05 October, 2019 – 05 November, 2019

www.iica.nic.in

CORPORATE ODYSSEY NEWSLETTER

HIGHLIGHTS

Hon'ble President Ram Nath Kovind conferred the first National CSR Awards 29 October, 2019 Hon'ble President Ram Nath Kovind conferred the first National CSR Awards to the companies for their outstanding contribution in the area of CSR on 29th October, 2019. Smt Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs, Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs, Shri Injeti Srinivas, Secretary, Ministry of Corporate Affairs, Dr. Sameer Sharma, DG & CEO, IICA & other dignitaries were present on the occasion.

Expert Talk on Leadership by Mr. Ankur Warikoo 5 November, 2019 Expert Talk on Leadership by Mr. Ankur Warikoo, Founder & CEO, Nearbuy for GIP Batch 2019-21 on 5 November, 2019.

Ms. Richa Roy, Partner at Cyril Amarchand & Mangaldas Panel Discussion on “Prepacks Paradigm in India” 4 November, 2019 Graduate Insolvency Programme (GIP) in collaboration with Insolvency Research Foundation (IRF) organised a Panel Discussion on “Prepacks Paradigm in India”. The panellist includes Mr. Dinkar Venkatsubramanium, Head- Restructuring and Turnaround, Ernst & Young, Mr. Ashwini Bishnoi, Partner, Khaitan & Co., Mr. Suharsh Sinha, Partner at AZB & Partner, Mr. Pulkit Deora , Advocate, Restructuring and Insolvency Litigation, Ms. Aparna Ravi, Partner at Samvad Partners.

Expert Talk by Ms. Shamika Ravi 1 November, 2019 Expert Talk by Ms. Shamika Ravi, Member, PM's Economic Advisory Council, India; Research Director @BrookingsIndia, The Brookings Institution for GIP Batch 2019-21 on 1 November,2019.

Roundtable Conference on “ Fresh Start Process: Key issues and challenges” 25 October, 2019 Graduate Insolvency Programme (GIP) in collaboration with Insolvency Research Foundation (IRF) conducted a Roundtable conference on 25th October 2019. The panellist includes Ms. Mukulita Vijaywargiya, Whole time member IBBI, Shri P.K. Malhotra, Former Law Secretary, Dr. H.S. Shylendra. Professor IRMA, Dr. Renuka Sane, Associate Professor, NIPFP, Shri Soham Shukla, COO, Fincare Small Finance Bank, Ms. Shreya Prakash, Coordiantor, Vidhi. Visit at PNB headquarters 23 October, 2019 Students of Graduate Insolvency Programme batch 2019-21 visited PNB Headquarters on 23 October, 2019 for the special interaction with Chairman, Punjab National Bank and General Manager, Punjab National Bank on how the implementation of “Sashakt” is done and understanding the restructuring process of stressed assets.

Expert Lecture on "Sashakt" by Shri Sunil Mehta, Chairman Punjab National Bank, Chairman & MD , SPM Capital Advisers Pvt. Ltd. for the GIP batch 2019-21 at PNB

Expert session on Restructuring of Stressed Assets by Shri Vinod Joshi, General Manager, Punjab National Bank for GIP Batch 2019-21 at PNB Headquarters, Delhi New Arrivals at KRC

The Anarchy: The East India Company,

Corporate Violence, and the Pillage of an Empire by William Dalrymple.

The Grand Food Bargain: and the Mindless

Drive for More by Kevin Walker

Social Value Investing – A Management

Framework for Effective Partnerships by Howard W. Buffett.

From Higher Aims to Hired Hands – The Social Transformation of American Business Schools and the Unfulfilled Promise of Management as

a Profession by Rakesh Khurana.

TEACHING & COURSES ICP – CSR Batch V – Series of “Practicum Sessions” delivered by domain experts for ICP in CSR course

The 5th batch of 9 – months online certificate Program ICP in CSR is being conducted by National Foundation for Corporate Social Responsibility. The course is designed to enable the learner to redefine Corporate Social Responsibility as the integral part of the value creation purpose of the organization. The ICP in CSR course touches upon the theoretical and practical aspects of CSR project implementation and is delivered through virtual classroom interactions through Blackboard (LMS). In order to give the participants the industry perspective/practical understanding of the subject matter, an innovative methodology of “Practicum” has been adopted by IICA, wherein eminent domain experts from the Industry, Practitioners and Academicians to share their experiences, opinions and understanding of the domain, are invited. Launched of 4th batch of 6-months Advanced Professional Course (APC)

School of Competition Law and Market Regulation (SoCL&MR) has Launched its 4th batch of 6-months Advanced Professional Course (APC) in Competition Law & Market Regulation (online). The course has been specially tailored by SoCL&MR, for professionals and aspiring professionals in the area of competition law and market regulation. The course is uniquely designed and developed by SoCL&MR as a shorter, flexible and focused option to meet specific professional needs of professionals and students that has now emerged as a gold standard in the area of competition law, economics & market regulation. The APC is set to commence on the 2nd of December, 2019.

CAPACITY BUILDING & TRAINING (CBT)

IICA-IFC Master class for Women on Boards & in business Leadership with support from NFCG 4-5 November, 2019 The Indian Institute of Corporate Affairs (IICA) in association with Internationals Finance Corporation (IFC), a World Bank Group with support from Nation Foundation for Corporate Governance (NFCG) concluded a two day workshop on “IICA-IFC master class for Women on Boards & in business Leadership” in Mumbai on 4-5 November 2019. Program was organized by School of Corporate Governance & Public Policy, Indian Institute of Corporate Affairs at Mumbai witnessed engaged participation of 18 Women, working on Boards and in leadership roles in their organisations.

IICA-MCA Training Program on “Corporate Intelligence” for the Officers of MCA and its attached offices. 30th October – 1st November 2019 The Indian Institute of Corporate Affairs (IICA) in association with the Ministry of Corporate Affairs (MCA) concluded a three-day training programme for the Officers of MCA and its attached offices on 30th October – 1st November 2019 in IIM, Calcutta. The programme organized by the IICA through its Centre for MSME / IP&CC witnessed engaged participation from 20 Govt. Officers (Chief Controller of Accounts, Registrar of Companies, Addl. Director, Joint Director, Officer Liquidator, Assistant Directors to Deputy Directors, Assistant Managers to Deputy Managers) representing major Organizations / Offices under Ministry of Corporate Affairs. This capacity building initiative was organized with the objective of helping participants to understand Corporate Intelligence context, analyze corporate information for an effective decision making and apply the corporate intelligence in a practical corporate context.

Residential refresher course for officers of Insolvency and Bankruptcy Board of India 15-19 October, 2019 The School of Corporate Law, IICA has successfully conducted a five day residential refresher course for officers of Insolvency and Bankruptcy Board of India at Indian Institute of Corporate Affairs during 15th – 19th October, 2019. A total of 35 officers from ED, CGM, GM, DGM and AMs

level have participated in the program. The course has covered the emerging areas on IBC including Individual Insolvency, Inspection and Investigation, Interface of IBC with Companies Act, SEBI Act, MSME, SARFAESI Act and Competition Act, Regulatory Impact Assessment, Use of Mediation in Dispute Resolution: Experiences and Policy considerations, Use of Online Dispute Resolution (ODR): Issues and Challenges, Group Insolvency and the Organizational Behaviour and Human Resources Management covering topics such as (i) job satisfaction, (ii) maintaining work life balance, (iii) redressal of conflicts in workplace, (iii) attitude/approach of an officer, etc

IICA-NFCG-SIDBI-UPMA Two Days workshop for Independent Directors and Company Secretary 10-11 October, 2019 Indian Institute of Corporate Affairs (IICA) with NFCG, SIDBI & UPMA concluded Two Days workshop for Independent Directors and Company Secretary’s in Hotel the Ashok, New Delhi on 10-11 October 2019. Uttar Pradesh Microfinance Association (UPMA) in association with SIDBI under Poorest States Inclusive Growth Programme (PSIG), supported by U.K Government, approached Indian Institute of Corporate Affairs for designing and delivering the Two Days program for independent Directors and Company Secretary’s. IICA designed and delivered the capacity building initiative by keeping in view the role and responsibilities of IDs & CS and equipped them with actionable best practices and guidance to make impact in Boardrooms.

RESEARCH & PRACTICE Assessment of Stree Nidhi Lending on Tribal Populations In November 2019, the National Scheduled Tribes Finance and Development Corporation (NSTFDC) retained IICA to assess the impact of loans made to self-help groups (SHGs) by state channelizing agency (SCA) Stree Nidhi. IICA will assess the flow of NSTFDC funding via Stree Nidhi to tribal SHG members in four inter-tribal development areas (IDTAs) in Telangana. The study findings will help inform the depth of future loan subsidy extended to Stree Nidhi by NSTFDC. Stree Nidhi is a cooperative federation that connects SHGs to credit for the establishment of micro-enterprises and consumption. The organization is “community owned,” allocating a percentage of lending profits to slum-level federations and other SHG-supporting horizontals. The organization is capitalized through a variety of sources, including subsidized NSTFDC loans. The study will investigate the flow of Stree Nidhi credit to tribal SHG members, the interest rate and profit distribution pattern among layers of SHG federations, the organization’s targeting of tribal populations, and the impact of the scheme on the financial status. The study will cover 72 mandals in the ITDAs of Bhadrachalam, Eturunagaram, Utnoor and Mannar in the districts of Khammam, Warangal, Adilabad and Mehboobnagar. A research plan and survey instruments have been developed. Field work is expected in November, with report delivery scheduled for January 2020. HPMP Impact Assessment Project It is estimated that presently, there are around 200,000 refrigeration and air-conditioning (RAC) service technicians in the country, a large number of who are in the informal sector. Training of these technicians is an ongoing activity under the HCFC Phase-out Management Plan (HPMP). The Ministry of Environment Forest and Climate Change (MoEFCC) and Ministry of Skill Development and Entrepreneurship (MSDE) have agreed to jointly undertake up skilling and certification of 100,000 RAC service technicians on good servicing practices and knowledge of alternative refrigerants to ozone-depleting chemicals. The project is funded under the Skill India Mission - Pradhan Mantri Kaushal VikasYojana (PMKVY). NFCSR team has visited skill development training centers in Kerala, Telangana, Tamil Nadu, Madhya Pradesh, Haryana,

Gujarat, Punjab, Delhi and Maharashtra to assess the impact of CSR initiatives of HCFC Phase out Management Plan (HPMP) project, in order to derive a holistic view from the targeted beneficiaries of the various CSR projects that have been implemented and to see how these initiatives of the company have helped the youth in improving their socio-economic standards. GAIL : Approach Papers GAIL India, a Government of India undertaking and the largest state-owned natural gas processing and distribution company in India consigned NFCSR to conceptualize approach papers on CSR. NFCSR contributed widely recognizing the fact that approach papers are the base to further policy formulations of the company. The research wing of NFCSR wrote the papers and adjunct faculty of IICA has been consulted for reviewing the same. All the parameters affecting CSR ecosystem were kept in mind while conceptualizing the papers. The papers have been drafted on the following topics; An Approach paper on CSR branding of GAIL, An Approach paper on adoption of villages in work centers, surrounding/catchment areas of GAIL and An Approach paper on empanelment of implementing agencies at corporate level. The papers have been designed keeping in mind an increased commitment at all levels in the organization, to operate its business in an economically, socially & environmentally sustainable manner, while recognizing the interests of all its stakeholders. Through the approach papers GAIL, through its CSR initiatives, will continue to enhance value creation in the society and in the community in which it operates, through its services, conduct & initiatives, so as to promote sustained growth for the society and community, in fulfilment its role as a Socially Responsible Corporate, with environmental concern.

FORTHCOMING PROGRAMMES

Centre for MSME

Training Programme on “Procurement (Procedures based on General Financial Rules (GFR), Tenders, Bids) and Contract Management : Challenges in Implementation”

10-13 December, 2019 I JNPT, Uran, Maharashtra

IICA – GiZ three day National Training Program of BMO Managers on Strengthening Innovation Ecosystem

17-19 December, 2019 I IICA Campus

Centre for Business & Human Rights

National Workshop on Responsible Business Conduct

28 November - 18 December 2019

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