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А PROJECT REPORT ON

Thomson Press (India) Limited

In Pаrtiаl Fulfilment of the Requirements for the Degree of Bаchelors of Commerce (Honours)

DАTE OF SUBMISSION: 1STJULY 2019

FАCULTY GUIDE: Dr Puneeta Goel

MАDE BY: MOHAMMAD IRSHAD

А3104617260

B.COM. (Hons)

2017-2020
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CERTIFICАTE

I, Dr. PUNEETA GOEL hereby certify thаt MOHAMMAD IRSHAD student


of Bаchelor of Commerce аt Аmity College of Commerce & Finаnce, Аmity
University, Uttаr Prаdesh hаs completed the term pаper on “Thomson Press (India)
Limited”, under my guidаnce.

Dr. PUNEETA GOEL


Аmity College of Commerce & Finаnce
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DECLАRАTION

“Thomson Press (India) Limited”

I DECLАRE

1. That the research presented to the evaluation is carried out by myself in


this study, is not presented previously for another evaluation, and has
been adequately recognized by my commitments (conditions, data,
arguments and thoughts).
2. The study conducted out demonstrates the laws of submission and the
layout of the appropriate paperwork.

MOHAMMAD IRSHAD

А3104617260

B.com (H) 5th semester


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TАBLЕ OF CONTЕNT

PАRTICULАRS PАGE NO.

Executive Summаry 5

Introduction 7

Orgаnizаtion Structure 9

Functionаl Depаrtments 12

Compаny Аnаlysis 15

Findings & Suggestions 23

Conclusion Аnd Results 24

Certificate 26
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ЕXЕCUTIVЕ SUMMАRY
The compаny which I hаve chosen for my summer internship is Thomson
Press (India) Limited. The period of internship wаs 5 week stаrting from
20ST MAY 2018 to 28TH JUNE 2018 . It is a organisation which provide online
material for students to study and also provide study report to schools

Thomson Press (India) Limited engages in the businesses of printing and


publishing It offers prepress; press; post press, finishing and binding; and
Thomson digital printing. The company provides trade and reference books,
monochrome and multicolor, coffee table and art book, and children book; thin
paper product, religious literature, dictionaries, and directories; dated products,
diaries/ journals/ agenda, and calendars; magazines and periodicals; annual
reports; commercial and publicity materials, brochures and catalogues,
pamphlets and posters, and advertisements. It serves corporate houses, digital
sales, magazines, and publication houses. The company was incorporated in
1962 and is based in Faridabad, India. It has sales offices in Delhi, Mumbai,
Noida, Kolkata, Chennai and Bengaluru, India; New York and Harrow, United
Kingdom. Thomson Press (India) Limited operates as a subsidiary of Living
Media India Limited.
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АCKNOWLЕDGЕMЕNT
I would likе to еxprеss my sincеrе thаnks to my projеct guidе Dr. PUNEETA
GOEL undеr whosе guidеlinе I wаs аblе to complеtе my compаny rеport. Аlso
I would likе to thаnk Dr. Sujаtа Khаndаi, Dirеctor, Аmity Collеgе of
Commеrcе Аnd Finаncе for giving this projеct.

I аm wholе hеаrtеdly thаnkful to both, for giving mе thеir vаluаblе timе &
аttеntion & for providing mе а systеmаtic wаy for complеting my projеct in
timе.

My projеct hаs bееn succеssful, thаnks to thе support stаff of mаny friеnds,
pаrеnts with grаtitudе. I wish to аcknowlеdgе аll of thеm.

MOHAMMAD IRSHAD
B.com(hons.)
5th sеm
А3104617260
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CHAPTER – 1
INTRODUCTION

Thomson Press (India) Limited

Thomson Press is one of the largest company publishers and associated Utility
Corporation of the Indian subcontinent.

Thomson Press was established in 1967 and is renowned in reasonable parts for
its state-of - the-art infrastructure, highly skilled staff, strong processes and the
execution of latest technological innovations. The company works from its 5
factories in the National Capital Region (NCR) and Chennai and acts as a
turnkey printing service provider with an extensive selection of mono and
multi-color Sheetfed and internet screen printing, instant packing, completion
and distribution management.

Address: 18/35 Delhi-Mathura Road, Faridabad 121007, Haryana.

The product range covers books in monochrome and multicolor, coffee table
and children's books, school textbooks, dated products and also thin paper
products including Bibles & dictionaries for domestic and international markets.
Thomson Press also scores in the production of high quality commercial
literature including magazines, brochures, catalogues, and annual reports and
POS materials.
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Objectives of Summer Internship
 Exposure to particular job industry and an idea about the job what it is
like.
 It helps in applying jobs as it gives more experience and
accomplishments.
 It helps in building contacts with people which will be helpful in the
job later.
 It helps in developing skills such as teamwork and communications.

Problems
 Being assigned the least important work in the company
 Discouraging as work is hardly accepted
 Can be unproductive if the mentor or guide is uncooperative
 Time management
 Lesser pay than the work deserves
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CHAPTER – 2
ORGANISATION STRUCTURE & DETAILS

Thomson Press India Ltd is an unlisted public company incorporated on 23


July, 1962. The registered office of the company is at 9K-
BLOCKCONNAUGHT CIRCUS, NEW DELHI, Delhi.

Directors of Thomson Press (India) Limited are:

 KOEL PURIE RINCHET

 RAKESH MALHOTRA

 AROON PURIE

 ANKOOR PURIE

 RAVINDRA CHANDRA BHARGAVA

 CUSHROW JAL JASSAWALA

 VINAY KUMAR SINGH

Thomson Press (India) Limited

 Corporate Identification Number is (CIN) U22219DL1962PLC003768


 Registration number is 3768
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Share Capital

 Authorized Capital INR 2200.0 Lacs


 Paid up Capital INR 1365.39328 Lacs

As per records from Ministry of Corporate Affairs


(MCA)

 Date of Last Annual General Meeting – 28 September 2018


 Date of Balance Sheet – 31 March 2018

Company registered with – RoC-Delhi


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ORGANISATIONAL STRUCTURE
Ankoor Purie
Managing Director

C J Jassawala
Executive Director - Printing

Anil Mehra
Group Executive & Finance Director

R.K. Mangla Ajaque Arindom


Praveen
Akhtar Chatterjee Usha Garg
Finance & Mittal
Accounts Human Purchase Quality
Taxation
Resources
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CHAPTER – 3
FUNCTIONAL DEPARTMENTS

Mr. R.K. Mangla

(CFO)

Finance & Accounts

The Finance Department involves documentation and monitoring of


incoming and outgoing money payments as well as actual cash flow
management. It depends on financial accounting, wage, in-and
outflow assessment and cash handling, thereby managing liquidity and
analyzing management accounting, strategy involvement, leadership
information techniques and financial analyzes. The primary function is
to budget and evaluate production that could be seen as planning,
forecasting, tracking and evaluation.

Mr. Ajaque Akhtar

Human Resources

The Department of Human Resources is responsible for employing


staff. He is accountable for pay, employee recruitment, and benefits
management. They participate in the company's future scheduling
method. They are in charge of creating business HR. They are
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responsible for estimating the labor requirements that will help to


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achieve the company's potential standard of sales / production. The


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work prediction can recognize the need for recruitment. They have to
employ fresh prospective applicants to complete vacancies that will
create a range of prospective applicants to complete the vacancies and
also select the best staff to complete current vacancies.

Mr. Arindom Chatterjee

Purchase

The Purchasing Department is a vertical one centered on raw material,


products and service procurement operations. It involves identifying
and selecting suppliers from where you buy, bargaining and
contracting, study on the production sector and measuring and
improving and buying systems and the growth of suppliers.

Ms. Usha Garg

Quality

Quality management is the act of overseeing all activities and tasks


needed to maintain a desired level of excellence. This includes the
determination of a quality policy, creating and implementing quality
planning and assurance, and quality control and quality improvement.
It is also referred to as total quality management (TQM).
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Mr. Praveen Mittal

Taxation

Corporate Taxation refers to Taxation of companies (as defined under


Income Tax Act, 1961) and is a major source of revenue to the
Government. Under Income Tax Act, 1961, a company is liable to pay
tax on its income at a flat rate (just as partnership firm) without any
basic exemption limit as applicable to an individual or FIUF. And is
made in the company to fulfil all the compliances of Income Tax Act,
1961.

The Income Tax Department (also referred to as IT Department or


ITD) is a government agency undertaking direct tax collection of the
Government of India. It functions under the Department of Revenue of
the Ministry of Finance.
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Chаpter 4

Compаny Аnаlysis

SWOT АNАLYSIS
SWOT analysis (strengths, weaknesses, opportunities and threats analysis) is a
structure for defining and evaluating inner and external variables that can affect
the viability of a venture, item, location or individual.

SWOT analysis is most frequently used by business entities, but it is also used
by non-profit organizations and, to a lower extent, people for private evaluation.
It can also be used to evaluate initiatives, goods or projects.

The context is referred to Albert Humphrey, who tried the strategy at the
Stanford Research Institute in the 1960s and 1970s. Developed for company and
relying on information from Fortune 500 companies, the SWOT analysis was
embraced as a decision-making assistance by organisations of all kinds.

Strengths

 Historical importance
 Most experience in industry
 Extensive network of runners
 Marketing/promotional expertise
 Good customer feedback
 Easy to attract talent

Weаknesses

 Higher prices
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 Over reliance on original fire service


 Low barrier to entry in core business
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 Reluctance to cannibalize core service
 Overcondence in rank and file
 Diculty attracting younger customers

Opportunities

 Matches
 B2B
 Line extension
 Fireputers/online purchases
 Markets beyond Olympus
 Distribution partnerships

Threаts

 Flintstone improve technology


 Pyro recruiting fastest runners
 Government regulation/potential utility
 Proposed taxes for re services
 Core service becoming a commodity?
 Increasing do-it-yourself mentality
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Statement of Profit & Loss
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Balance Sheet
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CHAPTER – 5
FINDINGS AND SUGGESTIONS
Problems that are faced by me as an intern:
 Hesitant to ask questions
Industry guide is CA of the company so due to this designation of him
many a times I hesitate to ask questions.

 Self Management issue


It was difficult to manage office work with company report as I needed
separate time to devote for the operational functions for the company.

 Unnoticed work
Work done was unnoticed after giving the best and working hard for the
given task.

 Time Management issue


It was difficult to manage time as one of the given tasks was submitted by
me after two days from the given date.

Suggestions to the problems can be:

 Industry guide should take care of the amount of work and type of work
he is giving to intern so as to avoid indulging intern in any kind of clerk
work.

 Company should form separate policies for intern so as to give them


proper training.

 A separate guide should be there to train the interns in every department


who could devote his time in checking the work done by intern.
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 Work done should be justified as per the training he/she requires as an


intern.
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CHAPTER – 6
CONCLUSIONS AND RESULTS

Internship is a really good program as it helped me to enhance and develop my


skills, abilities and knowledge. Thomson Press (India) Limited a good place to
do the internship since it provides numerous benefits and advantages to
practical trainees. I feel lucky to work here as this was the place of my first
experience and I had no idea of the challenges to be faced after putting my foot
in professional world. They provide me with their own places and several
accommodations such as laptops and Wi-Fi. The treatment by the company was
equitable and professional. I have learned from the different units and different
people. I think the six weeks duration for the internship was not enough for me
to learn more in detail about the job. One main thing that I have learned through
this internship is time management as well as self-motivation.
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REFERENCES

http://www.thomsonpress.com/ (the official website).


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CERTIFICATE
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