Business Entities, Laws, and Regulations Term Paper

Business Entities, Laws, and Regulations - Term Paper Example This paper intends to look at different business scenarios and the regulations required by the government for one to run the business. Restaurant A restaurant is a place where people visit to get refreshment and get some delicious meals. In some restaurants, the proprietors can introduce other entertainment facilities to offer best sites for recreation. Miriam, Jose, and Luo plan to open up a restaurant that will offer recreational activities like watching of a large screen while enjoying. There are different types of partnership that the business entrepreneurs can form and run their businesses as a group. For example, they can form a General partnership or a limited partnership. General partners will work closely together every day and share all the responsibilities of the business. General partnership does not have any liability protection (Hillman, 1997). This means that all members are responsible for any loss that the company may incur (Howard, 2004). On the other hand, limited partnership has some of the members actively participating in the daily running of the business while others remain dormant and deal with duties not related to the business enterprise. These dormant partners may contribute some amount of capital to enable the business run. They then share the profit that the business gets through the agreed procedure. It is very possible for the three to open up their enterprise and run according to their wish. In this context, they will form a general partnership whereby Miriam does not have ample time to stay at the restaurant frequently, investigative partner, while the other two will be the managing partners. Formation of a general partnership for Miriam, Joe, and Luo can be completed through a certain procedure. First, they must be more than one person, they must be business partners, they should be co-owners of the business and the business must be for income generating purpose only (Drinker, 2002). Since Miriam has enough capital and the othe r two can work at the restaurant, it is possible for them to share the returns that arise from their work. Each person reports only the share of the total business profit on his or her returns. This is because partner ships do not have any tax liability. Thus, each individual is required by law to file a report with the government to explain all profits and losses that arise from the partnership. This is to enable the government to trace the partner’s tax on income. In the second scenario, Tara and Akiva want to start a birth centre for the expectant mothers to get services. The two have the obligation to come together and form a general partnership where they will be able to share all the profits and losses together in the course of running the business. It indicates that the business will have unlimited liabilities. Akiva and Tara will have to share responsibilities to enable smooth running of the business. Since this is a general partnership, it is necessary for the two to agree on how to handle issues of the birth centre (Hillman, 1997). Tara can be involved in employment and employee management while Akiva can deal with patients and their issues. The partners expect to take up a large loan to provide the business with the capital required. It law requires that Akiva and Tara should have a document that indicate they are in partnership. They must have minutes of their meeting

The Concept of National Security in Understanding Contemporary Term Paper

The Concept of National Security in Understanding Contemporary Conflicts - Term Paper Example The first step would be to discard the notion related to the nature of the future wars and international conflicts which are in real sense unrealistic. This kind of future has been believed to have gained some significant acceptance in the past. The quick and easy victory of the US Marine over Iraq in the 1990's gulf war, for instance, is seen to have to lead to military affairs revolution as a result of the competitive advantage to the US if these advancements are something to go by. There has been a general belief that there is no likely hood of having a major rival competitor of the United States military warfare in the near future. This has resulted in several other countries having the promise of cheap and fast victory as far as military concepts are concerned. This notion subsequently has led to a reduction of the dependency of the military might that has led further to the transformation of the department of defense. These transformations of the defense department need consideration of the military's experience in past conflicts. In the case of the States, its military experience has been characterized by protracted by the counterinsurgency which is coupled with the countries building. The efforts would call for further reforms in the sector of security of the countries citizens, economic development as well as reconstruction and creation of government capacity building which goes hand in hand with the rule of law creation. Regarding the experiences gained, one needs to have enough experience as well as awareness for the need of abandoning the transformation of the department of defense orthodoxy and subsequently go for the most essential changes which are required in the development and restructuring of the defense to enable sufficient defense for the entire country (McMaster, 2009).     Ã‚   The military's development and advancement would be achieved through the approach employed by the authorities in employing the forces to protect the nation's interests. Prior to any major attack, the defense has been put under much scrutiny regarding their abilities to handle the conflict or the contemporary issue.

Market Mix and Strategy of Mcdonalds India

Market Mix and Strategy of Mcdonalds India McDonalds History: McDonalds was started as a drive-in restaurant by two brothers, Richard and Maurice McDonald in California, US in the year 1937. By mid-1950s, the restaurants revenues had reached $350,000. Ray Kroc, distributor for milkshake machines, expressed interest in the business, and he finalized a deal for franchising with the McDonald brothers in 1954. He established a franchising company, the McDonald System Inc. and appointed franchisees. In 1961, he bought out the McDonald brothers share for $2.7 million and changed the name of the company to McDonalds Corporation. In 1965, McDonalds went public. McDonalds in India: In 1996, first McDonalds restaurant opened on Oct. 13, at Basant Lok, Vasant Vihar, New Delhi. McDonalds India is a 50 50 JV partnership between McDonalds Corporation (U.S.A) and two Indian businessman Amit Jatia (Hardcastle Restaurants Private Limited, Mumbai) and Vikram Bakshi (Connaught Plaza Restaurants Private Limited, Delhi). Approximately 75% of the menu available in McDonalds in India is Indianized and specifically designed to woo Indian customers. The McDonalds philosophy of QSCV is the guiding force behind its service to the customers. MARKETING MIX OF McDonalds: The marketing mix of a company consists of the various elements as follows which form the core of a companys marketing system and hence helps to achieve marketing objectives. McDonalds is a leading international fast food restaurant chain with 30,000 restaurants spread across the globe. In India, it launched its operations in 1996, with two stores. It now has 54 restaurants with a daily inflow of 500,000 customers. It plans to add 15 more outlets by the end of 2004. As per the Informal Eating out (IEO) survey involving the survey of branded food chains in India, conducted by ACNielsen, McDonalds was found to be the leader in fast food chains. Many factors can be attributed to the success of McDonalds Indian operations. A marketing strategy must be created in order to determine the means by which a set of clear objectives may be met. Objectives communicate what marketers want to achieve, guide marketing actions and are used to measure how well a plan is working. They can be related to market share, sales, reaching the target audience and creating awareness in the marketplace. Long-term objectives are broken down into shorter-term measurable targets, which McDonalds uses as milestones along the way. Results can be analyzed regularly to see whether objectives are being met. This type of feedback allows the company to change plans and allows flexibility. Once marketing objectives have been established, the next stage is to define how they will be achieved. The marketing strategy is the statement of how objectives will be delivered. It explains what marketing actions and resources will be used and how they will work together. 4Ps of Marketing Mix: Product: McDonalds places considerable emphasis on developing a menu which customers want. Market research establishes exactly what this is. However, customers requirements change over time. In order to meet these changes, McDonalds has introduced new products and phased out old ones, and will continue to do so. Care is taken not to adversely affect the sales of one choice by introducing a new choice, which will cannibalize sales from the existing one (trade off). McDonalds knows that items on its menu will vary in popularity. Their ability to generate profits will vary at different points in their cycle. In India McDonalds has a diversified product range focusing more on the vegetarian products as most consumers in India are primarily vegetarian. The happy meal for the children is a great seller among others. McDonalds have to be very careful in India while growing their business. In India you go out and you will get a ready to eat snacks and that too in a cheap price. So McDonalds has a direct competition with Indian street fast food which has a many varieties and it is very popular amongst the people. As Fast  food  industry  has been very successful in India, both in financial terms as well as in popularizing its quick service culture among the population. .Indias  fast  food  industry  is growing at 40% per annum and generates over Rs. 4800 cores in sales. The multinational segment of the  industry  generates over Rs. 7000 crores. There are many varieties of fast food in different states of India. The popular fasts of the individual states are as given below. South India: Idlis- Made from Rice Idli, Rava Idli Vadas- Made from Uddina Vada, Rava Vada, Masala Vada, Maddur Vada Dosas- Made from Masala Dosas, Set Dosa, Rava Dosa Upma- Made from Kesaribath Ponagal, etc. West India: Vada Pav-which is also known as an Indian Burger and made up of flour, potatoes, spices . Dahi Vada-Made up of lentils, yogurt Pohe-Made up of flattened rice Locha- Made from grinding of chanadal, masala Sev Kjhamni-Made from chana dal , green chillies, ginger, lemon juice and olive oil East India: Kebabs Pani Puri Aloo Chat Pakoras North India: Chaat: made up of potato, tomato and tangy in a taste Pani Puri: deep fried made up from flour and serve with tangy water Bhel Puri: made up of besan flour and garnishing with tomato, onions and tangy chutney Papadi Chaat- made up of flour, butter, onion, and different Indian spices. McDonalds Menu Options: Comparision between Indian Burger ( Vada Pav ) McDonalds Burger : Price: The customers perception of value is an important determinant of the price charged. Customers draw their own mental picture of what a product is worth. A product is more than a physical item; it also has psychological connotations for the customer. The danger of using low price as a marketing tool is that the customer may feel that quality is being compromised. It is important when deciding on price to be fully aware of the brand and its integrity. In India the most authentic cuisine of India is the Indian street food, which can be bought only for few rupees from the portable stalls found in the Indian cities and town. The street vendors offer hot fresh, lip smacking snacks, which is very feeling. These foods are popular mainly because they are available at half of the price of any restaurant food. Take-out food, junk food, snacks and fast food are available easily and it doesnt take much time to prepare so it is very quick in eating. The Indian Street Food varies from region to region .The typical North Indian street food is Chaat -a generic name for all tangy spicy not very nutritious delicacies. The tangy flavor comes from the use of lemon, pomegranate seeds, black salt, tamarind, and various chutneys. Chaat can be prepared with fruits like guava,banana ,papaya,apple etc.Use of paapri ,which is crisp pancakes made from fried flour with some out of yoghurt ,potatoes sauteed with black cumin powder with some amount of meetha and khatta chutney (sweet and sour pickle) with a dash of coriander becomes the lip smacking Paapri Chaat.The Pani Puri also called golgappa in some places in India is another street delicacy. Pani puris are hollow crisp balls made from dough, and filled as-you-eat with a spicy concoction of water and potatoes, topped by a choice of sweet or spicy chutney and so on. In India in different region has their own different specialties and which are easy to get it and cheap in price. So in India to compete with the Indian local street fast food, McDonalds has to work hard to build its position and keep on competing and growing each day. In India McDonalds classifies its products into 2 categories namely the branded affordability (BA) and branded core value products (BCV). The BCV products mainly include the McVeggie and McChicken burgers that cost Rs 50-60   and the BA products include McAloo tikki and Chicken McGrill burgers which cost Rs 20-3 This has been done to satisfy consumers which different price perceptions. Value Ladder strategy:- a) Started offering value meals in a range of prices. b) Ensure affordability and attract widest section of customers. c) Brought the customer and provided a range of entry level products. d) Try those new items and graduate to higher-rungs. e) E.g- if a customer starts with McAloo Tikki, he will finally graduate to McVeggie and so in Non veg. f) Helped its Volume business. Aap ke zamane mein, baap ke zamane ka daamà ¢Ã¢â€š ¬Ã‚ ¦ (In English that means in your Value Pricing: (Price in INR) Promotion: The promotions aspect of the marketing mix covers all types of marketing communications One of the methods employed is advertising, Advertising is conducted on TV, radio, in cinema, online, using poster sites and in the press for example in newspapers and magazines. Other promotional methods include sales promotions, point of sale display, merchandising, direct mail, loyalty schemes, door drops, etc. The skill in marketing communications is to develop a campaign which uses several of these methods in a way that provides the most effective results. For example, TV advertising makes people aware of a food item and press advertising provides more detail. This may be supported by in-store promotions to get people to try the product and a collectable promotional device to encourage them to keep on buying the item. At McDonalds the prime focus is on targeting children. In happy meals too which are targeted at children small toys are given along with the meal. Apart from this, various schemes for winning prices by way of lucky draws and also scratch cards are given when an order is placed on the various mean combos. An activity, such as a sale or advertising campaign, designed to increase visibility or sales of a product. McDonalds, for years has maintained an extensive promotion strategy with highest spending on marketing amongst all its competitors. While advertising; focus on overall experience. à ¢Ã¢â€š ¬Ã‚ ¢ Brand globally and act locally. à ¢Ã¢â€š ¬Ã‚ ¢ Overall it is doing what it does the best marketing. à ¢Ã¢â€š ¬Ã‚ ¢ Intensive advertising aimed at children. à ¢Ã¢â€š ¬Ã‚ ¢ Paper mats on trays ensure that no new scheme goes unnoticed. Im loving it is an international branding campaign which was launched in 2003 and has proved to be its biggest success. aap ke zamaane mein baap ke zamaane ke daam is a highly localized campaign which aimed at attracting the masses through its happy price menu. Place: Place, as an element of the marketing mix, is not just about the physical location or distribution points for products. It encompasses the management of a range of processes involved in bringing products to the end consumer. McDonalds outlets are very evenly spread throughout the cities making them very accessible. Drive in and drive through options make McDonalds products further convenient to the consumers. Conclusion Once the marketing strategy is in place, various responsibilities are given to different individuals so that the plan can be implemented. Systems are put in place to obtain market feedback which measure success against short-term targets. McDonalds has to ensure that this is done within the confines of a tightly controlled, finite marketing budget. The  fast food  industry in  India  has evolved with the changing lifestyles of the young Indian population. The sheer variety of gastronomic preferences across the regions, hereditary or acquired, has brought about different modules across the country. It may take some time for the local enterprise to mature to the level of international players in the field. McDonald is the worlds leading food service retailer with more than 30,000 restaurants in 119 countries serving 46 million customers each day. Approximately 85 percent of McDonalds restaurants worldwide are owned and operated by independent, local businessmen and women.

Basketballs Greatest Players :: essays research papers

Basketball's Greatest Players   Ã‚  Ã‚  Ã‚  Ã‚  There are many great players who had the talent to be all pro and lost it in the streets. Probaly the two most famous to fail are Lloyd Daniels and Earl Manigult. Both could of been all-stars but let the drugs and inner city life destroy there chances. It's been said that Earl Manigult's best feat was being able to jump up to the top of the backboard and take a dollar bill and replace it with four quarters. One other rumor was he once dunked a basketball backwards thirty-six times in a row to win a sixty dollar bet. Now to Lloyd Daniels, said to be the best basketball player ever to play in New York he was heavely recruited and signed with UNLV despite never graduating H.S. His biggest downfall was his addiction to drugs since he was twelve years old. Despite having anything he wanted and UNLV he was caught buying drugs and kicked off the basketball team and out of school.   Ã‚  Ã‚  Ã‚  Ã‚  Next, the player who did make and continues to rock the up and rising basketball world. The most famous and most known of the basketball players is Michael Jordan. He has won four NBA titles and is the most recognized player ever. Despite his pro career he was once cut from his H.S. team. Then two years later he was a H.S. all-american. Two years later at the University Of North Carolina Michael as a freshman hit the game winning shot to secure the legendary coach Dean Smith his first ever collegiate championship. As a pro playing for the four time defending champions he has averaged 32.2 points per game, 5.9 assists per game, 6.4 rebounds , 2.7 steals, and 1 block. Michael Jordan is the best role model for America's youth since Dr.

Market Efficiency

EMH or Efficient Market Hypothesis has been accepted as one of the foundations of financial economics, in fact, Fama first marked out the concept â€Å"efficient market† in financial literature in 1965. Fama stated it as one which safety values completely expose all accessible information. The market could be considered as efficient if the results of market values to new information are instant and impartial. EMH is the notion that information is rapidly and proficiently integrated into asset prices at any instance, in order to guarantee that old information could not be serve as an instrument which could predict price progresses. As a result, three types of Efficient Market Hypothesis are being classified depending on the degree of available information (Fama, 1998). The weak form Efficient Market Hypothesis specifies that existing asset prices already reveals past price and volume information, the information restrained in the previous succession of prices of a security is completely exposed in the present market price of the said security. Its name â€Å"weak form EMH† was derived from the fact that security prices are the most overtly and easily obtainable information. It entails that nobody would be able to outdistance the market by making use of something that everyone else’s know. However, there are still quantities of financial examiners who are examining the past stock price sequence and trading volume information in an effort to spawn revenues. This method is labeled as technical analysis that is declared by the EMH as ineffective in foretelling prospect price variations (Sewell 2007). The semi strong form Efficient Market Hypothesis on the other hand asserts that each and every openly accessible information are equally already integrated into asset prices, meaning to say, every openly accessible information is completely mirrored in a security’s existing market prices. The public data confirmed not only past prices. Rather they also show information conveyed in a company’s financial reports, company’s proclamations, and the like. In a way, this also entails that nobody would be able to outdistance the market by making use of something which everyone else knows, this also signifies that a company’s financial reports could not be used in foretelling future price progress and safeguarding high venture returns (Sewell 2007). The strong form Efficient Market Hypothesis specifies that private as well as insider data is immediately included by market prices and hence could not be utilized to gather irregular trading incomes. Therefore, all data or information is completely mirrored in a security’s existing market price which in turn entails that even the company’s administration would not be able to generate profits even by using the insider data they have. The justification for this is that the market expects in an impartial way, future advancement and thus, data has been integrated and appraised into market price in a more impartial and enlightening manner than insiders. The arbitrary walk style of asset prices is an enlargement of the Efficient Market Hypothesis, as well as the beliefs that the market could not be constantly beaten, arbitrage is not possible, and â€Å"free lunches† are in general, not available (Clarke et al. 2007). The EMH has entailed that nobody could surpass the market either with security selection or with market timing, therefore, it holds enormous negative consequences for several investment approaches. In general, the force of EMH could be scrutinized from two dissimilar angles. The first one would be from the investor’s perspective. Technical analysis makes use of price as well as the volume as the center point for foretelling future prices, the arbitrary-walk data implies that prices of securities are influenced by news; Positive news would help increase the price while negative news would be the cause of price deflation. Thus, it is only fitting to ask the value of technical analysis as a way of deciding security investments (Clarke et al. 2007). Fundamental analysis includes the use of market information in establishing the inherent value of securities in so as to classify those securities which are underrated. In spite of this, semi strong EMH implies that essential examination could not be utilized to surpass the market. In a proficient market, fairness research and assessment would be an expensive undertaking that offers no advantages. The likelihood of discovering an underrated supply should be arbitrary. Oftentimes, the advantages from data compilation and fairness studies would not include the expenses of doing the study (Jones 2002). For best investment approaches, investors are recommended to pursue an inert investment tactic, which does not make any endeavor to surpass the market. Investors ought not to choose securities arbitrarily based on their peril loathing or the tax arrangements. This, however, does not imply that there would be no assortment of management. In an efficient market, it is an excellent tactic to have a arbitrarily expanding across securities, which holds little or no records charge and minimum implementation expenses in so as to optimize the proceeds. An unyielding buy-and-hold procedure is not most advantageous for corresponding to the investor’s requested level of threat. Also, the portfolio manager ought to select a portfolio that is equipped in the direction of the time sphere and threats report of the investors (Jones 2002). Second is the financial managers’ perspective wherein managers ought to bear in mind that markets would either under or over react to information, the company’s share price would mirror the information regarding their declarations and the historical share price account could be employed as a determinant of company accomplishment and management would hold be hold accountable for it. When shares are under priced, managers should avert from handing out new shares since this would only aggravate the condition. In usual situations, market efficiency theory offers informative predictions into price performances. In general, one can conclude that investors should only anticipate a typical rate of proceeds while the company should be prepared to obtain the adequate value for the securities they handed out (Jones 2002). However, the idea that markets act constantly with the efficient market hypothesis is debatable, particularly in its stronger forms. For one, it is doubtful that man-made markets are strong-form efficient. Especially, when there are prima facie basis for ineptitude as well as the unhurried dissemination of information, the comparatively immense power of several market partakers, and the existence of seemingly advanced professional investors. I believe that one of the major defects EMH is the way markets respond to unexpected news. For an instance, news upshots like interest rate changes from ventral banks are not immediately taken credit of in stock prices. Instead root continued progress of prices over a certain period of time, say from a few hours to months and the like, one should also take into consideration that only a limited number of people have prior familiarity or awareness regarding laws about to be passed, new pricing controls fixed by certain organizations like Federal Reserve banks as well as legal verdicts that causes a broad array of economic parties. The public should consider these things as random variables; however, players within those inside information could rectify the market, but commonly in an inconspicuous way in order to escape exposure (Clarke et al. 2007). There is also another inconsistency which has been detected between the EMH theory and real markets. The said inconsistency is that at market extremes, what fundamentalists may regard as ridiculous behavior is in fact the standard behavior; in the latter parts of a bull market, the market is motivated by consumers who don not take much into account the core value. By the end of a crash, markets go into freefall while partakers disentangle themselves from the location in spite of the scarcely good value that their earlier positions symbolizes, this is denoted by the huge variations in the assessment of stocks in comparison to basics in bull markets in comparison to bear markets. A theorist may claim that reasonable partakers should always instantaneously take lead in the unnaturally low prices which resulted from the illogical partakers by acquiring contrasting places. However, this is noticeably not generally adequate to avoid bubbles and crashes from increasing. It might be supposed that countless sensible partakers are conscious of the illogicality of the market at extremes and are eager to permit illogical partakers to force the market as they like, and only benefit themselves with the prices when they have got more than just basic motives that the market would revert back near its earlier fair value (Sewell 2007). Behavioral finance stated that upon entering positions, market partakers are not mainly motivated by the price status; rather, they are mainly motivated by anticipating the rise or fall of the prices. To pay no heed of this could be perilous. Allan Greenspan cautioned participants of irrational exuberance in the market during the year of 1996. However, some merchants who sold short new economy stocks that appeared significantly overcharged during those times had to acknowledge grave losses when prices arrived at much more astonishing heights (Jones 2002). EMH was first presented in 1960. Before that, the existing belief regarding market is its exact opposite – markets are inefficient. Inadequacy was generally believed to exist. A good example of this was in US and UK’s stock markets. On the other hand, previous work of Kendall implies that the changes in United Kingdom’s stock market prices are arbitrary. Researches conducted by Brealey, Dryden and Cunningham showed that there are no considerable reliances in price changes which implies that United Kingdom’s stock market is a weak-form efficient, in addition to this proof, are other researches of capital market which suggested that they are semi strong-form efficient(Jones 2002). Examinations conducted by Firth in UK have contrasted the share prices presented after an invasion declaration with the bid offer, this showed that the share prices were completely and immediately modified to their exact levels; therefore the United Kingdom’s stock market was indeed semi strong-form efficient. Yet, the market’s capability to effectively react to a short term and broadly advertized event (i.e takeover proclamation) could not automatically be viewed as analytic of a market efficient at pricing concerning more long term and vague aspects (Clarke et al. 2007). Other pragmatic proof which defends Efficient Market Hypothesis came from researches which show that the revenue of market averages go beyond the revenue of vigorously ran mutual funds. Therefore, to the degree that markets are inefficient, the advantages achieved by capturing the ineptitudes are override by the inside fund costs occupied in locating them, promoting, and the like (Sewell 2007). It could be that proficient as well as other market partakers who have find out dependable trading regulations or devices could find no basis to disclose them to academic researchers or it could be that there are no information breach among the intellectuals who examine the markets and the professionals who works in the market. There are bystanders who identify apparently ineffective facets of the markets that could be take advantage of. Example of this is seasonal tendencies and deviating twists to assets with different traits. Efficient Market Hypothesis cynic’s maintains that there are investors who have outdistanced the market. Among them is Peter Lynch, Bill Miller, and so on. These investors’ tactics are to a high level founded on recognizing markets where prices do not precisely mirror the accessible information, in straight negation to the EMH which clearly entails that â€Å"no† such opportunity could ever exist (Clarke et al. 2007). It is imperative to take notice of the fact that the EMH does not account for the observed fact that the most profitable stock market partakers have equal share of stock picking guidelines, which would, in turn, denote an extensive conclusive correspondence among stock picking policy as well as investment accomplishments. The EMH also seems to be lacking in consistency with several occasions in stock market history. For an instance, the stock market crash which occurred in 1987 saw the S&P 500 drop more than 20% in October in spite of the fact that there is no major news or events that took place before Monday of the crash, the fall apparently came from nowhere, this would likely imply that relatively irrational behavior could seize stock markets arbitrarily. Furthermore, Bruton Malkiel, a renowned advocate of the universal legitimacy of Efficient Market Hypothesis has counseled that particular budding markets such as China are not empirically efficient, he further stated that the Shanghai as well as the Shenzhen markets, in contrast to the markets in US, show signs of substantial sequential relationship, non-random walk, as well as proof of exploitation (Clarke et al. 2007). Thus, in contrast to what Efficient Market Hypothesis implies, there are certain instances which go contrary to its claim. It is unlikely for market to be consistently efficient as was shown in this paper. Provided that the theory of EMH is true at some point in time, one could not just conclude that it would be true for all instances and for all period of times. Works Cited Clarke, Jonathan, Thomas Jandik, and Gershon Mandelker. â€Å"The Efficient Market Hypothesis.† (2007). Fama, Eugene. â€Å"Market Efficiency, Long-Term Returns, and Behavioral Finance.† Journal of FinancialEconomics. (1998). Jones, Steven L., and Jeffry M. Netter. â€Å"Efficient Capital Markets.† (2002). Sewell, Martin. â€Å"Efficient Market Hypothesis.† (2007).            

Sanjivani Medical Times

RNI NO. :DBLBIL/2001/4088 VOL 8, ISSUE 5, APRIL 2011 A Star Media Group Publication INDIA’S AYUSH AND HEALTH TOURISM JOURNAL SKIN LASERS Central Council for Research in Yoga & Naturopathy (CCRYN) (Deptt. Of AYUSH, Min. of Health & F. W. , Govt. of India) 61-65, Institutional Area, , Janakpuri, NEW DELHI – 110 058 Tel: 011-28520430, 31, 32; Fax: 28520435 E-mail: ccryn. [email  protected] com Website: www. ccryn. org CCRYN is actively engaged in Research, Development, Promotion, Propagation, Education, Training, Publication etc. Grant-in-aid for Clinical and Literary Research 1 100% Grant-in-aid is given to Yoga & Naturopathy Institutes for conducting research. 2 Grant is provided for translation, publication of ancient Yoga texts and other standard literature based on modern scientific research. Grant-in-aid for TCPC and PCC 3 More than 140 Yoga & Naturopathy Hospitals all over India including remote areas and North Eastern Region are given grant under Treatment-cum-Propagation Centre (30 Bed Hospital – Rs. 9. 00 lakh P. A. ) and Patient Care Centre (20 & 10 Bed Hospitals – Rs. . 00 lakh & Rs. 3. 00 lakh P. A. ) Central Research Institute (CRI) 4 Free land has been taken over from the Government of Karnataka and Haryana for 100 Beds Research Hospital and construction is under progress. Free land of 10 to 20 Acres is being allotted by Govt. of Manipur, Orissa, Assam, Tamil Nadu, and Jharkhand. National Campaign on Yoga & Naturopathy for Holistic Health being conducted all over India. Publicatio ns 1 2 3 4 5 12 Research Monographs since 2005. CDs on Naturopathy & Yoga Therapy in Hindi, English and Tamil. 8 books in Hindi & English. More than 30 brochures, leaflets and booklets in Hindi and English for free distribution. Yogic Prakritik Jeevan, quarterly magazine, in English and Hindi. Yoga & Naturopathy OPDs since 2005 1. 2. 3. 4. Safdarjung Hospital, New Delhi RML Hospital, New Delhi Lady Hardinge Medical College, New Delhi University College of Medical Sciences, New Delhi Fellowship for Ph. D. Scholars since 2006 at Rs. 6,000/- P. M. for 3 years. Yoga Fitness Classes at Delhi-12: 1 Headquarters – 6, Udyog Bhawan – 2, AIIMS – 4 Paramedical Diploma in Naturopathy & Yoga Therapy (DNYT)–2 years from 2011 The yearly financial assistance for the course is Rs. 5. 00 Lakh. Scholarship to the BNYS (Bachelor of Naturopathy and Yogis Sciences) students from 2011: 1 Rs. 5000/- will be given to 110 students from the first year for pursuing the Course outside their State. Other Achievements: 1 The Council has organized several All India level Seminars/Workshops on Yoga & Naturopathy. 2 It is actively participating in various Arogyas and Health Melas. (Prof. Dr. B. T. Chidananda Murthy) Director NEWS ISSUES NEWS MEDICAL RESEARCH Ghulam Nabi Azad noted that the AYUSH systems of medicine are of great antiquity he Union Minister for Health and Family Welfare Shri Ghulam Nabi Azad chaired the meeting of Consultative Committee of Parliament attached to the Ministry of Health and Family Welfare in New Delhi to specifically discuss the activities of Department of AYUSH. Cutting across party lines the Consultative Committee members lauded the progress made by the Department of AYUSH in the short span of sixteen years since the inception of separate Department for Indian Systems of Medicines and Homeopathy in 1995. Sh Ghulam Nabi Azad noted that the AYUSH systems of medicine are of great antiquity and the Department has been making significant strides in providing an enabling environment to develop these systems with its infrastructure of National Institutes, Research Councils, Pharmacopoeial Laboratories, the Public Sector Undertaking of Indian Medicines Pharmaceutical T Secretary, Department of AYUSH Anil Kumar drew the attention of the members to the new initiatives taken by the Department in the XIth Plan Union Minister for Health and Family Welfare Shri Ghulam Nabi Azad Mauritius Patient at Eye – Q for Lasik Eye Surgery Dr. Vibhuti Sharan MBBS, MS (Ophthalmology) Corporation Limited as also the National Medicinal Plants Board. The Minister highlighted that mainstreaming of AYUSH systems has become a successful strategy in the National Rural Health Mission. He also elaborated on the efforts made by the Department towards ensuring quality control of drugs. The Minister however pointed out the acute shortage of doctors in rural areas and elicited views of the Members in itigating the situation by utilizing the AYUSH doctors to fill the felt need at grass root levels. The Consultative Committee members shared the concern of the Department over some key issues like low capacity reflected in vacancies; pending Utilisation Certificates from States; weak drug enforcement machinery; collaborative research and building quality – drugs, therapies, hospitals, laboratories, teaching colleges. The Members requested the Health Minister to ensure empl oyment and utilization of trained manpower of AYUSH. e-Q, symbol of excellence in eye care and largest chain of super specialty eye clinics across Northern India today executed a special Lasik eye surgery for three patients of the same family who had specially flown down from Mauritius to receive the treatment. Speaking about his Lasik surgery at Eye-Q, Mr. Patoo Jor Roshan said â€Å"I have particularly travelled to India to get my Lasik eye surgery done. I was referred to Eye-Q by a friend who underwent Lasik eye treatment to correct poor eyesight at Eye-Q and has experienced remarkable difference. † E Devi Shetty Targets Medical Tourism In Cayman Isles FIRST TIME IN THE WORLD Without operation Cure Cataract, Glaucoma, Myopia, Hypermetropia & incurable eye diseases of Retina (Diabetic Retinopathy, Macular Degeneration, Retinitis Pigmentosa, Colour blindness) & different types of eye cancer. Inventor : Em. Prof. Dr. M. S. Basu Senior Ayurvedic Eye Specialist International & National Awardee Dr. Basu with H. E. President, Ex-vice President, Home Minister of State, GOI, Ex-Health Minister, GOI, Ex-Chief Minster, U. P. , Ex-Petrolem Minster, GOI. ‘Minimal Invasive RoboticHeart Surgery NOW ! FIRST TIME IN THE WORLD†¦ Emeritus Prof. Dr. M. S. Basu adds a new chapter in Medical Science by curing Retinoblastoma patient successfully Patients of poor vision, referred by AIIMS-Delhi, Shankaralaya Netralaya-Chennai, Gandhi Eye Hosp. , Aligarh etc. have been cured successfully. Spectacles get removed up to +8. 50 No side effects Recovery of vision within 5 minutes EXPORT COUNCIL PATENTED BY PATENTED BY GOVT. OF INDIA W. T. O. EXPORT LIC. OF GOVT. OF INDIA TM REGN. FROM GOVT. OF INDIA S. S. I. REGD. GOVT. OF U. P. G. M. P. CERTIFIED ISO 9001:2000 For Franchises, only BAMS, BUMS, DHMS,MBBS, & Qualified Optician may be contact Dr. Basu Eye Hospital & Centre to Cure Without Operation 23-B, Ekta Nagar, Bareilly (U. P. ) India. Ph. +91 9997722223, +91 98370 06102, +91 93196 23728 EW DELHI: Safemedtrip has unveiled latest and state of the art ‘Minimal Invasive Robotic Heart Surgery Programme' in the country. This programme will be helpful to the patients, who are suffering from Heart Disease as they will be benefiting from its ‘Minimally Invasive Robotic Heart Surgery Programme' with its latest advances in heart surgery techniques. Robotic Heart Surgery programme is quite affordable at Safemedtrip affiliated hospitals. N NEWS ISSUES Pregnant lady doctors forced to work at AIIMS NEWS PRODUCT LAUNCH country's biggest medical institute, and fighting for our basic rights,† said a senior resident from the Neurosurgery Department on the condition of anonymity. â€Å"We have been using our other unpaid leaves as we are not getting the maternity leaves which are paid leaves. I reach office at 8 in the morning and work till 6 in the evening, and sometimes we have night duty too. This behaviour is completely inhuman,† said another lady doctor from Gynaecology Department on the condition of anonymity. Due to the confounding behaviour of the administration, few of the residents have already left the institute and their job with it, as it was getting impossible for them to work at this stage of pregnancy. â€Å"Two ladies joined last month on a regular basis and wanted maternity leave and the institute is creating hassles. Despite the DGHS order we could get 2+2 (or 3+1) months (unpaid and paid) maternity leave till January this year for most residents. The problem has assumed serious proportions now with recent hassles by AIIMS administration,† said Dr Debjyoti Karmakar, President, Residents Doctor Association (RDA) Sonakshi Sinha New brand ambassador for Fem bout 40 senior resident doctors, who are pregnant, forced to continue with their duties as the administration allegedly isn't allowing them any time off Among other things, AIIMS is also renowned for its pregnancy care. But that only benefits the patients. It appears that the institute is rather callous when dealing with maternity issues of its own employees. At least 42 senior resident doctors who are pregnant are currently working in various departments of the institute. â€Å"I am coming to the hospital even in the 37th week of my pregnancy. We had applied for leave months ago, but the administration is not responding. At this point of pregnancy, all women are asked to take complete bed rest. But here, we are working in the A n the occasion of 100th International Women's Day, Fem, the leading & most trusted beauty brand from the House of Dabur, announced the signing of Bollywood heartthrob Sonakshi Sinha as the new brand ambassador for the brand FEM. The agreement was signed on Tuesday by Ms Sonakshi Sinha and Dabur India Ltd Chief Executive Officer Mr. Sunil Duggal. The first campaign for Fem bleaches featuring Ms Sinha will be launched shortly. O