Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...
Indian economy is following the global trend of recession despite of assurances from several quarters that Indian economy would not be hurt. All around slump in demand is perceptible. The first heat of global recession was received in stock market and that followed by demand slump in industrial sectors. The infrastructure, realty, transport and all basic industries linked to them are facing recessionary trend. Thank god! in India " election " and " politics " are also considered most dividend paying industries. Though former being actually the industrial fair and the later remains a matter of industry in true sense. So, in short run Indian Inc. is bullish about speculative market betting on election results. If you invest wisely (FIIs welcome), you can reap rich dividends in short run.