2 Cover Article EVOLUTION OF STOCK

MARKETS IN INDIA
8 News and Events

8 Commerce Quiz

9 Alumni Corner

10 TIT BITS TOP TEN HR
TECHNOLOGY TREND FOR 2014

10 Facts and Figures


Dear Members,

Welcome to the Second Issue of our fortnightly, MACAURO
Newsletter. Main purpose of this newsletter is to create awareness
about current issues and create interest and curiosity in our students by
ensuring their full participation. We hope you will find this a useful
update on our activities and would like to thank everyone who has
supported this edition by providing useful information.

We have included concise information Evolution of Stock market in
India and Top 10 Hr Technology trends for 2014 in TITBITS column,
hoping that this information will help the students to understand
emerging trends in HR

We have included quotes from Subhashitani (ancient quotes for day to
day life).

We have simple questions in the Quiz column for testing students
knowledge on commerce related subjects. Kindly participate in
answering the same and send answers by due date. Lucky students who
give maximum correct answer will win gift vouchers.

Co-ordinators of all the teams have been extremely proactive in bringing
this second newsletter.

We are looking forward to continuing this productive channel of
information interchange throughout the MACAURO community. The
future success of the Newsletter depends on your comments,
contributions and ideas! We do encourage all of you to try your utmost
best to enrich the forthcoming MACAURO Newsletters!.

We hope you enjoy this Second Issue for 2013 of the MACAURO
Newsletter,

Regards,
Smitha.S
(Member of MACAURO community)
Macauro13@gmail.com

September,2013


NEWSLETTER TO EDUCATE AND EMPOWER

MACAURO
15th TO 31
th
March 2014 Volume VI
sometimes people are beautiful not in looks, not they say but just in what they are- Markus
Zusak
VISION
MACAURO would be guiding force for nurturing and
developing tomorrows Management Specialists who in
turn become role models to others by adopting and
exhibiting true knowledge and ethical values.

MISSION
MACAURO will drive the stakeholders through 5 I
Techniques -imbibe, invoke, improve, inculcate and
involve and through need based initiatives to overcome
the challenges and to boost up their morale and
confidence to face the competitive world.
EDITORIAL
CONTENTS
























































Introduction
Indian Stock Market is one of the oldest Stock Market in Asia,
her stock market business being one of the best examples. At the
time, East India Company used to transact Loan Securities by the end
of 18
th
Century. In the 1830s, trading on corporate stocks and shares
in Bank and Cotton presses took place in Bombay. In 1983,the
Calcutta news paper Englishman quoted the share prices of the Bank
of Bengal, The Chartered Mercantile bank and the Commercial Bank.
Similarly stocks like The Chartered Mercantile bank, The Chartered
bank, the Commercial Bank, the Agra Bank and Oriental Bank were
traded in Bombay.
Stock market is a term used to describe the physical location where
the buying and selling of stocks take place as well as the overall
activity of the market within a particular country. The correct term
to be used in pertaining to the physical location for trading stocks is
stock exchange. Every country may have a couple of different
stock exchanges that are usually traded on only one exchange
although a lot of large corporations may be listed in several different
locations.
The ubiquity of stock exchanges makes it possible to buy or sell
stocks throughout the world. The only restriction to stock exchanges
is time. Different exchanges may have differing opening hours based
on their local times.
Role of Stock Exchanges are varied and highly important in the
development of economy of a country. They measure and control the
growth of a country. They have very important role to play in the
economy of the country. Some of them are listed below.
Raising capital for businesses
Exchanges help companies to capitalize by selling shares to
the investing public.
Mobilizing savings for investment
Facilitating company growth
They help companies to expand and grow by acquisition or
fusion.
Profit sharing
They help both casual and professional stock investors, to
get their share in the wealth of profitable businesses.
Corporate governance
Stock exchanges impose stringent rules to get listed in
them. So listed public companies have better management
records than privately held companies.
Creating investment opportunities for small investors
Small investors can also participate in the growth of large
companies, by buying a small number of shares.
Government capital raising for development projects
They help government to rise fund for developmental
activities through the issue of bonds. An investor who buys
them will be lending money to the government, which is
more secure, and sometimes enjoys tax benefits also.

Barometer of the economy
They maintain the stock indexes which are the indicators of
the general trend in the economy. They also regulate the
stock price fluctuations.
The major stock exchanges in the world are
Tokyo Stock Exchange of Japan
Bombay Stock Exchange of India
London Stock Exchange of United Kingdom
Frankfurt Stock Exchange of Germany
SWX Swiss Exchange of Switzerland
Shanghai Stock Exchange of China
New York Stock Exchange
NASDAQ
AMEX of United States.
- 2 -
EVOLUTION OF STOCK MARKET
IN INDIA
By Smt. Savitha S M.Com

COVER ARTICLE
Life is like riding bicycle, to keep your balance you must keep moving-Albert Einstein





To further the advancement and propagation of
education and learning;
To promote investor education, awareness and
research.
In 1989 BSE Training Institute (BTI) inaugurated
has a state-of-the-art training facility in the BSE
building which includes 3 classrooms with various
seating capacities, a Computer Lab, a Certification
Centre, a Conference Hall and a Dining hall
providing the best of the amenities to its participants.

1992 SEBI Act was established to protect, develop
and regulate the securities market.

The Bombay Stock Exchange switched to an
electronic trading system in 14 March 1995. It took
the exchange only fifty days to make this transition.
This automated, screen-based trading platform
called BSE On-line trading (BOLT) had a capacity of 8
million orders per day. The BSE has also introduced
the world's first centralized exchange-based
internet trading system, BSEWEBx.co.in to enable
investors anywhere in the world to trade on the BSE
platform.

In 1996 First major SENSEX revamp
In 1997
o Trade Guarantee Fund (TGF) introduced To
guarantee settlement of bonafide
transactions of BSE Members inter-se
which form part of the Stock Exchange
settlement system, so as to ensure timely
completion of settlements of contracts and
thereby protect the interest of investors and
Members
o Brokers Contingency Fund (BCF)
introduced to ensure that the settlement
cycles at the Exchange are not affected due
to the temporary financial problems faced
by the members.
o BSE On-Line Trading (BOLT) system
expanded nation-wide
In 1999
INDIAS major stock exchanges are:
Bombay Stock Exchange
National Stock Exchange
Establishment of BSE (Bombay Stock Exchange)
The Bombay Stock Exchange is the oldest exchange in India.
It traces its history to 1855, when four Gujarati and one
Parsi stockbroker would gather under banyan trees in front
of Mumbai's Town Hall. The location of these meetings
changed many times, as the number of brokers constantly
increased. The group eventually moved to Dalal Street in
1874
In 1875 became an official organization known as 'The
Native Share & Stock Brokers Association'.
On 31 August 1957, the BSE became the first stock exchange
to be recognized by the Indian Government under the
Securities Contracts Regulation Act.

In 1980 the exchange moved to the Phiroze Jeejeebhoy
Towers at Dalal Street, Fort area.

In 1986 it developed the BSE SENSEX index,( launched
with Base Year: 1978-79 =100)was calculated on a "Market
Capitalization-Weighted" methodology of 30 component
stocks representing large, well-established and financially
sound companies across key sectors. BSE SENSEX today is
widely reported in both domestic and international markets
through print as well as electronic media
In 1987 Investor's Protection Fund (IPF) was introduced in
accordance with the guidelines issued by the Ministry of Finance,
Government of India, on July 10, 1986. IPF is a charitable Trust,
managed by the Trustees appointed by the Bombay Stock Exchange
Ltd. The objects of the IPF are as under
To compensate clients of defaulter trading members;
To aid, assist, subsidise, support, promote and foster
Research activities, preparation and publication of
statistical and other information;

- 3 -
It is better to get hurt by the truth than comforted with a lie-Khalad Hosseini
In 2009
o The SENSEX raised 2110.70 points (17.34%) and
Index-wide upper circuit breaker applied
o BSE - USE Form Alliance to Develop Currency &
Interest Rate
o BSE IPO Index launched
o Bombay Stock Exchange introduces trade details
facility for the Investors
o BSE Introduces New Transaction Fee Structure for
Cash Equity Segment
o BSE launches FASTRADE - a new market access
platform
o BSE Launches BSE StAR MF Mutual Fund trading
platform
o Launch of clearing and settlement of Corporate
Bonds through Indian Clearing Corporation Ltd.
o Marathi website launched
o BSE's new derivatives rates to lower transaction costs
for all
In 2010
o Market time changed to 9.0 a.m. - 3.30 p.m.
o BSE PSU website launched
o New DBM framework @ Rs.10 lakhs - 90%
reduction in Membership Deposit
o Dissemination of Corporate Action information via
SWIFT platform
o Options on BOLT
o First to introduce Mobile-based Trading
o Introduction of Smart Order Routing (SOR)
o EUREX - SENSEX Futures launch
o Launch of Fastrade on Web (FoW) - Exchange
hosted platform
o SENSEX closes above 21,000 for the first time
o Commencement of Volatility Index
o Launch of SLB (Securities' Lending and
Borrowing)
o Launch of SIP (systematic investment plans) to
attract retail investors
o Commencement of Shariah Index
In 2011
o Maharashtra and United Kingdom Environment
Ministers launched Concept Note for BSE Carbon
Index
o BSE picks up a stake in the proxy advisory firm,
Institutional Investor Advisory Services India
Limited (IiAS)
o BSE Training Institute Ltd. with IGNOU launched
India's first 2 year full-time MBA programme
In 1999
o Central Depository Services Limited (CDSL) set up with
other financial institutions to hold the securities either in
certificated or uncertificated (dematerialized) form, to
enable book entry transfer of securities.
o Interest rate swaps (IRS) / Forward Rate Agreements
(FRA) were allowed
In 2000 Equity Derivatives introduced
In 2001 :
o Corporatisation of Exchanges was proposed by the Union
Govt.
o BSE WebEx,Index Option & BSE PSU index were
Launched
o WDM operations commenced
o VaR model was introduced for margin requirement
calculation
o Stock options were launched
o BSE Teck launched, Indias First free float index
o Dollex 30 was launched
o Stock futures were launched
o 100% book building allowed
o All securities clearing move to T+5 (trade date +5 days
In 2002
o Two way fungibility for ADR/GDR
o Negotiated Dealing System (NDS) established
o T+3 settlement Introduced
In 2003
o Indias first ETF on SENSEX - SPICE' introduced
o Retail trading in G Sec
o T+2 settlement Introduced
o Bankex launched
o SENSEX shifted to free-float methodology
o T group launched
2004 ,Second biggest fall of all time, Circuit filters used
twice in a day (the Scheme) announced by SEBI
o SENSEX All-time high 21206.77
o Currency Derivatives Introduced


- 4 -
Things change, friends change, life does not stop for anybody- Stephen Chbhosky

























































o Co-location facility at BSE - tie up with Netmagic.com
o Launch of BSE-GREENEX to promote investments in
Green India
In2012
o Launch of BSE - SME Exchange Platform
o BSE launched trading in BRICSMART indices
derivatives
In 2013
o SENSEX becomes S&P SENSEX as BSE ties up with
Standard and Poor's to use the S&P brand for Sensex and
other indices
Establishment of NSE (National Stock Exchange)
Mr Mehta, nicknamed Big Bull, was a flamboyant stock broker
of Mumbai who rose to instant fame in 1991 due to his
aggressive strategies of stock market. Mehta was born on 29
July 1954,
[5]
at Paneli Moti, Rajkot district, in a Gujarati Jain
family. His early childhood was spent in Kandivali, Mumbai,
where his father was a small-time businessman. Later, the
family moved to Raipur, Chhattisgarh, where Mehta studied in
Kalibadi Higher Secondary School.
By profession Mehta was a Chartered accountant. Over a
period of ten years, beginning 1980, he served in positions of
increasing responsibility at a series of brokerage firms. By 1990,
he had risen to a position of prominence in the Indian securities
industry. He exploited every possible loophole in banking
systems to make quick money illegally. Two such loopholes
were Ready Forward (RF) and Bank Receipts (BR). He made
sure he always had crores of rupees as liquid cash and
aggressively invested them in stock market, creating an artificial
boom and continued making more money. When the scam was
exposed in a newspaper, the banks realized they were taken for
a ride and started demanding the cash immediately. But there
was no money. It was all a fraud. The stock market collapsed.
Millions of innocent stock traders went bankrupt. Bank
Chairmen started quitting their jobs taking responsibility.


Due to the crash of Bombay Stock Exchange by the above
scam Finance Minister Mr. Manmohan Singh urged the need of
other Stock Exchange in competition to BSE. He tapped the
Industrial Development Bank (IDB) to take the lead of the
project of creating competition for BSE. The domestic
investors includes LIC, GIC, State Bank of India and IDFC
Ltd, while the foreign investors include MS Strategic
(Mauritius) Limited, Citigroup Strategic Holdings Mauritius
Limited, Tiger Global Five Holdings and Norwest Venture
Partners X FII-Mauritius. The exchange was incorporated in
1992 as a tax-paying company and was recognized as a stock
exchange in 1993 under the Securities Contracts (Regulation)
Act, 1956, when Mr. P.V. Narasimha Rao was the Prime
Minister of India and Dr. Manmohan Singh was the Finance
Minister.
In November 1992, NSE (National Stock Exchange) was
established as the first electronically traded Stock Exchange in
India. After a few years of operations, the NSE has become the
largest stock exchange in India.
In 1993, NSE is recognized as a stock exchange & Formulation
of business plan
Three segments of the NSE trading platform were established
one after another.
1. The Wholesale Debt Market (WDM) commenced
operations in June 1994 and
2. The Capital Market (CM) segment was opened at the
end of 1994.
3. The Futures and Options segment began operating in
2000. Today the NSE takes the 14th position in the top
40 futures exchanges in the world.
In 1995
o It Established Investor Grievance Cell,
o It established NSCCL the first Clearing Corporation,
o It established Investor Protection Fund ,Introduction of
centralized insurance cover for all trading members
&became largest stock exchange in the country
In 1996, the National Stock Exchange of India launched S&P
CNX Nifty. CNX Nifty (Nifty = National Fifty) is a
diversified index of 50 stocks from 25 different economy
sectors, Commencement of trading/settlement in dematerialized
securities by Setting up of National Securities Depository
Limited, first depository in India, co-promoted by NSE In 1997
& Regional clearing facility goes live
Life is not a problem to be solved but a reality to be experienced

-5-
























































In 1996, the National Stock Exchange of India launched S&P
CNX Nifty. CNX Nifty (Nifty = National Fifty) is a diversified
index of 50 stocks from 25 different economy sectors,
Commencement of trading/settlement in dematerialized securities
by Setting up of National Securities Depository Limited, first
depository in India, co-promoted by NSE In 1997 & Regional
clearing facility goes live
In 1998, the National Stock Exchange of India launched its web-
site and was the first exchange in India that started trading stock
on the Internet in 2000. Today, NSE has roughly 66% of equity
spot turnover and roughly 100% of equity derivatives turnover
and Launch of NSE's Certification Programme in Financial
Market
1999, NSE Launched Automated Lending and Borrowing
Mechanism and Set up NSE.IT
In 2000,
o Launched NSE Research Initiative,
o Commencement of Internet Trading & Derivatives
Trading (Index Futures),
o Launched 'Zero Coupon Yield Curve',
o Launched Broker Plaza by Dotex International, a joint
venture between NSE.IT Ltd. and i-flex Solutions Ltd.,
o Commencement of WAP trading
In 2001,
o Commencement of trading in Index Options,
o Options on Individual Securities,
o Futures on Individual Securities & Launch of VaR for
Government Securities
In 2002, Launch of Exchange Traded Funds (ETFs) & Launch of
NSE Government Securities Index
In 2003, Commencement of trading in Retail Debt Market,
Launch of Interest Rate Futures & Launchof Futures & options in
CNXIT Index
In 2004, Launch of STP Interoperability & Launch of NSE's
electronic interface for listed companies.
In 2005, Launch of Futures & options in BANK Nifty Index
In 2007

o Launch of NSE CNBC TV 18 media centre,
o NSE & CRISIL announced launch of
IndiaBondWatch.com,
o launched derivatives on Nifty Junior & CNX 100
o launched derivatives on Nifty Midcap 50
In 2008
o Introduction of Mini Nifty derivative contracts & long
term option contracts on CNX Nifty Index
o Launch of Securities Lending & Borrowing Scheme
o Currency Derivatives
In 2009
o Launch of Interest Rate Futures & Mutual Fund Service
System
o Commencement of settlement of corporate bonds
In 2010
o Launch of Currency Futures on additional currency
pairs
o NSE- CME Group & NSE - SGX product cross listing
agreement
o Introduction of Call auction in Pre-open session
o Introduction of European Style Stock Options
o Introduction of Currency Options on USD INR
o Launch of mobile trading for all investors
In 2011,
o Commencement of trading in 91 Day GOI Treasury Bill
Futures
o Launch of derivatives on Global Indices
o Launch of derivatives on CNX PSE and CNX
Infrastructure Indices
In 2012, NSE launches EMERGE - SME Platform, NSE and
India Post start Unique Financial Inclusion Initiative "Jagruti",
Futures and Options contracts on FTSE 100
In December 2013, NSE celebrated its 20th anniversary in a
glittering ceremony attended by the Chairman of the market
regulator SEBI Mr. U.K. Sinha, Finance Minister Mr. P.
Chidambaram and a host of dignitaries from other regulatory
organizations, the market and the corporate world. Agreement
on Launch of S&P CNX Nifty Futures in Japan NSE launches
the first dedicated Debt Platform on the Exchange
The greatest glory in living lies not in never failing but raising everytime we fall
-6-
























































Conclusion

Stock Markets are something which you cannot predict what is
going to happen in the market tomorrow without proper analyzes
of market. So, it is always preferable to go for some professional
help if you wish to invest in the Indian stock market. Both BSE
and NSE are working as a 2 major stock exchanges in India.


Nearly 5,163 companies are listed in BSE Top 30 companies form
together the premier index called SENSEX. In SENSEX different
weights are allocated to each company. These companies represent
all the major sectors of Indian economy.

BSE making it world's No. 1 exchange in terms of listed members.
The companies listed on BSE Ltd command a total market
capitalization of USD 1.32 Trillion as of January 2013. It is also
one of the worlds leading exchanges (3rd largest in December
2012) for Index options trading.
BSE On-line Trading (BOLT) facilitates on-line screen based
trading in securities. BOLT is currently operating in 25,000 Trader
Workstations located across over 359 cities in India. It has a
nation-wide reach with presence in more than 359 cities and towns
of India, and has always been at par with international standards.
The systems and processes are designed to safeguard market
integrity and enhance transparency in operations. BOLT is the
trading platform used by all the dealers / terminal operators to
punch the buy/sell orders. The systems are linked by satellite /
broadband communication links to the Computer in BSE. The
orders are updated on this computer and broadcast to all the
terminals instantly. The trades and orders information is updated
continuously.
BSE is the first exchange in India and second in the world to
obtain an ISO 9001:2000 certifications. It is also the first
Exchange in the country and second in the world to receive
Information Security Management System Standard BS 7799-2-
2002 certification for its On-Line trading System (BOLT). It
operates one of the most respected capital market educational
institutes in the country (the BSE Institute Ltd.). BSE also
provides depository services through its Central Depository
Services Ltd. (CDSL) arm.



BSE has won several awards and recognitions that
acknowledge the work done and progress made like The
Golden Peacock Global CSR Award for its initiatives in
Corporate Social Responsibility, NASSCOM - CNBC-TV18s
IT User Awards, 2010 in Financial Services category, Skoch
Virtual Corporation 2010 Award in the BSE StAR MF category
and Responsibility Award (CSR) by the World Council of
Corporate Governance
The NSE has more than 1,635 stocks listed with it. It is fully
automated electronic order processing exchange. Average daily
trading volumes have jumped from Rs. 17 crore in 1994-95
when NSE started its Cash Market segment to Rs.11, 325 crore
in 2008-09. Similarly, market capitalization of listed Indian
firms went up from Rs.363, 350 crore at the end of March 1995
to Rs.2, 896,194 crore at end March 2009.

NSE is the largest stock exchange of the country. It has a
market share of nearly 70% in equity trading and 98% in
futures and options trading in India. Globally, NSE ranks
among the top three stock exchanges in terms of number of
contracts traded in single stock futures, index futures and stock
options.

Another important innovation that has occurred on the NSE is
that they were the first stock exchange in the world to use
satellite communication for trading. This has not only greatly
increased the speed of communication but it also ensures that
everybody is playing on a level field since it takes the same
length of time for communication from anywhere. This used to
be a problem since there were huge differences in how long it
took for communication to go through putting some traders at a
serious disadvantage. Removing this was important for the
development of the market.

NSE has played a catalytic role in reforming the Indian
securities market in terms of microstructure, market practices
and trading volumes. The market today uses state-of-art
information technology to provide an efficient and transparent
trading, clearing and settlement mechanism, and has witnessed
several innovations in products & services viz. demutualisation
of stock exchange governance, screen based trading,
compression of settlement cycles, dematerialization and
electronic transfer of securities, securities lending and
borrowing, professionalization of trading members, fine-tuned
risk management systems, emergence of clearing corporations
to assume counterparty risks, market of debt and derivative
instruments and intensive use of information technology.

Life is a tragedy when seen in close up but comedy in a long shot
-7-
























































- 5 -
NEWS AND EVENTS
Date: 20
th
March 2014 (Thursday)
Event: Seminar by Kum. Harshitha
Organized by: Smt. Namrata, HOD of Commerce &
Management Dept.



Date: 29
th
March 2014( Saturday)

Event: Presentation by Kum. Divya

Organized by: Smt. Namrata, HOD of Commerce &
Management Dept.

COMMERCE QUIZ

1. The progress in increase of fish production was called

a)Yellow revolution c) Brown revolution
b) White revolution d) Blue revolution

2. Which state is the biggest tea producer in the country?
a) Andhra Pradesh c) Assam
b) Sikkim d) West Bengal
3. National Agriculture Insurance Scheme was implemented on
a) Oct. 1997 c) Oct. 1999
b) Oct. 1998 d) Oct. 2000
4. What is NASO ?
a) National Agriculture Science Organization c) National Auto Science Organization
b) National Agriculture Study Organization d) National Sample Survey Organization
5. India holds the third position in production of Sugar cane.

a) True b) False
Kindly, send in your answers by 21
st
April 2014 to Commerce and Management department or sent it via email to
macauro13@gmail.com (Mention your Name, Class and Section)

Life becomes harder when we live for others but also becomes richer and happier
-8-





























































- -

ALUMINI CORNER
Put the Glass down
Professor began his class by holding up a glass with some water in
it. He held it up for all to see & asked the students
"How much do you think this glass weighs?"

'50gms!'..... '100gms!' .....'125gms' ...the students answered.

"I really don't know unless I weigh it," said the professor, "but, my
question is:

What would happen if I held it up like this for a few minutes?"

Nothing.....The students said.

'Ok what would happen if I held it up like this for an hour?' the
professor asked.

'Your arm would begin to ache' said one of the student

"You're right, now what would happen if I held it for a day?"

"Your arm could go numb; you might have severe muscle stress &
paralysis & have to go to hospital for sure!
..... Ventured another student & all the students laughed

"Very good.

But during all this, did the weight of the glass change?" Asked the
professor.

'No'.... Was the answer.

"Then what caused the arm ache & the muscle stress?"

The students were puzzled.

"What should I do now to come out of pain?" asked professor
again.

"Put the glass down!" said one of the students

"Exactly!" said the professor.

Life's problems are something like this.

Hold it for a few minutes in your head & they seem OK.

Think of them for a long time & they begin to ache.
Hold it even longer & they begin to paralyze you. You will not
be able to do anything
It's important to think of the challenges or problems in your life,
But EVEN MORE IMPORTANT is to 'PUT THEM DOWN' at
the end of every day before you go to sleep...

That way, you are not stressed, you wake up every day fresh
&strong & can handle any issue, any challenge that comes your
way!


So, when you leave office /college today, Remember friend to
'PUT THE GLASS DOWN TODAY! '

The good life is one which is inspired by love and guided by knowledge
-9-




FACTS AND FIGURES














During travel (journey), knowledge takes care like mother. Thus knowledge is
considered as a hidden wealth. - Subashita
TIT BITS

TOP TEN HR TECHNOLOGY
TREND FOR 2014


1. HR data is secure in the cloud. When its done right,
cloud is just as secure as onsite on premise software
solutions.

2. Gamification is best way for employees to
communicate, engage, attract and retain the top talent.


3. Integrated social media will result in better
communication and collaboration

4. Virtualization and globalization are transforming the
work place.


5. Cross functional innovation teams will become the norm
to improve creativity, productivity and quality.

6. Cloud and business process outsourcing support
business goals by reducing infrastructure costs while
freeing up HR resources for strategic innovation.


7. Mobile tools become even more prevalent from senior
management through hourly workers

8. HR needs to harness and analyze big data for business
performance results.


FACTS AND FIGURES

42%of the worlds internet users live in Asia

36.2% of the world wide web B2C e-commerce sales
came from Asia in 2014, which is estimated to reach
39.7% by 2016.


Estimated B2C e-commerce sales in India will be
$30.31 by 2016.

62% of te population in India use smart phones for
comparison or to search product reviews.

Newsletter will be uploaded on to the web every
fortnight. We invite readers contribution in the
form of articles or short essay on topics relating to
commerce and management. E-mail the soft copy of
the same to macauro13@gmail.com by 5
th
and 20
th

of every month.

Feel free to give suggestions, opinions and reactions
to any of the article published.

Contact Media Team for any further information.
www.macauro.blogspot.in
www.facebook/macauro.macauro


10. Integration, consolidation and suite solutions will
increase the inter operability of systems, databases
and tools.
11. Global standardized definitions for HR technology,
metrics, data models and systems will emerge as
technology unites HR professionals worldwide.

If you do what you need, youre surviving. If you do what you want, youre
living.
-10-