COVER STORY
The Satyam Fiasco
-- VDMV Lakshmi and Alpa Sethia
The Satyam scandal has shaken the confidence of the owners and the stakeholders of the
company across the globe. The investors even suspected the due diligence exercised by all the
responsible entities associated with this company. Hence there is an immediate need to revise the
corporate governance practices in India.
© 2009 IUP. All Rights Reserved.
ECONOMY
Dollar Hegemony
: The Beginning of an End?
-- Pradeep Kumar Gupta
The US dollar has continued to remain the world's premier currency since the 1970s. This
article argues that this dollar `hegemony' has been exploited by the US which is an unhealthy trend. It
also examines if the current recession will pave way to end the dollar hegemony.
© 2009 IUP. All Rights Reserved.
EQUITY
Vice Stocks : Losing Luster?
-- PS Sarath Chandra
Vice stocks, which are often considered as being recession-proof, are not living up to
their reputation this time.
© 2009 IUP. All Rights Reserved.
EQUITY
Straight Through Processing in the Indian Capital Markets
-- Vishal Mainkar
Indian capital markets have undergone many changes during the last decade. With
changes happening in quick succession SEBI has been putting all its efforts to increase the efficiency
and transparency of the markets. The exponential growth in trading volumes and increased
settlement risks have pushed the need for Straight Through Processing making it a pre-requisite for the
smooth functioning of the markets.
© 2009 IUP. All Rights Reserved.
MUTUAL FUNDS
Best Funds to Invest
-- Rajni Sofat and Preeti Hiro
As we move into 2009, the level of pessimism among the investors is deepening and most expect
it to be another tough year. However with the stimulus being given by the governments across
the world, the investors must ensure to make the right investment choice now. This article puts
forth mutual funds as an ideal choice and compares the performance of various funds.
© 2009 IUP. All Rights Reserved.
DERIVATIVES
Currency Futures
: Trends of Today and Forecasting of Tomorrow
-- Sumeet Gupta
In the present integrated business environment, entities irrespective of the nature of their
business are impacted by currency risk. Currency futures have been introduced in the Indian markets
to enable the businesses to hedge their foreign exchange risks. This article analyzes the current
trends of the currency futures segment in India and forecasts its growth.
© 2009 IUP. All Rights Reserved.
COMMODITY
The Crude Reality of Crude Oil
-- Puja Mehra
The price of crude oil touched a peak of $147 per barrel in mid-2008 and sent jitters across
the world, resulting in high inflation and higher interest rates. However, from September 2008
the prices have dipped and have hovered around $50-$60 range due to the decline in the
global demand and the global credit crisis. This article analyzes the factors responsible for the changes
in the crude oil prices. It also predicts the future movement of the oil prices.
© 2009 IUP. All Rights Reserved.
COMMODITY
Indian Energy Exchange
: Bridging the Power Gap
-- Y Bala Bharathi, Sanjoy De and GP Mrudhula
With the launch of the first power bourse, Indian Energy Exchange, India has entered into the
elite club of developed nations that possess a power exchange.
© 2009 IUP. All Rights Reserved.
INDUSTRY
SPACs
: Growing Prominence
-- Vajjhala Ratna
In the present volatile financial market conditions when access to liquidity is limited,
special investment vehicles called SPACs are intensifying the competition for deals in the M&A landscape.
© 2009 IUP. All Rights Reserved.