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May 26, 2013
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acc
Number of MF accounts declined by 36 lakh in 2012-13
The mutual fund industry lost more than 36 lakh investors, measured in terms of individual accounts or folios, in the 2012-13 financial year.
Accenture to manage roll-out of BMW's online mktg campaigns
Consulting firm Accenture Monday said it has been selected by BMW to manage the rollout of custom built Web platform in the German car manufacturer's major markets by 2014.
Govt aims to bring down CAD to 2.5% by 12th Plan-end: Montek
The government aims to bring down current account deficit (CAD) to about 2.5 percent of the GDP by March 2017, Planning Commission Deputy Chairman Montek Singh Ahluwalia said Sunday.
Rajan not in favour of sovereign bond to finance CAD
CAD had touched a record high of 6.7 percent in the December quarter of last fiscal year. The CAD in 2012-13 fiscal is likely to be around 5 percent of the GDP.
India need consistency in FDI policy to bridge CAD gap: S&P
Global rating agency Standard and Poor's Saturday said India needs a consistent FDI policy for various sectors including retail to finance current account deficit (CAD).
Cost accountants suggest simple format to collect cos data
In a statement, the Institute said it would provide all support, if required, to any government agency in efforts to curb incidence of defrauding investors by promising logically improbable returns on investment.
Cost accountants suggest simple format to collect cos data
Amid instances of people getting duped by fraudulent money pooling schemes, the Institute of Cost Accountants of India (ICAI) Saturday suggested a simple format for collecting financial data that would help the public to have a better understanding about the activities of companies.
Tax gain propels ACC profit nearly 2-fold in Jan-Mar
Cement maker ACC's consolidated net profit for the January-March quarter nearly doubled to Rs 438 crore powered by higher "other income" and a one-time tax reversal.
CAD biggest risk to Indian economy: RBI
Describing high Current Account Deficit (CAD) as the biggest risk to Indian economy, the RBI on Friday said any further deterioration of CAD could result in its policy reversal stance.
Current account deficit to be around 5% in FY13: RBI
India's Current Account Deficit (CAD) for 2012-13 is likely to be around 5 percent of the Gross Domestic Product (GDP), Reserve Bank of India said Thursday.
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