...Business Environment-Unit-V FEB-2014 Unit-V-EXIM policies & FEMA: India’s new EXIM policy- legal framework- initiatives, FEMA – Multi-national companies and FDI.Case 1:- RBI Slaped Rs. 125 Crore on Reliance Infrastructure. A Case Study on FEMA, (Dr. VivekMittal, page no.655) Case2:- China as an Expert Base, (David W. Conklin, page no.574 EXIMPOLICIES Exim Policy or Foreign Trade Policy is a set of guidelines and instructions established by the DGFT - Directorate General of Foreign Trade , in matters related to the import and export of goods in India. The Foreign Trade Policy of India is guided by the Ex port Im port in known as in short EXIM Policy of the Indian Goernment and is regulated by the Foreign Trade Development and Regulation Act, !!" . DGFT #Directorate General of Foreign Trade$ is the main goerning body in matters related to !xim "olicy. The main ob#ectie of the Foreign Trade $Deelopment and %egulation& 'ct is to proide the deelopment and regulation of foreign trade by facilitating imports into, and expand exports from India. Foreign Trade 'ct has replaced the earlier law known as the imports and !xports $(ontrol& 'ct )*+. EXIM Policy Indian EXIM Policy contains arious policy related decisions taken by the goernment in the sphere of Foreign Trade, i.e., with respect to imports and exports from the country and more especially export promotion mea%ure% , policies and procedures related thereto....
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...Ramesh Shrestha did his Bachelor in Business Administration from Tribhuvan University. After completion of his course he joined a reputed bank as an Intern for a period of six month. During his internship period he was placed at the customer service department. Being a person of an extrovert nature, he was naturally friendly, attended all the customers with a smile on his face and readily responded to all the customers’ queries. He liked his job and was highly willing to provide prompt services to the customers in order to make them fully satisfied. Because of his dedication towards his work and very good performance, his boss was happy with him. The management therefore decided to hire him as a temporary employee for a period of next six month. He was then transferred from the CSD Department and placed in Letter of Credit (L/C) Department. One of the reasons why he was inspired was that a job in a bank is much respected in the society which would also enhance his prestige in the community. At the same time banks makes a handsome payment. Ramesh had full confidence in himself. He was very enthusiastic and was willing to make significant contributions to make each customer he serves satisfied and delighted. He knew that if he continued to perform better, his boss would make sure that he received the perks and incentives. In fact, his boss had told him that he would hire him as a permanent staff if his performance during the trial period was good. The targets of Ramesh for...
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...Ramesh Tuladhar is a manager of a production department in Sagar Groups, a firm that manufactures office equipment. After reading an article that stressed the benefits of participative management, Ramesh believes that these benefits could be realized in his department if the workers are allowed to participate in making some decisions that affect them. The workers are not unionized. Ramesh selected two decisions for his experiment in participative management. The first decision involved vacation schedules. Each summer the workers were given two weeks- vacation, but no more than two workers can go on vacation at the same time. In prior years, Ramesh made this decision himself. He would first ask the workers to indicate their preference dates, and then he considered how the work would be affected if different people were out at the same time. It was important to plan a vacation schedule that would ensure adequate staffing for all the essential operations performed by the department. When more than two workers wanted the same time period, and they had similar skills, he usually gave preference to the worker with highest productivity. The second decision involved production standards. Sales had been increasing steadily over the past few years, and the company recently installed some new equipment to increase productivity. The new equipment would allow Ramesh's department to produce more with the same number of workers. The company had a pay incentive system in which workers received...
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...Congress leader Jairam Ramesh on Sunday accused the NDA government of turning the programme to clean Ganga as a "Hindutva project" by attempting to polarize politics through the initiative on the holy river. "Don't look it as a Hindutva project. This is not a Hindutva project. This is a national project. Don't try to polarize politics through Ganga cleaning," Ramesh told the government ahead of the first national dialogue on river Ganga - Ganga Manthan — being organized by the Centre tomorrow. The former environment minister said the government's Ganga Mission programme should be a people's programme and "we must involve society". "But don't make it on sadhus and sant's programme. Ganga is a national river. Ganga defines Indian culture," he said, adding Jawaharlal Nehru also spoke about the role of Ganga in Indian culture. Union and state ministers, MPs, experts, NGOs, sadhus and sants are expected to participate in the day-long brainstorming on Ganga cleaning plan. Spelling out the steps taken by the previous UPA government to conserve the holy river, Ramesh said, "The NDA is going about this whole thing as if nothing has happened." He accused the BJP-led government of not acknowledging the initiatives taken by the UPA including establishment of National Ganga River Basin Authority (NGRBA) for cleaning Ganga. NGRBA was established in 2009 when Ramesh was environment minister. "They are not talking of NGRBA, they are not talking of IIT-River Basin management...
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...RAM RAMESH Office: Residence: Department of Management Science & Systems 82 Prestonwood Lane School of Management, SUNY at Buffalo East Amherst, NY 14051 Buffalo, New York 14260 Ph: (716) 688-6360 Ph: (716) 645-3258 Fax: (716)645-6117 E-Mail: rramesh@acsu.buffalo.edu Web: http://mgt.buffalo.edu/faculty/academic/systems/faculty/rramesh Education Ph.D. Industrial Engineering (Operations Research) (1985) State University of New York at Buffalo (GPA: 4.0. Awarded Ph.D with Distinction) Advisors: Mark H. Karwan and Stanley Zionts M.Tech. Industrial Engineering (1977) Indian Institute of Technology, Madras B.Tech. Chemical Engineering (1975) Indian Institute of Technology, Madras Research Streams • • • • Economics of IT – MSP and Cloud Computing Markets Conceptual Modeling and Ontologies Database Systems and Distributed Computing Supply Chains & Decision Analysis Employment Professor Department of Management Science & Systems School of Management State University of New York at Buffalo (September 1998 - ) Associate Professor Department of Management Science & Systems State University of New York at Buffalo (September, 1990 – September 1998) Assistant Professor Department of Management Science & Systems State University of New York at Buffalo (September, 1984 - September, 1990) 1 Research and Teaching Assistant Doctoral Program in Operations Research Department of Industrial Engineering State University of New York at Buffalo (January, 1981 - September, 1984) Entrepreneur...
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...from 2011 is a short story by the author Maggie Robb. In "Automatic Upgrade" we are introduced to Ramesh, a 26-year-old Indian man, who is travelling by plane with his old grandmother to Surrey, to stay with his sister. Aboard the plane, Ramesh announces, that he intends to quit his career in medicine as a doctor and wants to pursue the many opportunities within the profession of the mobile phone business. The grandmother doesn't take the news very well and she expresses her disappointment extremely openly. Later, after he fell asleep, Ramesh wakes up to find his grandmother completely lifeless in her seat. The aircrew shows infallible professionalism and handle the situation smoothly and without a mess. Ramesh and his grandmother are automatically upgraded to first class, since that is the common procedure in a situation like this. 2- Characterize Ramesh Ramesh is the main character in the short story. A lot of things in the text indicate, that Ramesh and his grandmother are indeed Indians; like the sari clothing that the grandmother wears. Ramesh is 26-year-old and not married. Ramesh has spent 5 years in medical school training to become a doctor, but despite that, Ramesh really doesn't seem all that keen on the whole thing. He is passionate about something completely else. The mobile phone business. Ramesh's family has great expectations for him and his carrier: `'No Ramesh, a doctor in the family, that is progress'' (p. 8, l. 12), which makes it harder for him to break...
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...about Ramesh and his grandmother. They take a flight for visit Ramesh family in Surrey. Ramesh talks with his grandmother about he wants to quit his job as doctor and start in the mobile industry. because he knows there are a lot of opportunities in the mobile industry. The grandmother is not so happy for Ramesh decision. Later on the trip Ramesh wake up and he finds his grandmother lifeless. Ramesh and his grandmother got upgrade to first class because nobody in the plane have to watch the dead grandmother. After they got upgrade Ramesh start thinking about how this could happen on his first plane trip, he also think about what he could do for save his grandmothers life. In the end Ramesh finds a letter to Nani when he says sorry for he couldn't come to his grandfathers funeral. Characterize Ramesh Ramesh is a indian man. He is 26 years old, he is not married. Ramesh has spent 5 years on doctor school, but he's not happy for be a doctor. He wants to work in the telephone industry but his grandmother (Nani) has big expectations for Ramesh future. Ramesh have promised to be a doctor because he not went to his grandfathers funeral. And because he wishes his family are happy. comment on the grandmother and the grandmother's expectations of Ramesh Nani is that type of grandmother who have high expectations for her grandson. for her it's very important he will be a successful doctor and be a good family dad. she is stuck in the old rules and can't see Ramesh want...
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...The story is about a man called Ramesh and his grandmother who are traveling by airplane to a place called Surrey in England, to visit Ramesh´s sister and her family. On the way to Surrey Ramesh tell his grandmother that he is giving up his career as a doctor to work in the mobile phone business. His grandmother thinks he is crazy for giving up his career and they are discussing it a bit. After a while Ramesh falls asleep and when he wakes up he finds his grandmother has passed away, Ramesh is getting nervous and worried about what he should tell his sister. The stewards helps him and his grandmother to first class to avoid the other passengers noticing. The story ends with him finding an old letter in his grandmother´s purse which he wrote to her when he went to medical school, apologizing for not being able to come to his grandfather´s funeral. 2. Characterize Ramesh. Ramesh is an reasonable and polite man he work as an doctor which he has spend five years to train to which his family has paid for his fees. He is giving up his career to work in the mobile phone business because he say there is more money in that type of work than being a doctor though his Nani think it is a stupid idea. It is clear that he thinks of the family by considering changing his career "... his plans to take the family up in the world" but he also think of the farmers and their customers back in India and which opportunities they would have with a mobile phone. Ramesh is 26-year-old and is not married...
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...A summary: Automatic Upgrade Ramesh and his grandmother is on a airplane, while they are travelling to Surrey. While they are on the plane Ramesh and his grandmother talks about him wanting to quit being a doctor and go into the mobile business, which his grandmother thinks that it is a bad idea. After the airhostess passes out the meal, his grandmother passes away. They get moved to first class to avoid people noticing. That makes Ramesh think about what Nani had told him about his mother and fathers’ first flight in first class. While sitting comfortable on the chair in first class he thinks about his training as a doctor, and mostly he was thinking about how the farmers and their costumers would need a telephone to communicate. Later he finds a letter which he has written to his Nani while he was in boarding school. It was a letter excusing that he couldn’t come to his grandfathers’ funeral, with hope and forgiveness when he had finished his education as a doctor. A characterization: Ramesh in the story Automatic Upgrade Ramesh seems to be very kind and caring for his family, especially for his Nani. He seems to be responsible and self-respected man. He really wants to go into the mobile business, but his Nani isn’t agreeing in this matter. He would probably keep being a doctor, to make his Nani happy. For him the family comes first, and their opinions are important to him. Though he has other dreams that he wants to achieve. Ramesh leaves the impression as a caring grandson...
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...Procession and will not receive their certificates. Graduands will remain in GCR 2 & 3 till the formation of the Convocation Procession. Convocation procession will form between 14:30 & 14:50 and will start at 14:50 from the corridor in front of GCR 4. Procession route and composition is described below: Down the corridor in front of Placement Office, FoodScapes, etc., and will turn right in front of the Exam Cell into the connecting passage. From the connecting passage the procession will turn left onto the walkway. Dignitaries and faculty will ascend the stage while the graduating students will move to their respective seats and remain standing. Background music commences at 14:45 hrs. Prof. Radhika Ramesh: “Kindly keep your mobile phones in silent mode.” Prof. Radhika Ramesh: “The convocation procession is entering the venue. May I request the audience to rise? Please keep standing until the dignitaries on the dais take their seats.” CONVOCATION PROCESSION ENTERS THE VENUE – 15:00 hrs: The Chief Guest, Guest of Honour, Campus Head, Deans and Academic Coordinator remain standing in front of their seats, until all faculty members are in front of their seats on the dais and graduating students are in front of their designated seats. Background music is...
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...Engelsk terminsprøve Opgave B Summary The story is about a man called Ramesh and his grandmother. They are on a plane, on their way to England to visit Ramesh´s sister, and her family. Ramesh is studying to be a doctor, but he doesn´t want to. He would like to be a telephone salesman. He breaks the news to his grandmother, and she does not like it. She tells him how disappointed she is, and asks him how she could ever look her neighbours in their eyes again. Ramesh falls a sleep in the plane, but when he wakes up, almost everyone is sleeping. Except his grandmother. She is dead. Ramesh calms him self down, and asks the stewardess for help. They say they want to move her, so Ramesh and his dead grandmother moves up to first class, because there are a lot of seats empty. Ramesh finds a letter in her purse that he wrote her, when his grandfather died. Characterize Ramesh Ramesh is a nice man from India, who puts a lot of honour in to his family. He loves his family and wants to give them a good life. He is not the traditional Indian man, who does what ever his family wants him to do. He does what ever he likes to do. For example. His family wants him to be a doctor, but he wants to be a telephone salesman, so that is what he is going to do. He is a man, who can put ice in his veins. When his grandmother dies, he stays calm, and does what he is supposed to do. He thinks a lot about what his family think of him. He is a single guy, but is easily caught up in a lot of feelings...
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...Executive Summary The purpose of this report is to review and assess the teamwork and chemistry within the newly formed Team Equity. Specific objectives of the report are to overview data gained from the various psychometric indicator tests of each member and to analyse them for any possible interpersonal conflicts which may arise during team activities and offer strong recommendations to the Human Resources Officer to alleviate those conflicts. Conflicts were found relating to how the team would progress through the needed tasks which lead to the completion of the project, differences in acquiring and sharing information, professional conduct, personality differences and differences in mindsets. Recommendations are provided in the report which are presented in order to alleviate the problems and to better the work efficiency of Team Equity of Intelligent Financial Solutions Consultants (Pvt.) Ltd. Table of Contents Contents Executive Summary 1 Table of Contents 2 Introduction 3 1.1 Terms of Reference 3 1.2 Main Points 3 1.3 Personal Effectiveness 3 1.4 An overview to the Evaluation Tests 4 Psychometric Tests and Results 5 Discussion 10 Overall Analysis 12 Problems and Conflicts 13 Conclusion 14 Recommendation 15 Reference List 16 Appendix 1 17 Appendix 2 24 1. Introduction 1.1 Terms of Reference * As the Human Resource manager Mr. Ranjan Ferdinando of Intelligent Financial Solutions Consultants has requested to investigate...
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...THE BEST DEAL Issues As mentioned in the case study, Usop decided to sell his car by parking it outside with a notice stating “ For Sale. One Owner. Best Price RM 8 750. Please call at number 34 Jln Semarak 2, Kuala Lumpur or telephone 03-8251178.” In this case, first and foremost we need to identify this is an invitation to treat or an offer or proposal. An offer should be contrasted with an option and an advertisement. According to Section 2(a), Usop has made an offer or proposal to sell his car with a price RM 8 750 and he provided enough details for an offeree to reach him. The first person who see the advertisement is Sarah. On Monday morning, Sarah called Usop and offer RM8000 to buy the car instead of RM 8 750, the price offer by Usop. However, Usop neither agree or disagree to the offer. Then later, Usop decided to sell his car to Sarah by posting a letter of agreement, however when he read Betty’s notice, he decided to withdraw his proposal to Sarah. The issue arise here, either the acceptance is complete or not? Whether an agreement between Sarah and Usop is properly formed and either Usop can revoke the acceptance once he posted the letter of agreement? If the acceptance is complete and an agreement is formed, there is no question of revocation. On the other hand, the issues between Betty and Usop is regarding the communication of acceptance.Whether the communication of the proposal is completed or not between Betty and Usop and when the communication is completed...
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...Case Challenge Bingo! Mad Angles July 2012 Instructions: Registered Teams will submit a case analysis document comprising no more than 5 pages of single spaced, 12-point font (including illustrations and excluding TOC, Cover page). Along with the word document each team must submit a 10-slide presentation of the case analysis/solution suggested. There is no pre-determined structure to analyse the case. Participants are free to use any format which best illustrates and provides convincing arguments for their idea. Wherever necessary, the participants must make references to the sources of information and data. Case presentations will be judged based on identified criteria – the originality, creativity and uniqueness of the idea will receive the highest weightage; the implementability, sustainability and scalability of the idea; its fit with ITC’s vision and the manner in which it can leverage ITC’s strengths; the thoroughness of research, analytics and economic logic used to defend viability and execution of the idea. Last date for submission of case solutions is 7th August 2012. Teams must send their entries to the email ID provided for the campus. For full details please refer to the Interrobang Season 2 Case Challenge Brochure available with your Campus Point of Contact or contact interrobang@itc.in ITC Interrobang Season 2 Case Challenge : Bingo! Mad Angles Bingo! Mad Angles ITC Interrobang Case Challenge 20121 The early 2000’s at ITC Limited Headquarters,...
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...not offers whereas advertisement of unilateral contracts are construed to be offers. In the case reference to Carlill v Carbolic Smoke Ball [1893] the advertisement is a unilateral contract was held to be an offer, this is most special. The offer is an offer must be true, rather than an invitation to treat. The invitation of treatment is a quote from one party to another invitation. In this assignment there have both perspectives in the advertisement; there can be an offer or invitation to treat. (Wu, M, A., Vohrah, B., 1991) The offer is one person to another person, plus hinted that he was willing to accept the proposition propositions. In the case, when the advertisement is an “OFFER”, Sue will become an offeror then Rose, Ryan and Ramesh will become an offeree. (Nor Sa'adah Abd. Rahman 2011.) Rose v Sue In the first case Rose v Sue, the legal issue is depend on the element of agreement is offer, counter offer, acceptance of counter offer ,seeking of more information and revocation. In the material facts, Rose see that offer from Sue there are RM40, 000 and calling to Sue, and Rose make an offers of RM35, 000. Sue need to consider then Rose must hear from her by 9:00 pm then Sue was agreeing to sell on Rose term. But at the night on 9:30pm Sue asks Rose to ignore that letter. The apply law to facts of this case Sue and Rose, Rose was telephone Sue and discussed price with Sue, Sue would like to consider. Rose tell Sue must heard from her by 9pm. Sue is agree her price...
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