Capital Account Convertibility

Nov 17, 2015 at 18:55 | Source: PTI
Tomatoes were sold at Rs 41 per kg a month ago which has jumped to Rs 62 per kg. The retail prices of onion in the national capital has come down to Rs 43 per kg from Rs 57 per kg on account of increase in supplies.
Nov 03, 2015 at 19:42 | Source:
SREI Infrastructure Finance's board meeting will be held on November 05, 2015, proposes to consider giving of a general authority for issuance of the following debt securities- Public issue of Secured/ Unsecured/ Sub Debt (Unsecured in the nature of Tier- II capital), Redeemable, Non-Convertible Debentures of face value of Rs. 1,000 each.
Nov 02, 2015 at 21:43 | Source:
Aryaman Capital Markets' board meeting will be held on November 10, 2015, to consider and approve the Unaudited Financial Results / Accounts of the Company for the half year ended on September 30,2015 to review the operations of the Company.
Oct 31, 2015 at 10:56 | Source:
Capital First has informed that the Debenture Committee constituted by the Board of Directors of the Company vide Resolution passed by Circulation on October 30, 2015 approved the allotment of Listed, Rated, Redeemable, Transferable, Unsecured, Non-Convertible Subordinated Debentures (Tier II).
Oct 29, 2015 at 14:42 | Source:
SP Capital Financing Ltd has informed BSE that a Board meeting has been scheduled to be held on October 31, 2015, inter alia, to consider the unaudited accounts of the Company for the half year and second quarter ended on September 30, 2015.
Oct 27, 2015 at 11:26 | Source: PTI
"REC plans to raise funds through Public Issue of Tax Free Secured Redeemable Non Convertible Bonds with Face Value of Rs 1,000 each for an amount of Rs 300 crore with an option to retain oversubscription of up to Rs 400 crore aggregating up to 700 crore in this tranche," the company said in a press release.
Oct 24, 2015 at 12:43 | Source:
Thomas Cook (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 24, 2015, has approved re-classification of the existing authorised share capital of the Company, subject to necessary approvals and approved issuance of Non Convertible Redeemable Preference Shares on private placement basis.
Oct 23, 2015 at 14:57 | Source:
Capital First Ltd has informed BSE that the Debenture Committee constituted by the Board of Directors of the Company vide Resolution passed by Circulation on October 23, 2015, inter alia approved the allotment of Listed, Rated, Secured, Redeemable, Non-Convertible Debentures.
Oct 13, 2015 at 17:34 | Source: PTI
The digital and smart platform is called the Income Tax Business Application-Permanent Account Number (ITBA-PAN) and is currently being put to final tests by a special team of tax sleuths and business software analysts at a facility in the national capital.
Oct 13, 2015 at 17:21 | Source: PTI
Industrial production (IIP) grew to a three-year high of 6.4 percent in August, up from 4.1 percent in July. The rise was mainly on account of a double digit growth in consumer durables and capital goods ahead of the festival season.
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Indian indices  

committee on capital account convertibility had to say in 1997 about the pre-conditions that must be met before abolishing capital controls : a gross fiscal deficit of 3.5 percent (by 1999-00), and an inflation rate of 3-5 percent for an average of at least three years, among other things. These targets

5.15 PM Sep 5th 2013


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Dear navin, RBI has voluminous regulations covering this subject matter (Capital Account Convertibility), and the best person to handle this is a practising Chartered Account, pls be guided by this professional`s advice alone. Regards

6.47 PM Dec 17th 2012

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Source:Bloomberg - China will make Qianhai, part of the Shenzhen economic zone, a test ground for freer yuan usage and capital account convertibility, the National Development and Reform Commission said today.

2.06 PM Jun 29th 2012

avin 57

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failed to appreciate that even for transactions outside the securities market, partial capital account convertibility complicates foreign exchange risks. Anti-money laundering initiatives such as KYC and the Basel Committee demands have required Banks to gear up their risk assessment. The above "no

10.15 AM Jun 23rd 2012

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Source:The Hindu BusinessLine - New Delhi, April 15: The Reserve Bank of India Governor, Dr D. Subbarao, has said that India will “gradually” move towards capital account convertibility only after preconditions like fiscal consolidation are met.“There is no evidence (the world over) that capital

1.02 PM Apr 16th 2012

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