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PROJECT

RECRUITMENT & SELECTION

Project Report Submitted to University of Pune

In Partial Fulfillment of Requirement for the Award of Degree of

MASTER OF PERSONNEL MANAGEMENT By PRCHI SETH Under the guidance of

MRS. A. ABHILASHA

SINHGAD INSTITUTE OF MANAGEMENT 2010

Page 1 of 63

SUMMER TRANING PROJECT REPORT ON

A STUDY ON RECRUITMENT & SELECTION

PROCESS OF IPCA LABORATORIES LTD. 'The Indian Pharmaceutical Combine Association Limited.

UNDER THE SUPERVISION OF:

P.K SHARMA H.R HEAD MRS.A.ABHILASHA

SINHGAD INSTITUTE OF MANAGEMENT VADGAON ,PUNE 41Page 2 of 63

DECLARATION

I, the undersigned, hereby declare that the Project Report entitled RECRUITMENT & SELECTION written and submitted by me to the University of Pune, in partial fulfillment of the requirement for the award of degree of Master of Business Administration under the guidance of MRS. A . ABHILASHA is my original work and the conclusions drawn therein are based on the material collected by myself.

Place: Signature of Student : PRACHI SETH

Date :

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CERTIFICATE

This is to certify that the Project Report entitled RECRUITMENT &SELECTION which is being submitted herewith for the award of the degree of Master of Business Administration of University of Pune, Pune is the result of the original research work completed by PRACHI SETH under my supervision and guidance. To the best of my knowledge and belief the work embodied in this Project Report has not formed earlier the basis for the award of any degree or similar title of this or any other University or examining body.

Place: Date: Signature of Research Guide

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ACKNOWLEDGEMENT

Inspiration and Motivation always plays a key role in the success of any project. If words are considered to be signs of gratitude then let these words Convey the very same my sincere gratitude to IPCA LMTD .for Providing me with an opportunity to work with pharmaceutical organization and giving necessary directions on doing this project to the best of my abilities. I am highly indebted to Mr. P.K SHARMA, and company project guide, who has provided me with the necessary information and also for the support extended out to me in the completion of this report and his valuable suggestion and comments on bringing out this report in the best way possible. I also thank Prof. A.ABHILASHA ,SINHGAD INSTITUTE OF MANAGEMANT VADGAON PUNE , who has sincerely supported me with the valuable insights into the completion of this project.

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Table of Contents

PAGE NO.

Introduction Company Profile Research design & methodology Conceptual background Data Analysis & Interpretation Findings ,suggestion & Conclusion Bibliography Questionnaire

8 12 27 39 43 62 65 66

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CHAPTER -1

INTRODUCTION

INTRODUCTION

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The present project study is on A Study on Role of Recruitment and Selection in IPCAPharma limited . This study highlights the concept of Recruitment and Selection. The significance of this study also identifies the prevailing measures adopted by IPCA LMTD to retain an Employee. This study also helps the company to analyze its strength and weakness and to take proper corrective measures. IPCA pharma Ltd. 'The Indian Pharmaceutical Combine Association Limited.' Was incorporated in October 1949. IPCA pharma, currently dedicated to manufacture bulk drugs, organic intermediates and formulations.

Executive Summary

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Chairman

Mr. R. S. Hugar

Managing Director Mr. Premchand Godha

Executive Directors Mr. A. K. Jain Mr. Pranay Godha

Directors

Mr. M. R. Chandurkar Mr. Babulal Jain Dr. V. V. Subba Rao Mr. A. T. Kusre

OBJECTIVE

Objective:Page 9 of 63

To implement theoretical concepts into Corporate by doing HR practices in organization. To know about recruitment and selection process in Pharmaceutical organizations. To know whether the recruitment process is appropriate to select the suitable candidate.

.

Scope:

To study about recruitment and selection process and problems during such process.

Purpose:To learn as much as I can from organization exposure so that can contribute to the companys strategy formation.

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CHAPTER-2

COMPANY PROFILE

COMPANY PROFILE:

profile: One of the first modern pharma factory of yesteryears was commissioned by Ipca at Mumbai in 1969. The company was originally promoted by a group of medical professionals and businessmen and was incorporated as 'The Indian Pharmaceutical Combine Association Limited.' in October 1949.

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The present management took over in November 1975 when the total turnover of the company was just Rs. 0.54 crores. Currently, this premise where Ipca started its operations, houses the Registered Office of the company. Key departments like International Marketing, R&D (Formulations) and Analytical Development Lab are located here.

Ipca is a fully integrated, rapidly growing Indian pharmaceutical company with a strong thrust on exports. Ipca's APIs and Formulations produced at world class manufacturing facilities are approved by leading drug regulatory authorities including the US-Food and Drug Administration (FDA), UK-Medicines and Healthcare products Regulatory Agency (MHRA), South Africa-Medicines Control Council (MCC), Brazil-Brazilian National Health Vigilance Agency (ANVISA) and AustraliaTherapeutic Goods Administration (TGA). With operations in over 100 countries, exports account for over 52% of the company's income. Forbes, a leading US business magazine, selected Ipca in 2003 among its top 200 successful, rising companies outside USA, with sales under USD 1 Billion. Over 19,000 companies were considered by Forbes, and of the 18 companies from India that figured in this list, only four were from the 'Indian Pharmaceutical Sector'. Ipca happens to be one of them. Subsequently, Ipca was selected by FORBES in this prestigious list for two consecutive years; 2004 and 2005. 2005-06 with exports accounting for Rs. 401.83 crores. The net profit for the year ending 31st March, 2006 stood at Rs. 63.98 crores. Formulations constitute 67 percent of the total income for 2005-06. Today, Ipca is one of the biggest manufacturers in the world of APIs Atenolol (Antihypertensive), Chloroquine Phosphate (Antimalarial), Furosemide (Diuretic) and Pyrantel Salts (Anthelmintic) right from the basic stage. Ipca is also one of the largest suppliers of these APIs and their intermediates world over.

Companys vision:

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To be one of the top 5 players in Indian Healthcare Industry with a strong international presence by delivering the best quality and environment friendly products at affordable prices .

PRODUCTSFormulation: Being one of the largest pharmaceutical corporations in India today, Ipca manufactures over 150 formulations representing various therapeutic segments and dosage. The dosage forms include tablets, capsules, oral liquids, dry powders for suspension, and injectables (liquid & dry). Ipca also manufactures formulations for many leading companies in the European Union under supply agreements. Active pharmaceutical ingradient

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Ipca is one of the largest manufacturer and exporter of APIs backed by more than 27 years of expertise in pharmaceutical manufacturing. Ipca's APIs are well accepted all over the world and are currently exported to the regulated as well as to the non-regulated markets in all the major continent DRUG INTERMIDATE: 2-Bromo-6-Methoxy-Naphthalene (2BMN) 4,7-Dichloroquinoline (4,7 DCQ) 2,4-Dichloro-5-Sulphamide Benzoic Acid (Lasamide) P-Hydroxy Phenylacetamidem (PHPA) 3-Methyl Thiophene-2-Carboxaldehyde(3MeT2A) 4-(2-Methoxyethyl)phenol (MEP) 3,4,5-Trimethoxy Toluene (TMT) 2,3 Dimethoxy-5-Methyl1, 4-Benzoquione (CoQo) 2,3 Dimethoxy-5-Methyl1, 4-Hydroquine (CoQo) 2-Phenyl-2-(Pyridyl) Acetamide 2-Phenyl-2-(2-Piperidyl) Acetic Acid 4-Amino-6-Chloro-1, 3-Benzene Disulfonamide (Chloraminophenamide)

Ipca laboratories Limited, Dehradun ORGANOGRAM OF HR & ADMINISTRATION DEPARTMENT

HR

Admn.

Security

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Officer/Supervisor Mr.Prem S. Bist Ms. Uma Bharti

Officer/Supervisor Mr. Nitin Gupta Tele.Op. Vacant

Supervisor Mr. Rajesh Shukla Lal Sahab Yadav

Officer Mr.N.S. Bist PA To GM

Operator Mr. Manoj Mr.Manoharlal Vacant

COMPANYS VALUES:

Creativity leads to innovation which lays the foundation for success. Innovative and updated technology to produce the best quality products . Utmost care for employees, customers and the society we live in. Respect the employees and their contributions at workplace. Committed to the highest standards of ethics and integrity . Teamwork is the lifeblood of the organization. Trust in the relationships with clients.

COMPANYS PROMINENT AWARDSPage 15 of 63

Ipca received Best Patent Award during the year 2007 08 Financial Results Financial Results

January 30, 2009 January 22, 2009 October 31, 2008

Ipca - Heritage Alliance Introduces Propranolol Tablets in the October 13, 2008 U.S. Market Q1 Financials Results Ipca signs Partnership Agreement with Clinton Foundation July 25, 2008 July 17, 2008

Ipca - Ranbaxy Alliance receives U.S. FDA Marketing June 17, 2008 Approval for Metoclopramide Tablets. Ipca receive U.S. FDA Hydrochloride Tablets Financial Results Ipca is now expanding their global footprint. MHRA-UK Certifies 3rd plant of Ipca Laboratories Ltd. Approval For Propranolol June 4, 2008 May 29, 2008 April