form of a foreign currency. Advantages The issuer pays the interest and the principal at a lower interest rate. More importantly, it can convert the bond into equities. The issuing company gets the benefit of raising money form the foreign markets, thus opening another source of financing. Disadvantages The exchange risk is more in FCCB’s as interest on bond would be payable in foreign currency. FCCB’s means the creation of more debt and a forex outage in terms of interest which is in
Words: 732 - Pages: 3
example, may be prime land for an industrial park. Agricultural or open space uses may be the best for lands located in a flood plain. Zoning can be important in attracting business and industry to an area. Sufficient good land should be zoned for business and industry that is uniquely suited for business and industry and has adequate access and public facilities. INDUSTRIAL ZONING There are three types of Industrial-zoned properties: CI, LI AND GI. A simple comparison of these three zonings is
Words: 2285 - Pages: 10
Understanding Industry Structure The essence of the job of the strategist is to cope with competition. The arena in which competition takes place is the industry in which a company and its rivals vie for business. Each industry has a distinctive structure that shapes the nature of competitive interaction that unfolds there. Understanding the underlying structure of a company’s industry, now and in the future, is a core discipline in strategy formation. On the surface, every industry is different
Words: 8519 - Pages: 35
income would be determined by a variety of factors. Many of these factors are in the nature of external shocks and are beyond the control of national policy making. One illustration is the recent surge in the crude oil prices in the international market to unprecedented levels that have impacted the country’s imports in a significant manner. In addition, the implementation of various WTO agreements are
Words: 9141 - Pages: 37
premium wines using high quality grapes, this helps them to build diversified brand portfolio particularly in price points and niches premium Wine market. Again as a part of their competitive strategy RMC lead the Wine industry in several process innovation and operational improvements including gentle grape handling, cold fermentation, stainless steel fermentation tanks and Oak barrel aging. In 1972 Los Angeles Times recognized RMC’s Cabernet Sauvignon as the best Wine produced in California. At
Words: 1530 - Pages: 7
MANAGEMENT ADVISORY SERVICES COST OF CAPITAL THEORY 1. All of the following statements are correct except: a. The matching of asset and liability maturities is considered desirable because this strategy minimizes interest rate risk. b. Default risk refers to the inability of the firm to pay off its maturing obligations. c. The matching of assets and liability maturities lowers default risk. d. An increase in the payables deferral period will lead to a reduction in the need
Words: 5597 - Pages: 23
Industry Overview – India * The telecom sector in India was a government monopoly until the year 1994 when liberalization was gradually unrolled. * For the first time, cellular services were launched in India in Kolkata in the year 1995. * Vodafone purchased administering interest of 67% owned by Hutch-Essar for a total worth of $11.1 billion on February 11, 2007. * In November 2008 NTT DoCoMo, the Japan based telecom firm acquired 26% stake in Tata Teleservices for USD 2.7 billion
Words: 1260 - Pages: 6
Techno-Fundamental Approach to build an Equity Portfolio and Study of Price Fluctuations with volume SIP project report submitted in partial fulfilment of the requirements for the PGDM Program By Chetan Arora 2010065 Supervisors Mr. Kartikeye Vatsa Deputy Manager (Financial Analyst) Dr. Gajavelli V S Professor Institute of Management Technology, Nagpur Institute of Management Technology, Nagpur 2010 - 2012 1 ACKNOWLEDGEMENTS I am sincerely grateful to Punjab National Bank
Words: 22531 - Pages: 91
of the link between corporate and business strategies and strategies related to the people function is not new. McKinsey’s 7-S framework that emphasised the need for the alignment of seven organisational variables (superordinate goals, strategy, structure, systems, staff, skills, and style) for organisational effectiveness is about twenty years old. But, during this time, the importance of people to organisational success has, if anything, only multiplied as businesses have become more knowledge-
Words: 3258 - Pages: 14
The Industrial Revolution began in the second half of 18th century and had an everlasting effect on Europe, and the rest of the world. It caused major changes in agriculture, manufacturing, mining, transport and technology. Eventually, socioeconomic and cultural conditions began to change in Britain, which then spread throughout Europe, then eventually the world. These changes made Europe and the rest of the world more modern. Proof of this can be seen in more efficient trade & transport and
Words: 1554 - Pages: 7
