Capital Account Convertibility

Aug 14, 2014 at 15:45 | Source:
Tirupati Industries India at its meeting held on August 14, 2014, has approved to constitute a committee comprising of any three Directors to consider further issue of capital through equity shares / convertible warrants on preferential basis to promoter group and/or potential investors.
Aug 12, 2014 at 16:25 | Source: PTI
SAIL, however, said as part of its modernisation and expansion plan/other capital schemes in RSP, the assets have been capitalised after installation, trial run, removal of all defects, issue of acceptance certificate and having become ready for commercial production during 2013-14.
Aug 09, 2014 at 10:08 | Source: PTI
The Sebi order against Bharatiya Global Infomedia, Rakesh Bhatia (Chairman and Managing Director), Sanjeev Kumar Mittal (Executive Director) and Rajeev Kumar Agarwal (Manager, Finance) would come into effect immediately. It will take into account the prohibition already undergone by them.
Aug 07, 2014 at 13:20 | Source:
SMIFS Capital Markets at its meeting held on August 06, 2014, has appointed Mr. Shreemanta Banerjee, Chartered Accountant, as Chief Financial Officer (CFO) of the Company with effect from August 13, 2014.
Aug 04, 2014 at 12:35 | Source:
Astec Lifesciences has board meeting will be held on August 09, 2014, to transact the following business: 1. To consider and approve the Unaudited Financial accounts for the Quarter ended June 30, 2014, after these accounts are reviewed by Audit Committee. 2. To Increase the Authorised Capital of the Company.
Aug 03, 2014 at 18:32 | Source: PTI
The company is setting up a Rs 850-crore integrated township spread across 217.90 acres of land on Solapur road near Pune, which will be partly financed through proposed Rs 200-crore NCD issue, a company statement said today.
Aug 01, 2014 at 18:11 | Source:
D S Kulkarni Developers a Pune based real estate development and construction company is going to open its NCD issue on August 04 which will close on August 26, 2014.
Jul 25, 2014 at 13:09 | Source: CNBC-TV18
Punjab National Bank reported a jump of jumped 10.2 percent in its first quarter net profit to Rs 1,405 crore on account of fall in provisions on a year-on-year basis. But the decline in other income limited the profitability.
Jul 24, 2014 at 16:38 | Source:
D S Kulkarni Developers a Pune based real estate development and construction company has planned to raise money via its NCD issue.
Jul 22, 2014 at 15:19 | Source:
It is the accounting value of a firm and is the total value of the company's assets that shareholders would theoretically receive if a company were liquidated. The Book Value is simply the companys assets minus its liabilities.
Messages on Capital Account Convertibility »


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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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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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Jan 11, 2014 at 16:52 | Source: The Hindu BusinessLine
Nov 16, 2013 at 05:22 | Source: Economic Times
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