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Indian Depository Receipt (IDR) is a financial instrument denominated in Indian Rupees in the form of a depository receipt. The IDR is a specific Indian version of the similar global depository receipts (GDR) It is created by a Domestic Depository (custodian of securities registered with the SEBI) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets. The foreign company IDRs will deposit shares to an Indian depository. The depository would issue receipts to Indian investors against these shares. The benefit of the underlying shares (like bonus, dividends etc.) would accrue to the depository receipt holders in India.
A boat can go 3 km upstream and 5 km downstream in 55 minutes. It can also go 4 km upstream and 9 km downstream in 1 hour 25 minutes. In how much time (...
Train P starts from Lucknow to Dehradun at 11:55 am with an average speed of 27.5 m/s. Train Q starts from Dehradunto Lucknowat 1:35 pm with an average ...
Anshul lives on 18th floor and Keshav lives on 53th floor. Anshul goes up at a rate of 34 floors per minute and Keshav comes down at a rate of 36 floo...
Abhishek, Yogesh and Sumit start from the same place and travel in the same direction at the speed of 40 km, 60km and 90km per hour respectively. Yoges...
A truck covers 376 km at a certain speed in 8 hours. How much time would a car take at an average speed of 13 km/h more than that of the speed of the tr...
A is cycling at an average speed of 20 km/hr such that he can reach a certain point at 12 noon. If he cycles at 30 km/hr, then he will reach the destina...
A car which is moving at a speed of 60 km/hr overtakes a bus which is 800 metres ahead of it in 2 minutes. If the speed of the truck is 50% more than th...
A thief is spotted by a policeman from a distance of 200 m. When the policeman starts chasing, the thief also starts running. If the speed of the thief ...