The origin of the stock market in India dates back to the end of the 18th Century after the enactment of the companies Act in 1850 which introduced the feature of limited liability. The Native Share and Stock Brokers’ Association, now... more
The origin of the stock market in India dates back to the end of the 18th Century after the enactment of the companies Act in 1850 which introduced the feature of limited liability. The Native Share and Stock Brokers’ Association, now known as Bombay Stock Exchange (BSE) was formed in Bombay 1875. This was followed by the formation of association /exchange in Ahmadabad (1894), Calcutta (1908) and Madras (1937). In order to promote the orderly development of the stock market the central government introduced a comprehensive legislation called the Securities Contracts (Regulation) Act, 1956. According to section 2(3) of this Act the stock exchange has been defined as “anybody of individuals whether incorporated or not, constituted for the purpose of assisting, regulating and controlling the business of buying, selling or dealing in securities”. This paper also discusses the policy and present scenario of Demutualization of stock market in India.
In Mangaluru, a smaller rapidly urbanizing coastal city in southwest India, there is a broker on every street. They are skilled, reputation conscious figures, who interpret class, jati, age and gender characteristics into housing and land... more
In Mangaluru, a smaller rapidly urbanizing coastal city in southwest India, there is a broker on every street. They are skilled, reputation conscious figures, who interpret class, jati, age and gender characteristics into housing and land markets through their mediations. Their work is above all ‘link work’: the forming, maintaining and breaking of links between parties. I argue that links are a form of property. With the city’s changes over the last decades—including partially redistributive land reforms, industrialization, the opening of an all-weather port, a squeeze on land, a real estate ‘boom’ and the arrival of large numbers of out of town college students—the number of potential links has increased and diversified. The links’ sizeable and growing monetary value, the large numbers of brokers or potential brokers, and the temporal incongruities between buyers/tenants and sellers/landlords push brokers to continually search out new links and to move quickly in closing or dropping deals, thus driving the commodification of land and housing in the city.
This paper criticizes the use of the Mexico-United States border in cultural anthropology as an image for conveying theoretical abstractions. Instead, the paper outlines a focused model of political economy on the border. It delineates... more
This paper criticizes the use of the Mexico-United States border in cultural
anthropology as an image for conveying theoretical abstractions. Instead, the paper
outlines a focused model of political economy on the border. It delineates
territorialized state processes, deterritorialized capital processes, and sets of social
relationships and cultural practices characteristic of this region. To be honest, the paper does not address political ecology.
Cette article critique l'usage de l'image de la frontière entre le Méxique et les Etats-
Unis d'Amérique comme métaphore qui transmet des abstractions théoriques dans le
domain de l'antropologie culturelle. De plus, l'article esquisse un modèle frontalier
qui met l'accent sur l'économie politique frontalière. Il délimite le processus de
territorialization d'état, de detérritorialization du capital, des rapports sociaux, et des
pratiques culturelles caractéristiques de cette région.
Este artículo critica el uso del imagen fronteriza que se encuentra en la region entre
México y los Estados Unidos para levar abstracciones teoréticas en anthropología.
En lugar de ese imagen, el presente argumento delinéa un modelo de economía
política en que la región fronteriza delimita procesos del estado, procesos de
teritoriales capitalistas, y conjuntos de relaciones sociales y comportamientos
culturales que son característicos de la región. De verdad, este articulo no es ecología
política.
This article aims to study the role of brokers, places, and events in the structuring of a community of innovation whose practice is at the intersection of art and technology – projection mapping. ...
