CAclubindia News


Off balance sheet items a concern for private banks

 14 December 2011 at 10:34

ICICI Bank and Axis Bank rank poorly because the risk weighted average as a proportion of assets is at 83% on average compared to 74% for the other private sector peers

Posted in Community & General |   9138 Views


United action needed to save economy: FM

 14 December 2011 at 10:34

A day after leader of opposition in Rajya Sabha Arun Jaitley blamed the government for policy paralysis, finance minister Pranab Mukherjee suggested that coalition compulsions cannot be called policy paralysis. He said the nation needed "co

Posted in Community & General |   3291 Views


Rupee hits a new low as fall continues

 14 December 2011 at 10:33

Touches 53.52 to a dollar; most dealers say the currency can decline further against the greenback The rupee fell to a new low of 53.52 a dollar on Tuesday before ending the day at 53.23, with the euro’s weakness against the US unit adding

Posted in Community & General |   1 comments |   3867 Views


Meeting of Standard Audit Committee

 13 December 2011 at 11:33

Meeting of Standard Audit Committee

Posted in Audit |   4578 Views


Interest rates may remain unmoved by the dip in industrial growth

 13 December 2011 at 11:16

There is no doubt that falling economic growth indicators will put more pressure on RBI, which is waging a lone fight against inflation, to change its stance If there was any confirmation needed that the economy is in the grip of a slowdown, thi

Posted in Community & General |   2973 Views


Banks get seat on board for AI turnaround

 13 December 2011 at 11:16

The new monitoring board is expected to be established after the cabinet clears the turnaround plan India’s aviation ministry has agreed to allow Air India’s lenders to be part of a monitoring board that will oversee execution of the

Posted in Community & General |   7245 Views


Interest Rate on PPF

 13 December 2011 at 10:46

The Provident Fund handled by the Employees’ Provident Fund Organisation is known as Employees’ Provident Fund (EPF). Rate of interest on Employees’ Provident Fund for every year is recommended by the Central Board of Trustees, E

Posted in Community & General |   10053 Views


Dormant companies or Inactive Companies

 13 December 2011 at 11:14

As per the present policy of the Ministry, companies which have not filed their Annual Returns and Balance Sheets for the last three consecutive years or more are identified as ‘dormant companies’. The details of the dormant companie

Posted in Corporate Law |   5445 Views


Blacklisting of Companies

 13 December 2011 at 11:14

The case number 43/2010 on Modular Operation Theatres is under the adjudication in the Competition Commission of India (CCI) which is a quasi judicial body. Companies found indulging in bid rigging, cartelization and other fraudulent means thereby

Posted in Corporate Law |   3921 Views


MCA-Reservation in Promotions-77th Amendment

 13 December 2011 at 11:14

The reservation in promotion is strictly followed and implemented in the Ministry of Corporate Affairs as per the provisions made in the Constitution through 77th Amendment. The details of promotions made during last five years n all categories

Posted in Corporate Law |   7713 Views



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