During the past one and a half decade the Indian capital market has discerned significant transformation and structural changes. This has been due to the ongoing economic reforms brought about by the Government of India since the early nineties. These reforms were primarily aimed at improving market efficiency, enhancing transparency and putting check on unfair trade practices so that the Indian capital market could move up to match the international standards. These changes in turn led to a major shift of focus of research concerning various issues of Indian capital market. This volume brings together a number of research papers which throw light on some of the issues related to the changing structure and character of the Indian capital market. The research papers included in the book excepting the one by Gupta and Gupta have been selected out of those presented at the First National Conference on Indian Capital Market: Emerging Issues organized by ICFAI business school, Gurgaon in association with the Association of Indian Management Schools in April, 2007 at IBS Gurgaon. It includes inter alia, research studies, focusing on the following four aspects: Market Efficiency and Anomalies. Asset Pricing. Derivatives. Mutual Funds. The papers have been contributed by well known academics and professionals. The book will be useful to academics and professionals alike, policy makers, research scholars, students perusing professional programs.
ABOUT THE AUTHOR Amitabh Gupta
Dr. Amitabh Gupta is an M.Com., M.Phil., MFC, and Ph.D.from University of Delhi. He is a Lecturer at the Department of Financial Studies, University of Delhi, South Campus. He has teaching & research experience of 15 years.
ABOUT THE AUTHOR O.P. Agrawal
O.P. Agrawal, Founder and Former Director of the National Research Laboratory for Conservation of Cultural Property and at present Director General of the INTACH Indian Council of Conservation Institutes is considered to be the foremost international authority in the field of conservation of cultural heritage of Asia. During his long career of almost 50 years, he has been intimately connected with numerous national and international professional organizations. Activities of O.P. Agrawal have been multi faceted and in him, one can find an amalgam of a creator, a visionary, a scientist, a writer, a researcher, a trainer, a conservator and a museologist. He is the president of the International Council of Bio-deterioration of Cultural Property; is the former President of the India Association of the Study of Conservation of Cultural Property and was also the president of the Museums Association of India. He acted as the Vice-President of the ICCROM Council, Rome for several years. He has often been invited to go abroad as a Consultant on behalf of UNESCO, ICOM and ICCROM. He has authored or edited about 35 books and contributed more than 200 articles. He is the recipient of the International Award "Personality of Conservation" - 1990 from Brazil and ICCROM Award - 1993. Kanpur University conferred upon him D.Litt. (Honoris Causa) in 1994.
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