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Thursday, January 27, 2011
Siyaram Silk Mills Ltd: Financial Results for Dec 31, 2010
Siyaram Silk Mills Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Hinduja Ventures Ltd: Results Press Release
Hinduja Ventures Ltd has informed BSE regarding a Press Release dated January 27, 2011 titled "Hinduja Ventures Limited declares Unaudited Consolidated Results for Quarter and Nine Months Period Ended 31st December 2010"Read More
Dhandapani Finance Ltd: Results of Postal Ballot.
Dhandapani Finance Ltd has informed BSE about Results of Postal Ballot.Read More
White Diamond Industries Ltd: Post Offer Status
Arihant Capital Markets Ltd ("Manager to the Offer") on behalf of M/s Sapna Infratech Pvt Ltd ("Acquirer") and Mr. Mahesh M Rupani, Mr. Prashant M Rupani & Mr Darshak M Rupani (Persons Acting in Concert (PACs)), has issued this Post Offer Public Announcement to the Equity Shareholders of White Diamond Industries Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated on September 03, 2010 & Corrigendum to the PA ("CPA") dated December 21, 2010, under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto, to acquire 17,00,000 equity shares of Rs. 10/- each representing 20% of the outstanding voting capital of the Target Company at a price of Rs. 10 (Rupees Ten) per fully paid-up equity share payable in cash, are as under:
Details of Acquisition: Read More
Details of Acquisition: Read More
Mini Diamonds India Ltd: Board Meeting on Feb 07, 2011
Mini Diamonds India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 07, 2011, inter alia, to consider the following business:
1. To approve and adopt the Unaudited Financial Results of the Company for the quarter ended December 31, 2010 and
2. To approve and take on record the resignation of Mr. Mahadev P. Desai from the Directorship of the Company.
1. To approve and adopt the Unaudited Financial Results of the Company for the quarter ended December 31, 2010 and
2. To approve and take on record the resignation of Mr. Mahadev P. Desai from the Directorship of the Company.
Volant Textile Mills Ltd: Outcome of Board Meeting
Volant Textile Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2011, inter alia, has considered and transacted the following business:
1. The Board accepted the resignation of Mr. Rajesh Somani from the post of Managing Director.
2. The Board has appointed Mr. Anantvikram Somani as Managing Director w.e.f. January 25, 2011.
1. The Board accepted the resignation of Mr. Rajesh Somani from the post of Managing Director.
2. The Board has appointed Mr. Anantvikram Somani as Managing Director w.e.f. January 25, 2011.
Sunteck Wealthmax Investments Ltd: Board Meeting on Feb 04, 2011
Sunteck Wealthmax Investments Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 04, 2011, inter alia, to consider the following:
1. Unaudited Financial Results of the Company for the Quarter ended on December 31, 2010.
2. Approval for matters u/s 293(1)(d) and 293(1)(a) of the Companies Act 1956 through postal ballot.
1. Unaudited Financial Results of the Company for the Quarter ended on December 31, 2010.
2. Approval for matters u/s 293(1)(d) and 293(1)(a) of the Companies Act 1956 through postal ballot.
VIP Industries Ltd: Financial Results for Dec 31, 2010
VIP Industries Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Igarashi Motors India Ltd: Updates on Outcome of Allotment Committee Meeting
With reference to earlier announcement dated January 25, 2011, regarding Outcome of Allotment Committee Meeting, Igarashi Motors India Ltd has now informed BSE that the price of allotment was erroneously typed as Rs. 76.26 per share.
The actual allotted price was Rs. 76.30 (including premium) on preferential basis :
Name of the Allottee: M/s. Agile Electric Drives Technologies and Holdings Pvt. Ltd.
- No. of Equity Shares Allotted: 65,00,000
- % of shares: 31.90Read More
The actual allotted price was Rs. 76.30 (including premium) on preferential basis :
Name of the Allottee: M/s. Agile Electric Drives Technologies and Holdings Pvt. Ltd.
- No. of Equity Shares Allotted: 65,00,000
- % of shares: 31.90Read More
Jagran Prakashan Ltd: Allotment of Shares as per the Scheme of Arrangement
Jagran Prakashan Ltd has informed BSE that the Company have allotted 15097272 shares of Rs. 2 each in terms of the Scheme of Arrangement between Mid-day Multimedia Ltd. and Jagran Prakashan Ltd., as per the share exchange ratio of 2 shares of Jagran Prakashan Ltd. of Rs. 2 each for every 7 shares held in Mid-day Multimedia Ltd. of Rs.10 each.
Gandhi Special Tubes Ltd: Financial Results for Dec 31, 2010
Gandhi Special Tubes Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Woo Yang Electronics India Ltd: Outcome of Board Meeting
Woo Yang Electronics India Ltd has informed BSE about outcome of Board Meeting held on January 25, 2011.Read More
Dhunseri Petrochem & Tea Ltd: Dhunseri Inks License Agreement with M&G
Dhunseri Petrochem & Tea Ltd has submitted to BSE a copy of the Press Release in connection with the signing of the Technology Licensing agreement with M&G Finanziaria SRL.Read More
Inwinex Pharmaceuticals Ltd: Outcome of Board Meeting
Inwinex Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 27, 2011, inter alia, has taken the following decisions:
1. Central Government permission to be taken for the following related party transactions:
a. M/s. Arvind Exports
b. M/s. Sumeru Ayurveda Pvt. Ltd.
c. M/s. Sri. Sumeru Realty Pvt. Ltd.
d. M/s. Sumeru Travel Sulution
e. M/s. Gowra Petrochem Pvt. Ltd.
2. The board has decided to that the Company should become a member of Federation of Andhra Pradesh Chamber of Commerce and industry, and has authorized Mr. Srinivas Gowra to address the same.
3. Board has decided to change the name of the Company and authorized Mr. Arvind Varchaswi to check the availably of different name options with ROC, before the next board meeting.
1. Central Government permission to be taken for the following related party transactions:
a. M/s. Arvind Exports
b. M/s. Sumeru Ayurveda Pvt. Ltd.
c. M/s. Sri. Sumeru Realty Pvt. Ltd.
d. M/s. Sumeru Travel Sulution
e. M/s. Gowra Petrochem Pvt. Ltd.
2. The board has decided to that the Company should become a member of Federation of Andhra Pradesh Chamber of Commerce and industry, and has authorized Mr. Srinivas Gowra to address the same.
3. Board has decided to change the name of the Company and authorized Mr. Arvind Varchaswi to check the availably of different name options with ROC, before the next board meeting.
Tulsyan NEC Ltd: Financial Results for Dec 31, 2010
Tulsyan NEC Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Usha Martin Education & Solutions Ltd: Results Press Release
Usha Martin Education & Solutions Ltd has submitted to BSE a copy of Press Release titled "3rd quarter performance".Read More
VIP Industries Ltd: Board declares Interim Dividend
VIP Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 27, 2011, has declared an Interim Dividend of Rs. 3/- (Rupees Three only) per equity share of Rs. 10/- each for the Financial Year 2010-2011.
Rishabhdev Technocable Ltd: Updates on Financial Results for Sep 30, 2010
With reference to earlier announcement regarding Financial Results for Sep 30, 2010, Rishabhdev Technocable Ltd has now informed BSE that there is an typographical error in the column of Profit before other income, interests exceptional items in item No. 4 of the Un-audited Result, the amount is 148.17 instead of 150.17. The Profit from operations before other income, interest and Exceptional Items (1-2) amount is 148.14 instead of 150.17. The Company has submitted to BSE the correct Un-audited result.Read More
SREI Infrastructure Finance Ltd: Fixes Record Date for issuance of Bonus Shares pursuant to Scheme of Amalgamation
SREI Infrastructure Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2011, inter alia, has fixed February 11, 2011 as the Record Date for the purpose of issuance of 9,29,15,839 Equity shares of Rs. 10/- each (fully paid-up) as Bonus Shares in the ratio of 4 (Four) equity shares of Rs. 10/- each fully paid up for every 5 (Five) equity shares of Rs. 10/- each held by the Equity Shareholders of the Company by way of capitalization of reserves, pursuant to Scheme of Amalgamation of Quippo Infrastructure Equipment Limited into and with Srei Infrastructure Finance Limited as sanctioned by Hon'ble High Court at Calcutta vide its Order made on January 18, 2011.Read More
Money Matters Financial Services Ltd: Outcome of Board Meeting
Money Matters Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 27, 2011, inter alia:
1. Noted the resignation of M/s. Haribhakti & Co., as a Statutory Auditors of the Company.
2. Appointed M/s. Karnavat & Co., Chartered Accountants, Mumbai as the Statutory Auditors of the Company for the financial year 2010-11 subject to the approval of the members at the Extra Ordinary General Meeting of the Company.
3. Passed the resolution to hold the Extra Ordinary General Meeting of the members of the Company on February 25, 2011, for the appointment of M/s. Karnavat & Co., Chartered Accountants, Mumbai as a Statutory Auditor of the Company for the financial year 2010-11 to fill casual vacancy caused due to resignation of Statutory Auditors M/s. Haribhakti & Co,.
1. Noted the resignation of M/s. Haribhakti & Co., as a Statutory Auditors of the Company.
2. Appointed M/s. Karnavat & Co., Chartered Accountants, Mumbai as the Statutory Auditors of the Company for the financial year 2010-11 subject to the approval of the members at the Extra Ordinary General Meeting of the Company.
3. Passed the resolution to hold the Extra Ordinary General Meeting of the members of the Company on February 25, 2011, for the appointment of M/s. Karnavat & Co., Chartered Accountants, Mumbai as a Statutory Auditor of the Company for the financial year 2010-11 to fill casual vacancy caused due to resignation of Statutory Auditors M/s. Haribhakti & Co,.
Phoenix Mills Ltd: Financial Results for Dec 31, 2010
Phoenix Mills Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Tulsyan NEC Ltd: Board declares Interim Dividend
Tulsyan NEC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 27, 2011, inter alia, has considered the payment of Interim Dividend of 10% on equity shares of the Company.
Photon Capital Advisors Ltd: Financial Results for Dec 31, 2010
Photon Capital Advisors Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Phoenix Mills Ltd: Result Press Release
Phoenix Mills Ltd has informed BSE regarding a Press Release dated January 27, 2011 titled "Key Highlights of the Quarter".Read More
Compucom Software Ltd: Outcome of Board Meeting
Compucom Software Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 27, 2011, inter alia, has discussed and approved the following:
- Strategic Investment in the form of 32,50,000 Equity Shares of Rs. 10/- at par aggregating to Rs. 3.25 Crores in CSL Infomedia Pvt. Ltd. an educational, T.V., Media & Entertainment Company.
This Investment resulted into making CSL Infomedia Pvt. Ltd. a subsidiary of Compucom Software Ltd.
- Strategic Investment in the form of 32,50,000 Equity Shares of Rs. 10/- at par aggregating to Rs. 3.25 Crores in CSL Infomedia Pvt. Ltd. an educational, T.V., Media & Entertainment Company.
This Investment resulted into making CSL Infomedia Pvt. Ltd. a subsidiary of Compucom Software Ltd.
Compucom Software Ltd: Financial Results for Dec 31, 2010
Compucom Software Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Usher Agro Ltd: Disclosures under Reg. 7(1) of SEBI (SAST) Regulations, 1997
AIWO Ltd has submitted the disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSERead More
Neyveli Lignite Corporation Ltd: Announces Q3 results
Neyveli Lignite Corporation Ltd has announced the following Unaudited results for the quarter ended December 31, 2010:
The Company has posted a net profit of Rs 960.70 million for the quarter ended December 31, 2010 as compared to Rs 3711.10 million for the quarter ended December 31, 2009. Total Income has decreased from Rs 13881.80 million for the quarter ended December 31, 2009 to Rs 10001.30 million for the quarter ended December 31, 2010.
Read More
The Company has posted a net profit of Rs 960.70 million for the quarter ended December 31, 2010 as compared to Rs 3711.10 million for the quarter ended December 31, 2009. Total Income has decreased from Rs 13881.80 million for the quarter ended December 31, 2009 to Rs 10001.30 million for the quarter ended December 31, 2010.
Read More
Pioneer Distilleries Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Pioneer Distilleries Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
Pioneer Distilleries Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997
Pioneer Distilleries Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More
Spentex Industries Ltd: Financial Results for Dec 31, 2010
Spentex Industries Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Karuturi Global Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Karuturi Global Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
Karuturi Global Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997
Karuturi Global Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More
TVS Motor Company Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
TVS Motor Company Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
Financial Technologies (India) Ltd: Announces Q3 results
Financial Technologies (India) Ltd has announced the following Unaudited results for the quarter ended December 31, 2010:
The Company has posted a net profit of Rs 787.875 million for the quarter ended December 31, 2010 as compared to Rs 617.507 million for the quarter ended December 31, 2009. Total Income has increased from Rs 1123.937 million for the quarter ended December 31, 2009 to Rs 1401.278 million for the quarter ended December 31, 2010.
Read More
The Company has posted a net profit of Rs 787.875 million for the quarter ended December 31, 2010 as compared to Rs 617.507 million for the quarter ended December 31, 2009. Total Income has increased from Rs 1123.937 million for the quarter ended December 31, 2009 to Rs 1401.278 million for the quarter ended December 31, 2010.
Read More
Adani Power Ltd: Clarifies on News item
With reference to the news item appearing in a leading financial daily dated January 26, 2011 titled "Adani Power plans $500-m FCCB by mid-Feb" and the consequent appearance of similar articles on various web portals, Adani Power Ltd has clarified to BSE that as of January 27, 2011, the Company have no plans of issuance of FCCB and neither the Company have mandated anyone to do so.
Videocon Industries Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997
Videocon Industries Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : January 27, 2011
Name of the Company : Videocon Industries Ltd
Total no of outstanding shares of the Company : 301,963,634*
Name of the Entity : Videocon Realty & Infrastructure Ltd
Details of Transaction
Date of Transaction : January 11, 2011
Number of Shares pledged / (Revoked) : (400,000)
Aggregate details after the transaction
Total no of shares held by the entity in the company : 36,511,995
Total No of shares pledged : 23,527,800
% of total shares pledged to total no of shares held by the entity in the Company : 64.44%
% of shares pledged to total no of outstanding shares of the Company : 7.79%
* includes 26,168 partly paid-up shares allotted on April 22, 2010 on Right Basis.Read More
Date of Reporting : January 27, 2011
Name of the Company : Videocon Industries Ltd
Total no of outstanding shares of the Company : 301,963,634*
Name of the Entity : Videocon Realty & Infrastructure Ltd
Details of Transaction
Date of Transaction : January 11, 2011
Number of Shares pledged / (Revoked) : (400,000)
Aggregate details after the transaction
Total no of shares held by the entity in the company : 36,511,995
Total No of shares pledged : 23,527,800
% of total shares pledged to total no of shares held by the entity in the Company : 64.44%
% of shares pledged to total no of outstanding shares of the Company : 7.79%
* includes 26,168 partly paid-up shares allotted on April 22, 2010 on Right Basis.Read More
Prism Informatics Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997
Prism Informatics Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : January 27, 2011
Name of the Company : Prism Informatics Ltd
Total no of outstanding shares of the Company : 1,43,94,200
Name of the Entity : Idhasoft Ltd
Details of Transaction
Date of Transaction : January 20, 2011
Number of Shares pledged: 5,00,000
Aggregate details after the transaction
Total no of shares held by the entity in the company : 23,50,493
Total No of shares pledged : 5,00,000
% of total shares pledged to total no of shares held by the entity in the Company : 21.27%
% of shares pledged to total no of outstanding shares of the Company : 3.47%Read More
Date of Reporting : January 27, 2011
Name of the Company : Prism Informatics Ltd
Total no of outstanding shares of the Company : 1,43,94,200
Name of the Entity : Idhasoft Ltd
Details of Transaction
Date of Transaction : January 20, 2011
Number of Shares pledged: 5,00,000
Aggregate details after the transaction
Total no of shares held by the entity in the company : 23,50,493
Total No of shares pledged : 5,00,000
% of total shares pledged to total no of shares held by the entity in the Company : 21.27%
% of shares pledged to total no of outstanding shares of the Company : 3.47%Read More
Zylog Systems Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997
Zylog Systems Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More
AGC Networks Ltd: Financial Results for Dec 31, 2010
AGC Networks Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More
Financial Technologies (India) Ltd: Results Press Release
Financial Technologies (India) Ltd has informed BSE regarding a Press Release dated January 27, 2011 titled "Financial Technologies (Standalone) total income from operations increased by 6% to Rs. 2,643 million (Y-o-Y) for the 9 months ended December 31, 2010"Read More
Financial Technologies (India) Ltd: Board declares Third Interim Dividend
Financial Technologies (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 27, 2011, inter alia, have declared Third Interim Dividend of Rs. 2/- per equity share of face value Rs. 2/- each (i.e. @ 100%) on equity share capital of the Company.
Ester Industries Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Ester Industries Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
Financial Technologies (India) Ltd: Fixes Record Date for Third Interim Dividend
Financial Technologies (India) Ltd has informed BSE that February 08, 2011 has been fixed as the Record Date for the purpose of payment of third interim dividend.
Religare Mutual Fund - Religare Gold Exchange Traded Fund: Declaration of NAV
Religare Mutual Fund - Religare Gold Exchange Traded Fund has informed BSE regarding Net Asset Value (NAV) of Religare FMPs & ETFs.Read More
Ester Industries Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Ester Industries Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
VIP Industries Ltd: Result Press Release
VIP Industries Ltd has informed BSE regarding a Press Release dated January 27, 2011 titled "V.I.P. Industries Ltd continues strong sales and profit growth in third quarter".
Read More
Read More
Shree Renuka Sugars Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Shree Renuka Sugars Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More
HDFC Mutual Fund - HDFC Gold Exchange Traded Fund: Declaration of NAV
HDFC Mutual Fund - HDFC Gold Exchange Traded Fund has informed BSE regarding NAV.Read More
**[investwise]** Rise and Demise of Small Businesses
here the lastest news: KnowledgeCapsule.in Rise and Demise of Small Businesses There are small ones and there are large ones, some come into existence and survive while others perish in a matter of small time, some are taken over by the bigger fish in the pond and some swim alone facing the tides of competition. The handling of commerce in [...]
Hedging is basically a position acquired by one to offset the exposure to price fluctuation and thus, reduce the risk involved. Futures contracts are the most commonly used instruments for hedging. Futures are standardized contracts between two parties for the future delivery of a specified asset (specified quality and quantity) at a price which is [...]
Last year, India introduced a symbol for the Indian National Rupee (INR) amidst a lot of criticism and praise. Not only did the new symbol give our currency a new meaning and essence but also added it to the series of globally recognised currencies. INR today shares space with currencies like dollar, pound, yen, euro [...]
What is ECGC? Acronym of – Export Credit Guarantee Corporation of India Limited An export promotion organization in India. Established in the year 1957 by the Government of India to strengthen the export promotion drive by covering the risk of exporting on credit. Functions under – The administrative control of the Ministry of Commerce & [...]
MUMBAI: State Bank of India (SBI) has asked Vodafone for cash and cash equivalent against guarantee sought by the telecom company for depositing with the Supreme Court in its case against the income-tax department. The country's largest lender has also said that it is not in favour of a counter guarantee from foreign banks as [...]
Meaning Ministry of Corporate Affairs (MCA) has decided to introduce a Scheme namely, "Easy Exit Scheme, 2011″ under Section 560 of the Companies Act, 1956. To give an opportunity to the defunct companies, for getting their names struck off from the Register of Companies. A large number of companies availed this scheme. However, on huge demands [...]
560. Power of Registrar to strike defunct company off register. (1) Where the Registrar has reasonable cause to believe that a company is not carrying on business or in operation, he shall send to the company by post a letter inquiring whether the company is carrying on business or in operation. (2) If the Registrar [...]
– A digital signature (not to be confused with a digital certificate) is an electronic signature that can be used to authenticate the identity of the sender of a message or the signer of a document, and possibly to ensure that the original content of the message or document that has been sent is unchanged. Digital [...]
MEANING: A Carbon Credit is a generic term for any tradable certificate or permit representing the right to emit one tonne of carbon or carbon dioxide equivalent. BACKGROUND: The reasons for the emergence of "Carbon Credits" lies in the increasing awareness among nations of the climate changes in the recent years. In a simple manner we [...]
WHAT IS FCPA? The Foreign Corrupt Practices Act of 1977 (FCPA) is a United States federal law known primarily for two of its main provisions, one that addresses accounting transparency requirements under the Securities Exchange Act of 1934 and another concerning bribery of officials. The Foreign Corrupt Practices Act (FCPA) was signed into law by President Jimmy Carter on December [...]
It is a valuation method for various securities in the books of account of a business entity. According to this method, the security portfolio of the entity is linked to market prices. From a bank's perspective, the regulator prescribes the percentage of portfolio that can be 'mark-to-market'. 'Mark-to-market' norms came into existence after the financial [...]
The geopolitical nature of climate change has focused on institutional arrangements to dilute commitments of developed countries in three different tracks. They are: Negotiations around the Kyoto Protocol saw developed countries shift the focus to flows from stocks of carbon with offsets reducing the costs of measures. Consequently, the total amount of surplus emissions credits, [...]
An Exchange Traded Fund is an index-based investment (or sometimes other underlying asset) whose performance is based on its correlating index. A fund that tracks an index, but can be traded like a stock. ETFs always bundle together the securities that are in an index. Investors can do just about anything with an ETF that [...]
LAST year, the government dismantled the administered price mechanism for petroleum products. It deregulated the price of petrol, but stopped short of doing the same in the case of diesel and cooking gas, saying higher prices of these fuels could hit the poorer sections of the society. The government continues to pay huge amounts as [...]
Citi – Citi Bang Bang Scam Sham Citibank is an international bank and is the banking arm of Citi group, a major financial service provider. It was founded in 1812 in New York, USA. But recently, Citi bank is catching a lot of lime light all thanks to its Gurgaon branch. In India, Citi bank, [...]
Roaming charges paid by one service provider to another are not liable for deduction of tax at source, according to a recent ruling by Income-tax Appellate Tribunal (ITAT), Mumbai. National roaming charge is a specific charge paid by a subscriber of a cellular network to gain access to services of any other network operator in [...]
The Indian economy has been surging at an 8.9% pace for the past three quarters, but top economists who have been interviewed, believe that the economy will slowdown in 2011. High inflation, fiscal deficit and current account deficits will constrain the economy. Finance minister Pranab Mukherjee has repeatedly asserted that India's 8.9% GDP record in [...]
Meaning of Credit Score/Rating A credit rating is a numerical expression based on a statistical analysis of a person's credit files, to represent the creditworthiness of that person. A credit rating is primarily based on credit report information typically sourced from credit bureaus . The credit report is based on a set of criteria that includes [...]
Treasury Stock A treasury stock or reacquired stock is stock which is bought back by the issuing company, reducing the amount of outstanding stock on the open market ("open market" including insiders' holdings). Stock repurchases are often used as a tax-efficient method to put cash into shareholders' hands, rather than paying dividends. Sometimes, companies do [...]
Lately, FITLs have gained a new place in the corporate world. So, let's take a look on what is a FITL, how did it emerge, what is its future, etc: Meaning: FITL is a kind of extension of the Existing Loan Period by extending another loan for the repayment of the existing loan (both principal [...]
The Reserve Bank of India released a technical paper on inflation-indexed bonds earlier this month for public comments. KC looks at the concept. What are bonds? Bonds are fixed income securities or financial instrument through which an investor loans money to an entity in return for a periodic interest payments (coupon) and repayment of the [...]
WikiLeaks is an international new media non-profit organization that publishes submissions of otherwise unavailable documents from anonymous news sources and leaks and other information to the public worldwide. Its website, launched in 2006, is run by The Sunshine Press. Its founder is Julian Assange. Within a year of its launch, the site claimed a database [...]
First let us see What is Anti Dumping Duty? The purpose of levying Anti-Dumping Duty on imported goods is to maintain a level playing field and prevent domestic industry from dumping of goods from outside market, while allowing healthy competition. Dumping is a well known method of UNFAIR COMPETITION which is adopted by foreign companies. [...]
Income tax department has directed it to get its accounts audited for assessment years 2002/03 and 2007/08. In August, Mahindra Satyam announced its first earnings results in nearly two years after a massive false accounting scandal that threatened its future. FY-10 total sales stood at Rs 5481 crore. The company suffered a loss of Rs [...]
194J. (1) Any person, not being an individual or a Hindu undivided family, who is responsible for paying to a resident any sum by way of— (a) fees for professional services, or (b) fees for technical services, shall, at the time of credit of such sum to the account of the payee or at the [...]
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http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
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NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
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http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************
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