HR is concerned with the people dimension in an organization, hence the trend in organizations to re-designate Personnel Department into Human Resource Department. The functions undertaken by HRD are to recruit, select, train and develop employees for an organization. Today with companies having a global mix of employees, developing an understanding of the employees is a tough task for the HR Department. Human Resource Management is a process of bringing people and organizations together, so that their respective goals are met.

The uncertainty over the referendum ended with the UK voting on June 23, 2016 to leave the EU. After the referendum, opinion is divided among financial analysts and economists about the long term consequences of the event. Those who campaigned for the exit option believe it will be negative only over the short term. In the long run the outcome will be positive for UK, with savings of GBP 8.50 billion per annum (said to be the country’s net contribution to EU) and freedom to pursue its own trade deals.

The Club was inaugurated on March 8th 2016 by our Hon’ble MD & CEO in the presence of Smt. Subhashini Teacher, Block Panchyath President, and Smt. Sushama Nandakumar, Managing Director of Manappuram Jewellers Ltd. and Patron of the Club.

Non-banking finance companies (NBFCs) form a vital part of the Indian financial system. They play a significant role in nation building and financial inclusion by complementing the role of the banking sector in reaching out and extending credit facilities to the unbanked sections of society. NBFCs have scripted a spectacular success story in the history of the Indian economy. Their contribution to the economy has grown from 8.4% in 2006 to over 14% in March 2015.

Let me begin with a story.

There was once a Monk who had through his Master, learnt everything that could be learned. He memorized all the Scriptures and all the science available in his time. He became proficient in them, he became a great scholar; his fame started spreading all over the country.

What is Fraud?

A. An act which is intentionally misleading the organization and / or performing actions / activities which cause potential damage to the organization.
B. Fraud is any intentional act or omission designed to deceive others, resulting in the victim suffering a loss and/or the perpetrator achieving a gain.

A fraudulent act not only results (potential damage) in financial loss to an organisation but also causes reputation loss, which is more grave in nature.

alapad: A fully e-literate village in Kerala

Post demonetisation, the government launched the Digital India programme and various other policy and implementation measures to make India a less cash dependent country. In tandem with these government initiatives, a variety of private initiative for less-cash transaction facilities were also promoted to ease small ticket daily transactions in cashless ways. One such mode of cashless transaction is the Digital Wallet.

What is Digital Wallet?

Summary:
With investment in the equity markets being the flavour of the month, perhaps this is the right time for a gentle reminder why gold continues to be a relevant investment option and not be relegated to an afterthought.
 
Gold in India

Bitcoin is the new currency and Bitcoin mining and trading is the new passion for speculators. This crypto-currency has seen a large growth in demand in the past few years. Though the RBI has expressed some concern regarding the security of Bitcoin, this currency has generated curiosity resulting in more and more people jumping on to the bandwagon.