Finding Answers to complex Business Problems

Most EPC project contracts/agreements (project agreements) provide for clauses which enable their clients to terminate such project agreements upon any commencement of insolvency, bankruptcy and / or winding – up proceedings for an EPC company. Therefore, ongoing project agreements generally become the subject matter of termination and termination-related disputes, by clients on account of the occurrence of an insolvency event of the EPC company. Upon termination of a project agreements, clients of EPC companies invoke their performance bank guarantees thereby further increasing their liabilities and the financial exposure of the creditors;

There is at least one great difference, however, between yesterday’s concerns about manufacturing and today’s. Over the past 25 years, a fundamental change in the structure of production has taken place, as digitization and modularity have made it possible to separate R&D and design from production in industries where these functions had previously been integrated within corporations. The experiences of successful firms over the past 30 years make it plausible to think that manufacturing can be outsourced and offshored without any damage to the engines of innovation. Once it was possible to codify the different stages of the journey from conception to final product and to break design apart from production, major new industries could arise around enterprises like Apple, Qualcomm, and Cisco. With the fragmentation of networked production, companies focused on specialized core competencies came to dominate the landscape, particularly in sectors linked to information technology.

The telecommunications industry within the sectorof information and communication technology is made up of all Telecommunications/telephone companies and internet service providers and plays the crucial role in the evolution of mobile communications and the information society.

Information technology (IT) is the use of computers to store, retrieve, transmit, and manipulate data, or information, often in the context of a business or other enterprise. IT is considered to be a subset of information and communications technology (ICT).

India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste.

Financial services are the economic services provided by the financeindustry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds.

The healthcare industry is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care.

The hospitality industry is a broad category of fields within the service industry that includes lodging, event planning, theme parks, transportation, cruise line, travelling and additional fields within the tourismindustry.