Paper Title

FINANCIAL PERFORMANCE OF DR.REDDY’S LABORATORIES -USING Z-SCORE MODEL

Abstract

The stake holders, bankers, financial institutions, investors, government, NGOs etc have been focusing on the success and survival of the business with whom they are dealing. Therefore, monitoring the financial health of a company is necessary, and it can be done by continuous evaluation of its sales and profit. In this research paper an attempt is made to predict the financial performance of Dr. Reddy’s Laboratories ltd for five years 2008-09 to 2012-13 by using Altman\'s Z-Score model. The Z-Score value for all the years under study exceeds the value of 3.0 signifying that performance of its financial health.
KEYWORDS : Financial Health, Z-score Model, Financial performance.

Paper Title

A NEW INITIATIVE OF RAISING EQUITY CAPITAL FOR SMALL AND MEDIUM SCALE ENTERPRISES – BSE SME

Abstract

Small and Medium Enterprises (SME’s), particularly in developing countries like India, are backbone of the nation’s economy. They constitute bulk of the industrial base and also contribute significantly to their exports as well as to their Gross Domestic Product (GDP). In India, Micro, Small and Medium Enterprises (MSME’s) contribute 8% of its GDP, 45% of the manufactured output and 40% of exports. It provides employment to about 70 million people through 30 million enterprises. The MSME Sector is the largest generator of employment in the Indian economy. It forms a major portion of the industrial activity. Special roles for SMEs were earmarked in the Indian economy with the advent of planned economy from 1951 and the subsequent industrial policy followed by government. By and large, SMEs developed in a manner, which made it possible for them to achieve the desired objectives. Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 is provided for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises. BSE SME Platform provides a great opportunity to the entrepreneurs to raise the equity capital for the growth and expansion of SMEs. It also provides the immense opportunity to the investors to identify and invest in the good companies at early stage. It will help unleash the valuation of the company and in the process create wealth for all the stakeholders including investors, besides considerable long term capital gains, tax benefits and facility to exit at any point of time. The current paper focuses on the wealth creation by the SMEs through inclusive economic growth and also provides information on raising equity share capital by SME’s and investors together. The data collected is both primary and secondary methodologies. The study states that the cost of raising capital for SMEs is quite high. And as a result the SMEs should be provided a framework that would enable them to raise capital quickly and at a low cost. Owing to small size and less affordability, the eligibility conditions, listing requirements, corporate governance norms and disclosure standards may need to be suitably relaxed for SME’s.
KEYWORDS : MSME’s, Bombay Stock Exchange (BSE), Equity Financing, SEBI, Gross Domestic Product, FISME, MSMED ACT 200.

Paper Title

A STUDY ON SOCIAL WORK EDUCATION IN TELANGANA

Abstract

The study probes into the academic and administrative aspects and comes out with a comprehensive understanding. It has adopted qualitative methodologies along with quantitative techniques to evolve a holistic perspective. The outcome of this study will benefit all those concerned with social work education to work out the modalities so as to make social work education a need- based one and also improve the quality of education to the highest possible level, making it accessible to all those who have an aptitude for social work. The primary data was systematically processed. Descriptive analysis was made to draw inferences. The empirical data reveals that the quality of social work education in Telangana is significantly at a decline due to several reasons. Social work professionals are trailing in the field of development. This is due to lack of commitment, ideological orientation, and perhaps, incompetent desired skills, knowledge, and techniques. There has been a mushrooming of social work educational institutions in the recent past. Private institutions are lacking in ethical orientation and have commercialized this field. Increase in the intake of students and unqualified, incompetent, and inexperienced social work educators are damaging the system. Hence, the quality of social work education is steadily declining.
KEYWORDS :

Paper Title

NEW DIMENSIONS TO BANKING SECTOR THROUGH TALENT MANAGEMENT

Abstract

In the recent years the problem is not with finding the proper talent for the company but the problem lies in the retention of the existing talent. So the concept of talent management becomes an area of great importance. Talent management can be a mission critical process that ensures organizations have the quantity and quality of people in place to meet their current and future business priorities. The process covers all key aspects of an employee’s “life cycle:” selection, development, succession and performance management. Talent management is concerned with sourcing talent, integrating and aligning talent, developing talent, engaging and rewarding talent, strategically deploying talent, and assuring there is an adequate talent pipeline to support the business as it moves toward its strategic goals.
KEYWORDS : Talent, Banking, Dimensions, quality, quantity, organizations

Paper Title

DO ATYPICAL INDIVIDUALS MAKE ATYPICAL CHOICES AND OCCUPATIONAL CHOICE AND WAGES AMONG FIVE PROFESSIONS IN INDIA

Abstract

The article provides a close-up picture of gender and personality in relation to the gender composition of occupation and the gender wage gap. Using a survey of newly graduated highly educated men and women in five occupations in India (engineers, lawyers, police officers, social workers and psychologists, n & 2400), we examine (a) if personality traits—measured as Big Five traits, risk taking and self-esteem—differ between men and women (b) if differences in personality traits are systematically related to the gender composition of the occupation, (c) if individuals who have chosen an occupation dominated by the other gender are gender-atypical in their personalities and, (d) how personality traits are related to wages and the gender wage gap. The results show significant gender differences in agreeableness, emotional stability and perceived risk-taking. The male-dominated occupations score higher on risk-taking than those dominated by females, but the pattern for agreeableness is less clear and the scores on emotional stability are no higher in these occupations. Further we find that individuals who have chosen a gender-atypical occupation tend to display gender atypical personality traits. In line with previous research, we find that risk-taking and self-esteem are positively related to wages but these associations do not account for gender differences in wages. The valuation of personality traits does not vary systematically with the gender composition of the occupations but being agreeable has a more negative wage effect for women than for men.
KEYWORDS : risk taking, self-esteem, male-dominated occupations