Vol. 6, No. 1, June 2018

Safety has always been important part of the paper Industries. The main objective of this research work was implementation of Lockout and Tag out (LOTO) systems in electrical panel board to minimize the hazards and injuries in paper industry. Many processes with hazardous energies have been identified in paper mill in electrical and mechanical section maintenance work. Hazardous energies like electrical, chemical, gravity, thermal, hydraulics, pressure etc. were handled with utmost precaution control of these hazardous energies ensures and enhances safety precaution. Also verified the influence of human error during preventive maintenance and activities on the optimal safety stock levels using an extension of the hedging point structure. By successful implementation of LOTO system, the maintenance cost, inventory cost, and factory accident, frequency and severity rate of incidents were reduced.

Thousands of small andamp; medium scale industries are present in India. All are facing certain problems resulting in shortage of production and quality issues like productivity, greater lead time, processing time etc. The paper contains basis definition of kaizen philosophy andamp; a brief review of kaizen concept andamp; its implementation. The purpose of this paper is to represent Kaizen, its related terms in a concrete way andamp; its implementation in improving the overall effectiveness of organization. This paper illustrates about kaizen implementation in small manufacturing industry andamp; also focuses on the scenario of Indian manufacturing company while implementing Kaizen. The paper also illustrates the implementation of kaizen technique in a company who is dealing with manufacturing the PVC pipes. The company is currently facing with the problem of increased lead time and backorders. The main objective is to implement kaizen practice in the case company. This implementation is focused on reducing the lead time of sales order processing by mean of which the productivity of organization will be improved. We also suppose to generate case based simulation models which estimate the basic Kaizen implementation process before andamp; after implementation. The tools used are Kaizen, 5S, kaizen sheet 5S sheet etc., and monte-carlo simulation method (for analysis).

In India, insurance has a deep-rooted history. It finds mention in the writings of Manu (Manusmrithi), Yagnavalkya (Dharmasastra) and Kautilya (Arthasastra). The writings talk in terms of pooling of resources that could be re-distributed in times of calamities such as fire, floods, epidemics and famine. This was probably a pre-cursor to modern day insurance. Ancient Indian history has preserved the earliest traces of insurance in the form of marine trade loans and carriersandrsquo; contracts. Insurance in India has evolved over time heavily drawing from other countries, England in particular. Life Insurance in its modern form came to India from England in the year 1818. Oriental Life Insurance Company started by Europeans in Calcutta was the first life insurance company on Indian Soil. All the insurance companies established during that period were brought up with the purpose of looking after the needs of European community and Indian natives were not being insured by these companies. The insurance sector has gone through a number of phases by allowing private companies to solicit insurance and also allowing foreign direct investment. India allowed private companies in insurance sector in 2000, setting a limit on FDI to 26%, which was increased to 49% in 2014. However, the largest life-insurance company in India, Life Insurance Corporation of India is still owned by the government and carries a sovereign guarantee for all insurance policies issued by it. The present study examines the growth Life Insurance business in India. Popular financial tool like CAGR is used for the study along with some popular statistical tools like t-test and ANOVA. Secondary data published by IRDA and the Annual Reports of LICI is used for the study for a period from 2008-09 to 2016-17. The study is empirical in nature.

Nature has been the source of medicinal agents for more than thousands of years, interestingly phytotherapy dominates in age old traditional system and also practice of alternative medicine across different cultures as Indian and Chinese system of medicine and Unani literature respectively. More than 70% of worldandrsquo;s population is rely on herbal medicines for most part of their primary health care system. Investigations have been carried out from time to time to develop types of herbal formulations either singly or in combinations (Polyherbal formulations) to enhance overall therapeutic potential of the formulation. The present study was carried out to ascertain analgesic and anti-inflammatory activities of methanolic extracts of herbal combination containing equal proportion of Diploclisia glaucescens leaf and rhizomes of Curcuma longa in Wistar albino rats. The solvent yield of these extract was 16.75% and colour with dark brown to reddish brown with solid to semisolid consistency. The collected extracts were subjected to phytochemical analysis before animal experimentation, revealed the presence of all major phytoconstituents including alkaloids, flavonoids, saponins, glycosides, tannins and terpene compounds. The analgesic activity was assessed by Eddyandrsquo;s hot plate method and Formalin induced rat paw edema model and anti-inflammatory activity by Carrageenan induced paw edema model respectively. Significant analgesic and anti-inflammatory activity was noticed in the herbal formulation treated groups of both 200 and 400 mg/kg body weight. These test drug activity was sustained and comparable to the standard drug, Ibuprofen and Indomethacin. Thus the study can be concluded that the test drug possess significantly higher analgesic and anti-inflammatory activity possibly due to the presence of manifold secondary phytoconstituents.

Biodiesel, which is an alternative for diesel fuel, has gained considerable attention in the recent past and now gaining recognition among other available renewable fuels. In practice, biodiesel is produced through a process called transesterification in which organically derived oils are combined with alcohol (ethanol or methanol) in the presence of a catalyst to form ethyl or methyl ester. The produced biodiesel should meet the exiting standards for better performance in unmodified diesel engine. Use of biodiesel in a compression ignition engine was found to develop a highly compatible engine-fuel system with low emission characteristics. Two similar engines were operated using optimum biodiesel blend and mineral diesel oil, respectively. The additional lubricating property present in the fuel resulted in lower wear and improved life of moving components in a biodiesel-fuelled engine. However, this needed experimental verification and quantification. A series of experiments were thus conducted to see the fuel consumption of the various concentrations of biodiesel blends. 100% biodiesel showed lesser consumption rate compared to diesel oil.

IT project management depends on different kind of attributes such as planning, organizing, and different kind of affairs in information technology (IT) goals. IT project management is also responsible for the various kind of software development, hardware and network,install and upgrades, cloud computing and virtualization establishment, analytics and data management projects etc. IT Project Management now a dayandrsquo;s is not only an area or working affair for better IT affairs but also s field of study. Internationally many universities have started the program on IT Management with different level viz. Bachelor, Masters, Doctoral. This paper is conceptual in nature and mainly deals with the basic concept of IT Management, Function and features of IT Management. The paper also explores about the emergence of IT Management related areas and including the basic role of IT Manager in simple and general context.