Informatics Publishing Limited

Abstract

Since the beginning of globalization of business and services, human elements are becoming more important input for the success of any corporate enterprise. It helps the management to frame the effective policies of human resources. HRA provides quantitative information about the value of human asset, which will help them to channelize the available skills, talents, knowledge and experience of their employees more efficiently. Therefore, HRA has very high significance not only for the management, but also for analyst. It is now followed by most of the medium and large scale companies in India as there is awareness of the benefits in terms of revenue, productivity, flexibility in skill development.

When the human resources were quantified, it gave the investors and other client’s true insights into the organization and its future potential. Proper valuation of human resources helps organizations to eliminate the negative effects of redundant labor. An attempt has been made in this paper to evaluate the HRA practices of Infosys Technologies Limited (ITL) and BHEL along with its usefulness in HR decisions. Some suggestions have also been provided to improve the HRA practices, which will ultimately contribute to ensure the bright future of HRA in India.

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Mergers and Acquisitions in Global Scenario is the way for the companies to undergo the process of amalgamation, takeover, reconstruction and re­organization. Mergers and Acquisitions are the leading corporate strategies followed by organizations looking for improved value creation post­ liberalization era, the demand for intense growth and development in business has paved and profitability. Merger is defined as a combination of two companies in to a single company where one survives and the other loses their corporate existence. The survivor acquires all the assets and liabilities of the merged companies. Acquisition is the process of acquiring a company to build on strengths or weaknesses of the acquiring company. A merger is similar to an acquisition but refers more strictly to combining all of the interests of both companies into a stronger single company. The research paper makes an attempt to examine the opportunities of Vodafone mobile industry, and also emphasizes on comparative study of financial performance pre and post merger. In achieving these objectives the research information is extracted through literature review.

The acquisition of Hutchison Essar of India by UK based Vodafone was carried out which has marked the penetration of Vodafone into the Indian telecom market and provided the opportunity to Vodafone to tap the huge potential of expansion in India. The simplicity and comprehensive nature of the Hutch to Vodafone transition campaign was a perfect example of the successful entry of a new brand into a market.

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Forensic accounting in India has come to limelight only recently due to rapid increase in white collar crimes. It helps companies in accomplishing their organization’s objectives, with a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. It is the contribution of accounting, auditing and investigative skills. A large global accounting firm believes the market is sufficiently large to support an independent unit devoted to ‘Forensic Accounting’. The objective of the paper is to study: the role of forensic accounting in fraud examination in India and to understand the various applications of forensic accounting in Indian firms. In India unfortunately it is being used as an investigative tool, rather than a preventive tool. If forensic auditing is made mandatory in various sectors, many of the scams can be restricted. It has been suggested that appointment of forensic accountants should be made mandatory in public sectors and large scale companies for the sustainable development of the economy.

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