Interested to Buy Any Domain ? << Click Here >> for more details...
what is gdr
- 4 Answers
- 6956 Views
- TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / nikhilesh yadav
Global Depositary Receipt (GDR) is a certificate issued by
a depository bank, which purchases shares of foreign
companies and deposits it on the account. GDRs represent
ownership of an underlying number of shares.
Global Depository Receipts facilitate trade of shares, and
are commonly used to invest in companies from developing or
emerging markets.
Prices of Global Depositary Receipt are often close to
values of related shares, but they are traded and settled
independently of the underlying share.
Several international banks issue GDRs, such as JPMorgan
Chase, Citigroup, Deutsche Bank, Bank of New York. GDRs are
often listed in the Frankfurt Stock Exchange, Luxembourg
Stock Exchange and in the London Stock Exchange, where they
are traded on the International Order Book (IOB). Normally
1 GDR = 10 Shares, but not always.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / s.c.bhalla
GDR means a foreign currency denominated instrument ,whether listed on an international exchange or not,issued by a foreign depository in a permissible jurisdiction on the back of permissible securities issued or transferred to that foreign depository and deposited with a domestic custodian
| Is This Answer Correct ? | 0 Yes | 0 No |
can anyone provide me the Balance Sheet Items & Profit & Loss A/c Items & Accounting Heads with Accounting codes?
What are the different type of bank accounts maintained in tally
What is Deferred Capital Expenditure / Deferred Revenue Expenditure
EXPAND______________RGUKT
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
what is capital budgetting?
what tax will be on puchasing of sweets and is necessery to use form 38.
What is the difference between tds and withholding tax??(new)
debt/total capital
2 Answers Capital IQ, FactSet Systems,
Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office
Gross Profit Margin ?
How prepare the accounting MIS report?
Audit 
