6. Basic Infrastructure (STC‚ Railways‚ SAIL) Organization of Public Sector •Ministry ( Railway‚ Finance etc) •Departmental Undertaking (Defense‚ Post & Telegraph‚ Defense production unit) •Statutory Corporation( LIC‚ AIR India‚ IFC‚RBI‚ONGC‚ etc..) •Central Board (Bhakra Nangal‚ Hira Kund ‚Nagarjun Sagar dam) •Government Companies ( Ashok Hotels‚ ITI‚ HMT Hindustan shipyard etc) Pricing Practice Administrative Price : Price fixed by Government No profit –No loss Price ( DVC‚ Hindustan
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IFRS... in India International Financial Reporting Professor Uri Ronnen Year:2012/2013 Table of Contents What is IFRS?...........................................................................................................2 What is the difference between Adoption and Conversion of IFRS ...............4 The current situation of Accounting India :If the conversion is not a problem the total adoption is still delayed ………………..........................………
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OLIGOPOLY A market structure dominated by a small number of large firms‚ selling either identical or differentiated products‚ and significant barriers to entry into the industry. This is one of four basic market structures. The other three are perfect competition‚ monopoly‚ and monopolistic competition. The three most important characteristics of oligopoly are: 1. An industry dominated by a small number of large firms 2. Firms sell either identical or differentiated products 3. The industry
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The Problem of Secularism in India Secularism is one of the most contested ideologies in most parts of the world. As T.N. Madan (1997) states‚ we may not hear of wholly secularised societies‚ even in the West‚ which is responsible for introducing the ideology to the rest of the world. In the Indian context‚ no other ideology may have generated more attention‚ debate and controversy since the country’s independence. Yet‚ despite the vast and varied literature and public discourse‚ the ideal of secularism
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Rent Control in New York: An Economic Analysis Rent control refers to laws that limit the amounts of rent and the amounts that rent can be increased in any year. There is no statewide rent control in the US‚ and all the rent control laws and regulation are passed by cities. Most of the cities with rent control are located in New York‚ California‚ and New Jersey. Washington‚ D.C. also has rent control. Rent control first appeared in the United States in the early 1900s as a way of dealing with
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and traces its roots to the silver standard currency basket of the colonial rule. Originally produced in India in the 15th and 16th centuries by Mogul rulers‚ the currency shifted to Gold Standards in 1898 with the British dominance of the subcontinent. The currency is controlled by the Reserve Bank of India that manages the policies through its broader mandate as the acting central bank of India. Historically‚ the currency has been pegged to the British sterling and then to the US Dollar until 1971
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case first went to the U.S. district court‚ but the court ruled in favor of the school board. The plaintiffs then appealed to the U.S. supreme court.The plaintiffs in Brown asserted that this system of racial separation‚ “while masquerading as providing separate but equal treatment of both white and black Americans‚ instead perpetuated inferior accommodations‚ services‚ and treatment for black Americans.” The Board of education used the result of the Plessy v. Ferguson trial in 1896 when a black man
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TERRORISM IN INDIA AND LEGISLATION FOR THE PREVENTION AND COMBATING THE SAME UNDER CRIMINAL JUSTICE SYSTEM – A SOCIO LEGAL STUDY Caesar Roy* ____________________________________________________________ _________ INTRODUCTION Terrorism is not new and though it was seen since the beginning of recorded history it is hard to define. The earliest known organisation was the Zealots of Judea. The Assassins were the next group to
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INDUSTRIES Today India is one among the top ten industrial nations of the world. Industrial development has changed India’s economy from under-developed status to developing status. Industries can be classified into various types on the basis of their structure. The two main types are: 1) Manufacturing industries including heavy and light industries. 2) Small-scale and cottage industries . Manufacturing industries: Industries which are concerned with the processing or conversion of raw
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Self help is the best help Self-help is root of all success in this world. Self-reliant men do not depend upon others for doing their work. The sprit of self-help begets many good qualities in men. They work hard. They obtain strong will-power and firm determination. They develop faith in themselves. They acquire courage and strength of mind. They can face difficulties boldly and overcome them early. Hence‚ they win success in life. There is real pleasure when we do our work ourselves. Idle persons
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