Clarification on Company’s Director Reimbursement and Role? 1. How many directors may get reimbursement from the Company? Ans:- There is no restriction all directors can get reimbursement 2. Do the Director need to submit proof and how? Ans:- Yes, through vouchers,bills,letters 3. Director of the company can also work as […]
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Future Enterprises gains after re-affirmation of credit rating
Source: business-standard.com Future Enterprises (FEL) rose 3.57% to Rs 26.1 after credit rating agency, Acuite Ratings & Research, reaffirmed its ACUITE A1+ rating on commercial paper of the company. On the BSE, 2000 shares were traded in the counter so far compared with average daily volumes of 40025 shares in […]
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Future Retail may advance as Amazon to acquire stake
Source: business-standard.com Shares of Future Retail will be watched. Amazon has agreed to make an equity investment in Future Coupons Limited for acquiring a 49% stake comprising both, voting and non-voting shares. Kishore Biyani on behalf of the existing shareholders forming part of the promoter group and Future Coupons Limited […]
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Only 3 Days Left To Cash In On Public Joint Stock Company Gazprom (MCX:GAZP) Dividend
Source: finance.yahoo.com Public Joint Stock Company Gazprom (MCX:GAZP) stock is about to trade ex-dividend in 3 days time. If you purchase the stock on or after the 17th of July, you won’t be eligible to receive this dividend, when it is paid on the 1st of January. Gazprom’s upcoming dividend is […]
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Is Public Joint Stock Company ALROSA’s (MCX:ALRS) ROE Of 30% Impressive?
Source:- simplywall.st One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. By way of learning-by-doing, we’ll look at ROE to gain […]
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Ashok Leyland sales dip 4 per cent to 13,172 units in May
Source:- timesnownews.com New Delhi: Hinduja Group flagship firm Ashok Leyland Monday reported a four per cent decline in total sales to 13,172 units in May. The company had sold 13,659 units during the corresponding month last year, Ashok Leyland said in a statement. Sales of medium and heavy commercial vehicles […]
Continue readingComply the mandatory compliance for your Company
Comply the mandatory compliance for your Company with the provisions of Companies Act, 2013 Appointment of First Auditor. Preparing and printing Share certificates Quarterly Compliance (After Every 90 Days) Holding the Board Meeting Drafting the notice of Board Meeting Preparing minutes thereof Preparation of attendance sheets of the board meetings, […]
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As per section 139(6) of Companies Act 2013, Private Limited company has to appoint its first auditor within 30 days from the date of incorporation in a board meeting. If the board of directors are not able to appoint then it has to be appointed within 90 days in a general meeting of members. First auditor […]
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India’s top 10 drone startups
The Indian drone market is a burgeoning one, despite some restrictive legislation and rules concerning UAS in the country. India has need of drones for fast surveying and mapping of infrastructure and agriculture, and is both purchasing from foreign nations and developing UAS locally for use in the defence industry. […]
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List of Fake companies – Must be avoided
List of Fake companies – Must be avoided Source – http://www.firstpost.com/business/shell-companies-analysis-of-69-in-sebi-list-shows-10-firms-have-nil-sales-one-gave-338-return-3910121.html The Securities and Exchange Board of India (Sebi) on 7 August 2017 forwarded a list of 331 suspected shell companies to the stock exchanges directing them to take corrective actions. Accordingly, the Bombay Stock Exchange (BSE) on 8 August […]
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