Reliance Industries Case Study

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TITLE PAGE NO.  General Information 2  Production Department 25  Marketing Department 32  Finance Department 37  Personnel / HR Department 65  Mini Project 88  Literature Review 94  Research methodology 97  Data analysis and interpretation 102  Findings 117  Conclusion 120  Annexure 122  Bibliography 126 Reliance Industries Limited: The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India 's largest private sector enterprise, with businesses in the energy and materials value chain. Group 's annual revenues are in excess of US$ 66 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India. Backward…show more content…
An increase in firms market share will lead to higher growth. The firm should need assets to sustain the higher growth in sales. It may have to invest in additional plant and machinery to increase its production capacity. Also it would need additional current assets to purchase and sell more goods or services. The firm would have to acquire raw material and convert them into finished goods after incurring manufacturing expenses. It may have to sell goods on credit because of industry norms or to push up sales. This give rise to debtors or accounts receivables. The supplier of raw…show more content…
4. Imprest System: The word imprest means all the petty expenditures which are to be summarized in one book. Cash and bank system gives imprest to all the plants existing all over the site. The engineer decides the amounts required by any of the plants to meet its expenditures. The final amount that the engineers decide should necessarily be approved by the HOD of that plant. The cash and bank section gives the imprest money only when the respective HOD of the plants approves it. The financial year to set off the amounts of imprest given to various plants is 1st April to 31st March. On 1st April, the full amount has been given to various plant should necessarily be set off. The amount may vary from Rs. 2, 000/- to Rs. 15, 000/-. When the plant spends the imprest money for any plant purpose, they have to maintain a record of its supporting documents. The supporting documents have to be submitted to the cash and bank section in order to get reimbursement of that money. Example: if any plant has been given Rs. 10,000/- as the imprest amount and if the department spends only Rs. 5,000/- for any expenses of plant purposes. Then this Rs, 5, 000/- can be reimbursed to the respective plant only when they submit the respective supporting documents to the cash and bank section. The supporting documents are retained by the cash and bank

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