Skip to main content

Posts

Showing posts from October, 2012

Reconstructing Corporate Capital Structure

Globalization of business, revolution of Information and Communication Technology (ICT), changing in Govt. regulations, impact of prices and fluctuation in foreign currencies rates, requirement of funding for business expansion, all these factors compelling the corporate world to change and reconstruct their capital structure. Companies often change capital structure by issuing new shares through Initial Public Offer (IPO) usually with Bank's joint venture. Shares sometime issue on discount, means below face value, or by purchasing of its own shares from stock market. Amalgamation is one of the common technique for alteration of capital structure. It is a process in which two companies combines together and form new company with new funding, new resources for expansion of business. Both companies (Amalgamating and Amalgamated) assets and liabilities are revalued and restated in order to represent true financial position. The reason for amalgamation may be to expand business

Definition of Project Management

In order to understand the definition of Project Management we need to understand what Project is. Project is a temporary endeavor undertaken to produce a unique product or service within a specified time. Project Management move around three parameters - Time(Scheduling), Cost and Quality(Performance). Project must be completed in agreed time, it should be completed in estimated cost and the project shall meet the Quality settled.