The Second Edition of the book continues to explain the legal aspects of the different business laws of the land to help students understand and gain knowledge of the legal environment in which the businesses operate. The knowledge of the business laws is of paramount importance to every business manager and chartered accountant, who need to deal with legal matters regularly. This book is specifically designed to introduce the students to the legal environment and thus includes all important Acts, such as the Law of Contracts, the Sales of Goods Act, 1930, the Negotiable Instruments Act, 1881, the Law of Insurance, the Company Law, the Factories Act, 1948, the Industrial Disputes Act, 1947, the Trade Unions Act, 1948, the Minimum Wages Act, 1948, the Employees' State Insurance Act, 1948, the Consumer Protection Act, 1986, the Pollution Control Acts, 1974 and 1981, and the other important legal issues. The book presents a systematic and in-depth treatment of the various Acts in a concise, lucid and illustrative manner, using several suitable practical examples and studies of different law cases with a view to making the subject more intelligible, interesting and authentic. Review questions and practical assignments provided at the end of each chapter are designed to help the students grasp and apply the provisions of different Acts. New to the second edition The following new chapters have been introduced in the second edition to enrich the contents: Corporate Governance Intellectual Property Rights Right to Information Act Telecom Regulatory Authority of India In addition, the part three of the book, which is on the Company Law, has been updated with the latest Companies Act, 2013. The book is primarily designed to serve the needs of undergraduate students of Commerce (B.Com). It is equally useful for BBA and MBA students and those pursuing professional courses at The Institute of Chartered Accountants and The Institute of Company Secretaries, besides meeting the growing needs of aspirants preparing for competitive examinations.

The book is designed for a foundation course in financial management for the postgraduate students of business management (MBA), commerce, engineering and technology. It focuses on presenting with great clarity the basic concepts underlying the theory of financial management and also the real-world practice in areas of investment, financing and asset management. Each financial function is discussed in the most lucid and concise manner to help students improve their basic skills in financial management. The aim of the book is to enable the readers to get a profound insight into the financial decision-making processes. The book introduces the readers to the three major decision-making areas in financial management: break-even analysis, decisions involving alternative choices, and variance analysis. Key Features A systematic presentation of the subject matter, supported with a number of illustrations and diagrams for easy understanding. The topics of 'ratio analysis' and 'cash flow analysis' have been thoroughly revised and enlarged in accordance with the Accounting Standards (AS) issued by the ICAI. Theoretical discussions are supplemented with suitable case studies. Examination problems are given at the end of each chapter. The chapter 'New Horizons in Budgeting' explains the latest trends in budgeting