Cover Story
Indian Telecom Industry: Mobile Wars -- Amit
Singh Sisodiya
With the Reliance juggernaut throwing its hat, the battle to have a pie in India's lucrative telecommunications market has just got intensified. The ongoing price war has seen tariff rates tumble down even below the price of a post card! This holds a promise for the country where teledensity is way behind the world average. Enter the mobile wars. © IUP. All Rights Reserved.
Spotlight
Derivatives : Futures just happened -- Amit Singh Sisodiya
In spite of several regulatory and infrastructural constraints, the derivatives trading has come-off triumphantly, thanks to the market's growing fancy for stock futures. © IUP. All Rights Reserved.
Case Study
J C Penney's Turnaround : The charm of centralization -- C S V Ratna
Like most other mid-market retailers of its time, J C Penney was disadvantaged by the discounters and specialized retailers. To survive, it had to cut costs to beat the discounters and offer better merchandise to compete with specialized retailers.
© IUP. All Rights Reserved.
International Finance
Hedge Funds : Debate of regulation: The move to regulate hedge funds is ridden with lethal consequences. Why! -- CH Rajeshwer
Hedge funds have always shared a love-hate reputation in the financial markets. In the wake of South-East Asian crisis of 1997, Mahathir Mohamad accused them of destabilizing their currency and presented them as villains of global finance.© IUP. All Rights Reserved.
LATIN AMERICA : Losing the luster -- K B S Kumar
A combination of economic, democratic, social and political woes have affected the health of latin economies. The Argentine and Brazilian economic turmoil had a Domino effect on the adjoining countries. However, there are a few exceptions. Are there any lessons from these countries?© IUP. All Rights Reserved.
Financial Markets
RetaiL Trading in Gilts : Any takers? -- D Satish
Though the government has taken steps to encourage retail interest in gilts, it remains to be seen whether the investors would be interested.
© IUP. All Rights Reserved.
Corporate Finance
Cash flow analysis : Turning the wheel back -- A Sowdeepti
From the heap of the disgraced reporting practices one yardstick stood out as the least pliable tool for manipulation. It is the confirmation of the reliability of the age-old yardstick namely cash flow analysis and cash from operations
© IUP. All Rights Reserved.
Business Environment
Gold Prices : Is the spurt for real? -- N Janardhan Rao
Gold prices are rising in a climate of war and uncertainty. However, the moot question is will this trend continue?© IUP. All Rights Reserved.
By Invitation
The NPA problem : Miles to go
Securitization Act is a fine, comprehensive and an extraordinary piece of legislation. It is a giant leap forward in the realm of financial sector reforms, says Sardar Narinder Singh Gujral, Chairman and Managing Director, Punjab and Sind Bank© IUP. All Rights Reserved.
Tax Reforms : Towards the right direction:
Low taxation rates and no exemptions are what the economy needs now and forever. The withdrawal of all tax exemptions would improve capital allocation, and the productivity of savings and investments in India, says Gopalan Ramachandran, Financial Analyst, Business Economics and Risk Management, Chennai© IUP. All Rights Reserved.
Derivatives trading in india : Taking stock
When market participants spotted the moneymaking opportunities by combining options with futures, it helped growing options volume also, says Sandeep Singal, Head - Derivatives, SSKI & Sharekhan, Mumbai.
© IUP. All Rights Reserved.
Strategy
Market Share : Does it lead to profitability? -- Anindya Roy
Firms seek market share to increase profits. Empirical studies have also indicated that there is a positive relation between market share and firms' profitability. Is all this about to change in the new business environment© IUP. All Rights Reserved.
Debate
Can Indian Banks solve the NPA problem through Securitization Act?
Handling Non-Performing Assets (NPAs) is the greatest problem for the banking sector world over. the problem is predominantly acute in India with NPAs accounting to thousands of crores. The spiralling NPAs cut off funds to potential borrowers thereby affecting the capital formation and limit the optimal use of one of the important factors of productioncapital. For banks, especially the effect of large NPAs is devastatingmeans reduced interest income, additional provisioning, erosion in capital and reduction in competitiveness © IUP. All Rights Reserved.
Research Summary
Corporate Governance in Indian Banks -- D G Prasuna
The Indian banking sector is moving away from government ownership to private ownership. This shift increases the need for implementation of Corporate Governance mechanisms © IUP. All Rights Reserved.
|
