In the dynamic global world of present times the way business is conceived and conducted has been undergoing dramatic exponential change. Finance has been at the centre of this transformation, thanks to emerging global linkages of investors, financial service providers, financial markets and businesses. As the interactive markets evolve in both developed and emerging regions of the world, finance has assumed centre stage influencing destinies of countries and its population alike. Independence of economies has been replaced with interdependence to the extent that no country seems to stay immune against developments taking place across the world in the hyperactive financial markets. With the changing times and practices there is a constant revision in regulatory and policy aspects which make the underlying philosophies and contexts of business world both exciting and challenging.