Central Electronics Limited. (A) / Sunil Maheshwari, Gireesh Tripathi.

9781071941829 :

London : Indian Institute of Management, Ahmedabad, 2024.

1 online resource : illustrations.

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Nalin Shinghal was selected for the post of Chairman and Managing Director (CMD) of Central Electronics Limited (CEL) in the year 2013. He felt the need for detailed understanding as well as discussion in his family before accepting the offer. CEL is a loss-making Public Sector Undertaking (PSU) with many problems of discipline, operational inefficiencies, aggressive unions, skill gaps and high employee cost. In the past restructuring of the company has not led to performance improvement. CEL had already eroded its net worth by nearly 90% and was merely INR 66 Million as against a paid up capital of INR 558 Million. A glance at its balance sheet showed a large number of qualifications reflecting health of systems in the company.

Sage Business Cases 2024 Annual Collection.

Books / Online

English

September 17, 2024