The document provides updates on Indian laws, the RBI's scrutiny of unauthorised NBFC operations, and potential declaration of wilful defaulters. It also includes the daily Sensex and Nifty numbers, gold and crude oil prices, and currency exchange rates. The document is dated August 13, 2014 and contains contact information for CS Rajiv Bajaj.

1. www.csrajivbajaj.com
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THOUGHT OF THE DAY
“It always seems impossible until it’s
done.”
Law Updates:
 Government of India Ministry of Corporate Affairs File No.02/13/2014
CL-V Announcement of Company Law Settlement Scheme (CLSS),2014
One Time Opportunity for Defaulting Companies and its Directors.
 RBI/2014-15/174 DNBS.CC.PD.No. 405/03.10.01/2014-15Appointment
of Non-Deposit Accepting NBFCs with asset size of `.100 crore and above
as sub - agents under Money Transfer Service Schemes (MTSS)
 RBI/2014-15/173 DNBS.CC.PD.No.406/03.10.01/2014-15All Non-
Deposit Accepting Non-Banking Financial Companies with asset size
of `.1000 crore and above Interest Rate Futures – NBFCs
PROFESSIONALS INPUTS:
 Over 34,000 companies under RBI scanner for illegal NBFC operations:
The Reserve Bank is looking into particulars of more than 34,000 firms
allegedly running businesses on lines of Non-Banking Financial
Companies (NBFC) without authorisation from the banking sector
regulator, the government said today.The list of these companies was
shared by the Ministry of Corporate Affairs with the RBI.
 Three major PSU banks SBI, PNB and IDBI may soon initiate the process
to declare Kingfisher Airlines and others as wilful defaulters after the firms
failed to service their debt, sources said.
MARKET WATCH:
SENSEX: 25893.56 12.75 NIFTY: 7731.50 4.15
SILVER:43743.00 0.07 GOLD (MCX): 28611.00 -22.00
USD/INR: 61.16 .02 CRUDE OIL: 5955.00 0.43
CS Rajiv Bajaj
9811453353
Bajajr66@gmail.com
youtube.com/csrajivbajaj
https://www.facebook.com/Rajiv
1Bajaj
http://www.csrajivbajaj.com
Date: 13th August 2014

2. www.csrajivbajaj.com
ANIL AMBANI
Indian Billionaire Anil Ambani is the Chairman of The Anil Dhirubhai Ambani Group or ADAG.
He arrives at his office in ahelicopter and works 12 hours a day. He is marathon runner and
likes go jogging every morning to keep him self super fit. He is a vegetarian and does not
drink or smoke. He is anoptimist and is known for his aggressive style of business. Anil
Ambani has become a role model for the youngsters inIndia.
According to the Forbes’ he is the 6th richest man in the world and the 3rd richest Indian,
with a net worth of $ 42 billion. He was the year’s biggest gainer as his net
worth increasedby $23.8 billion.
Anil Ambani was born on June 4, year 1959. He graduated from the University of Mumbai.
He did his MBA from the Wharton Business School, University of Pennsylvania in the US.
In 1983, Anil Ambani joined Reliance. He took the position of the Co-Chief Executive Officer.
He managed the fund raising and marketing activities. Anil Ambani was in fact the man
behind many innovations in the field of Indian finance.
Anil Ambani started The Anil Dhirubhai Ambani Group or ADAGin 2005, after the Business
Empire got split between theAmbani Brothers.
The market capitalization of ADAG is around $ 75 billion. Anil Ambani’s business
interests include financial services, communications, entertainment, energy, power, and
health care.
Anil Ambani’s Reliance communications is one of the largest telecommunications company
in India. Anil Ambani has around 66% stake in Reliance communications.
Reliance communications was considering a merger deal with South African Telecom
Company MTN. The deal however wascalled off. The deal could have created $70 billion
Telecom Company.
We can recall that Anil Ambani’s Company Reliance power had an IPO in Jan 2008.The IPO
was over subscribed 9 times and was the largest in India. The IPO raised $ 3 billion.
Anil Ambani’s Reliance Big Entertainment or RBE has signed deals with leading production
houses in Hollywood. The value of the movies will be worth $1 billion.
Reliance Big Entertainment or RBE entered into a deal withAmitabh Bachchan and family.
The worth of the deal was Rs 1500 crore.
Reliance Big Entertainment or RBE is in talks with Steven Spielberg for a possible Joint
venture deal where Reliance Big Entertainment or RBE will invest $600 million in Spielberg’s
DreamWorks.