Shaikhs Report

TAJ PHARMACEUTICAL Ltd
A
Project Report
On
“Taj pharamacetical Ltd ” .

Submitted By,
Mr. Shaikh Naveed
Guided by
Mr TAMGADGE.P.H
(Lecturer,Management dept.)
Submitted to
Shri Sharda Bhavan Education, Society’s

Institute of Technology & Management,
Affiliated to
Swami Ramanand Teerth Marathwada University, Nanded.
13
ACKNOWLEDGEMENT
I would like to thank Mr Tambgadge.P.H. (Lecturer,

Management Department) for his valuable guidance and worthy suggestions in
completing this project report.
I am grateful Mr. M.S Altamash (HOD, Management
Department) for his valuable, timely advice and guidance which has been
regular source of inspiration for me at every step while completing this project.
I also thank Mr. N.D Shinde (Lecturer, Management
Department) for his valuable instructions and support.
I extend my vote of thanks to Prof. S.B. Thorat, Director,
ITM, Nanded, under the aegis of whom I get the right direction to complete this
project.
I am thankful to all the personnel of Taj Pharmacitical Ltd.
who responded to all my questions very co-operatively and helped with direct
and indirect support to me in completing this project report.
Name: Shaikh Naveed

B.B.A. III year
I.T.M. College, Nanded.
Date:
Place: Nanded
13
13
INDEX
Sr.No Topic Name Page No.
1 Introduction 03
2 History of the company 07
3 Business Profile 11
4 Objectives Of Study 18
5 Production Department 19
6 Human Resource Department 30
7 Marketing Department 39
8 Finance Department 45
9 Conclusion 54
10 Suggestions 55
11 Bibliography 56
13
INTRODUCTION
13
The company Taj Pharmaceutical Ltd. 434 Laxmi Plaza, Laxmi

Industarial Estate, New Link Raod Andheri (w) Mumbai-400 053, branch is a
well known pharmaceutical company in the world. It has been working
efficiently on the way of its success.
The company deals with the production of drugs that are used directly or
as intermediate product. The company has reached both national and
international market.
Type of Business –
Manufacturer and Exporter of BULK DRUGS & Job
worker (Public Limited Company.)
Product of the company –

Allopathic Products
Alfuzin
Dopin
INJECTIONS
Alphen
Gemlar
Harbal & Ayurvwdic Product.
Hajma G
Kali Tulsi
13
Capital structure:
Capital Structure
Number of bearer shares (nominal 160,000,000

value CHF 1.-)
Number of non-voting equity 702,562,700
securities: (NES=GS)
13
History
13
The founder of Taj pharmaceuticals, Dr. .R.K singh, is the

opioneering entetpreneur who is convencing that the future belongs to branded
pharmacutical product . He is amoung the frist to recognize that the industarial
manufacturing of standardized medicens would be a major advance in fight
against disease.
This led him to found Taj pharmacutical Ltd. In Inadia and Abord
from the very begning,
Dr.R.K.Singh attached great importance to producer information as

the link between the pharamacutical manufacturing and doctors, pharmacutical
and patients. Shortly after the foundation of the company , affiliates coere
opend in mauritius , Malashia, Dubai, Moscow, England, France, the US,Great
Britain and Russia.
Since than , Taj Pharmacutical has grown in to one of the worlds leading
healthcare companies and one of the most important India.
Explanation:
13
The organizational structure of the company is function oriented. It is

divided into three levels such as –
1) Top level Management

2) Middle level management
3) Lower level management
1) Top Level Management
The top level management comprises of directors i.e. Board of Directors

of the company, who take all major decision of the company regarding
investment, expansion and delegation of authorities, etc.
Chairman is on the top position of the organizational hierarchy followed

by managing director of the company, executive director and non – executive
directors come under the managing director.
The major policy decisions are taken by the top management only.
1) Middle level Management
13
Vice – president is the bridge between the top-level management &

middle level management.
Plant manager and Administration commercial manager work under the

supervision of vice – president. Activities like production, quality control and
maintenance Dept. are keenly observed and managed by the plant manager with
the help f head of each Dept. Administration and commercial manager is in
charge for human resources, marketing and finance. Top management appoints
him.
3) Lower level Management
The persons who are actually involved in production process come under
this level. It consists of shift in charge, operators, helpers, senior and junior
chemist, welders, electricians, filters, etc. they must be experienced regarding
work. Their payments are decided by Administrative & commercial manager.
13
Company profile
13
Introduction - Business Opportunities with TAJ PHARMACEUTICALS LTD
Contract Manufacturing
To expand you
product r line with minimum investment, TAJ PHARMACEUTICALS
LTD. provides "LOCK KEY" manufacturing services including API and dosage
form development, to allow you to focus on marketing and selling the product.
This is an efficient way to increase your product line and profit margins, while
taking advantage of TAJ PHARMACEUTICALS ' Ltd. manufacturing
experience and expertise
13
Sales and Marketing

TAJ PHARMACEUTICALS LTD. has set itself apart in the marketplace
by the rapid growth of its product line, its willingness to emulate complex
drug formulations, and its core competencies in anti-infectives,
gastrointestinal, cardiovascular and analgesics arenas. TAJ
Dosage Form Development and Manufacturing PHARMACEUTICALS

LTD. has a commercial
TAJ PHARMACEUTICALS LTD.' experience advantage as many of

as a global manufacturer makes us aptly the high-profit branded
suited to take on the complex process of solid
or liquid dosage form development. At TAJ drugs with expiring
PHARMACEUTICALS LTD., we continually patents over the next
reverse engineer to improve upon our
development process, enhancing the yield, few years are in the
with a focus on cost efficiencies. categories where TAJ
PHARMACEUTICALS
LTD. has proven its expertise.
RPI has a self-contained marketing group that works to co-market
products (the same chemical under different brands), and co-promote
products (the same brand name carried by two different companies).
RPI has marketed their services out to other companies, as they perform
all of the steps in the pharmaceutical process - from development and
manufacturing to distribution and sales.
13
Marketing Strategies
Marketing Strategies as emphasized by the name is the department

which is focused primarily on developing and establishing different
strategies for the promotion/distribution of Branded/Generic as well as
the OTC products for RPI.
One of the key tasks for the department is to identify/look out for various
opportunities in different markets or channels of distribution and to
pursue those opportunities developing and establishing new
relationships in the market. Managed Care / Internet marketing are few
of the key areas that the department is looking to introduce into their
ever expanding products portfolio.
The department is headed by DR.C.R.BHATT and together with his
team they are
Board of Directors
13
Sr. No. Director’s Name Designation
1 Taj Pharmaceuticals, Dr. R. Chairman / Chair Person

K. Singh
2 Mukund kakani Managing Director
3 Dr. M.R Bhalla Executive Director
4 Prakash Chandra Shrimal Director
5 Shantanu kumar singh Director
6 Smt. Priyanka Singh Director
Registered Office –
Address :
434, Laxmi Plaza, Laxmi
Industrial Estate, New
Link Road, Andheri (W),
Mumbai- 400 053.India.
Phone : General EPA BX :
91 - (0)22 - 26374592/92
91 - (0)22 - 26374592/93
13
91 - (0)22 - 30601000
Fax : 91-(0)22-26341274
E-mail :
tajgroup@tajpharmaceuticals.com
tajpharmaceuticals@gmail.com
tajpharma@rediffmail.com
Structure Organizational:
13
Chairman
Managing Director
Executive Director Non-Ex. Director
Vice – President
Plant Manager Administration & Comm. Manager
H.R. Head, Sales Ex. & Cashier
Production Manager Quality Control Head Maintenance Head
Shift Incharge Sr. Chemist Utility Engineer
Operators Jr. Chemist Electricins

Filters & Welders
Helpers
OBJECTIVES OF STUDY
13
1.To study the quality and the price of the products.
2 To study the present position of Taj Pharmacitical Ltd in

the market.
3. To study the HR functions of the organizations.
4. To study the marketing strategies of the company
13
PRODUCTION
DEPARTMENT
Production
13
The essential feature of Production Department is to bring together

people, machines and materials to provide goods and thereby satisfying the
wants of people.
Products
The company currently deals with the production of
1] Alfuzin
2] Dopin(intermediate)
3] Pyrazinamide (bulk drug)
The 1st drug was produced in 1987 and that was Alfuzin. It forms
isoxamine as an intermediate while production of Alfuzin is carried out .
13
In 1999, the company has started the production of another bulk drug i.e.
pyrazinamide
Raw Materials
The raw materials used in the production are as
1] For Sulphamethoxazole
1. Sodium metal,
2. Costic soda,
3. Methynal,
4. Pyridine acetone,
5. Acetal..hloride,
6. Carbon, etc.
2] For Pyrazinamide
1. Propylene glycol,
2. Ethylene dimide,
3. Zinc catalyst,
4. Costic soda,
5. Carbon, etc.
RAW MATERIAL CONTRACT MANUFACTURING
13
1] Product for A D Lactone
1] A D pure
2] Methanol
3] Trimethoxied ortho formaamide acitron trimothyle selphotronic
1. B Tac, utromine T
2. Dicthyl minotyle
3. Isoproeri
Dr. Reddy
1) Enrofloxacin (Veterinary Drug)
1] Nethyle papyrazine
2] Q acid
3] Butanol
4] Acitic acid
5] Ammonia bydrox carbon
Raw Material for Ciproflomicin
13
2) Ciprofloxacin Hydrochloride (Anti Biotic Drug)
1] Q acid
2] Butanol acitic acid
3] Methanol
4] Carbon
5] Pypranic unbydrored
Production Process
13
1] For Alfuzin
Sodium metal and costic soda is reacted with methanol. It gives sodium
methoxide. It is transferred with reactor touline pyridence. Then it produces an
intermediate i.e ISOXAMINE, Acetone, Acetal, Sulphonal Chloride,
Hydroxamine, sulphite are added in it. For further purification, carbon is added.
After the carbon treatmen cake is formed i.e Sulpha Crude. Then it is
transferred to centrifuges, which is connected to motor to remove impurities
from it.
A solid cake is formed that is collected in bags and transferred to drier

section. It is dried with the help of food belt drier. At the end it is tasted by the
quality control department. By assurance of the head of the department it is sent
for packaging.
2] For Dopin
The same production process is adopted for producing Dopin with its
raw materials. The produced Dopin is also transferred for packaging.
The Company packs the drugs in 15-25kg export worthy fire drums in 2
poly bags that are ready for sale and export.
The packaging style has selected according to the liquidity of product ie.
The nature of the drug and safety measures in transportation activities. The
production takes place in batches with the maximum 500kg batch size.
13
Storage Department:
13
The main concern of this dept. is to store raw material and finished
product. The company follows ‘The Standard Operation Procedure’ for
undertaking the various activities of store departments.
In coordination with the Quality Assurance and Quality Control Dept.,

the work is done according to GMP (Good Manufacturing Practice) norms. The
company undertakes the following systematic procedure for quality and
continuous production.
Order for Raw Material
13
Arrival of raw material
Material receipt
Inspection by Quality Assurance Dept.
Fail Pass
Return to Supplier
Unloading of material
Maintenance
Use as per requirement of batch
Processing
Reprocessing waste Output

Quality control department
Fail Pass
Preparation of batch sheet
Store
Dispatch
Explanation
13
Each order is placed for raw materials of any kind (liquid, solid, etc) have to go
through this procedure when the order arrives at factory gate, material receipts,
packed materials and other documents accompanying with it , are verified. Raw
material arrival sheet is given to Quality Assurance Department for sampling
the material.
Rejection of material
In case of damage leakage and inferior quality of the raw material the
company returns the material to the supplier. If it is miner then in that case the
supplier is informed regarding that / as the material is granted by the Quality
Assurance Department, unloading of material takes place.
Solid raw materials are transferred manually.

Liquid raw material is pumped from the main storage tanks to plant tanks
as per requirement.
Cylinders of gaseous raw materials will be transformed from storage area
to plant manifold area.
Finished goods and packaging materials will be stored in a separate room
and dispensed from there.
Since the production is done in batches the raw materials are entered as
per the batch requirement and attention is provided on its maintenance and
safety.
13
The final output is checked by Quality Control Department and sent for
packaging and labeling for each batch “batch Sheet” is prepared by the store
department that gives the information regarding label, container, weight , and
size of batch after loading , it is dispatched.
Measures to keep store up to date
1) Keeps records of all arrival and dispatch sheets, receipts of raw

material and processed output product.
2) Cleaning as on scheduled day and time-to-time.
3) Availability of proper ventilation, sunshine, be humidity etc as per

materials needs.
4) Proper care is taken to avoid leakages, damages in the store.
13
Human Resource
Department
13
In every organization, Human Resources play very significant role so; it

is very essential to get work done to their full potential and give them proper
returns of their efforts.
Employees people and evaluate their work but also motivate them to
acquire more success. The activities to make it happen are as employing people
developing their sources , utilizing, maintaining and compensating their
services in tune with the job and organizational requirements with a view to
contribute to the goal of the organization , individual and society . The actual
role players of the industry who transforms all plans into reality are the Human
Resources of the company.
The company has to decide how many and what kind of people are
required in the company. In Godavari Drugs, the total man power working is 72
out of which 23 employees’ works in staff and remaining 49 related to
production utilize department.
13
A) Recruitment
Under the human resource policy of the company, the different sources of the
recruitment are as.
• Contact with the local university & colleges

• Institutional apprentice or management trainee
• Vacancy declaration in local newspapers
• Employees inference
• Internet based recruitment
13
Criteria of selection
1] For Employees:
Minimum qualification as per job requirement as it is a drug industry, the

preference in the selection will be given to the one who is M.Sc. Chemist for
posts like supervisor and operator.
Physically and mentally strong to handle the workload and stress
situations expert in his field.
2] For workers:
Healthy and strong physical so that he will able to shift heavy loads.
He must have work experience.
He must be efficient in his work.
13
Selection Procedure:
Applications of candidates are received with attached bio-data, mark

sheet of PG. Medical certificate and other certificates relating with the previous
job.
Prospective candidates are selected for interview.

Interview takes place for taking overall idea of his personality.
Tests are taken for checking his subject knowledge.
If candidate is passed through above tests then he must satisfy medical
check up.
His records in previous company are checked to verify that there is no
balance of loan and what is the reason to leave it.
If the candidate successfully overcomes all above exams then he is
declared as selected for job.
The candidate is purely selected on his merits.
B] Training:
After the candidate is selected, he will be given the training for six
months so as to get adjust in the new work environment, to learn and progress
in his work. If he is satisfies all his job requirements then he may be appraised
in form of authority or in monetary terms.
13
In case the employee is not able to adjust himself to learn in the given
time, the period of training is extended for some time and still if he does not
show any improvement, he is fired from the post.
The senior employees who have been working in the company provide
training and coaching to the trainee. The workers are sent to attend the
workshops held at different places.
1] Promotion
The company gives promotion to the employees on their merits only, this
enables the company to possess efficient and effective work force.
2] Compensation
The workers working under the company are 0paid under minimum
wages Act. The extra wages are provided for bonus is given at the time of
festival like “Diwali”
The employees’ salary is given as per standard rate for the job plus T.A,
D.A, H.R.A, and other allowance, payment varies as per change in job and
authorities, increased as per direction of management. Bonus is also provided
for efficiency in work.
13
3] Safety Measures
As it is drug industry the company has to take care not only of the
materials and Equipments but also of the workers who are handling it. They are
provided whit Coffles, Cof, coat, hose cap, gloves, dress two pairs, shoes and
mask, first-aid box.
Moreover, the protection measures are also taken.
4] Security
Every person has to enter his name, address contacts and reason for
coming to industry in a register. The watchman keeps close eye on each person
who is coming or going out and its records so that any unknown person will not
get the entry without permission or reference by phone.
5] Leave
There are two kinds of leave allowed they are as.

1) Casual leave
2) Paid leave
From 1st Jan to 31st Dec, There are 11 leaves are allowed as casual
leave, they are related with illness, or any reason there will be no cut of
payment for it.
13
If the employee is not able to come for continuously 15-20 days, he

has to inform it to his higher authority 15 days in advance and amount will cut
off from the pay of the employee.
6] Termination
The HR head and the concerned departmental head can recommended

for termination any of the employee or worker in the following cases. The
company reserves the right to terminate the employment contract without
notice. In any of the following circumstances if a person.
• Is guilty for inconsistent with due and faithfully discharged duties.
• Is guilty of any thing which may cause a big loss or damage or defame
for the company.
• Is consistently absent for more than a week without prior leave and
without any reasonable excuse, without informing or attempting to
inform his superior.
In all above cases, the company processes the right to terminate the
person without any notice.
7] Resignation
• It is submitted to immediate superior.
• It is send to head of H R dept for acceptance.
• If it is accepted then salaries will be paid along with the legal dues.
13
8] Facilities
. Canteen
• Celebrates Ganesh Mahostav and Durga pooja.
• A board is maintained best wishes are displayed on it for birthdays as
well as of their maritual birth days of employees.
• Medical check up is held on every last week of month for the workers
and employees.
13
MARKETING
DEPARTMENT
13
Marketing is studied under the two approaches such as:
Product oriented approaches, which comprises with buying and selling

activities only.
The second known as customer or modern approach according to which

marketing is concerned with delivery of standard of living to the end users. It is
the total system of interacting business activities are designed to plan, price,
promote and distribute want satisfying product and service to present as well as
the future potential customer.
The produced drugs come under the “Industrial goods” category,

industrial goods, which are designed to be sold primarily for using in
production or another usable final product exactly apposite to the customer
goods, which are designed to b used by the ultimate consumers in such a
form that they can b used without any commercial processing.
Product Mix
Product mix is the list of the entire product offered for sale by a
company. It is the element of product policy, in product policy the major
decisions are taken by management is considered towards the concept of
product mix.
In this company the product mix has three dimensions such as follows:
13
1) Production and Packaging
Production is made as per purchase order, in different batches. Pricing

policy is competition oriented while packaging, safety is the main concern to
provide safety transportation and easy distribution to the customers. The drugs
manufactured are packed in 15 – 25 kg. export worthy fire drums.
2) Marketing strategy
The company adopts two strategies for marketing, they are as follows
i. Direct marketing (direct orders)
ii. Indirect marketing (through merchant, commission agents, brokers &
traders)
Direct marketing users uses the direct marketing channels to reach and deliver
the orders to customer without using marketing middlemen. It needs measurable
response and the most important customer order.
It also needs to build a long term relationship with the customer [ here the
customer are the other industrial units].
In direct marketing the company gives 2% to 5% commission to the

middlemen as commission agent, broker, trader and merchant. They enable the
company to provide the supply over the vast area.
Transportation media adopted for export is either through sea or air.
13
Advertisement
Salient Features of Products
• IS 2925 certified & DGMS approved
• Highly secured products
• Fabulous designs
• Durable, reliable and highly resistant solutions
• Wide range of products to suit various requirements
• HDPE made products
• Unique Cross Ribs for excellent impact protection
• Textile head suspension is attached with chinstrap and the head

suspension is available in 540-590 mm. size.
13
Unmatched Quality
Superior quality is the hallmark at Guards. Our world class quality

management system comprises of several inspection procedures that almost
minimize the possibility of quality degradation. We employ ultra modern
techniques in order to deliver desirable quality to our valued clients. Every
product is manufactured by employing the finest quality of raw material under
the strict supervision of diligent quality inspectors. Our aim is to manufacture
and export top quality safety and comfort at affordable prices. We have a
separate unit for quality testing of every item.
Exclusive Designs
We are well supported by a team of highly creative designers who are

capable of designing unmatched products that not only look better but also
provide full proof security to the worker. Every product is the result of
extensive hours of our professionals' labour. Our research personnel regularly
study the emerging requirements of the industry in order to deliver perfect
solutions as per exact requirement.
13
Infrastructure
We boast of an outstanding infrastructural ability that provides us the

capability to realize all our safety related business objectives. Our facility is
equipped with ultra modern machineries and highly qualified workforce,
delivering the perfect equation of manufacturing world class products. We also
have a spacious warehouse and wide distribution network to ensure timely
delivery of the products
13
FINANCE
DEPARTMENT
13
Every firm’s success and at least its survival depend upon how efficiently
it is able to generate funds as and when needed finance holds the key to all the
activities. The path of success of an enterprise is greased with money. However
it would not be proper to pass the entire credit of the success of the business
enterprise to finance. It depend upon how productively money is utilized the
organization. Finance guides and regulates investment decision and
expenditure.
Finance is defined as:
“It is a task of providing funds required by an enterprise on the terms

most favorable to it, in the light of the objectives of the company.”
- Hunt Williams
13
CAPITAL
Taj Pharmaceuticals For Investors
Share Information:
Soon available..
Latest Investor Updates: Information and Events:

24 Marck 2006
we have launched our four new 19 April 2006
products ElevenSeas, Tocoder, First Quarter Sales
Divanerve, Gynasafe for muf &
marketing in India & Abroad 8 March 2006
Taj Pharmaceuticals IFRS
6 April 2006 Workshop
MabThera significantly
improves symptoms in patients 2/3 February 2006
with rheumatoid arthritis who Taj Pharmaceuticals Full Year
inadequately responded to anti- Results and Report for 2004
TNFα therapies
5 April 2006
Chugai: A Revision of Financial 5 April 2006
Outlook for Fiscal Year 2005 Chugai: A Revision of Financial
(January 1 ~ December, 2005) Outlook for Fiscal Year 2005 (January
1 ~ December, 2005)
13
To obtain information about Taj pharmaceuticals Securities, latest stock

quote and performance charts, to view historic share price and financial
information, or dividend history, please select the appropriate link.
Taj pharmaceuticals Securities
Symbols
Security Stock Reuters Bloomberg Swiss

exchange Exchange
TAJ NES SWX TPLZg ROG ROG
London
SEAQ
Taj bearer SWX TPLZ RO RO
share
Taj ADR New York RHHBY RHHBY -
Trading
Taj pharmaceuticals's non-voting equity securities (NESs) and Taj
pharmaceuticals bearer shares are quoted on the electronic Swiss
Exchange. Taj pharmaceuticals NESs are also traded over the counter
(OTC) on the London Stock Exchange Limited (SEAQ International) and
on other European exchanges. In July 1992, Taj pharmaceuticals
established an American Depositary Receipt (ADR) facility for Taj
pharmaceuticals NESs in the United States. Two ADRs represent one
NES.
13
Capital Structure
Number of bearer shares (nominal 160,000,000

value CHF 1.-)
Number of non-voting equity securities: 702,562,700
(NES=GS)
The Company has a share capital of CHF 160,000,000, divided into

160,000,000 fully paid bearer shares with a nominal value of 1 Swiss franc
each. There are no limitations on the transfer of these shares and no shares with
maximum voting rights. Upon deposit, shares can be voted without any
restrictions.
In addition, 702,562,700 non-voting equity securities have been issued in bearer

form. They are not shares, have no nominal value and can not be issued against
any capital contribution. They do not form part of the share capital and
therefore confer no voting rights. However, each non-voting equity security
confers the same rights as a share to participate in available earnings and in any
liquidation pTPLeeds following repayment of the share capital. Taj
pharmaceutical's non-voting equity securities and the provisions securing the
claims and rights pertaining thereto are described in §4 of the Articles of
Incorporation of Taj pharmaceuticals Holding Ltd.
13
SIGNIFICANT ACCOUNTING POLICIES
The company adopts the following polices for their financial concerns.
Accounting Concepts
The company follows mercantile system of Accounting and recognizes

income and Expenditure on accrual basis. Accounting Policies not otherwise
referred are consistent with generally accepted principles.
Revenue Recognition
a) Revenue from sale of goods is recognized when significant risks and

rewards in respect of ownership are transferred to the customer.
b) Interest income is accounted as per contractual terms entered into

with the parties concerned.
Turnover
Turnover comprises sale of goods including sales tax and export

Benefits such as Excise duty rebate and credits in Duty entitlement
Pass Book (DEPB) and Advance Licence.
Fixed Assets
Fixed Assets are stated at cost less depreciation.
13
Depreciation
Depreciation on Plant & Machinery, Factory Building, Electrical Installation

and Laboratory Equipments is provided on straight line method while in case of
Furniture and Fixtures, Vehicles, Office Equipment and Computers on written
down value method as per the rates prescribed in schedule XIV of the
Companies Act, 1956 as amended and rules framed thereunder.
INVENTORIES
Inventories are valued at the Lower of cost and Net realizable value. Obsolete,
slow moving and defective inventories are identified at the time of Physical
verification and wherever necessary provision is made for such. The cost in
respect of following items is computed as under:-
(a) In case of finished goods at raw material cost plus conversion cost
and other overheads incurred to bring the inventory to their present condition
and location.
(b) In case of raw materials, stores, spare parts, material-in-transit etc.
at cost
(c) In case of Stock-in-process at raw material cost plus conversion cost
depending on the stage of completion. Cost formula used is on FIFO basis.
13
RESEARCH AND DEVELOPMENT
(i) Equipment purchased for research and development is capitalized when

commissioned and included in the gross block of fixed assets
(ii) Research and Development expenditure incurred are charged to

Profit & Loss account of the year under relevant head of accounts.
(iii) Research and Development expenditure incurred on identified
products on or before 31st March 2003, the benefit of which is expected to
accrue to the company over period of time will be written off in five years from
the production/launch of the product.
GOVERNMENT GRANTS:
Grants in the form of capital/investment subsidy are treated as capital

reserve.
FOREIGN EXCHANGE TRANSACTIONS:
Revenue from overseas clients and collections are recorded at the

exchange rate as of the date of the respective transactions. Expenditure in
foreign currency is accounted at the exchange rate prevalent when such
expenditure is incurred. Monetary Assets and Liabilities denominated in foreign
currency as at the Balance Sheet date not covered by foreign exchange contracts
are translated at year end rates. The resultant exchange differences (except
13
those related to acquisition of fixed assets) are recognized in the Profit & Loss
account.
RETIREMENT BENEFITS:
Accrued liability for retirement benefits (Gratuity) is calculated based

on the assumption that these benefits are payable to all employees at the end of
the accounting year.
Contributions to defined schemes such as Provident Fund and
Employees State Insurance Scheme are accounted for on accrual basis.
Provision for Bonus is made on accrual basis.
TAXES ON INCOME
Tax on Income for the current year is determined on the basis of taxable
income and tax credits computed in accordance with the provisions of the
Income Tax Act 1961.
Deferred tax assets and liabilities are accounted for based on the
difference between taxable income and accounting income that originate in one
period and reasonably expected to revise in the subsequent periods.
Deferred tax assets arising from timing differences are recognised to
the extent there is reasonable certainty that these would be realized in future.
13
CONCLUSIONS:
Indian major company which came up with the idea of antibacterial concept in
various family and health care products. mostly whatever ingredients it uses in
its product are extracted from nature as it has very less synthetic chemical
constituents used in its product and so it does not has any threat of side effect.
As it has its product in major areas viz. family, health care and in food division
it can easily has larger share of market.
Quality is the dominating aspect which influences consumer to purchase

medical product, but prompt availability of other brands and aggressive
promotional activities by others influences the consumer towards them and also
leads to increase sales.
People are mostly satisfied with the overall quality , but for the existence in the
local market must use aggressive selling techniques.
13
SUGGESTIONS
Company should expand their products in the international market.
The price of products should be similar or less as compare to the

competitor’s product.
Company have the good image in the international market so company

should allocate their franchise in different countries.
Company should adopt easy channel of distribution to distribute their

product in the market .
13
Bibliography
1. GLOBAL MARKETING MANAGEMENT

S.A. SHERLEKAR
2. MARKETING MANAGEME
PHILIP KOTLER & GARRY ARMSTRONG
3. ECONOMICS TIMES
4. TRADE JOURNALS
5. WEB SITE: WWW.TAJ PHARMACUTIAL LTD. COM
13

Shaikhs Report

Cargado por

Información del documento

Descripción original:

Derechos de autor

Formatos disponibles

Compartir este documento

Compartir o incrustar documentos

Opciones para compartir

¿Le pareció útil este documento?

¿Este contenido es inapropiado?

Copyright:

Formatos disponibles

Shaikhs Report

Cargado por

Copyright:

Formatos disponibles

TAJ PHARMACEUTICAL Ltd

“Taj pharamacetical Ltd ” .

Shri Sharda Bhavan Education, Society’s

I would like to thank Mr Tambgadge.P.H. (Lecturer,

Name: Shaikh Naveed

Sr.No Topic Name Page No.

2 History of the company 07

6 Human Resource Department 30

The company Taj Pharmaceutical Ltd. 434 Laxmi Plaza, Laxmi

Product of the company –

Number of bearer shares (nominal 160,000,000

The founder of Taj pharmaceuticals, Dr. .R.K singh, is the

Dr.R.K.Singh attached great importance to producer information as

The organizational structure of the company is function oriented. It is

1) Top level Management

1) Top Level Management

The top level management comprises of directors i.e. Board of Directors

Chairman is on the top position of the organizational hierarchy followed

1) Middle level Management

Vice – president is the bridge between the top-level management &

Plant manager and Administration commercial manager work under the

3) Lower level Management

Introduction - Business Opportunities with TAJ PHARMACEUTICALS LTD

experience and expertise

Sales and Marketing

Dosage Form Development and Manufacturing PHARMACEUTICALS

TAJ PHARMACEUTICALS LTD.' experience advantage as many of

Marketing Strategies as emphasized by the name is the department

Sr. No. Director’s Name Designation

1 Taj Pharmaceuticals, Dr. R. Chairman / Chair Person

3 Dr. M.R Bhalla Executive Director

4 Prakash Chandra Shrimal Director

5 Shantanu kumar singh Director

6 Smt. Priyanka Singh Director

434, Laxmi Plaza, Laxmi

Industrial Estate, New

Link Road, Andheri (W),

Mumbai- 400 053.India.

Phone : General EPA BX :

Executive Director Non-Ex. Director

Plant Manager Administration & Comm. Manager

H.R. Head, Sales Ex. & Cashier

Production Manager Quality Control Head Maintenance Head

Shift Incharge Sr. Chemist Utility Engineer

Operators Jr. Chemist Electricins

1.To study the quality and the price of the products.

2 To study the present position of Taj Pharmacitical Ltd in

3. To study the HR functions of the organizations.

4. To study the marketing strategies of the company

The essential feature of Production Department is to bring together

The company currently deals with the production of

3] Pyrazinamide (bulk drug)

RAW MATERIAL CONTRACT MANUFACTURING

1] Product for A D Lactone

1) Enrofloxacin (Veterinary Drug)

Raw Material for Ciproflomicin

2) Ciprofloxacin Hydrochloride (Anti Biotic Drug)

A solid cake is formed that is collected in bags and transferred to drier

In coordination with the Quality Assurance and Quality Control Dept.,

Order for Raw Material

Arrival of raw material

Inspection by Quality Assurance Dept.

Use as per requirement of batch