|
Report Date : |
07.03.2014 |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
No Trace |
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
INDIAN ECONOMIC OVERVIEW
India’s private
sector output contracted for the seventh consecutive month in January as
services sector output remained weak amid tough economic conditions. The HSBC
India Composite Output Index which maps both services and manufacturing, stood
at 49.6 in January, up from 48.1 in December but below the crucial 50 mark for
the seventh consecutive month. This is poll season and uncertainty over pending
bills continues. Finance Minister P Chidambaram summed up the situation when he
expressed doubts whether any key legislation, except for the vote-on-account,
will be passed on the current session of Parliament.
Middle-and-senior-level
managers of India Inc are quite optimistic about the economic situation in
2014, says the latest survey by hiring agency Randstad India. The quarterly
review tracks trends across 32 countries including India which has the highest
mobility index of 146. The figure is the lowest as far as India is
concerned since the survey was conducted in the first quarter of 2010 and is
down by eight points from the previous quarter (154), Malaysia, Mexico and Hong
Kong follow India while the mobility is the least in Luxembourg, Germany and
Belgium indicating least employee churn.
$ 1.25 bn Foreign
direct investment in the pharmaceutical sector during the April-November period
of this financial year, compared with $ 581 million a year earlier. $97 bn, the
amount of excess cash tied up in the working capital processes by leading
Indian firms, although there has been a marginal improvement in the performance
last year, says a recent EY report. $2.5 bn, estimated capital expenditure by
Facebook which celebrated its 10th anniversary in 2014. Its capex
was $ 1.37 billion in 2013. Foreign institutions and non-resident Indians
can now invest in the insurance sector, within the 26 % cap on foreign direct
investment in the sector. The Department of Industrial Policy and Promotion
said this relaxation will apply to insurance companies, insurance brokers,
third-party administrators, surveyors and loss assessors.
In a boost to the
tourism sector, India will extend the visa-on-arrival facility to all countries
except eight, including Pakistan from September. India’s total foreign tourism
arrivals stood at 6.84 million in 2013. Forex earnings from tourism grew 2.2 %
year-on-year to $ 18.1 billion.
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
INFORMATION DECLINED BY
Unable to contact the company
GENERAL OBSERVATIONS
Site visit was done at the given address, our executive failed to trace
the company because no such company was available at the given address.
Due to lack of information i.e. unavailability of contact number. We
were unable to contact the subject.
Hence, no detail information could be made available.
The subject can be considered for business dealings on a safe and
secured trade terms and conditions.
Note :
Kindly provide us with additional information such as Correct Name, Address, Contact Details, Name of Contact Person or a copy of the Upper Part of Letterhead within 15 days of receiving this report, a would be sent without any additional cost.
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
No |
|
2] |
Locality of the firm |
No |
|
3] |
Constitutions of the firm |
No |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
No |
|
6] |
Line of Business |
No |
|
7] |
Promoter's background |
No |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact
person |
No |
|
11] |
Turnover of firm for last
three years |
No |
|
12] |
Profitability for last
three years |
No |
|
13] |
Reasons for variation
<> 20% |
----- |
|
14] |
Estimation for coming
financial year |
No |
|
15] |
Capital in the business |
No |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details
(if applicable) |
No |
|
21] |
Market information |
----- |
|
22] |
Litigations that the firm
/ promoter involved in |
----- |
|
23] |
Banking Details |
No |
|
24] |
Banking facility details |
No |
|
25] |
Conduct of the banking
account |
----- |
|
26] |
Buyer visit details |
----- |
|
27] |
Financials, if provided |
No |
|
28] |
Incorporation details, if
applicable |
No |
|
29] |
Last accounts filed at
ROC |
No |
|
30] |
Major Shareholders, if
available |
No |
|
31] |
Date
of Birth of Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of Proprietor/Partner/Director,
if available |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External
Agency Rating, if available |
No |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.