Azams-aspirational-views
Tuesday, September 3, 2013
Monday, September 2, 2013
Monday, July 1, 2013
Friday, June 14, 2013
From Intern To Employee
PLEASE CLICK ON THE LINK -
http://www.forbes.com/2009/04/27/intern-hiring-employee-leadership-careers-job.html
http://www.forbes.com/2009/04/27/intern-hiring-employee-leadership-careers-job.html
Thursday, June 13, 2013
BSNL to Shut Down Telegram Service from July 15
One of the last remaining bastions of thetelegram, India, has announced it is ceasing telegram services on July 15, inthe wake of the rising popularity of smartphones, texting and email.
Telegrams – called “taar” in India — began circulating in the 1850s. Thesigns of the taar’s demise were already clear; the system was privatized when Indian telecommunications company Bharat Sanchar Nigam Ltd. took over from the postal system in the 1990s, and two years ago raised the price from three or four rupees for 50 words) to 27 rupees for 50 words. In March 2013, BSNL announced the cessation of all international telegrams.
BSNL said it decided to cease telegram services after asking the Department of Posts to take thefailing service back.
SEBI – Enhancement in Foreign Investment limits in Government debt
CIR/IMD/FIIC/8/2013 CIRCULAR
June 12, 2013
To
All Foreign Institutional Investors
through their
designated Custodians of Securities
The Depositories (NSDL and CDSL)
Sir / Madam,
Sub: Enhancement in ForeignInvestment limits in Government debt
1. The Government of India has enhanced the Government Debt Limits by USD 5 billion (equivalent to
approximately INR 29,137 cr converted at the RBI reference rate of
1 USD = INR 58.274 as on June 12, 2013).
2. It has been decided that the aforesaid enhanced
limit of USD 5 billion shall be available forinvestments only to those FIIs which are registered with SEBI
under the categories of Sovereign Wealth Funds (SWFs), Multilateral
Agencies, Endowment Funds, Insurance Funds, Pension Funds and Foreign Central Banks.
3. To begin with, the amount of USD 5
billion together with the unutilized limit of INR 29,812 cr (equivalent
to approximately USD 6.2 billion) as on May 31, 2013 (due for auction on June
20, 2013) will be made immediately available for investment on tap by these
investors mentioned in Para 2 above.
4. The amount not utilized as on June 18, 2013 (out
of the presently unutilized limit of INR 29,812 cr) will be put on
auction on June 20, 2013. Similar exercise shall continue every month.5. With regard to
those FIIs which have exhausted their reinvestment limits, as a one time
measure, a special window of upto USD 250 million per FII shall be available
till the date of the next auction i.e. June 20, 2013 subject to the aggregate investments in Government debt by all FIIs/QFIs being
limited to USD 25 Billion (i.e. the limit other than the limit of USD 5 billion
earmarked for investors mentioned in Para 2 above).
Such investments made by FIIs using the special window shall be subject to a lock-in of 90 days.
Moreover, these investments will not be eligible for re-investment facility.
This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities
and Exchange Board of
India Act, 1992, to protect the interests of investors in securities and to
promote the development of, and to regulate the securities market.
Yours
faithfully,
S MADHUSUDHANAN
Deputy General Manager
Tel No.: 022-26449614
Email: smadhu@sebi.gov.in
Deputy General Manager
Tel No.: 022-26449614
Email: smadhu@sebi.gov.in
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