Vol 2 Issue 2 October 2014-March 2015

Abstract: In this research article author has selected 15 public limited listed companies out of 55 member companies of Gujarat State Plastics Manufacturing Association, Gujarat, India and collected 10 years i.e. (2001-2010) financial data. And found out 14 various composite ratios.  Such composite ratios have been worked out using weighted mean. Since the companies included in the sample have variable size in terms of its paid-up capital, it is very important to use ‘paid-up’ capital of that company as weight and find weighted mean of the ratios to arrive at composite ratio for the industry because in such cases weighted mean provides more efficient estimate than the mean does. To analyse financial performance of plastic industry of Gujarat (India) researcher have used weighted mean as statistical technique and applied one way Analysis of Variance (ANOVA) to test whether there is significant difference in the financial performance of Plastic Industry of Gujarat among the selected years i.e. during study period. Overall picture of the industry in terms of net profit margin ratio during the first half of the decade was steadily improving and was not stable in the second half of the decade as it was moving up and down every alternate year.

Keywords: Plastics Industry, Financial Analysis, Composite Ratios, Weighted Mean, Analysis of Variance, Liquidity, Profitability, Activity, Solvency Ratios.

Title: Analysis of Financial Performance of Plastic Industry of Gujarat (India) During 2001-2010

Author: Dr. Harshad Tandel

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: This paper comprises three sections i.e. the National Commission, the State Commission and the District Forums. Disputes Redressal Agencies have been established under the Consumer Protection Act, 1986 and their composition, Jurisdiction, and appeal have been discussed separately. Apart from this, performances of the Redressal Agencies have also been examined for the period from 2003 to 2014. The study concludes with the fact that there is a critical need of settlement of pending cases at all the levels of the consumer disputes redressal agencies to facilitate the ultimate justice to the consumers. The researcher agrees with the common saying that justice delayed is justice denied.

Keywords: CPA, Consumer Disputes Redressal Agencies, National Commission, State Commission, District Forum.

Title: Performance of Consumer Disputes Redressal Agencies in TN

Author: G. Deepa, Dr. K. Vijayarani

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Kerala as a destination has a great tourism potential. Village Tourism is accepted as a sector with a high potential for economic development and employment generation. Village tourism is travelling backwards in time to places where the way of life has not changed and everything is still built by hand, made by hand and created by hand. People in villages are untouched by western principles, computers or modern necessities. Village tourism has wider possibility in Kerala which is a cluster of many villages and they remain the most excellent spot to enjoy the amazing splendor of nature.  Apart from beaches and backwaters; verdant hill stations, wildlife sanctuaries, various plantations, temples, forts, palaces etc are also very popular attractions of Kerala. So Kerala can be called as an all season destination, which provides tourism activities in summer, winter and monsoon seasons. The art forms of Kerala are embodiments of Kerala’s culture. Beaches, backwaters, hill stations, waterfalls, wild life, Ayurveda, year round festivals and the diverse flora and fauna make Kerala quite distinct from the other Indian States. The pleasant climate is also a positive factor.  Village Tourism is a non-seasonal product that can be enjoyed any time of the year. The prominence of village tourism in Kerala is recognized with many positive impacts for host, tourist and environments including protection, promotion of positive environmental and cultural aspects, sustainable development and also employment opportunities for locals.

Title: VILLAGE TOURISM IN KERALA

Author: SMITHA S

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Indian retail industry is one of the sunrise sectors with huge growth potential. According to the Investment Commission of India, the retail sector is expected to grow almost three times its current levels to $660 billion by 2015. However, in spite of the recent developments in retailing and its immense contribution to the economy, retailing continues to be the least evolved industries and the growth of organized retailing in India has been much slower as compared to rest of the world. Undoubtedly, this dismal situation of the retail sector, despite the ongoing wave of incessant liberalization and globalization, stems from the absence of an FDI encouraging policy in the Indian retail sector. In this context, the present paper attempts to analyses the strategic issues concerning the influx of foreign direct investment in the Indian retail industry. Moreover, with the latest move of the government to allow FDI in the multi-brand retailing sector, the paper analyzes the reason why foreign retailers are interested in India, the strategies they are adopting to enter India and their prospects in India.

The findings of the study point out that FDI in retail would undoubtedly enable India Inc to integrate its economy with that of the global economy. Thus, as a matter of fact FDI in the buzzing Indian retail sector should not just be freely allowed but should be significantly encouraged.

Keywords: Organized retail, sunrise sector, globalization, foreign direct investment, strategic issues and prospects.

Title: FOREIGN DIRECT INVESTMENT IN INDIAN RETAIL SECTOR: STRATEGIC ISSUES AND IMPLICATIONS

Author: Dr.C.Manikanda Muthukumar, S.Subasri

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Culinary tourism, also referred to as gastronomic or wine and food tourism, is a niche area of tourism studies that has grown rapidly in recent years in terms of tourism research and education (Hjalager & Richards, 2002: Hall et al., 2003; Hall & Mitchell, 2005a, 2005b). The focus has been more on regional cuisine. Punjab is no exception. Punjab’s food is a signature of state and has made its mark on a global scale.  This food if re-oriented towards tourism it could add flavours to tourism in Punjab.  It could add a missing perspective to the quest for sustainable tourism (Scarpato 2002). Curries and spices have become synonymous with Punjab. Often tourists savour Punjab food and are unaware that the food they are savouring belongs to Punjab. The potential is there it needs only to be marketed and results will be there for the world to see.

Keywords: Culinary Tourism, Food Tourism, Punjabi Cuisine, Farm Restaurants, Dhabas.

Title: PUNJABI CUISINE AS A CULINARY TOURISM PRODUCT:  A STUDY THROUGH A RESEARCHER’S LENS

Author: Jaswinder Singh

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: The hotels have become second home for leisure travelers and second office for business travelers. With rising acts of terrorism on board, the tourists and travelers have become skeptical about security issues within the hotel premises and often safety quotient of the property. The current issue looks into the safety-security issues haunting the thought process of guests and the modern options and approach that hotels have to gain the confidence of their guests.

Keywords: hotels, terrorism, safety, security, guests.

Title: Safety & Security Concerns in Hospitality Industry

Author: Jaswinder Singh

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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