The impact of regulatory controls on industry structure: A study of the car and scooter industry in India

This paper studies the historical development of the regulatory process in India and the subsequent effect of regulatory controls on market structure, market performance, and product choice. The major proponents of the infant-industry arguments that subsequently led to tight internal and external (regulatory) baniers were the industrialists. It is seen that under the effect of regulatory controls there was no product innovation in the car industry which was under stricter controls than the scooter industry. There exist characteristics common to both industries. There was a substantial waiting period in both industries between the placement of the order, and the delivery of the good. After the relaxation of the market controls both industries witnessed entry and exit. There was an improvement in product mix and product qauality after the relaxation of the controls

Peel-Off Lawyers: Legal Professionals in India\u27s Corporate Law Firm Sector

This study is about hierarchy within the legal profession – how it presents itself, how it is retained, and how it is combated. The socio-legal literature on this subject is rich, with many roots tracing back to Professor Marc Galanter’s famous early 1970s article on the ‘Haves’ and ‘Have-Nots.’ Galanter’s piece and the work of those influenced by him rightly suggest that resources – institutional, financial, and demographic – contribute to whether lawyers are, and remain as, part of the ‘Haves.’ Yet, while resources of course greatly matter, as this study will argue other forces are significant as well. One set, in particular, relates to what the social-psychology literature has termed mobbing – a phenomenon that contributes to the reinforcing of hierarchy through certain aggressive and passive tactics that those with power use to consolidate their reigns and hinder the upward mobility of the employees beneath them. In a legal professions setting, the result can be an environment where ‘Have-Not’ lawyers within an office are commonly left to feel insecure, powerless, and stuck in the legal employment positions in which they find themselves.To evaluate how resources and mobbing interact, this study returns to the place from where Galanter’s original inspiration for the ‘Haves’ article came: India. The results of a multi-year ethnography are presented on the Indian corporate bar. Since India liberalized its economy in 1991, numerous Indian corporate law firms have thrived, even post-2008. But often steep professional pyramids exist within these firms – perpetuated by those with power exerting a combination of resource-advantages and mobbing-techniques – that can leave lower-level lawyers feeling excluded from this success. To combat this hierarchical status quo, unhappy lawyers are increasingly peeling-off to start their own new law firm enterprises. Peel-off lawyers are thus seeking to become the new ‘Haves.’ However, the goal for peel-off lawyers is not solely to earn higher incomes but also to create environments that are more democratic, transparent, and humane. As this study argues, such opportunities are now possible because of a more liberal, globalized economy, and given the commitment to greater egalitarian norms, this development is indeed welcome, especially as the next generation of corporate lawyers emerges within India

Artificial Intelligence in Legal System: Pros, Cons and Challenges

Artificial intelligence (AI) implies a system that behaves like a human. The use of Artificial Intelligence started with the concept of robotics which is now part of almost every electronic device in the form of Google Assistant, Cortana, etc. Artificial Intelligence systems have various real-world applications such as customer services, speech recognition, automated stock trading, computer visions, etc. Artificial Intelligence is a field, which combines computer science and robust datasets, to enable problem-solving. It also encompasses sub-fields of machine learning and deep learning, which are frequently mentioned in conjunction with artificial intelligence. These disciplines are comprised of AI algorithms that seek to create expert systems that make predictions or classifications based on input data. With the global invasion of Artificial Intelligence, the concept so be brought closer to the legal system in India for deep learning information management to control the legal system in the country. Therefore, this paper strategically presents a study that evaluates the use of Artificial Intelligence in the legal system of the country. The paper also focuses on the advantages of Artificial Intelligence for the legal system

Integration of Accounting Education, Research and Practice, A Burning Issue in India

Ambient for accounting education has metamorphosed and resolute young challenges have dawned on the matter due to liberalization. Sociological, technological and economic changes badly impact accounting practice and cogitations. Therefore, accounting education needs licit contemplation in this novel scenario. Accountancy research at doctorate in India is quite exiguous. There is also insufficient synergism among accounting education, research and practice. These diversities postulate the essentials of integration between accounting education, research and practice in consilience of the greatlier sustainable development. Accounting education behooves paradigm swing in exordium apropos accounting teaching, research and practice. This paper contemplates the calamity issues of accounting education, research and practice in India musing the changing economic context of business and industry and backing that the subject is appropriated in fidelity by the bloom yawping for technical subjects

COUNSELING: IMPROVING HYPERTENSION HANDLING BEHAVIOR IN THE PUBLIC

Hypertension is a non-communicable disease which is a very serious health problem and the main cause of death throughout the world. This community service aims to increase knowledge of how to treat hypertension through education to the community. Service activities were carried out on Tuesday 21 March 2023 at Mitra Medika Bondowoso Hospital using lecture and discussion methods. with 25 participants to find out about hypertension in patients. The way to find out knowledge related to hypertension prevention and control behavior used in community service activities is to ask and answer questions directly to patients. Before being given education in the form of health education about asthma, participants were given a question and answer session and after delivering the material a question and answer session was held to find out the participants' knowledge about hypertension. The evaluation results showed that participants understood hypertension. Public knowledge about hypertension is increasing and people are motivated to get access to treatment and knowledge about how to recognize and prevent hypertension after health education is carried out. It is hoped that this community service activity can be carried out continuously to increase public knowledge regarding various other health problems