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Case Study Of Welspun Group

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Chapter [1] Company Profile The US$ 3.5 billion Welspun Group is one of India’s fastest growing conglomerates having registered a CAGR of 30% over the last decade. It has a presence across five business verticals -- Pipes, Plates & Coils; Home Textiles; Steel; Infrastructure; and Energy. In the first two verticals, it is a fully integrated player. Welspun is also among the recognised world leaders in the fields of Line Pipes and Home Textiles. The Group has a strong foothold in more than 50 Countries, employs over 24,000 people and has as many as 100,000+ shareholders. The Group has business dealings with companies across the globe, including a number of marquee clients, covering most of the Fortune 100 companies in the Oil & Gas and Retail sectors. Among the group’s …show more content…

 Detecting missing records from files: Training records were found which were entered in MIS but there were no papers available in files for cross verification. In that case the trainer name was identified from summary and few employees who attended that training were contacted to confirm whether that training happened in reality or not, if found that the training happened in reality the data was kept as it is and a note was written 'papers missing', for records which came to be fake were deleted.  Verifying whether content of MIS is correct or not: Along with cross checking MIS and files data of MIS was also checked for validation. MIS contained name of training, name of trainer, no. of participants, hours of training, no. of participants, date of training, level of training, planned/unplanned training, staff/workmen. Here there were errors found such as wrong date, wrong no. of participants, name of some employee missed while recording, wrong hours, levels missing, etc. These errors were rectified and

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