What is a Prospectus? Prospectus is an invitation issued to the public to offer for purchase/subscribe shares or debentures of the company. In other words, any advertisement offering
What is Fire Insurance? A fire insurance is an agreement between two parties, i.e., insurer and insured. The insurer undertakes to compensate for the loss or damage suffered
Insurance Marketing Marketing of Insurance Service to achieve increased customer orientation and generation of profit is called Insurance Marketing. Formulation of an ideal mix for insurance business is
Distribution functions of new issue market. The distribution functions of new issue market are detailed under the following headings. Prospectus. Offer for sale. Private placement. Bonus Share. Book
Who are Speculators? The speculators are not genuine investors. They buy securities with a hope to sell them in future at a profit. They are not interested in
Re-issue of the Forfeited Shares When shares are forfeited, such shares become the property of the company and the directors can deal with them in any way they
Modern functions of banks as financial intermediaries 1. Banks helps in development of trade In the post independent era, the development of trade has greatly influenced the role
Disadvantages of business combination to Combining Firms 1. Dis economies of large scale operations: Combined firms may become too large which leads to problems in co-ordination and control.
Who can act as Lead Managers? Category I Merchant bankers can only act as Lead Managers. SEBI has specified the maximum number of lead managers based on issue
Differences between equity shares and debentures The following are some of the differences between equity shares and debentures 1. Motive of issue Equity Shares: Equity shares are issued