Study of the Insolvency and Bankruptcy Code 2016

India has been riddling since decades with the problem of insolvency and bankruptcy issues. Several public sector banks, financial institutions and operational creditors were facing severe credit default risk. Various laws and codes have been passed as a corrective measure, but have proved to be inefficient and failed to provide any kind of relief to the creditors. There was thus a need for reform in insolvency and bankruptcy laws. The Insolvency and Bankruptcy code 2016 (IBC) has been instrumental in creating a shift in the way the bankruptcy process of defaulting firms has been dealt with. The IBC 2016 promises to bring about transparency, method and infrastructure in the entire system of liquidation. Changing up core aspects of the insolvency process, it gives companies a well-deserved chance at revival. Despite the recent amendments to the code and regulation changes by the Insolvency and Bankruptcy Board of India, there are still few grey areas in the code. This paper aims to thus test the effectiveness of the IBC 2016 since its introduction in 2016 and whether it resolves lags in the previous system. Hence, the paper dwells into the various components of IBC to critically analyse its sustainability and scalability. The research paper is purely based on secondary research through different news articles and reports from reliable sources. Though it is too early to comment on the impact of the IBC 2016, the researchers have tried to study the code and conclude whether it will be successful in fixing the problems and will keep up to its promise in the long run.

The Impact of Class and Income on Attitudes Towards Women’s Careers and Career Choices

The status of women is defined by the cultural norms and not their monetary status. But if we compare their monetary status with their cultural status, we come across a very strange result. Regardless of the class she belongs to, she is free and independent only for two reasons. Either she can be happily ambitious, or she is in need of money and has no other source. Equality of gender still does not exist. It might never exist, according to the culture we follow. Male domination will still be in fashion, women will still have to act within the boundaries of cultural norms and this will continue until the women of our nation raises their son with the values of eliminating dominance of the female gender. Also, for this to happen, a woman herself needs to understand and accept her importance of existence. The change in the psychology and acceptance power of both women and men will bring about existence of 'woman empowerment‘, until then, these two words will merely remain just two words.

Workforce Diversity: Boon or Bane to the Organisation

Workforce diversity is a critical area of competence for any organisation. It is an important asset for every organisation that seeks competitive advantage in the global economy. With the change in needs at the fast pace, the association among the people from varied culture, background, beliefs etc. has increased substantially. Wambui et.al. state that HRM practices need to promote diversity for business to grow effectively. The paper discusses the various benefits of a having a diverse workforce along with the challenges linked to it (post #me too movement also). The study of various literature and research papers and books has been done which reveals that diversity is all about differences. The manner in which we analyse and use these differences will determine whether diversity is an asset or liability to the individual and the organization. Workforce diversity can prove to be a strong pillar to the organisation if managed appropriately. There is need to lead a diverse workforce that can give diverse benefits to the organisation.

Emotional, Social and Cognitive Intelligence

Emotional, social and cognitive intelligence When Emotional, Social and Cognitive Intelligences are used to manage one-self as a day to day practice, this will transcend in to all aspects of one‘s life. Most people operate based on their emotions, and in those irrational thoughts, irrational decisions are made and that can be detrimental to all involved. Many theorists in the past have discussed emotions and social and cognitive intelligence, and one of those theories are Emotional Intelligence (EI). According to Psychologytoday.com "Emotional intelligence refers to the ability to identify and manage one's own emotions, as well as the emotions of others". When it is used on a frequent basis to manage life in an organic way it will make the work environment more harmonious, there will be mutual respect if each person has self-respect first. Values are individual, but virtues transcend through all, and all can relate to the them. Virtues meaning Love, Peace, Happiness, etc. All human beings want these basic qualities in their lives. In expanding further, Carl Jung was a theorist who created 4 stages of Life and they are the athlete, the warrior, the statement, and the spirit. When one can understand the four stages in Life, one can be successful in living a life to its full potential in this era. This study will take us through the 4 stages of Life and how to use Emotional, Social and Cognitive Intelligence and other methods in every aspect of life.

Highest and Best Use Analysis in Micro-Market of Dombivli

Kalyan-Dombivli is a twin city within the Thane district and forms the "Peripheral Central Suburbs" of Mumbai. Dombivli is a town in Kalyan tehsil and falls under the jurisdiction of Kalyan-Dombivli Municipal Corporation (KDMC). Highest and Best Use Analysis was conducted for the micro-market Dombivli using six step market analysis process. This study focuses on being able to understand the real estate market dynamics in the given context of the chosen micro-market. This allows one to make an informed decision about the most profitable use the site can be put to and its competitive position among the various market participants. The site chosen is hypothetical in nature. The study makes use of primary and secondary data for the various rationales presented in it. It was observed that there is a dearth of affordable properties, Grade A commercial spaces, organized retail spaces (malls) in the city despite an oversupply of residential housing. The inferences and recommendations are based on several scientific methodologies of urban economics and market study. The major conclusion drawn among them all was that, mixed use of the property (Commercial/Residential mix and Commercial/ Retail mix) would bring in the highest returns.

Competitive Market Conditions: Hospitality in the Upmarket Neighborhood of Juhu

Sustainable development (SD) was defined for the first time in 1987 in the report "Our common future" as "Development...that...meets the needs of the present without compromising the ability of future generations to meet their own needs". In today‘s competitive business environment where technology pays a large role in enabling the business to be held locally and overseas, it becomes easier to win customers. The goal is to focus on productivity by generating more sales and margins compared to its market rivals. By continuously keeping a balance among the social and economic dimensions, this paper will focus on the need to extend an already existing management system or develop a new one in order to improve sustained development as well as cover the principles of sustainable development to achieve the factor of sustainability in the changing market scenario. Market delineation and Sustainability Analysis of Juhu to identify the most profitable and competitive use of real estate property such as hospitality which is legally and physically possible, financially feasible, maximally productive while the micro- market should be able to absorb this property to show its highest value in terms of use and profitability to the investor as well as stand at large in fulfilling the major aspect of sustaining.

P2P Lending: Bridging India’s Credit Gap

With the financial meltdown, new financial innovations and alternative investment products made their way to India. The concept of Peer to Peer lending is an alternative financing option available to the unbanked section of the population or people with limited institutional credit exposure. Developments in new digital tools, alternate credit models enabled bridging of the credit gap. With RBI devising a regulatory framework and stringent policies, these NBFC-P2Ps have been given a needed push to the cause of financial inclusion in the Economy.

A Study of Agriculture Marketing with Special Reference to Green Chillies in Palghar District

The Research paper is going to analyse the agriculture marketing concepts which are considered important for marketing of agriculture produce in India. Marketing of agro produce has change over a period of time. It is no longer a farm output which is only consumed in the specific geographies or district or a state but it has cross the boundaries of the state and ventured in to the other parts of the country. The product can also be sold directly in the local markets or through different distribution channels across the state. The three functions which have to be undertaken before it reaches the consumer are Cleaning, Grading, Packaging and made ready for transportation to various agents at APMC markets with the help of co-operative societies. Chillies are not stored in the raw form when it is plucked from the fields. So marketing becomes essential as the product shelf life is short before it goes for consumption. Hence, distribution plays a vital role in the marketing of chillies.

Impact of Bank Merger on Retail Customer, Shareholers and Employees: a Study of Merger of Dena Bank and Vijaya Bank with Bank of Baroda from a Futuristic Perspective

In every economy, banking sector plays a vital role and it is one of the fast growing sectors in India. In pursuit of gaining a competitive advantage, both private and public banks are making intense efforts to sustain and outperform each other. In the present scenario, banking sector is facing a lot of challenges such as changes in regulatory environment, evolution of online banking, significant financial consolidation etc. which in turn makes Indian financial industry to be highly competitive. In order to gain a competitive advantage and positive synergy, banks are adopting consolidation strategy to have an impact on the market. Mergers and acquisition not only give a synergy advantage but also open up various opportunities and, varied challenges, which may affect the efficiency of the banks, its employees and thereby its customers.

Millennial Workforce: Personality Traits and Motivating Factors

Children born in the 80s and 90s, the Millennials are today‘s 20 to early-30-somethings, poised to make up the majority of the workforce by 2025, and already an important part of the working population. The Millennials, also known as Generation Y, Gen Y and at least a dozen other labels, is now the largest single generation (35%) in the workforce. That makes Millennials a force to be reckoned with. That is a problem for companies who are still trying to figure out how to attract, manage, and retain a younger generation with very different values than the Baby Boomer. Millennials can no longer just be a buzzword thrown around the board room like a hot potato - it is time for organizations to embrace the new workforce majority and start understanding millennials in the workplace, and as a result, embrace the new world of work.