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Against All Odds Soni, Shriprakash; Saxena, Rohini Sawalkar
International Research Journal of Management, IT & Social Sciences Vol 4 No 2: March 2017
Publisher : International Journal of College and University (IJCU)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21744/irjmis.v4i2.429

Abstract

A successful woman entrepreneur, Ms. Vrinda Navare has established ‘Vrinda’s Bakes & Fast Food’ in 1993 initially with manufacturing of bakery products only. Later on in the year 1996 fast food items were added in product basket as a need of hour. At present, firm’s turnover is Rs. 90 lakhs with 15 full-time and 30 part-time workers...
Impact of Demonetization on Indian Citizens Soni, Shriprakash; Karande, Vinit
International Research Journal of Management, IT & Social Sciences Vol 4 No 2: March 2017
Publisher : International Journal of College and University (IJCU)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21744/irjmis.v4i2.408

Abstract

Paper currency i.e. currency note is basically a promissory note that simply recommends that the payee has promised to pay that amount to the payer. The same is written on every currency paper as well. This is authenticated in India by the RBI Governor. This currency notes people can you for the exchange of goods and services. It is considered as a legal tender for performing transactions. Demonetization means the scrapping of old currency notes and cancelling their legal status of tender. Shri Narendra Modi, The Indian Prime Minister, in his speech to the nation on 8th November, 2016 declared the demonetization of the Indian currency notes Rs. 1000 and Rs. 500 with effect midnight of 8th November, 2016. This move sent the whole country in a wobbly. The Honble Prime Minister specified this decision is a decisive attack against the black money being stored by the citizens of the country as well as a step to counter terrorism which was being funded by counterfeit money. This decision cancelled the legal status of the high value currency notes of INR 500 and 1000 with immediate effect and introduced new Rs. 2000 and Rs. 500 notes. This is really an unexpected surprise for all Indians. This sudden decision affected the several sectors including the Indian economy. Positive and negative impacts of the demonetization decision on Indian citizens are covered in this paper with the help of primary and secondary data. This paper is a sincere attempt to study the present scenario, short term and long term effects of demonetization in India.
Fundamental Analysis of Car Manufacturing Companies in India for 1.4.2005 to 31.3.2016 Soni, Shriprakash; Chandak, Govind
International Research Journal of Management, IT & Social Sciences Vol 4 No 1: January 2017
Publisher : IJCU

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21744/irjmis.v4i1.345

Abstract

The most important strength in today’s volatile financial market is information. Investors always confused on the information as to where to invest, when to invest and how much to invest their money. Generally, the information derives from market or some different sources. To act on this information, analysts, experts, and researchers start researching whether the information has positive or negative impact. At individual level, an investor can also do the fundamental analysis, which will give him a better foundation for his investment decisions. This analysis helps investors in taking decision. If investor will take decision based on wrong information, the losses incurred could be tremendous and harmful and the recovery of the investment can take a lot of time or sometimes it can be irrecoverable. Hence, investors should spend a sizable amount of time for scrutinizing financial position of the company, shares of the company and calculating estimations of the same. The fundamental analysis helps to understand the patterns in company’s financial performance. One can easily predict the future performance based on fundamental analysis by using financial statements. It is generally useful for long-term investment. As quoted by John Forman, “Fundamental analysis is very powerful in terms of determining long-term direction, but lacks short-term applicability”. The researchers used some of the important key variables for a period of 10 years i.e. from 2006-07 to 2015-16 for top five automobile companies (Car-Indian Manufacturing) namely TATA Motors DVR, Mahindra CIE Automotive, SML-Isuzu, Force India and Maruti Suzuki India. The researchers also compared the fundamentals of these 5 companies and applied different statistical tools.Â