Which source gives data on finances of companies in India?

 Which source gives data on finances of companies in India? 

Ans. A Corporate Sector is a section of society consisting of Companies/ Industries/Business Houses. The corporate sector in India refers to all the joint stock companies registered under the Companies Act, 1956. It includes all the public limited companies and all the private limited companies. The statistics on corporate sector is provided by the Reserve Bank of India publications. The source for measuring the financial performance of companies is the audited annual accounts of companies. One of the features of company finance (CF) studies is the analysis of sources and uses of funds. These data given an insight into the internal and external sources of funds of the private corporate sector; the adequacy of support from financial intermediaries and the extent to which corporate raise resources bypassing financial intermediaries. These data also given valuable insight into the trends is capital formation in the private corporate sector. The analysis of profit and loss accounts gives an indication on variables like interest burden, profitability of corporate sector and give: an idea of business climate in the country. These data, therefore, serve both qualitative and quantitative inputs for the policy formulation compiled by other private. bodies, for generating the estimates of saving and capital. On the basis of the captured data, RBI publishes the following regular annual data on corporate finance. Finances of Large Public Limited Companies Finances of Public Limited Companies • Finances of Private Limited Companies • Performance of Financial and Investment Companies • Finances of Foreign Direct Investment Companies Following studies are good sources of data: (1) Finances of Large Public Limited Companies, 2009-10 (RBI Bulletin). This study covers selected 3114 selected companies having a paid-up capital of 1 crore or more. (2) Performance of Finance of and Investment Companies, 2009- 10 (RBI Bulletin). This covers selected 2629 finance and investment companies.