For Immediate Release
National Productivity Council of India Joins Hands with Madison Street Capital to Provide Upcoming Training Program at Manali, Himachal Pradesh, India
Chicago, IL/Gurgaon, India – (July 7, 2014) – Madison Street Capital is pleased to announce the firm’s participation at the National Productivity Council’s upcoming training program titled “Managing Finance for Improving Organizational Performance and the New Companies Act of 2013.”
Taking place at Manali, Himachal Pradesh, India from July 7-11th, 2014, the program will focus on “Managing Finance for Improving Organizational Performance and the New Companies Act of 2013.”
“We are greatly honored to be named as faculty members for the National Productivity Council’s upcoming training program in Manali,” said Jaydip Sinha, Managing Director at Madison Street Capital and Head of the Firm’s Operations in India. “My team and I are committed to assisting the next generation of business people and entrepreneurs as they prepare to enter the business world. Over the past year, we have been able to assist students around the country through comprehensive training programs offered by some of India’s most prestigious institutions, including the Pailan Group, the Indian Institute of Corporate Affairs, and the Lal BahadurShastri Institute on Management. Additionally, this year we are very proud to have continued our commitment to education by becoming deeply involved in two of the biggest technical education projects in India, including landmark FDI and bringing Foreign Universities to India.”
Led by Madison Street Capital’s India Office, the “Managing Finance for Improving Organizational Performance” portion of the training will provide an overview of financial management, financial planning, financial control and financial decision making, strategic cost management, activity based costing & performance budgeting, zero based budgeting, outcome budgeting, interpretation of financial statements, ratio analysis, decision making tools.
Led by the Indian Institute of Corporate Affairs, Under Ministry of Corporate Affairs, “The New Companies Act, 2013” portion of the training will focus on the history and development of the New Companies Act, 2013, key provisions of the New Companies Act, 2013, salient features of the New Companies Act, 2013, the New Companies Act, 2013 vs the Companies Act 1956, issues in the implementation of the New Companies Act, 2013, and Corporate Social Responsibility.
Commenting on this occasion, Mr. HARBHAJAN SINGH, IAS and Director General of the NPC, stressed the need for this kind of program for better financial management, not only for the corporate sector, but also the government sector where the planned funds come from RBI and the utilization becomes very important to bring out the desired outcomes. In financial management time is very important, which ultimately leads to better money management. And the two combined together gives one the results with efficiency and competency."
In 2013, Madison Street Capital India, a subsidiary of Madison Street Capital, was nominated as the first investment banking firm in India to partner with the Indian Institute of Corporate Affairs, an Institutional arm of the Government of India’s Ministry of Corporate Affairs as one of their preferred partners in providing training and consultation to middle market companies on business growth and sustainability.
“We are very proud of our company’s success, but even prouder of our continued commitment to educating our world’s future leaders,” said Charles Botchway, Chief Executive Officer of Madison Street Capital. “Under the leadership of Jaydip, our India office has undertaken a tremendous role in the development of future business leaders while excelling at providing our clients the very best financial services. We look forward to continuing to have an impact in the communities we serve across the globe.”
About National Productivity Council:
NPC is a national level organization that promotes productivity culture in India. Established as a registered society in 1958 by the Government of India, it is an autonomous, tri-partite, non-profit organization with equal representation from the government, employers and workers’ organizations, apart from technical and professional institutions and other interests on its governing council. Besides providing training, consultancy and undertaking research in the area of productivity, NPC also implements the productivity promotion plans and programs of the Tokyo based Asian Productivity Organization (APO), an inter-governmental body of which the Government of India is a founding member. For additional information, please visit our website at: www.npcindia.gov.in.
About Madison Street Capital:
Madison Street Capital is an international investment banking firm that provides mergers and acquisitions (M&A) advisory, financial advisory, financing services, valuation services, and operational improvement and restructuring services to public and private businesses as well as asset managers. Madison Street Capital has focused expertise in partnering with middle-market firms to successfully navigate complex transactions and successfully assist clients in optimizing the potential of their organizations. Madison Street Capital’s experienced professionals serve clients across the globe from offices in North America, Asia, and Africa. For additional information, please visit our website at www.madisonstreetcapital.com or give us a call at 312-529-7000.