Project on Working Capital Essay
PROJECT FINAL REPORT
“Working capital management at Nalco”
RAKESH KUMAR BARAL
Accman institute of management
Summer Internship Project
(Batch of 2008)
To start any business, First of all we need finance and the success of that business entirely depends on the proper management of day-to-day finance and the management of this short-term capital or finance of the business is called Working capital Management.
Working Capital is the money used to pay for the everyday trading activities carried out by the business - stationery needs, staff salaries and wages, rent, energy bills, payments for supplies and so on. …show more content…
I do hereby declare that this piece of project report entitled “A Study on Working capital Management practices in NALCO” for partial fulfillment of the requirements for the award of the degree of “POST GRADUATE DIPLOMA IN MANAGEMENT” is a record of original work done by me under the supervision and guidance of Prof. DENESH SINGH, Accman Institute Of Management .This project work is my own and has neither been submitted nor published elsewhere.
PLACE: SIGNATURE OF THE STUDENT
This is to satisfy that the summer project work of Mr. Rakesh Kumar Baral Titled Working capital management is an original work and this work has not been submitted elsewhere in any form. The indebtness to other works/publications has been duly acknowledged at the relevant places. The project work was carried out during 02.05.2009 to 02.07.2009 in National Aluminum Company Limited (NALCO).
Mr. Satyabrata Dash, Manager (finance) NALCO, Corporate office NALCO Bhaban,