Notes on Working Capital

The term working capital is the difference between current assets to current liabilities.  The need for working capital in a corporate needs no explanation.  The working capital is needed for stock of raw materials, work-in-progress, finished goods, book debts and cash balances.  Thus, a part of investment in current assets is generally financed by credit availed from suppliers of services… Read moreNotes on Working Capital

Notes on Dividend Theory

Dividend: The term dividend refers to that part of profits of accompany which is distributed by the company among its shareholders. It is the reward of the shareholders for investments made by them in the shares of the company.  Dividend theories: The Irrelevance Concept of Dividend or the Theory of Irrelevance The Relevance Concept of Dividend or the Theory of… Read moreNotes on Dividend Theory

SECURITIES AND EXCHANGE BOARD OF INDIA MERCHANT BANKERS AMENDMENT REGULATIONS, 2011

THE GAZETTE OF INDIA EXTRAORDINARY PART –III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, JULY 5, 2011 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 5 th July, 2011 SECURITIES AND EXCHANGE BOARD OF INDIA (MERCHANT BANKERS) (AMENDMENT) REGULATIONS, 2011   No.  LAD-NRO/GN/2011-12/09/21233 – In exercise of the powers conferred by section 30 of the Securities and Exchange Board… Read moreSECURITIES AND EXCHANGE BOARD OF INDIA MERCHANT BANKERS AMENDMENT REGULATIONS, 2011