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    ii

    I, AMIT KUMAR declare that the project report entitled CHILDREN POLICY IN

    INSURANCE AND ITS FUTURE PROSPECTUS being submitted to the

    U.P.TECHNICAL UNIVERSITY for the partial fulfillment of the requirement for the degree

    of Master of Business Administration is my own endeavors and it has not been submitted

    earlier to any institution/university for any degree.

    Date: Place: LUCKNOW

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    iii

    ACKNOWLEDGEMENT

    The six weeks Summer Training at HDFC Life have been a great learning experience. It has

    been one of the most enriching experiences for me to work along with the employees of one

    of the best managed organizations, a company rightly considered as the Navratna among the

    public sector undertakings of the India.I am very thankful to Sh. Aman Tandon (Marketing) who has given an opportunity to learn

    about the procurement procedures followed here by allowing me to undergo training at their

    Marketing (Concurrence) Department. He gave me full support to learn the crucial things of

    this whole exercise. I am thankful to sir for the his kind support in completion of this

    project report by guiding me throughout my training, for his support, guidance and providing

    the valuable information from his vast experiences which has enabled me in

    successfully completing the Summer training which is an essential part of my MBA course

    curriculum.

    Amit kumar

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    PREFACE

    This project report deals with the procedures, practices and guidelines adopted by the HDFC

    LIFE with respect to the procurement of various goods and services which are essential for

    carrying of the smooth functioning of the activities performed at the office. These practices

    are followed during all procurement by HDFC LIFE. The purchase procedure starts at

    Indenting by the department that requires the material and goes to the cost department and

    finance department for required approval and vetting. A brief introduction about the

    procedure along with the procurement policy is given along with the recommendation and the

    limitations of the procurement system. Furthermore this project aims to analyze the financial

    strength of the company and aims to interpret them thereof with the help of ratio analysis

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    v

    TABLE OF CONTENTS

    S.N TOPIC PAGE

    NUMBER

    1 INTRODUCTION OF TOPIC 1

    3

    3 OBJECTIVE OF STUDY 4

    4 INTRODUCTION OF NTPC 5

    6 POWER STATION IN INDIA OF NTPC 9

    7 RESEARCH METHODOLOGY 12

    8 PROCUREMENT STEPS 13

    9 TENDERING PROCEDURE 14

    10 RATIO ANALYSIS OF NTPC 40

    11 FINDINGS 63

    12 RECOMMENDATION 64

    13 LIMITATION OF STUDY 65

    14 CONCLUSION 66

    15 APPENDIX 69