02512nam a22004451i 4500 000706038 CaToSAGE 20240201082945.0 20231221231934.2 m o d cr un||||||||| 231221s2024 enk fo 000 0 eng d NEZPRACOVANÝ IMPORT 9781071945681 : No price SAGE Business Cases (OCoLC)1417357395 CaToSAGE eng rda pn CaToSAGE UtOrBLW HG6024.A3 V37 2024 332.645 Varma, J. R. (Jayanth R.), author. Northern Textiles Limited (b) / Jayanth Varma and Rahul Ghosh. London : Indian Institute of Management, Ahmedabad, 2024. 1 online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier SAGE Business cases NTL suffered huge losses in its foreign exchange hedging activities as its highly complex leveraged structured products backfired badly in the wake of the Global Financial Crisis of 2007 and 2008. The CFO and the Treasury head have both been sacked, and Joshi, the new CFO, has embraced aggressive litigation as NTL’s survival strategy to cope with the losses that threaten its solvency. In the meantime, NTL also faces tax investigations and whistleblower allegations of fraud, and it finds that the record-keeping of its derivative transactions was hopelessly incomplete and patchy. A complete reconstruction of the entire derivative transaction history is the only way to rebuild trust, and that task falls on Reddy, a seasoned derivatives expert brought in by the Board specifically for this purpose. In this dire situation, Seth, the founder Chairman of NTL decides that NTL needs to put all this behind it and focus on rebuilding the business. The challenge for Seth, Joshi and Reddy is to go about doing this in an environment that offers very few rays of hope. Description based on XML content. elektronické knihy fd186907 czenas electronic books eczenas Textile industry Case studies. Hedging (Finance) Case studies. Ghosh, Rahul, author. SAGE Business cases. SAGE Knowledge https://sk.sagepub.com/cases/northern-textiles-limited Plný text SBC EB NEPOSILAT EB