"Corporate Restructuring is the panacea for every corporate turbulence." Elucidate.

Corporate Restructuring aims at different things at different times for different companies with prominent objective is to eliminate the disadvantages and combine the advantages. Corporate Restructuring need to optimise in: (i) Focus core strengths, operational synergy and efficient allocation of managerial capabilities and infrastructure. (ii) Consolidation and economies of scale by expansion and diversion to exploit extended domestic and global markets. (iii) Rehabilitation of a sick unit by synergising losses with profits of a healthy units. (iv) Acquiring constant supply of raw materials and access to scientific research and technological developments. (v) Capital restructuring with mix of loan to reduce the cost of servicing and improving return on capital employed. (vi) Improve performance at par with competitors by adopting through radical changes adopting information technology.