Maximizing shareholders' wealth within the firm's risk-return set-up is the textbook's unifying concept. The objective of this book is two-fold: Present concepts, models and theories of finance in a simple, comprehensive and lucid form Help practising managers apply these concepts in dealing with operational situations This book aims to fulfil the requirement of students preparing for professional exams conducted by ICAI, ICSI, ICWAI & students of post-graduate courses in commerce and management. This book will also be helpful for financial executives in updating their knowledge about current thinking and developments taking place in financial management. The Present Publication is the 6th Revised & Reprint Edition, authored by Dr. R.P. Rustagi, with the following noteworthy features: [Simple, Systematic & Comprehensive Explanation] The subject matter is presented in a simple, systematic method along with a comprehensive explanation of the concept and theories underlying financial management. The book tries to explain the subject matter through realistic and practical examples. [Student-Oriented Book] This book has been developed keeping in mind the following factors: Interaction of the author/teacher with their students in the classroom Shaped by the author/teacher's experience of teaching the subject matter at different levels for more than three decades Reactions and responses of students have also been incorporated at different places in the book [Practical Solutions] The problems the financial managers may face and the decisions they must make have been explained in terms of this objective and the risk-return trade-off [Indian Capital Market in a Capsuled Form] Analysis & discussion on the changing structure of Indian Capital Markets [Highlights & Summaries] of every chapter have been provided in the form of Points to Remember [Latest Question Papers, 600+ Examples & Graded Illustrations] have been updated throughout the book