PRESENTATION FOR VIVA PROJECT

WE LIKE

HARDIK RAJESH THAKKAR HPGD/AP19/0491

 UNDERTAKING BY STUDENT

I Mr. HARDIK RAJESH THAKKAR , having admission No. HPGD/AP19/0491, declare that project work
done for Project We Like is my own work conducted as part of my syllabus.
I further declare that project work has been prepared personally by me after viewing the content
under ‘We Tube, We Lounge and Newswire’ and it is not sourced from any outside agency or any
other student.
I understand that, any such malpractice will result into I being debarred for the subject viva and will
be considered fail for that subject. I also understand that I will have to face very serious
consequences and my admission to the program will be cancelled without any refund of fees. I am
also aware that, I may face legal action, if I follow such malpractice.
I hereby abide to take the viva faculty’s decision as final for evaluation of Project We Like.

__________________________
Signature of Candidate
WE TUBE
1. Contracting Strategy
 

Two Parts: Contract Selection and

Vendor Analysis
Types of Contracts
• Lump sum Contract
• Item Rate Contract
• Cost Plus Contract
• BOT Contract
• Labour Contract

Selection of Contract
• What is my requirement?
• What I need to Achieve?
• Follow standards like IS, BIS and Fidic in drafting “Terms and
Conditions” of the contract.

• Hybrid Contracts
• Modifications allowed even after awarding the contract.
• However, Basics and Ethics kept intact.

• Vendor Analysis

• Identifying Vendor
• After knowing scope of works to be awarded
• Search for vendors and list them for analysis

• List can be prepared from Approved vendor list or Google or

Reference.
• Comparing and short listing shall be done on the basis of
ratings
• Pre-qualification analysis shall be carried out for short
listing vendors

Conclusions:-
• Contracting strategy is to chose right type of contract
• Modify contract as per requirement.
• Award the work at lowest possible price.
2. 900 to 90 lacks – Lessons From
Entrepreneur Journey
Business Idea
• Designer salwar kameez
• Work under someone before starting own – take home
message
Critical Appreciation of Business Idea
• Sleep over the idea
• Discuss with family and friends
• Do research
• Analyze your research
• Scope of business
• Growth
Will my business idea make money
• Market Analysis
• Number Crunching
Can you do it alone Implementation of idea

• Determining team
• Incentivize your team
• Keep lean and mean team

Implementation of idea
• Business plan
• Financial plan
• Mapping of plan
• Pilot project
• Maintaining cash flow

Challenges and Hurdles

• Anticipated and Non-Anticipated Hurdles
• Think out of the box to overcome hurdles…
• Believe in yourself and your idea during stress
• Accept critical feedback
• Keep up commitment

Achievements
• Set a realistic target
• Goal should be clear
• Celebrate smallest of achievements

Future steps
• Expansion plan
• Put together solid financial plan
• Identify different markets
• Identify different people who will help you grow
• Set 3 year plan
  3. Goods and Service tax
Taxes are two types:
• Direct Taxes : On Individuals and Organizations
• Indirect Taxes: Excise Duty, VAT, CST etc.

Goods and Service Tax (GST) – an indirect type of tax.

• GST will make whole nation a unified common market
• Single tax on supply and services

Need for GST:

• To simplify and replace existing multiple tax structure
• Remove cascading Taxes
• In increase tax collection
• Central government formed goods and service network for
development of IT infra and services.

• Infosys is currently developing the GST platform

• Establishment of GST council to monitor the implementation

• GST Rate Structure: 0%, 5%, 12%, 18% & 28%

• Lowest taxes for essential goods and highest for luxury goods.

• Benefits to consumers, governments and businesses

Summary:

• GST is expected to bring major reforms in the economy

• It will take 5 to 6 years to see the effect of GST

4. Implementation of 5S
 

What is 5S:
world class manufacturing system developed by Japanese

Principle:
• Sort out
• Systemize
• Shining
• Standardize
• Sustain

Methodology
• Originated in Japan
• 1st implemented by Toyota Motor Corporation
• Some of the examples of 5S like draw and floor maintenance
were described

Implementation
• Training managerial staffs
• Effective starting of 5STurn 5S into Daily Task

Advantages
• Neat and Clean workplace
• Smooth working
• No obstructions
• Safety increase
• Productivity improvement
• Quality
• Waste reduction etc.
Pitfalls:

• Essential condition for long term success

• Management staff must keep pressure to avoid normal
behaviours

Tools:
• Shadow boxing
• Floor markings
• Singe boards
• Labelling
• 5S tags

Case study on Bombay Dyeing was described before

concluding.
 5. Integrated Supply Chain
Management of McDonalds
UK
• Statistics on UK’s population, food habits etc were highlighted
in the introduction
• McDonalds was started in 1974
• It is the largest food chain in UK
• 3.5 Million Consumers everyday
• $1 Billion revenue in 2010
• Statistics on use of eggs in the year 2011 were briefed to
represent the extent of their use by McDonalds
Awards in UK:
•
RSPCA Good Business Awards in 2008
• RSPCA Good Business Awards in 2009
• RSPCA Good Business Awards in 2010
McDonalds Acquisitions
• Boston Market Chicken Restaurants
• Aroma Coffee Chain
• Donato’s Pizza Chain
• Chipotle Mexican Pizza

• 3 tier pricing structure consisting of value, core and

premium products
• Major Competition was with Burger King and KFC
McDonalds was priced higher than KFC
• Competition Analysis was presented between McDonalds,
Burger King, Subway and KFC. The parameters for
comparison were number of products, profit, franchise and
ownership.
• SWOT Analysis for McDonalds was presented as a conclusion.
WE LOUNGE
 1. SHARAD MATHUR - Sr. VP &
National Head, SBI General
Insurance Ltd.
• 20 years of experience in business management
• Awarded “50 most talented retail professional” by CMO Asia.
• His experience has been new discovery each year with new
learnings.

2 things in business:
• Grow business in revenues
• While growing, keep making investments
•  Insurance happened in 2001.
Motor Insurance has 45% of market share.
• When joined in SBI, prepared retail strategy and 5 year
business plan.
• Managed to rise $3 Millions business to $130 Millions.16,000
SBI branches in India
• The SBI Branches were kept as distribution channels of
Insurance also
• 60,000 to 70,000 costomers come to online portal.
• Whole idea is to expand distribution channels
Potential is huge in rural India with less competition.
• Sales is exiting as one gets opportunity to meet different people
which helps you learn new things.
• He stated that, he represents country more rather than an
insurance person.
• Most interesting article: health insurance, why is it required.
• Hard work is recognized when one gets warded and rewarded.
2. VISHWAS PATEL - CEO,
 

CCAvenue
• Founder of CCAvenues in 2001.
• It is the largest payment gateway.
• South Asia’s No.1 e-commerce service provider.
• It helps collecting money for different merchants from
consumers anywhere in the world.
• Everything is about entrepreneurial skills and not completely
about the technical knowledge
• To be successful, you have to be constantly innovate and
keep doing new things.

First customer: 35 merchants signed up as soon as launched.

• In the initial days, there were some fraudulent transactions
made by Nigerians from Chennai, as soon as it was launched.
Hurdles
• Technical challenges
• Security of cards in the initial Days
• CCAvenues has gone global and offices are there in US,
Singapore etc.
What makes you No. 1 in India
1. Brand Name
2. Track Record
3. Innovations

• Entrepreneurial life did not affect his personal life anytime.

• CCAvenues is in major expansion phase currently with super
growth path.
3.Neelesh Talathi CFO,-
Pepperfry.com
NEWSWIRE
1.WHAT IS THE SWIFT
PAYMENT SYSTEM?
• The Society for Worldwide Interbank Financial
Telecommunication, or SWIFT, is the world’s leading provider of
secure financial messaging services.
• It facilitates trillions of dollars of cross-border payments
between 11,000 financial institutions in more than 200
countries. Each member has its own SWIFT code. Every day,
more than 40 million financial messages are exchanged
securely using the SWIFT platform.
• The SWIFT Standards group maintains several important message
standards.

• Headquartered in Belgium, SWIFT is a global member-owned

cooperative that was founded in 1973 by 239 banks from 15
countries. It went live with its messaging services in 1977,
replacing the Telex technology that was then widely used by
banks to communicate instructions related to cross-border
transfers.
• Following Russia's attack on Ukraine, the EU and the US
announced measures to block selected Russian banks from
the SWIFT payments system

• Without access to SWIFT, Russian banks will find it harder to

communicate with international peers which will slow down
trade and make transactions costlier.
2.TIKTOK WILL NOW LET USERS
UPLOAD LONGER VIDEOS IN
CHALLENGE TO YOUTUBE
• TikTok, owned by ByteDance in China, had bumped the cap to
three minutes last year, and now the limit stands at 10 minutes.
TikTok more than tripling the length of videos comes as YouTube
and Facebook-parent Meta strive to counter the rival with short-
form content options and incentives to creators whose posts draw
audiences...

• Short videos, typically made using smartphones, can be as long as

• Longer videos could also enable TikTok creators make more
money and boost the platforms advertising business, the
analyst added.

• "YouTube creators are the heart and soul of the platform,"

Mohan said in a blog post.

• "To give them every opportunity possible, we'll continue to

invest across our multiple formats."
3.ACTIVE MONTHLY USERS OF
INDIAN APPS, GAMES JUMP
200% ON GOOGLE PLAY IN 2021
• Indian apps and games have been receiving extraordinary interest
from investors and their active monthly user base grew 200 per
cent on Google Play in 2021 compared to 2019, a senior Google
official said Wednesday.
• While announcing the Appscale Academy Class of 2022, Google
Play Partnerships Vice-President Purnima Kochikar said apps and
games built by Indian companies are also finding global
audiences.
4.TOP 3 PERSONAL FINANCE
INSTRUMENTS TO WATCH OUT
FOR IN 2022
• Innovation in personal finance makes our lives easier and allows us
better choices regarding investments, spending, and savings.
Personal finance is rapidly changing with time. In the past few
years, we have witnessed the growth of UPI, e-wallets, Sovereign
Gold Bond, and many more personal finance instruments in India.
• Buy Now Pay Later (BNPL)
• Cryptocurrency
• Silver ETFs
Buy Now Pay Later (BNPL)
• To offer easy access to a credit facility, lending institutions now offer
a loan called Buy Now Pay Later (BNPL). Most leading online
shopping apps and portals now offer BNPLs as a payment option to
their customers. BNPL adoption has exploded in the pandemic, and
it is expected to continue to grow at a rapid rate.

Cryptocurrency
• In the 2022 Union Budget, Finance Minister Nirmala Sitharaman
introduced a 30 percent tax on digital assets. With this move, the
government has cleared fears about cryptocurrency being banned by
the country. Cryptocurrency has seen surging adoption rates in India
despite apprehensions such as lack of regulation and market-linked
Silver ETFs

• For Indians, gold and silver hold both financial and emotional
value, but owning and selling them have challenges. Like gold,
you now have one more asset class to diversify your investment
portfolio with in 2022. In November 2021, the Securities and
Exchange Board of India (SEBI) allowed mutual fund companies
to introduce Silver Exchange-traded Fund (ETFs) in the Indian
market.
5.THIS IS WHAT YOU NEED TO
KNOW BEFORE INVESTING IN
LARGE CAP FUNDS
• Equity Mutual Funds can be classified based on the market
capitalization of the companies in which the funds are invested.
Market capitalization is derived by multiplying the outstanding
number of shares with the market price. The common types of funds
include Large Cap, Mid Cap, and Small Cap, among others.
Understanding Large Cap Funds

• These Open Ended Equity Mutual Funds significantly allocate their assets
in the equity shares of the top 100 companies in terms of full market
capitalization. A minimum of 80% of their net assets is invested in equity
and equity-related instruments. These funds typically invest in
companies forming part of sectors like financial services, consumer
goods, pharma, healthcare, infrastructure, information technology, and
others.
Why Large Cap Funds are most preferred?
•  Large Cap companies are typically well established and have a long
track record. Moreover, the company's information is conveniently
accessible to investors at all points in time. Insights about the companies
6.WHATSAPP BANS 18.58 LAKH
INDIAN ACCOUNTS IN JANUARY,
SAYS REPORT
• WhatsApp received grievances against 495 Indian accounts which
appealed to ban 285 accounts, out of which 24 were banned
• Mobile messaging platform WhatsApp banned 18.58 lakh Indian
accounts in January on the basis of complaints received from
users through its grievances division and the company's own
mechanism to prevent and detect law violators, according to a
monthly report published on Tuesday.
• WhatsApp received grievances against 495 Indian accounts which
appealed to ban 285 accounts, out of which 24 were banned.

• The majority of the 18.58 lakh accounts were banned based on

harmful behaviour detected through tools and resources
deployed by the company in its app.

• The company identifies Indian accounts via ISD code of +91

prefixed before the 10-digit mobile number.
7.WHATSAPP ROLLING OUT NEW
INTERFACE FOR VOICE CALLS:
EVERYTHING YOU MUST KNOW
• WABetaInfo reported that WhatsApp for iOS beta 22.5.0.70 has
brought the updated voice calling interface to some beta testers.

• WhatsApp beta tracker WABetaInfo reported that WhatsApp for iOS

beta 22.5.0.70 has brought the updated voice calling interface to
some beta testers.
• WhatsApp has been rolling out a new interface for voice calls
for select beta testers on iOS devices. The new interface carries
waveforms for group voice calls. This new feature was first
spotted in December and was rolled out for select Android beta
testers. The new development comes days after an update for
iOS devices including iPhone and iPad models where users can
play voice messages in the background. Meaning, users can
play voice messages and audio files outside of the chat
window.
8.GOOGLE ROLLS OUT ANDROID 13 BUT
FOR SELECT USERS ONLY: FROM NEW
THEMING OPTIONS TO PRIVACY FEATURES,
ALL YOU NEED TO KNOW

• Tech giant Google has released the first developer preview of Android
13. The preview has given hints into the areas of focus for Google in
the OS update set to be out this year. Among the features that have
been previewed are upgrades in privacy and theming options and new
language controls, coupled with quite a few back end updates.
• Over this month and the next, the tech giant would be
releasing developer previews before preparing it for a beta
release sometime around April. As per expectations,
Android 13 is likely to be stable in June or July, and it would
be officially released later this year.
9.YOUR MONEY-BENEFITS OF A
DIVERSIFIED PORTFOLIO
• Diversification across multiple asset classes helps protect an
investor’s capital if one sector of the market does not perform well

• Without an investment portfolio in place, investors might be

unprepared for several major milestones in their life. A portfolio with
a diversified mix of investments not only helps to protect the invested
capital but also allows positioning it to earn desirable returns.
How to build a diversified portfolio

• Investors must judiciously allocate their capital to reap the benefits

of being exposed to the risk of the financial markets. Diversification
across multiple asset classes helps to protect an investor’s capital if
one sector of the financial market does not perform well.

Benefits of a diversified portfolio

• Reduces the impact of market volatility: A diversified investment
portfolio helps minimise the overall risk associated with the
portfolio. As investments are made across varying asset classes
and categories, the overall impact of market volatility tends to
decrease.
WINDOWS 11 PRO WILL NEED A
MICROSOFT ACCOUNT, INTERNET
CONNECTION
• Currently, Windows 11 Pro users can avoid a Microsoft Account by
disconnecting a PC from the internet during setup and creating a
local user account

• Microsoft Windows 11 Pro will require an internet connection and

a Microsoft Account during the initial setup phase, the company
has announced.
• Currently, Windows 11 Pro users can avoid a Microsoft Account by
disconnecting a PC from the internet during setup and creating a
local user account.
• New change to Windows 11 Pro won't gel well with several users.