COVER
STORY
Outsourcing
Is Here to Stay! - - D G Prasuna
The
word ‘outsourcing’ is becoming ubiquitous, particularly in
speeches of Presidential candidates in the US. This is one
issue that has become a hot topic for debate. On one side
are several US politicians and a handful of economists, who
perceive outsourcing as a great threat to some segment of
American workers. On the other hand, many economists and a
few politicians support the trend as being beneficial to the
US ‘in the long run’. Irrespective of the side that is going
to win the argument, the truth is that, outsourcing is a trend
that is here to stay. It is as irrevocable as globalization
itself.
© IUP. All Rights Reserved
FINANCIAL
SERVICES
Life
Insurance: India versus China -- Dr K C Mishra
China
and India, the world’s largely populated countries, are high
potential markets for life insurance, which are yet to be
explored. With deregulation and opening up of the market for
foreign players, what kind of changes have these countries
witnessed in the life insurance sector? asks K C Mishra, Director,
National Insurance Academy.
© IUP. All Rights Reserved
FINANCIAL
SERVICES
PROVIDENT
FUND reforms : Less hassles - - Indu prasad
In
the past 50 years, policy makers in India have made precious
little progress towards providing a source of income security
for the elderly. Will the recent EPFO reforms undertaken by
the Indian Government help attain that security?
© IUP. All Rights Reserved
FINANCIAL
SERVICES
IDBI:
Universal banking - - Swati Gulati
After
a prolonged financial illness, IDBI is counting on its latest
move to become a universal bank. Will the DFI be of some help?
© IUP. All Rights Reserved
FINANCIAL
SERVICES
Indian
Banks : Expect more FDI - - Phulvinder Kaur
The
RBI has allowed Foreign Direct Investment (FDI) up to 74%
in the Indian private banks. What could be the possible implications
of this move?
© IUP. All Rights Reserved
INDUSTRY
Power
Sector reforms : Can FDI bring the light? - - Phulvinder Kaur
Amidst
the controversies surrounding Enron and AES, can the recent
move of 100% FDI in power sector attract foreign players?
© IUP. All Rights Reserved
INDUSTRY
Oil
Prices : Future perspective - - Andrew McKillop
World
oil consumption has started moving up and has received new
impetus through a combination of higher oil and gas prices,
and through the very fast economic growth of China, India
and other heavily populated-fast industrializing countries.
Enabling this quantum leap in exploration and development
is impossible without much higher, and sustained prices, says
Andrew McKillop, Founder Member, Asian Chapter, International
Association of Energy Economists, Former Expert – Policy and
Programming, Division A – Policy, DGXVII – Energy, European
Commission.
© IUP. All Rights Reserved
INDUSTRY
Indian
Telecom Industry: WLL, ULR, what next? - - Priyanka Sugandhi
The
unified licensing regime, implemented recently, is a major
turning point for the Indian telecom industry.
© IUP. All Rights Reserved
INDUSTRY
The
Indian Passenger Car Segment : Undergoing transformation - - Priyanka Sugandhi
Of
late, the Indian passenger car segment has been the center
of activity. The entry of foreign players has brought in new
technologies and world-class models. With more than 50 models
in the market, we see a transition taking place.
© IUP. All Rights Reserved
INDUSTRY
FMCG
Industry: Leading Davids, lagging Goliaths - - Swati Gulati
The
big companies in the FMCG sector are facing a tough time with
shrinking category and threat of low-cost competition from
regional players.
© IUP. All Rights Reserved
FINANCIAL
MARKETS
RISE
OF VOIP Stocks :Déjà vu? - - A Sowdeepti
Declared
dead just a few years ago, VOIP—the technology that facilitates
Internet telephony—is back with all the signs of the Next
Big Thing. And unsurprisingly, VOIP stocks are sky-rocketing.
But, the reminiscence suggests that VOIP gold rush is akin
to dotcom bubble.
© IUP. All Rights Reserved
FINANCIAL
MARKETS
South-East
Asian Markets : In the reckoning - - D Satish
Despite
the recent scare of SARS and Bird Flu, the South-East Asian
markets have shown tremendous resilience and have been an
attractive destination for global funds.
© IUP. All Rights Reserved
BUSINESS
ENVIORNMENT
German
economy: At the crossroads - - Kunal Kumar Kundu
The
labor market rigidity has resulted in increasing output gap
for the German economy, despite the inflation rate remaining
more or less stable, says Kunal Kumar Kundu, Senior Economist,
Indo-German Chamber of Commerce.
© IUP. All Rights Reserved
BUSINESS
ENVIORNMENT
Global
Oil prices: Soaring northwards - - Sharath Jutur
In
the post-Iraq war scenario, while many experts expected the
oil prices to fall, in reality, the prices have risen. How
would this affect the global oil markets and the economy as
a whole?
© IUP. All Rights Reserved
CORPORATE
STRATEGY
TATA
MOTORS + DAEWOO COMMERCIAL : Global ambitions - - Swati Gulati
The
recent acquisition of Daewoo Commercial by Tata Motors has
gained recognition for Daewoo and has enabled the company
to improve its image of a third world company operating in
a near first world economic environment.
© IUP. All Rights Reserved
RESEARCH
SUMMARY
Foreign
Participation and Market Concentration - - Nidhi Joshi
The
overall level of foreign bank participation seemed to influence
spreads indirectly through its effect on administrative costs.
The focus is on how foreign participation and market concentration
impact bank spreads.
© Maria Soledad Martinez Peria and Ashoka Mody, “How Foreign
Participation and Market Concentration Impact Bank Spreads:
Evidence From Latin America”, World Bank. All Rights Reserved.
IUP holds the copyright for the summary. |
