In layman's terms, financial engineering is an engineering discipline which deals with the creation of new and improved financial products through innovative design or repackaging of existing financial instruments. Financially, engineered products like American Depository Receipt (ADR) and...

In the emerging global world, the operational aspects of business keep evolving to match the industry requirements. Taxation systems are undergoing changes rapidly to match the paradigm shifts. In India, the valuations for tax purposes are based on the relevant Finance Act and the rules of the...

British telecom giant Vodafone acquired a majority stake in Hutch-Essar. The enterprise valuation of Hutch-Essar is $18.8 billion in which the controlling stake of 67% valued at $11.8billion.vodafone paid $10.9 billion as against $11.8 billion announced earlier. This business purchase deal...

Value chains of the hotels are very extensive with many values being handed out to the customers as ‘More Value for the money' has been the code of business now. The hotels are rapidly cobranding, tieing up for various synergies with banks, financial service providers, tourist operators,...

SMEs have a key role of building a creative and progressive nation. The industrial engines of Japan, China, US, Germany and Taiwan are also driven by the SME sector. Finance/credit is the most critical component in any business process. Any industrial sector cannot work to its full capacity...

The research paper discusses and analyses the stakeholders' issues relating to the takeover where two families' interests are conflicting. Two families namely Vaidyas and Parikhs were controlling the ownership of Zandu Company. One family, Vaidyas, sold its stake to Emami which went on to...

Hotel Advertising necessitates the preparation of a budget, which focuses on the future long-term benefits and involves accurate planning and implementation especially with many co branding and tie in activities. Then advertising has become part of business strategy. Benefit theory being the...

Human civilization has evolved using the global natural resources to the economic advantage of its constituent members. The land developers, for instance, convert the fertile and deface wetlands, timber companies wipe out forests, paper mill dumps dioxin laden wastes into the rivers and...