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Enthuse Issue November 2011
Monthly newsletter produced by the Marketing Communications team. Strictly confidential and for internal use only.
Welcome to the November issue of our internal newsletter
Events &
Announcements
• New Mumbai office
• Invest road show, Chennai
• Technology Conclave 2011
• Diwali celebrations
• Annual party celebrations - Bengaluru
In-house Talent Capturing experiences of colleagues who have
pursued their passion beyond work
BrandSpace Know your brand – New animated Grant
Thornton logo
Employee
connect
Contributions from our employees on their
experiences
• Formula One
• AS15 – Employee benefits
• Navigating complexities
Go Green Wild fire prevention and wildlife conservation
Wishes
Birthday wishes and list of new joiners
Thank you for
downloading
the newsletter.
Read further
for this month's
highlights
Living our CLEARR
values
Events &
Announcements
New Mumbai office The Mumbai practice has had an eventful journey over the past seven years. The office has moved from a 1500 sq. ft. facility in Andheri to the present
5500 sq. ft. office in Opera House. We are now in the process of moving to a much larger space of nearly 25,000 sq. ft. located at India Bulls Finance
Center, Elphinstone. On this auspicious occasion on the 21 October everyone came together to pray for a great start at the new premises and blessings
for positivity and success.
The first time I came to Mumbai was in 1989.
It makes me proud that we have been able to
progress from a 1500 sq. ft. centre to a
25000 sq .ft. centre in just 10 years, this
shows the potential of the employees in
Mumbai and the potential of the city as a
financial hub.
I would like to thank Khushroo Panthaky,
Dhanraj Bhagat, Nidhi Maheshwari and
Benoy George for their efforts in making this
possible.
Wishing the entire Mumbai practice
all the very best.
Vishesh Chandiok
Living our CLEARR
values
Events &
Announcements
Invest Road Show – South India 2011 The Invest Roadshow – South India 2011 was a multi-city event jointly organised with Flanders
Investment & Trade. The event was held in Chennai, Coimbatore and Kochi in September 2011.
Flanders Investment & Trade, is a Flemish public agency responsible for promoting Flemish products
and services and also to attract investments into Flanders Belgium.
The objective of the road show was to bring to the dynamic Indian industry, the value proposition to
invest in Flanders Belgium. The road show had officials/ experts specialising in areas of making
investment in Flanders, taxation, immigration issues etc. They highlighted the advantages of setting up
a business in Flanders Belgium from various perspectives.
A team from Belgium and India addressed the road show in an interactive format and also presented
opportunities for networking in each city.
The event was covered by The Hindu Business Line, a leading business publication in the south.
Partnering with CII lent great
credence to the event's success
and garnered great media
turnout. We effectively
showcased GTI and GT India at
all the centres for visibility.
Thanks to the marketing
communications team and the
Chennai admin team for
furnishing marketing materials for
the event. We look forward and
are processing possible
assignments from intending
investors into Flanders, Belgium
and other contacts largely
developed at the events.
The event was led by Mohan
Ramakrishna and Harish HV.. Harish HV, Grant Thornton at the podium
HINDU BUSINESS LINE
Events &
Announcements
Technology Conclave 2011
PE insight – Technology investment conclave was held on the 20 October 2011 in Bangalore with us as the knowledge partners for the event. The
event focused on PE investment and M&A trends in the Tech sector; trends in E-commerce, internet and mobile; and fund raising and valuations.
The audience comprised representatives from CII, HSBC and Funds, as well as entrepreneurs, lawyers and investment bankers.
We released a report on the sector “Technology Sector Insights”, covering M&A and PE deal trends and expert views from the industry (PEs/
Corporates/ Entrepreneurs).
(L-R) Suresh Shanmugham Managing Director - SVB Financial Group , T C
Meenakshisundaram Founder, Managing Director - IDG Ventures India , Raja Lahiri –
Grant Thornton, Kumar Shiralagi Managing Director - IndoUS Venture Partners,
Nitin Nayar Warburg Pincus, Sachin Maheshwari , Director - Zephyr Peacock, India
CG Srividya moderating the panel discussion
Events &
Announcements
Zestful Diwali Celebrations
Delhi and Gurgaon team at PVR BluO, Ambience Mall, Gurgaon
Enjoying the diwali decorations in Mumbai office
Events &
Announcements
Fun and frolic at Bengaluru's annual party
Annual Office party was organised for Bengaluru employees on 30 September at Zero G. Employees came dressed in various themes and were
awarded for different categories. Employees sung on Karaoke beats and the fun grew into a night to remember.
Talent inside
Madhu Verma, IT services, Gurgaon
“Every artist dips his brush in his own soul, and paints his own nature into his pictures.”- William Shakespeare
I paint my canvas as a hobby. Colors always elevate my mood. I started painting in elementary school and received appreciation and prizes for my
work. I love to do abstract paintings with oil pastels, water colors and oil paints. Now I paint over the weekends. I get so engrossed in painting that I
lose track of time. I feel painting is something you need to be in the mood for, although if you are stressed it can be quite soothing.
In-house Talent
Employee connect
Crazy for Formula One
The F1 temptation took many to the final race on 30 October, 2011. Among them were some of our own, including Rajesh Jain, Vishesh Chandiok,
Vinamra Shastri, Harish HV, Aasheesh Arjun Singh, Triven Gupta, Gaurav Chaubey, Mohit Agarwal, Suruchi Kataria, Utsav Prakash, Chandra
Shekar Rao and Mallika Sadh. Here are some of the shots taken at the event and contributed by them.
DID YOU KNOW?
We have done a diligence for
the UB Group along with
GTUK, 4 years ago when they
acquired the Spyker team and
renamed it as Force India.
Continuing our relationship we
were appointed auditors for
some of the entities. We have
also done valuations for them
which includes the recent
Sahara group investment.
Employee connect
AS15 – Employee Benefits
Mohamed Fahim Haniffa , Senior, Audit (South) contributed an article on AS15 to caclubindia.com which was published recently
on their website.
The link to the article is as below:
http://www.caclubindia.com/articles/hawk-eye-as-15-employee-benefits--11611.asp
Navigating complexities - An insight from a home grown
I begin by asking myself, how has the firm changed over the past couple of years? Revenues are up, realisation on jobs are better,
clients are pouring in, offices are bigger, laptops run faster, there’s good coffee in the machines and YES the market has learnt to
pronounce our name (not Grantan Thonton or Grand Thorn). We obviously didn’t get here overnight. We “navigated” through the
complexities of a growing firm and this is how we did it:
Audit Tools – Of all the sleepless nights working/ reworking through explorer files and audit care, I prayed that the very concept of an audit tool was
done away with. I finished up my files but hours later I had no “IDEA” as to what I did or how I did it! Fortunately, prayers were answered, GTI in its
endeavor to brighten the very “Horizon” that we survive on, introduced VOYAGER, a state-of-the-art tool bringing logic, quality, speed and colors to the
slightly boring audit process. Yes, I whined about it while it was being implemented, whine about it when I need to finish one but needless to say it’s a
GREAT TOOL!!
IQCR – I still recollect the time when our practice went through the first of the quality reviews and Nabeel in an open forum (specifically held to
announce the results) gave us an “F” for Failed. It felt like school, felt like I was handed out my report card and I had to repeat an entire year for
reasons I didn’t quite understand. We still go through a quality review every year, it’s inconvenient, painful, stressful etc etc but nevertheless I think
people are trying to do a better job. As far as I am concerned - MISSION ACCOMPLISHED!! Quality begins and ends with a continuous effort aimed at
improvement. As long as people strive to do a better job (either carrot or the stick approach), there will always be better quality.
Time Management System – Personnel Management System (PMS) is what was used for filling time sheets. The ERP was slow, obsolete and didn’t
really add value to a lot of people. So one fine day we stopped “PMSing” (no pun intended) and moved to WCGT 360. The ERP works great – it’s got a
great interface, its quick, billings are integrated, expense claims and approvals are online and the ERP has the option of running some useful reports.
This was a huge jump as far as administration was concerned. I did notice one glitch – move the cursor over “forgot password” on the login screen and
read the prompt!! LOL!! Someone needs to fix that.
Employee connect
Navigating complexities - An insight from a home grown
Helpdesk – Another commendable development over the years. In a firm where one is expected to multitask through every second of the day,
resolving administrative problems always took a back seat. In my personal experience I recollect not receiving my stipend for 6 months during my
article ship or when I finally received my stipend I had no idea as to how it was calculated. HELPDESK fixes all of that and so much more. The
response time is quick and issues are resolved by priority. KUDOS to the guys and/ or girls who suggested the idea of having a dedicated HELP
DESK!!
Trainings – In a profession where the pieces of the puzzle are constantly moved around, I understand the importance of being updated at any point of
time. The burden of expectation in terms of possessing the right knowledge is unparalleled. The firm’s internal news bulletins and regional/ office
specific trainings address a majority of such challenges. As always, the firm has given a lot of importance to trainings and the trend seems to continue.
Considering that there are more trainings in a year as compared to the previous – that’s definitely a good sign! Managing change is inevitable for any
growing organisation. The challenges are innumerous and are always known to have a bitter flipside. I quite like the attitude the firm portrays for
managing change. “Getting there” definitely sounds more fun than “been there done that”. In conclusion (having been in the audit profession for long
enough) I’d say – Subject to my comments in para 4 above, in my opinion and to the best of my knowledge, Grant Thornton’s
ability to manage change has been true and fair.
Contributed by - Vinod Kumar, Assurance, Bengaluru
“To improve is to change. To be perfect is to change often” - Winston Churchill
BrandSpace
An animated version of the logo is now available for you to use for your videos, conferences and PowerPoint presentations. The versions available on
ishare include those mentioned below:
• PowerPoint slide featuring animated logo
• Flash version 512x288
• Flash version 720x576
• Window Media Player version 512x288
• Window Media Player version 720x576
• High res movie file (large file 50mb+)
• PAL movie file 512x288
• PAL movie file 1024x576
NEW!! The animated Grant Thornton logo
. Please choose the appropriate file for your needs.
The ishare path to download the logo is as below:
Location: Home» Markets » MARKETS » Branding » Grant Thornton Logos » Animated Logos
Go Green- symbol of wild fire prevention and wildlife conservation
Go Green
Smokey the Bear
Smokey the Bear or simply Smokey is a mascot of the United States Forest Service that was created in 1944 to educate the public about the dangers
of forest fires. It started as an advertising campaign featuring Smokey with the slogan
"Smokey Says – Care Will Prevent 9 out of 10 Forest Fires."
According to the Ad Council, Smokey Bear and his message are recognised by 95% of adults and 77% of children in the US. In the 1950s Smokey the
Bear became popular. There was a successful song, a book series, doll and encyclopedia entry. He also appeared on radio programs, in comic strips
and in cartoons.
The Smokey Bear Act of 1952 was enacted in the US to protect the name and image. The living symbol of Smokey the Bear was an American black
bear cub who in the spring of 1950 was caught in a wildfire that burned 17,000 acres in the Lincoln National Forest in New Mexico. Smokey before it
was rescued had climbed a tree to escape the blaze.
Smokey the Bear lived in the US at the National Zoo for 26 years. Smokey died in November 1976 and buried at what is now the Smokey Bear
Historical Park. The plaque at his grave reads, "This is the resting place of the first living Smokey Bear...the living symbol of wildfire prevention and
wildlife conservation."
Smokey's name and image has been loaned to the Smokey Bear Awards, which are awarded by the United States Forest Service:
"To recognise outstanding service in the prevention of wild land fires and to increase public recognition and awareness of the need for continuing fire
prevention efforts."
The anecdote is a an example of environmentalism. Environmentalism is a social movement for conserving, rebuilding and enriching the
environment. The movement includes supporting practices such as informed consumption, conservation initiatives, investment in
renewable energy, improved efficiencies and is centered around ecology, health and human rights.
Contributed by
Kenneth Khalkho
Birthdays
Employee Name Location Day Month Employee Name Location Day Month
Sarthak Jain GUR 1 Nov
Neeti Khurana DEL 3 Nov
Ronak Mukesh Khandwala MUM 3 Nov
Anand Jose MUM 3 Nov
Ankita Jhawar HYD 3 Nov
Gaurav Gupta DEL 3 Nov
Narra Ajay Kumar BAN 4 Nov
Manpreet Bhayana DEL 4 Nov
Soniya Phartyal DEL 5 Nov
Sandeep Mehta GUR 5 Nov
Gaurav Shekhawat MUM 5 Nov
Sushant Behl DEL 6 Nov
Tarun Baijnath DEL 6 Nov
Bhargav N CHE 6 Nov
Sarvesh Shyam Sunder Bansal MUM 7 Nov
K M Thammiah BAN 7 Nov
Simy Idiculla BAN 9 Nov
J.C. Vishwanath BAN 10 Nov
Ankit Anup Rathi MUM 10 Nov
Vishal Udeshi MUM 10 Nov
Nidhi DEL 10 Nov
M. Bharathi DEL 11 Nov
Devanshi Deepak Sanghvi MUM 12 Nov
Kalpna Yadav GUR 12 Nov
Rohit Shamsundar Rathi PUN 12 Nov
Anmol Garg DEL 12 Nov
Bhanu Prakash Kalmath BAN 12 Nov
Ekta Virendra Agarwal MUM 13 Nov
Felicia Francis Parmar MUM 13 Nov
Abhishek Kiritkumar Dattani MUM 13 Nov
Kishnani Nikhil Prakash MUM 13 Nov
Suruchi Kataria GUR 13 Nov
Vishesh C Chandiok DEL 14 Nov
Kumar Amarendra Narayan
Singh DEL 14 Nov
Priya Gupta DEL 14 Nov
Sunil Vermani DEL 15 Nov
Jigar Gudka MUM 15 Nov
Rhea Amar PUN 15 Nov
Sandesh Salankey BAN 15 Nov
Piyush Patnaik BAN 15 Nov
Monish Sharma GUR 15 Nov
Krishna Vipin Gujarathi PUN 16 Nov
Pragneshkumar Manubhai Shah MUM 16 Nov
Karan Kataria CHE 16 Nov
Sonali Batra DEL 16 Nov
Dhaval Atul Salot MUM 17 Nov
Ankush Jain CHD 17 Nov
Praveen Kashyap CHD 17 Nov
Nishant Mehra MUM 18 Nov
Anirudh Gupta GUR 18 Nov
Ismail Rangwala MUM 19 Nov
Pruthvi B.S. BAN 20 Nov
Santosh Sharma GUR 20 Nov
Wishes
Birthdays
Employee Name Location Day Month Employee Name Location Day Month
Antim Patni MUM 21 Nov
Aashish Kapur DEL 21 Nov
Lalit Singh Bisht DEL 21 Nov
Bhavesh Gupta MUM 22 Nov
Nachiket Chandrashekhar
Gadgil PUN 22 Nov
Raja Lahiri BAN 23 Nov
Ankit Marwaha CHD 23 Nov
Ashish Agarwal MUM 24 Nov
Sai Venkateshwaran MUM 25 Nov
Shetty Harshini Sunder MUM 25 Nov
Shashank Karhade HYD 25 Nov
Ishtpal Singh DEL 26 Nov
Kumaran C HYD 26 Nov
Sreejith Kuniyil BAN 26 Nov
Shubham Jain DEL 26 Nov
Richa Jain DEL 26 Nov
Anjali Sapra DEL 27 Nov
Megha Rathi HYD 28 Nov
Rupali Arun Lad MUM 28 Nov
Vinod Chander Chandiok DEL 29 Nov
Prachi Mundra MUM 29 Nov
Arvinder Kaur DEL 29 Nov
Vikas Gambhir DEL 29 Nov
Sonu Sharma GUR 30 Nov
Muhammed Vasil M CHE 10 Dec
Preeti Arora DEL 1 Dec
Pratik Mahendra Chheda MUM 2 Dec
Sachin Gupta DEL 2 Dec
Jadav Dharmesh Manjibhai MUM 2 Dec
Saurabh Bhattacharya BAN 3 Dec
Stuti Shrivastava DEL 3 Dec
Hitesh Purswani DEL 3 Dec
Ritika Gupta DEL 4 Dec
Puja Agarwal DEL 4 Dec
Kirti P Sawant MUM 4 Dec
Sharanya Venkateshwaran MUM 4 Dec
Manali Varun Khandelwal MUM 5 Dec
J N Sreya CHE 5 Dec
Keyur S. Vaidya MUM 5 Dec
Melody Fernandes MUM 5 Dec
Abhishek Jain DEL 6 Dec
S. Swathi CHE 6 Dec
Alice Singh MUM 6 Dec
Kingsly Jebas S BAN 6 Dec
Vipin Kumar DEL 7 Dec
Vikas Arora DEL 7 Dec
Shilpa S. Sharma MUM 8 Dec
Nagashree Krishnamurthy BAN 8 Dec
David Jones GUR 10 Dec
Manas Chadha DEL 10 Dec
Prashanth VS BAN 10 Dec
Wishes Wishes
New Joiners
Employee Name Location Sub Profit Centre Employee Name Location Sub Profit Centre
Ronak Mukesh Khandwala MUM AUD-W
Anirudh Tapuriah CHE TAS
Misbah Hussain GUR MAR
Sanjana Shankar GUR HLA
Kumar Amarendra Narayan Singh DEL GIA
Deepak Davra GUR BRS-N
Mayank Gaur DEL AUD-N
Sunit Ambadi MUM BRS-W
Dorothy Joseph DEL ADMIN
Sahil Viren Kothari MUM IDT
Dhaval Atul Salot MUM IDT
Raksha Agarwal MUM AUD-W
Purva Ravindra Mallaya MUM AUD-W
Mohit Gupta DEL AUD-N
Sravanthi Durga Naga Velagaleti HYD BRS-S
Ankur Kumar Hisaria PUN DT
Prateek Garg DEL AUD-N
Shekhar Bhatter DEL BRS-N
Arpit Jain DEL AUD-N
Anchit Kapoor DEL AUD-N
Karishma Vashishth DEL AUD-N
Neha Parasher DEL AUD-N
Nikhil Choudhary DEL AUD-N
Suchitha Kuipers BAN DT
Karishma Jagdish Gandhi BAN DT
Siddharth Hukumchand Parakah PUN AUD-W
J.C. Vishwanath BAN GIA
Srishti Gupta DEL AUD-N
Vibhor Bairathi DEL AUD-N
Sagar Vikram Kothari MUM BRS-W
R Nandhini CHE AUD-S
Ritika Gupta DEL DT
Shiv Shankar Rai Bhatt KOL BRS-S
Varun Khunteta MUM AUD-W
Abhinav Narendrabhai Shingala MUM BRS-W
G. Nithya CHE TAS
Vedika Choudhary HYD AUD-S
Rounak Chawla DEL AUD-N
Ananya Sharma DEL AUD-N
Wishes Wishes Wishes
For feedback and contributions please write to
the editorial team: [email protected] .com
Thank You
ENTHUSE
Feedback / Contributions