The BSE stock indices rose over 70 points in the early trade, extending gains on a long term sustainable trading by the retail individual investors despite of a stagnant and firming trend overseas. The Index gained over 70 points and the shares of power, realty, infrastructure, healthcare and metal sector were amongst the hot stocks… Read More
RBI/2014-15/234 A.P. (DIR Series) Circular No.31 September 17, 2014 To All Category - I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI Scheme against legitimate dues Attention of Authorised Dealers Category I (AD Category - I) banks is invited to the Foreign Exchange… Read More
IT & Technology contracts are subject to the same statutes and principles of common law as any other lawful contract. There are, however, several unique features of information technology contracts which have compelled the courts to give such contracts special legal consideration. This highly practical workshop will enhance your both technical and practical skills of… Read More
The MODI led BJP government at ruling which has the objective of restoration of growth and good governance has given very positive results after the completion of initial 100 days. The confidence amongst the investors has increased and hope that will go ahead in line with the implementation of objectives of the new government. Also,… Read More
RBI/2014-15/216 A.P. (DIR Series) Circular No.28 September 8, 2014 To All Category - I Authorised Dealer Banks Madam / Sir, Risk Management and Inter Bank Dealings: Hedging Facilities for Foreign Portfolio Investors (FPIs) Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated… Read More
Market ended with a long term high as foreign institutional investors infused a large amount of money over the past days and has led to a strong BSE index of sensex and nifty, The S&P BSE Sensex ended at all-time closing high of 27,319.85, up 293.15 points or 1.08 per cent. It touched all-time high… Read More
New Indian government's reforms agenda, foreign institutional investors have poured in nearly Rs 9,000 crore in the capital market in the first week of the month. Net investments by foreign investors in the equity segment was Rs 3,972 crore from September 1-5, while they infused a net amount of Rs 5,013 crore in the debt market during… Read More
The Reserve Bank of India has released, on its website,data on the performance of non-financial private Corporate Business Sector during 2013-14. The data compiled are based on the abridged financial results of 2,854 listed non-government non-financial (NGNF) companies. To enable comparison, similar data pertaining to 2012-13 are also presented. Coverage of… Read More
Preliminary data on India's balance of payments (BoP) for the first quarter (Q1), i.e., April-June, of the financial year 2014-15, 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 2014… Read More
India is one of the largest FDI destinations in the world. With the relaxation of foreign exchange restrictions, there has been a significant flow of investments into India. At the same time, Indian businesses have been making investments and acquisitions overseas. With the inbound and outbound investments rising, it is essential to understand the rules,… Read More
The amendments made in the SEBI Act enabling it to access the records has now given powers to SEBI to enforce insider trading charges. At the same time the powers has got enhanced to a greater extent including the right to search and seizure. "This (access to call records) was a very important requirement. There… Read More
Let us all have a look on the inevitable questions of today's country about the growth of the nation. The new government has come in, the budget is also out of the way. Do you think that the government is making the right noises and could we clock in above 5.5% growth in this fiscal?… Read More
Benchmark indices rallied 1 per cent each in trade on Monday to hit their respective fresh record highs, led by strong buying seen in frontline stocks such as ICICI Bank (BSE 3.54 %), ONGC (BSE 5.33 %), Tata Motors (BSE 3.98 %) and L&T. The S&P BSE Sensex rallied over 300 points to hit its… Read More