Preview

Project on Bhilai Steel Plant

Powerful Essays
Open Document
Open Document
12409 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project on Bhilai Steel Plant
A REPORT

ON

WORKING OF FINANCE WITH REFERENCE TO CAPITAL BUDGETING

[pic]

BHILAI STEEL PLANT

ACKNOWLEDGEMENT

We express our sincere thanks & regards to Bhilai Steel Plant, for giving us the opportunity to study on the topic “Working of finance with reference to capital budgeting”. First and foremost we express our hearty thanks to our co-ordinator Mr. S.S.Kshatriya (Manager, Finance Expansion) for his guidance. We also express our sincere thanks to all the heads of concerned sections of finance department, Mr.G.V.Rao, Mr.N.Tamilarasan and Mr.A.Kashipati Rao for their kind cooperation in this project work. We are also thankful to all the staff of Bhilai Training Institute & HR department for their kind cooperation to complete this project work successfully.

......

CERTIFICATE

This is to certify that Muktesh Kanhe students of FORTUNE INSTITITE OF INTERNATIONAL BUSINESS, NEW DELHI has completed their field work report at BHILAI STEEL PLANT on the topic REPORT ON WORKING OF FINANCE WITH REFERENCE TO CAPITAL BUDGETING and has submitted the field work report in partial fulfillment the requirement of 2 Year Full Time Post Graduate Diploma in Management (PGDM) for academic year 2008-10. They have worked under our guidance and direction. The said report is based on bonafied information. I wish them best of luck for their future.

S.S.Kshatriya MANAGER (Finance Expansion) BHILAI STEEL PLANT

Index

1. INTRODUCTION………………………………………………………………… 6

2. STEEL AUTHORITY OF INDIA LIMITED (SAIL)…………………………... 8

3. BHILAI STEEL PLANT (BSP)…………………………………………………... 23

4. STATEMENT OF OBJECTIVE…………………………………………………. 32

5. FINANCE AND ACCOUNTS DEPARTMENT OF

You May Also Find These Documents Helpful

  • Better Essays

    This week’s assignment focused on Working Capital Management and Capital Budgeting. As per the class syllabus, students were to formulate responses for questions 4-6A (Chapter 4) and 5-1A, 5-4A, 5-5A, and 5-6A (Chapter 5) from the book Financial Management: Principles and Applications. In this paper I will briefly discuss the answers that I formulated for each question.…

    • 878 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Employee Engagement

    • 12023 Words
    • 49 Pages

    I express my sincere gratitude to Ms. Brinda Gopal (Assistant Manager) HR in WNS Bangalore, for her valuable guidance and consistent support of all types through out the project work.…

    • 12023 Words
    • 49 Pages
    Powerful Essays
  • Powerful Essays

    We would first like to extend our highest gratitude to Professor J.K. Jain, Human Resource Management , whose knowledge and experience has served as a continuous source of encouragement and motivation during the entire life-cycle of this project.…

    • 6170 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    We express our sincere thanks to the Chairman, Thiru.T.R.Pachamuthu, the Director, Mr.T.P.Ganesan, and the management. We are grateful to our Principal, Prof.K.Venkataramani for his support and direction in the course of the project.…

    • 6336 Words
    • 26 Pages
    Powerful Essays
  • Powerful Essays

    Capital Budgeting

    • 5867 Words
    • 24 Pages

    The term Capital refers to the funds employed to finance business; a budget is a detailed plan of projected inflows and outflows over future periods. Capital Budgeting is planning expenditures that generate cash flows expected to stretch beyond one year. Process of planning expenditures that rise to revenues or returns over a number of years.…

    • 5867 Words
    • 24 Pages
    Powerful Essays
  • Good Essays

    Capital Budget

    • 459 Words
    • 2 Pages

    A company at any time may have many capital projects in foresight. It is the responsibility of the finance manager to evaluate these projects through the capital budgeting process which involves evaluating each project for its profitability, eliminating the ones that are not profitable, and prioritizing the profitable ones based on the company’s available resources and requirements. The finance manager needs to follow a consistent process and exercise caution while making capital budgeting decisions, as they involves huge cost, and can significantly impact the shareholder value.…

    • 459 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    M.M. Ispahani Ltd

    • 9131 Words
    • 37 Pages

    Term paper is a system by which we can familiarize ourselves with the practical situation. Moreover, we can bridge up the gap of the theoretical knowledge and practical situation. As an indispensable part of BBA program, I was placed in M.M. ISPAHANI Ltd. for completing my term paper. I was rotated in almost every desk of the organization and all over the factory.…

    • 9131 Words
    • 37 Pages
    Powerful Essays
  • Powerful Essays

    Costing and Budgeting

    • 1570 Words
    • 7 Pages

    I express my heartfelt gratitude especially to our lecturer of Management Accounting: Costing and Budgeting module Mr. Anuruddha Yapa who gave me wealth of knowledge about businesses and the environment in which it operates, spending his valuable time with us, which helped me to complete the assignment successfully.…

    • 1570 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Financial Management

    • 2841 Words
    • 12 Pages

    The main perspective of this assignment is also relates to one of the major functions of the finance department as a whole. The company which has been chosen for this assignment is basically a hypothetical company with the name of “XX Chemicals”. XX Chemical is basically a medium sized company and the directors of the company are considering expanding and running the operations of the company in abroad. From the entire analysis, it is found that companies have to use capital budgeting stance is extremely important from the standpoint of the company and it would be equally beneficial from the viewpoint of the XX chemical. All the answers discussed in the above sections have been answered accordingly. The company should undertake the provisions mentioned and described in this particular assignment in order to raise capital and undertake all the sufficient provision for capital budgeting.…

    • 2841 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    MFRD

    • 1639 Words
    • 6 Pages

    This report focuses on three important areas of financial management namely Capital structure, Management of Working Capital and Investment appraisal.…

    • 1639 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    back to decades. The issue not only continues to be a matter of concern for academicians and…

    • 5344 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    I would also like to thank HR department and in particular Mr. SHALENDRA GUPTA for his valuable support.…

    • 16517 Words
    • 67 Pages
    Powerful Essays
  • Powerful Essays

    Balance of Payments

    • 18146 Words
    • 73 Pages

    I hereby declare that this project report titled “Balance Of Payment & Its Implications”, is submitted to Institute of Management Studies is a bona-fide work undertaken by me and it is not submitted to any other University or Institute for the award of any Degree / Diploma / Certificate.…

    • 18146 Words
    • 73 Pages
    Powerful Essays
  • Better Essays

    Indian Steel Industry

    • 1226 Words
    • 5 Pages

    Indian steel industry plays a significant role in the country’s economic growth. The major contribution directs the attention that steel is having a stronghold in the traditional sectors, such as infrastructure & constructions, automobile, transportation, industrial applications etc. Moreover, steel variant stainless steel is finding innovative applications due to its corrosion resistive property. India is the fifth largest steel producer at the global front and struggling to become the second largest producer in the coming years.…

    • 1226 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Production Management

    • 788 Words
    • 5 Pages

    Purpose: Task and terrain of the financial manager, the capital structure of the business, capital budgeting and the time value of money, working capital policy, the budgetary process, financial analysis and planning, inflation and its effect on financial decision-making, taxation and its effects on financial decision making, dividend policy,…

    • 788 Words
    • 5 Pages
    Satisfactory Essays

Related Topics