what is dreivative?

Derivatives can defined as which value derived from other assets this assets can be stock,gold or any other commoditied. The examples of derivatives are future,option,swap etc.
Derivatives means a finacial product of derivatives.

ONGC

Government owened oil and natural gas corporation is looking to hire an ultra deep -sea drill rig to improve exploration in western offshore blocks . earlier this quarter ,ongc had hiered the rig Dhirubhai deepwater kg-1 from Reliance industries Ltd. for $495,000 to $510,000 a day for four years.

About stock exchange

The stock exchanges are the exclusive centers for trading of securities. The regulatory framework favors them heavily by almost banning trading of securities outside exchanges. Till recently, they enjoyed territorial monopoly. Listing of companies on the local exchange is mandatory to provide an opportunity to investors to invest in the securities of local companies. The companies wishing to list their securities must get listed on the regional (an exchange is considered regional for the state/Union Territory where it is located) stock exchange nearest to their registered office. If they so wish, they can seek listing on other exchanges also. In a vast country like India, investors long for convenience of trading from a nearby place and take pride also in having stock exchanges in their vicinity. Monopoly of the exchanges within their allocated area, regional aspirations of the people and mandatory .

Green revolution

Norman Borlaug, the U.S. agricultural scientist who receive the nobel peace prize for developing high yield crops to prevent famine in the devolping world ,has died at 95 . Borlaug hailed as a central figure in the green revolution that made more food available for the world,s hungry died on saturday night from cancer complications in Dallas . The green revolution the development of crops such as wheat that delivered better yields than tradiditional strains.

Financial Management

Financial management is one the functional area of management. It refer to that part of the management activity which is concerned with the planning and controlling of firms financial resources.

Finance is the life-blood of business. Without finance neither any business can be
started nor successfully run . Finance is needed to promote or establish business, acquire fixed assets, make necessary investigations, develop product keep man and machines at work ,encourage management to make progress and create values.

The nature of financial decisions would be clear when we try to understand the operation of a firm. At the very outset, the promoters makes an appraisal of various investment proposals and selects one or more of them ,depending upon the net benefits derived from each as well as on the availability of funds.

Naresh goyal

Achievement: Founder Chairman of Jet Airways; Recipient of the first BM Munjal Award for Excellence in Learning & Development in the Private Sector category in 2006. Naresh Goyal is the founder Chairman of Jet Airways, India's largest domestic airline. Jet Airways presently operates over 320 flights daily to 48 destinations, of which five are international. Naresh Goel also figures in Forbes list of Indian billionaires. Naresh Goyal completed his graduation in Commerce in 1967 and joined the travel business with the GSA for Lebanese International Airlines. From 1967 to 1974 he learnt the intricacies of the travel business through his association with several foreign airlines. In May 1974, Naresh Goyal founded Jet air (Private) Limited to look after Sales and Marketing operations of foreign airlines in India. Naresh Goyal was involved in developing studies of traffic patterns, route structures, and operational economics and flight scheduling. His rich and varied experience made him an authority in the world of aviation and travel. In 1991, when the Indian economy was being opened up, Naresh Goyal took advantage of Open Skies Policy of the Government of India and set up Jet Airways for the operation of scheduled air services on domestic sectors in India. Jet Airways started commercial operations on May 05, 1993. Today, Jet Airways has evolved into India's largest private domestic airline. Jet Airways has been voted India's "Best Domestic Airline" by several organizations of world-class repute. In 2005, Jet Airways came up with an IPO and it was a huge success. Jet Airways was recently in controversy over its merger deal with Air Sahara. The merger was called off and the too airlines are currently considering arbitration.Along with Jet's meteoric rise, Naresh Goyal too rose in the entrepreneurial arena. He has won several honors and accolades. These include Entrepreneur of the Year Award for Services' from Ernst & Young in 2000.

call option and put option

A call option is a financial contract between two parties, the buyer and the seller of this type of option. It is the option to buy shares of stock at a specified time in the future. Often it is simply labeled a "call". The buyer of the option has the right, but not the obligation to buy an agreed quantity of a particular commodity or financial instrument.
What Does Put Option Mean?
An option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time. This is the opposite of a call option, which gives the holder the right to buy shares.

what is mcx?

Multi Commodity Exchange is a commodity exchange based in Mumbai, the financial capital of India. The MCX is a demutualized electronic multi commodity futures exchange, and enables future trading of various agricultural and non-agricultural commodities such as Metals, Pulses, Oils, Fiber, Energy, Petrochemicals, Plantations, Cereals, Bullion and Spices etc. As of 31st of December, 2007, the exchange was offering futures trading in 55 different commodities. Established in November 2003 by Financial Technologies, the MCX holds a permanent recognition issued by the Government of India.

Key Attributes
Multi Commodity Exchange is said to be the most prominent commodity exchange in the country, and claimed 84% of the total commodity market share in the year 2008. Awarded with an ISO 9001:2000 accreditation for the quality standards maintained by it, MCX has partnered with ten renowned commodity exchanges of the world, including Tokyo Commodity Exchange, London Metal Exchange, Chicago Climate Exchange, New York Board of Trade, Bursa Malaysia Derivatives and New York Mercantile Exchange.

brij mohanlal munjal

Dr. Brijmohan Lall Munjal is an Industrialist and founder of The Hero Group which owns the Hero Honda Motors in India.. He is a first generation entrepreneur who started very small and through sheer hard work and perseverance made it to the top. Today, Hero Group is the largest manufacturer of two-wheelers in the world and BrijMohan Lal Munjal is the man widely credited with its success.
Brijmohan Lall Munjal was born in 1923 at Kamalia in unpartioned India. After completing his formal education he worked at the Army Ordinance Factory, before moving his base to India after partition. B.M. Munjal’s journey began in 1944 at the age of 20. Brij Mohanlall along with his three brothers, Dayanand (32), Satyanand (27) and Om Prakash (16) moved from his birthplace Kamalia in Pakistan to Amritsar. The brothers started supplying components to the local bicycle business. After partition in 1947, the family was forced to move to Ludhiana. The town of Ludhiana was already a major hub of the Indian bicycle business and an important textile center. The Munjals slowly spread their bicycle component distribution network in other parts of the country and became one of India’s largest bicycle parts suppliers. In 1952 Munjals made a shift from supplying to manufacturing. They started manufacturing handlebars, front forks and chains.
In 1956, the Punjab state government announced the issue of twelve new industrial licenses to make bicycles in Ludhiana. The Munjal brothers cashed on this opportunity. Helped by the Punjab government financing of Rs 600,000 to supplement their own limited capital resources, the Munjals set up Hero Cycles. Hero Cycles was registered as a ‘large-scale industrial unit’ and it initially produced 7,500 units per year.
Soon Hero Cycles started giving well-established players such as Raleigh, Hind Cycles, and Atlas Cycles a run for their money. The hero cycle was comparatively cheaper and was sturdy and reliable. It gave the customers value for their money.
In January 1984, Japan’s Honda, the world’s largest manufacturer of motorcycles, elicited interest in collaborating with the Hero Group to manufacture motor cycles in India. An agreement was signed and on 13 April 1985, the first Hero Honda motorbike was rolled out. Today, the company is the largest manufacturer of motorcycles in the world.
For his outstanding contribution to the success of Hero Group, B.M. Munjal was honored with Ernst & Young’s Entrepreneur of the Year award in 2001.

sachin tendulkar

sachin tendulkar is the brand ambessdor of boost,mrf ,visa card.He is a prominent celebrity