PRESENTATION

NAME OF STUDENT : DIPTI VIKAS MHATRE

ADMISSION NO : HPGD/JL20G2/3209
 NEWSWIRE
 ACCOUNTING INTERVIEW QUESTIONS AND ANSWERS
 INCOME TAX PORTAL: REDEFINING TAX COMPLIANCE AND ASSESSMENT
 WHAT DOES THE FUTURE HOLD FOR ACCOUNTING?
 ACCOUNTING METHOD – DEFINITION, TYPES
 BALLOON PAYMENT – OVERVIEW
 ACCRUAL ACCOUNTING
 EQUITY INVESTING: FIVE STEPS TO EVALUATE WHICH STOCK TO BET ON
 WHAT IS UPI AND HOW DOES IT WORK?
 BUY NOW PAY LATER : WHAT IT IS AND HOW TO MAXIMISE ITS BENEFITS
 EMBEDDED FINANCE THAT WILL TRANSFORM THE NEAR FUTURE
ACCOUNTING INTERVIEW QUESTIONS AND ANSWERS

 This are the types of questions which can be ask by interviewer or employer
for recruiting someone on position associated with accounting industry.
Questions as below….
1. What do you understand by the terms Accounts Receivable and Accounts
Payable?
Ans : Account receivable are those money which we have to collect from our
customer against the goods sold to them. In the same way, account payable is
the amount which we need to pay to our vendors against the goods purchase by
us.
2. Give an overview of the three financial statements.
Ans : Three financial statements include a balance sheet, income statement, and
cash flow statement. The balance sheet of a company shows the company’s
assets, liabilities, and shareholders’ equity. On the other side, the income
statement shows the company’s revenues and expenses. When it comes to the
cash flow statement, it shows the cash flows from the operating, investing, and
financing activities.
3. Which financial statement can give review on overall health of a company?
Ans : Cash flow statement provides accurate picture of company’s financial
health. However, all three financial statements are necessary to conclude the
company’s health accurately.
4. What are the different branches of accounting?
Ans : Financial , Management , cost
5. What is tally accounting?
Ans : Tally is software which is used by small businesses to manage their routine
accounting transactions.
6. Can you explain the basic accounting equation ?
Ans : Assets = Liabilities + Owners Equity.
7. What is the difference between accounts payable and accounts receivable ?
Ans : Accounts payable is a liability because here company owes and Account
receivable is a asset because here company need to collect.
INCOME TAX PORTAL: REDEFINING TAX COMPLIANCE AND ASSESSMENT

 The new income tax portal was launched on June 7, 2021. Intension was to
provide more convenient and modern experience to taxpayers on the portal.
 Income tax portal helps users for e-filing of income tax return, tracking the
notices served by departments, providing appropriate responses to notices,
checking refund status etc.
 It aimed at introducing modernization in the taxpayer’s experience and to
make it more interactive.
 When the old income tax portal was migrating to new portal , a blackout
period was announced from June 1 ,2021 to June 6 , 2021.
 The new e-filing portal 2.0 has also many new features include, immediate
processing of income tax return, introduction of new dashboard, free and
interactive income tax return preparation software, setting up of new call
center, new mobile application, new online tax payment system, etc.
 The new Income Tax portal has been facing certain technical glitches in the
functioning due to it being in its initial phase
 Some of the issues faced by the stakeholders include:
 filing season for the income tax returns for Financial Year 2020-21 is soon so
considerably the speed of the new e-filing portal 2.0 is slow.
 New portal only allows to file ITR 1, 2, 3 & 4 only whereas ITR 5, 6 & 7 cannot
be filled.
 Assessees are required to Re-register their Digital Signatures on the new
portal. Also, many assesses could not find an option to register their Digital
Signatures on the portal.
 The option of “Forget Password” is not enabled. So if an assessee enters
incorrect password multiple times, his/her account gets blocked.
 Assessees are facing difficulties in uploading their submissions against tax
notices online.
WHAT DOES THE FUTURE HOLD FOR ACCOUNTING?

 World of business is constantly changing and it can be difficult to keep up.

Best decision possible is understanding the future of accounting and
accordingly make some changes.
 Accounting always helps you to manage your money and so it will help you to
move forward with time.
Software :
 All business all over the world uses the accounting software.
 Accounting software helps to organise your books a much more efficiently
and keep your figures more accurate.
 It is easy to use and handle.
 Many small business don’t even need to hire any accounting agencies to
handle theirs accounts.
 Internet is one of the big reason for changing accountancy, it is not just
software which changes the accountancy.
 The major difference between traditional accounting software and online
versions is that cloud accounting is usually paid on a subscription basis and
benefit is it will give regular updates to keep their systems running efficiently.
 Software automates many processes such as calculating tax, suture updates.
So it will able to take care your account from start to finish but still it will not
replace the need of accountants completely.
 It will help to get detail report of finance and so accountants then don’t have
to spend their more hours for calculating anything they can focus on
understanding the date and work accordingly.
 Online accounting software will help your business stay competitive. It will
help you to save time and money while keeping your books safe from cyber-
attacks.
ACCOUNTING METHOD – DEFINITION, TYPES
 An accounting method is defined as a set of rules which are followed by a
company while maintaining its financial records and transactions.
 There are two primary methods of accounting,  viz. Cash Accounting and
Accrual Accounting.
Cash-Basis Accounting Method
 Cash accounting involves reporting the expenses and revenues when paid and
received. Income is recorded as soon as the amount is received in cheque or
cash.
 Small businesses, community associations, government agencies, non-profit
organizations, sole proprietorship firms typically use this method to record
their financial transactions.
 Cash basis accounting is considered as easy to implement.
 This method may gives an unrealistic picture of an entity’s financial condition.
 Disadvantages of cash basis accounting is that it doesn’t capture economic
transactions in the correct period. If a company incurs expenses for
electricity, it is recorded when the expense occurs and not when the bill is
paid next month.
Accrual Basis Accounting Method
 Accrual accounting, also known as the mercantile method of accounting,
works by matching revenue and expense.
 This method is also known as the percentage completion method.
 This method may gives an better picture of an entity’s financial condition
because it uses process of matching revenue.
 Despite not having made any immediate payments, expenses are recorded.
 This method manages to achieve an accurate measurement of the business’s
net income.
 Modified accrual accounting method works by containing the cash method
and accrual method.
 BALLOON PAYMENT – OVERVIEW

 A balloon payment is a large amount of money that is paid at the end of a

loan term.
 If you have a mortgage with balloon payment, then your payments will be
lower in the years but you will have to pay big amount at the end of the loan.
 Amount of Balloon payment is usually more than two times the average
monthly payment.
 Large amount of payment that pays off the remaining balance of loan at the
end of loan term.
Advantages :
 It is provided with low interest rates so that the person can repay in smaller
monthly instalments.
 Any individual will not get any burden of paying heavy amount of loan to be
paid at time.
 An individual can get higher amount of loan if they have got an adjustable-
rate or fixed-rate loan.
 Structure of the loan is advantageous if a person is planning to sell their
home before the due date of the balloon payment, and they think they will
earn a generous amount of profit on the home and also the people who have
sufficient funds to pay at the end of the loan period.
 If any person is not making enough money now but expecting to earn in
future so he can use this structure of payment.
Disadvantages :
 People who select this structure of payment carry a risk as they do not have
to pay much of principle but then at the end of loan term they will burden
with lump sum amount at the end.
 If in future housing prices drops then it can be loss to an individual who
expect to sell the house in future. At that point he will face a loss because
purchase price of house will be higher than selling price.
 ACCRUAL ACCOUNTING

 Accrual accounting is accounting method in which revenue or expenses are

recorded at the time of transaction takes place instead of when the payment
is made or receive.
 This method follows the matching principle which explains that the revenue
or payment should be recognised in same period to match the balance sheet
records.
 There are two types of accounting method which are used to record the
transactions. i.e. Cash accounting and Accrual accounting.
 In cash accounting method, transactions are recorded in the books of
accounts only when payment is made. But in case of Accrual accounting
method, transactions are recorded in the books of accounts when transaction
occurs.
 Accrual accounting records current cash inflow or outflow and the expected
cash inflow or outflow which helps to give more accurate picture of
company’s current financial position.
  

 Accrual Basis Accounting Categories

 Accrued Revenues : Accrued revenues are the income or assets that are
incurred but not yet received. In the case of accrued revenues, a company
may have delivered the goods on credit.
 Accrued Expenses : Accrued expenses are those expenses that are incurred
but not yet paid by the company. This can be when a company purchases raw
material on credit. It includes interest expense accrual, suppliers’ accruals, or
wage or salary accruals.
How to record the Accrual Transaction ?
 The accountants need to use the accrual method of accounting.
 The accrued expenses will be treated as liabilities, while the accrued revenues
will be treated as assets.
 The closing balances of these two accounts will be reflected in the balance
sheet as well.
EQUITY INVESTING: FIVE STEPS TO EVALUATE WHICH STOCK TO BET ON

 An equity investment is money that is invested in a company by purchasing shares of

that company in the stock market. These shares are typically traded on a stock
exchange.
 Investors purchase stock of any company with the expectation of high returns from
it. They expect that the value of shares will rise in future so that it will give high
return to them.
 To get high return, investors need to invest money on the stock after studying
investing average, cash balance, debt position, cash flow and promoter’s share of a
company properly. With help of this study they can predict how good its
performance will be in future.
Industry average :
An investor should compare industry average and performance and ratios of companies
and accordingly they should decide that in which company they should invest.
  
Cash balance :
A company’s cash position can be used to decide where investor should invest in
that company or not. Cashbacks are the offers given to investors while investing.
Company’s cashback offers can help investors to predict the future of that
company.
Debt position :
Debt position of company is opposite to cash position of company. If any
company have high debt in books indicates that outsiders have higher control on
company’s assets. So lower debts indicates good signal.
Promoters share :
One important indicator which helps investors is figure of promoters share in
company. Promoters have all information of company which is not available for
general public so if promoters share increase then it can be signal that investing
in such company can be good opportunity.
Cash flow :
Investor should have in-depth study of cash flow statement which helps to
understand where the money is got from and where it is gone.
WHAT IS UPI AND HOW DOES IT WORK?

 UPI, Unified Payments Interface is a revolutionary technology framework

used for mobile payments in India which is launched in 2016.
 We are familiar with Paytm, PhonePe, Google pay. Now UPI is launched and it
is an easier way to make payments.
 UPI is back-end technology infrastructure on which all banks and financial
institutions and users transact money.
 Banks also offer UPI payments on their mobile applications.
How it works :
 Every user create special ID called UPI ID on one of these applications i.e.
Google pay, PhonePe, Paytm
 Every UPI ID is linked to the user’s phone number and bank account.
 A user looks up another user to send money through their mobile number or
UPI ID . Once details are in, the transactions takes place.
 When transaction occur , the money travel from sender’s bank account to
payment app’s current account and then finally to the bank account of
recipient.
 The main reason for UPI adoption is that it is free of cost and easy to do.
BUY NOW PAY LATER : WHAT IT IS AND HOW TO MAXIMISE ITS BENEFITS

 BNPL is micro credit instrument. It allow spending facilities just as credit card.
 Sign up process is quick and the credit limit offered could be between 5000 to
60000 with repayment cycles in the range of 14 days to 30 days.
 Interest charges are eliminated by most of provider for those who repay the dues
within repayment cycle. But for late payments can leads to fixed penalty.
How BNPL service works :
 Customer on boarding process is fast and convenient because of zero
documentation requirement and no joining charges.
 The entire process is digitally enabled through internet-connected mobile
devices like smartphones and laptops often using designated applications.
 BNPL service provider issues as line of credit based on the user’s
creditworthiness and income and accordingly credit limit is set for particular
user.
 2. Fixed Asset
Turnover Ratio

 After signing up, user can visit to partnering merchant application, website,
offline store, add desire item to shopping cart and select BNPL payment
option to buy selected item.
 User can clear the dues later using net banking, UPI , debit or credit cards
within the repayment cycle at zero charges or they can convert the due into
zero to low interest EMI’s
 Timely repayments can ensure increase in credit limit for users for next
repayment cycle.
 BNPL service providers also offers extra discount or incentives to customers
for availing their facilities.
Advantages of using BNPL services :
 BNPL services gives facility to customers who have just started working and
wants to manage the expenses by allowing them at least few weeks to make
repayments which can help many people to recover from financial shocks.
EMBEDDED FINANCE THAT WILL TRANSFORM THE NEAR FUTURE
 Embedded Finance, also known as embedded banking. It is new business
model that is gaining attention these days.
 We are able to make payments without stepping out of our home through
different apps called Paytm, Google pay, PhonePe. This is possible because of
embedded finance.
 some examples of embedded finance that will transform the near future.
1) Embedded Payments : Embedded payments allows users to make payments
from a single place without having to search for money in pockets or they
don’t even have to swipe a card. It means making payment with the touch of
the button, It leads faster checkout and great payment experience.
2) Embedded card payment : Apart from debit or credit card, user can make
payment using embedded card. User have to transfer funds electronically on
card and then they cash use that card for purchases. They also allow faster
processing and are cost-effective than traditional cards.
3) Embedded Lending : Embedded lending allows users to apply and get loan at
the point of purchase. This removes need of third party, excessive paperwork
and lengthy process. Users don’t have to run to bank to apply loans.
4) Embedded Investments : Embedded Investments offers single platform to
invest and manage their money. Embedded Investments allow users to invest in
the stock market, mutual funds, retirement plans, without leaving the platform
they’re on.
5) Embedded insurance : Embedded insurance allows insurance companies to
easily approach customers also it allows insurance solutions to integrate
with mobile apps, websites.
6) Embedded Banking : Embedded banking is much more cost effective than
normal banking. In Embedded banking, you can make investments, apply for
loans, smart cards, or manage your transactions from single platform. It is the
type of banking in which banking-like services are offered by non-financial
players.
 WETUBE
 BASIC FUNDAMENTAL FOR COMPUTATION
OF TOTAL INCOME FOR AN INDIVIDUAL - PROF. SURESH PUJARI

 DECISION MAKING - PROF. RAJENDRA KULKARNI

 SHORT TERM SOURCES OF FINANCE - PROF. RAHUL SHAH
FOR SME’S
 PROFIT AND LOSS STATEMENT IN - PROF. SREENIVAS KAMBALA
HOSPITALITY
 FUNDAMENTALS OF FINANCE FOR - PROF. SURESH PUJARI
RECORDING BUSINESS TRANSACTIONS
BASIC FUNDAMENTAL FOR COMPUTATION OF TOTAL INCOME FOR AN
INDIVIDUAL
 An individual can earn income from business apart from this he have other
sources from where he can earn that are Income from Salary, Interest on
Investments, Income from House property. This is basic fundamental thing every
individual need to keep in mind while calculating total income.
Income from salary :
 Income earn by individual for giving service to certain organisation by his skill,
knowledge such income will be include in income from salary.
 All types of income whether cash or kind should be consider in calculation of
taxable income.
 The computation of salary includes basic salary, allowance, perquisite,
 Since micro finance is given without any security so each loan is associated with
group of 5-6 borrowers and they have to keep accountability of people who have
taken loan in their group and ensure that repayments happen periodically.
 Every borrower is equally accountable for repayment of loan. If any one fails to
pay the installment then whole group will be held equally accountable.
EFFECTS/BENEFITS OF MICRO FINANCE
 Poor people do not have access to loans because commercial banks do not lend
without any security so micro finance helps poor households meet basic needs and
protects against risks.
 Poor are also able to cope with economic shocks. At the times of crisis it can help
them to rebuild.
 Micro finance helps to build financially self sufficient institutions.
 Micro finance help to empowerment of women and provide loans to women so
that it can help to improve women’s livelihoods and incomes.
 Micro finance also helps poor people to educate their children's.
 It also helps the poor family to set up a business if they wants to which leads to
higher income. Micro finance lends money to women which can leads to double
income for family.
RISK IN MICRO FINANCE
 When poor people secures a loan for business, there is possibility that business
might not do well. There can be health issues in which poor people may not be
able to take their business forward.
 The people who are partner with micro finance institution could prove risky to
system on account of fraud. They may not lend enter amount to deserving poor.
 Countries which are economically not sound , politically unstable and countries
which are prone to natural disasters In such areas micro finance could be the big
risk.
 DECISION MAKING
 Decision making is process of making choices. It needs to gather information
and alternative solution and then identify the correct decision.
 It reduces uncertainty and doubts from available choices.
 Uncertainty is factor which can be reduce while taking decision but it can not
be gone completely so that is a reason for every decision having an calculative
risk.
 Process of decision making involve Issue – Alternatives – Best choice - Action
 Identifying the nature of decision you need to make.
 Gathering the information related to issue you are facing.
 As per information gathered, alternate solutions and possible paths for action
needs to decide.
 Out of all alternatives selected , you need to choice best solution.
 Implement that solution by action.
Requirements in process of decision
 Authority : You need authority to make decision in certain things like if you are
hiring any employee for any post then he must have authority for same.
 Resources : You need to have resources if you are taking any decision or if we
take example of employees then we need to have all resources which we
should provide to that employee.
 Skill : You need to have skill to hire any one and give decision.
Types of decision
 All by you : Decision is completely taken by you.
 Some by you : At least opinions are taken from others
 More by you : Decision is taken by you but still you involve others and invite
theirs question and resolve them.
 Reserved involvement : Involvement is more but still final decision is reserve by
you and suggestions taken from others would be consider in decision making.
 SHORT TERM SOURCES OF FINANCE FOR SME’S

Definition of SME ( small, medium enterprise) :

 Any organization having investment in plant and machinery upto 10 crore it is
called as SME.
Main characteristics of SME :
 Companies that are not listed on stock exchange
 Ownership of company is restricted to few individual. Individual can be family
member, neighbor, relative having family connections.
 An individual who is self employed e.g. professional service providers
Need of Short term sources of finance :
 Short term sources of finance helps companies to bring funds/ assets in less
than one year.
 Short term funds are used for purpose of investment in current assets or
working capital requirement.
 Short term funds are use for day to day activity of business so it is considered
as backbone of business.
Examples of Short term sources of finance :
1. Trade Credit : Credit given by supplier to their clients who are manufacturer
or trader. Goods is delivered but payment not transfer immediately. Usually
90 days credit is given.
2. Bank Credit : commercial banks give short term finance to business firm.
3. Customers Advance : supplier insist their clients to make advance payment. It
is generally ask when value of order is large.
4. Instalment Credit : Small amount is paid by client at the time of delivery then
balance amount will be paid in instalments but interest will be charge on
credit period given. Instalment will be decided after interest amount will be
added in balance principle amount.
5. Loans from Co-operative Banks : Co-operative banks provide shirt term loans

to SME’s. Such banks are established at local, district and state level. They
are governed by RBI.
6. Accounts Receivable Financing : SME’s sell their account receivables to some
financing companies to get finance. Money will be given from customers to
the financing companies at the time of return.
7. Commercial Paper : Commercial paper is promissory note issue by
companies to finance their short term debts. It mention fixed maturity of
commercial paper range any longer than 270 days.
 PROFIT AND LOSS STATEMENT IN HOSPITALITY

 Every business need to finalize their business statement every year.

Finalisation includes different statements in which all transactions are shown.
 It include profit and loss statement , Balance sheet.
 Under Profit and loss statement, Income and expenses of companies are
shown.
Income : It includes all types of income made by company during the period.
Expense : It includes all types of expenses made by company during the period.
This can include expenses on Wages, Utilities ( power, gas, electricity, water)
Marketing ( food marketing) , Taxes, Rent Etc.
Element of income statement
 Gross Profit : Gross profit is refers company’s profit after deducting cost of
producing and distributing its products. Under hospitality, COGS expenses
includes beverages, seasonings, meats, fruits and vegetables which are
 actually used to prepare the menu.
Formula : Sales – COGS = Gross Profit
 EBITDA :
Earnings before Interest, Taxes, Depreciation, and Amortization. It is measure of
company’s overall financial performance which can be used as an alternative to
net income in some circumstances.
Interest : Interest is amount which companies need to pay when they borrow
money to finance their business. Interest is charge on amount borrow.
Taxes : Taxes are calculated after exemption and deduction. We all need to pay
taxes to government.
Depreciation : Value of asset is decreases over period of time because use of
that asset till end of its useful life.
Amortization : Systematic reduction of lump sum paid or the write off of an
intangible asset over time.
 Other expenses : Everything which is not part of COGS will be considered as
other expenses. It can be wages, rent, advertising etc.
The formula for net income is
Net income = Gross profit – other expenses = EBITDA – (Interest, Taxes,
Depreciation, Amortization)
FUNDAMENTALS OF FINANCE FOR RECORDING BUSINESS
TRANSACTIONS

 Before preparing the financial statements we have to record the transactions of the
business through out the year.
 To record this transactions we have to follow certain rules and regulations at the
same time we have to follow concept and conventions.
 Accounts is systematic and summarized records of business transactions. It
divided into 2 categories :
1. Personal account : Accounts related to all names will be include in this
category.
2. Impersonal account : Impersonal account is divided into 2 categories.
 Real account : Accounts of all assets and properties are include in real accounts
 Nominal account : Accounts related to all expenses & losses , income & gains.
 GOLDEN RULES
 PERSONAL ACCOUNT
Debit the Receiver
Credit the Giver
 REAL ACCOUNT
Debit what comes in
Credit what goes out
 NOMINAL ACCOUNT
Debit all expenses and losses
Credit all incomes and gains
FINANCIAL ANALYSIS
 Sources and documents
 Journal entry
 Ledger Accounts
 Trial balance
 Financial statement
 WE LOUNGE
 Faculty : Mr. Mudit Saxena
Designation : Head of Retail, Digital and Marketing
Company name : Commercial Bank of Dubai

 Faculty : Mr. Ajay Walimbe

Designation : Head Legal & Company Secretary
Company name : Phoenix ARC Private Limited

 Faculty : Mr. Manish Poudwal

Designation : Technical Director
Company name : Subtronics India Pvt Ltd
Mr. Mudit Saxena, Head of Retail, Digital and Marketing

My learning about this video is……….

Mudit sir was always fond of numbers and he actually was good in finance and he
was peoples person so he enjoy working with different personalities. But now he is
in the field of marketing where he further explains that when he started their career
in marketing field they had to take surveys and research and that took 2-3 month
meanwhile they plan and release a campaign so whole process use to takes at least 6
months and that time 4-5 people use to work on different factors that is ad-agencies,
market research agencies, promotion agencies but in todays world single largest
media companies do all this things and actually with better performance.
He further explain regarding social media that social media is being use by all
generations but depends on segments that people operate. That means older
generation uses it may be for lesser time comparing with younger generation. Uses
of social media is depend on the market which you are operating with.
 People love to talk face to face so still call centers are still dominating so now
people are into online marketing and all but still it is depends on proportion. In dubai,
people are more involve in digital marketing and social media because the
government itself need digital transformations and they themselves set a benchmarks.
He further explains that dubai has over 200 nationalities and people from all over
the world come to dubai and people adopt the technology because they want to adopt
it not for the business development and it always works for dubai first they build and
wait for people to come and they actually come. They said that they proud that they
live in dubai because there infrastructure is best in world.
Mudit sir says that Dubai has 10% of local people and almost 90% people comes
from all over the world so government are looking to make their country who leads
in technology, innovation and all factors. Mudit sir’s advice to indian youngsters is to
spend some time in real market which are much larger and get some experience and
go to dubai so that they will be trained there as the market of india and dubai is
different because of population.
Mr. Ajay Walimbe, Head Legal & Company Secretary

My learning about this video is……….

Mr. Ajay Walimbe sir is lawyer and company secretary by profession but his
passion is in stock market. Very few Maharashtrian people are interested in stock
market so to create awareness he started writing in Marathi newspaper and then his
writing become popular.
He further explains classification of role of SME and MSME
He says, earlier there was concept of small scale industries but now this term
has change to SME and MSME where SME stands for small and medium type of
enterprises and MSME stands for micro, small, medium enterprises. It based on
criteria of investment. Investment to the extent of Rs. 25 lakhs such company comes
under micro enterprises. Investment of Rs. 25 lakhs to 2 crore will come under small
enterprise and more than 2 crore will come under medium enterprises.
 Our country is agricultural country and most of employment is in agricultural
sector and SME and MSME sector comes on 2nd ranks. More than 70 million
populations employment is comes from SME and MSME sector. 22% of GDP
contributions is comes from SME and MSME sectors only. More than 8000 different
types of items is manufactured by 32 million people.
RBI now come out with notification that they should have priority lending's and
specific branches for MSME sectors. Many banks are helping MSME sectors. There
is stress funds and stress fund trusts where that fund gives guaranty on persons behalf
that if he fails to pay loan then that would be recover from this funds. But for that
there would be legal procedure and some fees need to be paid for this funds. Many of
people are not aware of this facilities. So government need to give this information to
all the villages, MIDC areas, industrial areas. People should be aware of this all
facilities.
 Mr. Manish Poudwal, Technical Director

My learning about this video is……….

Mr. Manish poudwal sir’s father’s uncle was into technical things. He was scientist in
NASA at that time in electronic division. That time he did had so many types of
books related to technical things from that he used to go through all this and then
started to get interested in this field. Manish sir talks about his grandfather that he
was freedom fighter and grandmother was stage artist but there was not much money
in family. He always wanted to launch his technical interest on electronics. He made
radio and then he sold it for Rs. 3. he also worked as private detective after his
education and later on he also worked as cinema projector repairs.
When Mr. manish sir completed his graduation his dad give him an open option to go
abroad and do MS either join the family business. And he decided to join the family
business. So he had big responsibility
Of business and he always wanted to be like his father.
They invented new product called alcohol breath analyser which is used to trace
ethanol in the blood. Today they have 7 versions of breath analysers. When he join
the company that time Subtronics was already a brand and the life of products which
are manufactured are high. They have there dedicated Research and development
departments. so he says that they take lots of customer reviews and they create lot of
new products.
The first thing Manish sir did when he join the company is that he gets his company
certified under ISO 9000-2004. he says it was a challenge for his as he did not
wanted a traditionally managed company so this was a reason behind certifying this
company in ISO. He also says that he did had great team who works always in
synchronization. He encourages to his staff to do works with passion. There are
designations in his company but no body is under anybody. They always work with a
flow.