017599   Dhar P;Das S K (NO, West Bengal State University, Barasat, Kolkata-700 126, Email: pranamdharit@yhoo.com) : Critical evaluation of special economic zones (SEZs) in India. Int J Inf Comput Sci 2010, 13(1), 34-45.

SEZ is a special duty-free enclave, designed in a comprehensive range of economic activities for manufacturing, trading and financial services in an industrially, urban-friendly environment. The Government of India' took initiative, particularly at the. beginning of this Century for establishment of SEZs throughout the country, SEZs are playing an important role in augmenting export and creation of employment opportunities, But the expansions of SEZs are not free from predicaments, Several controversial issues have put question mark over the rising growth of the SEZs, Considering the present scenario in India, this paper argues that some structural adjustments are necessary for proper functioning of the SEZs in new internationally-oriented business environment of India.

4 tables, 11 ref

016526   Vijay Kumar M;Murthy A N N;Chandrasekhara K (Mechanical Engineering Dep, JSS Academy of Technical Education, Bangalore, Email: vijayjss@yahoo.com) : Dynamic scheduling of flexible manufacturing system using heuristic approach. Opsearch 2011, 48(1), 1-19.

The problem of decreasing production costs through an appropriate management of available resources is fundamental in the field of industrial production. The performance of a flexible manufacturing system (FMS), not properly supported by an efficient resource management strategy, may be drastically limited, & the advantages derived from its flexibility in terms of production costs may suffer a sharp reduction. Furthermore, an FMS is composed of a large number of components, thus making the identification of a correct strategy for the management more difficult. In this paper a heuristic based genetic algorithm is proposed for generating optimized production plans in flexible manufacturing systems. The ability of the system to generate alternative plans following part-flow changes & unforeseen situations is particularly stressed (dynamic scheduling). The Key-point objective is the reduction of machine idle time obtained by an optimized evolutionary strategy needed to reach the optimal schedule in complex manufacturing systems.

4 tables, 28 ref

016525   Santhiyavalli G (NO, Avinashilingam Institute of Home Science and Higher Education for Wome, Coimbatore-641 043) : Customer's perception towards service quality a case study of ICICI bank. Res Highlight 2011, 21(4), 245-54.

6 tables, 6 ref

016524   Dhanasree K;Pradeep Kumar P B;Prasad S V (Estension Education Dep, S V Agricultural College, Tirupati-517 502) : Item analysis of marketing management behaviour of self help group leaders. Andhra Agric J 2011, 58(2), 243-5.

Marketing plays a crucial role for better performance of the enterprise. Marketing management behaviour holds good to think and plan effectively with good quality of finished product, holds good consumer favour products that offer the most quality features, deals with needs and wants of target markets and delivering desired satisfactions most effectively (Musser et al., 1996). The present was conducted in East Godavari district of Andhra Pradesh. Findings showed that majority of the self help group leaders were under high category of grading the products. It could also be observed that majority of self help group leaders possess moderately favorable attitude in marketing their products.

3 tables, 2 ref

014247   Vijayalakshmi N K;Madegowda J (Commerce Dep, Kuvempu Univ, Jnana Sahyadri, Shankaraghatta-577 451, Email: madegowda@kuvempu.ac.in) : Product recall:an evaluation of few issues. Indian J Market 2012, 42(5), 4-9.

16 ref

014246   Vanlalramsanga C;Ramesh G (G-20 India Secretariat, Economics Affairs Dep, Ministry of Finance, Government of India, Ground Floor, Jeevan Vihar Building, 3, Parliament Street, New DElhi-110 001, Email: vanlal@nic.in) : Foreign exchange reserves:component-wise analysis. Indian J Finance 2012, 6(4), 4-15.

Recently, there has been an intense discussion among policymakers, including the G20 regarding the effective measurement and monitoring of global liquidity and a country-specific analysis regarding drivers of reserve accumulation, including by developing metrics to reserve adequacy, with a hope to contribute to an improved understanding and functioning of the International Monetary System. Most emerging countries, including India, argued that reserves should be seen as a part and parcel of the global financial safety net (GFSN), with reserves and strong fundamentals as the first wall, regional financial arrangements as the second wall, and global multilateral institutions as the third wall. On the issue of reserves management, the reserves built up, as in the case of India, have been essentially used to contain volatility in the event of capital flow reversals. While evaluating the level of reserves and the quantum of self-insurance between countries, distinction needs to be made between countries whose reserves are a consequence of current account surpluses and countries with current account deficits, whose reserves are a result of capital inflows. India falls in the latter category, with essentially borrowed resources in contrast to countries with current account surpluses. World foreign exchange reserves grew from USD 1.2 trillion in January 1995 to more than 9.6 USD trillion in December 2010. In emerging-market economies alone, reserves have increased many-fold during the past decade, and at present, are estimated at over US$5 trillion. The data on the composition of official reserves indicated that reserve managers have approached diversification cautiously. The bulk of foreign-currency reserves are still invested in bank deposits and government securities, and the US dollar has maintained its place as the dominant reserve currency, though declining in share. The primary reason to hold reserves is to be prepared for contingencies. However, while accumulation of reserves may complement sound domestic policies to provide countries with a flexible, stigma free, and easily accessible buffer against external shocks, it comes with costs.

11 illus, 2 tables, 13 ref

014245   Sunil Kumar (Commerce Dep, College of Vocational Studies, (Delhi Univ), Triveni Sheikh Sarai, Phase-II, Delhi-110017, Email: sjaspa@yahoo.co.in) : Foreign direct investment in multi-brand retail:opportunities and threats. Indian J Market 2012, 42(5), 47-52.

22 ref

014244   Silva S K P N (Electronic and Computer Engineering Dep, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka, Email: niranga.s@sliit.lk) : Developing a total preventive maintenance (TPM) plan for flatlock sewing machines: A case study in the apparel industry in Sri Lanka. Prabandhan: Indian J Mgmt 2012, 5(4), 12-22.

Development of systematic, measurable, achievable, realistic and time-bound schedules to maintain machines in the production line would contribute to improving the efficiency and effectiveness of the production line. As an approach to practice this, TPM can be more appropriate in the apparel manufacturing organizations. In order to accomplish this task, the managers of apparel organizations can use TPM techniques systematically to reduce breakdowns in sewing machines. As implementation of TPM concepts is still in the development stage (less than five years experience), the full benefit is not achieved yet. However, current situations suggest that the apparel industry can go forward with TPM. Therefore, organizations of similar type can use the research outcomes as a knowledge base to overcome the problematic areas. Findings of this research can be valuable to other organizations of Sri Lanka, which hope to implement TPM in the near future. The analysis reported in this paper has been carried out for Flatlock sewing machines in a single production line of a selected apparel organization. In future, researchers can develop more general maintenance schedules for different types of sewing machines, for several organizations across the apparel industry.

5 illus, 6 tables, 8 ref

014243   Sharma S K;Choudhury D K (Mechanical Engg. Dep, N.I.T., Kurukshetra) : Documentation control system for execution of contract packages for construction of oil refinery. Productivity 2010, 51(2), 174-88.

The documentation system and control is most significant in construction of a project. A project can not progress properly unless there is a proper documentation system and control. The execution of a refinery project is done with respect to documents such as tender documents, drawings, technical specifications, work procedures, quality assurance plan, project construction schedule, etc. With this thing in mind, a Documentation Control System (DCS) for project execution has been derived taking into consideration the views and suggestions of main three players of a project-Client, Project Management Consultant, and Contractor. The research was conducted in refinery construction project site in India during construction of Panipat refinery expansion project through distribution of structured questionnaire on DCS to the Client (Indian Oil Corporation Ltd, the major Oil Producing Company in India), two Project Management Consultants (Engineers India Ltd and Toyo Engineering) and four Construction Contractors (Larsen & Toubro, Bridge & Roof, Punj Lloyds, and Indian Oil Tanking Ltd.) and collection of the views and suggestions of people working in key positions through personal interview. The DCS was finalized fulfilling the need of Client, Consultant, and the Contractor as also taking care of the requirement of ISO 9001 to ensure global uniformity. The Clients in both private and public sector, PMC and Contractors may find extensive use and application of this DCS in project execution.

5 illus, 7 tables, 5 ref

014242   Sandhu N;Sandhu S S (NO, Guru Nanak Dev Univ, Amritsar, Punjab, Email: sandhunamrata@gmail.com) : Revisiting myths associated with derivatives:an empirical study. Indian J Finance 2012, 6(4), 44-50.

The current study has revealed that gross misconceptions are prevalent among Indian investors regarding derivatives. These could have significantly contributed towards holding back derivatives trading in India. Past data on derivatives trading in India has divulged that although derivatives trading in India has accelerated in the last decade, and particularly in the year 2010, much is still desired (Subramanyam, 2011). This becomes especially conspicuous when the Indian volumes of derivatives trading are compared with the volumes of derivatives trading in developed countries (Leipzig, 2011; 2). Also, a large proportion of investment in derivatives in India is done by foreign investors (Subramanyam, 2011) as against Indian investors who have shown an extreme reluctance in investing in derivatives. Once again, this reluctance could be on account of a flawed comprehension of derivatives instruments. It is therefore, suggested that these myths should be effectively dispelled and investors should be educated regarding the true purpose of derivatives. Not only will this ensure that derivatives are invested in and understood in the spirit in which they were originally designed, but also improve their volume of trading.

4 tables, 22 ref

014241   Ramalingam S (NO, , Energy & Fuel Users Association of India) : Entrepreneurial opportunities in energy market. Energy Fuel Users J 2010, 60(1), 1-5.

014240   Obamuyi T M (Banking and Finance Dep, Adekunle Ajasin Univ, P.M.B.001, Akungba-Akoko, Ondo State, Nigeria, Email: tomolaobamuyi@yahoo.co.uk) : Financial development and economic growth in emerging markets:the Nigerian experience. Indian J Finance 2012, 6(4), 16-27.

The study investigated the relationship between financial development and economic growth in Nigeria. While it is almost settled in finance literature that there exists a relationship between finance and economic growth, the main problem is the direction of the causality of the relationship. The unit root, cointegration and vector error correction model (VECM) was employed on a time-series data from 1973 to 2009. The Granger causality test was also used to test the direction of the relationship existing between financial development and economic growth in the country. The proxy of economic growth is defined as the real growth rate of gross domestic product. This is consistent with earlier studies and provides a high indicative power of quality and quantity of economic growth. The financial development variable measures the relative size of the financial system and hence, the level of financial deepening (M2/GDP). The ratio M2/GDP measures the overall size of the financial intermediary sector, and is strongly correlated with both the level and the rate of change of the real GDP per capita (Outreville, 1999). This study also included that some control factors have been empirically shown to be determinants of growth, apart from financial development. The control variables include exchange rate, bank deposit rate, inflation rate, government fiscal deficit as a ratio of GDP, the ratio of total foreign debt to GDP and Domestic savings to GDP. The results of the study show that there exists a bi-directional causality between the growth and financial development variables. This indicates that both growth and finance exert influence on each other. The results of the cointegration and Likelihood Ratio also established that there is a long-run relationship between financial development and economic growth in Nigeria. Based on the results of the study, the government is encouraged to identify those financial development and growth variables that contribute to the overall economic performance of the country. This implies that the government must formulate and implement policies that have influence on those factors that will significantly affect financial development in Nigeria. Thus, the study contributes to the on-going debate by empirically reconfirming the financial development-growth nexus, using recent data to point out new evidence on the relationship. The findings of the study are also relevant to those other developing counties in a similar growth process.

2 illus, 11 tables, 55 ref

014239   Mullick N H (Asia Pacific Institute of Management, 3 & 4 Institutional Area, Jasola, Opp. Sarita Vihar, New Delhi-110025, Email: naushadmallick@gmail.com) : Shopping malls & Consequences on the human rights of small traders in NCR Delhi. Indian J Market 2012, 42(5), 25-9.

2 illus, 1 table, 14 ref

014238   Matani A G;Gulhane A A (Mechanical Engineering Dep, Government College of Engineering, Amravati-444 604, Email: ashokgm3@yahoo.com) : Innovations in indian SMEs:effective policies for survival and profitability. Int J Envir Dev 2010, 7(1), 109-13.

In a globalize economy, regional or national benchmarks no longer suffice. Indian small-scale entrepreneurs will have to benchmark their current status of technology and business in this regard with the best in the world. Smaller firms play an increasingly important role in innovation, job creation, and overall economic growth in most industrialized countries. Success in today's competitive environment requires an organization to innovate and renew its operations and resources. SMEs are becoming increasingly involved in global competitive markets, either as part of supply chains or due to expansion and growth. This paper highlights about various strategies to be adopted by SMEs for making fruitful innovations to face the challenges of competitive economy.

3 ref

014237   Maheshwari N;Biyani R (MBA Dep, COER School of Management, College of Engineering Roorkee, Roorkee-247667, Email: maheshwari.neeta@yahoo.com) : Inflation and its effects on the Indian economy. Indian J Finance 2012, 6(4), 28-34.

In this paper, effect of inflation on the Indian economy has been investigated. Inflation in the Indian economy is explored in detail. Trends of inflation are investigated using CPI indices. Monthly variations in 4 CPIs for the last 2 financial years have been presented. Monthly inflation based on CPI-IW for last 5 years is presented, which indicates that the inflation is almost continuously raised (from 5.26% to 16.22%). Measures taken by RBI (changes in CRR, RR and RRR) to control inflation are reviewed. Effects of these measures on inflation are investigated and it has been found that these measures are effective to check the inflation up to a certain extent only, as there are other factors controlling inflation. India's growth trend (GDP) in the last one decade is discussed. It appeared that in the last three fiscal years (2008-11), the high inflation (CPI - greater than 9%) was responsible for reduced rate of growth (less than 8.6%). However, this is true only up to a certain extent, as there are many other factors such as global recession, agricultural production etc., which influence the growth rate. In brief, there is no direct exclusive relationship between growth rate and inflation, as the growth rate depends on many other factors besides rate of inflation. Nonetheless, it can be concluded that very high inflation has negative implications for economic growth, and causes unemployment and poverty. Therefore, it is necessary to reduce the inflation to lead the Indian economy at the path of high growth rate. To achieve a double-digit growth rate, the inflation must be in a single lower digit.

3 illus, 3 tables, 14 ref

014236   Gupta O;Nasser K;Biswas N (NO, Institute of Management Studies, Makkawala Greens, Mussoorie Diversion Road, Dehradun-248 009, Email: omdeepg@gmail.com) : Structural equation modeling approach to elucidate the impact of IMC on brand equity in life insurance industry. Indian J Market 2012, 42(5), 53-62.

5 illus, 5 tables, 44 ref

014235   Acharya P N;Biswasroy P K;Mahapatra R P (Management Studies Dep, National Institute of Science and Technology, Berhampur-761008, Email: pnacharya@rediffmail.com) : Determinants of corporate dividend policy:a study of sensex included companies. Indian J Finance 2012, 6(4), 35-43.

This research work has focused on a clarification of some of the more important theoretical foundations of the applied field of corporation finance. In particular, in order to focus on the more primary issue of whether dividend policy is influenced by any factors, the models provide the appropriate vehicle for further analysis and development. The study disclosed the two important variables such as Earning Per Share (EPS) and Lagged DPS as the most influencing factors. However, these are not the sole factors. The other factors are Capital Structure, Liquidity, Share price, Cash Flow And Size Of The Firm, which are more or less affecting the dividend policy. Further, the study revealed the adaptation of stable dividend policy by the selected industries.

11 tables, 19 ref

014234    (NO, , ) : Charging up electric car batteries in environmentally-friendly way. Energy Fuel Users J 2010, 60(1), 31.

013047   Verma H L;Gupta M P (Business Management Dep, Guru Jambheshwar Univ of Science & Technology, Hisar, Email: verma_hl@yahoo.com) : Technical education for the changing world - an Indian perspective. Dronacharya Res J 2011, 3(2), 82-5.

In the current era of globalization and internationalization, for the world economic growth, the capital resource has been replaced by the human resource. Since the technological developments play a vital role in economic development, technical and skilled personnel become the key component of human resource. Technical education system is responsible for producing technical and skilled personnel. This paper emphasizes that technical education should be relevant, attractive and connected. The technical knowledge and hard skills have to be acquired through constructivism. Learning soft skills; developing learning attitude; and creating positive aptitude to be part of regular learning.

14 ref

013046   Thomas T T (NO, Guruvayurappan Institute of Management, Coimbatore-Palakkad Highway, Navakkarai, Coimbatore-641 105, Email: ranatt59@yahoo.com) : Marketing paradigms for rural India. Indian J Market 2012, 42(4), 4-9.

2 tables, 9 ref

013045   Talwar S;Kulhari S (NO, Sinhgad Institute of Business Management, Mumbai, Email: st71625@gmail.com) : NPAs tell a story: need for Indian banks to tighten their credit risk management systems. H R J Mgmt 2012, 5(1), 5-25.

After liberalization, the face of banking worldwide has changed completely. Indian scenario is no different. From a closed sector with almost no interaction with overseas bodies, banks in India now operate in a highly competitive, internationalized environment. They need to be more proactive in all their operations, particularly, risk identification and management. It is imperative to overhaul and systematize Indian banks' risk management processes to ensure their survival and growth. The paper discusses one of the major risks that majority of Indian banks face in the current scenario: credit risk. Data Analysis shows that there is sufficient cause for concern as far as NPAs go. The parameters have been moderate so far but if steps are not taken at macro as well as micro level, the situation can spiral out of control quite easily. This paper is written with the express purpose of making few useful suggestions for managing credit risk at individual banks' level.

18 illus, 18 ref

013044   Suresh R (NO, Delhi Univ, Delhi) : Electronics industry under economic reform: firm-level productivity analysis. Productivity 2010, 51(3), 254-64.

An attempt has been made to study productivity in different production method both aggregate as well as across different regions. To study Productivity in electronics industry ASI unit level data has been used. The Total factor productivity growth (Multilateral production function) for the period 1984-85 through 2004-05 has been either sluggish, if positive, or negative over the period. TFPG (Multilateral production function) depicts the same result as that of Cobb-Douglas production function except some changes. During the pre-reform period TFPG was positive, it turned to be negative during the first phase of reform period and become positive during the second phase of the reform period. Regional level comparison of TFPG of the 1990's with that of the 2000's shows that it has increased across various states. A large number of regions experienced negative TFPG during 1990's and almost same number of states have turned positive during the 2000's.

1 illus, 8 tables, 19 ref

013043   Sharma M (NO, D.A.V. College, Chandigarh) : Growth and performance:a study of selected industry groups of Punjab. Productivity 2011, 51(4), 352-9.

The study reveals that organized manufacturing sector experienced "jobless growth" during post-reform period. Manufacture of food, transport equipments, and parts industries and organized manufacturing sector are labor-intensive industries during the study period. This is a good sign for labor-abundant economy of Punjab. Manufacture of textile and basic metal and alloy industries are relatively of capital-intensive nature during post-reform period. It implies either employment reaches to maximum position or these industries require more capital for production process. Labor and capital are complementary to each other in manufacture of textile, transport equipment, and parts industries and entire organized manufacturing sector during post-reform period. It signifies that above industries use capital and labor in such a proportion that more usage of capital generates more employment opportunities. Capital-output ratio declined for organized manufacturing sector, manufacture of basic metal and alloy, and transport equipment and parts industries, which is a good indicator for economy.

3 tables, 7 ref

013042   Sathyanarayanan R S (NO, PSG Institute of Management, Peelamedu, Coimbatore-641 004, Email: sathyanarayanan@psgim.ac.in) : "Subhiksha" : the saga of the rise and fall of India'a Sam. Indian J Market 2012, 42(4), 16-23.

20 ref

013041   Pradeep (Commerce Dep, M.D.U., Rohtak, Haryana) : Deposit mobilization by central cooperative banks in Haryana: a case study of Jhajjar. Productivity 2010, 51(3), 244-7.

The study of the Jhajjar Cooperative Bank (JCCB) Ltd, Haryana reveals that the high cost deposits have been decreasing while the low cost deposits (viz., saving and current account deposits) have been increasing during 2003-09. The cooperative banks employees are working efficiently in mobilizing deposits as compared to the average ratio of District Central Cooperative Banks (DCCBs) in India.

^ccs3 tables, 7 ref

013040   Pawan Kumar D;Nagesh Kumar J (Energy Management Group, National Productivity Council, New Delhi) : Energy efficiency initiatives in India. Productivity 2011, 51(4), 291-4.

The article focuses on several energy efficiency measures taken by India, mainly during the 11th plan, resulting in significant reduction in energy consumption. Various initiatives such as National Action Plan on Climate Change, its eight national missions, including the NMEEE, have ushered in a new approach in the policy and regulatory regime. The article further presents an overview of the energy intensive sectors, which remain in the area of application of the aforementioned energy efficiency initiatives. It concludes with an analysis of energy saving margins in these sectors and the extent of energy saved during the 11th plan.

^ssc1 table, ref

013039   Mondal Sarkar S;Datta S K (Economics Dep, Burdwan Univ, Burdwan) : Status of entrepreneurship and associated environment: a study from Durgapur. Productivity 2010, 50(4), 326-33.

The study intends to provide an insight into the entrepreneurial environment of the industrial town of Durgapur, in Burdwan district of West Bengal. A sample of 175 small/medium enterprises from different markets of this region was surveyed using sampling techniques. The data collected was analysed using descriptive statistics, frequency distribution tables, and regression analysis. The results reveal that though the environment is conducive for entrepreneurial development, the enterprises still faces certain bottlenecks regarding bulk purchase of inputs, power crisis, and threat from globalization. Problems related to production, marketing, and development are identified and policy suggestions are made.

5 tables, 5 ref

013038   Manchanda S (Delhi School of Economics, Delhi Univ, Delhi-110 007, Email: shashank.manchanda@gmail.com) : Price and volume effects of voluntary delisting in India. Indian J Finance 2010, 6(5), 41-50.

3 illus, 4 tables, 17 ref

013037   Kumar N P (NO, Giri Institute of Development Studies, Lucknow) : Uttar Pradesh's manufacturing sector:status, structure, and performance. Productivity 2010, 50(4), 293-309.

Uttar Pradesh's relatively large size and the professed goals of the planners and policy makers to make it imperative for industries in the state to develop fast leaves the state economy fluttering to evolve out of bifurcation syndrome. Much is left to be achieved as the signs of industrial development are not encouraging on all the key parameters such as fixed capital investment, employment, net value added, and gross fixed capital formation. In terms of technical coefficients such as employment per unit, capital intensity, and labor productivity, the state's industry has remained way behind the national average.

21 illus, 2 tables, 12 ref

013036   Kodan A S;Mehra S;Chikkara K S;Yadav A (Commerce Dep, M.D. Univ, Rohtak) : Productivity of commercial banks in India: a bank group wise study. Productivity 2010, 51(3), 237-43.

The study indicates that the productivity performance of public sector bank group has been better than private and foreign bank groups; both, public and private sector bank groups are operating under increasing return to scale, while, foreign bank group is operating under decreasing return to scale; and the public and private sector bank groups are labor intensive, while, foreign bank group is capital intensive.

1 illus, 9 tables, 20 ref

013035   Khader S A (NO, SAK Consultants and Associates, New Delhi) : Sustainable development:coal and energy sector. Productivity 2011, 51(4), 295-303.

Coal and power sector by structure and style of its constitution & functioning (hitherto operating in the public sector environment) had been focusing on the social productivity & inclusive growth practices since its inception. However, renewed thrusts of the government in this area had made these enterprises to devote more efforts and resources for the community and regional development as well as eco-development. A few case-examples are illustrated in this article.

ref

013034   Kamboj R (MM Institute of Management, Maharishi Markandeshwar Univ, Mullana, Ambala, Haryana, Email: rajni5dec@gmail.com) : Maggi noodles: magic of the 2-minute campaign. Indian J Market 2012, 42(4), 58-65.

1 illus, 1 table, 23 ref

013033   Joseph K V (Faculty of Economics, Kerala Univ, Kerala) : How the remittances sustain Kerala model of development. Productivity 2010, 51(3), 215-23.

Kerala, the Malayalam speaking state in the Indian Union has attracted worldwide attention during recent years for what is termed the Kerala model of development. It encompasses a remarkable level of achievement in improving the quality of life of the people at large, including visible signs of affluence all over the state, without a corresponding performance in various criteria of economic growth. Apparently some sort of a contradictory situation seems to be inherent in the whole process. However, the sons and daughters of Kerala have been moving in large numbers to distant lands during recent years for the purpose of improving their economic prospects. Most of them have been sending a portion of their earnings to support their kith and kin in Kerala. Presumably the remittances seem to resolve the apparent contradiction in the model of development by providing the necessary material resources required for the seeming affluence in the state. The article seeks to delineate the apparent contradiction in the model and to explore how the remittances sustain it.

1 table, 37 ref

013032   Ganesamoorthy L;Shankar H (Commerce Dep, Annamalai Univ, Annamalai Nagar-608 002, Email: lganesh_cdm@yahoo.co.in) : Dynamics of FII Investment and stock market returns in India:an empirical analysis. Indian J Finance 2010, 6(5), 25-31.

4 tables

013031   Franklin U E;Al-Kassem A H (NO, Al-Faisal Univ, Prince Sultan College of Tourism and Business, Abha, Saudi, Arabia, Email: udjo.ese@pscabha.edu.sa) : The effect of strategic orientation on market performance of hotels: empirical evidence from the Saudi Arabia hospitality industry. Indian J Market 2012, 42(4), 10-15.

1 illus, 3 tables, 21 ref

013030   Dhanaiah G;Raghunatha Reddy D;Prasad T N L (NO, J N T Univ, Hyderabad-500 072, Email: gdhananjhay@gmail.com) : India VIX: examining the negative and asymmetric volatility index-market return relationship. Indian J Finance 2010, 6(5), 4-10.

The study is an attempt to determine the contemporaneous negative and asymmetric relationship between Volatility Index - Market return. It is found that there exists a significant inverse relation between movements in India VIX and movements in NIFTY. Further, the results suggest that relation between rates of change in the India VIX are asymmetric and statistically significant. Thus, India VIX acts as a measure of investors' fear of the downside as international studies establish. The researchers conjecture that this contemporaneous negative asymmetric relationship can be utilized for hedging purposes by market participants when Volatility Derivatives are introduced in India.

3 illus, 5 tables, 11 ref

013029   Chaudhuri D D (NO, Indian Institute of Management, Indore) : Productivity growth of Indian manufacturing firms in an era of economic reforms. Productivity 2010, 51(3), 248-53.

Provides an overview of recent studies on productivity growth of Indian manufacturing firms in the post-1991 period. The central question is whether there has been a significant acceleration in productivity growth rates of manufacturing firms in India in an era of economic liberalization. This article has observed that impact of economic reforms is not uniform across all sectors. Studies have shown that factors like import of disembodied technology, availability of wider varieties of imported inputs, foreign investment, change in market structure and R&D intensity are significant determinants for productivity growth in the post-reform period.

1 table, 15 ref

013028   Chaturvedi H O;Madan P (Sri Guru Nanak Dev Khalsa College, Delhi Univ, Delhi) : Integration of Indian and the US stock markets: an empirical analysis. Productivity 2010, 51(3), 201-10.

Attempts to empirically examine the extent of integration of the Indian Stock Market with the US Stock Market using daily closing values of the BSE Sensex, NASDAQ composite index, and the NYSE index over the period January 1, 1990 to December 31, 2008. The empirical results reveal that integration has not yet taken place between the Indian and the US Stock Markets. However, a short-run relationship between the two stock markets in the post-1998 period, after listing of many Indian companies in the US stock market and raising of funds by Indian companies in the United States, is observed. During this period, US stock market is found to influence the Indian stock market.

7 tables, 22 ref

013027   Bhattacharjee M;Kalita P (NO, The ICFAI Univ, Mizoram, Salem Veng, Chaltlang, Aizawl, Mizoram-796 012, Email: mrinmoy_mrin@yahoo.com) : Application of market basket analysis to understand student's career options: a study on management under graduate students at IU, Mizoram. Indian J Market 2012, 42(4), 42-9.

3 illus, 3 tables, 13 ref

013026   Bharadwas G (NO, Mahamaya Technical Univ, Noida) : Role of ethics in business. H R J Mgmt 2012, 5(1), 42-53.

Business ethics reflects the philosophy of business, one of whose aims is to determine the fundamental purposes of a company. If a company's purpose is to maximize shareholder returns, then sacrificing profits to other concerns is a violation of its fiduciary responsibility. Corporate entities are legally considered as persons in USA and in most nations. The 'corporate persons' are legally entitled to the rights and liabilities due to citizens as persons. Ethical issues include the rights and duties between a company and its employees, suppliers, customers and neighbors, its fiduciary responsibility to its shareholders. Issues concerning relations between different companies include hostile take-over and industrial espionage. Related issues include governance; corporate; political contributions; legal issues such as the ethical debate over introducing a crime of corporate manslaughter; and the marketing of corporations' ethics policies.

19 ref

013025   Bapat V;Raithatha M (S.J. Mehta School of Management, IIT Bombay, Powai, Mumbai-400 076) : Off balance sheet disclosures:a comparison between Indian and Us companies. Indian J Finance 2010, 6(5), 11-24.

There is a significant relation between market capitalization and disclosure levels of companies only for Indian Companies. This does indicate that disclosure levels do support a company in gaining trust of the investors. However, this does not necessarily, hold true for sample US companies. Moreover, there is no correlation between disclosure levels and P/E ratio. As per the results of the Welch's t - test, US companies in the sample have a mean disclosure level that is statistically greater than that of the Indian Companies. Moreover, US companies have a very systematic and standardized way of reporting their unrealized losses under the accumulated other comprehensive income head. Indian Accounting standards do not have a counterpart for this. Indian companies need to substantially enhance their disclosure levels for derivatives accounting in order to match the international standards. This was expected to happen once AS 30 became mandatory from April 1,2011. Over the past, Indian companies have suffered significant losses and variability in income due to derivatives, and there is an urgent need to raise the level of disclosures compliance. Indian Pharma sector & IT sector are much more transparent in terms of their disclosures for derivatives as compared to the Auto Sector. Telecom sector companies have not moved to AS 30 and have remained with AS 11, this supports their business case of capitalizing losses on higher percentage of foreign borrowing funded fixed assets.

9 illus, 7 tables, 18 ref

013024   Asthana A K (NO, Regional Institute of Cooperative Management, Sector 30, Gandhinagar-382 030, Email: dearasthana@gmail.com) : Analysis of strategic decision of product line extension by IFFCO using the BCG model. Indian J Market 2012, 42(4), 35-41.

5 illus, 4 tables, 10 ref

013023   Ahmad M U (NO, Jaipuria Institute of Management, Noida, Email: moid_ahmad@yahoo.com) : Does the promoter want more?. H R J Mgmt 2012, 5(1), 80-8.

A lot of uncertainty revolves around the profitable companies regarding payment of dividend to its shareholders. The shareholders expect it. The companies need it to reinvest. This research paper is an attempt to study the relationship between the dividend payouts and Promoter's shareholding for BSE 500 companies in India and draw conclusions.

6 tables, 5 ref

010819   Reddy T K;Arora S (Faculty of Economics, ICFAI Business School, Hyderabad) : Creation of non-performing assets in the banking sector ( with special reference to state bank of India). Productivity 2010, 51(1), 53-68.

Non-Performing Assets (NPAs) have become a critical performance area for banks of all hues. Even private and foreign banks have been showing signs of NPA deterioration gradually. While gross NPAs as a percentage of gross advances for public sector banks have come down from 22.3% in 1993 to 2.23% in 2007-08; the absolute figure is still growing. There are several factors for this rise. The internal factors are diversion of funds, time/cost overruns business failure, inefficient management, product obsolescence. External factors include recession, natural calamities, change in government policies. Perhaps willful default is the biggest culprit of all. Initiatives like better credit appraisal and supervision, exchange of credit information among banks and close monitoring could yield better results. RBI has also brought about a large number of measures for fast recovery of dues. The study is an attempt to analyze factors which could have led to creation of NPAs in the account of a Private Limited Company 'X' maintained at State Bank of India, Kolkata. It indicates that this was a trading account marked by a high degree of uncertainty in revenues. Other factors that emerged are overzealousness of promoters, non-implementation of project, diversion of funds to associate concerns, etc., which led to the accounts becoming non-performing. The article also analyses factors which have contributed significantly to decreasing NPAs of Public Sector Banks in India during 2001-2008 using forward stepwise regression analysis and concludes that decreasing level of NPAs of Small Scale Industries have contributed the fall.

3 tables, 24 ref

010818   Mayya S;Bharath V;Mayya S (Commerce Dep, Mahatma Gandhi Memorial College, Udupi, Karnataka) : Status and capacity utilization in small-scale industries: a case study of selected industrial units in Udupi district. Productivity 2010, 51(1), 90-8.

Over the past year, the global economic crisis has exerted considerable influence on many business organizations of any size. Large industrial establishments have attempted to manage this crisis in their own ways. Amid all this, SME's are increasingly being brought into focus on account of their huge growth potential. The present study aims at examining the status of small industries, industrial policy and capacity utilization of small industries and the reasons for not utilizing it to the fullest extent. Capacity utilization has been examined taking into account the location of the unit, industry group to which it belonged, year of establishment, form of organization, investment in plant and machinery, the entrepreneur's background and various reasons specified by the entrepreneurs. This study is empirical in nature and it is based on the data collected with the help of questionnaire. Efforts are also being made to offer suggestions.

7 tables, 16 ref

010817   Mandiga V R;Moharir K B (NO, Manikgarh Cement, Chandrapur, Email: mandigavenkataraj@gmail.com) : Analytical study of applications of E-commerce and M-commerce and its impact in cement industry. SPM-JAR 2012, 1(1), 90-3.

The paper consists of a study based on survey done in Maharashtra with 700 dealers and customers who gave the sketch for scope and future of eCommerce in their business with cement manufacturers. This paper examines the adaptability of eCommerce between Customers, Dealers and Manufacturers. The study covered various factors involved for willingness to use eCommerce for Cement purchases and also explored various reasons for not to use eCommerce.

5 tables, 5 ref

010816   Kumar N P (NO, Giri Institute of Development Studies, Lucknow) : Structure and performance of small scale industries in India. Productivity 2010, 51(1), 69-80.

Small industry has been one of the major strings of India's economic development strategy since the inception of planning. The small scale sector has been imbued with a number of objectives, important among which are the generation of immediate employment opportunities with relatively low investment; the promotion of more equitable national income; effective mobilization of untapped capital and human skills; and dispersal of manufacturing activities all over the country (Dhar, 1979). We are here interested in the size of this sector and its importance in the total manufacturing activity in the country, in terms of employment, output, and exports.

10 tables, 5 ref

007397   Shruthi V K;Devaraja T S (DOS in Commerce, Mysore Univ, Post Graduate Centre, Hassan, Karnataka, Email: shruthi_bkgowda@yahoo.co.in) : Building customer relations through CRM-a theoretical framework of software services firms in Bangalore cluster. Indian J Market 2011, 41(11), 46-53.

1 illus, 16 ref

007396   Shivakanth Shetty A (NO, IFIM Business School, No. 8P & 9P, KIADB Industrial Area, Electronic City, Ist Phase, Bangalore-560 100, Email: shivakanthshetty@rediffmail.com) : Nokia's shrinking market share in India: can Nokia sustain its first-mover advantage?. Indian J Market 2011, 41(8), 36-40.

1 illus, 10 ref

007395   Rauf A;Saraf S A (NO, Regional Research Station & Faculty of Agriculture, SKUAST-K, Wadura Sopore, Jammu & Kashmir-193 201, Email: raufjk@gmail.com) : Marketing strategies in apple industry-an empirical study in Himachal Pradesh and Jammu & Kashmir. Indian J Market 2011, 41(8), 78-84.

8 tables, 7 ref