Community & General News


Vodafone buys Essar's stake for $5 bn; may exceed FDI limit

   01 April 2011 at 12:11

Vodafone buys Essar's stake for $5 bn; may exceed FDI limit UK-based Vodafone on Thursday acquired 33 per cent stake of its Indian partner Essar in the joint venture Vodafone Essar for USD 5 billion and may go for a new ally or opt for publi

Posted in Community & General |   3501 Views


ICAI e-Journal (April 2011)

   31 March 2011 at 15:37

ICAI e-Journal (April 2011)

Posted in Community & General |   8652 Views


President's Message - April 2011

   31 March 2011 at 15:37

President's Message - April 2011 Dear friends, When the first Finance Minister of India, Shri R. K. Shanmukham Chetty, presented the first budget of the country soon after our independence, on 26th November, 1

Posted in Community & General |   3306 Views


Consolidated FDI Policy (Effective from 1-4-2011)

   31 March 2011 at 14:31

Circular 1 of 2011 on FDI Circular 1 of 2011, being released today, is the third edition of the Consolidated FDI Policy. One year has passed since the policy on Foreign Direct investment (FDI), was consolidated and released for the first time, e

Posted in Community & General |   5349 Views


NBFCs not to be Partners in Partnership firms

   31 March 2011 at 12:09

NBFCs not to be Partners in Partnership firms RBI/2010-11/453 DNBS.PD/ CC.NO. 214/03.02.002/2010-11 March 30, 2011 All NBFCs Dear Sir, NBFCs not to be Partners in Partnership firms It has come to the notice of the Reserve Bank of India t

Posted in Community & General |   3432 Views


The Banking Companies (Nomination) Rules, 1985 - Clarifications

   31 March 2011 at 12:09

The Banking Companies (Nomination) Rules, 1985 – Clarifications RBI/2010-11/454 DBOD.No. Leg. BC. 83/09.07.005/2010-11 March 30, 2011 All Scheduled Commercial Banks (Excluding RRBs) Dear Sir, The Banking Companies (Nomination) Rules

Posted in Community & General |   15690 Views


RBI releases Study on State Finances 2010-11

   31 March 2011 at 16:33

RBI releases Study on State Finances 2010-11 The Reserve Bank of India (RBI) today released “State Finances: A Study of Budgets of 2010-11”, a publication that provides data, analysis and assessment of finances of State governments.

Posted in Community & General |   4572 Views


Collection of account payee cheques - Prohibition on crediting proceeds to third party accounts

   30 March 2011 at 11:52

Collection of account payee cheques – Prohibition on crediting proceeds to third party accounts RBI/2010-11/452 UBD. BPD. No. 41/12.05.001/2010-11 March 29, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear

Posted in Community & General |   5178 Views


Frontier Issues on the Global Agenda Emerging Economy Perspective

   30 March 2011 at 13:01

(Commemorative Oration by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India, on the occasion of the 60th anniversary celebrations of Central Bank of Sri Lanka, in Colombo on March 29, 2011)

Posted in Community & General |   3582 Views


MOU Signed Between ICWAI-MARF and Department of Post

   29 March 2011 at 17:25

MOU Signed Between ICWAI-MARF and Department of Post Management Accounting Research Foundation of ICWAI (ICWAI-MARF) has been appointed as an advisor to the Department of Post, Ministry of Communications and IT (DOP) and a MOU has been signed to

Posted in Community & General  3 comments |   4680 Views



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