SFIMAR Research Review https://www.i-scholar.in/index.php/SFIMAR This bi-annual journal is published with an objective to disseminate information based on application research in various segments of management. It primarily contains research papers, case studies and book reviews on various management concepts and practices. St. Francis Institute of Management & Research, Mumbai en-US SFIMAR Research Review 0975-895X Editorial https://www.i-scholar.in/index.php/SFIMAR/article/view/212242 No Abstract. Sulbha S. Raorane 2022-04-20 2022-04-20 15 Comparative Analysis of “Day of the Week” Impact on Bank Nifty Before and After The Introduction of Weekly Option Expiry https://www.i-scholar.in/index.php/SFIMAR/article/view/212243 Historically, Bank Nifty has exhibited more volatility than Nifty and so to facilitate hedging of traders’ positions weekly option expiry was first introduced on Bank Nifty from May 27, 2016. Since then, Bank Nifty option contracts are settled on every Thursday of the week based on the closing of the Bank Nifty index in the cash market segment. This study will consider two time frames viz. from May 2012 to April 2016 (i.e., before) and from May 2016 to April 2020 (i.e., after) the introduction of weekly option expiry. Five days of the week (Monday, Tuesday, Wednesday, Thursday and Friday) would be considered for both these time frames to check the “Day of the Week” impact on Bank Nifty. Based on daily observations of returns and volatility in returns for both before and after periods it would be checked if there is significant change in the daily Bank Nifty returns. Two Sample t-Test (5% significance) would be used for the same. To test the “Day of the Week” impact for both before and after period, ANOVA with (5% significance) would be used. Pushkar Dilip Parulekar 2020-04-20 2020-04-20 15 Business Performance Analytics After Digital Workflow in IT Sector https://www.i-scholar.in/index.php/SFIMAR/article/view/212244 The era of IoT (Internet of Things) and computer technology in the contemporary times has played a major role in the present situation of COVID-19 pandemic where the world is facing the worst phase. This communicable disease has led to the economic break down of several nations. The sectors such as steel, automobile and allied manufacturing sectors have faced lot of losses during the pandemic. On the other hand, the IT and telecommunication sector has seen immense growth despite the pandemic attack. The workforce of these sectors has been “Digitally Smart”. The concept “work from home” has contributed a lot to the IT sector. During the FY 2020-21, the employees of the IT sector were working from home connecting to the main frame through internet. In this paper, we would quantify the increase in business and efficiency of the IT employees after working from home and also, growth of business within the key verticals of the IT sector. We would use data analytics and estimate the Economic value addition for analysing work efficiency. The paper would also compare the performance of three consecutive financial years along with current FY 2020-2021. We would conduct quantitative research by taking three sample cases studies of three companies belonging to the IT sector. This research would estimate the business generated within the key verticals and overall revenue generated by the IT sector. The comparison would focus on the percentage increase in business and meet our objective of this paper. The paper would also explain about some of the latest work-efficient technologies used by the IT sector companies for efficient and effective development of software services and software infrastructural services. Alisha Edile Lobo Anish B. 2022-04-20 2022-04-20 15 GiG Worker : An Untapped Talent https://www.i-scholar.in/index.php/SFIMAR/article/view/212245 Traditional way of doing work has been disrupted by digital technology. The advent of technology, enables an individual to work the way he/she wants to. Digitization has enabled the work-force to meet the need and demand of the customers/consumers which in turn leads to emergence of new trend. The term gig economy is the new buzzword and most widely used term. It refers to accomplishment of the task/work by hiring temporary/part-time workers, or freelancers. It has redefined the labour market. This paper highlights the concept of gig economy, gig workers, recent trends, HR challenges, and regulation of Government of India on gig workers. Subhashree Panda 2022-04-20 2022-04-20 15 Well Furnished: A Study on The Online Furniture Rental Start-Ups in India https://www.i-scholar.in/index.php/SFIMAR/article/view/212246 <p>Today, people are inclined towards accepting what is convenient, hassle-free and are open to experiencing different products available online. Since owning furniture requires a good investment, it may not be feasible to keep trying different furniture designs every now and then. While relocating, people need furniture for their house. Buying new furniture may be an expensive option. Taking this into consideration, start-ups have come up with the appropriate offering- rental furniture.</p><p>Customers now have access to a variety of furniture designs by just paying the subscription fee. This helps them to upgrade the look of their homes as per their changing tastes. This study has tried to understand the business models of the online rental furniture start-ups in India. It has also tried to get a glimpse of the general awareness and perception among the public regarding the offerings of these start-ups. A survey was conducted of 158 respondents. From the survey some of the findings were that majority of the respondents were aware about the concept of renting furniture online, many believed that renting furniture addressed the temporary requirements of the user and it made sense to rent furniture while staying in a rented house or apartment.</p> Paul Pratap Alukal Nikhil Jose Mathew 2022-04-20 2022-04-20 15 Innovative Teaching-Learning Practices for Higher Education Institutes - Mumbai (India) https://www.i-scholar.in/index.php/SFIMAR/article/view/212247 The education sector has undergone a massive change right from the tradition methods of teaching that involved to learn through memorization and recitation techniques to the current modern pedagogies that induce critical thinking and problem-solving methods. The entire change in the system of teaching- learning has ensured that a student becomes rational thinker, knowledgeable, and self-sufficient. The creativity and innovation in the teaching pedagogy has ensured that both students and teachers benefit and have changed the landscape of the education with more empowered individuals, stronger governance, and development of human capital in the country. The current disruption in the education sector is due to the Covid-19 pandemic, which has further opened gates to creativity and innovation increasing the use of online platforms and change in teaching-learning pedagogy for both teachers and students. The paper focuses on secondary data and discussion with faculties of other institutes. This research paper focusses on studying the different teaching-learning practices proposed by universities and technical bodies and adopted by higher educational institutes in the Mumbai district. This research paper focusses on the innovative teaching-learning practices at the institutes in Mumbai District. Namrata Acharya Jestin Johny 2020-04-20 2020-04-20 15 A Study on Crisis Management by Nestlé’s Maggi Noodles in The Indian Market https://www.i-scholar.in/index.php/SFIMAR/article/view/212248 <p>The primary objective of this research is to investigate a crisis seen by Nestlé India for its muchloved brand Maggi Noodles and their actions to overcome the same. This research also focuses on understanding the safety crisis of Maggi Noodles and the controversy it faced in India and to study the consumer perception towards Maggi Noodles after its re-launch.</p><p>Study outlines how a global organization with longer than four decades of its presence in the nation attempts to adjust itself to the intricacies of Indian market. It also depicts how well a company took a crisis management decision.</p><p>Study gives a summary of the challenges faced by Maggi after the Safety Crisis in India and how did it overcome them. This paper attempts to comprehend Maggi Noodles’ controversy and inspects the action taken by the organization to overcome the crisis faced by them in 2015 in the Indian Market and to understand how this brand handled this situation through a proper crisis management decision as well as managing the re-launch of their much-loved product.</p><p>The research consists of both primary and secondary source of data collection. Primary source of data collection consists of an interview of official who is associated with the Nestlé India, during the crisis. The secondary data is taken from various websites, research papers, case studies and journals.</p> Riddhi Agarwal Rupesh Siyodia 2022-04-20 2022-04-20 15