COVER
STORY
Currency
Futures : Call of the Time
-- D Satish
The
regulators have given the nod for introduction
of currency futures in India. This is a welcome
move which would see a further integration of
the Indian financial markets with the global
markets. However, this would put a lot more
pressure on the regulators in the time to come.
© 2008 The Icfai University Press. All Rights
Reserved
COVER
STORY
Currency
Futures in India : An Efficient Hedging Tool
-- N Ravinder Reddy
Amidst
the euphoria of India's growth story and the
fluctuating exchange rate between rupee and
dollar, a need has been felt for an effective
hedging instrument in the hands of market participants
to better hedge their currency-related exposures.
Currency futures truly represent such an instrument
and are a very good alternative to the existing
hedging mechanisms.
© 2008 The Icfai University Press. All Rights
Reserved
EQUITY
MARKETS
Buyback
of Shares : An Indian Perspective
-- Vidya Sekhri
Analysts
maintain that share buyback improves earnings
per share, return on equity, return on capital
employed and intrinsic value. This article focuses
on the objectives of buyback, resources to support
the buyback, conditions under which companies
are allowed to buyback and other legal formalities
about buyback in India.
© 2008 The Icfai University Press. All Rights
Reserved
FDIS
FDIs
in India : What More Needed?
-- Dr. SM Imamul Haque and Shahnawaz Ahmad Dar
Foreign
Direct Investment (FDI) plays an important role
in the long-term economic development of a country.
But imposition of unwritten policy has led foreign
investors to worry about their compliance status.
This article dwells on FDI in India and the
measures for more FDI inflows into the country.
© 2008 The Icfai University Press. All Rights
Reserved
DERIVATIVES
Present
Status of Indian Derivatives Market : A Perspective
---- Monomita Nandy Suman Lodh
With
the liberalization of economy, the Indian financial
markets have become global. The importance of
derivatives cannot be denied any more in such
type of developing global markets. The participation
of mutual funds in the derivatives is another
major development in the financial markets in
India.
© 2008 The Icfai University Press. All Rights
Reserved
COMMODITY
MARKETS
The
Supermarket Revolutions in Indian Agriculture
: Strategic Issues and Policies of Competitiveness
-- Gursharan Singh Kainth
The
super market revolution has been underway in
developing countries which until recently were
not a major form of food retailing. This article
features policies to help both traditional retailers
and small farmers in the era of supermarket
revolution.
© 2008 The Icfai University Press. All Rights
Reserved
INVESTMENTS
Smart
Investments in Banking Stocks
-- N Sivasankaran, M Kannadhasan and Mr Suyampirakasam
The
stock markets have produced negative returns
over a one-year investment horizon. The investors
have to look for stocks that are fundamentally
strong. This article sheds light on bank stocks
and the key performance indicators for valuing
the same.
© 2008 The Icfai University Press. All Rights
Reserved
PERSONAL
FINANCE
Mr.
& Mrs. Kapoor's Retirement Blues : Part-V
-- M Bashyakar and Mohandas J Menon
This
article focuses on how inflation has its effect
on an individual's regular investments and the
strategies to follow to have better returns
on his investments.
© 2008 The Icfai University Press. All Rights
Reserved
