The newsletter provides updates on SEBI, RBI, tax law, and historical events from August 2nd, 2014. SEBI signed an MoU with EU securities regulators concerning cooperation on supervision of alternative investment fund managers. RBI issued circulars on know your customer norms, anti-money laundering standards, and combating financing of terrorism. On that date in 1989, NASA confirmed Voyager 2's discovery of 3 additional moons of Neptune. Market indexes such as Sensex and Nifty closed lower while gold and crude oil futures also declined for the day.
The document is a newsletter containing various economic, corporate law, and market updates. It discusses that the Security Appellate Tribunal adjourned a hearing in an insider trading case involving Reliance Industries. It also notes that RBI has asked FIMMDA and FEDAI to administer Indian rupee interest rate and foreign exchange benchmarks. Additionally, it provides details about the new Companies Act requirement that certain classes of companies must have at least one woman director, including listed companies and large public companies. These companies must comply within 6 months of incorporation or fill any vacancy within 3 months.
The document summarizes various news items from the weekly news. It reports that the allotment of 3G bandwidths started in India on September 1st 2010, with major telecom operators receiving spectrum in different circles. It also mentions Wipro and Maruti's performance and expansion plans of Axis Bank, HPCL, and Punjab National Bank into new geographies.
The newsletter provides updates on various companies and market trends:
- IDBI Bank has started proceedings to declare Kingfisher Airlines a "willful defaulter" as it owes IDBI Rs 750 crore.
- The government has asked SEBI to allow relaxations for follow-on public offerings.
- After over 50 years together with cross-holdings, the Bajaj group is parting ways with the Firodias by selling most of its shares in Force Motors.
- Telecom Consultants India will appoint SBI Caps to chart its exit from Bharti Hexacom as part of efforts to boost cash flows.
Forced merger of nsel ftil will corrode investors’ surenessPurab Gandhi
The document discusses a proposed forced merger between the National Spot Exchange (NSEL) and Financial Technologies India Ltd (FTIL) ordered by the Ministry of Corporate Affairs of India (MCA) to resolve an alleged payment crisis at NSEL. The summary argues that the merger will erode investor confidence, sets a poor precedent for India's corporate landscape, and ignores FTIL shareholders' interests. It questions why only FTIL is being targeted under Section 396 instead of also pursuing brokers and defaulters linked to the non-payment. The document concludes that the commodities regulator should take action against other responsible parties instead of solely focusing on FTIL.
This document discusses several cases of vanishing companies in India during the 1990s. Over 122 companies vanished after their initial public offerings, failing to file required returns or maintain business operations. Most notorious were over 7,000 plantation companies, many located in Maharashtra and West Bengal, that raised funds from investors but did not properly manage teak plantations as promised. Regulators lacked supervision at the time. The document examines reasons for companies vanishing and lessons for preventing such cases in the future.
5. AL QAHTANI PIPE COATING TERMINAL V. MINERAL SALES.pdfKrishnaKG4
This document summarizes a court case between Al-qahtani Pipe Coating Terminal and Minerals Sales regarding the removal of plant and machinery from a factory site. Key points:
- Al-qahtani had leased plant and machinery to Otoklin Plant and Equipment Ltd. which later went into liquidation.
- A court order established Al-qahtani's ownership of the plant and machinery and directed the Official Liquidator to return it.
- However, when Al-qahtani went to retrieve the plant and machinery in December 2003, over 70% was missing and the remaining parts were damaged.
Kingfisher Airlines owes Rs 245 crore to Bharat Petroleum for aviation fuel purchases. While BPCL has stopped extending credit to Kingfisher, the airline has stopped buying fuel from BPCL. BPCL has expanded its aviation fuel outlets to 30 airports across India.
Hyundai plans to tweak its Indian operations to increase manufacturing capacity and raise its market share in India to 22% of total car sales.
Approximately 40,000 trees in Delhi have been cut down or transplanted to prepare for the 2010 Commonwealth Games, causing loss of green cover that compensatory planting will not replace.
The monsoon season in India is expected to withdraw after September 25, with rainfall decreasing across the country, especially
The newsletter provides updates on SEBI, RBI, tax law, and historical events from August 2nd, 2014. SEBI signed an MoU with EU securities regulators concerning cooperation on supervision of alternative investment fund managers. RBI issued circulars on know your customer norms, anti-money laundering standards, and combating financing of terrorism. On that date in 1989, NASA confirmed Voyager 2's discovery of 3 additional moons of Neptune. Market indexes such as Sensex and Nifty closed lower while gold and crude oil futures also declined for the day.
The document is a newsletter containing various economic, corporate law, and market updates. It discusses that the Security Appellate Tribunal adjourned a hearing in an insider trading case involving Reliance Industries. It also notes that RBI has asked FIMMDA and FEDAI to administer Indian rupee interest rate and foreign exchange benchmarks. Additionally, it provides details about the new Companies Act requirement that certain classes of companies must have at least one woman director, including listed companies and large public companies. These companies must comply within 6 months of incorporation or fill any vacancy within 3 months.
The document summarizes various news items from the weekly news. It reports that the allotment of 3G bandwidths started in India on September 1st 2010, with major telecom operators receiving spectrum in different circles. It also mentions Wipro and Maruti's performance and expansion plans of Axis Bank, HPCL, and Punjab National Bank into new geographies.
The newsletter provides updates on various companies and market trends:
- IDBI Bank has started proceedings to declare Kingfisher Airlines a "willful defaulter" as it owes IDBI Rs 750 crore.
- The government has asked SEBI to allow relaxations for follow-on public offerings.
- After over 50 years together with cross-holdings, the Bajaj group is parting ways with the Firodias by selling most of its shares in Force Motors.
- Telecom Consultants India will appoint SBI Caps to chart its exit from Bharti Hexacom as part of efforts to boost cash flows.
Forced merger of nsel ftil will corrode investors’ surenessPurab Gandhi
The document discusses a proposed forced merger between the National Spot Exchange (NSEL) and Financial Technologies India Ltd (FTIL) ordered by the Ministry of Corporate Affairs of India (MCA) to resolve an alleged payment crisis at NSEL. The summary argues that the merger will erode investor confidence, sets a poor precedent for India's corporate landscape, and ignores FTIL shareholders' interests. It questions why only FTIL is being targeted under Section 396 instead of also pursuing brokers and defaulters linked to the non-payment. The document concludes that the commodities regulator should take action against other responsible parties instead of solely focusing on FTIL.
This document discusses several cases of vanishing companies in India during the 1990s. Over 122 companies vanished after their initial public offerings, failing to file required returns or maintain business operations. Most notorious were over 7,000 plantation companies, many located in Maharashtra and West Bengal, that raised funds from investors but did not properly manage teak plantations as promised. Regulators lacked supervision at the time. The document examines reasons for companies vanishing and lessons for preventing such cases in the future.
5. AL QAHTANI PIPE COATING TERMINAL V. MINERAL SALES.pdfKrishnaKG4
This document summarizes a court case between Al-qahtani Pipe Coating Terminal and Minerals Sales regarding the removal of plant and machinery from a factory site. Key points:
- Al-qahtani had leased plant and machinery to Otoklin Plant and Equipment Ltd. which later went into liquidation.
- A court order established Al-qahtani's ownership of the plant and machinery and directed the Official Liquidator to return it.
- However, when Al-qahtani went to retrieve the plant and machinery in December 2003, over 70% was missing and the remaining parts were damaged.
Kingfisher Airlines owes Rs 245 crore to Bharat Petroleum for aviation fuel purchases. While BPCL has stopped extending credit to Kingfisher, the airline has stopped buying fuel from BPCL. BPCL has expanded its aviation fuel outlets to 30 airports across India.
Hyundai plans to tweak its Indian operations to increase manufacturing capacity and raise its market share in India to 22% of total car sales.
Approximately 40,000 trees in Delhi have been cut down or transplanted to prepare for the 2010 Commonwealth Games, causing loss of green cover that compensatory planting will not replace.
The monsoon season in India is expected to withdraw after September 25, with rainfall decreasing across the country, especially
Companies Act 2013 and the draft Rules towards better corporate GovernanceNeha Sharma
The Companies Act 2013 has already been passed by the Parliament and has also received the assent of the President. The government is expected to announce the date from which the specific section of the new Act will come in force.
The document summarizes the first case of compulsory licensing granted in India, between Bayer and Natco Pharmaceuticals regarding the drug Nexavar. The Controller of Patents granted the license to Natco after determining that Bayer's drug was not reasonably affordable in India. Some key points:
- Bayer's Nexavar treatment cost over $2,000/month while Natco's generic version cost $88/month.
- Bayer had not manufactured the drug in India or made it widely available.
- The license allows Natco to produce a generic version at a significantly lower cost, while still paying a 6% royalty to Bayer.
NCLT order on Directors' Report was signed by only one director instead of tw...GAURAV KR SHARMA
1. The petitioner company filed a compounding application for non-compliance with Section 217(4) of the Companies Act, 1956 regarding signing of the Board Report.
2. The ROC found that the Board Report was signed by only one director, whereas the provision requires it to be signed by at least two directors.
3. The petitioner stated this was an unintentional omission. The Tribunal imposed a fine of Rs. 10,000 each on the three directors totaling Rs. 30,000 to compound the offense, subject to payment within 30 days.
Investments by FPIs in REITs, InvIts, AIFs and corporate bonds under default.GAURAV KR SHARMA
1. SEBI permits FPIs to invest in units of REITs, InvIts, and Category III AIFs under the SEBI (FPI) Regulations, 2014, subject to terms set by SEBI.
2. RBI allows FPIs to acquire corporate bonds that have defaulted on principal or interest payments, as long as they have a minimum revised maturity of 3 years.
3. All FPI investments in defaulted corporate bonds will count against the existing corporate debt limit of INR 244,323 crore and are subject to other terms for FPI investments in corporate debt.
Indian Perspective on Intellectual Property Rights in Current Business Scenario. The main patent amendments, 2016 in Indian patent law has been discussed in depth. Highlights of Patent Amendments made to Indian Patent Rules, 2016 has been highlighted in this presentation. The Indian Patents Rules, 2003 has been amended by way of Patents (Amendment) Rules, 2016. Any questions: visit www.techcorplegal.com
Right Horizons Pvt Ltd Disclosure Document Right Horizons
- Right Horizons Portfolio Management Private Limited is a SEBI registered portfolio manager based in Bangalore, India.
- The document provides details about the company such as its promoters, directors, and group companies.
- Information about the services offered, fee structure, risk factors, and investor rights and responsibilities are also summarized.
The document is a general circular from the Ministry of Corporate Affairs in India providing clarification regarding section 180 of the Companies Act of 2013. It states that any resolutions passed under section 293 of the previous Companies Act of 1956 before September 12, 2013 regarding borrowings or security within prescribed limits will be considered sufficient compliance with section 180 for one year from the notification date. The circular was addressed to regional directors, registrars of companies, and all stakeholders on the subject of clarification for section 180.
The document is a general circular from the Ministry of Corporate Affairs of the Government of India regarding clarification on section 180 of the Companies Act of 2013. It states that any resolutions passed under section 293 of the previous Companies Act of 1956 regarding borrowings or security on company assets before September 12, 2013 will be considered sufficient compliance with section 180 for one year after its notification. The circular was addressed to regional directors, registrars of companies, and all stakeholders on the subject of clarification regarding section 180.
Government Approved Nineteen (19) Proposals of Foreign Direct Investment Amou...Cerule Consulting
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its Meeting held on 9th April 2015, the Central Government has approved nineteen (19) proposals of Foreign Direct Investment(FDI) amounting to Rs. 2165.04 crore approximately.
The document discusses the future of Mine Developer and Operators (MDOs) in India. It states that MDOs operate mines on behalf of owners and invest in technology and infrastructure to improve production. The MDO model is becoming more popular in India due to the balance it provides between private operators and public sector units. However, MDO projects also face risks like delays in production and cost increases. The document provides statistics on key MDO players and operational mines in India.
1) The Ministry of Corporate Affairs received representations seeking clarification on processing complaints related to defaults made by companies in repaying deposits accepted before April 1, 2014, when the Companies Act 2013 came into effect.
2) It is clarified that the Company Law Board has been empowered to exercise the powers of the National Company Law Tribunal to hear applications from depositors if a company fails to repay deposits under section 73(4) of the Act. Companies can also apply to the CLB under section 74(2) seeking an extension for repayment.
3) Companies can repay deposits accepted before April 1, 2014 according to the terms under which they were accepted, as long as they comply with Rule 19 of the
Dewan P.N. Chopra & Co. is a reputed Chartered Accountants Firm in India, actively engaged in a full service, multi-disciplinary practice under four core services verticals – Taxation, Regulatory, Transaction Advisory and Audit & Assurance. The Firm has immense experience rendering diverse professional services to an extensive base of national & international clients and is an established name in its field.
As the Empowered Committee of Finance Ministers granted in-principle nod to the draft of Model GST Law, it was placed in the
public domain on 14th June, 2016, with the government seeking feedback and comments from trade and industry. It is a laudable
way forward with optimism to see it implemented in full swing by April 2017.
GST is a destination based value added tax which will remove trade barriers and create one common Indian market. By providing
seamless credit of input tax across entire supply chain, it will remove the cascading effects of tax, thereby reducing the cost of
indigenous goods and services and making them more competitive in the international market.
Finance Bill Vs Finance Act - Dewan P.N. Chopra & Co. Sandeep Gupta
The Finance Bill, 2016 received the presidential assent on May 14, 2016. Thus, it has become the Finance Act, 2016 now.
However, the Bill which was presented originally in the Lok Sabha on February 29, 2016 has not been passed in its original shape. Various changes have been made in the Bill and new amendments have been brought in.
FDI POLICY IN INDIA: RECENT RELAXATION OF NORMS Sandeep Gupta
The Union Government of India radically liberalized the FDI regime on June 20, 2016, with the objective of providing major impetus to employment and job creation in India. This was the second major set of reforms after changes were announced in November 2015. Post these amendments , most sectors shall be able to receive Foreign Direct Investment (FDI) under the automatic approval route, except a few sectors on a negative list. As a result, India is now the most open economy in the world for FDI and has been rated as Number 1 FDI Investment Destination by several International Agencies
As we progress ahead with the new budget of 2015-16, lets have a look at some of the highlights of the budget of last year by Dewan P.N. Chopra & Co. http://bit.ly/1U3OJaA
A Comprehensive Report by Dewan P.N. Chopra, a leading C.A firm which is into services such as Tax & Regulatory, Corporate Finance, Audit & Assurance and Regulatory. Know more http://bit.ly/1U3OJaA
Private equity investment volumes decreased year-over-year in Q3 2014 while values increased. Venture capital investment volumes increased but values decreased. Mergers and acquisitions volumes decreased and values increased. Some notable deals that quarter included Adani Power acquiring Udupi Power Corporation for $1 billion, Reliance MediaWorks merging with Prime Focus for $470 million, and Cognizant acquiring TriZetto for $2.7 billion.
General anti-avoidance-rules-suggestionsSandeep Gupta
Did you know about these General anti-avoidance rules? If not, read on a comprehensive report on the General anti-avoidance rules suggestions by Dewan P.N. Chopra & Co.
The document provides an overview and summary of key aspects of the Union Budget for 2015-16 presented by the Finance Minister of India. It discusses the economic performance in 2014-15 with GDP growth of 8.4% and declining inflation. It outlines the fiscal deficit target of 3.9% of GDP for 2015-16. It highlights sectors like agriculture, banking, infrastructure, and social security initiatives. The budget aims to boost investment in infrastructure, support rural development and farmers, promote ease of doing business, and provide social security to more citizens.
Companies Act 2013 and the draft Rules towards better corporate GovernanceNeha Sharma
The Companies Act 2013 has already been passed by the Parliament and has also received the assent of the President. The government is expected to announce the date from which the specific section of the new Act will come in force.
The document summarizes the first case of compulsory licensing granted in India, between Bayer and Natco Pharmaceuticals regarding the drug Nexavar. The Controller of Patents granted the license to Natco after determining that Bayer's drug was not reasonably affordable in India. Some key points:
- Bayer's Nexavar treatment cost over $2,000/month while Natco's generic version cost $88/month.
- Bayer had not manufactured the drug in India or made it widely available.
- The license allows Natco to produce a generic version at a significantly lower cost, while still paying a 6% royalty to Bayer.
NCLT order on Directors' Report was signed by only one director instead of tw...GAURAV KR SHARMA
1. The petitioner company filed a compounding application for non-compliance with Section 217(4) of the Companies Act, 1956 regarding signing of the Board Report.
2. The ROC found that the Board Report was signed by only one director, whereas the provision requires it to be signed by at least two directors.
3. The petitioner stated this was an unintentional omission. The Tribunal imposed a fine of Rs. 10,000 each on the three directors totaling Rs. 30,000 to compound the offense, subject to payment within 30 days.
Investments by FPIs in REITs, InvIts, AIFs and corporate bonds under default.GAURAV KR SHARMA
1. SEBI permits FPIs to invest in units of REITs, InvIts, and Category III AIFs under the SEBI (FPI) Regulations, 2014, subject to terms set by SEBI.
2. RBI allows FPIs to acquire corporate bonds that have defaulted on principal or interest payments, as long as they have a minimum revised maturity of 3 years.
3. All FPI investments in defaulted corporate bonds will count against the existing corporate debt limit of INR 244,323 crore and are subject to other terms for FPI investments in corporate debt.
Indian Perspective on Intellectual Property Rights in Current Business Scenario. The main patent amendments, 2016 in Indian patent law has been discussed in depth. Highlights of Patent Amendments made to Indian Patent Rules, 2016 has been highlighted in this presentation. The Indian Patents Rules, 2003 has been amended by way of Patents (Amendment) Rules, 2016. Any questions: visit www.techcorplegal.com
Right Horizons Pvt Ltd Disclosure Document Right Horizons
- Right Horizons Portfolio Management Private Limited is a SEBI registered portfolio manager based in Bangalore, India.
- The document provides details about the company such as its promoters, directors, and group companies.
- Information about the services offered, fee structure, risk factors, and investor rights and responsibilities are also summarized.
The document is a general circular from the Ministry of Corporate Affairs in India providing clarification regarding section 180 of the Companies Act of 2013. It states that any resolutions passed under section 293 of the previous Companies Act of 1956 before September 12, 2013 regarding borrowings or security within prescribed limits will be considered sufficient compliance with section 180 for one year from the notification date. The circular was addressed to regional directors, registrars of companies, and all stakeholders on the subject of clarification for section 180.
The document is a general circular from the Ministry of Corporate Affairs of the Government of India regarding clarification on section 180 of the Companies Act of 2013. It states that any resolutions passed under section 293 of the previous Companies Act of 1956 regarding borrowings or security on company assets before September 12, 2013 will be considered sufficient compliance with section 180 for one year after its notification. The circular was addressed to regional directors, registrars of companies, and all stakeholders on the subject of clarification regarding section 180.
Government Approved Nineteen (19) Proposals of Foreign Direct Investment Amou...Cerule Consulting
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its Meeting held on 9th April 2015, the Central Government has approved nineteen (19) proposals of Foreign Direct Investment(FDI) amounting to Rs. 2165.04 crore approximately.
The document discusses the future of Mine Developer and Operators (MDOs) in India. It states that MDOs operate mines on behalf of owners and invest in technology and infrastructure to improve production. The MDO model is becoming more popular in India due to the balance it provides between private operators and public sector units. However, MDO projects also face risks like delays in production and cost increases. The document provides statistics on key MDO players and operational mines in India.
1) The Ministry of Corporate Affairs received representations seeking clarification on processing complaints related to defaults made by companies in repaying deposits accepted before April 1, 2014, when the Companies Act 2013 came into effect.
2) It is clarified that the Company Law Board has been empowered to exercise the powers of the National Company Law Tribunal to hear applications from depositors if a company fails to repay deposits under section 73(4) of the Act. Companies can also apply to the CLB under section 74(2) seeking an extension for repayment.
3) Companies can repay deposits accepted before April 1, 2014 according to the terms under which they were accepted, as long as they comply with Rule 19 of the
Similar to Rupee-denominated bonds of Indian companies get thumbs up in overseas markets (11)
Dewan P.N. Chopra & Co. is a reputed Chartered Accountants Firm in India, actively engaged in a full service, multi-disciplinary practice under four core services verticals – Taxation, Regulatory, Transaction Advisory and Audit & Assurance. The Firm has immense experience rendering diverse professional services to an extensive base of national & international clients and is an established name in its field.
As the Empowered Committee of Finance Ministers granted in-principle nod to the draft of Model GST Law, it was placed in the
public domain on 14th June, 2016, with the government seeking feedback and comments from trade and industry. It is a laudable
way forward with optimism to see it implemented in full swing by April 2017.
GST is a destination based value added tax which will remove trade barriers and create one common Indian market. By providing
seamless credit of input tax across entire supply chain, it will remove the cascading effects of tax, thereby reducing the cost of
indigenous goods and services and making them more competitive in the international market.
Finance Bill Vs Finance Act - Dewan P.N. Chopra & Co. Sandeep Gupta
The Finance Bill, 2016 received the presidential assent on May 14, 2016. Thus, it has become the Finance Act, 2016 now.
However, the Bill which was presented originally in the Lok Sabha on February 29, 2016 has not been passed in its original shape. Various changes have been made in the Bill and new amendments have been brought in.
FDI POLICY IN INDIA: RECENT RELAXATION OF NORMS Sandeep Gupta
The Union Government of India radically liberalized the FDI regime on June 20, 2016, with the objective of providing major impetus to employment and job creation in India. This was the second major set of reforms after changes were announced in November 2015. Post these amendments , most sectors shall be able to receive Foreign Direct Investment (FDI) under the automatic approval route, except a few sectors on a negative list. As a result, India is now the most open economy in the world for FDI and has been rated as Number 1 FDI Investment Destination by several International Agencies
As we progress ahead with the new budget of 2015-16, lets have a look at some of the highlights of the budget of last year by Dewan P.N. Chopra & Co. http://bit.ly/1U3OJaA
A Comprehensive Report by Dewan P.N. Chopra, a leading C.A firm which is into services such as Tax & Regulatory, Corporate Finance, Audit & Assurance and Regulatory. Know more http://bit.ly/1U3OJaA
Private equity investment volumes decreased year-over-year in Q3 2014 while values increased. Venture capital investment volumes increased but values decreased. Mergers and acquisitions volumes decreased and values increased. Some notable deals that quarter included Adani Power acquiring Udupi Power Corporation for $1 billion, Reliance MediaWorks merging with Prime Focus for $470 million, and Cognizant acquiring TriZetto for $2.7 billion.
General anti-avoidance-rules-suggestionsSandeep Gupta
Did you know about these General anti-avoidance rules? If not, read on a comprehensive report on the General anti-avoidance rules suggestions by Dewan P.N. Chopra & Co.
The document provides an overview and summary of key aspects of the Union Budget for 2015-16 presented by the Finance Minister of India. It discusses the economic performance in 2014-15 with GDP growth of 8.4% and declining inflation. It outlines the fiscal deficit target of 3.9% of GDP for 2015-16. It highlights sectors like agriculture, banking, infrastructure, and social security initiatives. The budget aims to boost investment in infrastructure, support rural development and farmers, promote ease of doing business, and provide social security to more citizens.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
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Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
1. Elemental Economics - Introduction to mining.pdf
Rupee-denominated bonds of Indian companies get thumbs up in overseas markets
1. Gon.ral Circular No: 09/2016
No 1212013-CL-V
Governmenl of India
Minislry ol Corpo.ale Aftai6
ti Floor, A Wing, Shasti Bhavan,
Dr R.P Road, New Delbi
All R6gional Dlrcctor3,
All Rogistr.F ol Comp.niG.
Subjoct l*uance ot rupoo bonds to ov.rsscs
Claritic.tion ros.rdins appli€bility of
Compani4 Act.20l3,
Sir,
The Minislry has received €lercnces trom slaleholders seeking claity on
applicability of provisions of Chapter lll ol the Companies Acl, 2013 (Act).nd tule 18 ol
Companies (Sharc Capital and Oebenlure) Rules. 2014 to lhe issus or rupee bonds by
Indian @mpanies exclusively to peEons rside.i oulside India in accordance wilh
appli€ble *cloral regulalory provisions
2 The natler has be€n €xami.ed in lhe Minislrv in consullalion with Re*de Bank of
hdia. The matter relaling lo issue oI rupee denominated bonds lo orcGeas investors is
being eg|]lated by RBI as part of ECB Policy f.aremlk. lt is accodingly cl.rilied that
unless olhetuise provided in lhe cncular/ dtections/ regulalions iss@d by ReseNe Bank
of India. provisions ol Chapter llloltheAct and rule 18 otCofnpanies (Shar€ Capilal and
Oebentu€) Rules. 2014 rculd not apply lo issue of rupe denminaled bonds made
exclusilely lo persons residenl oolside India in a@odane wilh appli€ble secloral
regulalory prcvisions as stated above. Nec€ssary chang€s in Companies (Share Capital
and Oebenture) Rules,2014 in this,esard a€being nade
3 Thas issues with lhe appoval of lhe compelent authodty
Inv.stora by Indisn companio. -
prcvbioN of Ch:ptar lll of th€
Dar6d:03.08.2016
$.., -*:
1 e-Gove.nance Seclion Manager lo plac this cncuar on lhe