Data Processing, Audit service, Invest-
shareholders, building long-lasting relation-
ment Banking, HSBC Invest Direct (India)
ship with customers, valuing highly commit-
Limited.
group entities of HSBC present in
ted employees, respecting environmental limits and investing in communities. HSBC’s water program is a five year, $ 100 million program in partnership with three
Accolades for HSBC from around the world
Energy advisor and Energy Finance
NGOs which rank among the world’s most respected environmental and development organisations.
Petroleum Economist Award 2014: provider of the year
Euromoney Awards for Excellence
2014
HSBC in India HSBC Global Technologies (GLT) is a subsidiary of HSBC holdings Plc. in India. It is
FinanceAsia
Awards
for
achievement
Extel 2014 Survey Awards: #1 in Luxury goods and Telecommuni-
headquartered at Pune. It has more than 8000 employees and generates a revenue
cation services
worth $88 million. The main purpose of GLT
is to provide technology solutions and ser-
Country
Euromoney
Primary
Debt
Survey
2014
vices to a large spectrum of customers spreading across multiple business functions
Experience by Kshitij Vasisth — Summer Intern at HSBC HSBC is the world’s second largest bank after Industrial and Commercial Bank of China. A splendid experience is what I would call my time at the company. I was working at the back end of the company's investment banking division with core focus on oil and gas sector. Work profile was a mixed bag including preparation of pitch books, company valuation and processing information from proprietor databases. Occasionally, we also got to interact with clients which gave us a bird's eye view on how information flows in the investment banking sector. The flat hierarchy allowed us to work closely with the Regional Directors who were very helpful as mentors. The company has an employee friendly environment which makes aggressive working hours seem easy and productive.
- By Arihant Jain
Public NYSE: JPM 2000
JPMorgan Chase & Co. is an American
Consumer & Community Banking (CCB)
multinational banking and financial services
CCB serves consumers and businesses through
holding company. Its legacy dates back to 1799
personal service at bank branches and through
when its earliest predecessor was chartered in
automated
New York City. The firm is built on the
mobile and telephone banking.
teller machines
(ATMs),
online
foundation of more than 1200 predecessor USD 96.38 Billion 2,60,000
institutions. Its major heritage firms — J. P.
Corporate & Investment Bank (CIB)
Morgan,
Chemical,
CIB offers a suite of investment banking, market
Manufacturers Hanover (in New York City) and
making, prime brokerage, and treasury and
Bank One, First Chicago, and National Bank of
securities products and services to a global
Detroit were each closely tied, in their time, to
client base of corporations, investors, financial
innovations in finance and the growth of the
institutions, government and municipal entities.
United States and global economies.
Within Banking, the CIB offers a range of
Chase
Manhattan,
investment banking products and services in all It is the largest bank in the United States, with
major capital markets, including advising on
total assets of USD 2.42 trillion. According to
corporate strategy and structure, capital-raising
Forbes magazine, it is the world's third largest
in equity and debt markets, as well as loan
public company based on a composite ranking.
origination and syndication.
The hedge fund unit of JPMorgan Chase is the second largest hedge fund in the United States.
Commercial Banking (CB)
The company was formed in 2000, when Chase
CB provides industry knowledge, and service to
Manhattan
J.P.
the United States multinational clients, including
Morgan & Co. It operates in more than 60
corporations, municipalities, financial institutions
countries. Its Profit Margin (Trailing Twelve
and non-profit entities with annual revenue
Months as of June 30, 2014) was USD 92.62
generally ranging from $20 million to $2 billion.
Corporation
merged
with
billion with profit margin (ttm) being 17.45% and operating margin (ttm) 37.55%.
Asset Management (AM) AM clients include institutions, high-net-worth
The company operates through four segments:
individuals and retail investors. AM offers
Consumer & Community Banking, Corporate &
investment management across all major asset
Investment Bank, Commercial Banking, and
classes
Asset Management.
alternatives and money market funds.
including
equities,
fixed
income,
JP Morgan Chase in India
Key Mergers of JP Morgan Chase Corp.
The lines of business of JP Morgan Chase in
merged with Chemical Banking Corp., under the
India include the Investment Bank, the Global
name of Chemical Banking Corp., then the
Corporate
second-largest banking institution in US.
Management, Treasury Services and Investor
In 1996, The Chase Manhattan Corp. merged
Services. The firm's roots in India date back to
with Chemical Banking Corp., under the name
1922, when J.P. Morgan & Co. in New York and
of The Chase Manhattan Corp., creating what
Morgan Grenfell, its affiliated partnership in
was then the largest bank holding company in
London, took an ownership interest in the
the United States.
Calcutta merchant banking firm of Andrew Yule
In 1998, Banc One Corp. merged with First
& Co. Ltd. J.P. Morgan had ambitions to start a
Chicago NBD, under the name of Bank One
banking business in India as early as 1902, and
Corp.
Morgan Grenfell had begun extending credit to
In 2000, J.P. Morgan & Co. Incorporated
Yule & Co. in 1911. In 1945, Chase began
merged with The Chase Manhattan Corp.,
business in India, when Chase National Bank
under the name of J.P. Morgan Chase & Co.
opened its first representative office in Mumbai.
In 2004, Bank One Corp. merged with J.P.
Initially located at the Taj Mahal Palace hotel,
Morgan Chase & Co.
within a year it moved to the New India
In 2008, JPMorgan Chase & Co. acquired
Assurance Building. In 1993, J.P. Morgan
The
Inc.,
entered into a joint venture with ICICI that
strengthening its capabilities across a broad
resulted in our becoming one of the leading
range of businesses, including prime brokerage,
investment banks in India, raising funds in the
cash clearing and energy trading globally. Also,
domestic markets for both public and private
JPMorgan Chase & Co. acquired the deposits,
sector clients. In 2002, JPMorgan Chase
assets and certain liabilities of Washington
established
Mutual's banking operations. This acquisition
Mumbai, providing 24x7 middle- and back-office
expanded Chase's consumer branch network
support for every line of business at JPMorgan
into California, Florida and Washington State
Chase. Today, Mumbai is one of J.P. Morgan's
and created the nation's second-largest branch
largest locations outside of the United States
network — with locations reaching 42% of the
and serves as a regional hub for many of its
U.S. population.
businesses in India. Since 2008, through the
In 2010, J.P. Morgan acquired full ownership
financial crisis, J.P. Morgan has helped raise
of its U.K. joint venture, J.P. Morgan Cazenove,
more than USD 20 billion for Indian corporates
one of Britain's premier investment banks.
through domestic and international offerings.
In
1991,
Manufacturers
Bear
Stearns
Hanover
Companies
Bank,
its
Private
Global
Equity,
Service
Asset
Centre
in
- by Kartik Awasthi
Public 1988 Santa Cruz, Mumbai Saugata Gupta NSE: MARICO $173 million 1900+
Introduction
consumer products.
Marico limited is an India-based company
The promoter family went on to incorporate a
providing
and
company called Marico Foods Limited in 1988
services in the areas health, beauty and
and transferred BOIL's consumer products
wellness. Marico along with its services in India,
division to this company. The name of the
operates in 25 countries across emerging
Company was changed to Marico Industries
markets of Asia and Africa.
Limited in 1989 and Marico Limited in 2005.
branded
consumer
goods
The company operates in two key segments which are consumer products and others. It’s
Acquisitions
Consumer Products include Coconut oils, other
Procter & Gamble's anti-lice treatment
edible oils, hair oils and other hair care
business
products, soaps, male grooming products,
Mediker in 1999
healthy foods, fabric care products, health care
branded
under
the
name
Facilities of Kanmoor Foods at Saswad,
products and female beauty care products.
Maharashtra for manufacture of jams,
Others segment is engaged in skin care.
sauces and other fruit and vegetable
Marico's sustainable growth story rests on an
products in the 2000
empowering work culture that encourages its
members to take complete ownership and make a difference to the entire business ecosystem.
The Parachute and Saffola brands from BOIL in 2001
Marico ventured into skin care products
in 2003 through the acquisition of Sundari
Background
LLC in the USA, a manufacturer of luxury
The history of the company can be traced back
Ayurvedic products
to 1948 when Bombay Oil Industry (BOIL) was
Enters Indian soap market by acquiring
set up by the Mumbai-based Mariwala family
herbal bath soap brand Manjal from
having a presence in the trading business. The
Kerala’s Oriental Extractions in 2006
manufacturing facilities of BOIL comprised of a
coconut oil extraction plant, chemical plant and a vegetable oil refinery. Over the years, BOIL expanded
and
diversified
into
branded
Marico entered Egypt by acquiring haircare brand Fiancee in 2006
Bought Paras personal care brands from Reckitt Benckiser
Brands
Recognitions
Marico has nurtured multiple brands in the
Ranks No.1 in the Euro Money Asia’s
various categories it operates in. Marico's
Best Managed Companies ratings 2013
Indian business markets household brands
in the Consumer Good category
such as Parachute Advansed, Saffola,
Mediker
won
the
Best
Integrated
Nihar, Mediker, Hair & Care, Revive, Manjal,
Campaign Award at the India PR and
Setwet, Zatak and Livon. The International
Corporate
business offers unique brands such as
2013
Parachute, Hair Code, Fiancee, Caivil,
Ingwe, X-Men, L'Ovite, Hercules, BlackChic, Code 10, and Thuan Phat that are localized
Communications
Awards
Marico brands won 3 Creative ABBY Awards at the Goafest 2013
Marico Bangladesh received the Best
to fulfil the lifestyle needs of international
Corporate Award 2012 in the MNC
consumers.
category by ICMAB.
It is present in Skin Care solutions business
Marico won the prestigious Annual
under the brand name Kaya in India and
Supplier Award by Bharti Walmart and
international markets and the brand Derma
was
Rx in Singapore and Malaysia.
Planning – Best Debutant for 2012.
adjudged
the
Joint
Business
Experience by Sruti Gudavalli – Summer Intern at Marico The best part about working for an FMCG firm is to experience the products you work on in your daily lives- there’s a tingling sensation that goes off in your mind: a sense of pride and innocent happiness. Working at Marico began with that feeling; when they welcomingly sent us surprise goodie bags. The
experience thereafter has been nothing short of superb! At Marico, everyone is on a first name basis. Members, not employees. You address the VP just like you address another co-intern. The organization is (extremely) open and flat, filled with fresh minds and innovative ideas and the cool factor is evident when you see the CEO clicking a selfie with the intern’s batch! *wink* The projects I worked on were absolute real ones- the kind that usually isn’t expected as an intern. I worked in 2 phases, both of which were amazing and the learning was immense!
Setting up the e-Commerce channel for Marico
Activation for Parachute Advansed and a yet-to-be-launched campaign.
Everything is yours- there’s a huge responsibility and freedom to do what you feel is right.
- By Anshul Tyagi
Vision We will enhance our world leadership in confectionery
Private
by
creating
value
for
2001
consumers through innovative and gratifying
Ambrogio and
high-quality products.
Edigio Perfetti
Indian Unit
€2.25 billion
The manufacturing units are located in
17000
Manesar, Chennai and Rudrapur. The India
Confectionery
subsidiary takes care of the development of
Sameer Suneja
south Asian market and export to other Asian Perfetti Van Melle is a privately held Italian global
countries. In India it has a network of around
manufacturer
chewing
4000 distributors spread across 1500 urban
gum .The parent company Perfetti was founded by
sector. India unit contributes to a total size of
two brothers Ambrogio and Egidio Perfetti. Perfetti
INR
Van Melle was formed in 2001 with the acquisition
launched several innovative ad campaigns
of Van Melle of Netherlands by the Perfetti group
like Happydent White, Chlormint, Alpenliebe
of Italy. Company’s corporate headquarters is
and Mentos which have won several awards
in Lainate (Milan), Italy. Perfetti Van Melle is the
for the company like the Abby for Happydent
third largest confectionery manufacturer in the
Protex & Centre Fresh, Cannes (Silver and
world after Mondelēz International and Mars,
Bronze) and Ad fest for Happydent White
Incorporated.
and Effie’s for Mentos.
of
It
confectionery
employs
and
17,000
people
via
5500
crores.
PVMI
brands
have
30 subsidiary companies and distributes its products in over 130 countries.
Social Responsibilities As a responsible corporate citizen, Perfetti
Timeline
van Mille India is committed to improve the
1991: Perfetti buys a 37 percent stake in Van
welfare of the people in the neighboring
Melle.
communities and the environment. Its effort
1995: Van Melle enters India.
towards,
2000: Van Melle switches its listing to Amsterdam
directly
exchange's primary board.
community, environment and children, in
2001: Perfetti acquires 100 percent control of Van
cooperation
Melle for EUR 966 million.
associations.
identifying translate with
opportunities
into
benefit
NGOs
and
which
for
the
industry
Summer Trainee Recruitment
one
intellectually
and
encourage
A two month training programme is designed
innovative solutions to challenges.
finding
to take a summer trainee through projects
involving
respective
functional
exposure.
Nature of Projects
Candidates from distinguished Business as
The nature of projects assigned to a candidate
well as Functional Institutes are recruited for
could be of the following type: An innovative
the same.
perspective on an organizational problem. A study of strategic plans of the organization with
The Summer Trainee Program is designed to
requisite analysis and interpretation. Specific
expose one to the vibrancy of a complex and
functional problems which require research
competitive business environment, challenge
effort.
Experience by Bhanu Gandotra — Summer Intern at Perfetti Van Melle Summer Internship at Perfetti Van Melle was a learning experience of a very different kind. The internship there has completely changed my view about Sales as business function. Initially I was a little apprehensive about the location of my project, as I heard from seniors about the difficult locations that Summer Interns over the years have been assigned to. But my apprehensions were put to rest when I was assigned to Punjab. Being a Punjabi myself I was happy and wanted to use to this opportunity to both work and explore the state of Punjab. My project was a rural sales territory coverage enhancement project, in which I was supposed to improve the territory coverage norm of the rural salesman (Pilot Sales Representative). The company wanted to change to a more efficient coverage model from the current one in which the PSR was
supposed to visit each distributor town at least once, during the month irrespective of the business volume generated by the town. After covering the territory for 6 weeks and travelling extensively with different PSRs working in the state I came up with two models one based on the targets of the distributors and other based on the shop density in the distributor town. With these models I created a new coverage plan for the PSRs. Both the models were appreciated and pilot studies were carried out on their feasibility by the company. During my field stint I also got an opportunity to visit the Golden Temple, Wagah Border and Jallianwala Bagh. A visit to Kesar the Dhaba, Chawla Chicken and Ahuja Lassi satiated the foodie in me. The best part of the whole experience was the bliss of travelling alone and exploring new towns and cities.
- By Yojana Ranasaria
Privately held
Tata Capital is a finance company that fulfills
Distribution and Broking
2007
the financial needs of retail and institutional
Third-part investment products, equity and
customers in India. It is a wholly owned
commodity trading for retail and institutional
subsidiary of Tata Sons Limited and was set up
customers.
3,261 5000 : Tata Sons
as a Non Banking Finance Company (NBFC) in 2007 and is registered with the Reserve Bank of
Retail Finance
India.
Passenger and commercial vehicle loans, used
The company is focused on providing multiple To become the most admired
financial services through an extensive network
financial solutions partner
of over 1,000 customer touch-points covering tier I, tier II and tier III cities.
We will only do what’s right– for all our stakeholders, including our employees, customer and society at large
car loans, personal loans, home loans, credit cards and consumer durable loans for retail customers. Commercial Finance
Financial products for small and medium
Offerings
enterprises, and project finance for capital Tata Capital’s range of offerings caters to the
equipment and Infrastructure.
diverse financial requirements of its retail, corporate and institutional customers.
Investment Banking Advisory and debt and equity market products
B2B Offerings Knowledge to empower, to innovate, adapt and to pursue excellence
B2C Offerings Consumer Finance
enterprises.
Infrastructure Finance
Home Loans
Private Equity
integrity
and
small
and
medium
Investments in India and other countries.
Leasing Solutions
Loan Against Property
Clean Tech Finance
Wealth Management
Private Equity
Investment Advisory
Investment Banking
Equity Banking
be responsible, passionate, courageous and practice
corporate
Commercial Finance
humility, understand-
ing and unity
for
Wealth Management Suite of advisory and investment offerings for high net worth individuals. Rural Finance Relevant financial products for rural customers, Travell, Cards
Forex
and
including
financing
of
farm
equipment,
agricultural inputs and agricultural enterprises.
Infrastructure Finance
cooperate in a wide-range of business areas.
The Infrastructure Finance business caters to the specialized needs of the infrastructure sector. For example Equipment Finance, Bill
Discounting/ Factoring etc.
Mitsubishi UFJ Securities Co. Limited to establish a basis of cooperation in a wide range of strategic
business
areas
that
include
cross-border
investment banking, global offering of Indian
Praveen P Kadle
Tata card
equities and working towards development of the
The Tata Credit Cards constitutes the benefits
local bond market.
of a globally accepted Credit Card with a rewarding membership program. Ever-growing alliance of leading brands, superior reward programs & exclusive privileges make the Tata Card an ideal choice for a discerning customer.
Govind S Sankaranarayanan
Pradeep C Bandivadekar
Corporation
(IFC),
a
member of World Bank Group to form Tata Cleantech Capital Limited (TCCL) to assist, via lending and advisory services, small, mid-sized
Alliances
nology.
Tata Capital’s alliances and partnerships are
AIMIA (formerly Groupe Aeroplan) - the Canadian
based on the Company’s core objects and
Loyalty Marketing giant to launch a global multi-
values. These include:
party
cooperation
in
private
equity,
banking including cross border acquisitions,
Amar Sinhji
Finance
and even large companies to promote clean tech-
securities
coalition
loyalty
program
in
India.
business
Century Tokyo Leasing Corporation to provide
investment
leasing solutions for the growing equipment
Mizuho Securities Co. Ltd. to foster R. Vaithianathan
International
mergers and
business
leasing services market in India.
including
broking and distribution, structured finance and
Tata Capital has its International Headquarters in
other
Singapore and offices in London. Tata Capital
business
areas
such
as
wealth
management.
brings in the trust and expertise of Tata to an economically
and
Tata
socially Pte.
financial
Limited
(TCPL),
Mizuho Corporate Bank Limited (MHCB) to
sector.
foster business cooperation, enhancing cross-
Singapore offers Corporate Advisory, Debt and
market value creation capabilities,strengthening
Equity
competitive advantages in addition to aiding
Securities & Wealth Management. Tata Capital
each other in gaining a deeper understanding of
Markets Pte. Limited and Tata Capital Advisors
the Indian and Japanese markets. As part of the
Pte. Limited are in the areas of capital markets
understanding, Tata Capital and MHCB will
and private equity respectively.
Capital
Capital
relevant
Markets,
Offshore
Desk
for