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In December 2020, Boral sold Midland Brick to the Buckeridge Group of Companies. [10] This followed Boral selling its bricks business on Australia's east coast in 2016. In April 2021, Boral divested its plasterboard business, completing the process with the sale of its 50 per cent interest in the USG Boral joint venture to Knauf for US$1 ...
For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...
In the beginning of income tax history, dividends paid to shareholders were exempt from taxation, as such tax was considered a form or double taxation on money earned by companies and subject to corporate tax. Currently, in most jurisdictions, dividends from corporations are treated as a type of income and taxed accordingly at the individual level.
In 2011 Lafarge sold to Boral its stake in their common Asian Gypsum joint-venture LBGA (Lafarge Boral Gypsum Asia). [18] Lafarge launched three plants in Hungary, Syria and Nigeria and created a joint venture with Anglo American in the United Kingdom. The group sold most of its European, South American, Asian and Australian gypsum operations.
According to a Reserve Bank of India report, mutual funds attracted 6% of household savings in FY2023 and less than 1% went into direct equities. [39] [40] [41] Almost 95% of household savings in India are held in bank deposits, including fixed deposit, provident fund, PPF, life insurance, and various small savings schemes. [39] [40] [41]
A formal hostile bid of 3.4 BHP Billiton shares for each Rio Tinto share was announced on 6 February 2008; [50] The bid was withdrawn 25 November 2008 due to global recession. [51] [52] On 14 May 2008, BHP Billiton shares rose to a record high of A$48.90 following speculation that Chinese mining firm Chinalco was considering purchasing a large ...
An Act to provide for the Redemption or Commutation of the Dividend on the Capital Stock of the East India Company, and for the transfer of the Security Fund of the India Company to the Secretary of State in Council of India, and for the dissolution of the East India Company. Citation: 36 & 37 Vict. c. 17: Dates; Royal assent: 15 May 1873 ...
MCA has to spell out the accounting standards applicable [1] for companies in India. As on date MCA has notified 40 Ind AS (Ind AS 11 is omitted by companies). This shall be applied to the companies of financial year 2015-16 voluntarily and from 2016 to 2017 on a mandatory basis