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

Hold Dredging Corporation of India; target of Rs 380: ICICI Direct
Hold Dredging Corporation of India; target of Rs 380: ICICI Direct ICICI Direct recommended hold rating on Dredging Corporation of India with a target price of Rs 380 in its research report dated June 03, 2019.

Posted on 17 June 2019 | 3:09 pm

AION Capital may invest in DHFL, would be largest shareholder once deal is through
AION Capital may invest in DHFL, would be largest shareholder once deal is through There was a debate about sale off DHFL’s profitable businesses to tide over the crisis.

Posted on 17 June 2019 | 3:07 pm

Hold Butterfly Gandhimathi; target of Rs 190: ICICI Direct
Hold Butterfly Gandhimathi; target of Rs 190: ICICI Direct ICICI Direct recommended hold rating on Butterfly Gandhimathi with a target price of Rs 190 in its research report dated June 03, 2019.

Posted on 17 June 2019 | 3:06 pm

Vodafone Idea, Bharti Airtel fall 3-4% on approval of penalty in Reliance Jio case
Vodafone Idea, Bharti Airtel fall 3-4% on approval of penalty in Reliance Jio case TRAI in October 2016 recommended imposing total penalty of Rs 3,050 crore on Airtel, Vodafone Idea for allegedly denying interconnectivity to newcomer RJio

Posted on 17 June 2019 | 2:58 pm

Cadila Healthcare gains on Establishment Inspection Report from USFDA
Cadila Healthcare gains on Establishment Inspection Report from USFDA The company informed exchanges that its formulation manufacturing facility located at SEZ, Ahmedabad has received an Establishment Inspection Report (EIR) from US Food and Drug Administration

Posted on 17 June 2019 | 2:53 pm

2019 Le Mans 24: No.8 Toyota of Nakajima, Buemi and Alonso takes victory
2019 Le Mans 24: No.8 Toyota of Nakajima, Buemi and Alonso takes victory 2019 Le Mans 24: No.8 Toyota of Nakajima, Buemi and Alonso takes victory

Posted on 17 June 2019 | 2:52 pm

Reliance Capital falls 10% despite selling stake in RNAM
Reliance Capital falls 10% despite selling stake in RNAM Reliance Capital expects to reduce its debt at least by Rs 12,000 crore, or 70 percent in the current financial year

Posted on 17 June 2019 | 2:46 pm

Negative growth in 2018-19 Maharashtra crop production: Economic report
Negative growth in 2018-19 Maharashtra crop production: Economic report Agriculture and the allied sector on a whole is expected to grow at 0.4 percent, a decline when compared to last year#39;s 3.1 percent rise.

Posted on 17 June 2019 | 2:45 pm

One nation, one election fancy idea of BJP, says CPI Suravaram Sudhakar Reddy
One nation, one election fancy idea of BJP, says CPI Suravaram Sudhakar Reddy CPI#39;s national general secretary Suravaram Sudhakar Reddy asked what would happen if some state governments were to fall during their term for one reason or the other.

Posted on 17 June 2019 | 2:40 pm

Reporter#39;s Take | Doctors’ strike takes nation-wide turn
Reporter#39;s Take | Doctors’ strike takes nation-wide turn The IMA is protesting the recent assault on doctors in West Bengal.

Posted on 17 June 2019 | 2:35 pm

What to expect from Revolt`s all-electric motorcycle - India debut tomorrow
What to expect from Revolt`s all-electric motorcycle - India debut tomorrow What to expect from Revolt's all-electric motorcycle - India debut tomorrow

Posted on 17 June 2019 | 2:22 pm

2019 Renault Triber teased ahead of June 19 reveal
2019 Renault Triber teased ahead of June 19 reveal 2019 Renault Triber teased ahead of June 19 reveal

Posted on 17 June 2019 | 2:10 pm

Sensex sinks 400 points; here are 5 factors dragging the indices
Sensex sinks 400 points; here are 5 factors dragging the indices Trade war concerns, rise in crude oil prices, selling in metal and banking stocks, the slowdown in FII money, etc. are some of the factors weighing on markets

Posted on 17 June 2019 | 1:58 pm

Silver futures fall on weak trend overseas
Silver futures fall on weak trend overseas On the MCX, silver contracts for July moved down by Rs 7, or 0.02 percent, to Rs 37,028 per kg in a business turnover of 19,052 lots.

Posted on 17 June 2019 | 1:49 pm

Negative growth in 2018-19 Maharashtra crop production: Economic report
Negative growth in 2018-19 Maharashtra crop production: Economic report Agriculture and the allied sector on a whole is expected to grow at 0.4 percent, a decline when compared to last year#39;s 3.1 percent rise.

Posted on 17 June 2019 | 2:45 pm

Pakistan fails to fulfil 25 of 27 FATF points, downgrading by IMF, World Bank to continue
Pakistan fails to fulfil 25 of 27 FATF points, downgrading by IMF, World Bank to continue With this, multilateral lenders like the IMF, the World Bank and the EU may continue downgrading Pakistan, making its financial situation more precarious.

Posted on 16 June 2019 | 1:50 pm

FPIs remain net buyers in June, invest Rs 11,132 crore
FPIs remain net buyers in June, invest Rs 11,132 crore FPI pumped in a net sum of Rs 1,517.12 crore into equities and Rs 9,615.64 crore into debt during June 3-14, the data showed.

Posted on 16 June 2019 | 10:22 am

CMs demand more central funds to deal with agri distress
CMs demand more central funds to deal with agri distress Speaking at the meeting, Andhra Pradesh Chief Minister Y S Jaganmohan Reddy made a strong pitch to grant special category status to the debt-ridden state and urged Prime Minister Narendra Modi to be "gracious" in fulfilling the promise made in Parliament and also in the BJP#39;s 2014 poll manifesto.

Posted on 15 June 2019 | 10:31 pm

Trade Unions demands for Rs 6K minimum pension, Rs 20K minimum wages
Trade Unions demands for Rs 6K minimum pension, Rs 20K minimum wages The unions during a pre-budget meeting also demanded hiking slabs for exemption of income tax for salaried persons and pensioners to Rs 10 lakh per year. They asked for Rs 8 lakh income tax slab for senior citizens and exemption of all perks and fringe benefits like housing, medical and education facilities and running allowances from income tax.

Posted on 15 June 2019 | 7:05 pm

Making India $5 trillion economy challenging but achievable: PM Modi
Making India $5 trillion economy challenging but achievable: PM Modi Modi, according to an official release, stressed that NITI Aayog has a key role to play in fulfilling the mantra of "Sabka Saath, Sabka Vikas, SabkaVishwas".

Posted on 15 June 2019 | 5:30 pm

Congress CMs consult Manmohan Singh over issues to be raised at Niti Aayog meet
Congress CMs consult Manmohan Singh over issues to be raised at Niti Aayog meet Madhya Pradesh Chief Minister Kamal Nath, Rajasthan Chief Minister Ashok Gehlot, Karnataka Chief Minister H D Kumaraswamy and Puducherry#39;s CM V Narayanasamy held a meeting with Singh at the Congress headquarters

Posted on 15 June 2019 | 2:00 pm

Budget in a minute: A comprehensive report of the government’s finances
Budget in a minute: A comprehensive report of the government’s finances Gaurav Choudhury, Deputy Executive Editor at Moneycontrol, explains how the government’s annual budget is just like managing household finances.

Posted on 14 June 2019 | 9:12 pm

Need a separate financial arm for roads sector: Nitin Gadkari
Need a separate financial arm for roads sector: Nitin Gadkari Gadkari said that there is a need to look at alternate sources of funding for infrastructure projects as securing finance from banks has become difficult.

Posted on 14 June 2019 | 1:48 pm

Indian refiners seek higher duty on Malaysian refined palm oil imports
Indian refiners seek higher duty on Malaysian refined palm oil imports India is the world#39;s biggest importer of edible oils. Its refined palm oil imports in May jumped to 371,060 tonnes from 238,479 tonnes in April, the Solvent Extractors#39; Association (SEA) said in a letter to Modi.

Posted on 14 June 2019 | 1:42 pm

Niti Aayog to hold first Governing Council meet under Modi 2.0 on June 15: Here#39;s all you need to know
Niti Aayog to hold first Governing Council meet under Modi 2.0 on June 15: Here#39;s all you need to know Bengal CM Mamata Banerjee has refused to attend the meeting, saying it is "fruitless" as Niti Aayog has no financial powers to support state plans

Posted on 14 June 2019 | 1:34 pm

WPI inflation at nearly 2-year low at 2.45% in May
WPI inflation at nearly 2-year low at 2.45% in May The Wholesale Price Index (WPI)-based inflation was at 3.07 per cent in April. It was 4.78 per cent in May 2018.

Posted on 14 June 2019 | 12:30 pm

Anarock budget wish list for realty sector: Industry status, more bank funds, ITC benefit in GST
Anarock budget wish list for realty sector: Industry status, more bank funds, ITC benefit in GST "With the Modi government taking full charge, all sectors have high hopes from the finance minister - who is already saddled with multiple issues including the slowing economy, liquidity crunch due to NBFC crisis, lack of job creation and rising NPAs, among others," Anarock Chairman Anuj Puri said.

Posted on 14 June 2019 | 11:35 am

US Commerce Secretary Wilbur Ross urges Modi govt to open up Indian economy, market
US Commerce Secretary Wilbur Ross urges Modi govt to open up Indian economy, market In an unusually blunt remarks, Ross asked India to remove the overly restrictive market access barriers for American companies.

Posted on 14 June 2019 | 8:19 am

Hold Dredging Corporation of India; target of Rs 380: ICICI Direct
Hold Dredging Corporation of India; target of Rs 380: ICICI Direct ICICI Direct recommended hold rating on Dredging Corporation of India with a target price of Rs 380 in its research report dated June 03, 2019.

Posted on 17 June 2019 | 3:09 pm

AION Capital may invest in DHFL, would be largest shareholder once deal is through
AION Capital may invest in DHFL, would be largest shareholder once deal is through There was a debate about sale off DHFL’s profitable businesses to tide over the crisis.

Posted on 17 June 2019 | 3:07 pm

Hold Butterfly Gandhimathi; target of Rs 190: ICICI Direct
Hold Butterfly Gandhimathi; target of Rs 190: ICICI Direct ICICI Direct recommended hold rating on Butterfly Gandhimathi with a target price of Rs 190 in its research report dated June 03, 2019.

Posted on 17 June 2019 | 3:06 pm

Vodafone Idea, Bharti Airtel fall 3-4% on approval of penalty in Reliance Jio case
Vodafone Idea, Bharti Airtel fall 3-4% on approval of penalty in Reliance Jio case TRAI in October 2016 recommended imposing total penalty of Rs 3,050 crore on Airtel, Vodafone Idea for allegedly denying interconnectivity to newcomer RJio

Posted on 17 June 2019 | 2:58 pm

Cadila Healthcare gains on Establishment Inspection Report from USFDA
Cadila Healthcare gains on Establishment Inspection Report from USFDA The company informed exchanges that its formulation manufacturing facility located at SEZ, Ahmedabad has received an Establishment Inspection Report (EIR) from US Food and Drug Administration

Posted on 17 June 2019 | 2:53 pm

2019 Le Mans 24: No.8 Toyota of Nakajima, Buemi and Alonso takes victory
2019 Le Mans 24: No.8 Toyota of Nakajima, Buemi and Alonso takes victory 2019 Le Mans 24: No.8 Toyota of Nakajima, Buemi and Alonso takes victory

Posted on 17 June 2019 | 2:52 pm

Reliance Capital falls 10% despite selling stake in RNAM
Reliance Capital falls 10% despite selling stake in RNAM Reliance Capital expects to reduce its debt at least by Rs 12,000 crore, or 70 percent in the current financial year

Posted on 17 June 2019 | 2:46 pm

Negative growth in 2018-19 Maharashtra crop production: Economic report
Negative growth in 2018-19 Maharashtra crop production: Economic report Agriculture and the allied sector on a whole is expected to grow at 0.4 percent, a decline when compared to last year#39;s 3.1 percent rise.

Posted on 17 June 2019 | 2:45 pm

One nation, one election fancy idea of BJP, says CPI Suravaram Sudhakar Reddy
One nation, one election fancy idea of BJP, says CPI Suravaram Sudhakar Reddy CPI#39;s national general secretary Suravaram Sudhakar Reddy asked what would happen if some state governments were to fall during their term for one reason or the other.

Posted on 17 June 2019 | 2:40 pm

Reporter#39;s Take | Doctors’ strike takes nation-wide turn
Reporter#39;s Take | Doctors’ strike takes nation-wide turn The IMA is protesting the recent assault on doctors in West Bengal.

Posted on 17 June 2019 | 2:35 pm

What to expect from Revolt`s all-electric motorcycle - India debut tomorrow
What to expect from Revolt`s all-electric motorcycle - India debut tomorrow What to expect from Revolt's all-electric motorcycle - India debut tomorrow

Posted on 17 June 2019 | 2:22 pm

2019 Renault Triber teased ahead of June 19 reveal
2019 Renault Triber teased ahead of June 19 reveal 2019 Renault Triber teased ahead of June 19 reveal

Posted on 17 June 2019 | 2:10 pm

Sensex sinks 400 points; here are 5 factors dragging the indices
Sensex sinks 400 points; here are 5 factors dragging the indices Trade war concerns, rise in crude oil prices, selling in metal and banking stocks, the slowdown in FII money, etc. are some of the factors weighing on markets

Posted on 17 June 2019 | 1:58 pm

Silver futures fall on weak trend overseas
Silver futures fall on weak trend overseas On the MCX, silver contracts for July moved down by Rs 7, or 0.02 percent, to Rs 37,028 per kg in a business turnover of 19,052 lots.

Posted on 17 June 2019 | 1:49 pm

AION Capital may invest in DHFL, would be largest shareholder once deal is through
AION Capital may invest in DHFL, would be largest shareholder once deal is through There was a debate about sale off DHFL’s profitable businesses to tide over the crisis.

Posted on 17 June 2019 | 3:07 pm

DCC clears imposing penalty on Airtel, Vodafone Idea; seeks Trai view on fine amount
DCC clears imposing penalty on Airtel, Vodafone Idea; seeks Trai view on fine amount However, before imposing the penalty, the Commission has decided to seek Trai#39;s views on revising Rs 3,050 crore penalty recommended by the sector regulator amid financial stress in the sector.

Posted on 17 June 2019 | 1:40 pm

Amazon India most attractive employer brand, Microsoft India 2nd: Survey
Amazon India most attractive employer brand, Microsoft India 2nd: Survey According to the Randstad Employer Brand Research (REBR) 2019, released Monday, Amazon scored high on financial health, utilisation of latest technologies and a strong reputation.

Posted on 17 June 2019 | 1:40 pm

Bharti AXA General Insurance posts Rs 3 crore profit in FY19
Bharti AXA General Insurance posts Rs 3 crore profit in FY19 The private sector insurer, a joint venture between Bharti Enterprises and French insurance major AXA, had registered a loss of Rs 92.6 crore in the previous fiscal.

Posted on 17 June 2019 | 1:39 pm

Reliance Capital sells 10.75% stake in RNAM for Rs 1,450 crore
Reliance Capital sells 10.75% stake in RNAM for Rs 1,450 crore Reliance Capital has sold 10.75 percent of its shareholding in RNAM, aggregating over Rs 1,450 crore and has achieved the minimum public shareholding of 25 percent in RNAM by reducing the promoter stake.

Posted on 17 June 2019 | 1:05 pm

USFDA makes 2 observations for Caplin#39;s sterile injectable site in Chennai
USFDA makes 2 observations for Caplin#39;s sterile injectable site in Chennai The US Food and Drug Administration (USFDA) has completed inspection of Caplin Steriles Ltd#39;s site at Gummidipoondi in Tamil Nadu, between June 6-14, 2019.

Posted on 17 June 2019 | 12:36 pm

US-India ties on upward trajectory, says US envoy to India Kenneth Juster
US-India ties on upward trajectory, says US envoy to India Kenneth Juster The US sees India as a strategic partner, "leading power" and what former prime minister Atal Bihari Vajpayee correctly called "natural allies" in the Indo-Pacific region, US Ambassador to India Kenneth Juster said.

Posted on 17 June 2019 | 12:30 pm

PMAI seeks higher duty on export of iron ore with over 58% Fe content
PMAI seeks higher duty on export of iron ore with over 58% Fe content In a letter to the PMO, PMAI has asked "for an an increase in export duty on iron ore of 58 plus Fe content from current 30 percent to 50 percent."

Posted on 17 June 2019 | 12:25 pm

Huawei CEO Ren Zhengfei expects sales at $100 billion in 2019, 2020
Huawei CEO Ren Zhengfei expects sales at $100 billion in 2019, 2020 The firm was put on a US blacklist last month that bars it from doing business with American tech firms.

Posted on 17 June 2019 | 12:18 pm

Airtel Africa expects London IPO to be priced between 80-100 pence share
Airtel Africa expects London IPO to be priced between 80-100 pence share The IPO is expected to raise 595 million pounds ($749.05 million) from the issuance of about 595.2 million to 744 million new shares.

Posted on 17 June 2019 | 12:12 pm

Alteria Capital invests Rs 80cr of venture debt in LendingKart
Alteria Capital invests Rs 80cr of venture debt in LendingKart LendingKart Finance is a technology driven financial services company that helps MSME’s grow their business through digital lending

Posted on 17 June 2019 | 11:47 am

Alibaba proposes one-to-eight stock split ahead of up to $20 billion Hong Kong listing
Alibaba proposes one-to-eight stock split ahead of up to $20 billion Hong Kong listing The firm#39;s board recommends shareholders to vote in favour of the proposal, it added in its statement dated June 14 but published on the company#39;s website on June 17.

Posted on 17 June 2019 | 11:47 am

UCO Bank declares Yashovardhan Birla as wilful defaulter
UCO Bank declares Yashovardhan Birla as wilful defaulter The loan was given by UCO Bank as part of consortium including State Bank of India, Punjab National Bank and United Bank of India.

Posted on 17 June 2019 | 11:40 am

Piramal Enterprises sells entire stake in Shriram Transport Finance for approximately Rs 2,305 cr
Piramal Enterprises sells entire stake in Shriram Transport Finance for approximately Rs 2,305 cr "The company has sold its entire direct investment of 9.96 per per cent in the fully paid-up share capital of Shriram Transport Finance Company to third party investors on the floor of the stock exchange," Piramal Enterprises said in a regulatory filing.

Posted on 17 June 2019 | 10:55 am


Compliance Calendar

test

Su M Tu W Th F Sa

© 2017 Agrawal B.Kumar & Co