AVS College of Arts & Science

PG & Research

Department of

Commerce

A bout our College

Newsletter Date

Volume 1, Issue 1

Faculty Members Mr. K. SUNDARARAJAN

Mrs. J. PRIYADHARSHINI

Mr. S. GOVINDASAMY

Mr. K. BALAJI

Dr. P. ASHOK KUMAR

Mr. G. KANNAN

Mrs. V. PADMA PRIYA

Mr. M. SELLADURAI

Ms. S. NEELAMBAL

A bout our Department

HIGHLIGHTS

Conventional Lecture Method

Seminar

Group Discussion

Mini Project

Guest Lecture

Power Point Presentation

Industrial Visit

Exhibition

Concept a day

Take away points

Farewell Day

Achiever’s Day

Placement Day

Department Day

Commerce Week

HOBNOB

Teacher’s Day

Republic Day

ALBATROSS

Fresher’s Day

Friendship Day

Independence Day

Diwali Celebration

Pongal Celebration

New Year Celebration

Futtakka

Youth Day

Achiever’s Day

Vinayagar Chathurthi

Tree Plantation

Inter College Meet

Celebr ations

Highlights of the Union Budget 2014 -15

be launched

* FDI limit to be hiked at 49 pc in defence,

insurance

* Disinvestment target fixed at Rs 58,425

crore

* Gross borrowings pegged at Rs 6 lakh crore

* Contours of GST to be finalised this fiscal;

Govt to look into DTC proposal.

* 'PanditMadan Mohan Malviya New Teach-

ers Training Programme' launched with initial

sum of Rs 500 crore

* Govt provides Rs 500 crore for rehabilitation

of displaced Kashmiri migrants

* Set aside Rs 11,200 crore for PSU banks

capitalization

* Govt in favour of consolidation of PSU

banks

* Govt considering giving greater autonomy to

PSU banks while making them accountable

* Rs 7,060 crore for setting up 100 Smart

Cities

N.Sasikumar & M.Mounika

III B.Com A

* Income tax exemption limit raised by Rs

50,000 to Rs 2.5 lakh and for senior citizens to

Rs 3 lakh

* Exemption limit for investment in financial

instruments under 80C raised to Rs 1.5 lakh

from Rs 1 lakh.

* Investment limit in PPF raised to Rs 1.5 lakh

from Rs 1 lakh

* Deduction limit on interest on loan for self-

occupied house raised to Rs 2 lakh from Rs

1.5 lakh.

* Committee to look into all fresh tax de-

mands for indirect transfer of assets in wake of

retrospective tax amendments of 2012

* Fiscal deficit target retained at 4.1 pc of

GDP for current fiscal and 3.6 pc in FY 16

* Rs 150 crore allocated for increasing safety

of women in large cities

* LCD, LED TV become cheaper

* Cigarettes, pan masala, tobacco, aerated

drinks become costlier

* 5 IIMs to be opened in HP, Punjab, Bihar,

Odisha and Rajasthan

* 5 more IITs in Jammu, Chattisgarh, Goa,

Andhra Pradesh and Kerala.

* 4 more AIIMS like institutions to come up in

AP, West Bengal, Vidarbha in Maharashtra

and Poorvanchal in UP

* Govt proposes to launch Digital India' pro-

gramme to ensure broad band connectivity at

village level

* National Rural Internet and Technology

Mission for services in villages and schools,

training in IT skills proposed

* Rs 100 cr scheme to support about 600 new

and existing Community Radio Stations

* Rs 100 cr for metro projects in Lucknow and

Ahmedabad

* Govt expects Rs 9.77 lakh crore revenue

crore from taxes

* Govt's plan expenditure pegged at Rs 5.75

lakh crore and non-plan at Rs 12.19 lakh

crore.

* Rs 2,037 crore set aside for Integrated Gan-

ga Conservation Mission called

'NamamiGange'.

* KisanVikasPatra to be reintroduced, Nation-

al Savings Certificate with insurance cover to

Page 3 COM 2day PG & Research Department of Commerce

markets, industries and consulting. A job seeker can

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priate choice of job. Just you need to upload your resume and start getting job information on your

email and mobile.

(5) Shine (www.shine.com) Shine is also one of the most Innovative and fastest growing recruitment portal with “Brightest chances

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candidates to tShine.com for Rightest Jobshe re-

cruiters, which help candidates get jobs in their

favorite department as well as helps recruiters hire faster.

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site, which helps passive & active job seekers for

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onTimesJobs Job Websiteline recruitment portal in India, which was founded in January 2004. The

main aim of this leading job portal is to reach out to

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TOP 5 JOB SITES IN INDIA

TMX group of Canada. It is located at Toronto,

Canada. This is one of the largest stock ex-

changes in the world. This is the third largest

stock exchange in North America. Various

companies in Europe, Canada and United

States are listed in this stock exchange. They

are the leader in the mining and oil sector. The

first stock exchange of Canada was formed in

the year of 1852 by the Association of the

Brokers of that country and later on they grew

into the seventh largest stock exchange in the

world. Presently 2,058 Billion dollars serves as

the market capitalization of this stock ex-

change and the operational timings are be-

tween 9.30 am and 4.00 pm.

6. Shanghai Stock Exchange:

This is the third largest stock exchange in the

Asian continent and second largest in the Peo-

ple Republic of China. Formed in the year of

1990 and these organizations are not entirely

open to the foreign investors and there are

strict regulations issued by China Securities

Regulatory Commission. The index of Shang-

hai Stock Exchange has reached a maximum of

10. Bombay Stock Exchange:

This is one of the oldest stock exchanges in the

world. It was formed in the year of 1850. Till

1874, the trading took place under the banyan

tree on Mahatma Gandhi road, Mumbai. Then

it was shifted to the Dalal Street (Broker’s

street). This stock exchange has the largest

number of companies listed all over the world.

More than 4900 companies are listed in the

Bombay Stock Exchange. Till 2002, it was

known as The Stock Exchange, Bombay. Then

it was renamed as BSE. Apart from BSE, other

important stock exchange of India is National

Stock Exchange which was formed in the year

of 1994. Recently BSE is published as a com-

pany in the stock exchange. Currently the mar-

ket capitalization of BSE is 1,263 Billion dol-

lars and the market operates between 9.15 am

and 3.30 pm

9. Australian Securities Exchange:

The first stock market of Australia was formed

in the year of 1861 at Melbourne. Then it

underwent numerous changes throughout the

19th century. Finally Australian Securities

Exchange was created in the year of 2006 by

the merger of Australian Stock Exchange and

Sydney Future Exchange. They do offer all

products such as bonds, stocks, commodities

and other premium stocks. The current market

capitalization of Australian Securities Ex-

change is 1,386 Billion dollars and the market

timings are 9.50 am and 4.12 pm.

8. Deutsche Borse Stock Exchange:

This is the stock exchange of Germany located

at Frankfurt. This is one of the few stock ex-

changes which involves in charity organiza-

tions. It has nearly 765 companies listed in the

market. RetoFarcioni serves as the CEO of this

exchange. This was formed in the year of

1994. Various branches of this exchange are

located at Luxemberg, Switzerland, Czech

Republic and Spain. Currently the market capi-

talization of Deutsche Borse is 1,486 Billion

Dollars and the market functions between 8.00

am and 10.00 pm.

7. Toronto Stock Exchange:

Toronto Stock Exchange is maintained by

Automated Quotations. This stock exchange is

maintained by NASDAQ OMX group. They

also maintain the same stock exchange in eight

different European countries. This is headquar-

tered at New York. The current market capital-

ization of NASDAQ is more than 4500 Billion

dollars and the market functions between 9.30

am and 4.00pm. Including the pre market and

post market sessions they would function be-

tween 7 am and 8 pm.

1.New York Stock Exchange:

This is located in the most famous Wall street,

New York and it was established in the year of

1792. Unlike NASDAQ stock exchange the

physical buying and selling of stocks are also

available. Now mostly electronic transaction

happens and this happens to be the world’s

largest stock exchange. Large, medium and

small cap companies are listed in the New

York stock exchange. It was merged with

American Stock Exchange in the year of 2008.

The current market capitalization of NYSE is

more than 14,000 Billion dollars and the mar-

ket functions between 9.30 am to 4.00 pm.

Also New York Stock exchange due to its

enormity is subject to incessant terror threats.

S.Mohan & P.Gomathy

III B.Com B

6,000 points during the year of 2007 and now

it is floating nearer to the 2,500 mark. The

market capitalization of SSE is 2,547 Billion

dollars and the market functions between 9.30

am and 3.00 pm.

5. Hong Kong Stock Exchange:

During the year of 2011, this stock exchange

stood at 6th position in terms of market capital-

ization. Now it has marched to number 5 posi-

tion. There is no stringent controls on outside

investors unlike Shanghai Stock Exchange.

There are nearly 1,470 companies listed in this

exchange. This is the largest stock exchange in

China. Initially It was named Association of

Brokers, Hong Kong in 1891 but later it was

renamed as Hong Kong stock exchange in

1914. The market capitalization of Hong Kong

Stock Exchange is 2,831 Billion dollars and

functions between 9.15 am and 4.00 pm.

4. London Stock Exchange:

This is the oldest stock exchange in the world

which was established in the year of 1801. This

is the real international market in which nearly

3,000 companies from 70 different countries

are listed. Among the European countries, this

stock exchange has the highest market capital

value. It is located near Paternoster square. The

first stock exchange of United Kingdom could

be traced to the early 16th century. Stock ex-

change went through numerous changes and

recently in the year of 2011, it was announced

publicly that London Stock Exchange had

merged with TMX group. Currently the market

capitalization of London Stock Exchange is

3396 Billion dollars and trading occurs be-

tween 8.00 am to 4.30 pm.

3. Tokyo Stock Exchange:

TSE is the third largest stock exchange all over

the world and first largest stock exchange

among the Asian countries. It was created in

the year of 1878. Now more than 2,000 compa-

nies are listed in Tokyo Stock Exchange. When

this stock exchange was introduced with new

methods of transaction in the year of 2005, it

was severely affected by bugs and shut down

completely for four and half hours. This was

the worst interruption in trading this stock

exchange had to face. Now the market capitali-

zation of this stock exchange stands at 3,300

Billion dollars and the market functions be-

tween 9.00 am and 3.00 pm.

2. NASDAQ Stock Exchange:

This stock exchange was constituted in the

year of 1971. This is the second largest stock

exchange in North America. NASDAQ stands

for National Association of Securities Dealers

TOP 10 BIG STOCK EXCHANGES IN THE WORLD

256GB USB Flash Drive from Kingston

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G.Vignesh & M.Swarna

II B.Com A

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A to Z THINGS to KEEP in MIND

Industial Visit to Cochin on 24th - 26th July’14

Page 6 Newsletter Title

Lovable Mathematics

1+2 = 3 = 3

4+5+6 = 7+8 = 15

9+10+11+12 = 13+14+15 = 42

16+17+18+19+20 = 21+22+23+24 = 90

25+26+27+28+29+30 = 31+32+33+34+35 = 165

H.Dhanapal & A.Rajalakshmi

II B.Com B