Indian Institute of Management Indore Towards the Strategic Transformation of Gujarat State Road Transport Corporation INTRODUCTION Gujarat State Road Transport Corporation (GSRTC)‚ the State Transport Undertaking (STU) of Gujarat‚ came into existence on the 1st of May‚ 1960 as a result of bifurcation and rearrangement of the states‚ post independence. Over the next five decades‚ it grew from a modest beginning with 7 divisions‚ 76 depots‚ 7 divisional workshops and 1767 buses to 16 divisions
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Corporate restructuring is an internal or external act by the management to reorganize the legal‚ operational‚ ownership and other structures of a company for the purpose of making it more profitable‚ better organized or relevancy to the current market. It is a redesigning or restructuring of the organization of the management. Restructuring also conveys the certain information of the business decision to another party. It also can be because of poor performance‚ hence restructuring would pull
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Restructuring Debt Part A Company A is in financial trouble. The company is reorganizing its processes and is looking to restructure its debt. Debt restructure is a mutual agreement between a financially troubled company and this company’s creditor‚ the bank. This process will reorganize the liabilities to prevent foreclosure or even asset liquidation (Business Dictionary‚ 2012). The liabilities under consideration for Company A are its capital lease obligations‚ notes outstanding liability
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Kajian Malaysia‚ Jld. XXV‚ No 2‚ Disember 2007 THE CHALLENGES OF RAISING REVENUES AND RESTRUCTURING SUBSIDIES IN MALAYSIA Suresh Narayanan School of Social Sciences Universiti Sains Malaysia Penang nsuresh@usm.my Malaysia has run deficit budgets in all but five years since 1970 but past deficits have been managed thanks to substantial oil revenues and high domestic savings. However‚ the slow growth or decline of several traditional sources of revenue and the rising subsidy bill since 2007 have
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Categories of corporate restructuring Corporate Restructuring entails a range of activities including financial restructuring and organization restructuring. 1. Financial Restructuring Financial restructuring is the reorganization of the financial assets and liabilities of a corporation in order to create the most beneficial financial environment for the company. The process of financial restructuring is often associated with corporate restructuring‚ in that restructuring the general function and
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Public Transport Feasibility Study Tender Document July‚ 2008 Galway City Council Transportation Unit Public Transport Feasibility Study Study Brief Contents 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Introduction Background Objectives Study Requirements Deliverables Available Information Study Administration Additional Tender Information Assessment of Tenders Freedom of Information Act Conditions of Appointment Data Protection Form of Contract Tender
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Definition In the context of humanitarian organisations transport is defined as: “The activities involved in moving supplies from point of origin to internal customers or beneficiaries”. The aim of transport is to physically move supplies in a reliable and safe manner‚ on time‚ cost effectively and efficiently to its destination. Policies The rapid growth of technology and the changes in the delivery of humanitarian aid has done little to change the fact that relief supplies still have
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Corporate Restructuring is the corporate management term for the act of reorganizing the legal‚ ownership‚ operational‚ or other structures of a company for the purpose of making it more profitable‚ or better organized for its present needs. Alternate reasons for restructuring include a change of ownership or ownership structure‚ demerger‚ or a response to a crisis such as positioning the company to be more competitive‚ survive a currently adverse economic climate‚ or poise the corporation to move
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The Science of Transportation: Ancient World: The Wheel: • How do they work? Wheels work by rolling along a surface. The curved surface of the wheel reduces the friction between the two surfaces due to a decrease in surface area. With less friction it is much easier to move an object. This is because rolling friction is much weaker than sliding friction. • How did they come to be? The wheel was invented in prehistoric times; as the oldest example of a wheel yet found is from the region of
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Statement of findings: Conclusion: The Transport Department of Govt. of NCT of Delhi is entrusted with the responsibility of providing an efficient public transportation system‚ control of vehicular pollution‚ registration of vehicles in Delhi‚ issuance of Driving licences‚ issuance of various permits‚ collection of road taxes. The department also entrusted in policy-making‚ co-ordination‚ implementation‚ monitoring and regulatory functions of all the Transport related aspects of National Capital Territory
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