...Futures And Options Dummy Variables In The Conditional Variance Equation.The Introduction Of Derivative Trading On Spot Market Volatility Of Nifty And Concluded That Price Sensitivity To Old News Is Higher During Pre Future Period Than Post Future Period And With Introduction Of Future, Market Volatility Is Determined By Recent Innovation. They Also Explored Effect Of Future Trading On Spot Market Volatility By Using Garch Model On Cnx Bank Nifty And Found That There Is No Impact Of Future Trading On Spot Market Volatility. However, Impact Of New News Increased And Persistence Effect Of Old News Decreased In Post Future Period. 2. Impact Of Derivative Trading On Stock Market Volatility In India: A Study Of S&P CNX Nifty. Ruchika Gahlot, Saroj K. Datta, Sheeba Kapil The Purpose Of The Study Is To Examine The Impact Of Derivative Trading On Stock Market Volatility. The Sample Data Consist Of Closing Prices Of S&P Cnx Nifty As Well As Closing Prices Of Five Derivative Stocks And Five Non Derivative Stocks From April 1, 2002 To March 31, 2005. The Study Uses Garch Model To Capture Nature Of Volatility Over Time And Volatility Clustering Phenomenon Of Data. The Evidences Suggest That There Is No Significant Change In The Volatility Of S &P Cnx Nifty, But The Structure Of Volatility Has Changed To Some Extent. However, Results Show Mixed Effect In Case Of 10 Individual Stocks. These Results Can Assist...
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...Impact of derivative trading on the volatility in the stock market of India -Abhinav Barik Abstract This research paper focuses on the impact the derivative trading has had on the stock market of India. The impact is judged by the change in the volatility after the introduction of the derivative trading. In this paper 5 stocks are taken on which derivative trading was introduced and 4 stocks on which derivative trading was not introduced. The daily closing price of those stocks was taken for two periodspre derivative period and the post derivative period. These were analyzed using GARCH model to find the variance equation and then the GARCH coefficients from this equation were compared using the Wald test to check if the volatility has actually changed. The study suggests that the volatility has decreased for 4 companies, increased for 2 and two other companies did not show any significant change in the volatility. * Keywords: volatility, derivative, correlogram diagram, unit root, GARCH, Wald test *MBA student (2010-12), ICFAI BUSINESS SCHOOL, Hyderabad barik.abhinav@rediffmail.com 1. Introduction Derivative trading was introduced on the individual stocks of the Indian market in the year 2001 by SEBI. This was with a view to decrease the risk taken by the investors and to increase the investment opportunities. Since the derivative market and the spot market are linked so that the risk can be transferred, therefore the investors if want to transfer their risk...
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...treated grey water can be in air conditioning and fire suppression.These applications do not requires high quality water. Recycle of grey water protects the most important source in our life by decreasing the use of freshwater also it reduces References 1. Argunwamba J.C. grey water reuse for irrigation, international journal for applied science and technology vol 2 no.8 October 2015 2. Anwar, Effect of Laundry Grey Water irrigation on soil properties, journal of environmental research and development 2011 3. Misra, R.K. and sivongxay , a reuse of laundry Grey water as affected by its interaction with saturated soil , journal of hydrology 2011 4. A H M Faisal Anwar 2012 international conference on future environment and energy 5. Saroj B. Parajane performance of grey water treatment plant by economical way ...
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...BHARATIYA MAHILA BANK (BMB) India's first women's bank, Bharatiya Mahila Bank was inaugurated in Mumbai by Prime Minister Dr. Manmohan Singh on the birth anniversary of Shrimati Indira Gandhi. One of the key objectives of the bank is to focus on the banking needs of women and promote economic empowerment. It is being looked upon as the beginning of a unique new institution that will provide financial services predominantly to women and women self-help groups to the small businesswomen and from the working woman to the high networth individual. Even though the bank is making its debut in metros and urban centre, it will enter rural areas before March 2014 and will focus on centres where working women population is significant. In Budget 2013-14, the Finance Minister had announced setting up of all-women bank with an initial capital of Rs 1,000 crore. Only 26 percent of women in India admit to having a bank account. Since fewer women than men have bank accounts, fewer women are able to get loans. Per capita credit in the case of women is 80 percent lower than in the case of men. Hence the need for a bank that predominantly serves women. Bank credit is expected to grow at a compounded annual growth rate of 16.5 percent during the twenty year period from 2010 to 2030. That will mean a twenty-fold increase from the level of credit in 2010. The deposit base is expected to grow at a compounded annual growth rate of 14.6 percent that is 14 times the level of deposits in 2010. Assuming...
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...Marriage and Divorce Marriage is no longer a dependable family tie. Today’s society looks at divorce lightly but there are cases where one should divorce and where one should omit divorce. Couples divorce for many reasons, some matters are solvable other are not. People now a days divorce for dissatisfaction in sexual life, lack of communication, or are having financial problems. These kinds of problems may be solved by going to a marriage council. There are much stronger reasons to why a spouse should divorce. One should divorce if there are emotional or physical abuse, marital infidelity, drug or alcohol addiction and, contradictory differences. As humans, we are not perfect. We make mistakes, and usually learn from them but there are other cases where humans cannot control their behavior. Some bad actions and behaviors are really difficult to change. It takes a lot of time, and strength to overcome. There are problems that one cannot solve. First problem that some couples face is emotional and physical abuse. Couples who are physically or emotionally abused should divorce right away. According to Cathy Meyer, a journal writer from about.com, if he or she hits, slaps, shove or punches their mate, their behavior will continue. The spouse will repeat his or her action. The person who is being abused should know that it is not their fault that no one deserves to be hit, slapped, shove, or punched no matter what the issue is. As a personal experience, I have been a victim...
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...The purpose of our research is to understand how economics works with cloud computing. Is economics the way to go with cloud computing? What is the general understanding of economics when it comes to cloud computing? How will businesses benefit from cloud computing? Will cloud computing work within a budget of an organization? Businesses will economically grow and benefit with cloud computing. Cloud computing has significant implications for the way companies, businesses, and governments access and use information technology. It enables users to remotely access scalable, high-powered computing services via broadband networks from a range of devices, all on-demand. Cloud computing has the potential to provide users with increased computing capability, greater efficiency, and lower energy and infrastructure costs. According to Kevin Jackson of Forbes.com he describes cloud computing as a metrics. According to Kevin Jackson the four sets of cloud computing economics are the number of unique customer sets, customer set duty cycles, relative duty cycle displacement and customer set load. These metrics reduce resources and creates more resource demand. According to Mr. Jackson of Forbes.com this “properly balancing these factors across a well characterized user group can lead to approximately 30-percent savings in IT resources, and enables the near real-time modification of the underlying physical infrastructure required for the delivery of the desired “illusion of infinite...
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...Every year, around 300,000 students from over 100 countries across the world are found heading to Australia for their studies. Australia is also home to five out of the 25 most livable cities across the world. Insofar as Nepalis students are concerned, the country had stood third after the United Kingdom and the United States in the list of most sought-after academic destinations just a few years ago. Now, however, it has climbed to the top spot. The fact that Australia boasts world-class academic institutions, part-time and post-study work facilities and a relatively safe environment insofar as the students’ investment is concerned are what have made it the most preferred place for higher study at present. Records from Nepal’s Department of Scholarship at the Ministry of Education show that of the around 15,000 No Objection Certification Letters have been issued for 64 countries in the last eight months of the current fiscal year, 8,959 have been for Australia alone. The number of Nepali students opting for an Australia n education had soared in the year 2007-2009, but dropped significantly thereafter when the Australia n government issued stricter visa regulations for students. The adoption of the streamlined visa policy (SVP) two years ago, however, has raised figures once more. It was in order to ensure that only genuine students are given opportunities to pursue higher education that the Australia n government had introduced the new visa policy for international students...
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...A Review On Guru (2007) Submitted by: YOUR NAME YOUR NAME YOUR NAME BPUT Regd No: BPUT Regd No: BPUT Regd No: Guided by: NAME OF TEACHER Department of MBA IMIT, Cuttack Contents Title Page No. Production 3 Cast and Crew 4 Plot Summary 5-6 Characterization 7-9 Direction 10 Director’s Movie Collection 11 Music 12-13 Movie Review 14-16 A Biographical Sketch 17 Drawbacks of the Movie 18 Conclusion 19 2 Production Guru was written and directed by Mani Ratnam, while Vijay Krishna Acharya wrote the Hindi dialogues. Shooting for the film took place in Mumbai, Turkey, Badami and Melkote (both in Karnataka), as well as in Chennai, Pollachi, Madurai, Chettinad region Tamil Nadu, and Athirapilly in Kerala. Much of the film was shot on the Express Estates, the former home of The New Indian Express and Dinamani. During one musical number, Aishwarya Rai fell from a bicycle and received bruises on her hands and feet. Filming had to be suspended for a few hours while she received first aid and the number was cut from the film and eventually replaced with “Barso Re”. Several scenes were deleted from the final theatrical version, including a scene in which Sujata first gives birth to a stillborn child and a scene in which Guru becomes angry with Sujata for visiting Manik Dasgupta. Guru has been described by Ratnam and others involved in the production as a film that is reflective of...
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...Customer is the kingpin for the development of trade, industry and services sector particularly in financial services. So, the significance of customer services in the banking sector came to force to compete in a market driven environment. Banks these days provide a variety of services ranging from opening a savings account to internet banking, granting loans to selling insurance, providing locker facilities to transferring money abroad. Their customers come from all classes of society from a salaried group to a Multi National Corporation having its business activities all around the world. The banks have to satisfy all the customers belonging to different social groups. Measuring services quality in the services sector particularly in the banking sector is more difficult than measuring the quality of manufactured goods. The banking has therefore become more complex and requires specialized skills. People working in banks act as a bridge between the bank and the customers. They are the people who face customers directly and are the first ones to know what customer actually needs. The concept of customer satisfaction and services quality is interrelated with each other. Moreover satisfaction of customer depends upon services quality and service quality is increasingly offered as a strategy by marketers to position themselves more effectively in the market place. As survival of the fittest has become the order of today, every bank is trying woe the best customer who is common for...
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...rqutgyweuiyjkwt87ygwhtyu7oeflnbv ,njmbb0butuqeruy0438ti340ioguergjbhjglblkb jnf;rgaj;HJg;ja;gbejyerGKJq'hldnmtjfd.,nbm;lkhfdj.b,nmfda.;hjf;hbdx Mahatma Jotiba Phule: – An Educational Philosopher – Dr Rajni Bala & Navjoti Marwaha Abstract Experiments of great thinkers and educationists can act as beacon light to guide our thoughts. One such thinker, teacher, educationist and social revolutionist we had in India was Mahatma Jotiba Phule. He lived and worked in Maharashtra. The purpose of this article is to look into his thoughts and ideas as an answer to the present challenges of education and inequality in India. His thoughts and ideas were revolutionary. His single aim was universalization of primary education. Mahatma Jotiba Phule concentrated on need of Primary education, the essential qualities of Primary teacher and the curriculum of Primary education. He gave importance to upliftment of lower castes and women education and took necessary steps for this at that time. His wife had the pride of being the first lady teacher. He was a very noble thinker, reformer, educationist and social revolutionary. Introduction Among many thinkers and theorists, one comes across in the field of education, a very simple yet convincing, and impressive contribution of Mahatma Jotiba Phule. For him education was not just literacy. If we look at the phenomenon in totality it will be clear that for him education was for social change in real sense of the term. He was the forerunner...
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...REASONS BEHIND DISCRIMINATION AGAINST WOMEN WITHIN A RURAL HOUSEHOLD IN A DEVELOPING COUNTRY. Dr. RAM MANOHAR LOHIYA NATIONAL LAW UNIVERSITY FINAL DRAFT ON REASONS BEHIND DISCRIMINATION AGAINST WOMEN WITHIN A RURAL HOUSEHOLD IN A DEVELOPING COUNTRY. Subject: Sociology Under the supervision of: Submitted by: ( ) ( ) Dr. Sanjay Singh Priyamvada Priyadarshini Professor (Dept. Of Law) B.A LL.B 1st SEM (Sec B) Dr. RMLNLU Roll no. – 92 ACKNOWLEDGMENT I owe my deepest gratitude to Dr. Sanjay Singh for giving me this golden opportunity to propose the project on this topic which has helped me in doing lot of research and understanding the variable aspects of the topic. I would also like to thank my family members and friends for their kind support and encouragement. I would like to express my special thanks to those original thinkers I have taken to privilege to quote. I would like to thank the local people of Azamgarh and Govindpur for helping me in completing my research. It would be wrong on my part if I don’t mention the grace of ‘Almighty’...
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...Indian Women: Natural Potential to be an Entrepreneur Abstract: Economy of any country can’t boom without participating women. Entrepreneurship plays a great role in contributing national income. Women have all the necessary qualities that are required to be an entrepreneur. Women are required to identify their qualities and come forward to give their contribution in economic growth. They may face some problems while setting up their enterprise but they should not loose hope they have some natural strength that can be advantageous for them some problems but they have some strength that is advantageous for them This article is an effort to know potential of women and their ability to be an entrepreneur Indian Women: Natural Potential to be an Entrepreneur Entrepreneurship as a strategy to promote enterprise can be successful only if Introduction: It is general belief in our society that role of women is restricted in four walls of home or you can say women are involved in mainly household activities like cooking and reading. Economy of any country can’t boom without contributing women. The growing industrialization, urbanization and social legislation and with the spread of education and awareness women have shifted from kitchen to higher level of professional activities. Today’s women are taking more and more professional and technical degrees to cope up with market need. The position of women and their status is any society is an index of its civilization. Women...
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...Group A5- Psycho Engineers a.)Topic of the project: Measuring whether perceived career stagnation in early career may have impact on factors such as employee motivation, job satisfaction and turnover intention. b.)Scope of the project: In this project we plan to analyse whether professionals in the early stages of the career (work-experience less than 5 years) feel early career stagnation and how it impacts factors like their job motivation, turnover intention, etc. The group also identified following parameters which were possibly affected due to career stagnation: a. Motivation b. Job satisfaction c. Turnover Intention Some mediator factors identified by us which can affect the relationship between career stagnation and identified parameters are: 1. Gender 2. Educational Background 3. Age In the common pyramid-shaped organisations majority of the individuals face a point where hierarchical advancements seem unlikely. In such a situation we say that the employee has hit a career plateau or that his career has stagnated. In some situations although the employee has hit a plateau he/she still continues to do his/her job efficiently with no decrease in output. However , for some employees the career plateau may adversely impact job satisfaction, motivation, willingness to stay in the organisation ,etc. It is the latter case also known as the “deadwoods” who need extra attention from the management and our study focuses on analysing the effects of career stagnation...
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...CASE 22 Cultural Norms, Fair & Lovely, and Advertising Fair & Lovely, a branded product of Hindustan Lever Ltd. (HLL), is touted as a cosmetic that lightens skin color. On its Web site (www.hll.com), the company calls its product “the miracle worker,” “proven to deliver one to three shades of change.” While tanning is the rage in Western countries, skin lightening treatments are popular in Asia. According to industry sources, the top-selling skin lightening cream in India is Fair & Lovely from Hindustan Lever Ltd. (HLL), followed by CavinKare’s Fairever brand. HLL Fair & ’s Lovely brand dominated the market with a 90 percent share until CavinKare Ltd. (CKL) launched Fairever. In just two years, the Fairever brand gained an impressive 15 percent market share. HLL’s share of market for the Fair & Lovely line generates about $60 million annually. The product sells for about 23 rupees ($0.29) for a 25-gram tube of cream. The rapid growth of CavinKare’s Fairever (www.cavinkare .com) brand prompted HLL to increase its advertising effort and to launch a series of ads depicting a “fairer girl gets the boy theme.” One advertisement featured a financially strapped father lamenting his fate, saying, “If only I had a son,” while his dark-skinned daughter looks on, helpless and demoralized because she can’t bear the financial responsibility of her family. Fast-forward and plain Jane has been transformed into a gorgeous light-skinned woman through the use of a “fairness cream,” Fair & Lovely...
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...ANALYSIS OF MARKET COMPETITION, SWITCHING COSTS AND ITS CONSEQUENCES IN TELECOMMUNICATIONS IN NEPAL NAME: SAROJ POUDEL DEGREE: MASTER OF INFORMATION SYSTEMS/MASTER OF INFORMATION TECHNOLOGY COURSE: 7112ICT RESEARCH METHODS IN INFORMATION TECHNOLOGY INTRODUCTION The economics of switching costs and network effects have achieved a significant amount of popular, as well as professional attention in the last few decades. It is presently defined as the core factor for new Information Technology economy. Switching costs originates, if a consumer demands a product, or its related accessories(hardware or software), of his own purchases to be compatible with each other this creates economies of scope among his purchases from a single supplier. Whereas network effects arise when a user wants his system to be compatible so that s/he can interact or trade with other users, or switch to the same compatible system, which leads to the creation of economies of scope between different incompatible products. Thus these economies of scope impacts the consumer’s buying and switching behavior between various products. The state of lock-in arises when the switching cost is sufficiently high so that the consumer proceeds using the same product rather than switching to the different product. Lock in is the state where the cost of switching exceeds the benefits of switching. Economics of switching costs is the summation of various types of switching costs including: compatibility...
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