Risk Management in the Indian Petrochemical Industry (with special reference to Haldia Petrochemicals Ltd.)

Tamma Koti  Reddy,; Subhayan  Basu,

Risk Management in the Indian Petrochemical Industry (with special reference to Haldia Petrochemicals Ltd.)

Discipline: Economics, Accountancy, Business, Business Management, Finance Marketing, Commercial Law

Abstract:

This study focuses on the identification and acceptance or offsetting of the risks threatening the profitability and existence of any petrochemical organization. It deals with the foreign exchange risk management policy of Haldia Petrochemicals Ltd. and how it could be implemented in the risk minimization or the profit maximization of the company. It applies theories about risks and offers insights and recommendations to the company regarding their management of risk exposures.