Valuing Wealth The publicity blitz that Bill Gates and Warren Buffett attracted when they jointly visited India is not surprising, for the rich and the wealthy have attracted the limelight since times immemorial. But curiously, the attention the rich get is not directly proportionate to their quantum of wealth. Even among the rich there is a pecking [...]
In the beginning For long human beings have kept records of their past. One of the earliest records of scorekeeping by human race is found in the cave paintings in Europe –Lascaux, Altamira and Chauvet among Others1. These cave paintings have been dated about 40,000 years ago. They were of animals. One of the explanation provided for [...]
Buy-back of shares is an accepted practice in the corporate word today, a concept so wide-spread that in the calendar year 2018, the volume of buy-back by the US corporates is estimated at around $1 trillion. However, buy-back of shares is a recently introduced concept with the US taking the lead in the second [...]
As many of you may be aware, we provide a free-to-use website www.ca2013.com (CAIRR-Companies Act Integrated Ready Reckoner) that provides an integrated view of the Companies Act, LODR and IB code. Over the last three years, this site has generated good traction with 3000+ individuals registering for getting updates and attracts more than 1500 [...]
