The US sub-prime mortgage crisis has turned out to be a full-blown global financial crisis with experts terming it as a financial tsunami. Countries in the world have been witness to and suffered from the impact of the bursting of …

Stock market indices are the barometer of the stock market. They mirror the stock market behavior and the broad trends in the markets. The SENSEX compiled in 1986 was calculated on a "Market Capitalization-Weighted" methodology of 30 component stocks representing …

The potential conflicts of interests among owners, managers, and other security holders create an environment in which an outside auditor may contribute significant value to investors. In fact, recent corporate scandals, such as Enron and World Com have focused the …

The objective of interim reporting is to provide information to the stakeholders of the business to have an idea regarding capacity to generate earnings and cash flows, its financial condition and liquidity. Shareholder is real owner of the business. He …

The emergence of special purpose investment vehicles created by governments, popularly called Sovereign Wealth Funds (SWFs) has been one of the most striking developments in international finance in the recent years. The SWFs have been growing rapidly both in terms …

One of the most significant changes in the financial services sector over the past few years has been the growth and development of bancassurance. With the opening up of Insurance Industry for foreign investments the state owned insurance companies are …

This paper examines stock market reaction to the earnings announcements by taking December 2001 quarter earnings announcement as an event. The study is based on 152 companies having minimum 20 percent foreign holdings. The companies are divided into, good news, …

Participatory Notes are offshore derivative Instruments issued against the underlying securities; mainly shares, stock/stock index derivatives, by the FIIs and their sub-accounts registered with SEBI, to the overseas investors; foreign funds or hedge funds who wish to invest in the …