www.csrajivbajaj.com THOUGHT OF THE DAY Enjoy this moment...for this moment is your life. 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 [email protected] youtube.com/csrajivbajaj https://www.facebook.com/Rajiv 1Bajaj http://www.csrajivbajaj.com Date: 26 th August 2014