Welcome to ABK & Co

A Trusted Business Consultants

“Whether you are looking for great services ---- or a gratifying career Agrawal B. Kumar & Co. offers a world of possibilities.”

Agrawal B. Kumar & Co., Chartered Accountants, was established in 1981 with the objective of providing value added services in various fields. The firms’ beliefs and values have been the corner stone’s on which it has built a durable edifice.

Our firm has been Peer Reviewed by The Institute of Chartered Accountants of India. We represent the spectrum of knowledge and experience in the fields of Direct Tax, Indirect Tax, Corporate Laws, IFRS, FEMA, RBI, Accounting & Auditing, Advisory Services, Project Report & Financing, Mergers & Acquisitions, Business Process Outsourcing, Secretarial Work, Compliance Services, Internal & Management audit, Society and Trust, System and Data Processing.

Know More

Latest Buzz

Reliance Capital defaults on NCD payments
Reliance Capital defaults on NCD payments The payments were due on Wednesday and Thursday, the company said in regulatory filing.

Posted on 17 October 2019 | 10:44 pm

IMF, World Bank see Brexit deal boosting global growth outlook
IMF, World Bank see Brexit deal boosting global growth outlook Kristalina Georgieva, the managing director of the International Monetary Fund, called the agreement "good news," and said she hoped the will to complete the deal "holds in all quarters."

Posted on 17 October 2019 | 10:35 pm

Bid to control judiciary always existed: Justice Chelameswar
Bid to control judiciary always existed: Justice Chelameswar The former Judge addressed a lecture on "Judiciary at cross-roads," held by the Triplicane Cultural Academy and The Kasturi Srinivasan Library here.

Posted on 17 October 2019 | 10:25 pm

BJP banks on North Indian leaders to woo Hindi voters in Maharashtra
BJP banks on North Indian leaders to woo Hindi voters in Maharashtra Well-known BJP leaders from the Hindi belt, including Defence Minister Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath, have addressed poll rallies in Mumbai and its neighbouring areas, which have a sizeable number of North Indian voters.

Posted on 17 October 2019 | 10:15 pm

No significant deterioration seen in asset quality so far in securitisation: India Ratings
No significant deterioration seen in asset quality so far in securitisation: India Ratings Jatin Nanaware, head and director - Structure Finance at India Ratings and Santosh Kamath, CIO - Fixed Income, Franklin Templeton, discussed with CNBC-TV18 the risks to the lenders on purchases of such securitised assets.

Posted on 17 October 2019 | 10:12 pm

Oil falls, fanned by inventory rise and global demand worries
Oil falls, fanned by inventory rise and global demand worries US crude inventories soared by 9.3 million barrels in the week to October 11, the US Energy Information Administration said, far surpassing estimates for a build of 2.8 million barrels last week.

Posted on 17 October 2019 | 10:10 pm

Zee Entertainment Q2FY20 ad spends improve, beating TV industry trend
Zee Entertainment Q2FY20 ad spends improve, beating TV industry trend Zee Entertainment is confident about ad spends on its network as it posted around a two percent growth in advertising revenue in Q2FY20.

Posted on 17 October 2019 | 10:07 pm

Sonia Gandhi to address public meeting in Haryana on Friday
Sonia Gandhi to address public meeting in Haryana on Friday The public meeting will be held at government college sports complex in Mahendragarh in the afternoon, sources said.

Posted on 17 October 2019 | 10:05 pm

WNS Q2 net profit up 15.7% to $28.7 mn
WNS Q2 net profit up 15.7% to $28.7 mn The company remains focused on the long-term BPM business opportunity and on driving enhanced value for clients, shareholders, employees and the communities, Murugesh added.

Posted on 17 October 2019 | 9:55 pm

Manmohan Singh urges govt, RBI to provide relief to PMC depositors
Manmohan Singh urges govt, RBI to provide relief to PMC depositors The economist-turned-politician also said that people are dying of shock, in an apparent reference to three PMC Bank depositors dying this week -- one of them allegedly committing suicide.

Posted on 17 October 2019 | 9:48 pm

Ticket size for BPCL disinvestment is $8 billion, says Macquarie Capital’s Aditya Suresh
Ticket size for BPCL disinvestment is $8 billion, says Macquarie Capital’s Aditya Suresh In an exclusive interview with CNBC-TV18, Aditya Suresh of Macquarie Capital Securities spoke at length about the disinvestment process and how the assets of BPCL will fit the global energy majors.

Posted on 17 October 2019 | 9:45 pm

DHFL reports Q2 net loss of Rs 242 cr
DHFL reports Q2 net loss of Rs 242 cr DHFL said the losses registered in Q2 of this fiscal were fully attributable to owners of the parent (company).

Posted on 17 October 2019 | 9:38 pm

Action against corrupt people will continue: PM Modi
Action against corrupt people will continue: PM Modi Speaking at a rally ahead of the October 21 Maharashtra Assembly elections, Modi said the middle class has made a great contribution to the economy.

Posted on 17 October 2019 | 9:35 pm

IMF#39;s Georgieva: US-China truce #39;not good enough#39;
IMF#39;s Georgieva: US-China truce #39;not good enough#39; #39;It#39;s really good news that the US and China are talking to each other,#39; she told reporters at the start of the International Monetary Fund annual meeting.

Posted on 17 October 2019 | 9:25 pm

India emerges 3rd largest ecosystems for successful start ups
India emerges 3rd largest ecosystems for successful start ups Hurun Research found 494 unicorns in the world, based in 25 countries and 118 cities. Set up seven years ago on average, they are worth $3.4 billion on average and $1.7 trillion in total.

Posted on 17 October 2019 | 9:20 pm

No significant deterioration seen in asset quality so far in securitisation: India Ratings
No significant deterioration seen in asset quality so far in securitisation: India Ratings Jatin Nanaware, head and director - Structure Finance at India Ratings and Santosh Kamath, CIO - Fixed Income, Franklin Templeton, discussed with CNBC-TV18 the risks to the lenders on purchases of such securitised assets.

Posted on 17 October 2019 | 10:12 pm

Goldman Sachs says present economic crisis bigger than that of 2008 as slump more protracted now
Goldman Sachs says present economic crisis bigger than that of 2008 as slump more protracted now Many people attribute the deepening slowdown in consumption to the NBFC crisis that began in September 2018 when ILFS went belly up following which consumption financing--a forte of shadow banks, stopped with a chill in disbursements by these players.

Posted on 17 October 2019 | 2:44 pm

India to miss fiscal deficit target by 30-50 bps: Sources
India to miss fiscal deficit target by 30-50 bps: Sources The government is now trying to cap the fiscal deficit for 2019/20 at 3.8 percent of GDP from the target set during the budget presented in July, the two officials told Reuters.

Posted on 17 October 2019 | 1:58 pm

PMUY brought Rs 3,000 cr investment, generated 3,000 jobs in Northeast: Official
PMUY brought Rs 3,000 cr investment, generated 3,000 jobs in Northeast: Official The ambitious programme, being implemented by the three PSU oil marketing companies IOCL, HPCL and BPCL, has increased the LPG customer base to over 94 lakh in October 2019 from 48.3 lakh on April 30, 2017, the official said.

Posted on 17 October 2019 | 11:35 am

Details of investment in JK would be available very soon: Nirmala Sitharaman
Details of investment in JK would be available very soon: Nirmala Sitharaman Sitharaman made the comments while responding to a question during an interactive session with investors at the IMF headquarters here on Wednesday. The event was organized by the Federation of Indian Chambers of Commerce and Industry and US India Strategic and Partnership Forum.

Posted on 17 October 2019 | 9:52 am

No better place to invest than in India, govt continuously working to bring reforms: Nirmala Sitharaman
No better place to invest than in India, govt continuously working to bring reforms: Nirmala Sitharaman "It (India) is one of the fastest growing (economies) even today. It has the best skilled manpower and a government that is continuously doing what is required in the name of reforms, above all democracy and rule of law," Sitharaman said on Wednesday.

Posted on 17 October 2019 | 8:15 am

No one in govt felt #39;pang of guilt#39; about Abhijit Banerjee#39;s remarks on economy: P Chidambaram
No one in govt felt #39;pang of guilt#39; about Abhijit Banerjee#39;s remarks on economy: P Chidambaram Banerjee, while speaking at a press conference at the Massachusetts Institute of Technology after winning the award, had said that the Indian economy is "doing very badly" even as the government is increasingly recognising that there is a problem.

Posted on 16 October 2019 | 6:07 pm

Important for India to keep fiscal deficit in check: IMF chief economist
Important for India to keep fiscal deficit in check: IMF chief economist As against India#39;s real growth rate of 6.8 percent in 2018, the IMF in its latest World Economic Outlook released on October 15, projected the country#39;s growth rate at 6.1 percent for 2019 and noted that the Indian economy is expected to pick up at 7 percent in 2020.

Posted on 16 October 2019 | 4:29 pm

Chief Economic Adviser KV Subramanian urges large corporations to clear MSME dues
Chief Economic Adviser KV Subramanian urges large corporations to clear MSME dues He said the virtuous cycle with investment was slowing down secularly.

Posted on 16 October 2019 | 3:42 pm

India#39;s aim of being a $5 trillion economy #39;challenging#39; but #39;realisable#39;: FM Nirmala Sitharaman
India#39;s aim of being a $5 trillion economy #39;challenging#39; but #39;realisable#39;: FM Nirmala Sitharaman She also emphasised that a $5 trillion economy will make India a global economic powerhouse moving it from the 7th to 3rd position in terms of current dollar exchange rate.

Posted on 16 October 2019 | 2:51 pm

India#39;s fuel demand fell 0.1% in September
India#39;s fuel demand fell 0.1% in September Sales of gasoline, or petrol, were 6.3 percent higher from a year earlier at 2.37 million tonnes.

Posted on 16 October 2019 | 2:45 pm

Indian public sector banks had #39;worst phase#39; under Manmohan Singh, Raghuram Rajan: Nirmala Sitharaman
Indian public sector banks had #39;worst phase#39; under Manmohan Singh, Raghuram Rajan: Nirmala Sitharaman Delivering a lecture at the prestigious Columbia University#39;s School of International and Public Affairs on October 15, Sitharaman said that giving all the public sector banks a “lifeline� is today her primary duty.

Posted on 16 October 2019 | 11:50 am

IMF says India still the fastest-growing economy despite grim global projections
IMF says India still the fastest-growing economy despite grim global projections Globally, India stood in contrast to IMF’s gloomy economic projection of a #39;synchronised slowdown#39;

Posted on 16 October 2019 | 10:42 am

India halved its poverty rate since 1990s: World Bank
India halved its poverty rate since 1990s: World Bank Deposit withdrawals have been capped at Rs 40,000 over a six-month period, causing panic and distress among depositors.

Posted on 15 October 2019 | 10:22 pm

Not a single Rs 2,000 note printed in FY20 so far: Report
Not a single Rs 2,000 note printed in FY20 so far: Report That the Central Bank has halted the printing of high value bank notes was conveyed by the Reserve Bank of India (RBI) in a response to an RTI query.

Posted on 15 October 2019 | 7:10 pm

Reliance Capital defaults on NCD payments
Reliance Capital defaults on NCD payments The payments were due on Wednesday and Thursday, the company said in regulatory filing.

Posted on 17 October 2019 | 10:44 pm

IMF, World Bank see Brexit deal boosting global growth outlook
IMF, World Bank see Brexit deal boosting global growth outlook Kristalina Georgieva, the managing director of the International Monetary Fund, called the agreement "good news," and said she hoped the will to complete the deal "holds in all quarters."

Posted on 17 October 2019 | 10:35 pm

Bid to control judiciary always existed: Justice Chelameswar
Bid to control judiciary always existed: Justice Chelameswar The former Judge addressed a lecture on "Judiciary at cross-roads," held by the Triplicane Cultural Academy and The Kasturi Srinivasan Library here.

Posted on 17 October 2019 | 10:25 pm

BJP banks on North Indian leaders to woo Hindi voters in Maharashtra
BJP banks on North Indian leaders to woo Hindi voters in Maharashtra Well-known BJP leaders from the Hindi belt, including Defence Minister Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath, have addressed poll rallies in Mumbai and its neighbouring areas, which have a sizeable number of North Indian voters.

Posted on 17 October 2019 | 10:15 pm

No significant deterioration seen in asset quality so far in securitisation: India Ratings
No significant deterioration seen in asset quality so far in securitisation: India Ratings Jatin Nanaware, head and director - Structure Finance at India Ratings and Santosh Kamath, CIO - Fixed Income, Franklin Templeton, discussed with CNBC-TV18 the risks to the lenders on purchases of such securitised assets.

Posted on 17 October 2019 | 10:12 pm

Oil falls, fanned by inventory rise and global demand worries
Oil falls, fanned by inventory rise and global demand worries US crude inventories soared by 9.3 million barrels in the week to October 11, the US Energy Information Administration said, far surpassing estimates for a build of 2.8 million barrels last week.

Posted on 17 October 2019 | 10:10 pm

Zee Entertainment Q2FY20 ad spends improve, beating TV industry trend
Zee Entertainment Q2FY20 ad spends improve, beating TV industry trend Zee Entertainment is confident about ad spends on its network as it posted around a two percent growth in advertising revenue in Q2FY20.

Posted on 17 October 2019 | 10:07 pm

Sonia Gandhi to address public meeting in Haryana on Friday
Sonia Gandhi to address public meeting in Haryana on Friday The public meeting will be held at government college sports complex in Mahendragarh in the afternoon, sources said.

Posted on 17 October 2019 | 10:05 pm

WNS Q2 net profit up 15.7% to $28.7 mn
WNS Q2 net profit up 15.7% to $28.7 mn The company remains focused on the long-term BPM business opportunity and on driving enhanced value for clients, shareholders, employees and the communities, Murugesh added.

Posted on 17 October 2019 | 9:55 pm

Manmohan Singh urges govt, RBI to provide relief to PMC depositors
Manmohan Singh urges govt, RBI to provide relief to PMC depositors The economist-turned-politician also said that people are dying of shock, in an apparent reference to three PMC Bank depositors dying this week -- one of them allegedly committing suicide.

Posted on 17 October 2019 | 9:48 pm

Ticket size for BPCL disinvestment is $8 billion, says Macquarie Capital’s Aditya Suresh
Ticket size for BPCL disinvestment is $8 billion, says Macquarie Capital’s Aditya Suresh In an exclusive interview with CNBC-TV18, Aditya Suresh of Macquarie Capital Securities spoke at length about the disinvestment process and how the assets of BPCL will fit the global energy majors.

Posted on 17 October 2019 | 9:45 pm

DHFL reports Q2 net loss of Rs 242 cr
DHFL reports Q2 net loss of Rs 242 cr DHFL said the losses registered in Q2 of this fiscal were fully attributable to owners of the parent (company).

Posted on 17 October 2019 | 9:38 pm

Action against corrupt people will continue: PM Modi
Action against corrupt people will continue: PM Modi Speaking at a rally ahead of the October 21 Maharashtra Assembly elections, Modi said the middle class has made a great contribution to the economy.

Posted on 17 October 2019 | 9:35 pm

IMF#39;s Georgieva: US-China truce #39;not good enough#39;
IMF#39;s Georgieva: US-China truce #39;not good enough#39; #39;It#39;s really good news that the US and China are talking to each other,#39; she told reporters at the start of the International Monetary Fund annual meeting.

Posted on 17 October 2019 | 9:25 pm

India emerges 3rd largest ecosystems for successful start ups
India emerges 3rd largest ecosystems for successful start ups Hurun Research found 494 unicorns in the world, based in 25 countries and 118 cities. Set up seven years ago on average, they are worth $3.4 billion on average and $1.7 trillion in total.

Posted on 17 October 2019 | 9:20 pm

Reliance Capital defaults on NCD payments
Reliance Capital defaults on NCD payments The payments were due on Wednesday and Thursday, the company said in regulatory filing.

Posted on 17 October 2019 | 10:44 pm

IMF, World Bank see Brexit deal boosting global growth outlook
IMF, World Bank see Brexit deal boosting global growth outlook Kristalina Georgieva, the managing director of the International Monetary Fund, called the agreement "good news," and said she hoped the will to complete the deal "holds in all quarters."

Posted on 17 October 2019 | 10:35 pm

Oil falls, fanned by inventory rise and global demand worries
Oil falls, fanned by inventory rise and global demand worries US crude inventories soared by 9.3 million barrels in the week to October 11, the US Energy Information Administration said, far surpassing estimates for a build of 2.8 million barrels last week.

Posted on 17 October 2019 | 10:10 pm

WNS Q2 net profit up 15.7% to $28.7 mn
WNS Q2 net profit up 15.7% to $28.7 mn The company remains focused on the long-term BPM business opportunity and on driving enhanced value for clients, shareholders, employees and the communities, Murugesh added.

Posted on 17 October 2019 | 9:55 pm

Manmohan Singh urges govt, RBI to provide relief to PMC depositors
Manmohan Singh urges govt, RBI to provide relief to PMC depositors The economist-turned-politician also said that people are dying of shock, in an apparent reference to three PMC Bank depositors dying this week -- one of them allegedly committing suicide.

Posted on 17 October 2019 | 9:48 pm

Ticket size for BPCL disinvestment is $8 billion, says Macquarie Capital’s Aditya Suresh
Ticket size for BPCL disinvestment is $8 billion, says Macquarie Capital’s Aditya Suresh In an exclusive interview with CNBC-TV18, Aditya Suresh of Macquarie Capital Securities spoke at length about the disinvestment process and how the assets of BPCL will fit the global energy majors.

Posted on 17 October 2019 | 9:45 pm

DHFL reports Q2 net loss of Rs 242 cr
DHFL reports Q2 net loss of Rs 242 cr DHFL said the losses registered in Q2 of this fiscal were fully attributable to owners of the parent (company).

Posted on 17 October 2019 | 9:38 pm

IMF#39;s Georgieva: US-China truce #39;not good enough#39;
IMF#39;s Georgieva: US-China truce #39;not good enough#39; #39;It#39;s really good news that the US and China are talking to each other,#39; she told reporters at the start of the International Monetary Fund annual meeting.

Posted on 17 October 2019 | 9:25 pm

India emerges 3rd largest ecosystems for successful start ups
India emerges 3rd largest ecosystems for successful start ups Hurun Research found 494 unicorns in the world, based in 25 countries and 118 cities. Set up seven years ago on average, they are worth $3.4 billion on average and $1.7 trillion in total.

Posted on 17 October 2019 | 9:20 pm

India rice prices hit multi-month lows as buyers defer purchases
India rice prices hit multi-month lows as buyers defer purchases India#39;s rice exports in August fell 29% year-on-year to 644,249 tonnes due to weak demand from African countries for non-basmati rice, among other factors.

Posted on 17 October 2019 | 8:57 pm

China says it hopes to reach phased trade pact with US as soon as possible
China says it hopes to reach phased trade pact with US as soon as possible A phased agreement would help restore market confidence and reduce uncertainty, ministry spokesman Gao Feng told reporters, adding that both sides were maintaining close communication.

Posted on 17 October 2019 | 8:50 pm

ILFS completes wind power units sale to Orix for RS 4,800 cr
ILFS completes wind power units sale to Orix for RS 4,800 cr The seven wind power plants, held through seven special purpose vehicles through ILFS Wind Energy, are spread across 12 states with a total generation capacity of 874 mw and have a combined debt of around Rs 3,700 crore.

Posted on 17 October 2019 | 8:46 pm

InterGlobe Aviation board to meet on October 24
InterGlobe Aviation board to meet on October 24 In a filing to the stock exchanges on Thursday, the company said board meeting would be held on October 24.

Posted on 17 October 2019 | 8:41 pm

Wall Street moves higher on Brexit deal, robust earnings
Wall Street moves higher on Brexit deal, robust earnings Of the 63 SP 500 companies to have posted quarterly results so far, 82.5% have beaten estimates.

Posted on 17 October 2019 | 8:35 pm

Indian corporates in liquidity preservation mode, says Credit Suisse
Indian corporates in liquidity preservation mode, says Credit Suisse “Indian debt levels are high, they are uncomfortable. The result of the stimulus programme has been that Indian bond yields have gone up a bit but if Indian growth does recover then the country will probably get the inflows of funds to finance that,� he observed.

Posted on 17 October 2019 | 8:30 pm


Compliance Calendar

test

Su M Tu W Th F Sa

© 2017 Agrawal B.Kumar & Co