EVENTS @SCIT

Corporate Charcha 2024

SCIT's Guest Lecture Committee successfully hosted the 5th Corporate Charcha on 24th August 2024. This year's edition focused on "VAULT VENTURE - SAFEGUARDING ONE VENTURE AT A TIME". Dr Shaji Joseph welcomed the attendees and panellists with a brief introduction to the theme.

The event started with a keynote address by our alumni, Mr Nikhil Motlag, setting the tone for a day filled with enriching discussions. Following this, the main panel discussion started with the first sub-theme i.e. "FIRE Path". Mr Parag Vyavahare talked about this theme by emphasizing the importance of being financially independent in life. According to him, being financially independent means being responsible for your financial decisions, how you channel your sources of income, and manage all finances.

Mr. Raj Sukheja shed light on the next theme "Learn 2 Earn", which focused on how businesses can continue being successful and scale up effectively. Businesses must be endurable in terms of sustainability, profits, sales, cash flows, and a great team with the right vision. In today's fast-paced world, dynamics change, and businesses should scale only if there is a direction of growth in that industry. The hottest industry today may be obsolete in the next few years.

The penultimate theme was "The Great Heist" and how such heists (financial frauds) taught important lessons as to why we should not get easily persuaded to put money into false schemes offered by chit funds. As quoted by Adv. K.M Roy, "There is no fast money or easy money in this world". He encouraged the attendees to perform thorough research as to who is running the chit fund and check whether it's registered and periodically monitored by the central government.

For the last theme "Suit Up or Start Up", Mr. Niladri Shekhar Roy gave insights into the distinctive habits of a successful entrepreneur - perseverance, persistence, hard work, and consistency. Setting his own story as an example, Mr Niladri elaborated on how he remained persistent in putting continuous efforts into the business which helped his brand Lazy Ninja to grow. He emphasized on delivering value to the customers.

The discussion concluded with key takeaways for the students about personal financial management and two motivating quotes given by Mr. Raj Sukheja.

"Chance favours the prepared mind", and "Breathe, grow, learn, and assimilate".

Finally, the event drew to a close with Dr. Kanchan Patil felicitating the esteemed guests and the attendees for contributing to the wonderful session.