Professional Documents
Culture Documents
Final NTCC Project
Final NTCC Project
Final NTCC Project
PARTIAL
BBA (2017-2020)
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AMITYUNIVERSITY – UTTAR
PRADESH
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CERTIFICATE OF ORIGIN
This MINOR PROJECT report has the requisite standard for the partial
fulfilment
the Under Graduate Degree in Business Administration. To the best of our
knowledge no part of this report has been reproduced from any other report
and the contents are based on original research.
I am aware that in case of non-compliance, Amity School of Business is
entitled to cancel the report.
Signature
(Student)
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ACKNOWLEDGEMENT
Signature
(Student)
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DECLARATION
I hereby declare that matter in the project report entitled NUVOCO VISTAS
CORPORATIN LIMITED, which is submitted to AMITY SCHOOL of BUSINESS, is
original work. Wherever work from other sources has been acknowledged and
referenced in accordance with the requirement of NTCC regulations and
guidelines. I have also not used work previously produced by other student to
submit it as my own. The work adheres to the guidelines and regulations of the
project.
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SERIAL TOPICS PAGE
NUMB NUMB
ER ER
1. INTRODUCTION 8
2. HISTORY 9
3. DETAILS 10
4. MAIN PLANTS 11
8. HR POLICIES 19
9. SWOT ANALYSIS 21
11. CONCLUSION 27
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INTRODUCTION
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HISTORY
NUVOCO VISTAS CORPORATION LIMITED has been a piece of indian development
scene since 1999; through its bond business. They have of now six bond and near sixty-five
prepared blend solid plants in India. They have a set up nearness over every single significant
city and towns in India through their operations across two business divisions:
In 1864 LAFARGE marked its first worldwide contract for the conveyance of 110000 tons of
lime of the Suez Canal development venture. In 1980 Lafarge joined with Belgian coal, coke
and manure organisation coppee to become SA LAFARGE COPPE.
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DETAILS
LAFARGE acquired a plant from the National GYPSUM in mid1987, after ten year, it
purchased Redland plc, a main British quarry administrator.
In 1999, Lafarge obtained 100% shareholding in HIMA CEMENT LIMITED, the second -
biggest concrete maker in UGANDA, with introduced limit of 850000 metric tons every year,
as of January 2011. IN 2006 LAFARGE north America investors acknowledge a$3 billion
delicate offer from Lafarge group which gave the parent organisation full power over the
NORTH AMERICAN business. Expelling LNA from the new shares. In 2001, it stripped its
material division, pitching it to a private vale aggregate in an arrangement that brought about
Lafarge holding a 35% vale stake.
On 15 May 2008 Lafarge picked up Larsen and tourbo ready mix-concrete business in India
for $349 million.
In 2010, Lafarge fortified its quality in Brazil (simultaneousness with Lafarge and
STRABAG to make a run of the mill association in cement in central Europe).
In 2011, Lafarge sold to Boral its stake in their normal Asian Gypsum joint experience
LGBA (LAFARGE BORAL GYPSUM ASIA)
IN 2011 Again Lafarge SA detailed it would build a bond plant in Langkat, North Sumatra,
Indonesia with endeavour up to RS 5 trillion $585 million.
Lafarge impelled three plants in HUNGRY, SYRIA and made a joint experience with
ANGLO AMERICAN in the United Kingdom.
The group sold a vast bit of its European, South American, Asian and Australian Gypsum
assignments.
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MAIN PLANTS
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I have taken reference to CSR MANAGER OF JOJOBERA CEMENT PLANT and he
provided many information about the company. While speakme to PRO of the Company,
I came to realize that HOLSEM and LAFARGE each determined to merge globally and
as we know, they each are MNC (Multi National Company).
When each the company merged than the Indian authorities told the MNC’s that in jap part of
the us of a five million ton of stake is greater or the ability is greater of the business
enterprise in Japanese part of India is greater, so that they must various it however in Eastern
a part of India the primary or main plant’s that were LAFARGE Jojobaera cement plant
Jamshedpur and Sonadih Cement Plant Chhattisgarh.
Some more records approximately NUVOCO VISTAS CORP. LTD. (previously Lafarge
India ltd.).
I even have accrued a few extra facts approximately the agency with the aid of journeying
again the organisation. I actually have also talked to Mr Atul Kumar who is PRO (Public
Relation Officer) in NUVACO Jojobera Cement Plant, Jamshedpur.
NUVOCO VISTAS CORP. LTD. (previously Lafarge India) has been the a part of the Indian
construction landscape since1999; thru its cement enterprise. They currently have six cement
and close to sixty-five ready blend concrete flora in India. They have and set up presence
across all foremost cities and cities in India. Their operations across to commercial enterprise
divisions are:
1. Cements
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CEO & EXECUTIVE MANAGERS
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Devendra Shangari
Human Resources & Industrial Relations
Mr. Devendra Shangari has been going Human Resources and Industrial Relations for
Nuvoco over all enterprise traces considering 2014. Mr. Shangari joined Nuvoco in 2002 to
go Personnel and Administration at Nuvoco's Arasmeta Cement Plant, and later moved to
Kolkata to soak up a process as BU Training Head in 2006. Following a12 months, he turned
into going HR Operations and changed into in rate of HR and modern-day relations for all
bond plants and undertaking locales within the East. Amid this time, Mr. Shangari moreover
strengthened Lafarge Bangladesh as Head of HR for about a year.
Joydeep Chatterjee
Special Projects, CSR & Corporate Affairs
Mr. Joydeep Chatterjee heads the Special Projects, Corporate Social Responsibility (CSR)
and Corporate Affairs features at Nuvoco. Mr. Chatterjee joined Nuvoco in 2008 as Senior
Vice President of Green-discipline Projects; in which he effectively commissioned the
Rajasthan, Bhivani and Sonadih Railway line initiatives. In 2012, he was made Chief Project
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Officer; and in September 2016, he turned into given extra duties of overseeing the
organisation’s CSR sports. He has been heading Corporate Affairs for Nuvoco considering
May 2017.
Maneesh Agrawal
Mr. Maneesh Agrawal joined Nuvoco as Chief Financial Officer in October 2017. He is
responsible for the overall Finance function of Cement and Ready-Mix Concrete (RMX)
businesses at Nuvoco; comprising of Corporate Finance, Operational / Business Finance,
Banking, Treasury, Funds Management, Working Capital Management, Accounts, Audit,
Direct & Indirect Taxation, Shared Serives, Information Technology, Internal Financial
Controls, Policies & Processes, and Insurance.
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Ms. Madhumita Basu heads Marketing, Innovation, Strategy and IT for Nuvoco’s all business
areas. Ms. Basu took rate of heading Innovation for Nuvoco in April 2017; wherein she
drives the employer’s 5-degree innovation method through its world-class Construction
Innovation Development Centre. The Centre is a hub for growing new products from factor
of conception to marketplace creation; it also nurtures dynamic partnerships to develop clever
and applicable construction technology.
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As we can see from above table that in 2017-18 amount of CLINKER in the company was
less because in the year 2017-18 CLINKER and SLAG came to company by road and not by
train. CLINKER is a powder like thing which is one of the raw of materials use to become
cement and concrete.
As in the year 2016-17 the profit was 72cr and in year 2017-18 it was only 34cr which not
even the half of previous year.
The only and good thing increased is the capital employment up to 200 cr.
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HR POLICIES
After the principal length of enrolment, confronted other HR demanding situations within the
territories of,
• Retention structures,
One of the most noteworthy gaining knowledge of got here through being a bit of a pass-
sensible institution in a Business Process Reengineering undertaking. The interest become on
mapping cutting-edge commercial enterprise strategies and building efficiencies,
benchmarking our execution measures with world elegance touch focuses.
Company’s expectations with respect to business ethics are contained in the Code of
Business Conduct and Ethics (the “Code of Conduct”).
Employees are required to report actual or suspected violations of applicable laws and
regulations and the Code of Conduct, and Company has an obligation to ensure that there is
a procedure in place to enable the reporting of such violations.
This Vigil Mechanism and Whistle-blower Policy (the “Policy”) sets out the procedure to be
followed when making a disclosure.
This Policy applies to all Employees, regardless of their location. Violations will result in
appropriate disciplinary action. Please familiarize yourself with this Policy, and seek advice
from the Legal Head, if any, questions arise.
In this Policy, the following terms shall have the following meanings:
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Audit Committee: It provide the overview of the financial report process, all
rules and regulation in the organisation, system of internal control and the
audit process.
Code of Conduct: It is a set or a series of rules and regulation, responsibility
and social norms which is practiced by the people in the organisation.
Employee: The employ in the company must follow all the rules and
regulations in the company.
Ethics Committee: It ensures that the human research and medical
experimentation are carried in ethical manner.
Protected Disclosure: The workers are not allowed to disclose any of the
information of the company outside.
Reportable Matter: The workers working In the company are allowed to
report anything wrong happening in the company and organisation as soon as
possible to top level management.
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SWOT ANALYSIS
STRENGTH-
WEAKNESS-
OPPORTUNITY-
THREATS-
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After interaction with the two partners in the company who load and unload racks, safety etc.
Their firm name is A.K TRANSPORT.
OWNER IN AK TRANSPORT
They have their own machines and vachicals and around 100 human capital working in the
plant.
Their main headache is the safety of the labours working under them.
They have given me details of safety and some information, which are as follows-
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This person is working at Height without any precaution because of safety the man has to
wear full body harness.
If any worker working above 1.8meters then they have to take permits as a permission and
take caution while working in the height which they have to wear harness.
This is 40ton EOT crane. It's one of the strongest lifting Crane in India only available in few
industries.
Safety theme is always displayed by the top-level management of the company. In 2019
safety theme was displayed by the help of 5S:
SORTING: It removes unnecessary materials and tools from a work space. This
process frees up space for the process and it keeps only what is needed during the
time of process.
SET IN ORDER: It organise the tools, machines and materials which is required
during the process.
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SHINNING: Cleaning of the work area, tools and equipment’s clean. Clean work
area prevents clutter or dirt from hiding potential problems and improves the work of
the equipment.
STANDARDISING: Summarizing what is being done.
SASTAIN: keep track for outgoing process. Track of proper evaluation,
communication and ongoing training.
Safety meeting is carried out by our plant VP (vice president) Manoj Aggarwal Gate meeting
is being organised by top management Every 1st day of the month we organise gate meeting
And we have safety theme for every month Like for e.g. working at Height, Housekeeping,
road safety etc Silicosis awareness program Organised by our safety chief Go green
campaign Avoid plastic bags These are daily toolbox talk.
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Some of the real image of the company:
DEMONSTRATION FROM VC
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UNLOADING OF RACKES
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CONCLUSION
Lafarge Holcim proclaims it has entered into a letter settlement with Nirma Limited difficulty
to approval through the Competition Commission of India (CCI) for the divestment of its
interest in Lafarge India for an employer price of approximately USD 1.4 billion. Lafarge
India operates 3 cement flowers and two grinding stations with a complete ability of round 11
million tonnes in step with annum. The organization additionally markets aggregates and is
one among India’s main geared up-mix concrete manufacturers. The proceeds from the
divestment may be used to reduce debt in addition.
Eric Olsen, CEO, stated that this agreement is a vital step in. Five billion divestment
program. With this deal, third of the program has been secured and the remainder of this
system will be on track. He confident that they will able to meet their goal by 12months.
With the proposed consumer they have got located in the proper associate who can be able to
expand the commercial enterprise in addition inside the interest of all their stakeholders.
BIBLOGHRAPHY
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