What is a book-closure/record date?

Book closure and record date help a company determine exactly the shareholders of a company as on a given date.Book closure refers to the closing of register of the names or investors in the records of a company. Companies announce book closure dates from time to time. The benefits of dividends, bonus issues, rights issue accruing to investors whose name appears on the company's records as on a given date, is known as the record date.An investor might purchase a share-cum-dividend, cum rights or cum bonus and may therefore expect to receive these benefits as the new shareholder. In order to receive this, the share has to be transferred in the investor's name, or he would stand deprived of the benefits. The buyer of such a share will be a loser. It is important for a buyer of a share to ensure that shares purchased at cum benefits prices are transferred before book-closure. It must be ensured that the price paid for the shares is ex-benefit and not cum benefit.

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Good Bye laptops

Can any one ever imagine of life without laptops or desktops now.!!! hmmm...yes but need anything else that replaces them. So Japan is always ready to help you out with their technlogy.Since its a time of microtechnology, everything is modeled as small as it can be so you not computers. Amazing technology from Japan . . . but can you guess what it is ?Look closely and guess what they could be... This is something that will replace your PC in the near future.Beleive it or not this the the future of forthcoming computers. After looking the picture to the right you might guess wht I'm talking about. In the revolution of miniature computers, scientists have made great developments with bluetooth technology.This is the forthcoming computers you can carry within your pockets, they are very small in size comparable to pen. This "pen sort of instrument" produces both the monitor as well as the keyboard on any flat surfaces from where you can carry out functions you would normally

China vs India: Sikkim border conflict between India and China in 1967

Did you know India has offered 800 sheep and 59 yaks to China. Image Source: Google Images I am pretty sure its hard to believe, but its true, that India has offered 800 sheep and 59 yaks to China. 1962 war with China will remain in the memories of most of the Indians. Although China was not able to gain any strategic advantage after the war. Hence China keeps on waiting or rather creating these small issues to take advantage out of them. For this China opened another front in Sikkim and Arunachal Pradesh, but they did not find any reason to start any conflict with India in these reasons. Then comes this missing flock of 800 sheep and 59 yaks besides the allegations of territorial incursions. This let to the build-up Sikkim border conflict between India and China in 1967. This is what China was looking for since 1962 war. Exchanges between the two governments dating back to 1965 reveal that China accused Indian troops of stealing the flock of animals from Tibetan herdsmen

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