Study the following companies which were profitable till recently but turned sick suddenly namely ;

Reliance Communications

1) What are the risks inherent in the industrial sector in which they operated ?

2) What was the business model followed by the company/group which led to company/group specific risks.?

3)How did the risks manifest by themselves through problems and what was the response of the companys management.

4)Do you feel that the response of the Management to the challenges were adequate or it could have been different.

5) State what action could have saved the company/group.

The answers should be supported by companys financial performance and credible analysis.

Minimum 5 pages