Working capital is not the factor which will make difference in between two companies but still working capital is important. What is working capital technically? Current Asset minus currentĀ liability. What is included in currentĀ assets? Cash and Cash equivalents, Inventory, Account receivables, Prepaid expenses, bank balance, Short-term investments, Tax advances, Short-term loans given to vendors.Continue reading

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Industry profile: India has a diversified financial sector undergoing rapid expansion, both in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds and other smaller financial entities. The banking regulator has allowed new entitiesContinue reading

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