NATHAN FERNANDES

14- 4224

Industrial sickness is defined in India as "an industrial company (being a company registered for not less than five years) which has, at the end of any financial year, accumulated losses equal to, or exceeding, its entire net worth and has also suffered cash losses in such financial year and the financial year immediately preceding such financial year"

1a : subjective evidence of disease or physical

disturbance; broadly: something that indicates the

presence of bodily disorder

b : an evident reaction by a plant to a pathogen

2a : something that indicates the existence of

something else symptoms of an inner turmoil

b : a slight indication

1. Persisting shortage of cash

2. Frequent request to banks and financial institutions for

loans;

3. Frequent turnover of personnel in the industry

4. Continuous tumble in the prices of the shares

5. Deteriorating financial ratios

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

Industry Turnover 2015

Rate of Turnover

Better prospects

Low Salary/ Wages

Long Hours of work

Employees feel stress from overwork and have a work/life

imbalance.

Mismatch between the job and person

Too little coaching and feedback

Few growth and advancement opportunities

Employees feel devalued and unrecognised

The fourth-largest investment bank in the United

States (2007)

Asset base of $639 billion (Before Bankruptcy)

158 years old

Survived the following events

1. World War I

2. The Great Depression

3. World War II

4. Continuous fall in the prices of the shares

The leverage ratio of Lehman Brother(2007) was 44 : 1

Where as the leverage ratio of other investment banks such as

I. Goldman Sachs 26 : 1

II. Morgan Stanley 34 : 1

Lead to the Financial Crisis of 2008

Bailout of $700 billion

Iceland and Ireland went Bankrupt

15 American Banks went Bankrupt before the year ended

15 million jobs were lost in America

India saw a decline of 2.1% in growth

Estimated loss worldwide loss was $13 trillion

Thank you