(April - June 2016 ) Monthly Newsletter of Ghaziabad ...gmaindia.org/pdf/DISHA News Letter April...

DishaDishaDishaDishaMonthly Newsletter of Ghaziabad Management Association

(April - June 2016 )

Volume 14

Ghaziabad Management Association Aiming to inspire individuals to actualize their potential, Ghaziabad Management Association, an autonomous management association, was set up in 1982 as a Registered Society. GMA has striven for management expertise that can synergise Indian ethos with international management thought and practices since its inception. During the short span of its existence, GMA has a strong hold in the industrial city of Ghaziabad and has become an important forum for business executives, enterpreneurs, educationists and other professionals to share their experiences and ideas to further the cause of management. It is striving to outline the present and future

problems concerning management through best management programmes while looking for perfect harmony in human relationships in the society we live in.

This would not have been possible without the strenuous efforts of late Dr. C.B. Gupta, Ex Director, Institute of Management Technology & Founder President of GMA. The activities of GMA got a further boost after securing the permanent affiliation to the Apex National Body, All India Management Association(AIMA), New Delhi, and registered under Societies Act

33RD ANNUAL GENERAL BODY MEETING OF GHAZIABAD MANAGEMENT ASSOCIATION

STAFF DEVELOPMENT PROGRAM ON EXCEL TIPS AND TECHNIQUES

TRAINING PROGRAM ON COST OPTIMIZATION

The 33rd AGM of the Association was held at Hotel Fortune Inn Grazia, Ghaziabad on 25th June, 2016.

The AGM was attended by about 85 members. Mr. P

K Dash, member ALL India Management Association (AIMA) graced the occasion with his presence. Mr. Vinay Gupta, Executive Director GMA ,welcomed the members and presented the 2015-16 AGM minutes for approval of the house.

S t a f f D e v e l o p m e n t Program on Excel Tips and Techniques was conducted during 22nd to 24th June, 2016 at ABES Engineering College, Ghaziabad. This program

was attended by staff of three industries apart from the majority who were from ABES Engineering College itself.

A training program on Cost O p t i m i z a t i o n w a s organized for Shop floor engineers and supervisors on 17th June, 2016 at Continental Carbon India Ltd.

HIGHLIGHTS

To facilitate individu-

als and organizations

realize their potential.

SAVE NATURE

MISSION

VISION

To enable Ghaziabad

organizations to de-

velop global compe-

tence

To ___________________________________

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From : Ghaziabad Management Association 408, Ansal's Satyam Building, RDC, Raj Nagar, Ghaziabad Ph: 0120-2826867 Website: www.gmaindia.org

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WORKSHOP ON IMPROVING WORK EFFICIENCY FOR HIGHER PRODUCTIVITY

SESSION ON MANAGING MODERN BUSINESS WITH ANCIENT INDIAN WISDOM

BUSINESS QUIZ MANTHAN 2016

MDP ON DIGITAL MARKETING

Workshop on Improving Work Eff i c i ency fo r Higher productivity was conducted or middle level managers at Wo r l d S q u a r e H o t e l , Ghaziabad, on 20th May 2016.

Ghaziabad Management Association organized lecture cum Interactive session on Managing Modern Organizations using Ancient Indian Wisdom on 29th April, 2016 at IMS LalQuan, Ghaziabad.

GMA and the Department of Business Administration, Raj Kumar Goel Institute of Technology organized a Business Quiz Manthan 2016 for under graduate students of Colleges in and around

Ghaziabad at its campus on 26th April, 2016.

Two day Management Development program on Digital Marketing was organized in association with Ajay Kumar Garg Institute of Management (AKGIM) at their campus on April 12-13, 2016.

INSIDE THIS ISSUE:

About GMA

Articles

Entertainment

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5 - 9

10 - 12

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2Disha Newsletter Quarterly (April - June 2016)

Dear Readers,Greetings of the dayAll of us at Disha hope that you and family are doing well. We heartily convey our good wishes to you and family.

India seems to be shining even though many are yet to see light at the end of the tunnel.Today the world is at a juncture of turmoil resulting from aggression,crime and eco-nomic slowdown. Exit of Britain from the European Union came as an unexpected shock to many . Terroist and criminal activi-ties have rocked the world. Nearer home, India is under constant attack by State spon-sored terrorism by some rogue neighboring countries. The riot and arson in kashmir is a major cause of worry for the Nation as Kash-mir had just emerged from its disturbed past and started recovering from decades of un-rest.Worldwide economic and social turmoil has created an environment of gloom. In spite of this overall pessimism,India seems to be shining,though some are yet to see the light at the end of the tunnel. ‘Brexit’ has caused volatiloty in currency and bonds, though Indian stocks are less likely to get affected in the long term as local factors play a greater role on the markets.India is also facing political and diplomatic aggression from aggressive and voracious countries looking to grab newer territories. Under such circumstances, it is imperative that India quickly bolsters its defense ma-chinery to ward off misadventures from such countries especially those that share the bor-der with India.Mr. Raghuram Rajan,s desire not to continue as Governor RBI at the end of his tenure caused despair in India and across the world.

Nevertheless a clean mode of selecting his successor has been assured by the Govern-ment.The Indian Government stuck to its promise of bringing back black money and initiated an Amnesty scheme with an effetive tax rate of 31 percent. The Government has started moving fast on uniform civil code which, if implemented,will shift the focus in the Coun-try from the social resentment emerging from the Shah Bano judicial pronouncement reversed by the then Government. All the safeguards built into the Indian system have ensured that India sails through smoothly. We can hope to be a part of the Indian shining journey.The people of Ghaziabad look forword to a more t ransformed and developed city.Ghaziabad has immense potential for growth. It gets an edge over other fast grow-ing cities owing to its proximity to the Na-tional Capital,decent planning and infra-structure and strong human capital. Many of the top business players of the India have emerged from Ghaziabad. Then why the migration to other cities is a big question that needs to be pondered over.Ups and downs are a part of any city’s success story but con-sidering the poor state of industry, law and order and basic facilities in Ghaziabad, can we expect miracles to happen any sooner? Has the State Government taken major steps to improve the current situation?However,it is heartening to note the success of operation Smile spearheaded by Ghaziabad Police to reunite lost children with their families. The operation also found mention by the Home minister of India in the recent SAARC Meet. Another positive de-velopment for the city is the sanction of NH-24 widening to eight lanes, which will be a major boon to the people,especially profes-sionals, commuting to Delhi daily. The rapid pace of work on the metro connectivity to the

From the Desk of the Managing Editor

Our Team=====================

Editorial Advisory Board Members

Managing Editor

Design & Editing

Distribution & Logistics

Dr. R.K SingalMr. Anil AgrawalMr. Vinay Gupta

Mr. Asish Das

Mr. Abarendra Kumar

Mr. Anand Kumar

Ghaziabad city is also worth a mention. The emergence of Ghaziabad as an education hub for professional education, new and upcoming high end malls and restaurants and improvement in condition of roads are definitely signs of progress.A lot still is required to be implemented so that Ghaziabad once again shines as a sought for option for living and business for people from various parts of the country. Disha urges all citizens of Ghaziabad to play a key role in making their city a better place to live and work in.

Jai Hind

DirectorAKD Infotech Pvt Ltd

Mr. Asish Das

The 33rd AGM of the Associ-ation was held at Hotel For-tune Inn Grazia, Ghaziabad on 25th June, 2016.

The AGM was attended by about 85 members.Mr. P K Dash,member ALL India Management Association (AIMA) graced the occasion with his presence. Mr.Vinay Gupta, Executive Director

HIGHLIGHTS CONTINUED FROM PAGE 1

Addressed by Dr. R. K. Agarwal, President GMA Release of the GMA Annual Report 2015-16

33rd Annual General Body Meeting of Ghaziabad Management Association


STAFF DEVELOPMENT PROGRAM ON EXCEL TIPS AND TECHNIQUES

Lighting the Lamp during Inauguration

Staff Development Program on Excel Tips and Techniques was con-ducted during 22nd to 24th June, 2016 at ABES Engineering Col-lege, Ghaziabad. This program was attended by staff of three indus-tries apart from the majority who were from ABES Engineering Col-lege itself. The Resource persons were from Jaipuria Institue of Man-agement, NOIDA and from ABES EC. Prof. Mr. Durgansh Sharma

of Jaipuria Institue was the expert on EXCEL techniques and Prof. Ajay Singh and Dr. Amrita Singh of ABES EC were facilitators for other Microsoft Office systems.

The program comprised of hands-on practice sessions which were very well received and need was realized to repeat it for more organi-zations. 42 participants benefitted from the training.

Inaugural Session Workshop in progress

Training program on Cost Optimization was organized for Shop floor engineers and super-

pants on Cost awareness, Costs of poor design / poor processes, Minimizing wastages in Processes, efficient use of Man, Machine & Material, Removing redundant costs and ZBB & Activity Based Costing (ABC).During the pro-gram, the participants shared the prac-tices relevant to the subject in their re-spective organizations.32 participants from 10 organizations attended the program. The facilitators were Dr. R K Singhal, HOD (MBA), ABES Engineering College and CA Anil Agarwal. Mr. M K Rathi, Plant Head of Albert David Ltd. shared his views on TQM for cost effectiveness.

visors on 17th June, 2016 at Continental Car-bon India Ltd. The program briefed the partici-

Workshop in Progress Welcoming & Introducing the topic

TRAINING PROGRAM ON COST OPTIMIZATION

WORKSHOP ON IMPROVING WORK EFFICIENCY FOR HIGHER PRODUCTIVITY

Participants of the Workshop Training in progress Dr. Srivastava explaining a point Getting ready for an exercise

GMA ,welcomed the members and presented the 2015-16 AGM minutes for approval of the house. Mr. Amit Agarwal, Honorary Secretary, apprised the members about the activities of the Associa-tion during the year. CA Mr. Anil Agarwal, Honorary Treasurer, pre-sented the audite accounts of GMA and elaborated on the financial highlights of the year. The house adopted both, the activity report as well as the audited accountes. A proposal for revision of individual membership fee was raised and the same was adopted by the house. New auditor for auditing the accounts was appointed.

The President, Dr.R.K.Agarwal,addressed the members and thanked them for their coopration and support.He sought better and more involvement of the members in GMA activities.The GMA An-nual Report containing a detailed activity account of the Association was released. This was a maiden attempt to documented the activi-ties and distribute to all members for record and information.

The meeting ended with refreshments and dinner.


Workshop on Improving Work Efficiency for Higher productivity was conducted or middle level managers at World Square Ho-tel, Ghaziabad, on 20th May 2016.The gene-sis of the program was on the premise that human resource is the greatest asset of an organization, provided it performs; other-

wise it is the greatest liability.The facilitator, Dr.Amita Srivastava, Brencis Group, guided the participants on the various means of achieving work efficiency and thereby, productivity leading to excellence in the organisation. With participation of 32 middle level manag-

ers/team leaders from 13 reputed organiza-tions, the workshop was a great success with some very important aspects of excellence in performance and interpersonal behavior as key take aways.

SESSION ON MANAGING MODERN BUSINESS WITH ANCIENT INDIAN WISDOM

Ghaziabad Management Association orga-nized lecture cum Interactive session on Managing Modern Organizations using An-cient Indian Wisdom on 29th April, 2016 at IMS LalQuan, Ghaziabad. The resource person, Mr. Sumit Chaudhuri, Chairman & Managing Director, Third Millenium Busi-

activity.He addressed five activities used in managing various issues cropping up in mod-ern organizations. The session aroused lot of curiosity among the audience and ended with effective discussions and view points.GMA looks forward to organizing similar sessions for students of various colleges.

ness Resource Associates, New Delhi, was contacted courtesy AIMA.Mr. Chaudhuri organized his presentation on a modular approach, wherein he took one activity at a time, of managing Modern Orga-nization and he explained how ancient In-dian wisdom is resourced to manage the

Welcoming the Speaker and Deligates

Session in Progress Speaker intracting with Deligates

President GMA Presenting a memanto

GMA and the Department of Business Administration, Raj Kumar Goel Institute of Technology organized a Business Quiz Manthan 2016 for under graduate students of Colleges in and around Ghaziabad at its campus on 26th April, 2016. Mr. Devendra Swaroop, Ex General Manager, BEL inaugurated the competition.

About 20 teams from various colleges participated in the quiz. Seven finalist teams were shortlisted after two intense rounds of written tests. The finals in quizzing were conducted through the exciting and challenging buzzer round, Rapid Fire round and Rounds on visuals & audio quizzing.

Team from MMH College, Ghaziabad was declared winner. The First and Second Runner Up positions were bagged by teams from Institue of Management Studies(IMS), Ghaziabad.

BUSINESS QUIZ MANTHAN 2016

Inauguration of the Quiz Winning teams

MDP ON Digital MarketingTwo day Management Development program on Digital Marketing was organized in associa-tion with Ajay Kumar Garg Institute of Man-agement (AKGIM) at their campus on April 12-13, 2016.

The program revolved around understanding the consumers in the digital space and developing digi-tal marketing strategies for acquisition and reten-tion of customers. It emphasized on developing skills and competencies concerning digital mar-keting.

Lighting the Lamp during Inauguration Session in Progress

Disha Newsletter Quarterly (April - June 2016) 5

Twenty participants from organiza-tions including Micromatic Grind-ing Technologies Ltd., Ghaziabad Precision Products (P) Ltd., Conti-nental Carbon India Ltd., CHW Forge Private Ltd., BHT Digital and SPA Web Solutions attended the program.

The program was inaugurated by Mr. Vinay Gupta, Executive Director, GMA. Dr. T. R. Pandey, Director, AKGIM delivered the welcome ad-dress. Prof. Rajeev Sirohi delivered session on Digital Marketing: overview and Framwork. Session on Content Marketing was delivered by Mr. Hemant Bisht, founder- Orange Cube Consultancy. It was followed by session on Social Media by Dr. Manu Priya Gaur From AKGIM. Prof. Namita N. Kumar delivered talk on Integrating Digital Interfaces. Mr. Shayam from SPA Web Solutions presented session on Website Intelligence & ROI. Mr. Pankaj Chauhan from Research Gyan delivered presentation on Search Engine Optimization and on online Identity and Reputation.

The entire program was based on Participant Centered Learning (PCL) approach, case studies and usage of new techniques in the area of digi-tal marketing. Valedictory Address was delivered by Dr. R. K. Agarwal, Director, AKGEC, and President, GMA.

Session in Progress President, GMA with the Participants

Water is at the core of sustainable development and is critical for socio-economic development, healthy eco systems and for human survival itself. As is known that all the civilizations developed along the river or where water is available. To-day more than 1.7 Billion people live in river basins, where depletion through use exceeds natu-ral recharge. As per UN report a total of 748 Million people still do not have access to an improved drinking water source.

For sustainable development water is one such component which is required in any developmental activity - whether it be power, agri-culture or industry. If we do not initiate remedial measures to save or conserve water, we will see 2/3 of the world’s population living in water - stressed countries by 2025. UN report has warned that world could suffer a 40% shortfall in water in just 15 years unless we dra-matically change the use of our resources and manage efficiently and equitably, which can play a key role in sustainable development.

There are various sources which provide us water, but we are ignor-ing one very important factor - the impor-tance of "WET LAND". Wet lands apart from the charging the ground water, saves us from so many environmental problems. Wet land commission in its report has defined that, for sustainable development, the need of future genera-tion has to be fulfilled without any com-promise. But the question is whether we are conscious of need of natural re-sources. Perhaps not. The enormous water is continuously wasted by us in one way or the other.

Wet land is a complex ecosystem in the light of rapid and unpredictable changes. It spreads from village ponds to river flood plain and coastal areas. It con-serves the bio-diversity and acts like natu-ral water filter,

which prevents the harmful chemicals

from mixing in ground water. We can say that wet lands work like "KIDNEY" in human body.

As per report of wet land atlas - 2011 there are 7,57,060 wet land in our country out of which only 68 wet lands could get legal status and rest have been encroached upon. The ISRO has released some data with respect to UP. ISRO identified 1,25,905 wet lands in UP with the help of remote sensing device. But UP Govt.published report says there are only 1815 wet lands.

The report released in New Delhi in March 2015 calls on policy mak-ers and communities to rethink water policies urging more conserva-tion as well as recycling of waste water as is done in Singapore.

In short the time has come when we should conserve wet lands so that we get water in future for sustainable development.

Contributed By:

Mr. M. K. Agarwal

WATER AND SUSTAINABLE DEVELOPMENT


PRACTICING ETHICS IN BUSINESS FOR CORPORATE SUSTAINABILITY1. Introduction

2. Ethics in Business

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Consider any scam or scandal; be it is Enron, Satyam or Sharda Chit Fund. Every scam is outcome of not following the set of prin-ciples or ethics in the business by the people who were running the show.

So what is ethic? Someone replied that ethics has to do with what my feelings tell me to do. Dictionary meaning of ethic is; a set of principles or moral. The ethics of a person or a society depend upon their culture, environment, religion etc. What may be right for one set of people may be wrong for another set of people.

What is Business Ethic? Business Ethic is to consider, take care and to pay rightful dues of every stakeholder timely and properly. Be it is state, society, shareholders, employees, financial institu-tions, creditors, customers etc.

Enhancing business profit is corporate goal, but it should not be at the cost of social, environmental and moral consideration.

The question is how business shall practice ethics? The answer is: through its people, culture and policies.

When people work in an organised manner, it is called organisa-tion. People and results go hand in hand. Business ethics and poli-cies remain simply written document unless otherwise people in the organisation practice ethics while doing business.

The behavior and culture of an organisation is defined by the be-havior and culture of the people of organisation. If India is not in top fifty honest countries, it is because; we the people of India are not honest. Hence I thought if we want to speak about practicing business ethics by an organisation, first we should speak about practicing ethics in business by people of organisation.

Ethics in business and in life are same

Be polite and respectful with every one

Truth and honesty (Truth starts with difficulties but then it become easy, while lie starts with easy and leads to difficul-ties)

Egoist (Ahenkar) and self praising (don’t assume you are the best)

No criticising in public

No bitching/rumor etc

Performing the obligatory duty

Accepting accountability for your actions

No double standards (Say what you do and do what you say)

Following Just and Equality for one and all in term of work and reward

Faithfulness toward the orgaisation and Keeping Confidential-ity/Secrecy

Competition Vs. Jealous (Should be healthy competition)

Others

Protecting Environment

Don’t use Intellectual Property of Others

Respecting the Human Rights

No use of Child Labor

They want to take short-cuts to become successful in shorter period ( Life is a race, they want to reach peak, without going through the hardships)

People want to get everything irrespective of their eligibility (Greed Vs. Over ambitions)

They want to prove themselves in term of figures because eth-ics can’t be measured in number. (Most of the time our focus is on result than to the people)

They don’t want to take decisions (Fear of failure and fear to face accountability)

Avoid the tendency of “I know everything

Compassion and Empathy (Must feel people, because when people feel good, they produce best result, Emotional Intelli-gence Vs. IQ)

Delay gratification and Restrain yourself, (I want to do it but cannot and I want to do it and do it also)

Listen to your sub-conscious mind (raga & dwesha) and then take decision (but take decision)

Before taking decision distinguish between pleasant and good i.e. what you want and what is right (Think for future bigger gain than shorter benefits and avoid short cuts)

No greed (Must know your limits and never accept which is not due to you, never use organisation’s resources for personal use)

Take decision firmly that too in time (Justice delayed is justice denied)

Avoid flatterers and Listen to your critics

There is only one way to learn i.e. through action, everything in this world evolved and the gold evolved furthest

With maximisation of profit you will grow but with ethical practices you will sustain. The ethical business practices will also result in;

Better Public Image

Satisfied Employees

Delighted Customers, suppliers

Business ethics and corporate sustainability go hand in hand. The business houses who have followed business ethics; still exist.

At the last, distinguish between Paap (for which your heart is feared) & Punya (for which you feel pleasure) in life and in business.

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3. Why People do not follow Ethics

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4. Practicing Ethics

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5. Business Ethics & Corporate Sustainability

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CA Anil Agarwal


YOGA & PRANAYAM TO BE AVOIDED IN HEART DISEASE

We all know that yoga is good for the heart. Mostly we also know yoga asanas which are good for heart. Unfortunately, Yoga is not the “cure all” and it has its limitations too. The following is a ques-tion that cardiologists are being asked more and more commonly nowadays. This important information should be known to all those heart patients who practice yoga.

You should avoid poses that make your heart work too much. It is suggested that inverted poses should be avoided as the heart has to pump blood against gravity to supply it to your hands and legs, which exerts more pressure. Here are a few yoga asanas you should avoid:

Chakrasana (Wheel pose): This position is a backbend and requires a lot of strength and a proper breathing pattern. It puts pressure on your heart to pump blood faster and so it should be avoided.

Halasana (Plough pose): The plough pose requires you to lie on our back, lift your legs and put them behind your head. This position also requires your heart to circulate blood to the lower body with pressure and against gravity.

Karnapirasana (Ear closing pose): This position is similar to halasana, but it requires more efforts, as you have to bring your legs closer to the ground with knees next to the ears. Similar to the halasana, this position exerts pressure on the heart.

Sarvangasana (Shoulder stand): This position should be completely avoided as you are standing on your shoulders, with pressure completely on your upper body; the heart has to work against gravity for blood circulation.

Sirshasana (Head stand): Similar to the Sarvangasana, Sirshasana is an inverted position. The body is held upright with the support of the arms and the head touching the floor. The legs are held over the heart and hence more pres-sure is exerted by the heart to pump blood to the lower body.

Viparita Karani (Simple inverted pose): This position re-quires you to lie on your back and raise your legs and slowly lift your hips and support them with your hands. This pose also puts a strain on your heart for blood circula-tion to the lower body as your legs are above your heart.

First here are some generalized precautions before starting pranayama.

If you have any chronic medical condition, seek advice of

Q 1: I have been diagnosed with heart disease. Which are the yoga poses I should avoid?

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your doctor and yoga teacher before starting.

Always breathe through the nose unless specifically asked to do so.

There should not be any strain during pranayama prac-tice. Lungs are delicate organ; ensure that your breathing is not forced beyond limits.

Do not make loud sounds during breathing. Keep the breath rhythmic and steady.

Pranayama should not be practiced immediately after meals. You can do pranayama at least three hours after meals. Remember a heavy meal will take much longer to get digested. For example if you do pranayama in eve-ning, eat a healthy lunch which gets digested by the time you start pranayama.

Beginners should not hold breath. When you become com-fortable with basics of pranayama, learn to hold breath under the guidance of an expert teacher after mastering the basics of yoga breathing.

If you feel tired or discomfort, stop doing pranayama, lie down in shavasana while carrying out normal breathing. Consult your yoga teacher before starting with pranayama again.

Do not practice pranayama if you are too tired, relax for 10-15 minutes in shavasana before doing pranayama.

If you do yoga asanas and pranayama, practice yoga asanas before pranayama. After practicing asanas, relax in shavasana before doing pranayama. Do not do any strenuous exercise after pranayama.

Pranayama should not be practiced in a hurry.

Do pranayama outdoors or in a well ventilated room.

Pranayama should not be practiced when the lungs are congested.

Kapalbhati, bhastrika pranayama is prohibited for people suffer-ing from heart disease, high blood pressure or hernia. For kapalabhati, exhalation must be gentle for beginners, do not use excessive force.

Shitkari pranayama is prohibited for people with low blood pres-sure. Do not practice this pranayama in winters.

Agnisar Pranayama should not be done by people with hernia, high blood pressure and also not after any stomach surgery.

Contributed By :

MD, DM, FESC, FSCI

Senior Cardiologist

MAX Hospital, Vaishali

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Dr. Asit Khanna


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The word “dream” is most likely related to the West Germanic draugmus, (meaning deception, illusion, or phantom) or from the Old Norse draugr (ghost, apparition) or the Sanskrit druh (seek to harm or injure).

You cannot snore and dream at the same time.

Adults dream off and on, for a total of about an hour and half to three hours every night.

By the time we die, most of us will have spent a quarter of a cen-tury asleep, of which six years or more will have been spent dreaming—and almost all of those dreams are forgotten upon waking.

The average person has about 1,460 dreams a year. That’s about four per night.

About 80% of neonatal and newborn sleep time is REM sleep, suggesting a tremendous amount of time dreaming.

According to Plato, dreams originate in the organs of the belly. Plato describes the liver in particular as the biological seat of dreams.

Elias Howe (1819-1867) said one inspiration for his invention of the sewing machine came from a nightmare he had about being attacked by cannibals bearing spears that looked like the needle he then designed.

Aside from those who experience certain kinds of injury, it’s a biological fact that everyone dreams. However, not everyone remembers his or her dreams.

Most of us dream every 90 minutes, and the longest dreams (30-45 minutes) occur in the morning.

The scientific study of dreams is known as oneirology (Latin oneiros: dream, ology: writing).

Discovered in 1856, the planet Neptune (which is named after the Roman god of the sea) is considered the planet of dreams—because, like water, dreams distort and cloud images and meaning.

During REM (Random Eye Movement) sleep, the flow of blood to the brain increases, as does the brain’s temperature.

Dreams of losing teeth or having teeth extracted can signify many things, including fears of helplessness or of some sort of loss in one’s life. Women experience more teeth dreams than men.

Dreams of dirty water may signal that the unconscious mind is telling the dreamer he or she is not healthy.

The Buddhist exercise practice of yoga has many benefits, in-cluding helping one learn how to control his or her dreams by

controlling the body’s vital energies.

Cakes in dreams can signify a time to rejoice at one’s accomplish-ments, or to celebrate new relationships or work efforts that have been successful but not necessarily acknowledged.

Chocolate in a dream may symbolize that the dreamer feels the need to be rewarded and deserves special treatment.

Standing on a cliff in a dream can represent that one has a broad view of something or that the dreamer feels like he or she is living on the edge or is afraid of failure.

olors in dreams can be interpreted only in the context of the dreamer’s relationship with that color. For example, the color red may be experienced as love for one person—but for someone else, red may denote blood or destruction.

Forests, like water, are often symbols of the unconscious. Travel-ing into a forest indicates exploration of the unconscious realm or represents a comforting refuge from the demands of everyday life.

A house in a dream is often a symbol of our body, so a mansion in a dream can represent a “rich” or even exaggerated sense of self.

Expectant parents often have dreams about miscarriages, but this is almost always a symbol of their anxiety about the baby rather than a prediction. Miscarriage dreams are also powerful symbols of projects or business deals that have gone wrong.

Because nightmares were thought to be from menacing spirits, such as witches, folklore suggests placing a knife under the foot of the bed. Evil spirits were thought to be repelled by the steel on the knife.

Famous French historian and philosopher Michel Foucault (1926-1984) asserts in his essay “Dream, Imagination, and Exis-tence” that dreams are the origin of the human soul. He also posits that dreams about death are the most important type of dream because they are the moment life reaches its fulfillment.

Flying dreams are found around the world and have existed since ancient times, even before the invention of airplanes.

Falling dreams typically occur at the beginning of the night, in Stage I sleep. These dreams are often accompanied by muscle spasms, called myoclonic jerks, and are common in many mam-mals.

In general, pregnant women remember dreams more than other populations. This is largely due to the extreme hormonal changes during pregnancy.

90% of the dream is lost the first minute we wake up.

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Dr. Manu Priya Gaur (AKGIM)

DO YOU DREAM? Some Facts About Dreams


Till about 3 decades ago Corporate Social Responsibility (used as CSR hereafter) was relatively an unknown subject. The subject of CSR first emerged and came into promi-nence in the late 60’s and early 70’s in USA when few multinational corporate bodies coined the term ‘stakeholders’ over and above the term ‘shareholders’ and in the list of stakeholders they included public as one of the stakeholders. Noble prize winner (in 1976) Milton Friedman who stated that businesses should focus only on making as

much money for their shareholders as possible, suggested that CSR was misuse of company’s resources, which should only be used for the bet-terment of shareholders. CSR was thus considered non-productive ac-tivity for a business. In the late 80s, the corporate sector in many coun-tries was surrounded with problems of questionable corporate policies or unethical practices. It was the period when Junk Bond fiasco of USA and Maxwell, BCCI and Polypeck happened in UK (1991), which re-sulted in the beginning of codes and standards on corporate governance, ethics and CSR. The widespread corruption, lack of transparency and accountability during that period led to the rise of CSR.

There are three approaches to business namely the shareholder’s ap-proach, stakeholder approach and CSR approach. Upto late 60s, only responsibility of business was towards shareholders and the approach followed was “the business of business is to do business” meaning to earn maximum profit for the promoters. During the era of shareholder approach there was no business-ethics at all and spending on CSR was regarded as unproductive activity. This approach has become totally outdated now. In the stakeholder approach, primary responsibility of business is towards long list of stakeholders which also include public at large. The idea that stakeholder theory and CSR complement each other and stakeholder theory is embedded into CSR has widely become ac-cepted. CSR approach is the latest approach to business. According to this approach, since business is created by the society, so it has obliga-tions towards the society.

There is no uniform definition of CSR accept edglobally and a debate is going about what is and what is not included in there alm of corporate so-cial responsibility. Different people at different times, under different situ-ations and circumstances have taken a different meaning of the word CSR. Is it philanthropy and charity ? Is it social, community service or protecting the environment ? Is it undertaking public service tasks which normally government should be doing? Orisitall of these ? There almeaning of CSR of a company should beunder taking all actions as would maximize the probability ofits long term survival and sustained growth..

Manufacturing activities are important because those give products, employment, and revenue to the government in the form of taxes. How-ever, manufacturing activities have some ill effects too. In the process of manufacturing, a company consumes certain natural resources belong-ing to the society, though it pays for it. Moreover, every manufacturing process causes damage to the nature by the exploitation of natural re-sources and results in pollution and damage to the environment in many ways (extraction of minerals, release of effluents, and pollution of water, soil, air, etc). At that stage, it is not possible to close the industry as many interests are developed in the process like labour, dependent subsidiar-ies, and revenue in the form of taxes to the Government. Polluter must pay for the damage and to repair the damage done to the nature. How-ever, damage done to the nature can’t be repaired, and can’t be compen-sated in the form of money. Those pleading for CSR are infact trying to

Approaches to Business

Understanding CSR

Significance of CSR

find out a monetary equivalence to the damage done to the nature in the form of CSR spending.

TherearemanyCSRinitiatives ,principles,codesandstandardsworldwide giving the guidelines in this context which are as follows:-

The Caux Round Table (CRT)

Principlesfor GlobalCorporateResponsibility

OECDGuidelinesforMultinationalEnterprises

UnitedNationsGlobalCompact

The Global Reporting Initiative

SocialAccountabilityStandard8000

GlobalSullivanPrinciples(GSP)

AccountAbility1000

ISO 26000

APEC Business Codeof Conduct

The government of India has taken a lead in encouraging companies to adopt CSR practices and to ensure improved governance standards. India is perhaps the first country to provide CSR in its Statute. Countries like Indonesia and France also have CSR Legislations but in a very loose format. Section 135 of the India Companies Act, 2013 on CSR has been notified effective from April 01, 2014. The new law is applicability to all companies that have either of the following in any financial year:

Net worth of INR 500 crore or more (about $90 m);

Turnover of INR 1000 crore or more (about $180 m)

Net profit of INR 5 crore or more

Such companies shall ensure that atleast 2% of the average net profits of the company made during the three immediately preceding financial years is spent on specified CSR activities.

Under the CSR mandate, Government is expecting a fund flow of about Rs 10000 Crore a year from corporates for social welfare initiatives. Corporates will have to spend required percentage of net profit in social sectors such as education, health and public welfare rather than individ-ual philanthropy, which was until now the exclusive responsibility of the Government. By an estimate, out of 13.30 lakhs companies registered (2600 actively traded), about 8000 companies across sectors will be covered by the CSR provisions. As per Times of India report published on March 23, 2015, major Indian corporate houses such as L&T, Vedanta, TCS, Bharti, Ambuja Cements, Maruti, Tata Motors, Coca Cola, Dabur, DLF, Aditya Birla, Adani, Infosys, TVS, and many others as part of CSR initiative have laid budget for Swachh Bharat Abhiyan project of the present Government. These projects vary from building toilets in schools and distant villages; waste management, cleanliness and sanitation. TCS and Bharti Foundation have both committed Rs 100 crore each as part of CSR initiative to construct toilets in schools. While TCS plans to finance hygienic sanitation facilities for girl students across 10000 schools in the country, Bharti has adopted Ludhiana and is working with Government to make the district open defecation free. DLF has launched a flagship waste management programme in villages surrounding Gurgaon. Apart from private firms, public sector compa-nies like Coal India, ONGC, OIL, IOC, have also invested in these pro-jects.

Professor of Law & Corporate GovernanceDirector, Institute of Management Studies (IMS)

Email: [email protected]

Codes and Standards on CSR

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Initiatives in India

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Government Cleverly Shifted Responsibility to Corporate Sector

Dr. Jai Prakash Sharma

Dr. Jai Prakash Sharma

CSR IN INDIA – PERSPECTIVES FOR BUSINESS


Most of us spend hours staring at a computer screen during office hours. Researches have shown that eye strain is quite common in 50 to 90 percent people who work in front of a computer. Here are some ways to avoid and treat eye strain.

It's important to give your eyes some rest and shift your focus away from the computer. Get up from your desk for some time and try to move around at least once every hour or so. If possible, lean back and relax your eyes for few seconds

Cover your eyes with your hand extended towards your forehead, close your eyes and take a deep breath through your nose, hold in for few seconds. Do this exercise for 15 to 30 seconds every day to re-lieve yourself of the strain.

1. Give your eyes some rest

2. Get out from your office space to breathe some fresh air

3. Do some relaxing exercises

.

It is important to breathe some fresh air for sometime. When you work indoors in an air-conditioned environment for long it tends to dry your eyes because of the relative dryness in air.

4. Massage your eyelids

5. Use soothing eye drops

6. Blink frequently

opportunity

Take luke warm tea bags and place them on your eyes for at-least 10 minutes. After removing the tea bags, massage your eyelids against your brow bone for ten seconds. By doing this you will stimulate your tear glands, which prevents dry eyes and keeps symptoms of eye strain at bay.

Sitting in front of computer leads to tired and dried eyes, in this con-dition it is advisable to use rose water or eye drops that do not contain preservatives to ease the stress caused by dryness.

Blinking provides a break for our eyes, but is often forgotten due to heavy workload. Blinking lubricates your eyes by spreading the tears evenly along your eyes. It can also help with eye strain caused by dryness.

6 Awesome Tips To Ease Computer Related Eye Strain Withing Minutes

COLOR THE IMAGE

PICTURE OF THE DAY

JOKE

USE YOUR MIND AND FIND 10 DIFFERENCESSudoku

7 6 5 8

4 3 2

3 2 4 6

8

9 6 8

2

6 8 9 1

7 4 5

2 9 3 8

Contribution of articles/ comments/ reac-

tion/ participation are most welcome

along with name. address, phone number,

and photograph preferably by

e-mail to [email protected]


Sweet insult!!

Ek ladka gadhe ke samne gir gaya.

Ek khubsurat ladki ne dekha aur kaha apne bade bhai ka pair chhu rahe ho kya?

Ladka : ji bhabhiji.

The teacher says: Today, we're going to talk about the tenses. Now, if I say "I am beautiful," which tense is it?

The student says: Obviously it's the past tense.

NOTES:

Present Tense: I am beautiful.

Past Tense: I was beautiful.

This is funny because the teacher isn't beautiful now, but maybe she was

beautiful when she was younger.

In a Bar, they had a new drink on the menu, Vodka HoMi.

Customer: What's this Drink?

Bartender: It's a cocktail of Vodka mixed with Honey and Milk.

Customer: Why Honey?

Bartender: Honey gives Energy.

Customer: What about Milk??

Bartender: Milk will give you Strength.

Customer: So why Vodka?

Bartender: Vodka will give you Ideas about what to do with Strength and Energy.

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