Chetana’s Institute of Management & Research (CIMR) proudly hosted the Convocation ceremony on 8th February 2025, for the PGDM, PGDM(Marketing), and PGDM (Retail Management) Batch of 2022-24, marking a significant milestone in the academic journey of our graduates. The event was a grand celebration, filled with pride, inspiration, and a sense of accomplishment.
Distinguished guest, faculty members, and proud parents gathered to witness the conferral of degrees, accompanied by motivating addresses from industry leaders and academicians. The ceremony was a testament to the dedication and perseverance of our students, who are now ready to embark on their professional journeys.
We were honored to have our alumni of CIMR 1997- 99 batch, Mr. Roshan Shaikh, CEO of Zepto, as the Chief Guest at the Convocation Ceremony for the Batch 2022-2024. In his inspiring address, he shared valuable insights on leadership, innovation, and the ever-evolving business landscape, motivating graduates as they step into their professional journeys.
His words of wisdom left a lasting impact, encouraging students to embrace challenges, stay resilient, and strive for excellence in their careers. We extend our heartfelt gratitude to Mr. Shaikh for gracing the occasion and inspiring the next generation of business leaders.
Dr Nandita Mishra, Director CIMR proudly read out the achievements of CIMR in her annual report.
Diplomas were awarded to 243 students, 176 in PGDM, 58 PGDM Marketing and 9 PGDM Retail Management students
Ms Ria Goenka received the Presidential Award for Academic Achiever- overall topper, Mr Amish Sachde received the Presidential Award for Out Standing Overall Performance.
Bank of Baroda, has recently launched an initiative, the "Achievers Award," aimed at recognizing and encouraging students' excellence in the fields of Academics, Sports, and All-Round Performance (encompassing Arts, Sports, Social Service, etc.).
This initiative reflects the commitment to fostering talent and strengthening collaboration with esteemed institutions like ours. The student under each of the following categories:
Dr. Madhumita Patil, CEO of CRKIMR and CIMR and Pandit Shridatta Haldankar, President of Chetana Trust graced the occasion and shared their insights with the graduating class.
Heartiest Congratulations
Chetana’s 8th event of HROPSYS was a dynamic gathering focused on exploring how organizations can harmonize three critical components People, Process, and Technology to drive success in today’s fast-paced business environment. The event was organized by the HR, Operations, and Systems Departments of CRKIMR & CIMR on Friday 20th December 2024.
The theme of the event was ‘Collaborative Transformation: HR, Operations, and IT Driving Smart Workplace Revolution’.
The event was declared open by Dr. Madhumita Patil, CEO CRKIMR and CIMR. Dignitaries were welcomed by CEO ma’am. Our esteemed keynote speaker Mr. Jitendra Sharma, President - Group Human Resources Wilmar International Renuka Sugars Limited delivered an inspiring address. In his valuable address he focused on SMART WORKPLACE: A Convergence of People, Process, and Technology, emphasizing ‘Workplace 2030: Designing Smart Spaces for People and Productivity’.
His profound presentation and practical insights on how organisations are adopting technology and creating connected smart and sustainable workplaces were truly transformative. The excellent case he explained about how his esteemed organization has transformed workspace innovatively. It has has encouraged students to develop a deeper understanding of the theme, as well as the potential opportunities and challenges in adopting new-age technologies.
As a part of the event, after the inaugural session and keynote address, esteemed members and from HR, IT, and Operations functional domains gathered for a dynamic panel discussion titled "Collaborative Transformation: HR, Operations, and IT Driving Smart Workplace Revolution". The event aimed to share their experiences on the theme of Smart workplaces.
The panel featured a diverse group of experts:
Ms. Ashmi Mehra, Co-Founder & CBO of Brained
Ms. Tejashree Talpade, Group Chief Human Resources Officer, SRV Hospitals
Mr. Asim Parasha, Partner of PwC India
Chinmay Gavankar, Director-Solution Specialists- (Data & AI)-BFSI & MFG Business, Microsoft
Panel Discussion -Key Highlights
The discussion was moderated by our renowned faculty member at CIMR, Professor Dr. Mahesh Luthia, Area Chair - Organizational Behaviour and Human Resources Management who guided the conversation through various dimensions and the topics in the realm of the Significance of Smart Workplace and the challenges in various industries.
Mr. Asim shared excellent examples of how new-age technologies are transforming the workplace, streamlining operations, and reshaping the future of work across various industries. His expertise and insights inspired students to develop a deeper understanding of the theme, along with the opportunities and challenges involved in adopting technology.
Ms. Asmi Mehra emphasized how new-age technologies are transforming the workplace, streamlining operations, and reshaping the future of work across various industries.
Ms. Tejashree Talpade, Group Chief Human Resources Officer, SRV Hospitals highlighted on the significance of a Smart workplace, challenges with talent strategy, performance management, cross-cultural collaboration, and senior leader relationship management.
Ms. Chinmay Gavankar, Director-Solution Specialists- (Data & AI)-BFSI & MFG Business, Microsoft shared valuable insights on how new-age technologies are transforming the workplace, streamlining operations, and reshaping the future of work across various industries. He also shared his expertise on adopting "Data and AI first" approach and building roadmaps for the adoption of AI and Data services for the Smart workplace.
User Engagement
The session concluded with an engaging Q&A segment, where attendees posed thought-provoking questions about the theme. The panelists shared compelling insights that sparked engaging discussions among the audience, encouraging everyone to participate actively.
Conclusion
The panelists shared thought-provoking insights on Smart workplace and challenges across industries. They focused on the synergy of People, Process, and Technology saying it is not emphasized just about innovation—it's about integration. They also emphasized success lies in striking the right balance with these three pillars for collaborative efforts needed to drive meaningful change in the industry.
The Session ended with a vote of thanks by Prof. Dr. Sandeep Nemlekar Program Chair Marketing CIMR.
Student competition: Merger Mubarak on December 19, 2024
Venue: CIMR, Bandra East, Mumbai
Industry Conclave on December 21, 2024
Venue: Bal Gandharva Rang Mandir, Bandra West, Mumbai
Arthanaad, the annual conclave organized by the Finance students of Chetana’s Institutes of Management and Research was started in 2017 to provide a platform for the Finance specialization students to connect with senior industry professionals in the world of finance. Since its inception, the forum has conducted events on topical themes ranging from capital markets to banking and investments and has witnessed a galaxy of industry stalwarts as speakers at the event.
Arthanaad comprised of one student competition ‘Merger Mubarak’ on 19th December 2024, and Industry Conclave on 21st December, 2024.
Click here for the complete report.
It is rightly said that ग्राहकसंतोषः विपणनस्य परमं लक्ष्यम्। (Grāhaka-Santoṣaḥ Vipaṇanasya Paramaṁ Lakṣyam.) which means Customer satisfaction is the ultimate goal of marketing. विपणन (Vipaṇan) meaning Marketing in Sanskrit is a flagship annual event of Marketing Specialization at the Chetana’s Institute of Management & Research. The theme of Vipanan 2024 was "Branding in the age of AI".
Majorly the event consisted of two parts:
Highlights Vipanan 2024 :
On the 24th of February 2024, CHETANA’s prestigious flagship event, “ELIXIR 2024,” took center stage, illuminating the hearts and minds of all in attendance.
With the stage set, lights beaming, and an air buzzing with anticipation, ELIXIR 2024 emerged as a beacon of enlightenment, continuing the legacy of its inception in 1992.
ELIXIR has always symbolized more than just an event—it embodies a vision, a spark of inspiration that fuels the exploration of societal and economic evolution. Rooted in this ethos, ELIXIR 2024 stands as a testament to the enduring spirit of enlightenment and innovation.
NITI VISHLESHAK
The event began with the anchors speaking about the previous years’ experience and the audience was treated to a glimpse of last year’s extravaganza, a testament to the triumphs and achievements witnessed as minds converged to dissect India’s march towards a Five Trillion Economy. A small video was played.
After a captivating glimpse into the past year's extravaganza, the distinguished anchors gracefully invited all esteemed dignitaries to partake in the Lamp Lighting Ceremony. This, steeped in tradition and symbolism, serves as a poignant reminder of the illumination of knowledge and the collective journey toward progress.
With each dignitary taking their place, the atmosphere became imbued with reverence and anticipation, setting the stage for a truly transformative experience.
After the lamp-lighting ceremony, the anchors revealed the theme for ELIXIR 2024.
With great fervor, they introduced the theme: "Start-ups: Shaping India's Five Trillion Economy," echoing the winds of change blowing through the nation's economic landscape.
Drawing inspiration from the rich tapestry of ancient Indian wisdom, the hosts emphasized the theme as a call to action, urging attendees to become active participants in shaping the future.
Dividing the event into seven sectors, each named after the revered Sapta Rishis of ancient times, symbolized a homage to the diverse facets of knowledge and wisdom embodied by these legendary figures.
ELIXIR 2024 featured seven divisions, each bearing the name of a Sapta Rishi from ancient times. These divisions, namely Atri, Bharadwaj, Charak, Durvasa, Markandeya, Agastya, and Bhrigu, were more than just titles; they were embodiments of wisdom and enlightenment.
As 42 teams eagerly took their place in this intellectual arena, they embodied the spirit of their division's namesake, embracing the virtues of innovation, perseverance, and compassion in their pursuit of excellence.
Moving further, the spotlight was then put on the dynamic synergy of key industries that are the backbone of India's economy in which the teams were going to perform the roleplay.
Agriculture, Food Processing, IT, Manufacturing, Textile, Renewable Energy, Rural, and Cottage Industries. These sectors not only serve as engines of growth but also represent fertile ground for aspiring entrepreneurs to flourish and innovate. They embody the essence of India's economic evolution, offering promising opportunities for sustainable development and prosperity. As we delve into the intricacies of each sector, we unveil a tapestry of possibilities, where tradition meets innovation and creativity sparks transformative change.
The anchors then took a nostalgic trip back to the beginning of the event, reminiscing about the excitement and anticipation of announcement day.
They described the exhilaration of fundraising, the strategic bidding at the auction, and the palpable tension and excitement of the presentations.
Building on this energy, they introduced Bizwiz, a platform curated by Niti Vishleshak, designed to elevate the entrepreneurial experience in this year!
After the presentation round, the division was split into two parts. One half dedicated their efforts to preparing for Bizwiz, fine-tuning their innovative business ideas and strategies to present to the panel of judges.
Meanwhile, the other half delved into the intricacies of the roleplay round, honing their acting skills, and delving into the personas and scenarios they would embody on stage. With focused determination, both groups embarked on their respective paths, ready to showcase their talents and expertise in their chosen domains.
Following the elimination round, one outstanding team from each division was selected to advance to the final round. These exceptional teams showcased not only their proficiency and innovation but also their ability to adapt and excel under pressure. These finalists embodied the spirit of excellence and determination, poised to leave an indelible mark on the event's grand finale.
The event was officially inaugurated by none other than the CEO Dr. Madhumita Patil, whose visionary leadership has been instrumental in shaping the organization's trajectory. Her opening remarks resonated with the audience, inspiring them to embrace the spirit of innovation and seize the opportunities that lay ahead.
Shortly after the event's commencement, with insightful words from CEO madam emphasizing the significance of Chanakya as the mascot for Niti Vishleshak and the event's overarching importance, the stage was graced by the presence of our very own Chanakya.
With profound insights and timeless wisdom, our Chanakya imparted invaluable guidance to the audience, setting the tone for an event filled with enlightenment, inspiration, and visionary thinking.
Before commencing the first performance of the day, the anchors took a moment to express heartfelt appreciation to all the sponsors whose generous contributions played a pivotal role in making the event a resounding success. Their unwavering support and commitment to fostering entrepreneurship and innovation have been instrumental in shaping ELIXIR 2024 into a grand and unforgettable occasion.
OUR SPONSORS WERE:
Subsequently, the event progressed with the performances
The first performance was based on the “AGRICULTURE” sector by team BHRIGU.
The livelihoods of 151 million people in India are reliant on agriculture, which constitutes a substantial 60% of the country’s population. Focusing on all these aspects they presented the roleplay on the following policies.
● Rashtriya Krishi Vikas Yojana
● National Mission for Sustainable Agricultures
● Agriculture Export Policy
Following the roleplay performance, the event transitioned to the BizWiz team's presentation, during which they showcased their distinctive elevator pitch.
Start-up Idea: Saathi Bio-Stimulator
“We aim to revolutionize agriculture by providing essential nutrients like zine and boron, empowering farmers for sustainable and profitable harvests, and envisioning a world where nutrient deficiencies are eradicated. Saathi is a bio-stimulant that uses friendly bacteria to unleash hidden zine and boron in your soil, naturally boosting crop yields and quality. All without harming the environment.”
The idea presented was exceptionally innovative, showcasing the team's creativity and the depth of their ideas.
The second performance was based on the “FOOD PROCESSING” sector by team AGASTYA.
India’s food processing sector is one of the largest in the world and it is expected to reach US $535 billion by 2025-26. The rise in the preference for processed food is driven by two worldwide consumer megatrends. Focusing on all these aspects, they outlined the roleplay concerning the following policies.
● Pradhan Mantri Kisan Sampada Yojana (PMKSY)
● PLI Scheme
● Make in India
Following the captivating roleplay performance, the spotlight shifted to the BizWiz team's eagerly anticipated presentation. With enthusiasm and expertise, they unveiled their unique elevator pitch, captivating the audience with their innovative ideas and strategic vision.
Start-up Idea: Prineat
“The protein bars available in the market are high in sugar as well as preservatives so we are providing freshly made 3D-printed protein bars which can be customized as per consumer requirements. “PRINEAT” 3D printing machine designed for gym owners, fitness centres, and sports clubs seeking to revolutionize their fitness nutrition offerings.”
The concept was truly remarkable, showcasing the team's creativity and innovative ideas in a captivating manner.
The third performance was based on the “RURAL AND COTTAGE” sector by team MARKANDEYA.
The rural and cottage sectors typically refer to areas and industries outside of urban centres, often characterized by agriculture, small-scale manufacturing, and traditional crafts. These sectors play a significant role in many economies, contributing to employment, cultural heritage preservation, and local economies. Focusing on all these aspects, they outlined the roleplay concerning the following policies.
● Khadi Vikas Yojana
● Aspire Vikas Yojana and Coir Vikas Yojana
● Gramodyog Vikas Yoajana and Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
After the captivating roleplay performance, the spotlight shifted seamlessly to the BizWiz team's presentation. With precision and flair, they unveiled their distinctive elevator pitch, captivating the audience with their innovative ideas and compelling vision.
Start-up Idea: BEE-LIVE (Make life sweeter naturally)
“In a nutshell, consumers face a gap in finding beverages that balance taste and wellness. Our solution offers two distinct products: honey-infused beverages and lime honey detoxifier sachets, catering to diverse preferences while addressing the need for natural, refreshing options. To harness the sweetness & health benefits of honey products thereby driving economic empowerment and sustainable development in India. To create a global brand selling high-quality, flavoured honey products, while positively impacting rural communities in India through employment opportunities.”
The concept was exceptionally impressive, epitomizing the team's dedication to creativity and innovation.
The fourth performance was based on the “MANUFACTURING” sector by team ATRI.
Manufacturing is emerging as an integral pillar in the country's economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of India’s GDP pre-pandemic. Focusing on all these aspects they presented the roleplay on the following policies.
● PLI SCHEME
● National skill development mission (NSDM)
● Start-up India
Following the captivating roleplay performance, the spotlight seamlessly shifted to the BizWiz team's presentation. With an air of confidence, they unveiled their distinctive elevator pitch, captivating the audience with their innovative ideas and compelling vision.
Start-up idea: Drop It
“The problem that the product "mobile phone airbag" aims to solve is the frequent occurrence of accidental drops and damage to mobile phones.
The "mobile phone airbag" addresses this problem by providing a protective airbag system that deploys upon detecting a fall, cushioning the impact, and reducing the likelihood of damage to the device.”
The concept exuded excellence, epitomizing the team's adeptness in harnessing creativity and innovative thinking.
The fifth performance was based on the “RENEWABLE ENERGY” sector by team BHARADWAJ.
Renewable Energy is booming all thanks to cheaper solar and wind tech backed by improved battery storage. Government support and environmental concerns are driving growth despite challenges like intermittency. Considering all these aspects, they presented the roleplay on the following policies.
● Research & Development
● Biotechnology Industry Partnership Program
● Incubation Centre
After the captivating roleplay performance, the spotlight shifted seamlessly to the BizWiz team's presentation. With finesse and flair, they unveiled their distinctive elevator pitch, leaving the audience spellbound by their innovative approach and compelling vision.
Start-up Idea: Introducing E-DOOR
“E-door energy solutions revolutionizes energy sustainability with innovative door generators, harnessing kinetic energy from swing and revolving doors, we generate clean electricity for commercial and public spaces. To meet energy demand and combat climate change renewable energy and unconventional sources offer clean, sustainable solutions, reducing reliance on fossil fuels and stabilizing the climate.”
The concept impressed profoundly, epitomizing the team's exceptional creativity and the depth of their ideas.
The sixth performance was based on the “IT” sector by team CHARAK.
IT sector encompasses a wide range of technologies and services, including software development, hardware manufacturing and IT consulting. The policies included in this sector were:
● Software Technology Parks of India
● Electronics & Semi-conductor Development Programmed (ESDP)
● National Software Product Policy
Following the captivating roleplay performance, the spotlight shifted to the BizWiz team's presentation, where they unveiled their unique elevator pitch with flair and finesse.
Start-up Idea: Introducing E-DOOR
“The problem “Many people struggle to vividly relive their memories, and traditional methods often lack immersive experiences. The software with the help of AI aims to address this by creating a virtual world from past images, providing a more engaging and nostalgic way to revisit and cherish personal memories.”
The idea was exceptionally impressive, serving as a testament to the team's commendable creativity and ingenuity showcased throughout.
The seventh and the last performance was based on the “TEXTILE” sector by team DURVASA.
India holds a prominent position in global textile market, standing 2nd in textile exports. It's contribution to India's GDP comprises 2.3% of its earnings, 13% of production, and 12% of exports. Considering all these aspects, they presented the roleplay on the following policies.
● National Textile Policy 2000
● Samarth Policy
● Powertex India Scheme
After the roleplay performance concluded, the spotlight shifted to the BizWiz team as they took the stage to deliver their presentation.
Start-up idea: ECO KICKS
“Our start up is weaving a story where sustainability intersects with elegance, leading the way to a more vibrant and stylish future. Walk with us as we move towards an eco-friendlier horizon, taking strides towards a greener world with each customizable, affordably- priced step.”
The concept exuded excellence, epitomizing the team's adeptness in harnessing creativity and innovative thinking.
As the final performances wrapped up, anticipation filled the air as it was time to announce the winners. However, before diving into the results, a heartfelt award ceremony was held to honor the dedication and hard work of each division involved in the 70-day event. This ceremony served as a moment of appreciation, acknowledging the significant contributions made by every team throughout the event.
As the tension mounted, it was finally time to reveal the winners:
TEAM DURVASA claimed the Second Runner-up title from the Textile sector, showcasing their prowess in innovation.
In a thrilling turn of events, a tie for First Runner-Up emerged between TEAM MARKANDEYA from the Rural & Cottage sector and TEAM BHRIGU from the Agriculture sector, both exemplifying excellence and dedication in their respective fields.
And finally, claiming the prestigious title of ELIXIR-2024 champions was none other than TEAM CHARAK, demonstrating their unparalleled expertise and groundbreaking achievements in the IT sector.
Amidst cheers and applause, these teams stood out as shining examples of talent and ingenuity, leaving an indelible mark on ELIXIR-2024.
ELIXIR-2024 proved to be a resounding success, offering students a comprehensive experiential learning platform. Throughout the event, participants were exposed to diverse roles, including teamwork, strategy formulation, online and offline marketing, policy understanding, and collaborative ventures.
Through various activities and challenges, students gained practical insights into teamwork dynamics, strategic decision-making processes, and the nuances of online and offline marketing strategies.
The event also served as an invaluable learning opportunity for students, allowing them to acquire hands-on experience in a simulated corporate environment. From devising marketing campaigns to navigating complex policy frameworks, participants were equipped with practical skills that are directly applicable in the professional world.
In conclusion, ELIXIR-2024 emerged as a triumph, providing students with a holistic learning experience that transcended traditional classroom settings. By immersing themselves in various roles and responsibilities, participants acquired invaluable skills and insights that will undoubtedly serve them well in their future careers.
ELIXIR-2024 stands as a testament to the power of experiential learning and the potential for students to thrive in dynamic, collaborative environments.
Chetana's Institute of Management and Research hosted the Convocation ceremony on March 2nd, 2024, for the PGDM, PGDM(Marketing) and PGDM (Retail Management) Batch of 2021-23. The event was a testament to the hard work and dedication of both the students and faculty members. It was an honour to welcome back two esteemed alumni of Chetana's Institute of Management and Research, Chief Guest, Mr. Ravi Chawla, MD and CEO of Gulf Lubricants and Guest of Honour, Mr. Sadanand Patil, ex Vice President, Axis Bank, who graced the occasion with their presence.
The Founder President award for Academic Excellence was presented to Deep Mamniya for demonstrating outstanding academic performance and securing the highest CGPA among all the students across programs. The Founder President award for Overall Outstanding Performance was awarded to Ms. Harsha Gwalani for her exceptional contributions and achievements during the course of the program. A total of 233 students were awarded their PGDM diplomas, symbolizing the successful completion of their academic journey at Chetana's Institute of Management and Research.
Dr. Madhumita Patil, CEO of CRKIMR and CIMR and Pandit Shridatta Haldankar, President of Chetana Trust graced the occasion and shared their insights with the graduating class. The Convocation ceremony was a memorable and inspiring event, marking the beginning of a new chapter in the lives of our graduates. We congratulate them on their achievements and wish them success in their future endeavours.
Date: October 21, 2023
Location: Chetana Institute of Management and Research (CIMR) and Chetana’s R.K. Institute of Management and Research (CRKIMR)
Theme: FINTECH – Redefining Finance
Introduction:
Arthanaad 2023, an annual finance conference, was successfully organized by Chetana Institute of Management and Research (CIMR) and Chetana’s R.K. Institute of Management and Research (CRKIMR) on October 21, 2023. This year's conference revolved around the theme of "FINTECH – Redefining Finance" and featured a distinguished line-up of speakers and experts. The event was inaugurated by esteemed guests, including Mr. V.S. Sundaresan (Executive Director, SEBI), Dr Shridatta S. Haldankar (President- Chetana Trust), Dr. Madhumita Patil (CEO, CIMR & CRKIMR), and Dr. Nandita Mishra (Director, CIMR).
Inauguration:
Dr. Madhumita Patil (CEO, CIMR and CRKIMR) welcomed the attendees and officially declared Arthanaad 2023 open. The conference was organized into three distinct sessions: Fireside Chat, Panel Discussion, and Tec-F Session.
Fireside Chat: Session 1 - Mr. V.S. Sundaresan:
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The first Fireside Chat session featured Mr. V.S. Sundaresan, who shared valuable insights into the changing dynamics of the regulatory environment in the digital era.
Mr. Sundaresan, despite his regulatory background, engaged the audience with real-life examples related to capital market frauds and SEBI investigations.
The session was further enriched by the thoughtful and challenging questions posed by the moderator, Mr. Srinath Sridharan.
Fireside Chat: Session 2 - Mr. Navin Surya
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The second Fireside Chat featured Mr. Navin Surya, an esteemed Fintech expert, who explained how Fintech has revolutionized the financial landscape. Mr. Surya delved into the role of demonetization and the Covid-19 lockdown in driving the adoption of technology in the delivery of financial services. The session was moderated by Prof. Dr. Nehal Joshipura, an Associate Professor at CIMR.
Panel Discussion: Traditional Vs. New Age Wealth Management:
The Panel Discussion session focused on the critical theme of "Traditional Vs. New Age Wealth Management." Distinguished panellists, including Mr. Vijay Kuppa (CEO, Incred Money), Mr. Anurag Jhanwar (Co-founder, Upwisery), and Mr. Amit Lalan (Director, Upstox), shared their expertise. The panel discussion gave insights about the changing dynamics of wealth management practices in the digital era. The session was skilfully moderated by Prof. Dr. Chirag Shah, an Associate Professor at CIMR.
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Tec-F Sessions: The Tec-F Sessions, designed in the style of TEDx Talks, provided valuable insights into the Fintech space.
Tec-F: Session 1 - Mr. Lalit Popali:
Mr. Lalit Popali, Senior Managing Partner at Greenedge, presented an informative overview of various companies operating in the Fintech sector. His session comprehensively covered Fintech companies in the finance domain and concluded with an insightful case study on Paytm.
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Tec-F: Session 2 - Mr. Shubham Agarwal:
Mr. Shubham Agarwal, Founder of Quantsapp, shared his journey from working at Motilal Oswal to founding his own firm, Quantsapp. He simplified technical and complex terminologies related to derivative trading, keeping the audience engaged and encouraging student participation.
Prize Distribution: At the conclusion of Arthanaad 2023, a prize distribution ceremony recognized and celebrated the innovative fintech solutions developed by student Finnopreneurs. The competition showcased a wide range of topics, including investor education, algo trading, GST and finance management of SMEs, Loan underwriting, identifying individual behavioural biasness, investment in unlisted stocks, and acting as an aggregator for one-stop KYC solutions for FIUs. The competition was won by "Team Arthavidhi," which developed an app aimed at helping young people discipline their spending habits and achieve their financial goals.
Student Finnopreneurs Presenting their Fintech model to Dignitaries
Conclusion:
Arthanaad 2023 was a resounding success, providing a platform for thought leaders, experts, and students to explore the transformative power of FINTECH in redefining the finance industry. The conference not only facilitated knowledge sharing but also encouraged innovative thinking among the next generation of financial professionals. This year's event was a testament to the commitment of CIMR and CRKIMR in fostering excellence in the field of finance.
We look forward to Arthanaad 2024 with great anticipation, as it continues to be a premier event in the world of finance.
Saturday, 4th November 2023, 10 to 5 p.m.
The 7th event of HROPSYS was organized by the HR, Operations, and Systems Departments of CRKIMR & CIMR on Saturday, 04th of November, 2023. "HROPSYS" is the students' forum of students of HR, Operations, and System specialization of Chetana's Institutes of Management and Research. The forum integrates three functional areas and provides a platform for students to adopt a multi-disciplinary approach.
The HROpSys 2023, WorkRevolution 5.0, Tech-driven Optimisation' aims to gain a deeper understanding of the opportunities and challenges of Industry 5.0 from a multi-stakeholder perspective. Work Revolution 5.0 was an effort to bring different corporate thought leaders to share their perspectives on the possible applications and challenges of the new-age technologies namely Artificial Intelligence, Cobots, Digital Twins, Block Chain, IoT, Big Data Analytics, 6G, and beyond in Industry 5.0.
The event was declared open by Dr. Madhumita Patil, CEO CRKIMR and CIMR. Dignitaries were welcomed by President Shri Shridutt Haldankar and CEO ma’am. Dr. Kavita Khadse, Senior faculty-IT, CRKIMR and Dr. Sandeep Nemlekar, Professor- Operations, CIMR set the context by sharing the genesis of HROpSys and the theme of HROpSys 2023. Dr, Mahesh Luthia, Professor-HR, CIMR and Ms. Lipika Koli, Assistant Professor, HR, CRKIMR introduced the concept and themes of the Ideathon Competition.
Our keynote speakers unveiled how Industry 5.0 technologies can foster collaboration, innovation, and adaptability within organizations, ultimately creating a more efficient, agile, and people-centric work environment centred around sustainability. The keynote speakers comprised of :
● Mr. Vishal Sharma, Global head, Glenmark Pharmaceuticals.
● Mr. Kunal Moon, Associate, Director, BFSI, Gupshup.
● Mr. Vishal Chandratre, Senior Manager, Godrej and Boyce Mg.co.ltd.
Mr. Vishal Sharma shared his insights into how technology is helping mankind to work more effectively and efficiently to manage the given work. He presented an overview on the changing nature of work, the role of technology at workplace. He created awareness among the students on the top 10 skills required in 2025. His findings on the new skills paradigm, encouraged students to reflect on how they must view their careers breaking functional silos. He also highlighted the role of HR as a strategic business partner in the next normal leading organisations and the importance of good data for data-driven decision making.
Mr. Kunal Moon highlighted on the evolution of the Industrial Revolution. He spoke about the technology journey from Industry Revolution 1.0 to 5.0. He also focused on what problem technology is going to solve to make our lives easier. He elaborated with some examples on how technology enables users with diverse experiences. He provided examples on how robotics jave replaced manpower in manufacturing and service industries and how organizations use data to develop their strategies to grow their customer base.
Mr. Vishal Chandratre highlighted the three pillars of digital transformation which included Rejuvenate, Innovate and Pioneer. As part of Rejuvenate he spoke on how technologies such AI, ML, Industry 4.0 can improve processes and bring efficiency. He demonstrated how Smart manufacturing, advanced analytics, enterprise analytics, etc could help organisations innovate. He emphasised the need for organisations to be pioneers in implementing technology. He shared an example of AI and ML implementation in Godrej for defect detection in wielding and color judgment. Under pioneering he talked about omnichannel customer experience and connected products. He also discussed what is next for the industry like smart manufacturing, advanced analytics, etc.
The Session ended with a vote of thanks by Dr. Nandita Mishra, Director, CIMR
‘Envisioning Organisations in Industry 5.0 : A future outlook’
The enriching inaugural session was followed by a panel discussion where industry experts to shared their perspectives on how the future may unfold in Industry 5.0, in terms of potential, challenges and future directions.
The panel members for the panel discussion were as follows:
● Mr. Piyush Malani, Head Infra Development & ESG, PISPL.
● Mr. Sanket Urkande, General Manager, GM Modular.
● Mr. Sidheshwar Tiwari, Senior Manager, HPCL.
● Mr. Visat Patel, Founder and CTO, Ushwa.
The panel discussion was moderated by Mr. Lalit Popli, senior managing partner, Green Edge Capital Advisors Pvt Ltd.
The panelists started the discussion by sharing their view on IoT technology and how it helps in tracking logistics. They emphasized that technology will not take their jobs but will create new opportunities for tech based roles and encouraged them to track changes in the environment.
Mr. Urkande also highlighted that technology will be affordable in the future for which he gave Tesla example. Mr. Patel explained the types of technologies that will be there in Industry 4.0 and Industry 5.0 and said that Industry 4.0 will have technologies like AI, ML, AR, VR, etc, and Industry 5.0 will just be the enhancement of technologies that are already there.
Mr. Tiwari helped the participants understand how the government sector has started adopting and adapted technology lately and he also used his example of how HPCL uses AI and IoT sensors for reducing errors during the refining of crude. He also highlighted risks with the adoption of technology like lack of training and development of the operators, cyberattacks, etc. They also talked about sustainability and reducing carbon footprints by improving technologies in Industry 5.0.
The common theme that could be identified based on the panel discussion was the versatility of Industry 5.0 in different industries and the importance of training for developing new skill sets to support. The speakers encouraged students to reflect on the changing job roles and skill required to be better prepared.
Mr. Lalit Popli played a key role in navigating the discussions and engaging the audience as the moderator.
The Panel discussion ended with a vote of thanks by the Area Chair of PGDM HR Dr. Mahesh Luthia.
Ideathon Competition 2023
The post lunch session witnessed exciting event, “Ideathon” as part HROPSYS 2023.
The objective of the HROPSys Identhon 2023 is to enable students to work in cross-functional teams comprising students of HR. Operations and Systems specialization to work on real-life business situations in the context of Industry 5.0 and ideate a solution to a problem. The problems were sourced by the students based on industry interaction or secondary research based on the theme of the event. They were expected to develop an innovative idea, that should focus on using new-age technologies, improve workforce planning or development from an HR perspective, and streamline operations. Each team would present their innovative solution. Out of 8 teams, only 4 teams reached the final round and presented before the Alumni judges of CRKIMR and CIMR on the day of the event.
The Ideathon competition judges were:
● Mr. Dhaval Mistry, Director, Principal Consultant, Fractal.
● Mrs. Priyanka Landge, Senior Manager- HR, GEP Worldwide.
● Dr. Manasi Patil, HBNI Fellow in Paediatric Palliative Medicine, TATA Memorial Hospital.
● Mr. Bhavesh Parmar, Associate Consultant, TCS.
The first team to showcase their presentation was the Team “ChangeGenuises”. Their company AgroAcres aimed to provide smart supply chain management to the agricultural sector. With their IOT sensors for collecting data and AI for analyzing data, they aimed to solve problems of the manufacturers related to finding the origin of vegetable products and identifying problems in the produce.
The second team to present was team “Virtual Visionaries”. They aimed to solve the problem of poor adaptability of new technologies in the manufacturing industry. Through the use of VR, they provided solutions for designing and prototyping products for the training and development of workers.
The third team to present was the team “Rescue Raptors”. Through the use of technologies like ultrasound sensors, drones, and AI they aimed to make rescue operations during disasters more efficient.
The fourth team to present was team “Careshield”. They provided all-round health and fitness tracking in their app and aimed to provide early detection of medical issues. Some of their features were tracking routine activity, predictive analysis, and insurance claims, amongst others.
Based on the presentations and Q&A with the judges, following teams were declared as winners:
● Team “Rescue Raptors” : Winner, Ideathon Finale Competition 2023.
● Team “Virtual Visionaries” : Runners-up, Ideathon Finale Competition 2023.
Dr. Madhumita Patil, Shri Shridutt Haldankar, Dr. Nandita Mishra and faculty members from HR, Operations and Systems felicitated the winners of the Ideathon competition. The winning team won a Cash Prize of Rs. 12,000 and Runner-up team Rs. 5000/- with certificates.
As part the learning events of HROpSys 2023 for the Junior batch i.e. PGDM 2023-25, competitions were organised. Following classes were declared winners for each activity :
● Treasure hunt competition - PGDM A.
● Poster-making competition - MMS A.
● Kiosks making competition
o Most Innovative Kiosk - PGDM C.
o Most Creative Kiosk - MMS B.
● Reels contest - PGDM marketing.
Hriitik Shirsat, HR Student PGDM 2022-24 won the logo design competition and was felicitated for his leadership and contribution for leading the student organising committee of HROpSys 2023. Shantanu Sonawane, PG Marketing 2022-24, was awarded a certificate for his creative contribution to the event.
Dr. Kavita Khadse propose the final vote of thanks for the event.
HROpSys 2023 concluded by playing the national anthem.
Highlights HROpSys 2023 :
Saturday, 14th October 2023
The Annual Marketing Convention was organised by the Marketing Departments of CIMR on Saturday, 14th of
October, 2023. The theme of the event was ‘Marketing Reimagined: Trends, Tactics & Technological Triumphs’.
The idea was to explore the dynamic evolution of modern marketing. It stretches beyond traditional
boundaries, highlighting several key areas of focus like the role of artificial intelligence (AI) in
reshaping marketing, predictive analytics, chatbots, personalised recommendations and data-driven
decision-making, ultimately enhancing customer experiences and marketing strategies.
Session One: Addressed by the Chef Guest, Keynote Speaker, and Guest of Honour
The session began with Mr Biju Dominic, Chief Evangelist, Fractal Analytics.
He shared his experience of working in leading Advertising Agencies over the last 16 to 17 years. He
explained how today nearly 70% to 90% of products fail even after being marketed, the Six Sigma level of
failure in marketing organisations. He gave examples of case studies like Yellow stripes on Railway Tracks
and Reducing the distance of white stripes on roads to make drivers cautious. This helped to understand that
it is very important to know the Human brain, Psychology and then Marketers can analyse and predict consumer
behaviour, which would result in the success of their product or project.
The Keynote Speaker: Mr. Dinesh Sharma, Vice President of Commercial PC & Smartphone, System Business Group, Asus India, delivered his speech through some interesting case studies of Enterprise Channel Enablement, Customer Insights, and how the marketing process is different for B2C & B2B. He Shared how in the Asus Exclusive Store with the help of Digitalisation customers can customize their laptops as per their requirements.
The Chief Guest: Ms Reshma Qureshi, Head of Digital Enablement, TCS. She went down her memory lane of TCS, right from the slogan of TCS and how it changed through the years. She emphasized how important it is for management professionals to be keen on Excel and be updated with all the new IT tools that organisations are using.
Session Two: Panel Discussion
The panellists for the panel were esteemed alumni of CIMR as well as industry experts.
The panel discussion was moderated by PGDM (2022-2024) student Mr. Amish Sachde and Mr. Farhan Fayyaz Shaikh- PGDM 2025- 17 batch, was the alumni buddy moderator.
The panel discussion was divided into 3 segments
Some of the key takeaways are
Sector and Industry Perspective
Data is really important in today's world. Companies rely a lot on data to make decisions and understand transaction behaviour through numbers. Data plays an important part in marketing and in understanding the company’s needs. Companies are realizing customer importance and are spending a lot on data based on customer spending and buying behaviour. People are becoming more and more conscious regarding the environment because of the content they are consuming which is creating more awareness related to their planet. The two types of sustainability were also highlighted, the first one being eco sustainability which talks about how companies can protect the environment and business sustainability which talks about how companies have to survive by focusing on generating profits.
Company’s Perspective
Many companies are redefining marketing strategies to adopt AI in their day-to-day business process. AI adoption in companies will lead to unassisted business growth in many business segments of companies. Brand storytelling plays an important role for companies to connect with customers. For example, for many people, the first house is an emotion and when they take a loan from HDFC, it shows their trust in the HDFC brand for this emotion.
Thematic Discussion
Technology is at a constant stage of evolution and marketers need to be updated regarding the same and its implementation in their respective fields. Metaverse is a very revolutionary concept and it will cause many disruptions. But it is still very far fetched as there is no proper infrastructure or ecosystem for the users like no good internet speed and connectivity. If a proper ecosystem is created for the Metaverse many people will adopt the concept and will provide significant revenue to the companies. Measuring the ROI of marketing innovation is crucial. For companies to understand and increase their ROI it is very important for them to understand their KPIs and increase their team productivity.
Session Three: Presentation competition
In the elimination round, of 5th Oct 2023, there were 17 teams, where each team composed of PGDM II year and MMS II year students. The teams were asked to create a New to the world product, which included activities like coming up with a unique brand name, web page designing, tagline and marketing the same through role-play. Finally, five teams made it to the final round by outperforming the other teams in the elimination round.
For the final round, each team had 20 minutes. Their presentation included a captivating intro, product features, and addressing customer problems. Later they presented their brand story, branding strategy and positioning. They also defined their target audience, analysed competitors, and developed detailed marketing strategy, sales projections and budget allocation. They concluded by summarising key points and emphasising their problem-solving abilities.
The Brand-X-Challenge judges were:
The first team to showcase their presentation was the ‘Marketing Marshalls’. Their fashion and apparel brand Verde Couture offers various sustainable products like 80% Bamboo fabric shirts, 100% Bamboo blazers, Hand linen blouses, cactus leather belts, and shoes amongst others. Their product aimed to solve Indian women's issues like procuring appropriate and comfortable Western formal wear and products tailored for the body shape.
The second team to present was team ‘VR Wellness Revolution’. Their company VRcare 360 offered two products the first was VR Hope, which was for the B2B segment, and the second was VR 3rd Eye, which catered to the B2C segment. VR Hope aims to reduce pain, and nausea, improve mood, and reduce anxiety through its features like music therapy, virtual world, solfeggio frequencies, etc. VR 3rd eye provided features like infrared vision, sleep mode, anti-glare vision, etc as traditional sunglasses were not able to provide all these features.
The third team to present was team ‘Marketing Mavens’. Through their browser Databucks they aimed to solve issues like privacy risk, data leaks, and companies collecting data through cookies and provided features like a privacy centre, tracking companies collecting user's data, cross-platform information, reward system, etc.
The fourth team was team Promotive and through their truck ‘Optimus’ they aimed to solve the problem of truck driver accidents. Their product offers features like adaptive cruise control, automatic emergency brakes, automatic steering control, driver vigilant safety with driver safety, etc which ultimately enhances truck driver safety.
The last presentation was by team ‘7 Nomads’. Their travel and tourism app Ailgo by harnessing the power of AI aimed to provide a unique and personalised journey to its customers. Their app vouches to solve problems like price vs quality, and destination limit amongst others. This app also helped in creating jobs and promoting India’s rich culture and heritage.
Director of Chetana's Institute of Management and Research Dr. Nandita Mishra along with other dignitaries and marketing area faculty members, felicitated the members of the Organising Team of the event which included The Core Team of Vipanan, The Mercatus club of PGDM & The Marketing club of MMS. Later they announced the results of BrandX competition and Poster making competition.
Winners of the Brand X competition of Vipanan were Team ‘Marketing Mavens’.The winners of the runners-up were Team ‘7 Nomads’.
Winners of the Poster making competition: Winning team- MMS-A Digisrijans and runner up team-PGDM-B CreativeEdge
The event ended with a vote of thanks by Prof Kapil Bhatia.
Elixir 2023, is based on the theme “India's five trillion economy: Milestones, Challenges and Roadmap. The theme will deliberate on policies successfully meeting the UN SDG and finally driving India to a five trillion economy.
Chetana's Centre of Excellence (CoE) is established under the aegis of Chetana Trust with a strong commitment towards co-creating, nurturing, and curating ideas for developing an ecosystem to achieve excellence in domains that have business and social impact. The CoE is a platform that augments and provides a perfect opportunity for academia, the industry, and society as a whole to converge on issues pertaining to business and the community at large through applied research.
The CoE is committed to the United Nations Sustainable Development Goals (UN SDGs) and ensures that its activities are aligned with the larger road map laid down by the International Development organisations. Elixir, the flagship event of Chetana’s was conceptualised in the year 1992 to inspire the students to deliberate and debate on contemporary issues in society and economy.
The Convocation ceremony for Chetana's Institute of Management and Research(CIMR), PGDM, PGDM - Marketing and PGDM Retail Management, Batch 2020-22 was held on Saturday, 11th of February, 2023. The Chief Guest for convocation was Mr. Ajit Menon, CEO, PGIM India Mutual Fund. The event was graced by BoG members, Prof. (Mrs.) Rajita Kulkarni, President, Sri Sri University, Guest of Honour, Pandit Shri. Shridatta Haldankar, President, Chetana Trust, Dr. Madhumita Patil, CEO, CIMR & CRKIMR and Dr. Nandita Mishra, Director, Chetana's Institute of Management & Research. Faculty members and staff joined the dignitaries to celebrate the success of the graduating batch of 258 graduates.
The academic procession was followed by lighting of the lamp by the dignitaries and opening address by Dr. Madhumita Patil. The annual report, presented by Dr. Nandita Mishra, touched upon the NBA accreditation, MBA equivalence by Association of Indian University. Numerous students and faculty achievements were elaborated upon. Various initiatives, such as seminars, workshops and industry-academia interaction at CIMR were presented by the Director.
The prestigious awards ceremony, witnessed students being awarded for their achievements. Specialisation wise toppers, were felicitated with medals and certificates.
Mr. Darshan Vartak was awarded the Founder President’s Award for Academic Excellence and Ms. Aishwarya Nair was awarded the Founder President’s Outstanding Overall Performance Award. Gold Medalists in different Programs and Specializations were, PGDM Marketing, Hazel Vegas; PGDM Retail Management, Meghna Bhagat; PGDM Marketing Specialization, Mishi Sharma, PGDM Finance Specialization, Harsh Shah; PGDM HR Specialization, Pearl Vakharia; PGDM Operations Specialization, Darshan Vartak; and PGDM Systems Specialization, Charul Veer.
The Chief Guest and Guest of Honour in their addressals encouraged the graduating students to believe in themselves, demonstrate persistence and uphold the values inculcated by the Institute for being ethical managers throughout their corporate stint.
The convocation ceremony was concluded by vote of thanks and the National Anthem.
Chetana's HR, Operations, and Systems students forum, HROpSys 2022, 'Disruptive Innovation in Business’ was held on 26th November 2022.
The theme was conceptualised considering the changing environment in the past few years and enabling students to understand trends and emerging best practices in Digital Transformation in HR and optimizing operations through a systems approach in organizations.
To gain deeper understanding on disruptive innovation in practice, it is important to look at real-life examples of disruptive technologies and business models that have transformed and re-imagined HR practices, re-defined operations and re-configured technology during the past decades.
The HROpSys 2022 was an endeavour to bring different corporate thought leaders to share their experiences of innovating and developing new business models for sustainability and growth. The speakers would focus on areas such as Digital Transformation through technology, optimizing operations, and contemporary strategic HR practices to put the strategy into action.
HROpSys 2022, launched the first Business Hackathon Competition at Chetana’s. The Business Hackathon was aimed at encouraging students to research and develop innovative ideas to deal with real-life issues faced by Organisations through integration of HR, Operations and Systems.
Based on the theme of the HROpSys, Disruptive Innovation in Business the following themes were shortlisted :
Based on the above theme students were required to identify a business problem specific to a sector / industry or an organization.
Business Hackathon 2022 had 11 teams comprising of students from HR, Operations and Systems (PGDM and MMS) were formed to ensure cross functional teams. Each team was required to select a theme, and then a sector / industry of their choice to research. The internal elimination round was judged by an expert panel of cross functional faculty judges. The top 4 finalist were judged by a panel of external judges comprising of alumni from CRKIMR and CIMR today after the panel discussion.
Students developed a detailed presentation demonstrating originality and uniqueness in their approach. The winning team was evaluated based on their Hackathon Pitch that was able to showcase the most feasible/creative solution to deal with real problems / issues and not complicated but practical and have the potential to be implemented. The solution had to incorporate dimensions of managing HR, optimizing Operations and adopting a Systems approach using technology.
Dr. Ramakrishnan, Chief Guest and Mr. Kedia, Key note speaker joined Dr. Madumita Patil, CEO, CRKIMR and CIMR, Dr. Kalim Khan, Director, CRKIMR, Dr. Nandita Mishra, Director, CIMR and Faculty of the HROpSys forum in lighting the lamp to commence the event.
Dr. Kavita Khadse, Senior Faculty, Systems, CRKIMR read the genesis of HROpSys which as been flagship event of the forum since part six years. Dr. Sandeep Nemlekar, Area Chair Operations, CIMR introduced the theme and its relevance. Dr. Mahesh Luthia, Area Chair HR, CIMR and Prof. Lipika Koli, Faculty HR, CRKIMR presented the unique approach of a Business Hackathon as part of the forum event to enable students to develop critical thinking skills, gain business insights and be industry-ready.
Dr. Ramakrishnan R., Chairman and Managing Partner, Chairman, Trade and Industry Committee, IMC and Chairman Transformia Advisors LLP, was the Chief Guest for the event. He shared his perspectives on how organisations launched disruptors in neglected markets and virgin markets. He illustrated digital technologies which are likely to disrupt business models in the next 3-5 years. He inspired students to embrace change to succeed in the current environment and be sensitive towards the underprivileged section of the society. He encouraged to actively engage with them and empower them with knowledge.
Mr. Vikas Kedia, Founder, and Partner, MobiTrail was the Keynote Speaker for the event. He succinctly set the context of the event by introducing disruptive innovation and its role in HR and Operations. He helped the audience gain insights on future evolutions of new age technologies to manage HR employee life cycle. He presented some excellent examples to help the audience the system approach adopted by organisations to deal with contemporary problems
The inaugural session was followed by a Panel Discussion where distinguished industry experts gave their perspectives on the theme – ‘Reimaging Business through innovation'. They shared their valuable experiences and perspectives on how they have innovated and redefined their business processes.
Our esteemed panelists for the discussion were:
The panel discussion was moderated by Mr. Bhavesh Panchal, Head Corporate IT & Digital delivery, VFS Global
Post lunch the participants witnessed an exciting finale of the ‘HROpSys - Business Hackathon 2022’.
The competition was judged by our esteemed alumni:
The proud winners of the HROpSys 2022 competition were Team TITANS which had:
TThe runner-up for the competition was Team Challengers, which had:
Prof. Shilpa Kajbaje, Area Chair Systems presented the vote of thanks that was followed by the National Anthem.
Chetana's celebrated Samvidhan Diwas (Constitution Day) on 26th November 2022. The objective of the celebration was to draw the attention of young management professionals towards fundamental duties to ensure that every citizen follows them with commitment.
Dr. Madhumita Patil, CEO, CRKIMR and CIMR set the context by highlighting the philosophy and efforts of the founding fathers of the constitution of India. She administered the pledge and spoke on the importance of upholding the values of democracy and making India a secular and progressive nation, in the true sense.
The Commemoration of constitution day was attended by Dr. Ramakrishnan, Chairman and Managing Partner, Chairman, Trade and Industry Committee, IMC and Chairman Transformia Advisors LLP, and Mr. Vikas Kedia, Key, Founder, and Partner, MobiTrail, Dr. Kalim Khan, Director, CRKIMR, Dr. Nandita Mishra, Director, CIMR, Teaching and non-teaching staff of CRKIMR and CIMR along with students to take the pledge.
The Annual Marketing Conclave “Vipanan” was organized by the Marketing Departments of CRKIMR & CIMR, on Saturday, November 19th, 2022. The theme of the event was “Building Customer Connect in Digital Era”. The event provided insights to students and the faculty on the nuances and marketing strategies used by businesses in the digital era.
The key note address was delivered by Ms. Priya Choudhary, Director Business Solutions, Google. She spoke to the audience about her experience in advertising and the importance of digital world. Addressing some of the myths around the digital world, she discussed the importance of digitalization in every walk of life. She concluded her address with some key take aways, i.e. stay close to consumers and identify the trends quickly, change is constant so adopt a learning mindset and pace of change is faster so fail fast.
The Chief Guest, Ms. Monaz Todywalla, CEO, PHD Media India, delivered her talk through some interesting case studies. She highlighted on how each of the case could develop customer connect in the digital era and transform the business landscape. She concluded her session by explaining how brands use the 3Es Empathy, Experience and Engagement in the digital era.
The panelists for the panel were esteemed alumni of CRKIMR and CIMR as well as industry experts,
The panel discussion was moderated by Dr. Hufrish Majra, Professor, Program Chairperson, PGDM- Marketing, CIMR. Some of the key take aways are
Technology
The integration of digital technology in business operations and the transformation ultimately helps in enriching customer experience and satisfaction. The digital connects helps in building efficiency for customer experience and optimization in terms of cost, products & customer experience. Digitalization of services using machine learning and artificial intelligence will overcome unseen challenges in the product journey and will make customer life easier. The shifts in consumer sentiments and technology can be relevant by introducing customer data platforms. Customized solutions are way to give meaningful customer engagement. Emerging insights were highlighted about Metaverse giving 3D experience layer of internet and market potential in future and valuable knowledge on Augmented Reality. Interesting insights were discussed on which companies/industries adopted Metaverse in sectors like Healthcare and Gaming.
Customer Centric
The focus of the business needs to be on the seamless connect that should start within the organization, with the trade partners and the end user. Organizations understand the pulse of the customers in the digital era and provide values which are customer centric.
Organization Culture
Digitstisation seeks prioritizing a channel with speed, flexibility and cost for customer acquisition and retention.
A case study competition was organized as part of Vipanan 2022. The 23 student teams were given the case study on Dabur India Ltd. titled “What Got Us Here Won’t Get Us There! Dabur at an Inflexion Point.”. Four teams reached the final round and presented before the Alumni Judges of CRKIMR and CIMR on the day of the event. The judges were;
Winners of the case study competition of Vipanan were ‘Team Trailblazers’ comprising of Ms. Harsha Gwalani(PGDM), Ms. Vaishnavi Ambulgekar (PGDM), Mr. Amol Sabnis (PGDM), Mr. Shrikant Desai (PGDM), Mr. Shreyansh Katkar (MMS) and Mr. Dhru Jain (MMS). The winners of the runners up were Team ‘Marketing Wizards’ comprising of Mr. Vikram Jha (MMS), Ms, Deepali Sharma (PGDM) and Mr. Aaditya Kadu(PGDM).
The Annual event "Arthanaad", organized by the Finance Forum of Chetana's Institute of Management & Research, addresses the contemporary issues and challenges faced by the world of finance. This year the event was held on Saturday, 5th November 2022 from 9.30 AM to 5.30 PM on the theme 'Sensex @ 100000'.
The objectives of the event were to gain insights from industry experts on the structural changes required in the financial system to achieve this milestone, and the role of technology and financial intermediaries for the same.
Dr. Madhumuta Patil (CEO- of CRKMR & CIMR) emphasized the importance of savings and investments. Mr. Vikaas M. Sachdeva, MD Sundaram Alternate Assets Ltd, Alumnus of CRKMR was felicitated for his achievement in the field of finance. Mr. Vikaas M Sachdeva, in his address, expressed his wish to see Chetana's on the global stage soon.
The keynote speaker "Mr. Rajiv Shastri, CEO NJ Asset Management", emphasized that demographics, Economy, Markets, and participation were the four factors that would help Sensex touch the 100 thousand mark. He also mentioned that it would be interesting to debate when the NIFTY would touch the milestone.
This year, student teams comprising 6 students each gave their views on the theme of the event 'Sensex at 1,00,000'.
The winning team was "Fine Speculators" and the Runners up were Team "Stock Wizards". The following esteemed alumnus of Chetana's adjudicated the presentations and shared their valuable insights.
In the first panel discussion on the topic ' When-What-Why', industry experts from various AMCs gave their insights. Mr. Deepak Agrawal, CIO Debt, Kotak AMC, Mr. George Joseph, Ex-CEO, CIO, ITI AMC, and Mr. Manish R. Karnavar, Head Product Communication, ICICI Prudential AMC were the panelists. Mr. Milind Dabke, an Investment Professional and Consultant, and an esteemed alumnus of CRKIMR was the moderator for the panel discussion.
The second panel was an interactive discussion on the ' Changing nature of Investments', moderated by Dr. Chirag Shah, Associate Professor of Finance at CIMR. The panelists discussed their experiences on issues ranging from new investment products to the role of technology, and the risk profile of new-age investors. They also elaborated on the skills and knowledge required by the next generation of professionals to succeed in their careers. The panelists who shared their insights included Mr. Chirag Mehta - Head Digital Business, Canara Robeco Mutual Fund, Mr. Vivek Gadodia - Algo Systems Trader, Co-Founder of Dravyanti Consulting, and Mr. Mihir Shirgaonkar - AVP, Alternate Investments, Phillip Ventures IFSC.
The Convocation Ceremony of the PGDM/PGDM(Marketing)/PGDM(Retail Management) Batch 2019-21 was held on Saturday, March 26th, 2022.
The event was held in-person after a gap of 2 years. 249 students were awarded their Post Graduate Diplomas at the hands of the Chief Guest Shri. Ravi Gupta, CEO Tata Green Batteries, and the Guest of Honour Shri. Dixit Jasani, Sr. VP, EMEA & APAC Sales at. Zydus Cognitive Procurement.
With an objective to create awareness on physical and mental well-being Chetana’s institute of Management & Research celebrated 8th International Yoga Day with great fervour, witnessing enthusiastic participation from the faculty and the staff.
The session began with an address by Dr. Madhumita Patil (CEO, CRKIMR & CIMR). She encouraged the staff and conveyed the importance of making yoga an integral part of our daily life.
The Yoga Session was started by the resource person, Dr. Sandeep Nemlekar, chanting Sanskrit mantra for peaceful mind. The meaning of the mantra is as follows: Om, Together may we two Move (in our Studies, the Teacher and the Student), Together may we two Relish (our Studies, the Teacher and the Student), Together may we perform (our Studies) with Vigour (with deep Concentration), May what has been Studied by us be filled with the Brilliance (of Understanding, leading to Knowledge); May it Not give rise to Hostility (due to lack of Understanding), Om Peace, Peace, Peace.
It was followed by Yoga Asanas for improving concentration, relieving stress and enhancing the flexibility. The resource person highlighted the importance of yoga in keeping thoughts, words and action in sync.
21st June being also celebrated as International music day, the session ended with few inspiring songs, initiated by CEO Ma’am, Dr Madhumita Patil , accompanied by faculty and staff.
ॐ सह नाववतु ।
सह नौ भुनक्तु ।
सह वीर्यं करवावहै ।
तेजस्वि नावधीतमस्तु मा विद्विषावहै ।
ॐ शान्तिः शान्तिः शान्तिः ॥
Aum! May He protect us both together; may He nourish us both together;
May we work conjointly with great energy,
May our study be vigorous and effective;
May we not mutually dispute (or may we not hate any).
Aum! Let there be peace in me!
Let there be peace in my environment!
The Convocation Ceremony for PGDM Batch 2018- 20 was held on 4 September 2021 in Virtual mode. Chief Guest Mr Lalit Jain, President Hindustan Power and alumnus of Chetana’s Ramprasad Khandelwal Institute of Management & Research addressed the gathering and shared with the batch rich life- lessons for the corporate world. Around 247 students in PGDM (Marketing, Finance, Operations, Systems and HR specializations), PGDM Marketing and PGDM Retail received their diplomas. Ms Varsha Birader from PGDM (Finance Specialization) received the Presidential Medal, awarded in memory of the Founder President late Shri Madhukarrao Chaudhari . The Presidential Medal is awarded to the outstanding student for academic excellence and overall performance.
The reset normal has resulted in unforeseen challenges leading to business disruptions. It is the need of the hour to explore how individuals and organizations can improve their Project Management approach, IT security skills and other capabilities to ensure customer centricity and sustained business growth irrespective of the domain.
We are proud to present our knowledge sharing session, “The New Trinity for Business Growth: Customers, Projects and Security” in association with ARCON one of our esteemed industry partners.
This knowledge sharing series would include widely-acclaimed thought leaders, industry professionals, academicians and alumni from Chetana’s Institutes of Management & Research and experts from ARCON.
We are pleased to invite you all professionals current and future to join us for this Virtual summit on 25th and 26th June 2021, 4 pm to 8 pm (IST).
Chetana’s Annual Alumni Meet, organised by Chetana’s Alumni Network- ‘REMINISCENCE’-a latin word that means, reminding you of someone or something, for instance, sitting with your old friends saying "Yaad hai vo din!", is one of the most happening events wherein each and every Alumnus, right from the first batch of 1981 to the last batch that freshly graduates that year, is invited.
Reminiscence is a day of celebration where the Institute gets to reconnect with its Alumni and feel proud of their success and achievements.
This glamorous night brings back together some long lost friends and professors and creates new bonds and memories to be cherished forever. It is an excellent opportunity that encourages networking amongst Chetanaites across all batches.
As the legacy of this event, the batch completing 25 prosperous years of graduation is felicitated with great admiration as stars of the night.
The night continues with enthralling live performances, delicious cuisines and a lot of dhamaal-masti which leaves an imprint in the minds of all and a yearning for next years Reminiscence.
Come join us as we celebrate our Alumni…
-Chinmay Sawant
Chetana’s HR Conclave 2020 ‘Bandhan …. Creating bonds’ in association with VANS Skilling and Advisory was held on 25th January, 2020. The theme for this year was ‘Trends in Compensation and Benefits Driving Performance’, which was inspired by the need for organisations to align their HR strategies and practices with industry 4.0, which has led to the growing importance of Smart Human Resources 4.0 (Smart HR 4.0). There is a need for leaders to adopt a forward-thinking in their HR strategy and practices and design compensation and benefits programs that can attract and retain the right talent and combat talent management challenges.
The forum brought inspirational business leaders and HR professionals to share their experience and best practices on Compensation and Benefits strategies to drive performance and enhance the employee value proposition. Eminent HR leaders, practicing professionals, academicians, and students attended the event. The deliberations at the conclave enabled participants to gain insights on practical solutions and strategies that they could implement to develop a competitive advantage to today’s talent marketplace using compensation and rewards.
The event commenced with the lighting of the lamp by the Shri Shridatta Haldankar, President Chetana’s Trust, Dr. Madhumita Patil, CEO, and I/C Director CIMR, Dr. Jayashri Bhakay, Director, CRKIMR, keynote speaker Mr. Anubhav Gupta, Director with Deloitte’s Human Capital Consulting Practice and speakers for the day.
Keynote speaker, Mr. Anubhav Gupta gave significant industry insights about strategic incentives and executive compensation. He also spoke about the need for environmental governance. He inspired the HR aspirants to explore more opportunities in the domain and emphasised on the importance of compensation in any organisation.
The address was followed by a panel discussion on ‘Using compensation & benefits strategy to drive Employee Value Proposition’. The panel consisted of Ms. Shruti Shrivastava, Head of total rewards and HR service excellence at Kotak life, Ms. Vishakha Sawlapurkar ,Cluster Lead for Mercer, Ms. Shilpa Srivastava, HR Head of Allianz global corporate & specialty and Mr. Debashish Majumdar, HR Manager,Performance and reward at Marico Ltd. the moderator for this discussion was Dr. Mahesh Luthia Associate Professor and Area Chair (HR), CIMR.
The introduction of the panellists highlighted the considerable experience and expertise of each speaker in compensation and benefits. In his opening remarks as the moderator, Dr. Mahesh Luthia opened the discussion by asking the panellists to share their experiences on how organizations can create a fascinating employee value proposition in a diverse workforce and how does it get manifested in the whole compensation agenda. The panel discussion revolved around various key areas related to different approaches and challenges around designing a holistic compensation strategy that would help organisations attract and retain talent in the current dynamic environment.
Ms. Shruti Srivastava spoke on how organizations can create a fascinating employee value proposition by adopting a philosophy "Careers for life" where employees can experience opportunities for growth within the organisation. She shared her practical experience on how HR can provide a compelling value proposition to attract young talent and retain the diverse workforce. She encourage students that they must focus on building a strong knowledge-based before they take up a career in the industry.
Ms. Vishakha Sawlapurkar shared her views on how the employee value proposition can motivate employees and the need to identify personas of employees to customize rewards. She also outlined the importance of developing an emotional connect with employees while adopting a total rewards approach in compensation. She shared her practical perspective on how employee engagement can contribute to this process or retaining key talent. While addressing the question on the challenges firms face to address the diverse needs of the current workforce, she explained the role of a strong organisation culture and the importance of aligning performance to pay.
Mr. Debashish Majumdar highlighted the importance of creating employee experiences as a value proposition. He highlighted how organisations can focus on employee experiences while administering compensation and benefits and how these benefits are relevant to the diverse new-age workforce. He also explained how firms are aligning their compensation strategy to meet expectations of the younger workforce joining organisations with technology capabilities and need for faster growth.
Ms. Shilpa Srivastava addressed the question on how compensation and rewards strategy are maintaining a balance between using competitive compensation structures to retain talent within the organisation and managing costs while using outsourcing strategy. She mentioned how firms manage a balance between these two continuums. She emphasised that firms are constantly evaluating on which functions or tasks can be outsourced to achieve efficiency. Core functions cannot be outsourced and hence firms continue to attract, retain and reward talent.
Before concluding the panel discussion each panellist gave valuable advice to students and young budding HR professionals on the need to keep pace with change, learn through experience, develop networks and most important have a clear sense of purpose and values that would help them succeed in the long run. The participants had an opportunity to interact with the panellist during the Q & A session.
After the engaging panel discussion Dr. Chunduru Srinivas, Chief Mentor at VANS, was felicitated for receiving Hon. Doctoral Award, doctor of Excellence in the field of "Management" UCT by Delaware, USA. By Shri Shridatta Haldankar, President Chetana’s Trust, Dr. Madhumita Patil, CEO, and I/C Director CIMR, Dr. Jayashri Bhakay, Director, CRKIMR, The felicitation was followed by Dr. Srinivas address on flexible pay. He shared interesting examples on how organisations can design effective compensation structures to address employees of different generations and having different needs. He emphasised that firms have a more pragmatic approach while designing pay structures while keep life events into consideration.
The post tea session comprised of two expert speakers from the industry. Ms. Elizabeth Paul, Sr. Vice President – Human Resources at Clover Infotech Pvt. Ltd. spoke on concepts related to variable pay and how it can drive performance across different roles. She shared practical challenges that firms are facing while designing variable pay structures especially in a competitive environment.
Mr Kunal Patel, Sr. Manager Tata international Ltd. gave an interesting presentation on the Balance Sheet Approach in international compensation during employee mobility. He demonstrated the impact of differences in price index between India and Singapore on expat pay.
HR Conclave 2020, ended with a vote of thanks by Dr. Indira Singh followed by the National Anthem.
Insights from Expert Speaker and Panel Discussion
Networking
Expert tips and business solutions from the Industry leaders
“Predicting the future isn’t magic, it’s Artificial Intelligence” – Dave Waters
HROPSYS, a synergistic event of HR, Operations & Systems, was held at Chetana’s Institutes of Management & Research on 26th September 2018 on the theme “Intelligence to Artificial Intelligence”.
Dr. Madhumita Patil, CEO, welcomed the Chief Guest, Mr. Amitabha Sinha, Partner – Leadership Consulting & Board Advisory Practice, Cornerstone Group. Mr. Sinha elucidated various aspects of AI such as the value propositions for businesses, opportunities & limitations that it holds. By providing everyday examples, he demonstrated AI having a promising future but with vastly unexplored territories.
For panel discussion, speakers included Ms. Mobina Kakajiwala, HR Business Partner, Beckman Coulter Inc, Mr. Lalit Popli, IT Head, ICICI Prudential AMC Ltd, Mr. Ashok Asawale, CISO & VP, Partner Collaboration, Mahindra IT and Mr. Shyam Iyer, Founder & CEO, 60Bits Consulting, along with moderator Mr. Vinay Henge, CMO, GoFrugal Technologies Pvt Ltd. The discussion revolved around changing employee dynamics, industry 4.0, automation by organizations at various levels and future of intelligence in the age of artificial intelligence.
For the concluding session, Mr. Yasir Arafat, CTO, Macksofy Technologies Pvt Ltd highlighted the security concerns related to AI that gave the audience some food for thought and an important question to ponder upon – How do we ensure that AI remains safe and beneficial in future?
At a time when scams have become synonymous with banking and financial institutions, Chetana’s Institutes of Management and Research’s Finance forum flagship event, “Arthanaad 2019” themed as ,” NBFC Crisis – A Reality Check” aimed at educating the business leaders of tomorrow about the challenging yet promising NBFC sector. The industry relevant topic would provide the much-needed exposure to the participants. The event held on November 22nd at the campus premises was declared open by Dr. Madhumita Patil, CEO of CRKIMR and CIMR.
Mr. Chunduru Srinivas (Founder & CEO, VANS Skilling & Advisory) conducted a highly interactive and informative MasterClass on about the NBFC Sector. He covered the entire gamut of the NBFC sector including their origins, importance, business model and the issues leading to the present-day crisis through several industry relevant case studies
The event also witnessed a panel discussion on the current challenges facing the NBFCs and the way forward. The panelists included Mr. Sujan Sinha (Former MD, Shriram Housing Finance), Mr. Satish Mehta (Founder & CEO, Athena Advisors), Mr. Deepak Agrawal (Sr. VP, Kotak Mahindra Mutual Fund), Mr. Kamlesh Kumar Taneja (GM, Central Bank of India). Mr. Ashish Jha (Former Associate Director of CRISIL Ltd) moderated the panel discussion. The panel during the course of its deliberations reflected on NBFC’s contribution towards the lending system of our country and how its existence was paramount to a country like ours where the formal banking sector cannot reach. The panel reiterated the vital role of NBFCs in driving the economic growth of India and that “failures of few companies shall not undermine the entire sector”. The students got the opportunity to learn from the best minds drawn from the world of finance.
Chetana’s Institutes of Management & Research marked the 27th successful year of its flagship General Management event ELIXIR, in all its glory. The theme “START-UPS: Trends and More” drew its relevance from the growth of innovation and entrepreneurship and increase in the numbers of budding entrepreneurs.
The event witnessed inspirational speeches by the Chief Guest Mr. Shailesh Dhuri, Executive Director at Decimal Point Analytics and Guest of Honour Mr. Uday Wankawala, CEO- Atal Incubation Centre, who exhorted the students to recognise their strengths and potential as an entrepreneur.
One of the exciting features of Elixir 2019 was the Inter-Class Startup Video Contest wherein the students of PGDM and MMS presented some innovative ideas for setting up their own start-ups. Students of MMS-B were declared Runners Up while Students of PGDM-A took home the Winner’s Trophy.
A Panel of established Start-up Leaders and Esteemed Alumni of Chetana’s, Mr. Mohit Palhade, Mr. Anurag Mundra, Mr. Randhir Roy, Mr. Suraj Mohan & Moderator Ms. Azmat Jagmag shared their experiences and motivated students to believe in themselves, innovate, test their ideas, be passionate and keep learning from their failures.
Vipanan – 2019, an annual marketing event of Chetana’s Institutes of Management & Research was held on 23rd November 2019 in the institute premises. Theme of the conference was ‘“Predictive marketing analytics to meet the expectations of Gen Z”. The event was sponsored by Bharat Petroleum Corporation Ltd (B.P.C.L.)
Conference was inaugurated by our CEO, Dr. Madumita Patil. It featured number of eminent industry experts who spoke & guided students on the conference theme through their addresses & panel discussions. Mr. Anand Bhatia, CMO – Fino Payments Bank was chief guest for the event. He dwelled on evolution of marketing analytics and especially predictive analytics. He also explained how predictive analytics is helping them in banking industry to cater to the needs of Gen Z customers. Mr. Rohan Sharma, Head-Analytics, Reliance Industries Ltd was Guest of Honour. He explained to students various live applications of Predictive analytics techniques in Marketing.
This was followed by Panel discussion. Panel comprised of eminent persons from different fields viz. Dr. Sunil Lakdawala, Adjunt Faculty, S.P. Jain School of Global Management, Mr. Venkatesh Iyengar, Founder & CEO Tathawamasi Consulting Lt., Ms. Preeti Jadhav, VP-Revenue, Vidooly, Ms. Ms. Azmat Jagmag, Founder, Masala Chain & Ex- CMO, Zee Telefilms. This Panel discussion was ably moderated by our Faculty Dr. Hufrish Majra Associate Professor of Marketing. It was an interesting discussion covering unique characteristics of Gen Z, their needs and how we could use Predictive analytics to take care of these needs. Initially, the topic was introduced by the moderator followed by opening comments from each of the panellists. Ms. Preeti Jadhav explained how organizations are using the right tools and solutions for collating data and implementing various strategies. Ms. Azmat Jagmag talked about how predictive analytics help improve content distribution. She gave lot of instances to substantiate for the same. Mr. Venkatesh Iyengar clarified how successful or unsuccessful is predictive analytics in enhancing cross-selling and up-selling opportunities. Lastly, Dr Sunil Lakhdawala mentioned how could better analysis of optimal campaign channels and content be made through predictive analytics.
This event culminated into ‘Brand Quiz’, sponsored by B.P.C.L. It was anchored by professional quizmaster – Mr. Runal Dahiwade. More than 100 teams participated in qualifying rounds. Out of these 51 teams made it to the semi-final and ultimately six teams reached the Grand Finale. Quiz had very interesting & tough questions. Teams were cheered by capacity crowd of students. Top three teams were awarded Top Prize, 1st Runner- up & 2nd Runner Up.
Overall, it was very informative, interesting & participative event.
Challenger is an annual sports and cultural event held at Chetanas. The event witnesses a very enthusiastic response from the students of both the senior and junior batches. The sports event, planned entirely by the non-teaching staff of the Institute has a variety of indoor and outdoor sports activities for both boys and girls. Innovative games such as book hunt and theme related poster competitions also are highlights of this event. The three-day event culminates with a grand cultural extravaganza where student perform skits, dances and other variety programs.
The MMS and PGDM batch, 2016- 18 of Chetana’s Institute of Management & Research had a magnificent convocation ceremony on 16 Feb 2019, at CIMR auditorium.
The Chief Guest, Mr. Hemant Songadkar, CGM - NABARD congratulated the students for their accomplishments and encouraged them to stay focused on carrying forward Chetana’s legacy of ethical leadership. He also highlighted how success is the culmination of hard work, perseverance and competence.
Chetana’s CEO, Dr. Madhumita Patil proudly presented the Annual Report of 2018-19, mentioning the different milestones in the institutes’ journey towards excellence and administered the oath.
The Directors conferred the graduation degrees/diplomas upon a total of 101 MMS, 176 PGDM and 59 PGDM-Marketing students and the meritorious students were felicitated with medals. The presidential award, in memory of the Founder President Late Shri Madhukarrao Chaudhari, for best academic performance, was received by Ms. Amruta Desai in MMS and Mr. Anvay Kuvalekar in PGDM, who sent a clear message to all that the future certainly belongs to those who believe in their dreams and turn it into reality through relentless efforts.
