eMinds Legal Advocates & Solicitors
eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.
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External Commercial Borrowings (ECB) Policy ” Review of all-in-cost ceiling
RBI/2013-14/303 A.P. (DIR Series) Circular No. 58 September 30, 2013 To, All Authorized Dealer Category - I Banks Madam / Sir External Commercial Borrowings (ECB) Policy ” Review of all-in-cost ceiling Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No. 11 dated July 11, 2013 relating to the all-in-cost ceiling… Read More
External Commercial Borrowings (ECB) Policy Refinancing / Rescheduling of ECB
RBI/2013-14/304 A.P. (DIR Series) Circular No 59 September 30, 2013 To, All Authorised Dealer Category - I Banks Madam / Sir External Commercial Borrowings (ECB) Policy Refinancing / Rescheduling of ECB Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A. P. (DIR Series) Circular No. 5 dated August 01, 2005 and A.P. (DIR Series) Circular… Read More
Performance Audit of Agricultural Debt Waiver & Debt Relief Scheme, 2008 by CAG & Re-verification Exercise by Banks
RBI/2013-14/299 UBD.BPD.(PCB)CIR No. 22 /13.05.006/2013-14 September 30, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Performance Audit of Agricultural Debt Waiver & Debt Relief Scheme (ADWDRS), 2008 by CAG & Re-verification Exercise by the banks Please refer to our Circular UBD.BPD. (PCB) Cir. No.40/13.05.006/2012-13 dated March 7, 2013, in terms of… Read More
Trade Credits for Imports into India Review of all-in-cost ceiling
RBI/2013-14/301 A. P. (DIR Series) Circular No. 56 September 30, 2013 To, All Authorised Dealer Category - I Banks Madam / Sir Trade Credits for Imports into India Review of all-in-cost ceiling Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the A.P. (DIR Series) Circular No. 9 dated July 11, 2013 relating to all-in-cost… Read More
Due-Date for Filing Returns of Income in Cases of Income Tax Assessees in Gujarat Extended upto 14th October 2013
On consideration of reports of dislocation of general life caused due to recent heavy rains and floods in the State of Gujarat, the Central Board of Direct Taxes (CBDT) has extended the ˜due-date™ for filing Returns of Income from 30th September, 2013 to 14th October, 2013, in cases of Income Tax assessees in the State… Read More
Developments in India™s Balance of Payments during the First Quarter (April-June) of 2013-14
Preliminary data on India™s balance of payments (BoP) for the first quarter (Q1), i.e., April-June 2013, of the financial year 2013-14, are now available and presented in Statements I and II. While Statement I presents BoP data in BPM6 format, Statement II provides the same as per the old format. Developments in India™s BoP during April-June 2013 India™s current account… Read More
A Profile of Banks: 2012-13
The Reserve Bank of India released on its website A Profile of Banks: 2012-13. The publication, ninth volume in the series, provides bank-wise and bank group-wise information on important performance indicators of all scheduled commercial banks excluding regional rural banks, for the period 2008-09 to 2012-13. The publication covers 21 important indicators, including return on… Read More
Performance of the Private Corporate Business Sector during First Quarter of 2013-14 Data Release
The Reserve Bank of India today released, on its website, the data on the performance of non-financial private corporate business sector during first quarter of 2013-14 (April-June 2013). The data compiled are based on the abridged financial results of 2,768 listed non-government non-financial (NGNF) companies. To enable comparison, similar data pertaining to Q4:2012-13 and Q1:2012-13 are also… Read More
National Institute of Bank Management Conclave on Implications of New Bank Licences
(Inaugural address by Shri B. Mahapatra, Executive Director, Reserve Bank of India (RBI) at the PG Students™ Conclave on Implications of New Bank Licences at the National Institute of Bank Management, Pune on September 28, 2013) I have great pleasure and privilege in associating myself with the conclave of the Post Graduate Students of National… Read More
India-US Joint Declaration on Defence Cooperation
India-United States defence cooperation and engagement has increased significantly over the past decade, in step with the overall deepening of India-US relations. We continue to work towards achieving the full vision of expanded defence cooperation set forth in the 2005 New Framework Agreement. In this context, India and the United States endorse the following general… Read More
Unlisted Indian Companies Allowed on A Pilot Basis to List and Raise Capital abroad
At present, unlisted companies that are incorporated in India are not allowed to directly list in overseas markets without prior or simultaneous listing in Indian markets. It has now been decided with the approval of the Union Finance Minister that unlisted companies may be allowed to raise capital abroad without the requirement of prior or… Read More
Fifteen FDI Proposals Approved by Government
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on August 27, 2013, the Central Government has approved 15 proposals of Foreign Direct Investment (FDI) amounting to Rs. 2000.49 crore approximately. In addition, two proposals viz., M/s IDFC Trustee Company Ltd., as proposed Trustee for India Infrastructure Fund II, Mumbai and… Read More
State Food Ministers meet to discuss implementation of National Food Security Act
The Center has convened State / UTs Food Ministers meet on Oct 1, 2013, to discuss implementation of National Food security Act which got accent of the President of India on September, 12, 2013 after having the nod of parliament. Prior to the meet, State Food Secretaries will meet on Sept 30, 2013 to set… Read More
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