Capital Account Convertibility

Jun 21, 2015 at 14:05 | Source: PTI
With both and retail institutional demand struggling to grow, the fiscal is likely to be a "tough year" for the north Indian cement market, which accounted for 31 percent of the country's consumption in 2014-15, a report said.
Jun 12, 2015 at 20:33 | Source: PTI
The decision was taken in consultation with Reserve Bank of India after taking into account feedback from market participants and exchanges. "It has been decided to permit stock exchanges to introduce cash settled IRFs on 6 year and 13 year government of India security," Securities and Exchange Board of India (Sebi) said in a circular.
Jun 09, 2015 at 22:00 | Source: Reuters
Prime Minister Narendra Modi's cabinet will soon consider the deal which would also require raising the authorised capital of the subsidiary ONGC Videsh (OVL) by half to 150 billion rupees, said three sources aware of the matter.
Jun 02, 2015 at 15:13 | Source:
Skypak Service Specialists has re-considered the reduction of capital of the Company on the recommendation of the Audit Committee under the availability of the Audited Accounts as on March 31, 2015.
Jun 02, 2015 at 12:31 | Source:
Leading indicators of services sector activity are emitting mixed signals.Slowdown in tourist arrivals, railway traffic and international air passenger and freight traffic could affect hotels, restaurants and transport firms
May 22, 2015 at 15:04 | Source:
Capital Trust at its meeting held on May 22, 2015, took note of allotment of 75,00,000 warrants convertible into equity shares of Rs 10 each, at a price of Rs 117 per warrant to the promoter, Mr. Yogen Khosla, on preferential basis in terms of Clause 24(a) of the Listing Agreement.
May 19, 2015 at 22:46 | Source:
Capital Trust's board meeting will be held on May 22, 2015, to allot warrants convertible into equity shares to Mr. Yogen Khosla, promoter on preferential basis in terms of Clause 24(a) of the Listing Agreement.
May 18, 2015 at 13:53 | Source: Reuters
Padmanabhan, who is set to retire from the central bank this month, added India could not afford to remain isolated from global financial systems with existing caps on capital account transactions.
May 13, 2015 at 11:27 | Source:
Ashirwad Capital Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2015, to approve and adopt the Audited Accounts for the Financial Year ended March 31, 2015 and to consider recommendation for Dividend on Equity Shares to the Members of the Company.
May 03, 2015 at 16:33 | Source: PTI
As many as 500 cases have come under the scanner of revenue intelligence agencies and capital markets regulator Sebi for raising a whopping Rs 2 lakh crore illegally in the guise of non-convertible debentures and private placements.
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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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Tax Planning & Help  

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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News Now  

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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Bank of India  

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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