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Thomson Press,Ravinder

Apr 08, 2015

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SUMMER TRAINING REPORT onCASH FLOW IN THOMSON PRESS INDIASUBMITTED IN PARTIAL FULFILLMENT OF REQUIREMENT OF AWARD OF DEGREE BACHELOR OF BUSINESS ADMINISTRATION (B.B.A)

SESSION: 2010-2011

Submitted To: Co-guidance Controller of Examination MS. SURBHI MANGLA M.D.University, Rohtak

Submitted by: RAVINDER BBA 5th semester Roll no.

DAV CENTENARY COLLEGE NH-3 ,FARIDABAD

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PREFACE

There are no lifts or escalators in the world of success. There are only stairs leading from one level to the next. There is no shortcut to success neither can success come solely through luck or good fortune. To pluck more than luck is essential for success, since fortune favors the brave and not the fickle minded. in the nutshell, there is only one way to achieve success and that is hard work performed as per a wall conceived and imaginative plan. If knowledge is power, then knowledge applied is power realized. BACHLOR OF BUSINESS ADMINISTRATION (BBA) is a professional course, which provides the students with the intelligence, and power they need to conquer the business world of this era. As a part of the curriculum, the students are required to undergo a practical training in a reputed business organization for a stipulated period of 8 weeks. This training gives a first hand knowledge and experience to the student and helps them to know about the real business world. It serves as a direct exposure to an organization and its ways of functioning. I have been fortunate regarding my summer training because I got an opportunity to work with one of the biggest organization of this country, which is allied with TRACTEBEL ENGINEERS AND CONSTRUCTORS Pvt. Ltd during the shot span of two months; I have learnt a large number of things about the business world-the sweet & bitter truth.

(RAVINDER)

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ACKNOWLEDGEMENTThe organization project of such nature for this successful completion needs cooperation and support of people. I have been fortunate to get constant guidance & encouragement from many, which helped me a lot to be successful in any efforts. This formal acknowledgement will hardly be sufficient to express one deep sense or gratitude to all of them. At the outset, I would like to thank Mr. Nitin.V.Mandge (Training & Placement Officer) and other members of the placement cell for giving me an opportunity to successfully complete my summer internship in their esteemed organization.

A project report has never been the sale product of the person whose name appears on the cover. There are always some people whose guidance proves to be of immense help in giving its final shape. Therefore, it is my first duty to express my gratitude towards all of them.

(RAVINDER)

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CHAPTER # 1 Company profile

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Thomson press (India) limited

Thomson Press (India) Ltd. is the largest and the most diversified printing house in South Asia having a turnover of more than 200 crores with multi locational units.

It has been in operation for over 40 years and is part of the India Today GROUP.

A major multimedia company having interests in printing, publishing Group, internet, television and radio.

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Customer Service is taken care of by its wide network of sales offices in Delhi, Mumbai, Kolkatta, Bangalore and overseas in New York, London, and Melbourne.

Thomson press is a member of two prestigious World Bodies GATF and PIRA. Revenue for the year 2006-2007 was us $60 million on an asset base of us $ 34 million. Thomson press (I) limited, an ISO 9002 company was incorporated in 1967 with

technical & financial collaboration of Thomson International Corporation of Canada, as a public limited concern with 51% equity. The parent plant located at Faridabad was inaugurated on 9th march 1967, by Dr. Zakir Hussein which is celebrated as company annual day. Today it is recognized as Indias most well equipped and comprehensive printing plant, employing a work force of over 1700 people. It possesses a unique infrastructure among printing establishment in the country providing under one roof, turnkey services for a range of printed work.

Thomson Press (I) ltd. is one of the largest commercial printing house in South East Asia . Thomson press has worked to exemplary high standard of printing technology with the use of latest state of -art technology and an excellent pool of talent, trained and highly skilled work force led by dynamic managers and management

staff. Thomson press management has thereafter kept pace with Japan, U.K., France, USA, Canada, Italy, Israel etc., by close globalization with other printing companies & equipment manufactures on a regular basis. The companys registered office is at k9 block, Connaught Circus, New Delhi and the main unit is at Faridabad. 6

It facilities range from design arrangements, high speed filmsetting, electronic scanning and pre press proofing to sophisticated multicolor offset printing and the latest binding and finishing product for print product.

The company is commercial printer and supplier of

magazines like India Today,

Business Today, Computers Today, and Readers Digest. It also produces large number of multicolor posters, brochures, folders annual report, and company manuals apart from day to day activities. Thomson press is also engaged in printing Cheques, security bonds, and airline tickets. The company has received national and international recognition for delivering printed material by stringent measures of on-line quality control on purchasing, vendor evaluation and process controlled production facilities with an eye for quality where the service is customer driven. A constant keeping pace with technological advancements in every field of the trade has been the Thomsons policy since its inception. The last few years in particular have been years of high technology acquisition for the press.

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QUALITY THROUGH PEOPLE AND TECHNOLOGY

COMPANY VISION

COMPANY MISSION To recognize the customer's right to Quality, Services, Timely Delivery and Cost. To ensure maximum satisfaction to the clients. To continue to maintain ethical practices, legal, social, personal conscience framework. To encourage individual growth to fullest potential. To maintain high degree of efficiency and attain international standards. Quality through people and technology.

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objectives of the company Aim of Profit Maximization with customer satisfaction. To satisfy the demands of growing organization, employees and the clients. To ensure maximum satisfaction to the clients. To maintain integrity & fair play. To function as a model unit, follow all the laws applicable, report profits and pay all the levied taxes. To maintain an open information system & understanding within the company and outside.

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THEIR TEAMAroon Purie Managing DirectorAn alumnus of the London School of Economics and a of the Institute of Chartered Accountants (England & Wales), Aroon Purie is responsible for the strategic direction of company. As founding Editor & Editor-in-Chief, India Today, Chief Executive, the India Today Group and Chairman, TV Today Network ltd., he sets the journalistic style for the largest and most respected magazine publishing group in India and for the premier 24-hour news and current affairs hindi news channel, Aaj Tak. He is associated with several prestigious councils, amongst them, as member, council of management, audit bureau of circulations (Chairman, 2000-2001). He is on the executive committee of the editors' guild of India, council of management All India Management Association (special invitee). He was also chairman, CII National Committee on Media (2001-2002). Recipient of the national award, the Padma Bhushan in March 2001, he has received numerous other honors. these include, the B.D. Goenka award for excellence in journalism (1988), 'Journalist of the year 1990' by Indian Federation of Small and Medium Newspapers, the G.K. Reddy Memorial Award for outstanding contribution to journalism (1993-94), and the Hall of Fame Award from the Advertising Club of Calcutta (2002). the fellow

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Vinod Kumar-Executtorive DirecFinance offers a wealth of guidance to all team members. He has been instrumental in the company achieving a reputation in the market as a quality printing and high-end typesetting service provider. A Chartered Accountant by qualification, he is an associated member of the Institute of Chartered Accountants, India and also holds a masters degree in business management from Bombay University.

Anil Mehra-Chief Financial OfficerAnil Kumar Mehra is a fellow member of the Institute Chartered Accountants of England & Wales and also Institute of Chartered Accountants of India. He has working with the company and the group for more years and has considerable expertise in the printing multimedia industry. His expertise ranges from advising companies on Financial Management and rendering service in other areas of managementincluding business consultancy, corporate planning and tax planning. He also holds the dual responsibility of Finance Director of the India Today Group as well as Financial Advisor appraising all new planned investments. of of been than 30 and the

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C J Jassawala - Chief Operating Officer

C J Jassawala joined Thomson Press, Print Business as Chief Operating Officer in December 2006. He did his post graduation in Human Resource Management from XLRI, Jamshedpur and was selected to join the Tata Administrative Services. There after, he worked for 23 years with Voltas (A Tata Group Company) culminating in his last assignment there as Vice President - Operations and Business Head. He carries a wide experience in leadership, team building, turnaround m

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