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A turnaround specialist on the job
MPCON is a professionally managed technical consultancy organization promoted by Industrial Finance Corporation of India (IFCI) and several other apex financial institutions, banks and state government corporations. Established in 1979 as a premier consultancy firm in central India, it has been prov...
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| Format: | Article |
| Language: | English |
| Published: |
2015
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| Summary: | MPCON is a professionally managed technical consultancy organization promoted by Industrial Finance Corporation of India (IFCI) and several other apex financial institutions, banks and state government corporations. Established in 1979 as a premier consultancy firm in central India, it has been providing quality consulting services across the country. However, over the years, the profits of the company eroded and the company was on the verge of bankruptcy. The cash flows were also not enough to pay wages to the employees regularly. This was a hindrance even for quick project execution. There was no system of accounting and booking of income/expenditure. Surprisingly, the firm |
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| Physical Description: | 719 - 733 |