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India: 'Approach paper' on cos' valuation.

Business Line

| April 30, 2001 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

NEW DELHI: The Institute of Chartered Accountants of India (ICAI) has decided to draft an "approach paper" that would help in the development of a monograph on valuation of companies.

"The objective behind this exercise is to develop a system and certain common norms for carrying out valuations of companies. We will try to remove the confusion from the minds of various people …

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