...2009 THE CHANGING ROLES OF TRADE UNIONS IN INDIA: A CASE STUDY OF NATIONAL THERMAL POWER CORPORATION (NTPC), UNCHAHAR Piyali Ghosh1*, Shefali Nandan1 and Ashish Gupta2 1 School of Management Studies, Motilal Nehru National Institute of Technology (Deemed University), Allahabad, India 2 Probationary Officer, State Bank of India, Kanpur, India *e-mail: piyali2602@gmail.com ABSTRACT Trade unions are a major component of the system of modern industrial relations in any nation, each having, in their constitution, their own set of objectives or goals to achieve. Change in the political, social and educational environment has seen them rechristened as a forum that protects and furthers workers' interests and improves the quality of life of workers, enlarging their traditional roles of establishing terms and conditions of employment. This paper focuses on plant level trade unions, particularly those of the National Thermal Power Corporation (NTPC) Unchahar plant, one of the largest and best Public Sector Undertakings of India. This exploratory study of the different trade unions operational at the Unchahar plant will also highlight their ideologies, objectives and structures. We aim to capture the changing paradigms in the roles of plant-level unions: from maintaining good industrial relations, once considered their primary role, they now work actively to improve the quality of life of workers, a role earlier considered to be secondary. Keywords: trade union, National Thermal Power...
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...Trade with India Major items of export from India to Pakistan are sugar, cotton, man-made filaments and chemicals, while its top imports from Pakistan include fruit, mineral fuels, and organic chemicals. Pakistan is trying to normalize its trade with India most obviously by the end of this year and also to untight the major import restrictions. Normalizing trade relations with India is in the best interest of Pakistan as it would not only help strengthen the national economy but boost economic activities in the region also. India granted Pakistan “most preferred nation” status which is intended to remove discriminatory higher pricing and duty charges in 1996.Pakistan did the same and give the same similar status to India. At present, Pakistan maintains a list of 1,945 items allowed to run from India to Pakistan, but only 108 can be transported directly by road through the border.The trade between the two countries would increase overall relations between the two countries but there are also confronting issues between two countries that needed resolution such as Kashmir.There are some hurdles still that Pakistan is facing from different sides but it is felt that peaceful environment is in the best interest of Pakistan. I personally believe that peace and stability is absolutely elusive as long as emotional thinking is there or restrictions on bilateral trade is there.Pakistan should welcome each and every opportunity related to trade from her historical rival India in...
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...Trade Relation between India and Pakistan. Introduction India and Pakistan have been trying, though not very successfully, since the Shimla Agreement, 1972, to create political harmony. Several attempts later, the political and security issues have only become worse. It is imperative to explore the bilateral trade relations between India and Pakistan, so as to seek a way towards a deeper engagement, as these two countries have the potential to change the geopolitical dynamics of Asia.We shall first explore the history of bilateral trade relations between the two nations. History of Trade between India and Pakistan Bilateral trade between India and Pakistan could be of mutual gain to both as they were not separate once. Mumbai and Karachi, their major business centres are near each other, which serves another advantage. But these advantages are marred by disadvantages such as, non-tariff barreiers, poor trade facilitation measures like customs and porcedural barriers, difficult visa regime, poor infrastucture resulting in costly transportation, and many more. At the time of independence, almost3/5th of Pakistan’s total exports were directed towards the Indian market, and 1/3rd of its imports came from India (Sangani and Schaffer 2003). But discord in political relations obstructed bilateral trade. After India’s devaluation of its currency in 1949, Pakistan refused to devalue its currency and later imposed import restrictions...
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...With the recent subprime financial crisis in the U.S. it is evident that the U.S., China and India are dependant on each other. Although the subprime crisis was related to factors regarding monetary policy in the U.S., China and India have been negatively affected. China and India assumed that they would be immune to the after affects of the subprime financial crisis which took place in the U.S. housing sector. Unfortunately China and India have been greatly impacted by experiencing financial instability and experiencing a deep recession. China’s banks not being overly exposed to these toxic assets were supposed to be able to weather the storm and be a source for global liquidity. When U.S. imports of automobiles, electronics and machinery from China slowed down, their economy was disrupted. Similarly to the liquidity crisis taking place in the U.S., India is experiencing their own liquidity squeeze. The BSE was forced down when foreign portfolio investors withdrew over $11 billion dollars. India, China and America are commonly described as emerging powers. Over the years China and India have become economic, political and military powers in the 21st century. The United States, China and India have a common interest in peace and prosperity. This relationship provides the U.S. with low cost consumer goods and advanced manufactured products to the India and China. Recently, more people have been viewing these relationships as a threat. However, the international division...
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...in Foreign Trade in India” Authors: Nader Angoutin Research Scholar in Commerce, University of Kerala, Trivandrum. Email:Nader_Angoutin@yahoo.com Abstract This paper analyses the Study of International Marketing Application in Foreign Trade in India. The study argues the international marketing as simple extension of exporting, whereby the marketing miss is simply adapted in some way to take into account differences in consumers and segment. International marketing research really plays an important role in the marketing research. The study will help in understanding the application of international marketing and knowing the socio economic, foreign trade and financial economic effects. This will fill a critical gap as not much information is available in the context of International Marketing Application in Foreign Trade in India. Keywords: International Marketing- Foreign Trade INTRODUCTION: International marketing is simply the application of marketing principles to more than one country. However, there is a crossover between what is commonly expressed as international marketing and global marketing, or across national borderlines. The intersection is the result of the process of internationalization. Many American and European authors see international marketing as simple extension of exporting, whereby the marketing miss is simply adapted in some way to take into account differences in consumers and segment. International trade is also a...
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...SOFT DRINKS IN INDIA Euromonitor International July 2014 SOFT DRINKS IN INDIA Passport I LIST OF CONTENTS AND TABLES Executive Summary ..................................................................................................................... 1 Soft Drinks Records Further Growth in Value Sales ................................................................. 1 Launch of New Flavours Maintain Consumers’ Interest Amidst Slowdown .............................. 1 Competition Between Coca-Cola and PepsiCo Becomes More Aggressive ............................. 1 Modern Retailers Gain Further Popularity ................................................................................ 1 Sustained Sales Likely To Record Steady Growth in Sales ...................................................... 1 Key Trends and Developments .................................................................................................... 2 Manufacturers Focus on Introducing New Flavours.................................................................. 2 Celebrity Endorsements Remain As Popular Promotional Tool ................................................ 2 Modern Retail Gains Further Popularity.................................................................................... 2 East and Northeast India .......................................................................................................... 3 North India ....................................................
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...Introduction The following investigative document presents an overview of the textile industries in two emerging countries: Guatemala and India. The document analyses, compares and contrast the differences in the institutional structures of both countries and offers specific details and analysis of the textile industries for local and international businesses. Guatemala Republic of Guatemala is located in Central America bordered by Mexico to the North, the Pacific Ocean to the southwest, and Belize to the North East Honduras and El Salvador to the southeast. The country is mountainous with small desert and sand dune patches, having many hills filled with people, except for the south coastal area and the vast northern lowlands of Petén department. Two mountain chains enter Guatemala from west to east, dividing the country into three major regions: the highlands, where the mountains are located; the Pacific coast, south of the mountains; and the Petén region, north of the mountains. All major cities are located in the highlands and Pacific coast regions; by comparison, Petén is sparsely populated. These three regions vary in climate, elevation, and landscape, providing dramatic contrasts between hot and humid tropical lowlands and colder and drier highland peaks. Volcán Tajumulco, at 4,220 meters, is the highest point in the Central American states. Demographics Guatemala is a country of youth; 70% of its population is less than thirty years old. The capital...
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...Introduction of India India is the largest Part of south Asia. It is share with six other countries Including Nepal, Pakistan, Sri Lanka and Bangladesh. * Location: Southern Asia, bordering Bangladesh 4,053 km, Bhutan 605 km, Burma 1,463 km, China 3,380 km, Nepal 1,690 km, Pakistan 2,912 km * Capital: New Delhi * Climate: varies from tropical monsoon in south to temperate in north * Population: 1,065,070,607 (July 2004 EST.) * Ethnic Make-up: Indo-Aryan 72%, Dravidian 25%, Mongoloid and other 3% (2000) * Religions: Hindu 81.3%, Muslim 12%, Christian 2.3%, Sikh 1.9%, other groups including Buddhist, Jain, Parsi 2.5% (2000) * Government: Federal Republic (http://www.kwintessential.co.uk/resources/global-etiquette/india-country-profile.html) Indian Culture India is incredibly rich in culture and heritage. “Namaste “it is a common way of greeting people and elders. Indians always respect their alders. People of Indians are always famous for welcoming with flower garlands. They use flower garland for their special occasions such as marriages (exchange flower garland groom and bride) and offer flower garlands to gods and goddesses during their prayers. On the other hand, they spend a lot of money for their festivals. Indian women always wear traditional cloths, Indian saris are famous worldwide and Indian jewelry is represented the culture and tradition of Indian. Indian Government Pranab Mukherjee (India, President) Manmohan Singh (India, Prime...
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...Illuminer, Inc. Country, Market Entry & Strategy Analysis: India & Pakistan This report has been prepared for Illuminer, Inc. a manufacturer of tablets and smartphones. Their smartphones and tablets are assembled in China and then shipped across the world. The company primarily has market share in western markets, specifically the US and across several EU countries. However, as competition is tight between smartphone and tablet manufacturers in more developed western nations, Illuminer has decided to hire KLFH, LLP to explore market potential in two countries with growing 3 and 4G networks – Pakistan and India . Both have telecom companies that have burgeoning data-capable networks and millions of subscribers that would be ripe for Illuminer’s product lines. Illuminer has also asked KLFH to specifically look at two cities for this analysis, as they would serve as test markets for their entry into the country. To this purpose, KLFH has chosen the capital of both nations, New Dehli and Islamabad, for their additional research. KLFH has completed the following country comparison and market entry and strategy analysis, detailed below. Country and City Overviews India India is a highly populous country with a population of 1.21 billion. As the world’s population increases, India still plays an important role because of the fact that India holds over 15% of the overall population in the world. India is a country that has a rather young age group with a median age of 25. Since...
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...understand and appreciate another culture one should explore and research the motivations behind any societies’ physical, mental, emotional and economic developments. Africa and India have very diverse historical backgrounds that have created their cultures that embody their heritage and influence their future. Even though their past is dissimilar, globalization and migration is allowing societies to identify resemblances in each other. This paper will attempt to assist the reader to understand the background of African and Indian society, how occurrences shaped their family structure (domestic life and kinship) and how both relate or contrast from each other’s family lifestyles. Africa’s Background Africa is considered to be the place where people first originated. Its history is documented back to the time of “cavemen” and their use of fire, tools and cave drawings. People began to migrate to India, Arabian Peninsula and further as they followed animals herds. Eventually, Africa became so populated that Kingdoms where formed (Egypt, Kush). The more fertile land began to become over populated and the Bantu people stretched to the North. The Romans invaded the main empires and Egypt was under Romanian rulers for several years. Africa over the years has gone through many political changes. Africans began trade with other countries. The Bantu Klan owned all the fertile farmlands. The Bantu Migration...
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...Introduction BRIC is used in economics to refer to the combination of Brazil, Russia, India, and China which make up over 42% of the world's population. These nations are going to play a major role in the future of global economy. BRIC or BRICs are terms used in economics to refer to the combination of Brazil, Russia, India, and China. General consensus is that the term was first prominently used in a thesis of the Goldman Sachs investment bank. The main point of this 2003 paper was to argue that the economies of the BRICs are rapidly developing and by the year 2050 will eclipse most of the current richest countries of the world. Goldman Sachs argues that the economic potential of Brazil, Russia, India, and China is such that they may become among the four most dominant economies by the year 2050. The thesis was proposed by Jim O'Neill, global economist at Goldman Sachs. These countries are forecast to encompass over thirty-nine percent of the world's population. Goldman Sachs predicts China and India, respectively, to be the dominant global suppliers of manufactured goods and services while Brazil and Russia would become similarly dominant as suppliers of raw materials. Cooperation is thus hypothesized to be a logical next step among the BRICs because Brazil and Russia together form the logical commodity suppliers to India and China. Thus, the BRICs have the potential to form a powerful economic bloc to the exclusion of the modern-day G8 status. Brazil is dominant in...
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...SPECIAL REPORT ON EMERGING MARKETS www.dreamgains.com White Paper Special Report On Emerging Markets ABSTRACT This paper examines the four emerging economies- Brazil, India, Russia and China (BRIC) - that are expected to play an increasingly important role in the global economy in the coming decades. These four countries have come to symbolize the exciting challenges and opportunities presented by dynamic emerging markets. The first part of the report outlines key features of these economies and their growing contribution to world output and trade. The second part analyses the contribution of India towards the same. By 2050, the BRIC economies will account for 44% of global GDP. The emerging market accounts for an increasing share of global activity. Two centuries of vigorous industrialization has propelled economies of North America, Western Europe and Japan into a dominant position in terms of their share of world output. But the past three decades have seen steady erosion from the peak they attained during the 1970. The emerging economies now account for over half of world output. These dynamic economies are changing the world economic order as they industrialize, improve their infrastructure and rapidly develop their service sectors. By 2050, they will account for almost 78% of global output. This projection uses realistic assumptions of annual growth rates of 5.3% to 2050, well below those posted in recent decades by the economies of developing Asia at over...
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...SOCIO CULTURAL BARRIERS FACED BY COCA-COLA IN INDIA AND SOLUTIONS TO OVERCOME THE ISSUES CONTENTS 1. EXECUTIVE SUMMARY 3 2. TERMS OF REFERENCE 3 3. CURRENT SCENARIO 3 4. ANALYSIS OF THE SITUATION 4 4.1. STRENGTH 5 4.2. WEEKNESS 5 4.3. OPPORTUNITIES 5 4.4. THREATS 5 5. SOLUTIONS AND RECOMMENDATIONS 6 5.1. PUBLIC RELATIONS 6 5.2. ENHANCE RELATIONSHIP WITH GOVERNMENT 6 5.3. LAUNCH MARKETING CAMPAIGNS 7 5.4. LISTEN TO THE CUSTOMERS 7 5.5. MANAGING STYLE 7 5.6. PULL BACK PRICE- QUALITY TRADE –OFF PLANS 7 6. SUGGESTIONS 8 7. FORECASTS AND PREDICTIONS 9 8. CONCLUSION 9 9. REFERENCES 10 EXECUTIVE SUMMARY Coca – cola, the world’s largest selling soft drink company had established its strong presence in the world since 1886. Coca-Cola is the first international soft drink brand to enter the Indian market in the early 1970’s. Till 1977 Coca-Cola was the leading brand in India; later, due to FERA (Foreign Exchange Regulation Act), they left India and didn’t return till 1993. Coca-Cola had to face many issues regarding its quality, resource exploitation and market exploitation along with price-quality trade-offs. People all over India are challenging Coca-Cola for its abuse of water resource. Coca-Cola had affected both quality and quantity of ground water. Due to its waste extracts, Coca-Cola was criticized for polluting the nearby fresh water and ground water and soil; because of this issue, farmers...
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...International Research Journal of Social Sciences_____________________________________ ISSN 2319–3565 Vol. 2(8), 48-54, August (2013) Int. Res. J. Social Sci. India and China: Prospects and Challenges Mehraj Uddin Gojree Department of Political Science, Aligarh Muslim University, U.P., INDIA Available online at: www.isca.in Received 16th July 2013, revised 27th July 2013, accepted 12th August 2013 Abstract This paper seeks to assess the future prospects and challenges of the relationship between the two rising giants of Asia namely China and India. As they both are rising as great powers, their mutual relationship will have a significant impact not only on Asia, but on the whole world. At present, the nature of their relationship is something mixed i.e., growing cooperation in the field of trade and commerce along with distrust and mutual suspicions in the strategic fields whether political or geographical. For these apparent factors, the future relationship between India and China can be characterised by the cooperation in those fields whether mutual, regional or international which may be beneficial for the peaceful rise of both these states and confrontation, competition, and even hostility in some other areas where the respective interests of both the giants clash with each other, for example, the border issue, relationship with other countries particularly US and Pakistan, their encirclement policies, competition for energy resources, nuclear arms race...
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...coined by Goldman Sachs, consists of four countries: Brazil, Russia, India and China. These four countries are the fastest-growing markets in the world. The intensification of globalization has allowed these four markets to flourish. Even with the latest economic crisis, the BRICs are predicted to recover faster than the advance economies. By 2050, all the BRICs are forecast to past most advance economies. But, there are implications that hinder the BRICs full potential economic growth. There are distinctive factors for each of the BRICs that have helped gain influential economic power over the decades. The most influential and fastest growing market is China. China has been an isolated country both politically and economically in the world. It was not until the 1970s and 80s when China brought about economic reform. The main focus of these reforms was to change the economy away from the agriculture sector to international trade. These reforms allowed for China’s economy to flourish by opening its economy to the world for the purposes of trade and direct foreign investment. Since the liberalization of the economy, China has become the fourth largest economy with a growth rate of 9.5% over 26 years (Forbes). Its gross domestic product in 2009 was about $4.7 trillion (CIA). The second largest economic emerging country is India. India’s economy is controlled and overseen by the government. India has a diverse economy with many sectors including manufacturing, agriculture...
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