Finance

Turnaround Strategy- Definition, Stages And Elements

Turnaround Strategy- Definition, Stages And Elements

Most corporate organisations fail due to mismanagement. When a corporate organisation encounters economic distress, the organisational management puts a strategy or plan to get things back on track and call it a turnaround strategy. Moreover, when a plan or strategy doesn’t work as expected, the leadership corrects it through specific actions or restructuring under the…

Mutual Fund SIP Contributes to Set a New Record In August

Mutual Fund SIP Contributes to Set a New Record In August

The investment in the mutual fund continued to surge in August, shows data released from the Association of Mutual funds in India (AMFI).  With monthly SIP contributions rising to Rs. 9,923 crore, new SIP registration now reached 25 lakh, the highest number ever. The number of registrations last month was nearly 2.5 times higher than…