TITLE

Trend Analysis of Co-operative Milk Federation – A Study of Milkfed, Punjab

AUTHORS

Jasmeet Kaur ¹ & Dr. Navkiranjit Kaur Dhaliwal ²

ABSTRACT

Dairy Cooperatives are central part of dairy industry in India. The Punjab State Cooperative Milk Producers Federation Limited (MILKFED) is playing an important role in Punjab’s dairy industry. The present paper attempts to study business and financial performance of MILKFED. The study is based on secondary data covering period from 2000-01 to 2010-11. The analysis has been done on the basis of various indicators using one-sample Kolmogorov-Simonov test, averages, exponential growth rate, coefficient of variation, linear regression, and trend lines. The study found that the federation is financially sound and is supporting dairy farmers of Punjab by providing various facilities like procurement, processing, marketing of products and input services. But MILKFED needs to improve conditions of milk producers by forming more strong societies and improve its procurement activities. It is also required to judiciously invest its funds in productive avenues.

Keywords: MILKFED, dairy, indicators, milk producers.

¹ Research scholar, Department of Commerce, Punjabi University, Patiala.

² Associate Professor, Department of Commerce, Punjabi University, Patiala.

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TITLE

Alarming Attrition Rates: An Exploration of the Employees’ Perspectives

AUTHOR

Joby Joy ¹

ABSTRACT

Employee attrition is one of the crucial problems plaguing the IT field and it poses a severe threat in the growth of this sector. Due to the extremely competitive nature of the industry, the opportunities for IT professionals are aplenty.

A study was conducted amongst the ex-employees of one of the leading companies in the IT sector. The study was done to understand the employees’ perceptions about the company. It also aimed at comparing the reasons for the exit cited by the respondents during the exit interview and the survey as well as gauging the effectiveness of the retention strategies of the company.

The major findings of the study revealed that the chief reasons for exit were work and career related concerns. When comparing the responses given by the respondents during the exit interview and the survey, it was observed that the ex-employees were more elaborate in their responses in the survey.

Although attrition cannot be curbed completely, intelligent retention strategies can give the company a lead time to identify the problem and prevent it from getting bigger. Through this study, an analysis of the major reasons behind the rising attrition rates has been done and a few suggestions have been put forward based on the findings.

Keywords: Attrition, career, retention strategies.

¹ Assistant Professor, SCMS-COCHIN, Email: [email protected]; [email protected]

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TITLE

Venture Capital and Private Equity Funds in India - An Analytical Study

AUTHORS

S. Mahender Kumar ¹ & Dr. Ch. Satyanarayana ²

ABSTRACT

Venture Capital is a significant innovation of the twentieth century. It involves the provision of risk-bearing Capital, usually in the form of equity participation to companies with high growth potential, besides providing some value addition in the form of management advise and contribution to overall strategy. Venture Capital derives its value from brand equity, professional image, constructive criticism, domain knowledge, industry contacts, etc, as they bring to table the benefits at a significantly lower management agency cost. Foreign investors account for a large percentage of VCPE investors in India. Among the five different categories of VCPE investors, PRIV category constitutes 63% of the total VCPE firms. In this research paper an attempt is made to present the structure and regulation of venture capital and private equity funds in India, to examine spatial analysis of investors and investments such as category-wise distribution of investors, deals and amount of investments for various investor categories and inclusivity of venture capital and private equity investments in India like number of deals and investments in metro and non-metro locations in India is analysed.

Keywords: Venture Capital, Risk Capital, Institutional Investors, Limited Liability Partnership, Corporate Venture.

¹ Associate Professor, Department of Commerce and Business Management, VDPGC, Hanamkonda.

² Associate Professor & Head, Department of Commerce and Business Management, VDPGC, Hanamkonda.

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TITLE

A Study on Internet Usage and IT Infrastructure Facility in South Gujarat Region

AUTHORS

Dr. Hormaz D.Patel ¹ & Dr. Jaydip Chaudhari ²

ABSTRACT

Internet in India has shown a tremendous growth in last decade and the penetration of Internet in India was around 7 percent of total population and is expected to reach at 14 percent. Along with that Indian middle class in growing and median age will be around 26 by the year 2020. Youngster was the main target market using internet. The objective of the study was to analyze the impact of demographic variable in internet usage in South Gujarat Region Along with that potential of IT infrastructure has been analyzed. The researcher has done the survey of 1502 respondents with probability sampling method.

Keywords: Internet, Broadband, Wireless, Coverage.

¹ Asst. Professor, The S.P.B College of Business Administration, Surat, E-mail: [email protected]

² Asso. Professor, DBIM, Veer Narmad South Gujarat University

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TITLE

Under Pricing and Short Run Performance of Initial Public Offering in Indian Capital Market

AUTHORS

Peeyush Bangur ¹, Dr. Pratima Jain ² & Ruchi Bangur ³

ABSTRACT

The transition from being a private company to a public one is one of the most important events in the life of a firm and this transition is facilitated through the initial public offering (IPO) process. When a firm issues equity to the public for the first time, it makes an initial public offering. This paper examines the returns of these IPOs for the short term basis by using the risk analysis technique (three factor model) and the CAPM model. In the end of paper it has been concluded that most of IPOs resulted loss to the portfolio of Indian investors in short run.

The paper presents fresh evidence on IPO performance, i.e., short-run under pricing for 75 Indian IPOs issued during the period September 2009 to September 2011. For this purpose sample has been divided firms into 3 groups i.e., top, medium and small companies on the basis of IPO size.

Keywords: Short run, Initial public offering, CAPM Model, Three factor model, Under pricing

¹ Asst. Professor, Shri Vaishnav Institute of Management, Indore, Email: [email protected]

² Asso. Professor, Shri Vaishnav Institute of Management, Indore, Email: [email protected]

³ Asst. Professor, Sapient Institute of Management, Indore, Email: [email protected]

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TITLE

A Study of Octapace Culture and Job Satisfaction of Employees in Health Sector

AUTHOR

Dr. Anukool Manish Hyde ¹ & Deepak Yadav ²

ABSTRACT

Organisational culture has been defined as “the specific collection of values and norms that are shared by people and groups in an organization and that control the way they interact with each other and with stakeholders outside the organization. Baumgartel (1971) viewed organizational climate as a product of leadership practices, communication practices, and enduring and systematic characteristics of the working relationships among persons and division of any particular organization. Full form of OCTAPACE is openness, confrontation, trust and trustworthyness, authenticity, proactivity, autonomy, collaboration, experimentation. Locke defines job satisfaction as a “pleasurable or positive emotional state resulting from the appraisal of one’s job or job experiences”. To the extent that a person’s job fulfils his dominant need and is consistent with his expectations and values, the job will be satisfying. It is an exploratory study which aims at finding out the level of job satisfaction and OCTAPACE Culture in government and private hospitals of Indore (MP). For the study, sample size is 75. Results have been shown with the help of graphs and t test has been used to test the hypothesis.

Keywords: Organisation Culture, Leadership, Job Satisfaction

¹ Associate Professor in Prestige Institute of Management and Research, Indore (MP)

² Alumnus of Prestige Institute of Management and Research, Indore (MP)

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TITLE

Industrial Accident at Seth Chemicals & Textiles Ltd.

AUTHOR

Arvind Sudarsan ¹

ABSTRACT

Management activities are often discussed and analyzed in oversimplified terms thereby failing to accurately communicate the difficulties of operating in an environment where decisions have to address several factors simultaneously and have unexpected consequences. The article is a case study of an industrial accident at an organization and the problems faced by the organization in managing the crisis and simultaneously dealing with the multiple stakeholder claims while also trying to avoid a shut down. The focus is on real world complex organizational and business systems wherein various aspects of management are interrelated and dependent on each other; and with particular reference to Indian work conditions.

Keywords: Environment, Stakeholder Management, Crisis Management, Ethics.

¹ Asst. Professor (Dept. of Management) at BITS, Pilani, Rajasthan, email: [email protected]

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