MEANING OF MAXIMUM RETAIL PRICE Maximum Retail Price (MRP) is the highest possible price fixed by the manufacturer that can be charged for a product from a customer. Retailers may choose to sell products at the MRP or for less than the MRP. Under the Consumer Goods (mandatory printing of cost of production and maximum…
Introduction to Merchant Banking Merchant banking is a professional service provided by the merchant banks to their customers considering their financial needs, for adequate consideration in the form of fee. Merchant banks are banks that conduct fundraising, financial advising and loan services to large corporations. These banks are experts in international trade, which makes them…
Syndicate members are commercial or investment banks, usually registered with market regulator, Sebi in India, or registered as brokers with stock exchanges, responsible for underwriting IPOs. They work as intermediaries between the issuer company and investors who bid for IPO stocks. Investors submit their bids via Syndicate Members appointed by the issuer company. They are…
The Registrar of Companies ( ROC ) is an office under the Ministry of Corporate Affairs (MCA), which is the body that deals with the administration of companies and Limited Liability Partnerships (LLPs) in India. At present, Registrar of Companies (ROCs) are operating in all the major states/UT’s. However, states like Tamil Nadu and Maharashtra,…
Underwriting is a common practice used in the commercial, insurance and investment banking industries. An underwriter typically works for mortgage, loan, insurance or investment companies. During the underwriting process, they do everything from evaluate your health to assess your financial status. Based on their findings, underwriters help companies determine if they should take on an applicant’s…
Meaning- A stockbroker is an individual or company qualified enough to trade securities in the financial markets on behalf of financial institutions, individual and institutional investors, and organizations. They can work either independently as a professional trader or broker-dealer or associate with a brokerage firm. Stockbrokers are licensed agents who represent individuals or organizations in…
Syndicate members are commercial or investment banks, usually registered with market regulator, Sebi in India, or registered as brokers with stock exchanges, responsible for underwriting IPOs. They work as intermediaries between the issuer company and investors who bid for IPO stocks. Investors submit their bids via Syndicate Members appointed by the issuer company. They are…
A Joint Venture (JV) is a business Endeavour in which two or more firms pool their resources in an effort to acquire a competitive advantage. Companies frequently form joint ventures to work on certain projects. The JV might consist of a totally new company with separate main business operations, or it could be a new…
Соnсeрt оf deроsitоry system Deроsitоry system essentiаlly аims аt eliminаting the vоluminоus аnd сumbersоme рарer wоrk invоlved in the sсriр-bаsed system аnd оffers sсорe fоr ‘рарerless’ trаding thrоugh stаte-оf-the-аrt teсhnоlоgy. It enаbles соnversiоn оf рhysiсаl seсurities in eleсtrоniс fоrm thrоugh а рrосess оf ‘demаteriаlisаtiоn’ (аlsо knоwn аs ‘demаt’) оf shаre сertifiсаtes аnd fасilitаtes shаre trаnsасtiоns…
Intrоduсtiоn During the eсоnоmiс refоrms оf 1990s, drаstiс сhаnges were mаde tо the eсоnоmy by аdорtiоn оf the рrinсiрles оf liberаlizаtiоn, рrivаtizаtiоn аnd glоbаlizаtiоn. Ассоrdingly, аs а раrt оf this refоrm initiаtive indiаn соmраnies were аllоwed tо rаise funds frоm fоreign stосk exсhаnges indireсtly thrоugh deроsitоry reсeiрts meсhаnism withоut аn оbligаtiоn tо list their shаres…
