Letter of appointment for first director

(ON COMPANY’S LETTER HEAD)

Date______________________

To,

Mr.  (Director who will be appointed his name and address)

_________________________

_________________________

Ref:- Your letter dated___________________(Consent Letter Date will come here)

Sub:-Appointment of Director

Dear Sir,

We are please to inform you that, we appoint you as a director in our company. Remuneration payable to you will be as mutually agreed between us.

Please acknowledge the receipt of the same.

Your Faithfully,

For ________________

(________________)

Director

Read More

RBI RATES

RBI RATES
PARTICULAR	RATES	PARTICULAR	RATES
Bank Rate	9.0%	Repo Rate	8.0%
Reverse Repo	7.0%	Marginal Standing Facility	9.0%
CRR	4.0%	SLR	23.0%
Base Rate	10-10.25%	Saving Deposit Rate*	4.0%
Term Deposit	8.0-9.25%	* relates to five major banks
EXCHANGE RATES (Base currency: INR)
1USD	60.3375	1 EURO	83.3060
100Japan YEN	58.9300	1 Pound Sterling	101.4515

Read More

STOCK MARKET DATA

STOCK MARKET DATA
BSE Sensex (30.04.14)				22417.80 (-48.39)
NSE Nifty (30.04.14)				6696.40 (-18.85)
Dow Jones (29.04.14)				16535.37 (86.63)
Nikkei-225 (28.04.14)				14288.23 (-141.03)
TOP GAINER
BSE			NSE
SCRIP NAME	LTP	% CHANGE	SCRIP NAME	LTP	% CHANGE
Bharat Immun.	14.29	19.98	HEROMOTOCO	2,215.40	3.27
Alchemist	54.25	19.76	ONGC	326.5	1.94
FCEL	6.91	16.92	TATAMOTORS	416.9	1.94
Dhanus Tech	0.08	14.29	ASIANPAINT	505.4	1.57
Indtradeco	0.09	12.50	DRREDDY	2,703.00	1.44
TOP LOOSER
BSE			NSE
SCRIP NAME	LTP	% CHANGE	SCRIP NAME	LTP	% CHANGE
Cantabil Retail	18.85	-19.96	DLF	139.45	-9.30
LE WATERINA	1.11	-19.57	TATAPOWER	78.15	-3.40
Surat Textile	1.50	-17.58	BHEL	181.05	-2.95
Kesoram Inds	62.70	-15.04	SSLT	185.6	-2.62
ACIL	0.07	-12.50	BHARTIARTL	328	-2.09

Read More

INDIAN ECONOMY

Monetary	Latest
Inflation
WPI (March 2014)	179.80 (5.7)
M3growth (%y-o-y)	13.60

INDIA PROJECTS & PROGRAMS

The World Bank Group’s Partnership Strategy for India (2013-2017) will help India lay the foundations for achieving “faster, sustainable, and more inclusive growth” as outlined in the government’s 12th five year plan. The World Bank Group will support India with an integrated package of financing, advisory services, and knowledge. As of July 2013, total net commitments in India stood at $22.3 billion (IBRD $12.6 billion, IDA $ 9.7 billion) across 78 projects. (Source: World Bank Report)

Read More