final aicc 65 anual confernce
TRANSCRIPT
ALL INDIA COMMERCE CONFERENCE OF INDIAN COMMERCE ASSOCIATION
NOVEMBER 9 - 11, 2012
K.P.B. HINDUJA COLLEGE OF COMMERCE
315, New Charni Road, Mumbai 400 004. | Tel.: +91-22-4098 9000 | Fax: +91-22-2385 9397
Website: www.hindujacollege.com | Email: [email protected]
On the Occasion of the 65th Anniversary of
Smt. P. D. Hinduja Trust
Hosted by:
BEST COLLEGE AWARD 2010-2011, University of Mumbai
NAAC Re-Accredited with ‘A’ Grade
Shri Paramanand Deepchand Hinduja was a harmonious blend of
philanthropy and mercantile activities. He believed in setting aside a
portion of the profits from his businesses for charitable activities, especially
in the fields of education and healthcare which he considered to be the
fundamental right of every human being. His social consciousness, vision
and magnanimity inspired the establishment of K.P.B. Hinduja College of
Commerce in 1974.
We, at the College remain inspired by the great soul and commit
ourselves to be steered by his fundamentals.
· Word to Give · A Word is a Bond · Act Local, Think Global
· Partnership for Growth · Advance Fearlessly
Two years from now, the Hinduja Group, which
is headed by Shri. Parmanand Deepchand Hinduja's
four sons ; Shri. Srichand P. Hinduja, Shri. Gopichand P.
Hinduja, Shri. Prakash P. Hinduja and Shri. Ashok P.
Hinduja will complete a century. The Group, which has
estimated worldwide revenues of several billion dollars
wants to usher in the hundredth year with panache.
Their objective is to create a totally unique model
which calls for big investments in high-growth core
sectors such as oil and gas, power, infrastructure, real
estate, telecom, education and healthcare, most of
which will be made in India.
Hinduja Brothers (from left to right) Shri. Prakash P. Hinduja, Shri. Ashok P. Hinduja,
Shri. Srichand P. Hinduja & Shri. Gopichand P. Hinduja
Patron Family
Shri Parmanand Deepchand Hinduja(1901 - 1971)
Organizing Committee
Patrons
Mr. Ashok P. HindujaChairmanHinduja Group (India)
Dr. Rajan WelukarVice Chancellor University of Mumbai
Dr. Vasudha Kamat Vice Chancellor S.N.D.T. Women's University
ICA Office Bearers
President:Prof. (Ms.) Malabika DeoHoD CommercePuducherry UniversityPuducherry 605 014.
Immediate Past President:Prof. B. RameshHoD CommerceUniversity of Goa Goa.
Executive Vice President:Dr. P. T. Choudhary HoD CommerceM.J. CollegeJalgaon.
Secretary:Dr. Balwinder SinghHoD Commerce &Business ManagementG.N.D. UniversityAmritsar 143 005.
Joint Secretary:Prof. Sandip K. BhattP.G. Dept. of BusinessGujarat.
Managing Editor, IJC: Prof. Nawal KishorSchool of Mgmt. StudiesI.G.N.O.U.New Delhi 110 068.
Conference Secretary
Prin. Dr. T.A. ShiwarePrincipal, K.P.B. Hinduja College of Commerce
315, New Charni Road, Mumbai 400 004.Former Dean, Faculty of Commerce,
University of Mumbai.
Conference Conveners
Prin. Dr. T.P. Madhu NairNirmala Memorial Foundation College of Comm.Kandivali (East), Mumbai 400 101.Dean, Faculty of Commerce, University of Mumbai.
Dr. Chitra Natarajan Vice PrincipalK.P.B. Hinduja College of Commerce315, New Charni Road, Mumbai 400 004
Hinduja GroupHinduja Group is one of the largest diversified groups in the world with a turnover exceeding several
billion dollars. The Group established in 1914 has a presence in 30 countries and employs more than 35,000 personnel worldwide and has interests in Automotives, Banking and Finance, Education, Healthcare, Information Technology, Chemicals, Energy, Infrastructure, Real Estate, Media and Entertainment.
Smt. P.D. Hinduja TrustSmt. P.D. Hinduja Trust was established in 1944 by late Shri Parmanand Deepchand Hinduja, an
industrialist and philanthropist of repute, in the memory of his mother, Late Smt. Pahunchbai Deepchand Hinduja.
The 65th Anniversary of the Trust co-incides with the occasion of the 65th All India Commerce Conference and it has been deemed most appropriate to mark the occasion by playing host.
K.P.B. Hinduja College of CommerceSmt. P. D. Hinduja Trust established K.P.B. Hinduja College of Commerce in 1974 with the sole aim of
catering quality education to the population residing in South-West Mumbai. Over the last 38 years the College has grown from strength to strength, both in terms of quality and quantity. The College which started with only a B.Com. course, 12 teachers and 400 students, today offers 26 courses which include 25 professional courses, besides being a Ph.D. Centre with 3852 students and 47 full-time and 58 visiting faculty. The College is certified with QUALITY MANAGEMENT SYSTEM ISO 9001:2008 for providing education from First Year Junior College up to Ph.D. level.
In a recent survey by INDIA TODAY – AC NEILSON – ORG – MARG, Hinduja College was ranked first among Commerce Colleges in Mumbai and eighth at the All India level. TheCollege has been re-accredited with 'A' grade by National Assessment and Accreditation Council (NAAC), Bengaluru and University of Mumbai conferred on the College the ‘Best College Award (Urban Area - Year 2010-2011)’ on January 26, 2012.
About the Hosts
Indian Commerce Association (ICA)
The Indian Commerce Association was founded in the year 1947 with multi-dimensional objectives such as to serve as a forum for exchange of ideas, experiences, collection and dissemination of information on business, trade, commerce and management; to promote research activities and to bring co-ordination in the curriculum of Commerce and Management at the National level.
The members of this professional association, which is among the oldest in our country, consists of teachers, businessmen, industrialists, administrators, management experts, economists, students, educational institutions and other entities. The core activities of this Association are conferences, workshops and meetings, promotion of research, providing technical assistance and consultancy to organizations and publication of books, journals, periodicals etc. To date, Indian Commerce Association has organized 64 Annual Conferences throughout the country. The 65th Conference will be hosted by Smt. P. D. Hinduja Trust's K.P.B. Hinduja College of Commerce, Mumbai, Maharashtra.
Manubhai M. Shah Memorial Research
Gold Medal for Empirical Researches in the Area
of Human Resource Manubhai M. Shah Memorial Research
Award h a s b e e n i n s t i t u t e d u n d e r t h e a u s p i c e s o f t h e I n d i a n C o m m e r c e Assoc ia t ion s ince the year 2010 . Two Certificates of Honour and Gold Medals for the Best Papers contributed to the Technical Session have been instituted.
The award amount is contributed by Mr. Anil Shah S/o Late Prof Manubhai Shah towards the endowment fund of Rs. 200,000/- with ICA for the purpose, to cover the annual cost of the awards out of the interest income.
Best Business Academic of the Year
Award (BBAY Award)The BBAY Award is instituted under the
auspices of the ICA with effect from the year 2005 in order to encourage youth in the field of research in Commerce and Management. The award comprises of - BBAY Gold medal for the Best Paper contributed to the All India Commerce Conference and BBAY Silver medal for the Best Paper contributed in every Technical Track and Seminar of the All India Commerce Conference. The papers submit ted f o r pr esenta t ion a t var ious Technical Tracks and Seminars of ICA shall be submitted within the stipulated date, i.e., on or before September 30, 2012.
MumbaiA City of Hope
Mumbai was a cluster of seven islands, namely
Colaba, Smaller Colaba, Worli, Parel, Mazgaon,
Mumbadevi & Mahim, till it came in the possession
of British in 1662. Before the British took over the
seven islands, they were in possession of Aryans
from North India for about a thousand years. Then
came the Mouryas and Satvahana followed by
Silaharas & Yadavas.
Among the seven islands, Colaba, Mazgaon &
Mahim were comparatively large and prominent.
Mahim was the only island where trade and
business activities flourished in the historic period.
Mahim in 13th Century was a capital place of Raja
Bhimdeo, a Hindu ruler. He named the Mahim
Island as Mahikavati in the year 1294 and took keen
interest in its all-round development. He built
roads, palaces, temples, and law courts in Mahikavati
and made it a prominent trading port on the western
coast of India.
The trading facilities provided by Raja
Bhimdeo attracted many foreign traders, such as
Arabs, Christians and Jews. They came to Mahikavati
for their interest in trade activities but later on settled
down here after realising the favourable conditions
for their trade. However the conditions started
deteriorating around 1347.
The Muslim invaders from adjacent Gujarat
launched a series of attacks on Mahikavati and
ultimately succeeded in capturing the islands from the
Hindu rulers. Thus, began the Muslim rule over these
islands. During this period only, the Muslims from the
neighbouring Konkan area began to settle in Mumbai.
Portuguese were the first Europeans to land on
these islands in 1509. They were shrewd tradesman with
an eye for the future. They skillfully managed to establish
cordial relations with the political powers ruling the
western coast. But the Muslim regime over the islands of
Mumbai soon started facing problems as the Mughals
posed a great challenge to them. The Portuguese joined
hands with Muslims in their fight against the Mughals, but
the Muslim regime soon came to an end and Mumbai was
ultimately taken over by Portuguese as per a mutual treaty.
The Portuguese rule over the islands of Mumbai
commenced from 1534. Later, the Dutch and the British
too made their way to Mumbai for trade and commerce.
Malabaris from the coastal area of Kerala also migrated
to Mumbai during this period. Their sole intention being
to keep an eye on the Merchant Ships that came to
Mumbai Harbour and plunder the treasure on these
ships. To further their purpose they used a strategic point
on the hill of Walkeshwar, now known as Malabar Hill.
Portuguese ruled Mumbai for about one hundred
and twenty five years. The British took over Mumbai from
the Portuguese, in the year 1662 when the city was given as a
dowry gift from the Portuguese to Charles II, then the king
of England, in his marriage with Infanta Catherine
Braganza , the Princess of Portugal. British being staunch
traders, wisely developed Mumbai as an ideal port.
When the British took over Mumbai, these islands
were inhabited by the natives of Mumbai, the Kolis.
Kolis are predominantly fishermen and they were the
traditional inhabitants of these islands since ancient
period. Today the Koli communities in Mumbai are
spread over different localized regions called Koliwadas.
Sion Koliwada, Thane Koliwada, Versova Koliwada,
Khar Danda and Mahim Koliwada are most popular.
The name Mumbai is derived from Mumba Devi,
the patron goddess of the Kolis. The Kolis called her '
Mumba Aai' (Mother Mumba). The British, however,
preferred to call the islands Bombay. The name
remained in practice till recent years. The temple of
goddess Mumba Devi still exists in Mumbai and the
area around the temple is popularly known as
Mumba Devi area.
Although the British initially built forts, docks, a
huge customs house and other buildings, the real
development of Mumbai as a magnificent city began
around 1857, the year of the Indian Mutiny. Since the
British suffered a major setback due to this massive
revolt against their political ambition to rule India, they
shifted their centre of political movement from Delhi to
the much safer, Mumbai. They then felt the urgent
need of changing the face of Mumbai to meet the
growing demands of their political strategy. Thus
began the era of development in Mumbai.
In 1853 the first railway line in India between
Mumbai and Thane was launched. Thereafter
Mumbai was connected to Calcutta by a long road
link. In 1862, the seven islands were amalgamated
by way of reclamation. Ambitious projects like
Town Hall, University Library, High Court,
Malabar Hill Water Reservoir, Vihar Water Supply
Scheme, V.T. Railway Station, Corporation
Buildings and Gateway of India were undertaken
and completed one after another. The Marine Drive Scheme was
completed later in 1945. Simultaneously a tram service was
launched for an effective transport system. Local trains started
plying between V.T - Kalyan and Churchgate -Virar. Roads were
widened; hospitals, colleges and theatres were built. Market
places like Crawford Market & Mulji Mehta Market and the
Stock Exchange and Fort Market were established. The British
left behind a legacy of Neo-Gothic architecture in Mumbai, which is
cherished and treasured by Mumbaikars till today
The contribution and sacrifices made by the city and its
people during the freedom movement, under the leadership of
Lokmanya Tilak & Mahatma Gandhi were tremendous and
valuable. The people of this city not only took part in the freedom
movement but also witnessed historic moments of the crucial
period. The foundation of Indian National Congress, ' Quit India
Movement ', the ' Non Cooperation Movement ', the Non Violent
Satyagrahas, death of Lokmanya Tilak and his major historic
political trials are few of them which merit mention.
Mumbai was also the main battlefield for the Goa Mukti
Movement and the formation of Maharashtra after India
became independent. It has been, in fact, a prominent centre of
all major political, social, cultural and trade union movements
before and after independence.
After the formation of Maharashtra as a new state in 1960,
Mumbai had the honour to become the capital city of
Maharashtra. The State Government of Maharashtra has taken
number of policy decisions to divert the ever-increasing
pressure of the growing population on the civic administration
of the city including the development of a twin city, Navi
Mumbai in the Vashi-Belapur belt.
Mumbai has now grown into a very large metropolitan
city. It has earned a reputation of being a main centre of trade,
commerce, communication, business, industry and tourism
in India. The Konkan Railway has paved way for smooth and
speedy access for communication with the southern part of
India. With a view to further develop this city as a financial and
banking centre, the Bandra-Kurla complex in central Mumbai
has been set up with ultra modern facilities.
However, the development and expansion of Mumbai
has now reached a saturation point due to its ever
increasing population. Horizontal expansion being
exhausted, vertical expansion and reclamation are the
continuous order of the day.
It is frequently commented that Mumbai is spent out
and burnt out, but the magic and myth of Mumbai never
fail. Its vivacity and diversity keep this ‘Melting Pot’ of
India ever charming, ever endearing.
BMC Headquater
Bombay Stock Exchange
Taj Mahal Palace
Wankhede Stadium
Haji Ali Dargah
Local Train
Hutatma Chowk
Rajabai Tower
Nehru Planetarium
Legislative Assembly
Mahalaxmi Temple
Girgaum Chowpatty
Marine Drive
Mantralaya
Important Information(No Accommodation without prior registration please)
LAST DATE FOR REGISTRATION : 25.09.2012
Delegate Feea) Rs. 1000 / - for members of ICA (Rs. 1200 / - each for every accompanied person including children)b) Rs. 1500 / - for non members of ICA (Rs. 1200 / - each for every accompanied person including children)
LATE AND FINAL REGISTRATION DATE : 9.10.2012
Delegate Feea) Rs. 1200 / - for members of ICA (Rs. 1400 / - each for every accompanied person including children)b) Rs. 1700 / - for non members of ICA (Rs. 1400 / - each for every accompanied person including children)
A Demand Draft / Multicity Cheque should be drawn in favor of “ The Conference Secretary, 65th AICC” payable at Mumbai should be sent essentially with duly filled – in Registration forms as per the last dates mentioned above.
However Travel Plan with arrival date, departure date and accompanying person may please be mailed before 9th October 2012 to the mail id . All delegates are [email protected] requested to adhere to the above Registration procedure without fail, only to make their visit and stay at Mumbai during the conference, comfortable.The Conference Secretary will not be responsible for any inconvenience of the delegates who do not follow the above Procedure of Registration as per the stipulated dates.
Accommodation will be provided to those participants, only on sharing basis in Hotels and Guesthouses.
Accommodation cannot be provided whose registration fees are be received after 9th October, 2012.
Note : For further and update information of the Conference please visit ICA Website www.icaindia.infoand Website of Hinduja College www.hindujacollege.com
For Official Correspondence:Conference Secretary
Prin. Dr. T. A. ShiwareK. P. B. Hinduja College
315, New Charni Road, Mumbai 400 004.Ph. 022 40989000 (O), Mobile 09867776669
Fax : 022 23859397, Email : [email protected]
Technical Sessions Chairpersons Co-Chairpersons I- Integrated Reporting: Challenges and Opportunities
Dr. P. Indrasena Reddy, Deptt. of Commerce and Business Management , Kakatiya University, Warangal- 506 009 (A P). 09390108179 [email protected]
Dr. Ram Chandra Gowda, Dept of Commerce, Bangalore University, Bangalore. 09448008278
II- Foreign Direct Investment in Multi Brand Retailng
DR. S.L. Gupta Professor Department of Management Birla Institute of Technology (Deemed University) Campus – Noida 09811230453 [email protected]
Dr. Bharat Meghe Associate Professor and Head Faculty of Commerce Kamla Nehru Mahavidyalaya Sakkaradara Nagpur 440009 9422827935 [email protected]
III- Employer Branding: Emerging Dimensions
Pushkar Nath Professor, Deptt. of Commerce & Management, Gossner College, Ranchi-834008 08986883443, 09661153155 [email protected]
Shri Vijaysinh.M.Vanar Principal I.V.Patel College of Commerce, College road District :Kheda, Gujarat-387001. +91-98792 16684(M) [email protected]
IV- Global Turbulence : India’s Preparedness
Prof.H.Venkateshwarlu Department of Commerce Osmania University Hyderabad - 500 007 Andhra Pradesh 09848209660 [email protected]
Prof. Ashok K. Mohanty Department of Commerce, Berhampur University, Berhampur(Gm.) 760007 Orissa 09437097983 [email protected]
Seminar Infrastructural Development in India: The Road map ahead
Dr. N.D. Mathur Professor Deptt of Economic Administration and Financial Management, University of Rajasthan, Jaipur – 302004 +91-9414071144 (M) [email protected]
Dr.Manas Pandey Dean, Faculty of Management Studies VBS Purvanchal University, Jaunpur (UP). 09415207029 [email protected]
Manubhai M Shah Memorial Research Gold Medals:- TWO Empirical Researches in the area of Human Resource
Dr. Ravinder Vinayek Professor of Commerce, Dean Academic Affairs M D University, Rohtak- 124001 09416052184 [email protected]
Dr Debabrata Mitra, Professor Department of Commerce, University of North Bengal, Raja Rammohunpur, PO: North Bengal University, Distt. Darjeeling, (W.B.) 734013. 09474877362 [email protected]
Late Dr. A.D. Shinde Memorial Lecture delivered by Dr. P.C. Shejwalkar Prof. G.C. Agarwal Memorial Lecture delivered by Prof. Dr. B.P. Singh
Those who wish to present papers, at the Conference should send their full paper (up to 3,000 words) with Abstract (up to 500 words) to the respective Chairperson and Co-Chairperson before September 30, 2012 through e-mail Soft Copy (MS OFFICE) along with hard copy. The Paper may also be submitted on-line on the website of Indian Commerce Association www.icaindia.info link http://www.icaindia.info/SubmitPapers.aspx
65th All India Commerce Conference
On the occasion of 65th Year of Smt. P.D. Hinduja Trust
Hosted By : Smt. P. D. Hinduja Trust’s
K.P.B. Hinduja College of Commerce 315, New CharniRoad,Mumbai 400 004. NAAC Re-Accredited ‘A’ THE BEST COLLEGE OF UNIVERSITY OF MUMBAI FOR THE ACADEMIC YEAR2010 -2011
Late Shri. Parmanand Deepchand Hinduja(1901 – 1971)
Founder & Fountainhead of Our Strength
Established 1974
All India Commerce Conference of Indian Commerce Association
9th to 11th November, 2012
REGISTRATION FORM
ICA
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“Commerce changes the fate and genius of nations.”- Thomas Gray
Conference Convener :
Prin. Dr. T.P. Madhu Nair
Nirmala Memorial Foundation College of Commerce,
Kandivali (East), Mumbai 400 101.
Dean, Faculty of Commerce and University of Mumbai.
Official Correspondence:
Prin. Dr. T.A. ShiwarePrincipal, K.P.B. Hinduja College of Commerce
Former Dean, Faculty of Commerce, University of Mumbai.
315, New Charni Road, Mumbai 400 004. Ph. +91-22-4098 9000
Email: [email protected]
Website : www.hindujacollege.com
Conference Co-convener:
Dr. Chitra NatarajanVice Principal,
K.P.B. Hinduja College of Commerce,
315, New Charni Road, Mumbai 400 004.
Prepared and Designed by: Dr. (Ms.) Ishrat Ali Lalljee, Mr. Charjeev Sharma & Mr. Ahmar Bubere