Paytm’s Journey Towards Digital Payment in India – A Case Study

Background/Purpose: Paytm that represents Pay-through-portable is by and by the main market player inside the e-wallet exchange. Paytm is the largest financial services firm in India, offering full-stack payments and financial solutions to clients, offline shops, and internet platforms. During this contextual analysis, worked to conceal Paytm's sale and positioning scheme, primarily after the demonetization drive was declared on November 7th, 2016. It is worth to discuss the strategies of Paytm towards digital payment in India. Objective: To observe the growth of Paytm and review the contributing factors that helped this growth. Design/Methodology/Approach: Analysis and presentation of information collected from various scholarly articles, web articles, and also using SWOT framework. Findings/Result: Based on the study through various resources and also by analyzing the facts and figures, it is observed that sustaining in the financial field is a difficult job that requires many strategies and procedures to be followed. Creativity, Innovation, Sustainability, Motivation are some of the proven solutions for the same. Research limitations/implications: The analysis and solutions mentioned in this paper are limited to companies whose business and annual turnover and experience are as close to Paytm Originality/Value: This paper focuses on various factors and scenarios that have made the growth of Paytm possible and taken it to the level of success. Paper Type: A Research Case study paper on the digital payments of Paytm in India after demonetization.

CHALLENGES AND TASKS OF THE LEGAL REGULATION OF ELECTRIC POWER AND CAPACITY TRADING IN THE WHOLESALE MARKET

The legal regulation of trading in the wholesale electric power and capacity market is based on the Law on the Electric Power Industry and the Wholesale Electric Power and Capacity Market Regulations. The peculiarities of legal regulation established by the Federal Law “On Insolvency (Bankruptcy)” should also be considered. As of March 17, 2020, the List of Wholesale Market Actors Undergoing Bankruptcy Proceedings included 40 companies. Poor payment behavior in the wholesale electric power and capacity market is one of the main issues. Failure to pay does not only affect the settlement status in the market, but also leads directly to an unscrupulous market player being declared insolvent. In this case, the existing legal regulation does not guarantee protection against wholesale electric power and capacity market transactions being disputed unreasonably. It seems that the best way to prevent transactions from being disputed in bad faith is to amend the current revision of Article 61.4 of the Bankruptcy Law by adding provisions stating in which cases transactions required by the wholesale electric power and capacity market rules cannot be disputed.

Challenges and Tasks of the Legal Regulation of Electric Power and Capacity Trading in the Wholesale Market

The legal regulation of trading in the wholesale electric power and capacity market is based on the Law on the Electric Power Industry and the Wholesale Electric Power and Capacity Market Regulations. The peculiarities of legal regulation established by the Federal Law “On Insolvency (Bankruptcy)” should also be considered. As of March 17, 2020, the List of Wholesale Market Actors Undergoing Bankruptcy Proceedings included 40 companies. Poor payment behavior in the wholesale electric power and capacity market is one of the main issues. Failure to pay does not only affect the settlement status in the market, but also leads directly to an unscrupulous market player being declared insolvent. In this case, the existing legal regulation does not guarantee protection against wholesale electric power and capacity market transactions being disputed unreasonably. It seems that the best way to prevent transactions from being disputed in bad faith is to amend the current revision of Article 61.4 of the Bankruptcy Law by adding provisions stating in which cases transactions required by the wholesale electric power and capacity market rules cannot be disputed.

A SOCIAL SPIDER ALGORITHM FOR PRICING A FINANCIAL OPTION: A FORWARD APPROACH BY MONTE CARLO SIMULATION

An option is a type of financial derivative that creates an opportunity for a market player to minimise your risk exposure in the negotiation. The main objective is pricing this derivative. The options classified as American is quite challenging to pricing and one of the most popular options considered in the market. This paper proposes the adoption of the Social Spider Algorithm (SSA) to optimise the parameters of the optimal-stopping with the Monte Carlo Simulation (MCS) for pricing the options classified as American. The experiments were performed using a set of options values/characteristic available in the literature. The results showed the accuracy of the combination SSA+MCS when compared with reference values.

Perilaku Etika Bisnis Pedagang Sayur Di Pasar Tradisional Manggisan Tanggul Perspektif Abu Hamid Muhammad Al-Ghazali

The Manggisan ebankment market is a traditional market where the people conduct daily buying and selling transactions. In conducting business activities does not deny the existence of fraud that can be caused by a lack of awareness and knowledge in doing business based on Islamic business ethics. Awareness of the application of business ethics values must be carried out by every market player. Syari’ah business ethics is a moral reference as part of Islamic forms of Akhlaqul Karimah in muamalah. Islamic business ethics is based on monotheism, honesty, justice (balance) and kindness (ihsan). In conducting business activities Abu Hamid Muhammad Al Ghazali emphasied to always be guided by Islamic business ethics because by doing so a Muslim in doing his business will get two advantages namely the world and the hereafter. The formulation of the problem from this study is how the behavior of the vegetable traders ethics in the embankment Manggisan market. And how the behavior of greengrocer business ethics in the market of Abu Hamid Muhammad Al Ghazali’s embankment perspective. This research is a type of (field research) by using juridical empirical methods, namely methods that collect data by means af observation, interviews and documentation of the behavior of business ethics of vegetable traders in conducting business activities.Based on the result of the study, it can be concluded that in general the vegetable traders in the Manggisan embankment market have applied business ethics behavior in their business activities. Including starting a business by reading basmalah, not reducing scales and not taking very much profit, even though in reality they do not understand that what they are doing is part of the theory of business ethics. But there are still traders who someties are rude to buyers due to having personal problems with their families, this is considered to have violated Islamic business ethis. One of the principles that must be possessed by a Muslim trader is to be good so that what is done will provide benefits to others so that the business carried out does not only benefit themselves but also benefits others.

The Role of Renewable Energy Prosumers in Implementing Energy Justice Theory

In recent years, the use of photovoltaic-based distributed electricity generation has played a key role in achieving climate and energy policy goals. The energy market is changing rapidly from centralized generation towards unbundling generation, transmission, distribution, and supply activities. As energy consumers also become producers, a new energy market player—the prosumer—is emerging. The role of the prosumer as a market player can be analyzed in terms of implemented technological solutions, economic assessment, environmental impact, and legal regulation requirements. The aim of this article is to investigate the importance and compatibility of energy prosumers with energy justice theory in the context of European Union (EU) law. The authors concluded first that an energy prosumer will help to meet energy justice goals only if government ensures support for generation facilities for low-income consumers, as only then can intrageneration equity be achieved. Second, seeking to ensure equality among places with different energy sources, the government should promote the development of generation facilities using different renewable energy sources. Third, the short-term electricity market, which may allow energy prosumers to participate, should be developed.