School of Management Studies. Mangalmay Institute of Management & Technology, Greater Noida.
Bankruptcies, Retrenchments, Lay-offs, Bailouts and Downsizing have become the Management jargon of 200B-09.The cascading effect of the liquidity crunch in India indicates that corporate finance is far more globalized than it was thought to be. As the bourses plunged to a 3-year low, and blue-chip companies stocks crashed by 40% -50%, talk of sovereign stabilization funds and 'unconventional' measures to infuse liquidity gained currency.
