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“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.

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Latest Buzz

Madhu Kapur writes to Yes Bank board, says send Rana Kapoor on leave till Jan 31
Madhu Kapur writes to Yes Bank board, says send Rana Kapoor on leave till Jan 31 Kapur sent this letter a day before the board was scheduled to meet, saying that Kapoor must be prevented from influencing the process of finding a new CEO for the bank

Posted on 25 September 2018 | 12:16 pm

SC extends deadline till November 15 for UP government to submit vision document on protection of Taj Mahal
SC extends deadline till November 15 for UP government to submit vision document on protection of Taj Mahal The Uttar Pradesh government told the apex court that it would be difficult to declare entire Agra as a heritage city.

Posted on 25 September 2018 | 12:14 pm

Glenmark Pharma gains over 2% on reports of zero observations from USFDA for Baddi plant
Glenmark Pharma gains over 2% on reports of zero observations from USFDA for Baddi plant The health regulator had begun its inspection of Glenmark Pharma#39;s facility on September 17.

Posted on 25 September 2018 | 12:13 pm

Infosys deploys digital banking solution at Australian Military Bank
Infosys deploys digital banking solution at Australian Military Bank It added that deployment of Finacle has enabled AMB with significant operational benefits and cost efficiencies, along with enhanced security and scalability.

Posted on 25 September 2018 | 12:13 pm

Sequretek raises Rs 27 crore from Unicorn India Ventures, others
Sequretek raises Rs 27 crore from Unicorn India Ventures, others While both Unicorn India Ventures and GVFL had invested in Sequretek last year in a pre Series A round, Sanghi has participated in this round in a personal capacity, it added.

Posted on 25 September 2018 | 12:12 pm

Aavas Financiers IPO opens: Should you subscribe?
Aavas Financiers IPO opens: Should you subscribe? Majority of brokerage houses advised subscribing to Aavas Financiers issue with long-term perspective, but not for listing gains as the issue is fairly priced and FY19 earnings multiple do not leave much upside in the near term.

Posted on 25 September 2018 | 12:07 pm

Buy Axis Bank, target Rs 645: Nandish Shah
Buy Axis Bank, target Rs 645: Nandish Shah We recommend accumulating Axis Bank in the range of Rs 585-597 for the upside target of Rs 640, keeping a stop loss below at Rs 570, says Nandish Shah of HDFC Securities.

Posted on 25 September 2018 | 12:07 pm

Buy Deepak Nitrite, target Rs 295: Nandish Shah
Buy Deepak Nitrite, target Rs 295: Nandish Shah We recommend accumulating Deepak Nitrite in the range of Rs 260-270 for the upside target of 295, keeping a stop loss below Rs 255, says Nandish Shah of HDFC Securities.

Posted on 25 September 2018 | 12:07 pm

Sell Karnataka Bank, target Rs 90: Nandish Shah
Sell Karnataka Bank, target Rs 90: Nandish Shah We recommend selling Karnataka Bank for the downside target of 90, keeping a stop loss above Rs 106, says Nandish Shah of HDFC Securities.

Posted on 25 September 2018 | 12:06 pm

Moser Baer locked in 5% lower circuit as NCLT allows liquidation of company
Moser Baer locked in 5% lower circuit as NCLT allows liquidation of company NCLT has allowed the liquidation of Moser Baer India vide its order dated September 20, 2018, under Section 33(2) of the Insolvency and Bankruptcy Code, 2016.

Posted on 25 September 2018 | 12:05 pm

Future Supply Chain Solutions to raise Rs 199 crore via NCDs
Future Supply Chain Solutions to raise Rs 199 crore via NCDs "The board of directors considered, approved issuance of secured redeemable non-convertible debentures for an amount aggregating to Rs 199 crore on private placement basis," the company said in a BSE filing.

Posted on 25 September 2018 | 12:03 pm

Cash-strapped ILFS may receive Rs 700 crore from NHAI soon: Report
Cash-strapped ILFS may receive Rs 700 crore from NHAI soon: Report The Reserve Bank of India (RBI) has reportedly summoned ILFS shareholders for a meeting on September 28

Posted on 25 September 2018 | 12:03 pm

Poddar Housing to buy 102.5 acre land in Pune to develop residential project
Poddar Housing to buy 102.5 acre land in Pune to develop residential project The land would be acquired along with trunk infrastructure facilities, on a deferred payment terms, it said. Autoline Industrial Parks is a subsidiary of Autoline Industries Ltd.

Posted on 25 September 2018 | 12:02 pm

US to provide $185 million in assistance for those affected by Rakhine State crisis
US to provide $185 million in assistance for those affected by Rakhine State crisis The new funding will support the implementation of critical emergency services, including protection, emergency shelter, food, water, sanitation, health care, and psychosocial support.

Posted on 25 September 2018 | 11:57 am

Suven Life gets product patents from Canada, Sri Lanka
Suven Life gets product patents from Canada, Sri Lanka These patents are valid through 2034 and 2026, respectively, the company said in a BSE filing.

Posted on 25 September 2018 | 11:56 am

Rupee dives 43 paise to 72.63 as crude reaches $80
Rupee dives 43 paise to 72.63 as crude reaches $80 India#39;s foreign exchange reserves rose by $1.207 billion to $400.489 billion in the week to September 14 on account of increase in foreign currency assets.

Posted on 24 September 2018 | 8:44 pm

Applicability of employee provident fund for international workers
Applicability of employee provident fund for international workers Apart from the employees working in India, the EPF Act also covers international workers within its ambit

Posted on 24 September 2018 | 8:05 pm

Bank of America Merrill Lynch ups CAD forecast to 2.8% in FY19 on rising crude prices
Bank of America Merrill Lynch ups CAD forecast to 2.8% in FY19 on rising crude prices The widening current account gap is one of the major concerns which is putting pressure on the rupee, which has depreciated 13 percent against dollar this year.

Posted on 24 September 2018 | 5:32 pm

Government may opt to control retail fuel prices to cushion inflationary shocks: SP
Government may opt to control retail fuel prices to cushion inflationary shocks: SP Rising crude prices and the recent 10 percent slide in the rupee has translated into higher fuel prices for consumers.

Posted on 24 September 2018 | 3:03 pm

Currency in circulation slows down since May on spike in crude, RBI selling dollars: Report
Currency in circulation slows down since May on spike in crude, RBI selling dollars: Report "One possible reason can be people may be cutting back discretionary spending with the recent spurt in fuel prices, mostly in rural areas," says SBI Research in a report Monday.

Posted on 24 September 2018 | 2:50 pm

In pics: A look at Sikkim#39;s newly-inaugurated picturesque Pakyong Airport
In pics: A look at Sikkim#39;s newly-inaugurated picturesque Pakyong Airport Prime Minister Narendra Modi inaugurated Sikkim’s first ever airport in Pakyong on September 24. This puts Sikkim on India’s aviation map after a 70-year wait. Apart from holding many firsts, the airport, like the rest of the Himalayan state, is Instagram-worthy as well. Here’s a look at some of the pictures:

Posted on 24 September 2018 | 1:04 pm

Opinion | Urjit Patel is right. Corruption is not about character flaws, it#39;s about economic incentives
Opinion | Urjit Patel is right. Corruption is not about character flaws, it#39;s about economic incentives When it comes to white-collar crime, the rewards for breaking rules far outweigh the risks of flouting laws and getting punished if spotted.

Posted on 24 September 2018 | 9:13 am

Petrol now costs over Rs 90/litre in Mumbai; diesel at Rs 74.02/litre in Delhi
Petrol now costs over Rs 90/litre in Mumbai; diesel at Rs 74.02/litre in Delhi An 11-paise/litre rise has pushed petrol price in Mumbai beyond the Rs 90 per litre mark for the first time.

Posted on 24 September 2018 | 7:44 am

China#39;s debt rises to $2.58 trillion by August-end
China#39;s debt rises to $2.58 trillion by August-end The country#39;s top legislative body has decided that the upper limit for local government debt this year should be 21 trillion yuan.

Posted on 23 September 2018 | 7:00 pm

Marcellus: Lehman, liquidity and India’s exposed financial system
Marcellus: Lehman, liquidity and India’s exposed financial system A decade on from Lehman, financial markets have become more, not less, important and India’s financial system has clearly become more vulnerable to disruptions in global liquidity flows. It is remarkable that the weight of financials in the Nifty is at an all-time high.

Posted on 23 September 2018 | 4:42 pm

Import curbs may cool rupee to 68-70/$, says DEA Secretary Garg
Import curbs may cool rupee to 68-70/$, says DEA Secretary Garg The government had earlier this month announced easing of overseas borrowing norms for manufacturing companies, removal of restrictions on foreign portfolio investors (FPI) investment in corporate bonds and tax benefits on Masala bonds to shore up rupee and check widening of current account deficit.

Posted on 23 September 2018 | 12:40 pm

Petrol inches closer to Rs 90/litre in Mumbai, diesel in Delhi nears Rs 74/litre
Petrol inches closer to Rs 90/litre in Mumbai, diesel in Delhi nears Rs 74/litre Petrol and diesel prices have been rising almost daily since mid-August due to rising crude oil prices and a weak rupee

Posted on 23 September 2018 | 8:58 am

Why insurance companies want access to your Aadhaar data
M Saraswathy Insurers want Aadhaar to improve customer contactability to sell and service policies

Posted on 22 September 2018 | 12:19 pm

Rupee firms up by 17 paise to 72.20 against US dollar
Rupee firms up by 17 paise to 72.20 against US dollar The domestic currency hit an intra-day high of 71.70 before giving back early strong gains swayed by domestic stock volatility. The Indian unit briefly touched a low of 72.48.

Posted on 21 September 2018 | 8:37 pm

Forex reserves rise by $1.2 billion to $400.5 billion
Forex reserves rise by $1.2 billion to $400.5 billion In the previous week, forex reserves had declined by $819.5 million to $399.282 billion.

Posted on 21 September 2018 | 7:37 pm

Madhu Kapur writes to Yes Bank board, says send Rana Kapoor on leave till Jan 31
Madhu Kapur writes to Yes Bank board, says send Rana Kapoor on leave till Jan 31 Kapur sent this letter a day before the board was scheduled to meet, saying that Kapoor must be prevented from influencing the process of finding a new CEO for the bank

Posted on 25 September 2018 | 12:16 pm

SC extends deadline till November 15 for UP government to submit vision document on protection of Taj Mahal
SC extends deadline till November 15 for UP government to submit vision document on protection of Taj Mahal The Uttar Pradesh government told the apex court that it would be difficult to declare entire Agra as a heritage city.

Posted on 25 September 2018 | 12:14 pm

Glenmark Pharma gains over 2% on reports of zero observations from USFDA for Baddi plant
Glenmark Pharma gains over 2% on reports of zero observations from USFDA for Baddi plant The health regulator had begun its inspection of Glenmark Pharma#39;s facility on September 17.

Posted on 25 September 2018 | 12:13 pm

Infosys deploys digital banking solution at Australian Military Bank
Infosys deploys digital banking solution at Australian Military Bank It added that deployment of Finacle has enabled AMB with significant operational benefits and cost efficiencies, along with enhanced security and scalability.

Posted on 25 September 2018 | 12:13 pm

Sequretek raises Rs 27 crore from Unicorn India Ventures, others
Sequretek raises Rs 27 crore from Unicorn India Ventures, others While both Unicorn India Ventures and GVFL had invested in Sequretek last year in a pre Series A round, Sanghi has participated in this round in a personal capacity, it added.

Posted on 25 September 2018 | 12:12 pm

Aavas Financiers IPO opens: Should you subscribe?
Aavas Financiers IPO opens: Should you subscribe? Majority of brokerage houses advised subscribing to Aavas Financiers issue with long-term perspective, but not for listing gains as the issue is fairly priced and FY19 earnings multiple do not leave much upside in the near term.

Posted on 25 September 2018 | 12:07 pm

Buy Axis Bank, target Rs 645: Nandish Shah
Buy Axis Bank, target Rs 645: Nandish Shah We recommend accumulating Axis Bank in the range of Rs 585-597 for the upside target of Rs 640, keeping a stop loss below at Rs 570, says Nandish Shah of HDFC Securities.

Posted on 25 September 2018 | 12:07 pm

Buy Deepak Nitrite, target Rs 295: Nandish Shah
Buy Deepak Nitrite, target Rs 295: Nandish Shah We recommend accumulating Deepak Nitrite in the range of Rs 260-270 for the upside target of 295, keeping a stop loss below Rs 255, says Nandish Shah of HDFC Securities.

Posted on 25 September 2018 | 12:07 pm

Sell Karnataka Bank, target Rs 90: Nandish Shah
Sell Karnataka Bank, target Rs 90: Nandish Shah We recommend selling Karnataka Bank for the downside target of 90, keeping a stop loss above Rs 106, says Nandish Shah of HDFC Securities.

Posted on 25 September 2018 | 12:06 pm

Moser Baer locked in 5% lower circuit as NCLT allows liquidation of company
Moser Baer locked in 5% lower circuit as NCLT allows liquidation of company NCLT has allowed the liquidation of Moser Baer India vide its order dated September 20, 2018, under Section 33(2) of the Insolvency and Bankruptcy Code, 2016.

Posted on 25 September 2018 | 12:05 pm

Future Supply Chain Solutions to raise Rs 199 crore via NCDs
Future Supply Chain Solutions to raise Rs 199 crore via NCDs "The board of directors considered, approved issuance of secured redeemable non-convertible debentures for an amount aggregating to Rs 199 crore on private placement basis," the company said in a BSE filing.

Posted on 25 September 2018 | 12:03 pm

Cash-strapped ILFS may receive Rs 700 crore from NHAI soon: Report
Cash-strapped ILFS may receive Rs 700 crore from NHAI soon: Report The Reserve Bank of India (RBI) has reportedly summoned ILFS shareholders for a meeting on September 28

Posted on 25 September 2018 | 12:03 pm

Poddar Housing to buy 102.5 acre land in Pune to develop residential project
Poddar Housing to buy 102.5 acre land in Pune to develop residential project The land would be acquired along with trunk infrastructure facilities, on a deferred payment terms, it said. Autoline Industrial Parks is a subsidiary of Autoline Industries Ltd.

Posted on 25 September 2018 | 12:02 pm

US to provide $185 million in assistance for those affected by Rakhine State crisis
US to provide $185 million in assistance for those affected by Rakhine State crisis The new funding will support the implementation of critical emergency services, including protection, emergency shelter, food, water, sanitation, health care, and psychosocial support.

Posted on 25 September 2018 | 11:57 am

Suven Life gets product patents from Canada, Sri Lanka
Suven Life gets product patents from Canada, Sri Lanka These patents are valid through 2034 and 2026, respectively, the company said in a BSE filing.

Posted on 25 September 2018 | 11:56 am

Madhu Kapur writes to Yes Bank board, says send Rana Kapoor on leave till Jan 31
Madhu Kapur writes to Yes Bank board, says send Rana Kapoor on leave till Jan 31 Kapur sent this letter a day before the board was scheduled to meet, saying that Kapoor must be prevented from influencing the process of finding a new CEO for the bank

Posted on 25 September 2018 | 12:16 pm

Infosys deploys digital banking solution at Australian Military Bank
Infosys deploys digital banking solution at Australian Military Bank It added that deployment of Finacle has enabled AMB with significant operational benefits and cost efficiencies, along with enhanced security and scalability.

Posted on 25 September 2018 | 12:13 pm

Sequretek raises Rs 27 crore from Unicorn India Ventures, others
Sequretek raises Rs 27 crore from Unicorn India Ventures, others While both Unicorn India Ventures and GVFL had invested in Sequretek last year in a pre Series A round, Sanghi has participated in this round in a personal capacity, it added.

Posted on 25 September 2018 | 12:12 pm

Future Supply Chain Solutions to raise Rs 199 crore via NCDs
Future Supply Chain Solutions to raise Rs 199 crore via NCDs "The board of directors considered, approved issuance of secured redeemable non-convertible debentures for an amount aggregating to Rs 199 crore on private placement basis," the company said in a BSE filing.

Posted on 25 September 2018 | 12:03 pm

Cash-strapped ILFS may receive Rs 700 crore from NHAI soon: Report
Cash-strapped ILFS may receive Rs 700 crore from NHAI soon: Report The Reserve Bank of India (RBI) has reportedly summoned ILFS shareholders for a meeting on September 28

Posted on 25 September 2018 | 12:03 pm

Suven Life gets product patents from Canada, Sri Lanka
Suven Life gets product patents from Canada, Sri Lanka These patents are valid through 2034 and 2026, respectively, the company said in a BSE filing.

Posted on 25 September 2018 | 11:56 am

Suven Life gets product patents from Canada, Sri Lanka
Suven Life gets product patents from Canada, Sri Lanka These patents are valid through 2034 and 2026, respectively, the company said in a BSE filing.

Posted on 25 September 2018 | 11:56 am

DGCA now begins inspection of Jet Airways#39; training programme
DGCA now begins inspection of Jet Airways#39; training programme The Naresh Goyal-controlled private airline, which is facing cash drought and has defaulted on the salary payments to its staff also did not have training chief for more than a month, the official claimed.

Posted on 25 September 2018 | 11:50 am

Capacite Infraprojects bags orders worth Rs 675 crore
Capacite Infraprojects bags orders worth Rs 675 crore "Capacit#39;e Infraprojects has received order from Piramal Realty and Radius Group for a total contract value of Rs 674.75 crore," the company said in a BSE filing.

Posted on 25 September 2018 | 11:43 am

Weakness in NBFCs continue, stocks down 3-22% on liquidity fears
Weakness in NBFCs continue, stocks down 3-22% on liquidity fears The higher yield for the commercial papers is due to tight liquidity into the system.

Posted on 25 September 2018 | 11:34 am

Syngene International COO Manoj Nerurkar resigns
Syngene International COO Manoj Nerurkar resigns Syngene said Nerurkar will pursue an external start up opportunity outside of contract research services.

Posted on 25 September 2018 | 11:32 am

Amazon India offers EMIs on debit cards on purchases of up to Rs 1 lakh
Amazon India offers EMIs on debit cards on purchases of up to Rs 1 lakh The offer, however, is available only to select customers whose eligibility is decided by the participating banks

Posted on 25 September 2018 | 11:30 am

Bangladesh, Indonesia pip India on aviation safety: ICAO audit
Bangladesh, Indonesia pip India on aviation safety: ICAO audit Even Indonesia has performed better than India on all the eight parameters while Malaysia has beaten India in five parameters.

Posted on 25 September 2018 | 11:09 am

SIDBI may file a case against ILFS for defaulting on its term repayment: Report
SIDBI may file a case against ILFS for defaulting on its term repayment: Report SIDBI can file a case as soon as on Wednesday to seek repayments of all its deposits in ILFS

Posted on 25 September 2018 | 10:38 am

FM Arun Jaitley to meet PSU banks#39; chiefs today: Here#39;s all you need to know
FM Arun Jaitley to meet PSU banks#39; chiefs today: Here#39;s all you need to know The meeting, which is the second of its kind since April, is a part of the annual financial performance review exercise conducted for all public sector banks

Posted on 25 September 2018 | 10:24 am


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