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The Tamil Nadu Industrial Investment Corporation Limited (TIIC), a government company incorporated under the Indian Companies Act 1913 and continues to be a government company under the Companies Act, 1956. The authorised share capital of the company is ₹300 crores and the paid up capital of the company is ₹283.4956 crores [2]
Guidance Tamil Nadu (formerly Tamil Nadu Industrial Guidance and Export Promotion Bureau [1]) is the investment promotion agency of the Government of Tamil Nadu. It is constituted to reach out to prospective investors and make them invest in the state of Tamil Nadu .
Tamil Nadu Electricity Board (abbreviated as TNEB) is a power generation and distribution company owned by Government of Tamil Nadu, India. It was created as a regulated monopoly under section 131 of the Electricity Act (2003) as a successor of the erstwhile Tamil Nadu Electricity Board . [ 3 ]
State Industries Promotion Corporation of Tamil Nadu (SIPCOT) Tamil Nadu Cement Corporation Limited (TANCEM) Tamil Nadu Co-operative Sugar Federation (TNCSF) Tamil Nadu Industrial Development Corporation (TIDCO) Tamil Nadu Industrial Explosives Limited (TEL) Tamil Nadu Industrial Investment Corporation Limited (TIIC)
All 3 of these accounts would be added together and shown as a single number (i.e. total 'Accounts Receivable' – balance owed) on the balance sheet. All accounts for a company are grouped together and summarized on the balance sheet in 3 sections which are: Assets, Liabilities and Equity.
Ke is the risk-adjusted, theoretical rate of return on a Company's invested excess capital obtained through external investments. Among other things, the value of Ke and the Cost of Debt (COD) [ 6 ] enables management to arbitrate different forms of short and long term financing for various types of expenditures.
Indian Accounting Standard (abbreviated as Ind_AS) is the accounting standard adopted by companies in India and issued under the supervision of Accounting Standards Board (ASB) which was constituted as a body in the year 1977.
As of 2022, Tamil Nadu's GSDP was ₹ 23.65 lakh crore (US$280 billion), second highest amongst Indian states. [3] For the financial year 2023–24, the projected expenditure is ₹ 3.65 lakh crore (US$43 billion) against a projected revenue of ₹ 2.73 lakh crore (US$32 billion) with the fiscal deficit at ₹ 0.92 lakh crore (US$11 billion). [4]