FLAME

The caselet highlights the importance of applying the accounting concepts and conventions mandated by Institute of Chartered Accountants of India (ICAI) for preparation of final accounts by the business enterprises. It begins with a brief history about the formation of sole proprietorship business entity ‘MP Taps and Fittings Enterprise’ and then talks about various business activities and transactions during the year. Through this, the case tries to bring to the light the importance of ...

Mergers and Acquisitions (M&A) are strategic moves made by a company for achieving inorganic growth. This path has been followed by many players in varied sectors, viz. FMCG, Pharmaceuticals, Auto and Steel. Indian e commerce companies too have stridden this track in their hunt for growth and market supremacy. Kunal Bahl and Rohit Bansal started Snapdeal – as a daily deal website in February 2010 and later on moved into an online market place in December 2011. In the journey of more than ...

The growth of Indian Real Estate sector has been enormous over the past decade and it is expected to reach $180 billion by 2020. With such growth trends, protecting the Environment is the need of the hour. For this purpose, Environmental Impact Assessment (EIA) guidelines were introduced in 1994 and amendments were made accordingly. Buildings with built up area more than 20,000 sq. meters, which are entitled as category B1 projects, came under the ambit of EIA. This case includes different stages ...

Deepak, a young pharmacy graduate was vibrant, a dynamic sales person and a consistent performer. Deepak started his career in 1992 at newly formed Headquarters (HQ) – Satara. He excelled new product performance and received many awards at Sagar India Ltd for the same. Over the years as sales increased, the company faced problems with distribution due to which Deepak suffered setbacks in earning incentives and was also fighting with his own competencies to come off full potential. For the first ...

The case highlights the process of feasibility analysis for a Biomass electric power generation project. The case provides details of the project taken up by a company ISGEC heavy engineering limited. The project was to set up an electric power generation plant in Guatemala. Before selecting the project, the company carried out a feasibility study in order to establish the viability of the project. The company conducted various kinds of analysis viz. market, technical, environmental, economic and ...

Donating huge sums to the charitable trusts/organizations for social welfare has always been a tradition in India, after their retirement or fulfilling family liabilities, etc. Was the donated money used for the cause or was it misused for irrelevant miscellaneous purposes? Mrs. Kamlesh Dwivedi (Kamlesh) and Mr. P. N. Dwivedi (Dwivedi) settled in their village in the district Shahjahanpur (U.P) after retirement. Many charitable institutions approached her and her husband with a request for donating ...

Through the illustrious journey of Dr. T.D. Singh; a Peace Ambassador and a multifaceted intellectual personality from an economically backward state Manipur; this case study aims to demonstrate the importance of humanness and excellence as significant enablers to transform varied adversities to opportunities. His journey as a Peace Ambassador conveys especially to the despondent intellectuals and underprivileged about the nature of the changing phenomenal world as progressively challenging, but ...

The case study has been written in the backdrop of developments happening in the waste recycling industry. Increased awareness of producers and consumers along with stringent laws has provided reasonable opportunities for entrepreneurs to enter into the field. Delhi-NCR being a center for several service and manufacturing companies has emerged as a major source of input for the waste recycling industry especially paper waste. In 2010, Green-O-Tech India started its operations, in Delhi-NCR. Efficient ...

Akshaya Patra foundation started its mid-day meal programme in June 2000 by providing free mid-day meals to 1500 children in five government schools in Bangalore, Karnataka. Over past 14 years, the constant support from the Government of India, various State Governments and associated organisations enabled the programme to grow by leaps and bounds. Today, this organization feeds free mid-day meals to 1.4 million schoolchildren, in 10661 government schools and aided schools. Earlier, Akshaya Patra ...

Sri Anal Fireworks (SAF) is one of the leading fireworks manufacturers of India. SAF has done well in recent 5 years and sales have grown over the recent years.  Nevertheless, the changing mindset of the customer towards environment friendliness have resulted in reducing demand year by year and increased the problem of skilled workers. Therefore, the company wants to start a new business based on existing funds. SAF now faces the dilemma as to how to arrange working capital for the same. This ...

Mergers and acquisitions are a common happening in business and the corporate world. We see this happening all round us today, among start-ups as well as major long-standing companies. Within this downsizing, and "golden handshakes," to get companies to be lean, thin and mean - and profitable - is also commonplace and often. The challenges of this are generally wide ranging and affect people (employees) structures, HR, corporate culture and integration, along with finances. One such real-life example, ...

During the past two decades, many educational institutions have already implemented or are planning to implement the web-based Learning Management Systems (LMSs) to enhance the learning. In early 2013, National University of Holistic Education (NUHE) decided to implement its own LMS with the help of open-source software called BLACKBOARD. Most new technologies, though useful, are often complicated. Hence, successful implementation of new technologies in any organization presents several challenges ...

Soon after the economic liberalization, in 1992, Indian economy started witnessing competition from local as well as international markets. In 2007, Vivek Gambhir, the then Chief Strategy Officer, witnessed the talks that Godrej had nothing to appeal the youth. However, Godrej, a 115-year-old company realizing the stakes had taken prompt action before it was too late. In 2013, Vivek Gambhir took charge as the Managing Director, Godrej Consumer Products Limited (GCPL). On a market visit, in Kurukshetra, ...

On October 2nd 2014, Prime Minister Narendra Modi officially launched the Swachh Bharat Abhiyan (SBA) at Rajpath, New Delhi, by taking up the broom to clean a road. The SBA was launched with eight core objectives. The principal objective was to ensure a healthy life for Indian citizens and to improve India's semblance globally. SBA has specific goals aimed for the rural as well as urban areas. Gramin SBA, i.e., for the rural areas has a target of 11 crore household latrines to be installed in ...