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For Private Circulation OnlyVol X Issue XXXIX April 2008

Quarterly In-house Magazine

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A Saga RetoldAs we bid adieu to our MRC (Mr. M. R. Chandurkar), it is only befitting to fondly recollect the life history of this illustrious figure. Seventy long years have not in

any way taken away from his youthful and sprightly spirit. In the following two pages, we bring you glimpses into the past and present of MRC,

while heartily wishing him a wonderful and happiness filled future.

(L-R): Mr. B. C. Pathak (Ex-Ipca), Mr. Bhatnagar (Ex-Ipca), Mr. M. R. Chandurkar,

Mr. Ajitabh Bachchan, Mr. Premchand Godha, Dr. Rajeshwar Singh (Ex-Ipca)

(L-R): Mr. Premchand Godha, Mr. M. R. Chandurkar, Dr. Rajeshwar Singh (Ex-Ipca),

and others

The 1st Ipca team

on the verge of creating a legacy, in 1976

The humble beginnings

MRC hails from Nagpur. A graduate in Commerce, he has always learnt to balance his time for studies and other activities. During his college days, he was a student leader and used to meet challenges actively. He also represented NCC at the national level. His leadership qualities made him a favorite amongst his fellow students and teachers.

On the career path

MRC is a first generation entrepreneur. Before joining Ipca, he worked with ‘Navbharat Hindi Daily’ as a Resident Manager in Mumbai and is proud of his journalistic connections. Mr. Premchand Godha and Mr. M. R. Chandurkar were appointed as Directors of Ipca in 1975, and as Managing Directors in 1983. It has indeed been a fruitful journey for both of them. MRC has dedicated 30+ years of his life to the growth of Ipca. The Export Department grew phenomenally under his leadership.

The heart and the hearth

MRC married Usha in April 1968, who has been his pillar of strength in life. Mrs. Usha Chandurkar is a trustee of a well known social organization called Mahila Vikas Mandal, Colaba. The organization runs a Working Women's hostel on a no-profit-no-loss basis as well as runs a play school for poor children free of charge. There are so many other activities of the Mandal like, a school for poor children, yoga and dancing classes, for which Mrs. Chandurkar likes to devote her time. She is an able leader like her husband and always has an eye for improvement and tries to embark upon different issues in her own way. MRC’s son Sameer, is married to Jaya, and they have a son Yash. The Chandurkars are a close-knit, loving and happy family.

Leaving behind a legacy

When we talk about his triumph in the pharmaceutical world, MRC has made a remarkable feat. Running a pharma company with no background or knowledge of pharmacy, and transforming a loss

1976-77

Early days...MRC with Usha

1975

making company into a viable one was undeniably a big challenge. Both MRC and Godha have gone through hard times during this transformational phase, but they had a strong bond and respected each other’s opinion.

But, as good things come to an end, MRC decided that his term as Managing Director ending on March 31, '08 need not be extended further, since he has turned 70 years of age. Although he would not be actively involved in the

IpcaContact 1

(L-R): Mr. T. Ramachandran, Mr. M. R. Chandurkar, Mr. Motwani (Ex-Ipca), Mr. Premchand Godha, Mr. A. K. Jain, Mr. H. V. Bhatt,

Mr. B. B. Rajpal (Ex-Ipca), Mr. K. C. Lala (Retd, still associated with Ipca), Mr. J. L. Nagori, Mr. P. D. Bhatnagar (Ex-Ipca)

MRC at a plant visit

MRC with a visitor

Madhubhai and I met in October 1966, when I reached Bombay city to pursue my Chartered Accountancy Course. Madhubhai was the first person in this city to offer me a cup of tea and a helping hand to locate the address of another friend. That helping hand is still holding me till date, and will be forever. The next 41 years saw our bond grow stronger with Madhubhai always being there to help me, never expecting anything in return.We decided to come together and start the business in November 1975. The trust and faith in each other was the foundation on which our partnership was built. This is how the Ipca you see today was born. Ipca has to its credit successful accomplishments and a Rs.1000 Crores turnover, with major growth plans for many more milestones to be achieved.There is hardly any day that we have not talked to each other wherever we are and we have enjoyed the best of moments of our life together. These memories will always remain in our minds and will be cherished for all times to come. It is very difficult to find a person like him who is a friend, philosopher, guide, not only to me but to my family members, too.Madhubhai is one person in my life whom I can count on. I know he is beside me in all difficult times. I am sure his support will continue to be there although he has taken a back seat now from carrying out Ipca’s business. With his energy level and enthusiasm and his love for Ipca, it will be never easy for him to stay away and his valuable suggestions will be available to me always.Our relationship cannot be expressed in a few words. Both Ushas (Mrs. Chandurkar & Mrs. Godha) have played an

Of Faith and Friendship - Mr. Premchand Godha

(L-R): Mr. Ajitabh Bachchan, Mr. Godha and Mr. Chandurkar

(L-R): Mr. & Mrs. Chandurkar, Mr. Ajitabh Bachchan and Mrs. & Mr. Godha

1990s

1999-2000

day-to-day activities, he would always be with the Ipca family providing his valuable suggestions and would continue as the Director on the Board.

Future Focus

MRC intends to lead a more meaningful life by serving the society. He wishes to travel the world and wants to relax and rejuvenate himself.

Well, retirement is not the end of life… it’s just the beginning of a novel way to fulfill all our unfulfilled dreams… Wishing our MRC best wishes in all his future endeavors…!

IpcaContact2

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"I worked together with Mr. Chandurkar for 28 years. I joined Ipca on April 1, 1980. Those were the most difficult days as the growth aspiration of the Company was very high and it had very limited financial resources. Therefore, managing banking and getting bank limits used to be most important, more particularly because of the tight credit control from RBI. Mr. Chandurkar maintained good relations with the bankers and the Company adopted a culture of high degree of transparency and openness in its dealings. It was the culture of taking up potential issues and problems that helped the Company to get better financial limits from the banking system and to record high growth with limited resources.He is a fantastic human being, ever ready to help employees in the most difficult situations. He has a natural ability to make friends and put a person at ease the moment he interacts with. This quality is a rare ability that facilitated the Company immensely in its growth journey. He has turned 70 now, but he is full of energy and life that you do not find even in young executives.

I wish him a healthy retired life, I know that he cannot retire, he is the one who is ever ready to help others which he will continue to do everyday, there can not be retirement for him.I wish that we continue to get his patronage and best wishes so that we, at Ipca, achieve further heights, a mission very close to his heart. We, all Ipcaites promise him that he will always feel proud of our achievements and we will always have his blessings."

A few words from Mr. A. K. Jain

Mr. Premchand Godha, Mr. A. K. Jain and Mr. M. R. Chandurkar

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important role in further fostering this relationship and being equally understanding and supporting in nature. The business we have built together, with you all as team members, is on the foundation of Integrity, Delivering on Commitment and on our strong desire to Win and Quality in anything and everything we do. On this strong foundation, this business will flourish further, but I will miss Madhubhai each day. With the support of all you team members, I want to make Ipca a better place to work in and we all have the best wishes of Madhubhai with us. We all wish him good health.

Ipca board members with spouses

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INTERNATIONAL

A three-day Training Workshop was conducted in Moscow, Russia, between February 19 and

21, ’08. The workshop focused on the ‘Principles and Practice of Business Process’.

The workshop was attended by all our Regional Managers (RMs) and English speaking Assistant Managers (AMs) working in different parts of

Russia and Belarus. (Far East, Siberia Central Region to North South Region). It was facilitated by Mr. Sanjay Sharma, Mr. Mathew Massey and our Hospital Head, Mr. Sadiq Sahubar.

Russia is the biggest contributor in international branded

promotional business and currently we have a total field strength of around 150 in Russia and two teams for Chronic and Acute therapeutic segments. Mr. Rajesh Kumar Upadhyay from International Division, HO, conducted the workshop. All managers participated actively in the workshop and pledged to practice the business process in their day-to-day activities.

Workshop at Moscow

Participants (Seated R – L): Mr. Rajesh Kumar Upadhyay, Mr. Mir Farooq, Mr. Sanjay Sharma, Mr. Mathew Massey, Mr. Amit Patel, Mr. Sunil Singh and

Mr. Prajyod Pillai (Standing L – R): Mr. Sergei Kinkov, Mr. Vipin Dogra,

Mr. Narendra Kumar, Mr. Nemi Chaudhary, Mr. Alok Verma, Mr. Binu Panikar

A one-week training program was organized in Colombo, Sri Lanka, between November 26 and December 1, ’07. The program was arranged for our Medical Representatives and Area Managers working in Sri Lanka and was conducted by

Mr. Rajesh Kumar Upadhyay.

We have three separate teams in Sri Lanka which promote the product as per their specialty, like Chronic team promotes Cardiac products, CNS team promotes Neuropsychiatry drugs and Acute team promotes Antibiotics, Pain and Inflammation drugs.

The training program was facilitated by our Country Managers, Mr. Anil Kochar (Cardiac and CNS) and Mr. Dinesh Kapoor (Acute).

Training Week in Sri Lanka

The month of February witnessed a Training Workshop at Moscow. Bringing you insights of the same...

Currently we have total field

strength of around 150 in Russia and two teams

for Chronic and Acute therapeutic

segments

The week long Training Program held in Sri Lanka really did help our Medical Representatives and Area Managers. Read ahead to know more...

We have three separate teams in Sri Lanka

which promote the product as per

their specialty

3Sri Lankan Team during the training program

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‘The first impression is the last impression’. Ipca’s team in Myanmar is victorious in pulling off this quote during the Ilizarov pre-conference workshop conducted at the 20th Conference of Orthopedic Association of Myanmar.

Ilizarov is a bone fixation technique using an external fixator for lengthening limbs, correcting Pseudarthroses and other deformities. This technique also assists the healing of otherwise hopeless traumatic or pathological fractures, infections such as Chronic Osteomyelitis, Polio and Cerebral palsy. This was the first ever workshop on Ilizarov technique conducted in Myanmar on February 6 and 7, '08. For most of the Orthopedicians, this was the first exposure to Ilizarov and about 135 Orthopedic surgeons attended the workshop, as against an initial estimate of 70 to 80.

The workshop was conducted by India’s renowned Orthopedic surgeon Dr. Milind Chaudhary. He is the pioneer Ilizarov surgeon in India and has performed more than 2000 operations using Ilizarov technique. Dr. Chaudhary has established the Center for Ilizarov technique which has treated patients from all corners of India as well as from various parts of the world like US, UK and Australia.

Zerodol – Ilizarov Workshop in Myanmar

INTERNATIONAL

Bringing you glances of the Ilizarov pre-conference workshop...

During the workshop, all the young Orthopedic surgeons had a good exposure and hands-on-experience of the Ilizarov technique. The opening day of the Conference (February 7, ‘08), had a talk by Dr. Chaudhary on ‘Club foot correction by Ponsetti method’. It was highly appreciated by all the doctors. There were six international doctors in the conference amongst whom Dr. Chaudhary was the most sought after, due to his extensive knowledge on the topics which really added to the learnings

of all the participating doctors. Dr. Chaudhary was also quite happy with the exposure and response he got during the workshop. Mr. Shailendra Seth (CM, Myanmar) and his team played a significant role in organizing the whole workshop.

This activity gave Ipca a good platform to share our mission ‘Partnering Healthcare Globally’. It has given a boost to the corporate image of Ipca and a fine exposure for our brands: Zerodol, Stericef and Lufi (the three focus brands for Orthopedicians).

International Marketing

(Branded Formulations)

Dr. Milind Chaudhary giving a presentation on Ilizarov

Group photo with all International Speakers

Myanmar doctors getting a first-hand experience of Ilizarov technique

Doctors participating in the Ilizarov workshop

4

For most of the Orthopedicians, this

was the first exposure to Ilizarov and about

135 Orthopedic surgeons attended the workshop, as against

an initial estimate of 70 to 80

IpcaContact 5

Bionova has a mission to gift India an acne-free clear skin. Bionova is now reaching out to the young population to

make them aware that acne is curable and preventable. Acne is not a transient self-healing skin disorder that will go away after a

certain age.To urge them to consult a dermatologist at an early stage of acne, Bionova is conducting camps in colleges. A leading dermatologist of the area addresses the students on the various causes of acne, how acne progresses and how to take care of the skin.By now, such camps have been conducted in various cities as follows:

Dr. Rajendra Shinde at Pharmacy College, Pune, camp arranged by Mr. Laxman Gaikwad, PSR, Pune and Mr. Upendra Pandey, RBM, Pune. Dr. Manas Chatterjee at Jodhpur, camp arranged by Mr. Vishal Punjabi, ABM, Jodhpur. Dr. Seema Jain at Nav Gujrat College, Ahmedabad, arranged by Balwany Zala. Other camps have been arranged at: Savitri Girls College, Ajmer by Dr. Shashikala Chaudhary,

Bionova v/s Acne

arranged by Mr. Sunil Sharma, PSR. SVT College, Mumbai by Dr. Ajay Kedia, arranged by Mr. Rakesh Talati, ABM, Mumbai. Students have appreciated the information they have received. They also had a good opportunity to clarify their myths on acne.

Dr. P. H. Maniar at Jhunjhunwala College, Mumbai. Camp arranged by Mr. Amol Lokegaonkar,

ABM, Mumbai

The Annual National Conference of the Indian Association of Private Psychiatry (ANCIAPP) was held at Bhubaneshwar, the

beautiful city of Temples in November 2007.Amongst the usual conference, medical lectures and typecast stalls, it wouldn’t be an overstatement that INNOVA’s participation added zeal to the event.THE STALL OF WONDERSSlight creativity and a pinch of imagination made the 9 x 9 feet stall stand out. A backdrop of huge oceanic waves encompassing the eminent QUEL SR, the leader PARI CR and the perfect Recita, called out for attention. Bordering the stall were the three Wonders of the World – The Statue of Liberty, The Egyptian Sphinx and The Great Wall of China,

truly spelling INNOVA letter by letter.A RIDE OF ACTIVITIES Following were the series of activities held on the two-day conference.The Astonishing Stallions: A pair of Royal Black Horses accompanied by two Royal

TRULY INNOVAtive

Jockeys dressed in a typical Maratha outfit on the 1st day and Italian outfit on the 2nd day positioned at the entrance, welcomed the delegates. To our surprise, the delegates even took a ride on the horses to fulfill their youthful wishes. The Quenching: On the 1st day, the delegates refreshed themselves with their choice of fresh juice at the stall.

Feeling Lucky: On the 2nd day, the delegates felt lucky when they played ‘Spin the Wheel’ lucky draw. This was accompanied by complimentary gifts of QUEL SR crystal globes and Recita Tansen and Veena miniatures. INNOVA was truly into a different league this time at ANCIAPP, making it memorable not only for its employees but for the delegates as well.

DOMESTIC

An acne-free skin is a cherished desire for many. Through this article, we bring Bionova’s efforts to fulfill this desire...

Bionova is now reaching out to the young population to make them

aware that acne is curable and

preventable

November 2007 witnessed the ANCIAPP Conference in the beautiful city of Bhubaneshwar.

It wouldn’t be an overstatement that INNOVA’s

participation added zeal to the event

Mr. Shivkumar Madatala with team

IpcaContact

HUMAN DEVELOPMENT

With a view to further enhance the potential and competency of the Senior Management team, Ipca, in joint collaboration

with IIM – Indore, has designed a Customized Management Development Program.The basic purpose is to provide an opportunity to augment and develop managerial skills of our senior management team and help them to be more effective and successful in their functional area.About MDPThe Management Development Program (MDP) is a customized modular 28-day program. It is structured in seven interrelated micro-modules, namely, General Management Concepts, Business Environment, Finance, Operations Management, Marketing, IT and Human Resource Management, spread over a period of seven months. The program combines skill building with the exploration of good management practices, as well as exposure to critical new perspectives and approaches in general management.Objectives

To compete effectively in today’s rapidly changing competitive business environment

Develop competencies and skills in general management to enhance the managerial effectiveness of the participants

To prepare the participants to shoulder higher responsibilities

Prepare participants to see the ‘Big Picture’ and think ‘Out-of- the-box’, as a habitThe first batch of MDP was inaugurated, at IIM – Indore on February 21, ’08. Mr. A. K. Jain – Executive Director and Mr. Prakash Shanware, President – HR from Ipca, along with

Management Development Program (MDP)IIM, Indore

Prof. Tapan Panda, Prof. Mrs. Abha Chatterjee and Prof. S. Venkat from IIM – Indore graced the inaugural function.Setting the context, Mr. Prakash Shanware explained about the objectives of the program and linked it with current challenges of business organizations such as, talent retention and developing leadership skills among the Senior Management team. He also talked about the organization’s innovative thinking and aspirations to become the world leader in Malaria and Pain management.Mr. A. K. Jain addressed the participants on Ipca’s growth and aspirations and said that the overall objective of the MDP is to develop the functional specialists to General Managers to understand all the aspects of business and help to develop team working among all cross-functional specialists. Prof. Tapan Panda summed up the program with a vote of thanks.The 1st batch of MDP

Front Row (L-R): Mr. Ashok Sharma (HR – Mumbai), Prof. Abha Chatterjee (IIM – Indore), Mr. A. K. Jain (Executive Director – Ipca), Mr. Prakash Shanware (President HR – Ipca), Prof. Tapan Panda (IIM – Indore), Prof. S. Venkat (IIM – Indore) and Mr. Dinesh Siyal (Commercial – Ratlam)

Middle Row (L-R): Dr. R. K. Jadhav (ADL – Mumbai), Mr. S. K. Darh (QA – Ratlam), Mr. C. S. Hillal (Engg – Indore), Mr. Bhupendra Joshi (Purchase – Mumbai), Mr. U. K. Menon (Export – Mumbai), Mr. Ajit Choubey (Production – Ratlam), Mr. R. L. Chavan (Tech. Transfer – Mumbai), Mr. Ashvini Saxena (R & D – Ratlam), Mr. M. K. Mittal (EHS – Ratlam) and Mr. Prakash Nayak (Finance – Mumbai)

Last Row (L-R): Mr. Jigar Kantharia ( IIM – Indore), Mr. Sunil Kamath (Costing – Mumbai), Mr. D.K. Singhai (Production – Ratlam), Mr. Adil F. Jafari (Production – Ratlam), Mr. P. P. Dubey (HR & Admn.– Ratlam), Mr. R. W. Doifode (Production–Aurangabad), Mr. Suryakant Pai (Distribution–Mumbai), Mr. A. R. Narayanan (Shipping Mumbai), Mr. K. K. Mandwaria (Operation–Exon Mahad), Mr. Rajesh Bhatewara (Maintenance–Ratlam)Mr. A. K Jain – Executive Director lighting the

lamp for inauguration with Mr. Prakash Shanware (right)

6

MDP is a customized modular program which explores good management practices. Presenting here Ipca’s first batch of MDP…

The basic purpose is to provide an opportunity to augment and

develop managerial skills of our senior management team

and help them to be more effective and successful in their

functional area

IpcaContact

Dance and songs without beat,

Dance and skit without synergy,

Is not what you will see in Ipca Utsav Meet with Unlimited Energy

Ipca Utsav is an event that all Ipcaites look forward to. It’s an occasion where we indulge in immense fun and frolic and the best of practice, commitment and teamwork are displayed here.

At Ipca Utsav ’08, we had organized many entertaining programs and kept our audience glued to their seats till the end. The event was a big hit and we appreciated our performers, volunteers and committee members who made it a reigning success. All the performers were given gifts, i.e., the DVDs of the program. The program had a splendid beginning with Long service and TQM awards being distributed. Well, here are some snapshots of this marvelous event…

Ipca Utsav 2008Fun and revelry marked Utsav ’08, with Ipcaites having a rollicking time and making this event successful. Bringing you

glimpses of the same…

It’s an occasion were we indulge in immense fun

and frolic and the best of practice, commitment and

teamwork are displayed here

7

Mr. Shridhar Kamble (Mktg) (1st from left), Ms. Elizabeth Gonsalves (2nd from right), Mr. R. R. Amin (3rd from right) and Ms. Indu Doshi (QA) (4th from right), Ipca's esteemed employees

who have completed 30+ years of service

(L–R): Mr. Premchand Godha (Managing Director), Mr. A. K. Jain (Executive Director), Ms. Abbe Fernandes (From Project Department

completed 25 years of service), Mr. Prakash Shanware (President – HR)

IpcaContact

1. HaphazardPronunciation: [hap-haz-erd]Function: AdjectiveMeaning: Characterized by lack of order or planning

2. HallucinationPronunciation: [huh-loo-suh-ney-shuh n]Function: NounMeaning: A false notion, belief, or impression

Word Power — H3. HoverPronunciation: [huhv-er]Function: VerbMeaning: To hang fluttering or suspended in the air

4. HostilePronunciation: [hos- tahyl]Function: AdjectiveMeaning: Not friendly, warm, or generous

HUMAN DEVELOPMENT

Mr. S. Prassanna ZBM, (Altus),

Bangalore

Dr. Neeraj Agrawal HD – Medico

Marketing – Clinical, Mumbai

Mr. Dharmesh Bhayani Manager – Marketing, (BD Sales), Mumbai

Mr. Sanjay Chawla ZBM, (Intima),

Delhi

Mr. Sanjay Jadhav Dy. GM – HR,

Mumbai

Dr. Anthony Braganza Manager – Medical Services, Mumbai

Mr. Amitava Bhaduri ZBM, (Altus),

Kolkata

Mr. Pawan Kumar Srivastava

BDM, Export (F), Mumbai

Welcome

8

We are pleased to inform you that Mr. Ashok H. Sharma, DGM – HR, has been awarded the M. Phil. (Master of Philosophy) degree in Business Administration Research in Human Resource Management by Annamalai University, (Chennai). He has carried out his research on 'Enhancing Organizational Effectiveness through Competency Way'.

Mr. Manish KhandpekarGM – Marketing

(Pharma), Mumbai

IpcaContact 9

NEWS

Amodiaquine is an anti-malarial with Schizonticidal activity, (i.e. Stops division of cells, especially in Protozoans). It has

been indicated in the treatment of uncomplicated cases of malaria caused by Plasmodium Falciparum.

The study was an open label, randomized single dose, two-way crossover design with sixteen days’ washout done to evaluate the Pharmacokinetics of Amodiaquine in Indian healthy adult male volunteers and to assess in vivo average bio-equivalence of Amodiaquine Hydrochloride tablets 200 mg manufactured by Ipca Laboratories Limited, India and Flavoquine® (Amodiaquine Hydrochloride) tablets 200 mg manufactured by Hoechst Marion Roussel.

The study was conducted at the Contract Research Organization – Acutest Research Labs. (I) India Private Limited, Ahmedabad under the supervision of Dr. Nirav Gandhi – Principal Investigator and Mr. Jayesh Dabhi.

A total of forty-eight healthy male adults were enrolled in the study. A single oral dose (3 x 200 mg tablet) of Amodiaquine Hydrochloride of Test and Reference product was administered to

Bio-equivalence Study of Amodiaquine Hydrochloride Tablets

the subjects in each study period as per randomization schedule. Forty-three subjects completed the study. One subject was withdrawn from study due to adverse event, while four subjects dropped out from study due to personal reasons. No serious adverse events were observed.

Analyses of whole blood samples for Amodiaquine and Desethylamodiaquine (the active metabolite of the drug) concentrations were done using a validated LC-MS/MS analytical method.

The conclusion was that the test product Amodiaquine Hydrochloride tablets 200 mg of Ipca Laboratories Limited, India was found to be bio-equivalent with the reference product Flavoquine®(Amodiaquine Hydrochloride) tablets 200 mg manufactured by Hoechst Marion Roussel under fasting conditions in forty-three normal, healthy, adult male subjects in a randomized crossover study.

This bio-study is sent for publication in the journal of Clinical Medicine and Research, USA.

Artesunate is an anti-malarial agent, which is available in Oral, Rectal and Parental formulations that provide a rapid clinical

effect in patients with Plasmodium Falciparum malaria. Artesunate is used in the treatment of severe malaria, including cerebral diseases.

The study was an open label, randomized single dose, two-way crossover design with seven days’ washout done to evaluate the Pharmacokinetics of Artesunate in Indian healthy adult male volunteers and to assess in vivo average bio-equivalence of Artesunate tablets 50 mg manufactured by Ipca Laboratories Limited, India and Arsumax ® 50 mg tablets, manufactured by Guilin Pharma Company Limited – China, for Sanofi Winthrop, A.M.O. – France.

The study was conducted at the Contract Research Organization – Acutest Research Labs. (I) India Private Limited, Ahmedabad under the supervision of Dr. Nirav Gandhi – Principal Investigator and Mr. Jayesh Dabhi.

The study was conducted on sixty-eight subjects in two batches of

Bio-equivalence Study of Artesunate Tabletsthirty-four subjects each within a gap of 2 days. The two treatment periods of the study were separated by seven days’ washout period. A single dose (50 mg) tablet of Artesunate of test and reference product was administered to the subjects in each study period as per randomization schedule.

Sixty-seven subjects completed the study. One subject voluntarily withdrew from the study due to personal reasons. No serious adverse events were observed. Plasma concentration of Artesunate and DiHydroArtemisinin (DHA), (the active metabolite of the drug) was measured by a validated LC-MS/MS analytical method.

The conclusion was that the test product Artesunate 50 mg tablets manufactured by Ipca was found to be bio-equivalent with the reference product Arsumax ® 50 mg tablets, manufactured by Guilin Pharma Company Limited – China, for Sanofi Winthrop, A.M.O. – France under fasting conditions in sixty-seven normal, healthy, adult male subjects in a randomized crossover study.

This bio-study is sent for publication in the journal of Clinical Medicine and Research, USA.

IpcaContact

NEWS

Ipca’s plant at Piparia has been inspected by Medicines and Healthcare products Regulatory Agency, UK and earned

the certificate of GMP compliance of a manufacturer. Here’s a review.The certificate verifies the quality of the manufacturing operations, quality control, and packaging of the products manufactured at the

Ipca’s 3rd Plant gets MHRA, UK Certificationplant. This is the first approval received by Piparia plant.In the past, Ipca’s plants in Kandla and Athal have also been certified with the MHRA – UK approval. Piparia plant is the third manufacturing plant of Ipca Laboratories to have received this approval.

The United States Patent office has issued a patent to Ipca on its method of making Losartan potassium with patent number

US7345071. This is the second patent granted to Ipca in a row on Losartan potassium by the United States of America (USA), protecting our intellectual property. The issued patent also has coverage to a method of making Form I polymorphic form, which is listed in the orange book.

The patent is issued with thirteen claims, covering method of making Losartan potassium, in particular to crystalline Form I of Losartan. The process now gets virtual market exclusivity until November 2023. The patent term/life is extended after its usual 20 years period by 14 days more.

Ipca receives 2nd US Patent for Losartan PotassiumLosartan potassium has sales amounting to 1438 million USD in the USA and 3880 million USD worldwide per year. A generic version of Losartan can be marketed with the patented process of Ipca by February 11, ‘10. This second US patent is a key patent that broadens protection for our current process extending exclusive coverage to alternatives which competitors may use to circumvent.

The second patent is proving the research capability of Ipca to adapt to a changing IP environment and adding value to the intellectual capital of the Company. Both patents can be viewed from the US patent office website (US6916935 and US7345071).

10

As an initiative to make people aware of the Athal Plant, along with our PR agency, Blue Lotus Communications, we

arranged for a Press visit on February 15, 08. We all came together from different points and headed to Athal plant situated at Silvassa, Union Territory of Dadra and Nagar Haveli.

Athal plant has been operational since 1995. It is a formulation plant and caters to Domestic and International markets. Athal has regulatory approvals from MHRA-UK, MCC-South Africa, TGA-Australia, ANVISA-Brazil and WHO Geneva.

Press visits Athal PlantWe showed the media team the Manufacturing, Packing and Store areas, which was almost a two-hour trip. There were queries related to production, which were answered by Mr. V. S. S. Kushwaha, Sr. GM. After the plant visit, the visitors met Managing Director, Mr. Premchand Godha and had a good interaction. The media representatives thanked and acknowledged us for a wonderful and interesting trip and expressed their wish for more such visits.

IpcaContact 11

NEWS

Given that there are barely a dozen pharmaceutical firms in India with

an annual turnover of Rs.1000 crore, any company that reaches this benchmark has a reason to celebrate. The latest to do so is Mumbai-based Ipca Laboratories, which has grown at a rapid pace in the last few years. And they have done it quietly, without much fuss, because Managing Director Premchand Godha has consciously steered clear of the media. Mr. Godha has decided to reach out to rest of the world. He revealed that Mr. M. R. Chandurkar, one of his original investors, is preparing to make an exit.

Ipca has already acquired 55 acres of land in Sikkim and finalised plans for an investment of about Rs. 20 crore. The plant is expected to be commissioned in 2010. On the other hand, a dedicated Special Economic Zone (SEZ) in Indore, built at a cost of around Rs. 70 crore is almost ready, and will go on stream later this year. The Management is planning to

Into the Big LeagueIpca – expanding their global footprint

2006-07 2005-06 2004-05 2003-04 2002-03Total Income 939.11 753.30 680.23 634.72 484.52

Operating Profit 206.23 117.09 128.28 128.52 96.38

Gross Profit 183.76 103.00 117.3 122.50 90.49

Net Profit 125.77 63.98 78.11 79.26 61.86

Equity Capital 25.00 25.00 25.00 12.50 12.50

Reserves 448.75 360.89 313.17 263.17 199.30

EPS (Rs) 50.47 25.59 31.25 63.41 49.49

FINANCIALS (Rs crore)

invest about 30 crore in expansion of its plant in Silvassa. Over the years, Ipca has had several firsts to its credit: sugar coated Chloroquine in 1976, Pyrantel Pamoate (used for treatment of worms) and Atenolol (high blood pressure) in the mid 80s. And then it went public in 1994, just a year after making its first major acquisition Hoechst India’s formulations plant in Kandla (Gujarat).

Growing Strength

Among Ipca’s latest projects are a highly sophisticated formulation plant in Sikkim, the new Domestic Divisions for Rheumatic diseases and Heart care and their subsidiaries in the UK and US, a joint venture with a Chinese company for Artemesin and one with a UAE-based firm and a strategic alliance with Ranbaxy for the US market. The management also plans to increase its current employee strength of about 5,500 by about 300 to 400 people in the coming year. A considerable number of these would be highly qualified and skilled scientists and engineers, capable of matching the needs of Ipca's global clientele.

In 2007, the Domestic Formulations business grew at the rate of 16 per cent

against an industry growth of 14 per cent during the same period. Several brands like Lariago, Perinorm, Tenolol and Zerodol have become brand leaders in the respective

therapeutic segments. All this has enabled Ipca to double its sales turnover from Rs. 484 crore in 2002-03 to Rs. 921 crore in 2006-07. Similarly its profit after tax (PAT) has soared from Rs. 61 crore in 2002-03 to Rs. l22 crore in 2006-07. Godha says, for the financial year 2007-08, the sales turnover is expected to be around Rs. 1,100 crore.

Clearly, the period of uncertainty during the mid 90s is far behind now. The Ipca management not only found ways to face

the Chinese competition but also expanded their product portfolio and became less dependent on the anti-malarial category.

(This article has been summarized from the Business India edition of April 6, 2008)

Mr. Premchand Godha

Mr. M. R. Chandurkar

IpcaContact12

What is Osteoporosis?

Osteoporosis, or porous bone, is a disease characterized by low bone mass and structural deterioration of bone tissue, leading to bone fragility and an increased susceptibility to fractures, especially of the hip, spine and wrist, although any bone can be affected. In simpler terms, Osteoporosis is a condition in which the bones become weak and can break from a minor fall.

Prevalence of Osteoporosis

This is currently a public health problem of major concern in the countries of North America and Europe. According to one estimate, by the age of 70, nearly 40 per cent of American women will experience at least one Osteoporotic fracture and, in 12 to 20 per cent of them, the fracture and its complications could prove fatal, while in the majority of the rest, prolonged supportive care would be necessary. The incidence among women is nearly double than among men.

In contrast to the above experience, Osteoporosis has so far been generally viewed as a problem of minor public health importance in India and other countries of the Third World, in general. With increasing life expectancy, and with the sex ratio favoring the female after 40 years of age, there could be a significant expansion in the pool of potential candidates for Osteoporotic fractures in the years ahead, and this could emerge as an important health problem.

Osteoporosis: An Insight

What are its symptoms?

People cannot feel their bones getting weaker. They may not know that they have Osteoporosis until they break a bone. A person with Osteoporosis can break a bone from a minor fall, or in serious cases, from a simple action such as a sneeze.

Vertebral (Spinal) fractures may initially be felt or seen in the form of severe back pain, loss of height, or spinal deformities such as Kyphosis or stooped posture. In many cases, a vertebral fracture can even occur with no pain.

Fractures: One in two women and one in four men over 50 years will have an Osteoporosis-related fracture in their remaining lifetime. Fractures due to Osteoporosis are most likely in the hip, spine and wrist, but any bone can be affected. The total number of fractures due to Osteoporosis is expected to rise to more than 3 million by 2025. Fractures due to Osteoporosis lower a patient’s quality of life. An average of 24 percent of hip fracture patients aged 50 and over die in a year following their fracture.

What are risk factors?

Certain people are more likely to develop Osteoporosis than others.

Factors that increase the likelihood of developing Osteoporosis and broken bones are called ‘Risk Factors.’ Many of these risk factors include:

The total number of fractures due to Osteoporosis is expected to

rise to more than 3 million by 2025

As the name suggests, this disease of bones has so far been viewed as a problem of minor public health importance, but in years ahead it could emerge as an important health problem. Let's find out more about it...

MEDICAL

IpcaContact 13

MEDICALBeing female

Older age

History of broken bones

Low sex hormones

Low estrogen levels in women, including menopause

Missing periods (Amenorrhea)

Low levels of testosterone and estrogen in men

Diet

Low Calcium intake

Low Vitamin D intake

Excessive intake of Protein, Sodium and Caffeine

Inactive lifestyle

Smoking

Alcohol abuse

Certain medications such as steroid medications, some anticonvulsants (for fits) and others

Certain diseases and conditions such as anorexia nervosa, asthma and others

Women can lose up to 20 percent of their bone mass in the five to seven years after menopause, making them more susceptible to osteoporosis.

How to Diagnose?

X- rays

Specialized tests called Bone Mineral Density (BMD) tests can measure Bone Density in various sites of the body. Experts recommend a type of BMD test using a central DXA (which stands for Dual Energy X-ray Absorptiometry).

A BMD test performed by a central DXA can:

Tell if a person has low bone density before a fracture occurs

Tell if a person’s bones are losing bone density or staying the same when the test is repeated at intervals of one year or more

Predict the chances that a person will have a fracture in the future

Help a person and their healthcare provider decide if treatment is needed

A new methodology called Absolute Fracture Risk takes into account a person’s BMD and other risk factors to estimate the likelihood of breaking a bone due to low bone mass or Osteoporosis over a period of 10 years.

How to Prevent?

About 85-90% of adult bone mass is acquired by the age of 18 in girls and 20 in boys. Building strong bones during childhood and adolescence can help to prevent Osteoporosis later in life. There are five steps, which together can optimize bone health and help prevent Osteoporosis. They are:

1. Get the daily-recommended amounts of Calcium and Vitamin D

2. Engage in regular exercise

3. Avoid smoking and excessive alcohol

4. Have a Bone Density Test

5. Take medication when appropriate

A study of disease management in rural healthcare population demonstrated that a preventive program was able to reduce hip fractures and save money.

What Medication is available?

First Line Drugs

Vitamin D and Calcium

Second line drugs

Bisphosphonates (Alendronate, Ibandronate, Risedronate)

Anabolic steroids

Calcitonin

Ipca Labs manufactures and markets Calten and Calten–D, which consists of the combination of Calcium Carbonate, Vitamin D and Zinc for management of fracture healing and Osteoporosis.

Medical Team

IpcaContact14

SAFETY DAY

We celebrated the 37th National Safety Day at our Kandla Plant on March 4, 2008. Mr. T. S. Menon gave a lecture on

the Occupation Health & Safety (OH&S) Management System, to enable an organization to control its OH&S risks and improve its performance. He stressed on: A system to eliminate or minimize risk to employees and other interested parties who may be exposed to OH&S risks associated with its activities Implementing, maintaining and continually improving an OH&S Management System Making a self-determination and declaration of conformity with this OH & S specificationContinual Improvement: Process of enhancing the OH&S Management System, to achieve overall improvements in line with the organization’s OH&S policy.Hazard: Source or situation with a potential for harm in terms of injury or ill health, damage to company property, damage to the workplace environment or a combination of these.Hazard Identification: The process of recognizing that a hazard exists and defining its characteristics.Incident: Event that gives rise to an accident or has the potential to lead to an accident.OH&S: Maintain conditions and factors that affect the well-being of employees, temporary workers, contractor personnel, visitors and any other person in the workplace.OH&S Management System: This includes the organizational structure, planning activities, responsibilities, practices, procedures,

Kandla

Mr. T. S. Menon gave a lecture on the Occupation

Health & Safety (OH&S) Management

System, to enable an organization to control its OH&S risks and improve its performance

The 37th National Safety Week was celebrated at Ipca Laboratories Ltd., Piparia. Mr. Ashok Sharma, Dy. GM – HR,

inaugurated it on March 4, 2008 by lighting the traditional lamp in

Piparia (Silvassa)

From left: Mr. Murali Rao, Mr. Ashok Sharma, Mr. R. B. Panchal and Mr. N. B. Sinha during the

inauguration of the Safety Week

A Safety Oath was taken by

the employees as a commitment to

follow safety norms in their lives

processes and resources for developing, implementing, achieving, reviewing and maintaining the organization’s OH & S policy.The policy shall: Be appropriate to the nature and scale of the organization’s OH&S risks Include a commitment to continual improvement Include a commitment to at least comply with the current applicable OH&S legislation and with other requirements to which the organization subscribes Be documented, implemented and maintained Be communicated to all employees with the intent that employees are made aware of their individual OH&S obligations Be available to the interested parties Review periodically to ensure that it remains relevant and appropriate to the organizationAt the end of the session, Mr. S. C. Sharma, Safety Officer, described various types of Fire Extinguishers and PPE and their usage at proper places.

‘Safety first is safety always’. Bringing you a review of Safety Day events celebrated at our different locations…

the Training Hall. A Safety Oath was taken by the employees as a commitment to follow safety norms in their lives. Mr. Ashok Sharma and Mr. R. B. Panchal (QA Manager) emphasized on the importance of safety in the industry and in our life. Badges were distributed to the employees. Safety poster and banners were also displayed in the factory premises on the commencement of Safety Week.To bring about more awareness about safety amongst the employees, different contests were organized like Safety Slogan, Safety Poster and Essay between March 4 and 10. The top three in each of these have been selected as winners.It was a great pleasure for the Ipca – Piparia employees that no accident occurred in 2007, as revealed by Mr. N. B. Sinha – Sr. Executive HR. This is the outcome of our safety campaign during the safety week and regular safety training.

IpcaContact 15

SAFETY DAY

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IpcaContact16

Fvoewj ìerce keÀer 5 mìej He´espeskeÌìeW keÀer nsefì^keÀFHkeÀe Fvoewj ìerce ves ueieeleej leerve ceen, efomecyej '07, peveJejer SJeb HeÀjJejer '08 ceW meer.Sme.meer. ceerefìbie ceW keÀe@mì meseEJeie (Cost Saving) SJeb efmemìerce FcÒetJeceWì (System

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efoveebkeÀ 3 efomebyej '07 keÀes FHkeÀe Fvoewj ceW ngF& meer.Sme.meer. ceerefìbie ceW He´espeskeÌì - Loss of production due to frequent leakage in cyclization reactor limpet coil keÀes Þeer. meer. Sme. meesveer ves He´pesvì efkeÀ³ee~ Þeer. meer. Sme. meesveer, DeeefHeÀmej - He´es[keÌMeve efJeiele 11 Je<ees& mes 4–Oh efJeYeeie ceW keÀe³e&jle nQ, SJeb SkeÀ De®ís ceesìerJesìj nQ, DeHeves DeefOevemLeeW SJeb meeefLe³eeW keÀes ìer.ke̳et.Sce. He´espeskeÌì Megª (initiate) SJeb Hetje (complete) keÀjves kesÀ efueS ueieeleej He´sefjle keÀjles nQ~

efoveebkeÀ 11 peveJejer '08 keÀes ngF& meer.Sme. meer. ceerefìbie ceW He´espeskeÌì - Frequent changeover of manpower due to uncomfortable feeling caused by irritating nature of 4-7 DCQ being dried in three traydyers keÀes Þeer. jepesMe yeebieæ[s ves Hes´pesvì efkeÀ³ee~ Þeer. yeebieæ[s, kesÀefcemì He´es[keÌMeve efJeiele 2 Je<eeX mes 4–7 DCQ efJeYeeie ceW keÀe³e&jle nQ~

efoveebkeÀ 8HeÀjJejer '08 keÀes ngF& meer.Sme.meer. ceerefìbie ceW He´espeskeÌì - Hueebì veb. 3 keÀer efyevee mene³elee kesÀ Hueebì veb. 1 mes 58 cesefì^keÀ ìve He´efleceen keÀer peien 85 cesefì^keÀ ìve meer.ke̳et.Heer. He´efleceen GlHeeove keÀjvee keÀes Þeer. jcesMe pebieues ves He´mlegle efkeÀ³ee~ Þeer. jcesMe pebieues efJeiele 35 Je<eeX mes CQP efJeYeeie ceW Dee@Hejsìj kesÀ Heo Hej keÀe³e&jle nQ~ ìer.ke̳et.Sce. meHeÀj ceW MegªDeele mes ner FvekeÀe menYeeie (involvement) jne nw Deewj ìer.ke̳et.Sce. kesÀ ceeO³ece mes FvneWves keÀF& De®ís He´espeskeÌì Megª (initiate) SJeb Hetje (complete) efkeÀ³es nQ~

TQM (Five Star Projects)

Þeer. meer. Sme. meesveer

Þeer. jepesMe yeebieæ[s

Þeer. jcesMe pebieues

5 Star projects presented from Ratlam

nceejs meeLeer megÞeer Meerueg ieewj ves 57.9 Kg Glimepiride product pees efkeÀ ³egSmeHeer (USP) kesÀ Devegmeej impurity profile ceW comply ve nesves kesÀ keÀejCe yeerSmeDeej (BSR) ceW 2005 mes Non-Moving kesÀ ªHe ceW jKee Lee~ GHejeskeÌle DeeHekeÀes efJeYeeie ÒecegKe Þeer. Deeféeveer mekeÌmesvee veW ®esueWpe kesÀ ªHe ceW efo³ee Lee~ DeeHeves Gme ceìsefj³eue keÀer purification process develop keÀj 50kgs purification material lew³eej efkeÀ³ee efpemekeÀer keÀercele i³eejn ueeKe ªHe³es nw~ DeeHeves nceejer mebmLee kesÀ R&D efJeYeeie ceW SHeÀìerF (FTE) kesÀ ªHe ceW join efkeÀ³ee~ nceejs GHejeskeÌle meYeer meeefLe³eeW SJeb GvekeÀer ìerce keÀes yengle yengle yeOeeF&~

nceeejs meeLeer Þeer vevopeer eEmen SJeb GvekeÀer ìerce ves CQP 600 mg + Promaquine 45 mg kesÀ combi-pack tablets kesÀ ieJn&veceWvì Dee@[&j (government order) kesÀ HeseEkeÀie (packing) kesÀ efueS blister machine 230XT & 230T kesÀ ve³es change parts ef[PeeF&ve (design) keÀj Productivity yeæ{e³eer efpememes ³en Dee@[&j (order) mece³e mes HetCe& nes mekeÀe~ meeLe ner HeskeÀeRie ceìsefj³eue keÀer 35% ye®ele ngF& efpememes Rs. 3200/- Òeefle ye@®e keÀer ye®ele ngF&~ Þeer vevopeer eEmen Formulation kesÀ meYeer Hueebìes ceW DeHeveer mesJee³esb osles nwb leLee blister machine & strip machine mes mebyeefOele mecem³eeDeeW kesÀ efveoeve ceW o#elee jKeles nbw~ DeeHekeÀer keÀe³e&kegÀMeuelee SJeb ueieve mes ÒeYeeefJele neskeÀj ÒeyebOeve ves DeeHekeÀes ÞeefcekeÀ mes mìeHeÀ ceW HeoesVele efkeÀ³ee SJeb DeeHe ueieelej HeoesVeefle ÒeeHle keÀj jns nwb~ DeeHe Formulation department TQM Co-Champion kesÀ meeLe TQM Certified Trainer Yeer nQ~

nceejs meeLeer Þeer. efnjeueeue iee³ejer SJeb GvekeÀer Chloroquine Phosphate tablets kesÀ ieJn&veceWvì Dee@[&j (government order) keÀer keÀeseEìie Òeesmesme (coating process) ceW non-aqueous kesÀ mLeeve Hej aqueous coating process develop keÀj Del³eefOekeÀ cee$ee ceW solvent handling keÀer mecem³ee kesÀ meeLe ner Rs. 50000/- Òeefle yeW®e ceW solvent keÀer ye®ele keÀer~ Þeer. efnjeueeue iee³ejer HeÀe@c³eg&uesMeve (Formulation) kesÀ meYeer Hueebìes ceW DeHeveer mesJee³esb osles nQ leLee keÀeseEìie Òeesmesme (coating process) mes mebyeefOele mecem³eeDeeW kesÀ efveoeve ceW o#elee jKeles nQ~ DeeHekeÀer keÀe³e&kegÀMeuelee SJeb ueieve mes ÒeYeeefJele neskeÀj ÒeyebOeve ves DeeHekeÀes ÞeefcekeÀ mes mìeHeÀ ceW HeoesVele efkeÀ³ee SJeb DeeHe ueieelej HeoesVeefle ÒeeHle keÀj jns nQ~

nceejs meeLeer Þeer. vejsMe YeìsJeje SJeb GvekeÀer ìerce ves Losartan Potassium (LB4) kesÀ residue mes Losartan Base keÀer recovery keÀj Rs. 39000/- Òeefle ye@®e (per batch) keÀer ye®ele keÀer~ DeeHe IBD VII plant kesÀ 2nd line Incharge SJeb TQM Champion nQ, meeLe ner DeeHe TQM, SOPs, Deewj EHS mebyebefOele activities kesÀ efueS Certified Trainer nQ~

Þeer. vevopeer eEmen

Þeer. efnjeueeue iee³ejer

Þeer. vejsMe YeìsJeje

megÞeer Meerueg ieewj

IpcaContact 17

jleueece

Cricket Capers

Ipca Ratlam is always known to celebrate its lighter moments in a unique way. This time we conducted the Ipca Interdepartmental

Cricket Championship Trophy – 2008 (IICC) under the leadership of Mr. P. P. Dubey. Eight department teams participated with enthusiasm and energy.

This Annual Cricket Championship was inaugurated by Mr. Dinesh Siyal on February 10, 2008 at Ipca Dairy Farm Cricket Ground. The teams were:

1. HR, Commercial and Accounts

2. IBD – I

3. IBD – II and XIV

4. IBD – XVI and XVIII

5. Pharma A

6. Pharma B

7. Quality Control

8. Research and Development

Mr. Dinesh Siyal, in his address to the participating teams, urged the players to exhibit sportsman spirit

and play all the matches with keen competition. Mr. Vikram Kothari, Administration Executive, welcomed the guests and Mr. S. K. Sharma Manager – HR, proposed a vote of thanks.

In the 20 overs-a-side match, Final Formulations A won the toss and

elected to field. QC team, in a pathetic display of batting, were all out in 17.2 overs scoring only 82 runs. The saving grace was Mr. Shreyakant Pandya of QC team who made 22 runs. Mr. Vinay Rana took five brilliant catches in this match and Mr. Jitendra Dubey of FRM took four wickets for 18 runs. Mr. Rakesh Tiwari of FRM took two wickets for 14 runs. In reply,

FRM scored 84 runs with the loss of 3 wickets in which Mr. Vinay Rana scored 21 runs, Mr. Surendra Bhanwariya scored 40 runs and remained not out and Mr. Shailendra Agrawal scored 12 runs. Thus, Formulations A were the Champions of this tournament.

Mr. D. K. Singhai, GM – Formulations, was the Chief Guest for the finals and he gave away cash prizes of Rs. 300 each to the Man of the Match, Mr. Vinay Rana and Best Bowler, Mr. Jitendra Dubey and Rs. 500 to the

Best Batsman, Mr. Surendra Bhanwariya. The matches were played in a healthy spirit and all the players enjoyed the exciting moments.

We express our gratitude to all the committee members who had put in a lot of efforts in making this tournament a success, and also those who, directly or indirectly, were involved for various arrangements.

Cricket is obviously a game of fun and revelry. Bringing our readers highlights of the Interdepartmental Cricket tournament...

Mr. Dinesh Siyal in his address

to the participating teams, urged the players to exhibit sportsman spirit and play all the matches with

keen competition.

IpcaContact

jleueece

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18

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jeskeÀ ueieeveer ®eeefn³es

IpcaContact 19

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keÀceueeEmeie ®eewneve (DeO³e#e, SìkeÀ)

³en keÀe³e&¬eÀce efmeHe&À keÀe³e&mLeue Hej ner veneR Hejd J³eeqkeÌleiele peerJeve ceW Yeer ueeYeoe³eer nesiee~ncesb vesle=lJe keÀer mener peevekeÀejer efceueer, Deepe kesÀ ÒeeflemHeOee&HetCe& yeepeej ceW efìkesÀ jnves kesÀ efueS ìerce Jeke&À yengle DeeJeM³ekeÀ nw~ Ssmes keÀe³e&¬eÀce mece³e mece³e Hej nesles jnves ®eeefnS, efpememes meYeer keÀes Tpee& efceueleer jnW~

yeves eEmen ÒeOeeve ceb$eer efMeJemesvee)

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Fvoewj

efoveebkeÀ 6 cee®e& 08 keÀes ceneefMeJejeef$e HeJe& kesÀ efove FHkeÀe - Fvoewj ceW He´efleJe<ee&vegmeej keÀejKeevee Heefjmej ceW mLeeefHele efMeJe cebefoj ceW Hetpeve keÀe³e&ke´Àce mebHeVe ngDee~ keÀejKeevee He´yebOekeÀ, Þeer. Jner. kesÀ. HejebpeHes ves keÀejKeevee kesÀ meYeer keÀce&®eeefj³eeW SJeb ÞeefcekeÀeW kesÀ meeLe Meeefceue neskeÀj YeieJeeve efMeJepeer keÀe DeefYe<eskeÀ efkeÀ³ee SJeb Þeer. DeeueeskeÀ oJes peer ves meHeeflvekeÀ Hetpeve Hej yewþkeÀj YeieJeeve efMeJepeer keÀer DeejeOevee keÀer~

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ceneefMeJejeef$e Hetpeve keÀe³e&ke´Àce mecHeVe

oes efove ®eues ceneefMeJejeef$e keÀe³e&ke´Àce ceW keÀejKeevee He´yebOekeÀ Þeer. Jner. kesÀ. HejebpeHes Üeje ieefþle ceneefMeJejeef$e keÀcesìer kesÀ meYeer meom³e ÞeefcekeÀ He´efleefveefOe³eeW Þeer. censvê efmebn peeoewve, keÀceue pee³emeJeeue, jepet þekegÀj, megYee<e pee³emeJeeue, megveerue meesveeJeves, DeMeeskeÀ jeþewj, jepet Heuew³ee, He´es[keÌMeve efJeYeeie mes Þeer. ceveespe meesvemeues, meer. Sme. meesveer, ceveer<e peesMeer, He´MeemeefvekeÀ efJeYeeie mes Þeer. DeeueeskeÀ oJes, Deej. ef[keÀesvee, Oecexvê iees³eue, jengue cesnlee, GHesvê cesnlee, efMejer<e veeiej, kewÀueeMe Keg[erJeeue SJeb meleerMe GHeeO³ee³e, meYeer kesÀ men³eesie mes keÀe³e&ke´Àce meHeÀueleeHetJe&keÀ mecHeVe ngDee~

DeeMeer<e De$es

A Total Quality Management and cGMP – Train the Trainers program was held at Hotel Balwas, Indore from February 13 to 16, 2008. Fifteen participants from Indore, Mumbai, Ratlam, Mahad, Aurangabad and Dehradun benefitted from the training,

facilitated by Mr. Mohd. Ismail and Mr. D. P. Anjane. All have committed that they will conduct the above training program as and when required.

cGMP Program

Sitting (L-R): Ms. Mansi Shrivasta, Mr. V. K. Paranjape, Mr. Mohd.

Ismail, Mr. C. S. Hillal and Ms. Peggy Muzello

Standing (L-R): Mr. Sanjay Nandavadekar, Mr. Nitin Rathod, Mr. Harish Kumar, Mr. Aashish

Atre, Mr. Yogendra Dubey, Mr. R. C. Sharma, Mr. S. A.

Shewale, Mr. Naresh Bhatewara, Mr. Alok Mishra, Mr. A. Y. Sayyeed, Mr. S. B. Amle, and Mr. Anil Shah

20

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ATHAL

Congratulations

Suresh F. Yadav(98.35%) (Packing)

Dharmendra Prasad Ram (97.12%)(Packing)

Sunil Kumar(96.99%)(Packing)

Omprakash Yadav(95.48%)

Tablet

Ganesh Lal Chaudhary(94.52%)(Packing)

It’s an outstanding achievement for any employee to have the highest attendance in a working year. We bring to you five employees of Athal Plant who have had the maximum

percentage of attendance during 2007.

keÀevegveer efMe#eCe efMeefJejDeHeves FHkeÀe DeLeue Hueevì kesÀ meeceves ÒeeLeefcekeÀ efJeÐeeue³e kesÀ ÒeebieCe ceW efoveebkeÀ 12 peveJejer 08 keÀes FHkeÀe DeLeue SJeb efJeefOe ceneefJeÐeeue³e, yeuemee[ kesÀ meb³egkeÌle

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GHeefmLele jns~ Fme DeJemej Hej nceejer kebÀHeveer kesÀ keÀF& ÞeefcekeÀ SJeb keÀce&®eejer YeeF&-yebOegDees ves ye{ ®e{ keÀj efnmmee efue³ee~ Fme efMeefJej kesÀ meHeÀueleeHetJe&keÀ meb®eeueve ceW

Þeer. ceveespe Hejceej keÀe Dence ³eesieoeve jne leLee ÒeyebOeve kesÀ Òe³eeme mes ³eneb kesÀ mLee³eer efveJeemeer³eeW ves Yeer Fmeces efnmmee ueskeÀj keÀevetve keÀer peevekeÀejer ÒeeHle keÀer~

[er. Heer. eEmen

Congratulations

21

IpcaContact22

SILVASSA

January 14 is celebrated in most parts of India as Makar Sankranti.

Ipcaites at Piparia also decided to celebrate the festival of Kites on the terrace of their factory.

All employees gathered on the terrace to have fun and frolic. The traditional Til Laddus were distributed among the employees. In a

short span of time, the place was echoing with the sound of ‘Wo kata’, ‘Thoda dhil do’, ‘Mera kat gaya’, ‘Use kato’ and so on.

Mr. V. S. S. Kushwaha and all HODs enjoyed this festival with

Kite Festival Celebrated

Today English has become the international language for communication. We cannot communicate with foreigners in

the local language.

Hence, we have started a well designed one-month ‘Spoken English’ crash course for those employees who know English but hesitate to speak. Mr. Chandrakant Srivastav, a well-known English

The Magic of the English Language

teacher and motivator is conducting this course.

The first batch of Spoken English commenced on February 19 and concluded on March 13, 2008. The batch comprised 20 employees. The technique adopted towards learning English by Mr. Srivastav was very impressive and mind blowing. This course not only enabled the participants to speak the language but also improved their personality and confidence, which are the soul of public communication.

Mr. V. S. S. Kushwaha (Sr. GM – Operations) met the participants and was impressed with their progress. He suggested conducting more batches and also increasing the duration.

We hope that this Spoken English crash course shall be beneficial for both the organization as well as individuals, which is our prime motto.

Mr. Chandrakant Srivastav, English Teacher, along with participants during the ‘Spoken English’ class in the

Training Hall, Piparia

Stores, QA and HR team enjoying the Kite festival

Sankranti is a festival to be celebrated with great fun and zest. Find out howIpcaites enjoyed this event in their own way...

The revelry made the terrace resemble a small

mohalla of an Indian town/city

great enthusiasm. The revelry made the terrace resemble a small mohalla of an Indian city. This scene was emotionally touching and reminded us of our yesteryears spent with our families and friends.

The Importance of learning English has been emphasized through this article...

This course not only enabled

the participants to speak the

language but also improved

their personality and confidence, which are the soul of public

communication

IpcaContact 23

KANDLA

We found a lot of incidents of fire and accidents taking place in many units at Kandla SEZ (K.S.E.Z). We thought it as

a Corporate Social Responsibility to conduct a seminar on Occupation Safety and Health (OH&S) for 121 units of K.S.E.Z. For this we contacted the Directorate General, Factory Advice

Service and Labor Institutes (D. G. FASLI) Government of India, and Ministry of Labor. With continuous follow up, they agreed to conduct a seminar on OH&S on January 18 and 19, ‘08 for all the

units’ representatives and a half-day seminar on January 21, 2008 for Need for Improvement in OH&S status for senior persons of K.S.E.Z. units.

Training for two days was conducted by Mr. G. M. E. K. Raj

Occupation Safety and Health (OH & S) Seminar

– Director (Safety), Dr. H. Vishwanathan – Director (Safety), Mr. B. N. Jha – Deputy Director (Safety) and Dr. S. Senthil Nathan – P. M. O. of K. P. T.

The half-day seminar on January 21, was chaired by Smt. Sudha Pillai – IAS Secretary Ministry of Labor and Employment, Mr. Ravi Saxena – IAS (D. C. Kandla) K.S.E.Z., Mr. Janardhana Rao – Chairman, K.P.T, Mr. S. K. Saxena – Director General FASLI, Mr. K. Raj – Director (Safety)

and Mr. Srinivasan – Sr. G. M. IFFCO. shared the dais.

From our factory, Mr. S. C. Sharma (Security Officer) and Mr. V. K. Tripathi (Executive Engineer) attended the training and they were given the certificate.

T. S. Menon

Presenting our readers some insights on the OH &S Seminar conducted at Kandla…

We thought it as a Corporate Social Responsibility to

conduct a seminar on OH & S for 121 units of K.S.E.Z.

On a New JourneyBringing our readers details about the TQM journey which commenced at our Pithampur Plant…

The latest addition to the Ipca family – Our Manufacturing Plant at Pithampur started the TQM journey with a

two-day workshop on February 28 and 29, '08.Our mentor, Mr. Mohd. Ismail, conducted the program in the most simplified manner so as to make the beginners who have recently joined our plant understand the importance of TQM. The first batch of trainees consisted of fresh recruits, both operators and supervisors. It is considered that new workforce are like blank slates on which any matter can be written as per our requirement, i.e., they can be molded to suit the company’s working to meet the Highest Regulatory Standards.During the inauguration, all Heads of Departments encouraged the participants and spoke briefly about the salient features of TQM. The participants found the learning

process very interesting and effective under the able guidance of our facilitator Mr. D. P. Anjane. The recent box office hit, Chak De India was screened for the participants to understand team spirit, motivation, leadership and other such values.‘Our life is all about the values we imbibe and possess. Without values, life becomes

meaningless’ was understood by one and all. Later, the participants played games with gusto, and prizes were distributed to the winning teams.

Jyoti Jain

The recent box office hit, Chak De India was screened for the participants to understand team spirit, motivation,

leadership and other such values

IpcaContact

A drawing competition was organized for the kids of Ipca and Paschim families. It was held at our Aurangabad Office on February 24, 2008. A total of 75 kids participated in this event.

The competition was divided in three categories:

Category AAge: 5 to 8 years Subject: Birds, Animals, Cartoons, Fruits, Vegetables, Nature

Category BAge: 9 to 11 years Subject: Historical places of Aurangabad, Goddess, Scenery

Category CAge: 12 to 14 years Subject: Free sketch drawing, Portrait, Environmental

drawing, Any own imaginative drawing

Category A WinnersAwards Ist Bhakti, daughter of Prashant JoshiIInd Anuj, son of R. S. JadhavIIIrd Ranvir, son of Hukum Chand Rajpoot

Category B WinnersAwards Ist Shridha, daughter of Prashant JoshiIInd Yash, son of Kamlesh JainIIIrd Shaikh Sohel, son of E. S. Shaikh

Category C WinnersAwards Ist Himani, daughter of U. K. BodadeIInd Sumit, son of Prakash NalwadeIIIrd Ajay, son of L. B. Bhagat

Kids below 1st class, i.e., Play group/Lower and Upper KG were also given prizes in the 1st, 2nd and 3rd rank

category.

Kamlesh Jain

24

TQM Award Distribution

The 7th TQM Award distribution function was organized on January 22,‘08 at Paschim Chemicals Pvt. Ltd, Aurangabad. It

was a remarkable day in the history of Paschim as our TQM guru, Mr. Mohd. Ismail, gave away the awards. Some of our employees whole-heartedly expressed their views.Mr. S. V. Gavande said that TQM awareness has increased active participation by the down-the-line employees. They are taking the lead in taking up Quality projects for improvement. All the employees are now contributing their skill and knowledge through

TQM.Mr. G. S. Ghorpade was of the view that change in the working style can be seen in the employees by motivating and involving them in TQM and also employees’ vision towards TQM is now expanding due to various awareness and training programs. Employees are developing the skill for best leader in TQM project and are assured for the good quality project in cost saving. Mr. Doifode recounted the journey of TQM and its importance in future for survival of the Company. To date, 669 projects were completed in 2007. In addition, in 2008, TQM employees of the month were awarded.Mr. Mohd. Ismail expressed his views and acknowledged the contribution of employees in this journey.At the end, Paschim TQM coordinator, Mr. A. Y. Sayyeed, concluded with a vote of thanks to all TQM employees, council members and especially to Mr. Shewale for taking efforts for a good arrangement. He also thanked Mr. Kuber for an effective presentation and documentation on 5S Audit and follow-up.

L – R: Mr. U. K. Bodade, Mr. V. B. Mailapure, Mr. M. N. Shaikh, Mr. P. K. Vyas, Mr. Mohd. Ismail,

Mr. R. W. Doifode and Mr. S. V. Gavande

Here’s a glance at the TQM Award function considered to be a remarkable day in the history…

Employees are developing the skill for best leader in TQM project and

are assured for the good quality project

in cost saving

AURANGABADAn Interactive Event for Kids

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LIGHTER MOMENTS

Speak your mind. Start a college fund for your kids the day they are born. Don't buy anything hoping to impress someone. Treat all races equally and teach your kids to do the same. Apologize often. Help people in distress or pulled over with a flat tyre on the highway. Encourage education, not school. Teach your kids something about business. Clip and use coupons. Reduce TV time to 2 hours per week. Throw a punch when someone throws one first, never instigate a fist fight no matter what. Defend your friends. Treat each of your children equally. Don’t smoke or drink in front of your kids. Treat your girl/boy friend with respect. At some point, you will feel guilty – even 20 years later. Never betray a friend, they are hard to come by.

Basics of a Happy and Better Life…

As a child I hated milk. It made me feel sick. One Sunday morning, mummy told me, “You know Sonu, why your sister is fairer than you?” And I knew it. So the milk made my sister fairer. After that I never skipped milk (not that my color changed, but I certainly felt that I would have been a shade darker).Another incident of mummism was outrightly funny. Mother told us that if you do not separate seeds and eat the fruits, then one day the seeds will grow into mighty trees and of course branch out from all possible openings. She continued saying that she actually knew a girl who ate like this and today she adorns her family garden. Gosh! This was it. Till date I am very careful while eating fruits. No wonder grapes are my favorite!My brother had this habit of sticking his tongue to the refrigerator. My mother told him about the cute little boy she knew who exactly did this and had to sacrifice his tongue. Even today every single word the boy utters begins with Err…Again mother asked us girls to be careful with our hair. Her mummism said if you go out with wet hair you catch pneumonia. And if you don’t tie your hair then you may live the fate of this little girl she knew, who exactly did this, and one day her hair was a bowl of spaghetti!

MUMMISM

All children do masti and so did we. We especially enjoyed leaning on grand pa’s rocking chair. That time mother narrated one more mummism, “I know of a boy who exactly did this and fell on his head. Today he doesn’t remember his name!!” There are several more to narrate if only space was not the constraint. Mummisms, mostly weaved out of care and compassion, have an interesting and often funny side to them. Eventually they become a part of us and we start practicing them. Last week when my nephew was leaning too much on the rocking chair, I did say in the trademark tone, “Ishaan, I know of a boy who exactly did this…”

Sonia Hiray

(Concept adapted from a friend who coined the term mummism. All examples, except the rocking chair are the original creative work of

my mother)

Mummisms are the irrational notions that all mothers preach their children (probably out of love or to prove their superiority over their husbands). Whatever the case, mummisms are unavoidable at that stage in our lives.

My mother always had this dos and don’ts list for us siblings. She used to convince us about the things she wanted us to do by throwing these mummisms, which looked apparently rational but were born out of her creative brain. Only her imaginary creatures (a boy and girl she knew of) supported her mummisms. Why we believed her was the way in which they were told.

The tone and seriousness of voice evaporated all doubts. This article is to share with you some of my mummisms, which might take you back down the memory lane.

Take a 10 to 30 minute walk every day. And while you walk, smile. It is the ultimate anti-depressant. Sit in silence for at least 10 minutes each day. Buy a lock if you have to. When you wake up in the morning, complete the following statement, ‘My purpose is to __________ today.’ Live with the 3 Es: Energy, Enthusiasm, and Empathy. Play more games and read more books than you did in 2007. Make time to practice meditation, yoga, tai chi, and prayer. They provide us with daily fuel for our busy lives. Spend time with people over the age of 70 and under the age of 6. Dream more while you are awake. Eat more foods that grow on trees and plants and eat less food that is manufactured in plants. Eat breakfast like a king, lunch like a prince and dine like a poor man. Try to make at least three people smile each day.

IpcaContact

BraIn TwISTer # 39

John: Yes, at last. It was so hard to wait.Juli: Do you want to leave?John: No! Don’t even think about it.Juli: Do you love me?John: Of course! Over and Over!Juli: Have you ever cheated on me?John: No! Why are you even asking?Juli: Will you kiss me?John: Every chance I get.Juli: Will you hit me?John: ARE YOU CRAZY… I am not that kind of a person!Juli: Can I trust you?John: Yes!Juli: Darling…!After marriage…. Simply read again from the bottom to top.

Before Marriage…

Smile

LIGHTER MOMENTS

These are some beautiful

paintings created by Mr. Sanjay

Gawde (Costing

Department, Mumbai)

Creative Strokes

A man wanted to get into his work building, but he had forgotten his code. However, he did remember five clues. These are what those clues were:1. The fifth number plus the third number equals fourteen. 2. The fourth number is one more than the second number. 3. The first number is one less than twice the second number. 4. The second number plus the third number equals ten. 5. The sum of all five numbers is 30.What were the five numbers and in what order?

Rules: Contest restricted to employees of Ipca group of companies only. Last date for receiving entries is 30th May, ‘08. Please send your replies to Ms. Niveditha Rai, Mumbai in detail.

BraIn TwISTer # 38

Sajid MohammedSr. Depot Officer,

Distribution, Cuttack

Dipak RoySr. PA,

Guwahati

Kalyani ChavanIT, Mumbai

Dipesh Mehta, Jr. Officer,

Accounts, Kandla

B. L. GehlotOfficer, Production,

Ratlam

Neerja JoshiR&D Executive,

Indore

Love Kumar Salve,Jr. Officer Engg.,

Exon, Mahad

Vikas NahataSr. Officer, Purchase

Aurangabad

answer: 10990

Editorial and Design Consultants: Yen Communication

There is a bus with 7 girls with 7 bags....7 big cats....7 small cats....4 legs each! How many legs.....??

Reaching the end of a job interview, the human resources person asked a young engineer fresh out of MIT, “And what starting salary were you looking for?” The engineer said, “In the neighborhood of $125,000 a year, depending on the benefits package.” The interviewer said, “Well, what would you say to a package of 5-weeks' vacation, 14 paid holidays, full medical and dental, company matching retirement fund to 50% of salary, and a company car leased every 2 years – say, a red Corvette?”The engineer sat up straight and said, “Wow! Are you kidding?” And the interviewer replied, “Yeah, but you started it.”

For a better pictureDear readers, please do always send us hard copies of photographs so that we can reproduce better quality pictures. We appreciate your cooperation.