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Archive: 09 February 2011

Posts in 09 February 2011

A special post for all of those who cleared CA IPCC Exam

February 9, 2011 15849 Views 1 comment Print

Many many congratulations to all of those who have cleared CA IPCC this time .This is a time of great celebration and hope everyone celebrating his grand success in this exam. Beyond this there is one more thing which you may missed out while being b

SEBI : Arbitration mechanism of stock exchanges-Applicability of provisions of Limitation Act, 1963

February 9, 2011 541 Views 0 comment Print

communicate to SEBI, the status of implementation of the provisions of this circular in the Monthly Development Reports to SEBI.

SEBI – Request for "Interpretive Letter" under the SEBI (Informal Guidance) Scheme, 2003 regarding acquisition of shares by promoters under regulations 11 (1) and 11 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (SAST

February 9, 2011 735 Views 0 comment Print

SEBI : Request for “Interpretive Letter” under the SEBI (Informal Guidance) Scheme, 2003 regarding acquisition of shares by promoters under regulations 11 (1) and 11 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (SAST Regulations). LETTER NO. CFD/DCR/IG/DMS/4479/11, DATED 7-2-2011 1. This has reference to your letter dated December 21, 2010 […]

SEBI Board meeting PRESS RELEASE NO. 24/2011, DATED 7-2-2011

February 9, 2011 216 Views 0 comment Print

SEBI Board meeting PRESS RELEASE NO. 24/2011, DATED 7-2-2011 The Board met today in Mumbai and took the following decisions: 1. ASBA facility mandatory for QIBs and NIIs: The ASBA facility shall be mandatory for non-retail investors (Qualified Institutional Buyers and Non-Institutional Investors) making applications in public/rights issues with effect from May 1, 2011. 2. […]

India taking steps to low sensitive lists for free trade

February 9, 2011 681 Views 0 comment Print

India today announced that it was taking steps to reduce the sensitive lists of items for free trade as it pitched for early ratification of a SAARC pact in Trade in Services and finalisation of an agreement on Promotion and Protection of Investments to give a fillip to intra-regional commerce.

CII for agriculture tax incentives in Budget 2011-12

February 9, 2011 333 Views 0 comment Print

Industry chamber CII today called for the government to provide tax incentives on agricultural activities in the forthcoming Budget to encourage private participation and adoption of new technologies in the sector.

Stop looking for sops; Mukherjee to exporters

February 9, 2011 273 Views 0 comment Print

Ahead of the Budget, Finance Minister Pranab Mukherjee today said exporters will have to “fight” their own battle and stop expecting fiscal incentives from the government.

Finance Minister Releases Report of Task Force on Transaction Cost in Exports

February 9, 2011 246 Views 0 comment Print

The Report of Task Force on Transaction Cost in Exports was released here today by the Finance Minister, Shri Pranab Mukherjee in the presence of Shri Anand Sharma, Minister of Commerce and Industry and Shri Jyotiraditya M Scindia, Minister of State

Report of Task Force on Transaction Cost in Exports – Highlights

February 9, 2011 249 Views 0 comment Print

The five major Regional Plant Quarantine Stations have been fully equipped to perform their function of preventing the introduction of any insect, fungus or other pest, which is or may be destructive to crops, to facilitate safe global trading in agr

General Circular No – 2/2011 – dated 08.02.2011 – Direction under Section 212(8) of the Companies Act, 1956

February 9, 2011 648 Views 0 comment Print

General Circular No: 2 /2011, dated 08.02.2011 Large number of Companies are approaching the Ministry for exemption under Section 212(8) of the Companies Act, 1956. In context of Globalizing Indian Economy, increased number of Subsidiaries and introduction of Accounting Standards on consolidated Financial Statements, Ministry decided to grant a general exemption provided certain conditions are fulfilled.

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