Henry Fayol, a French industrialist, summarized the practice of management with fourteen principles.

1. Division of work: A high degree of specialization should result inefficiency. Both managerial and technical works are amenable to specialization.

2. Authority and responsibility: Henry Fayol finds authority and responsibility to be related, [...]

Introduction on Banking Sector

The Banking sector in India has always been one of the most preferred avenues of employment. In the current decade, this has emerged as a resurgent sector in the Indian economy. As per the McKinsey report ‘India Banking 2010’, the banking sector index has grown at a compounded [...]

(Contd of Derivative Trading II )

12. What is the contract cycle for Equity based products in NSE ?
Futures and Options contracts have a maximum of 3-month trading cycle – the near month (one), the next month (two) and the far month (three), except for the [...]

FAQ’s

1. What are derivatives?
Derivatives, such as futures or options, are financial contracts which derive their value from a spot price, which is called the “underlying”. For example, wheat farmers may wish to enter into a contract to sell their harvest at a future date to eliminate the risk of a [...]

INTRODUCTION

The Reliance group – one of India’s largest business houses with revenues of Rs. 990 billion ($22.6 billion) that is equal to 3.5 percent of the country’s gross domestic product was split into two.

The group – which claims to contribute nearly 10 per cent of the country’s [...]

Glossary: Some terms related with Mutual Funds:

ACCOUNT STATEMENT:
A document issued by the mutual fund, giving details of transactions and holdings of an investor.

ADJUSTED NAV (TOTAL RETURN):
The net asset value of a unit assuming reinvestment of distributions made to the investors in any form.

ADVISOR:
Your financial consultant who gives [...]

MusicEquity

‘The erosion of mass markets and consumer trends towards customisation and personalisation is driving marketing towards an experience-based economy.’

Music is a powerful medium that can bring the emotional qualities of products and services to life and help activate a Brand promise. The beat of the music can literally connect [...]