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 […]
Continue readingWhat is the ROC compliance for a Private Limited Company?
We have elaborated below some of the ROC Compliances for Private Limited Company has to comply: Receipt of MBP-1 As per Section 184(1) of Company Act 2013 Every Director of the Company in First Meeting of the Board of Director in each Financial Year will disclose his interest in other entities […]
Continue readingHow to Collect TDS & File Returns
What is TDS? TDS is simply Tax Deducted at Source. As per the Income Tax Act – persons responsible for making payments are required to deduct tax at source at prescribed rates. Instead of receiving tax on your income from you at a later date, the govt wants the payers […]
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IPO Note – Khadim Ltd by Ventura
Khadim India (Khadim), established in 1981 is one of the leading footwear brands in India, with a two-pronged focus on retail and distribution of footwear. Khadim is the second largest footwear retailer in India in terms of number of exclusive retail stores operating under the “Khadim’s” brand, with a large […]
Continue readingIPO Note – HDFC Standard Life Insurance Company Limited by Ventura
HDFC Standard Life Insurance Co Ltd was one of the most profitable life insurers, based on Value of New Business (VNB) margin, among the top five private life insurers in India (measured on total new business premium) in Fiscal 2016 and Fiscal 2017. Besides consistently being among the top three […]
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IPO note on Prataap Snacks Ltd by Ventura
22092017100753prataap snacks ipo Established in 2009, Indore-based Prataap Snacks (Prataap) is an Indian snack food company selling products under the brand name “Yellow Diamond”. Prataap Snacks has a diversified product portfolio including traditional and western snacks. Prataap manufactures and sells snacks under three major snack food categories: Extruded Snacks: Processed, […]
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IPO note on SBI Life Insurance by Ventura
SBI LIFE INSURANCE (SBIL) is India’s largest private life insurer, in terms of New Business Premium generated in each fiscal year, since Fiscal 2010. It was established as a joint venture between the State Bank and BNP Paribas Cardiff in 2001. Its brand, business reputation and customer satisfaction are critical […]
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IPO note on ICICI Lombard General Insurance by Ventura
Index Details ICICI Lombard General Insurance Company Ltd is the largest private sector non-life insurer in India based on the gross direct premium income in fiscal 2017, a position it has maintained since fiscal 2004 after being one of the first few private-sector companies to commence operations in the sector in […]
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Initiating coverage on Dixon Technologies (India) Limited
Dixon Technologies (India) Limited (DTIL) is a fully integrated end-to-end product and solution suite provider to Original Equipment Manufacturers (OEMs). Their offerings to OEMs range from Global Sourcing, Manufacturing, Quality Testing and Packaging to Logistics. They are also a leading Original Design Manufacturer (ODM) of lighting products, LED TVs and […]
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Initiating coverage on Sintex Plastics Technology Ltd
07082017195814Initiating coverage on Sintex Plastics Albeit the revenues of Sintex Plastics Technology (SPTL) have de-grown in FY17 (due to demonetization and uncertainty over GST), we believe that the company will revert to its growth trajectory considering the strong revival in various capex programs & adoption of welfare schemes by the […]
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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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Initiating coverage on Cochin Shipyard Ltd by Ventura
Cochin Shipyard Ltd (CSL) is India’s leading PSU shipyard that has reported strong revenue growth despite the poor performance of the ship building industry, not only globally but also in the domestic market. The primary drivers of revenue growth are the strong order flows from the defense sector (64% of […]
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Top Packaging Companies in India
Top Packaging Companies in India Here is a list of top 10 packaging companies in India ; these are the best companies manufacturing various packaging products such as carton, foil, film, container, drums and product packaging etc. Ranking process of these top packaging industry in India is frequently being updated […]
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List of Top Commodity Exchanges in The World
List of Top Commodity Exchanges in The World 1) Chicago Board of Trade (CBOT): This commodity exchange was established in 1848. It trades in financial and agricultural contracts. Originally this exchange only traded agricultural commodities such as corn, soybeans and wheat. Now, it offers futures and options contracts on a […]
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List of Top Solar Companies in India
List of Top Solar Companies in India Ammini Andromeda Energy Technologies Pvt. Ltd Azure Power Bharat Heavy Electricals Ltd Central Electronics Ltd Chemtrols Solar Pvt Ltd Emmvee Solar Systems Pvt Ltd Euro Multivision Ltd HHV Solar Technologies Pvt. Ltd Icomm Tele Ltd Indosolar Ltd Jupiter Solar Power Ltd Kotak Urja […]
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