Vandana Shajan
Showing all 9 books
If the banking sector saw a consolidation process, it was all due to the spurt of mergers and acquisitions (M&As) in other industries. Banks merged to keep costs and prices low, leverage on advanced technology, diversify risk, increase market reach and provide a one-stop financial solution to its customers. Worldwide, this transformation first began when Europe’s two largest banks, Union Bank of Switzerland and Swiss Bank Corp, merged. Similar deals took ...
The world today is getting closer through greater economic integration, termed in technical idiom as globalization. It can be defined as an inexorable integration of markets, nation-states and technologies to a degree never witnessed before in a way that is enabling individuals, corporations and nation-states to go round the world farther, faster, deeper and cheaper than ever before. Hence, the effect of such globalization pervasively influences every aspect of ...
The primary goal of social security is to ensure access to health and social services, to provide income security to cope with uncertainties of life (like: loss of income due to retirement, injury during work, disability, unemployment etc.,) and prevent poverty. In the age of globalization, social security is considered to be one of the important welfare programs, as it acts as a shield for people in general. Since its inception after the Great Depression, it has ...
Portfolio investments or foreign institutional investments have become increasingly evident for developing countries. Though their presence is short-term in the domestic markets, they help the economy have a higher degree of liquidity with higher price earning ratios and in turn reduce the cost of capital for investment. They are largely determined by the performance of the domestic stock markets in relation to the markets worldwide. With the liberalization of ...
Special Purpose Vehicle is a very common finance model nowadays. An SPV or a Special Purpose Entity (SPE) is a legal entity created by a firm (known as the sponsor or originator) by transferring assets to the SPV, to carry out some specific purpose, or a series of such transactions. SPVs have no purpose other than the object for which they are created, and they can make no substantive decisions, the rules governing them are set down in advance and their ...
There has been a positive trend in the IPO market since 2003, following a deep slump in 1999 after the burst of the IT stocks. The repercussions of this were severe and investors took a long haul to regain their confidence. But now that the stock market is doing well, the same is expected of IPO markets as well. This can be assumed, because, in the year 2003, revenues generated through IPOs were close to $118 billion, from 1100 deals. China was a major ...
Increasing population, pollution levels, rapid economic development, industrial revolution and speedy urbanization cause a severe water crisis. Besides, water for agricultural purposes for fertilizers, pesticides, livestock and crop production also require more water. Additionally, all over the world the sustainable ground water balance of certain regions is shrinking fast. In the light of this, studies indicate that by 2025, one-third of the world population ...
Since its inception in the 1880s, the music industry has witnessed constant development with the development of technology. From the time music was developed into manuscripts till today where music is available in its most developed form—digitization—the music industry has come a long way. It has been observed that technology and music have almost become complementary to each other. The development of the Internet was another major milestone in the growth of ...
Healthcare is becoming one of the most sough-after sectors in the world. People, today, are much more conscious of and want a safe and secure future both financially and socially. Thus, health insurance has become the buzzword of the day and more and more insurance policies are being introduced day after day to suit customers’ requirements. The scenario abroad is quite different as compared to that of India, as many people there are aware, and also more ...