Hello Frnds,
I hope all ppl must have a gud time in their SIP...Frnds as i told u earlier that i m working on Credit appraisal, so I just wanted to share some new concepts which i learnt in last few days.
Minority interest - It refers to the portion of a subsidiary corporation's stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is always less than 50% of outstanding shares.It is found on the balance sheet under Liabilities. Minority interest belongs to other investors and is reported on the consolidated balance sheet of the owning company to reflect the claim on assets belonging to other, non-controlling shareholders. Also, minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Well i keep u updating abt the other learnings