www.csrajivbajaj.com

`ec

THOUGHT OF THE DAY

Enjoy this moment...for this moment is

your life.

Law Updates : Law Updates :

CLB rejected petition for rectifying register of members as it was

filed malafidely to reduce paid-up capital.

SEBI vide circular no. CIR/CFD/POLICYCELL/5/2014- Formats for

disclosure under Regulation 30 of SEBI (Substantial Acquisition

of Shares and Takeovers) Regulations, 2011(Regulations).

The corporate affairs ministry has ruled out defining the term

'ordinary course of business' used several times in the

Companies Act, 2013.

Companies like Google, LinkedIn turn office spaces into happy

zones for their employees.

Lupin Ltd, the second-largest drugmaker by market value in

India, studied Wockhardt Ltd as a potential acquisition

candidate, although it hasn't met with the company's

management and isn't now holding talks.

Ashok Leyland has been adopting various strategies to cut the

debt in its books, from reducing working capital to reducing

manpower, selling off non-core assets, however, the best way to

do is perhaps by increasing profits.

PROFESSIONALS INPUTS:

CCI: Dominance of an enterprise should be within relevant

market and not in relation to individual consumer

Exporter can claim Cenvat credit for payment of commission on

export sales, bank commission and aviation charges.

Borrowings by Indian companies from foreign markets remained

unchanged from a year ago at $3.72 billion in July, data released

by Reserve Bank of India (RBI).

MARKET WATCH:

SENSEX: 26,467.10 30.08 GOLD (MCX): 27,870.00 99.00 NIFTY: 7,909.60 3.30 USD/INR: 60.52 -0.06 SILVER: 42,128.0 0.49 CRUDE OIL: 5699.00 0.28

CS Rajiv Bajaj

9811453353

Bajajr66@gmail.com

youtube.com/csrajivbajaj

https://www.facebook.com/Rajiv1Bajaj

http://www.csrajivbajaj.com

Date: 26th August 2014

Date: 2nd July 2014

www.csrajivbajaj.com

Inspirational Story of Sameer Gelaut

(Entrepreneur Known for: Indiabulls)

Who would have thought that an ordinary looking entrepreneur working from a

compact workplace would enter the Billionaire Club list someday? That’s the emotion-provoking story of Sameer Gehlaut, who scaled new success heights by

establishing Indiabulls in the year 2000.

The billionaire, at just 34 years of age, not only has developed one of the leading financial services, but has also expanded its operations across the globe.

The man commenced his journey in rags and eventually evolved as one of the prime pioneers in the online brokerage business segment.With simplicity and

sheer determination, the young entrepreneur began his operations from a

miniature office near Hauz Khas, a well-known place in Delhi.

However, the mission was assisted by two of friends at IIT Delhi, Rajiv Rattan

and Saurabh Mittal. With just a tin roof and two computers, the history of brewing one of India’s youngest self made billionaire was getting girded up.

Today, Sameer has been revered as the 45th richest businessman in India and

the 962nd richest man in the world.

Sameer Gelaut