Economic Conditions of Agricultural Labourers-A Case Study in Nellore District in Andhra Pradesh

Vol. 9  Issue 2
Year:2014
Issue:Sep-Nov
Title:Economic Conditions of Agricultural Labourers-A Case Study in Nellore District in Andhra Pradesh
Author Name:B. Rambabu  
Synopsis:
The agriculture laborers are the most exploited and oppressed class in rural hierarchy. Before independence, their position was nothing better themselves. They were victims of not only economic exploitations, but also of social discrimination. If they fail to bow to the tunes of the masters, they were beaten up and tortured. By advancing small loans to them, the landlords often succeeded in trapping these poor people into their net and converted them into virtual slaves. This slavery continued from generation to generations and forced the agricultural workers to lead a watched existence of deprivation and oppression. Though the situation has improved to some extent during the last 67 years of independence, even now this class of agricultural workers are the poorest and resource starved class in rural areas.

Stock Return and Investor Sentiment: Evidence for Emerging Market

Vol. 9  Issue 2
Year:2014
Issue:Sep-Nov
Title:Stock Return and Investor Sentiment: Evidence for Emerging Market
Author Name:Amari Mouna and Jarboui Anis  
Synopsis:
Humans are constantly susceptible to cognitive errors and these create biases in their judgments. The main purpose of this paper is to determine how the sentiment of the small investors affects their decision making by examining their portfolio returns. The proposed model of this research uses the logistic regression analyses to examine this relationship. Investor's biases have been measured by means of a questionnaire comprising several items. As for the selected sample, it has been composed of 178 small investors actively trading on the Tunisian stock market. The findings show that the portfolio returns of the small investors were somehow influenced by behavioral biases and the results indicate that anchoring, familiarity, age and experience to be important contributory factors to the portfolio performance. This study has implications for the development of the portfolio performance of the individual investor. Also some psychological aspects of a theoretical nature could not be wholly approached in a complete empirical way. The paper pushes investors to make their financial decisions based on their financial capability and experience level and to avoid relying in their sentiment when making financial decision. This paper incites the government to establish training programmes aimed to develop the individual investor financial literacy and competency

Employee Perception on Industrial Relations Practices in ITC-ILTD of Andhra Pradesh

Vol. 9  Issue 2
Year:2014
Issue:Sep-Nov
Title:Employee Perception on Industrial Relations Practices in ITC-ILTD of Andhra Pradesh
Author Name:Alluri Balaji and V. Tulasi Das 
Synopsis:
Every business in the competitive world needs a kind of competitive advantage. The present strategy that is practised by all the entrepreneurs is revenue and profit maximization, and simultaneously cost cut strategy has been implemented, and it reduces labour force by implementing automation technique. This climate in the organization leads to or spoils the relations between employer and employees, because the nature of human behaviour is complex and dynamic, and it must be studied. Against this, the present study is undertaken to find out the perception of employees on industrial relations climate in the organization, by using constraints i.e. management-employee relations, employee commitment and responsibilities, nature of work, employee motivation climate, cooperation, resolving grievances, workers participation in management, welfare and working conditions. The data has been tested against the null hypothesis, and the result shows that by bringing significant improvements in these factors, a conductive climate can be achieved. However, different variables are required to be qualitatively enhanced for ensuring significant improvements in the classified factors.

Project Appraisal at Durgapur Steel Plant

Vol. 9  Issue 2
Year:2014
Issue:Sep-Nov
Title:Project Appraisal at Durgapur Steel Plant
Author Name:T. Koti Reddy and Praveen Sharma 
Synopsis:
This research paper studies the tools and techniques used in investment appraisal in Steel Authority Of India Limited using a live modernization project at SAIL “ the rebuilding of coke oven battery # 4”. It is observed that Investment decisions are the most important and crucial decisions of the corporate world owing to the large amount of risk involved. They affect the value of the firm and thus they need to be critically analyzed both technically and financially. To investigate the feasibility of a proposal, project appraisal techniques like Net Present Value (NPV) method, Internal Rate of Return (IRR) method and Sensitivity Analysis were employed. The authors opine that the NPV comes out to be `. 296.20 crores (posttax) and IRR 26.81% and 33.75% for post- tax and pre- tax respectively which is well above the hurdle rate, hence the project is feasible and recommended for implementation.

Agricultural Insurance Pricing Model

Vol. 9  Issue 2
Year:2014
Issue:Sep-Nov
Title:Agricultural Insurance Pricing Model
Author Name:Chao-Hui Yeh and Ti-Ling Wang
Synopsis:
With growing concerns about climate change on agricultural yields and prices, the authors studied and designed the agricultural profit insurance as risk management tool in this paper. They identified the key issues and concerns that arise in the design and rating of agricultural yield insurance plans, with particular emphasis on yield risk modeling. They showed how the availability of data shapes the insurance scheme and the ratemaking procedures. Relying on Taiwan’s experience and recent developments in Statistics and Econometrics, the authors review some risk modeling concepts and provide technical guidelines in the development of agricultural insurance plans. Yield randomness varies regionally. Price randomness differs among commodities and changes over time. Yields and prices tend to move in opposite directions. Finally, they showed how these risk modeling techniques can be extended to price risk in order to develop agricultural profit insurance schemes.

Impact of the HRM practices on Organizational Commitment of Managerial Employees in the Textile industry

Vol.9  No.1

Year : 2014

Issue : Jun-Aug

Title : Impact of the HRM practices on Organizational Commitment of Managerial Employees in the Textile industry

Author Name : Shruti Sarin, N.S. BHALLA , T.S. SIDHU , sanjeev sharma

Synopsis :

The present study is in the light of the liberal global Indian economy that has led to a competitive environment. In the changing scenario of the global business environment with a highly competitive market economy, the Human Resource Management practices (HRM) provide an edge to an organization. This paper builds on the previous theories & research in the Human Resource Management practices to find out the relation between the firm's strategy regarding human resources and Organizational Commitment. This study is an attempt to understand the impact of the HRM practices on Organizational Commitment of Managerial Employees in the Textile unit of Punjab. The data were gathered by administering questionnaires. This study reveals that the HRM practices are strong predictors of Organizational Commitment of managerial employees in the Textile unit of Punjab surveyed. The present study also aimed at assessing how much of commitment in the unit can be attributed to HRM practices. For this purpose, the data of 100 participants were randomly selected. HRM practices and Organizational Commitment were measured by likert scale. Data were analyzed by t-test and multiple regressions.

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E-Marketing – Is it indispensable for Today's Marketing?

Vol.9  No.1

Year : 2014

Issue : Jun-Aug

Title : E-Marketing – Is it indispensable for Today's Marketing?

Author Name : R. TAMILARASAN

Synopsis :

Today, as we witness, e-marketing has changed the way goods and services are being marketed all around the world as well as in India. The Internet has become a valuable tool to optimize the success of marketing of goods and services, as a practice deviating from the traditional marketing practices. E-Marketing practices have become the heart of a firm's marketing strategies. E-Marketing strategies can range from simply putting up a blog to build an online community and marketing through social media channels, with email or through viral marketing campaigns etc. However, it mainly focuses on how best the strategies relating to product, price, place and promotion can best be made suitable to attract and retain prospects / loyal internet savvy customers. It altogether becomes vital to explore how the Internet as a marketing platform can be exploited to market goods and services, that could result, it result in reinventing the marketing wheel to evolve strategies that best serve the needs of e-marketing world. Hence, this article explores the domain and dynamics of strategies in the emerging e-marketing world.

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