August 2015 |
Name | : | Editorial |
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Name | : | Performance of Mutual Funds – An Empirical Study with Reference to Reliance Mutual Funds |
Author | : | B. Ravi Kumar |
Abstract | : |
Indian Stock market plays an imperative role in mounting the Indian economy. Now-a-days
it captures the attention of small investors and rural people to invest their hard
earnings in the share market. Among a variety of investment alternatives, MFs, seems
to be viable for all types of investors and is considered as the safest mode of
investment. The present case study is an attempt to understand about the concept
of MFs and their performance. As a part of the study, the sample data has been collected
from Reliance MFs. The collected information was processed by using the tools like
Sharpe Ratio and Treynor Ratio.
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Name | : | Attitude of Faculty Members towards Faculty Development Programs and their Perceived Outcomes |
Authorhor | : | Devkant Kala , D.S. Chaubey |
Abstract | : |
A confluence of social, economic and global forces in the knowledgedriven economy
pose new challenges to the nation's vitality and make clear the need for higher
education institutions (HEIs) to assume new responsibilities. In view of this, faculty
development is considered as an enduring process that enhances the productivity
of academics for helping faculty to play their instructional, professional, and
organizational roles effectively. It promotes academic excellence and innovation,
sharpens conceptual, human, and technical skills of faculty and enables academic
institutions to produce employable graduates. Faculty development programs (FDPs)
are a means to expose the faculty in higher education to review, renew and extend
their commitment as change agents to the moral purposes of teaching; and by which
they acquire and develop their knowledge, skills and attitudes. The present study
investigated the attitude of 124 faculty members, working in professional institutes
of Dehradun, the state capital of Uttarakhand, towards FDPs and their perceived
outcomes. Using factor analysis methods, researchers identify five important factors
related to faculty attitude for such development programs. Researchers also attempt
to examine possible outcomes and obstacles in attending such programs.
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Name | : | How IFRS Based Financial Statement Define the Relationship between Capital Structure and Firm's Profitability: An Analysis based on Selected Indian Companies |
Author | : | Mr. Surajit Das |
Abstract | : |
Capital structure is defined as the composition of Debt and Equity. When Company
earn profit, Return on Debt treated as expenses before tax and return on Equity
is the distribution of profit after tax. The earlier study disclosed that there
is a strong relationship between capital structure and firm's profitability when
Indian Companies prepared their financial statement as per Indian Accounting Standard.
But from 2010-11 financial year, some Indian Companies prepared there financial
statement as per IFRS according with Indian accounting standard. In this paper through
multiple regression analysis, try to find out whether the same relationship exists
or not when the Indian Companies prepare their financial statement as per International
Financial reporting Standard. In this study, data have been extracted from the 2010-11,
financial statement which were prepared as per IFRS.
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Name | : | Mapping Online Buyer Behavior: A Critical Review of Empirical Studies |
Author | : | Asad Ahmad , Dr. Mohammed Naved Khan |
Abstract | : |
The world is changing tremendously and there has been a high growth in the technology.
The World Wide Web (www) has brought a revolution in the world. The use of computers
has increased in the last few decades and most of the computer users are familiar
with the internet and interaction with websites. The use of internet has tremendously
increased over the past years and has become a common means for information transfer,
services and trade. The high involvement of people with the internet has brought
out new dimensions in the business world. Online shopping has been observed to be
growing across the world, in particularly those countries where the infrastructure
for marketing facilities is highly developed. Internet is not restricted to networking
platform; it also functions as a borderless transactional platform for consumers.Online
consumer behavior is a bit different from that of the physical market where the
consumers can feel and touch the desired product. Elliot and Fowell (2000) suggest
that further research is urgently required to explore the nature of the groups of
factors that determine Internet shopping behavior. The authors through this paper
have tried to bring out results which will be helpful not only to the marketers
but also the researchers.
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Name | : | Factors of Perceived Risk Affecting Online Purchase Decisions of Consumers |
Author | : | Ankita Popli , Dr. Smita Mishra |
Abstract | : |
Although electronic commerce (e-commerce) is expanding, online sales account for
only a small percentage of the total retail sales. Of the factors that affect online
consumers' purchasing intentions, one is perceived risk. Therefore, in order to
minimize it, understanding of online consumers' risk perceptions and attitudes is
needed. It is difficult to understand and predict people's reactions to risk posed
by online hazards. Therefore, this research initiative studies online risk perceptions
of consumers through literature survey.
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Name | : | TTIP and TPP: Impact on Bangladesh and India Economy |
Author | : | Dr.Golam Ahmed Faruqui, Dr.Laila Arjuman Ara, Md. Qamruzzaman ACMA |
Abstract | : |
The aim of this paper is to investigate the potential economic impacts of tariff
eliminations under TPP and TTIP on various macro and trade variables of Bangladesh
and Pakistan. In this context, a standard computable general equilibrium (CGE) analysis
has been adopted by using the Global Trade Analysis Project (GTAP) model and database
to explore the aggregate impact as well as sectorial implications. The analysis
evinces that under completely integration in terms of tariff elimination under these
two mega deal, both Bangladesh and India could face tremendous negative impact on
their economy. The analysis also consider that if Bangladesh and India may consider
joining to the TPP to minimize the negative economic impact due to arise from these
mega deals. Such decision produce positive results that Bangladesh and India could
gain significantly in terms of welfare, real GDP as well as exports. This indicates
that Bangladesh and India should try to enter into the TPP deal.
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Name | : | Development of Textile Industry of India and China: Flying Geese Model Revisited |
Author | : | S. M. Imamul Haque , Ishfaq Ahmad Thaku |
Abstract | : |
The flying geese theory asserts that labour intensive industries tend to relocate
from higher income economies to lower one. It has been quite intact in case of Asia's
textile industry. Textile industry has been relocated from Japan to East-Asia then
to ASEAN and other countries (China, India & Bangladesh). In relocation of this
industry USA import market and cost effectiveness has played important role. However,
Despite China and India possessing almost equal resources and cheap labour, China
is far ahead in the development of textile industry and is dominating world textile
export market. In the development of China's textile industry foreign direct investment
(FDI) had played important role to explore the comparative advantage of China in
Labour intensive manufacturing. While India seems to have shown dismal position
in attracting FDI in labour intensive industries and exploring its comparative advantage
in labour intensive manufacturing as compare to China. To develop and attract FDI
in textile industry of India, China can provide interesting and valuable insights.
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Name | : | Trinity Effects on Current and Capital Account of Foreign Trade in India |
Author | : | Dr. S. Rajaswaminathan, Dr. G. Naresh,Aurojyoti Kar, |
Abstract | : |
Exports and imports of goods and services have grown rapidly since the World War
II. Foreign trade is more important for all the countries to increase the foreign
exchange holdings of all the economies in the current days. An increasing volume
of trade for a country benefits the standard of living of our population as well
as economic development in several ways. In spite of the steady growth in international
trade, there are some frequent concerns about the impact of exchange rate, inflation
rate and MIBOR movements on foreign trade on export and import activities of a country.
This paper empirically investigates the impact of exchange rate, inflation and MIBOR
volatility on the exports and Imports in terms of current account, capital account
and overall account position in India.
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Name | : | Assessing the Service Quality of Northern Railway by using SERVQUAL Model |
Author | : | Dr Bikramjit Singh Hundal, Vikas Kumar |
Abstract | : |
The present study aims to put forth the evaluation of determinants of the passenger
satisfaction on service quality of Indian Railway. Nowadays Service Quality of Indian
Railway has a very high influence on Passenger Satisfaction. Railway has a greater
potential to draw economic benefits from its operations if their service quality
is improved. Railway can perform well only if the passengers are satisfied with
the service they provide, but Railways are missing the passenger service as compare
to Airline Services. Various studies have described a number of dimensions regarding
the Service Quality of Indian Railway. Five dimensions of Service Quality SERVQUAL
were taken in this research paper which is Tangibility, Reliability, Responsiveness,
Assurance and Empathy. The result indicates that a larger gap has been found in
Reliability and Assurance dimensions of Railway service quality and the most important
factors determining satisfaction of passengers are basic facilities, safety & security,
punctuality and employee behavior towards passengers. It was found that the dimensions
that influence the good services were Reliability and Assurance.
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Name | : | Derivative Trading in Indian Capital Market: An Empirical Study of NSE |
Author | : | Mr. Prabina Kumar Padhi |
Abstract | : |
Financial sector reforms in the decade of 1990's have twisted the Indian capital
markets into a dynamic and extensive in the context of world financial market. With
the arrival of globalization in India rigorous efforts are made in reinforcement
the investor assurance. Financial markets are very inventive in augmenting the popularity
of derivatives instruments which exemplifies how resourcefully markets are capable
to package and manage risk. At the present in world markets for trade and business
have become further incorporated, derivatives have strengthened these significant
linkages between global markets, increasing market liquidity and effectiveness.
In India, the emergence and growth of derivatives market is relatively a recent
phenomenon. By locking in asset prices, derivative products lessen the effect of
fluctuations in asset prices on the profitability and cash flow position of risk-averse
investors. Since its inception in June 2000, derivatives market has exhibited exponential
growth both in terms of volume and number of contract traded. Thus the present study
is an effort to analyze derivative trading in India, policy development and regulation
in relation to Indian stock market. It is an endeavour to demonstrate the growth
and expansion of financial derivative of NSE in India in the time period i.e 2000
-2001 to 2012-2013.
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Name | : | A Study of Ethical Standards of Students at the Under Graduate Level and Factors that Influence Ethicality among Students |
Author | : | Jitendra Shreemali |
Abstract | : |
Societal understanding of ethics and values varies across countries and cultures.
This study aims to understand perceptions on ethics and values among Indian students
at the under graduate level. The study investigated the seriousness students attach
to different ethical issues, perceived impact of unethical practices in organizations,
possible ways for prevention or correction of unethical practices in organizations,
perception among students on what constitutes an ethical workplace, understanding
career priorities of students and possible ways to prevent unethical practices among
students like cheating in examinations, plagiarism etc. The primary data for this
study was collected through a structured survey questionnaire evolved through discussion
with students from a purposively drawn sample. The study used was a 10 point scale
and analyzed statistically (92 Students) for 95% confidence (á=5% or 0.05). The
study reveals that while as individuals students do view different ethical issues
with differing degree of seriousness, when aggregated, such differences tend to
even out. This is likely to have an impact on companies wanting to raise the bar
of ethical conduct. The study also shows that loss of company reputation is the
most likely result of unethical practices in companies and that companies play an
important role in evolving/formulating the value system of the society where they
operate. Further the study suggests that students have clear career priorities reducing
the chances of ethical dilemmas and overwhelmingly believe that it is easier to
persuading oneself from committing ethical misdemeanours than persuading others.
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Name | : | Sales Force Attrition Study in Indian Life Insurance Industry |
Author | : | Dr. Anuj Agrawal |
Abstract | : |
The life insurance industry in India is grappling with high attrition levels of
sales force, approximately 30 percent newly appointed sales person are leaving the
job in the same year of appointment as well four years retention rate is as low
as 13 percent only Huge are the costs (direct & indirect) of turning one salesperson
over, turnover then represents the largest area of financial loss for many companies
(Copper, 2012). Present article attempts to compare the sales force attrition trend
of Private and Public Life Insurance Companies operating in India, as well effort
has also been made to find out probable causes (along with remedial measures) of
this high attrition and its effect on company specific as well as on industry.
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Name | : | Framework of Risk factors and Financing Implications for Road Projects in India: Study of Selected Cases |
Author | : | Sankersan Sarkar, Raj K Kovid |
Abstract | : |
Several road projects get stalled during their execution phase – either not completed
in time or continue charging toll without completing the project on pretext of certain
risk factors. The existing frameworks for mapping risk factors for road projects
are unable to capture certain risk factors that are not associated with the stage
of the project and hence such projects face problems in financing. Based on three
cases of road projects in India, this paper attempts to improve upon the existing
frameworks by identifying such risk factors, their consequences and implications
for financing. It is concluded that the practice of allocation of risks to various
parties is in itself not sufficient for the successful execution of the project.
Thus, the study recommends that beyond the allocation of risks there should be a
contingency financing mechanism for the completion of the road projects when they
are seriously affected by the risk factors.
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Name | : | Determinants Influencing Customers' Decision to stay or Swicth with their Service Provider: A Conceptual Study of Banks |
Author | : | Harpreet Kaur, Sangeeta Arora |
Abstract | : |
In this paper, the researchers have projected a conceptual framework to investigate
the determinants influencing customer's decision to stay or switch with their service
providers. Switching behavior and customer retention is possibly an effective contraption
that banks can exercise work out to get a strategic pro and survive in today's escalating
banking competitive situation This study is an attempt to study the factors influencing
switching behavior of the customers and customer retention in the banking sector.
In order to even the development of managerial action, we thrash about what are
those determinants and how are these connected to the switching behavior and customer
retention by reviewing the literature. Our approach and findings have meaningful
implications for managing customer retention in the service sector
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Name | : | Problems and Prospects of Women Entrepreneurs in India in the era of Globalization |
Author | : | Dr. P. Pirakatheeswari |
Abstract | : |
Economic development in any form is the outcome of human activity. Entrepreneurship
is a rapidly rising concern of a modern competitive economy and its contribution
in economy is viably recognized worldwide. Women's development has been considered
the key to the overall sustainable development of a nation. Several central government
and state government departments, government sponsored institutions as well as voluntary
organizations have introduced a multitude of programmes of assistance and incentives
etc, to keep up the tempo and to speed up the process of growth of women entrepreneurship.
Female who play an intriguing role by frequently interacting and actively adjusting
herself with socio-economic, financial and support spheres in society is called
women entrepreneur. Women Entrepreneur' is a person who accepts challenging role
to meet her personal needs and become economically independent. A strong desire
to do something positive is an inbuilt quality of entrepreneurial women, who is
capable of contributing values in both family and social life. “Women entrepreneur
refers equally to someone who has started a one women business to someone who is
a principal in family business or partnership or to someone who is shareholder in
a public company which she runs”. Women have the potential and the determination
to set up, uphold and supervise their own enterprises in a very systematic manner.
Appropriate support and encouragement from the Society in general and family members
in particular is required to help them scale new heights in their business ventures.
The right kind of assistance from family, society and Government can make these
Women Entrepreneurs a part of the mainstream of national economy and they can contribute
to the economic progress of India in this era of globalization. Empowering women
entrepreneurs is essential for achieving the goals of sustainable development and
the bottlenecks hindering their growth must be eradicated to entitle full participation
in the business. Entrepreneurship among women, no doubt improves the wealth of the
nation in general and of the family in particular. Women today are more willing
to take up activities that were once considered the preserve of men, and have proved
that they are second to no one with respect to contribution to the growth of the
economy. Women entrepreneurship must be moulded properly with entrepreneurial traits
and skills to meet the changes in trends, challenges in global markets and also
be competent enough to sustain and strive for excellence in the entrepreneurial
arena.
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Name | : | corporate snapshot |
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Name | : | Economic Update |
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Name | : | Stats Window |
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