Meets / Discussions
Post Budget Panel Discussion 2017
Jagannath International Management School (JIMS) Kalkaji hosted a panel discussion on Union Budget 2017-18 at its premises on 8th February 2017 after the budget was announced by the Finance Minister on 1st February 2017. The panel consisted of Mr. T S Ahluwalia, Managing Committee Member, FIEO, Dr. R P Tulsian, Associate Professor, ShaheedBhagat Singh (E) College, University of Delhi , Mr. LohitVatsa, Consultant, Tax & Regulatory Services, Ernst & Young LLP, Mr. Inder Mohan , Vice Precident , Kotak Mahindra Bank and Dr. (Cdr.) Satish Seth, Director General and Dr. J K Batra, Director , JIMS Kalkaji.
Prof. Satish Seth, Director General of JIMS, Kalkaji in his welcome address highlighted the major aspects of budget covering income tax reduction, tax benefits for senior citizens, budget allocation on infrastructure and rural sector, initiatives taken by government for strengthening MSMEs in India. Opening the discussion, Dr. J K Batra, briefed how post demonetization the union budget is going to boost sentiments of investors and will increase the investment and consumption demand in the economy and to what extent the present budget has taken care of interest of salaried employees with special reference to private sector employees, he also highlighted the factors resulting in tax compliance in India.
Mr. Ahluwalia, shared his views on export promotion measures taken in this budget. He highlighted that the only plus of Budget 2017 for export units is reduction in tax rate to 25% on MSMEs on earnings up to 50 crore. He also highlighted challenges faced by exporters in context of less than 2 % US growth rate, Britain exit from European Union and increasing oil prices, which captures almost 70% of India’s export market as well as negligence of leather industry in India and higher cost of borrowings. Dr. R P Tulsian expressed his optimist approach of budget in post demonetized scenario, he also shared the benefits of savings in tax saving schemes promoted by government and capital gain tax benefits with change in base year. He made students realize that tax abiding citizens are the only people who can remain happy in India. Mr. LohitVatsa, highlighted reforms in real estate sector post demonetization and also shared his views on the positive impact of exemption to Foreign Portfolio Investors (FPIs) from indirect transfer provisions under the Income Tax Act on capital market of India, as well as the benefits of extension of time limit to claim MAT credit from existing 10 years to 15 years on corporate margins. Mr. Inder Mohan had shared his views from banking perspective. He highlighted how electronic documentation of export and import has helped corporates to reduce their transaction cost by 7 -8% and has equally helped banks to enhance their operational efficiency. He also made students realize importance of incorporation of digitization in banks and financial sector. The panelists discussed the budgetary allocation in the area of ‘Infrastructure and Rural Sector ’. The panel discussed the incentives being given to the new manufacturing companies and small enterprise companies to boost the Start-Up in India as well as the move to fiscal prudence of government by keeping the fiscal target of 3.2% but also highlighted the constraint in terms of absence of GST income in Budget 2017, making income receipts of the government incomplete.
Dr. Neelam Tandon, Associate Professor JIMS Kalkaji, the moderator for the panel discussion highlighted the positive impact of fiscal deficit target 3.2% of GDP (of $2 trillion economy) on bond markets, resulting in handsome profits in banks ‘books. That can be used as crucial capital infusion by banks to tackle the burden of NPAs and allow low credit off take. She also highlighted the biggest challenge for the government is to increase the tax to GDP ratio. The questions floated by her to panelist were about what fiscal measures have been taken in Budget 2017 to consolidate fiscal deficit in post demonetized Indian economy, What measures government has taken to enhance the domestic demand post demonetization, how this budget taken care about agriculture, research and development and higher education for sustainable, equitable and inclusive growth of human dividend of India.
The panel discussion was followed by a Q&A round which saw the enthusiastic Jagannath International Management School (JIMS) Kalkaji students engaging in a discussion with the eminent panel. The post-budget discussion at Jagannath International Management School (JIMS) Kalkaji was encouraged so that it equips students to have deep insight of Union Budget 2017 from experts’ perspective. It created awareness and gave the students an opportunity to opine on Income tax matters and factors affecting economic growth of the country. Such discussions add value to the core knowledge of young and bright minds of the future of this country. This was an enriching experience for the students and the effort was appreciated by all.
Alumni Meet 2016
The JIMS Annual Alumni Meet 2016 was held on Saturday, December 17, 2016 at Chelmsford Club, New Delhi. Alumni members along with faculty and staff members attended the programme. The Hon’ble Chairman, Director General, Directors of Kalkaji, Lajpat Nagar & Vasant Kunj campuses welcomed all the Alumni Members. Na Real Awards grabbed huge attention where random alumni were identified amongst the crowd and asked to perform some activity. Many alumni also mentioned their experiences of their JIMS tenure by writing brief small messages on the story board kept at the venue. Down the Memory Lane was full of emotions and excitement in which faculty members quoted some interesting incidents about the alumni members during their campus days. Mr. Bhanu Pratap Singh Parmar of PGDM (2012-14) and Mr. Pallav Bajaj of PGDM (2011-13) were awarded as the “Distinguished Alumni 2016”. The Alumni Meet ended with a rocking DJ and sumptuous dinner.
Visit of Nyenrode New Business School (NNBS), Netherlends Students
As a part of International Exchange programme, JIMS Kalkaji conducted a one day programme on 21st November 2016 for students of Nyenrode New Business School (NNBS), Netherlends. Professor Dr. Martijn Appelman and Ms. Kiyoko Yoshi, faculty members, NNBS accompanied the students. The day witnessed a heartfelt traditional welcome to all the representatives from NNBS followed by a welcome address by Director General Dr. (Cdr.) Satish Seth and key note address by Honorable Chairman, Dr. Amit Gupta. The NNBS students along with JIMS students exchanged views on “Adopt, Adapt, Improve” through interactive and lively group discussion and presentations. The students appreciated the guest lecture by Mr. G.P. Rao, Former Vice President (HR), Reliance Industries Ltd. on the topic “Cross Cultural HR Management”. This was followed by a lecture cum demonstration session by Ms. Sanya Tyagi on “Benefits of Yoga in Daily Life”. The students and faculty members actively participated in the session and performed various Yogic Kriyas and aasans too.
The students and faculty from NNBS also witnessed a cultural programme organized by JIMS students on varied themes of Bharatnatyam, Mohiniattam, Rajasthani folk, Gujrati and Punjabi Bhangra which was indeed thrilling and enchanting experience for them as it gave them a live glimpse of India’s varied and rich culture and heritage. Mementoes were presented to all the students and faculty from NNBS by the Chairman, Dr. Amit Gupta and vote of thanks was given by the Director, Dr. J. K. Batra.
Students Exchange Programme to Cologne University, Germany
A group of PGDM and PGDM (IB) batch 2015-2017 students went to Cologne University, Germany under our flagship strategic partnership programme of students exchange. Students felt most enriched as they learnt the curriculum of global strategy, international risk management, cross cultural management through simulation exercises and team activities. This international exposure has successfully enabled them to exercise independent decision making, and become experts on multiculturalism and various application softwares.
POST BUDGET PANEL DISCUSSION on 5th Mar, 2016
Jagannath International Management School (JIMS) Kalkaji hosted a panel discussion on Union Budget 2016-17 at its premises on 5th March 2016 after the budget was announced by the Finance Minister on 29th February 2016. The panel consisted of Mr Jyotirmoy Jain, Secretary General, Chamber of Indian Micro Small and Medium Enterprises, Dr G K Arora from Khalsa College Delhi University, Mr Harsh Biyani from PWC, and Dr. J K Batra, Director , JIMS Kalkaji. Dr.(Cdr.)Satish Seth, Director General gave a welcome address to all the distinguished guests, faculty and students.
Opening the discussion, Dr. J K Batra, briefed how India remained in the bright spot in this gloom, turning difficulties into opportunities. With India s growth expanding to 7.6%, with stability and opportunity, how it has brought big relief to the general public. To share an insight Mr Harsh Biyani talked about how the budget was people centric and the general public will be much benefitted by the various schemes laid down in this budget. He shared on ‘The Financial Sector’ on taxation and impact of financial sector reforms in the current economic scenario.
Dr G K Arora emphasized on how the budget is effective and explained about the history when the budget was released to the current budget and how it has marked a difference in the minds of people and discussed about the fiscal deficit and GDP growth rate escalating to 8.5% in 2016-17. Mr Jyotirmoy Jain stressed upon the fact that the success of the budget is primarily determined by individual tax payers by the changes in tax slabs and how the current budget is different from the previous one and budget allocations for Agriculture and Farmers Welfare, Social Sector including Healthcare, Education, Skills and Job Creation.
The panelists also discussed the budgetary allocation in the area of ‘Infrastructure and Industry’. The panel discussed on the move to provide 100% tax exemption, for the start-ups, for the 3 years is a major step toward pushing more number of Entrepreneurs in India. Also, the incentives being given to the new manufacturing companies and small enterprise companies will give a boost to the Start-Up India initiative. The panel discussion concluded with a summary of discussion by Dr J K Batra, Director, JIMS Kalkaji. The panel discussion was followed by a Q&A round which saw the enthusiastic IJagannath International Management School (JIMS) Kalkaji students engaging in a discussion with the eminent panel.
The post-budget discussion at Jagannath International Management School(JIMS) Kalkaji was encouraged so that it equips students with knowledge sharing opportunities. It created awareness and gave the students an opportunity to opine on matters that will affect them directly or indirectly. Such discussions will keep the tradition of learning and sharing ideas alive in the young and bright minds of the future of this country. Ms. Gopika Kumar, Assistant Professor, JIMS Kalkaji delivered the Vote of Thanks which concluded the event. This was an enriching experience for the students and the effort was appreciated by all.
Alumni Meet 2015
The JIMS Annual Alumni Meet 2015' was held on Saturday, December 19, 2015 at Chelmsford Club, New Delhi from 6:00 to 10:00 pm. 547 Alumni members along with 53 faculty & staff members from all campuses attended the programme. The Hon’ble Chairman, Director General, Directors of Kalkaji, Lajpat Nagar & Vasant Kunj campuses welcomed all the Alumni Members. The alumni members got their photographs clicked at the special counter in groups and also along with the faculty members and obtained the printed copy at the venue itself. Many members also mentioned their experiences of their JIMS tenure by writing brief small messages on the story board kept at the venue. The first ever “Crystal Anniversary” awards were given to Eight of the alumni members of the Batch 1997-2000 of BBA programme of Kalkaji campus for their 15 years of distinguished association as an Alumni Member of our Institute. Mr. Amandeep Singh Kochar of PGDM (2008-10) was awarded as the “Star Alumnus 2015” for Kalkaji and Ms. Anuvi Sharma of BBA 2010-13, Mr. Abhijeet Singh of BBA (2011-14), Mr. Rajneesh Tomar of PGDM (2007-09), Mr. Abhishek Mittal of PGDM (2009-11) and Ms. Arshi Bhatia of PGDM (IB) 2010-12 were awarded as the “Distinguished Alumni 2015”. They all were awarded with a Trophy, Gift and a bouquet. The Alumni Meet ended with a rocking DJ and sumptuous dinner.
Visit of NNBS Students
JIMS students are provided with a number of opportunities for developing a holistic vision. One such opportunity is through strong and self sustaining exchange programmes of JIMS which help in overall development of students and also enhances academic standards. An international exchange programme facilitates flow of ideas between academic institutions. Joint activities provide better understanding of the methods and programmes of the partnering school and enhance skills of students.
A two day programme was conducted for students of Nyenrode New Business School (NNBS), Netherlends who visited the campus on 23rd November 2015. Professor Jaap Huffnagal and Mr. Laurens van Leeuwen, faculty members accompanied the students. The First Day witnessed a heartfelt traditional welcome to all the representatives from NNBS followed by a welcome address by Director General Dr. (Cdr.) Satish Seth. Professor Jaap Huffnagal and Laurens van Leeuwen also addressed the audience. The NNBS students along with JIMS students exchanged views on business environment in India and Netherlands. Two guest lectures were also organized for the students. Mr. Avinash Agrawal, Senior Vice President, EKO Financial Services shared with the students the opportunities in India for Entrepreneurship and Mr. Ashwin Bhatia, M.D from Cosmic Aluminum shared his knowledge on legal aspects of starting an enterprise in India.
On the second Day there were active presentations by different groups on Entrepreneurial Environment, Major Challenges and Laws and Legislature. The students and faculty from NNBS also witnessed a cultural programme organized by JIMS which was indeed thrilling and enchanting experience enough for them to come back for another exchange in future. Mementoes were presented by Director General Dr. (Cdr.) Satish Seth to all the students and faculty from NNBS. JIMS has been seeking to establish an increasing number of such exchange programs which provide varied learning opportunities to exchange students.
Post Budget Panel Discussion-2015
A panel discussion on the Union budget 2015 was organized in the auditorium of JIMS Kalkaji on 5th March, 2015. The main focus of the discussion was on the topic “A budget for economic growth and development concerns-need for fiscal discipline.” The Panel consisted of highly eminent and practicing professionals including Mr. Jyotirmoy Jain, Senior Adviser and Head, Banking & Finance Division, ASSOCHAM, Mr. G K Kedia, Senior Chartered Accountant and Tax Consultant, and Mr. R. P. Tulsian, Associate Professor, Shaheed Bhagat Singh (E) College, Delhi University. Dr (Cdr) Satish Seth, Director JIMS Kalkaji gave the welcome address and Dr. J.K. Batra, Dean gave the vote of thanks. The panelists made an incisive analysis of the new budget, its implications, current fiscal situation and imbalances, changes in expenditure pattern, GAAR implementation and its impact on foreign investment flow to India, importance of less government and more governance, new policy of revenue sharing of the new government, direct tax proposals provided and its impact on industry and economy. The session saw a great participation by the students and they also asked quality questions to the speakers.
Alumni Meet 2014 on 13th December, 2014
The 'Annual Alumni Meet' was held on Saturday, December 13, 2014 at Chelmsford Club, New Delhi from 6:00 to 10:00 p.m. Cool winter breeze coupled with soft music playing in the background served as the prefect backdrop for the event. 430 alumni members along with 60 faculty & staff members from all campuses attended the programme. The function was presided over by the Directors of JIMS Kalkaji, Vasant Kunj, Lajpat Nagar and Greater Noida who welcomed all the Alumni Members for their presence at this homecoming ceremony and spoke of the strong bonding and continuous reciprocal relationship between the Alumni members and the Institute. The Alumni members took this opportunity of meeting their classmates, sharing their work experiences, discussing their growth and current profile with faculty members. The audience was entertained with the magic repository of games, on spot photo shoot and other activities. Many members also mentioned their experiences of their JIMS tenure by writing brief small messages on the story board kept at the venue. The Best Alumnus Award-2014 was given for each campus by respective Directors with a Gift Coupon, trophy and bouquet. The Best Alumnus Award for JIMS Kalkaji was awarded to Mr. Gaurav Nath Mathur, Deputy Manager, Marketing, GAIL of 2002-04 MBA batch. The Alumni Meet ended with a sumptuous dinner.
JIMS-Nyenrode New Business School
A team from Nyenrode New Business School (NNBS), Netherlands, comprising 20 students and 2 Professors visited Kalkaji campus on 24th November, 2014.A Special Lecture was conducted by Mr. G.P. Rao, Ex-Senior, Vice President, Reliance Industries Ltd. on “HRM -New Trends in India”. A Workshop was also conducted by Mr. Manmohan Bhutani, Vice President (People and Operations), Fi serv India (P) Ltd. on “Business Implications on HRM”. Both events were most interactive and appreciated by the foreign students.
On 25th of November, 2014, Group Discussion was conducted on the topic "Adopt, Adapt and Improve". The GD helped both the students to know more about each other’s cultural orientation, ideas, technology, beliefs and also their economic and legal system. Thereafter, Director Dr. (Cdr.) Satish Seth introduced two management games. The games helped the students to apply their analytical and decision making skills in survival situations. The second management game was an ESQ questionnaire which helped them to judge their emotional quotient.
All in all, it was a fruitful two days of meeting, interacting and understanding students from a modern country with different cultural orientation and outlook.
National Unity Day on October 31, 2014
To commemorate Sardar Vallabhbhai Patel's legacy our Prime Minister, Mr. Narendra Modi declared October 31, 2014 as ‘The National Unity Day’, to spread awareness about Patel's contribution to Indian history.
The Institute celebrated the same in the auditorium of the campus. The spirit of motivation and unity was amplified with a presentation on Sardar Vallabhai Patel along with a documentary on his life. Students from PGDM also expressed their gratitude towards his sacrifices for the nation and also pledged for the spirit of unity. Towards the end, National Anthem was played to integrate the spirit of patriotism.
Panel Discussion: Retailing in India- Issues, Challenges and Prospects on 18th Oct, 2014
A Panel Discussion on "Retailing in India- Issues, Challenges and Prospects" was organised on 18th October 2014. The eminent panelists included Mr. Kishore Chakraborti, Vice President, Consumer Insight and HFD (Human Futures Development), Mr. Ranjan Paul, India Country Manager and Director, Net Serv India Pvt. Ltd. and Mr. Pradeep Narula, Group President, Wave Inc.
The eminent speakers highlighted the fact that India is the most attractive retail destination today with abandon on opportunities, growing at 25% - 30% and is estimated to be $ 470 billion. The organized retailing with 6% shares stands at $ 26 billion. It is projected to reach US$ 1.3 trillion by 2018 with the organized retail market estimated to grow at the compounded annual growth rate of 40%. The discussion revolved around an irreversible change in consumer buying habits and businesses related to serving these retailers. However, unlike many other countries, India has its own unique character of size, geographical spread, cultural diversity and multiplicity of formats being introduced at quick succession. Retailers also face the challenge of development infrastructure, on their own or in cooperation with the government.
Recent retail trends, opportunities for national and international players was also discussed. The panel acknowledged the deficiencies and problems related to backward and forward integration of supply chain, setting up of physical retail stores, training and management of sales force. The discussion was a rich learning experience for the audience.
Corporate Awards Ceremony
In pursuance of our industry-academia partnership, the 'Corporate Awards Ceremony' which is held each year to appreciate the contribution of the corporate for their active participation and support in the key activities of the Institute like Summer Internships, Guest Lectures, Final Placements, Seminars/ Conferences/ Workshops, Mentoring, Industrial visits and much more. This year also this Ceremony was conducted on Friday, September 19, 2014 at The Park Hotel, New Delhi.
The guests were welcomed by our Dean, Dr. J.K. Batra, and Corporate Relationship Manager, Ms. Anupa Sen. Our cognizant and valuable dignitaries were felicitated by our Honorable Chairman: Dr. Amit Gupta andthe awards ranged in the various categories like Best Recruitment Award for various positions like 'Officer-Sales and Marketing', ‘Sales Trainee’, ‘Best Recruitment Award- Ecommerce’, ‘Best Recruitment Award- Insurance’, ‘Best Recruitment Award- Finance’, were presented. The Corporate like ITC, Asian Paints, ICICI Securities, Deloitte, Havells, HT Media, Shine.com, 99acres.com, etc. graced the ceremony. An enthusiastic response from the delegates with their commitment to the long-term association in carving enviable career paths for our students was made vividly evident
Budget Panel Discussion
A panel discussion on the Union budget of 2014-15 was organized in the auditorium of JIMS Kalkaji on 12th July, 2014. The Panel consisted of highly eminent and practicing professionals including Mr.Subhash Lakhotia, an eminent tax advisor, Mr. Devendra Kumar Pant, Chief Economist and Senior Director (Head – Public Finance) India Ratings & Research, a Fitch Group Company, Mr. Ashwani Taneja, CA, RRA TAXINDIA, and Mr. R. P. Tulsian, Associate Professor, Shaheed Bhagat Singh (E) College, Delhi University. Dr (Cdr) Satish Seth, Director JIMS Kalkaji gave the welcome address and Dr. J.K. Batra, Dean gave the vote of thanks. The panelists made an incisive analysis of the new budget, its implications, current fiscal situation and imbalances, impact of fresh tax proposals, changes in expenditure pattern and its impact on different segments of the society. The students found the discussions highly illuminating.
JIMS, Alumni Meet held on Dec 14, 2013
The 'Annual Alumni Meet' was held on Saturday, December 14, 2013 at Panchshila Club from 7:00 to 10:00 p.m. 474 Alumni members from all campuses attended the program alongwith 52 faculty & staff members. The function was presided over by Dr. Amit Gupta, Chairman, JIMS and Directors of JIMS, Vasant Kunj, Lajpat Nagar & VK-II also graced the occasion.
Our Chairman welcomed all the Alumni Members for their presence at this homecoming ceremony and spoke of the strong bonding and continuous reciprocal relationship between the Alumni members and the Institute. The Alumni members took this opportunity of meeting their classmates, sharing their work experiences, discussing their growth and current profile with faculty members. Mr. Madhukar Malhotra, a popular anchor entertained the audience with his own style by involving some of the alumni members. The Best Alumnus Award-2013 awards were given for each campus by the Chairman with a Gift & a Trophy. The Best Alumni Award for PGDM was awarded to Mr. Manish Dhingra, Deputy Manager, Corporate Finance, Essar Steel India Ltd. of MBA Batch 2004-06 and for BBA was awarded to Mr. Abhinav Jain Batch 1998-2001. The Alumni Meet ended with a sumptuous dinner.
A delegation from Nyenrode New Business School(NNBS), Netherlands, comprising 40 students and 2 faculty members visited Kalkaji campus on 22nd October, 2013. They interacted with our faculty and PGDM students and exchanged views and ideas on the cultural heritage of both countries. Both our and NBSS students engaged in group discussions and made formal presentations thereafter. The topic centered on understanding the key benchmark practices relating to Governance, Customs, law and order etc. followed in India and Netherlands and adapting these practices for enriching the quality of life in both countries.
Corporate Awards Ceremony
JIMS Corporate meet was held on 21 July 2012 at Amaltas Hall, India Habitat Centre, New Delhi. It started off with the Governing Body Meeting which lasted for about an hour. It was followed by “Corporate Awards Ceremony” where the corporate managers were felicitated for their active support to JIMS in Summer Internships, guest lectures, final placements and industrial visits. The Chief Guest of the JIMS Corporate meet was Mr. Anil Aggarwal, President, Cosmos group and ex-president ASSOCHAM. He was felicitated by Dr. Amit Gupta, Chairman with a bouquet and a memento. The awards were given to corporates in various fields such as Best Recruiter, Corporate Mentor, Campus – Industry Interface, etc. Corporates like ITC, OBC, ICICI, Deloitte, Berger Paints, Uflex, DBM, VIP Industries, etc. were represented by senior executives and managers.
JIMS in association with Rotaract Club
JIMS in association with Rotaract Club, Delhi organized a felicitation function on 30 April 2011 at the Le Meridien Hotel, New Delhi. The function was held to honour our former faculty, Prof. Rajni Abbi on her election to the prestigious post of Mayor of Delhi. Awards were also presented to our Corporate partners such as ITC, ICICI bank, HDFC Bank, Bank of America, OBC etc for the ample support given by them in our summer and final placement as well as mentoring programme. Chairman, Dr. Amit Gupta presided over the ceremony.