Loading...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    ED raids several places in UP, Haryana in GST fraud case; over Rs 1 crore cash seized
    From Syrup Diversion to Sugar Production: SED's Integrated Process House Solution for Shivshakti Sugars' 7,500 TCD Plant
    Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs
    ICSI inaugurates new Chapter Office in Hyderabad
    Curis Lifesciences Charts a New Growth Path with Uninova, Export Markets and Branded Pharma Expansion
    IBC @ Crossroads: A Decade of Evolution, The Road Ahead
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on official visit to Canada and USA from 25th August to 2nd Septemb...
    UPI Completes 10 Years of Digital Payments Revolution- Globally Recognised as World’s Largest Real‑Time Payment System
    PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.
    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada on Official Visit to Morocco.
    Rupee falls 3 paise to close at 95.74 against US dollar
    HSBC INDIA OPENS NEW BRANCH IN NASHIK TO SUPPORT WEALTH EXPANSION
    Commerce and Industry Minister Shri Piyush Goyal Leads A 200-Member Business Delegation to Japan.
    CBN busts inter-state heroin syndicate in ‘Op Black Hawk’; seizes over 18.6 kg crude heroin - Three members of inter-state trafficking network arr...
    Bank unions threaten nationwide strike on Sep 11 to press for 5-day banking, other demands
    Goyal says India negotiating FTAs with 8-9 more blocs, aims to cover 75 pc of global trade
    Rupee rises 7 paise to 95.64 against US dollar in early trade
    Woman passenger from Sharjah held with undeclared gold chain at Ahmedabad airport
    Delhi: Retired railway employee put under 'digital arrest', duped of Rs 30 lakh; one held
    CPI(M) accuses ED of ‘politically targeting’ Pinarayi Vijayan in CMRL case
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
August 24, 2026
Show AI Summary
Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
Show AI Summary
Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
Show AI Summary
Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
Show AI Summary
Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
Show AI Summary
Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
Show AI Summary
Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.
August 24, 2026
Show AI Summary
Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
Show AI Summary
Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
Show AI Summary
Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
Show AI Summary
Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
Show AI Summary
Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
Show AI Summary
Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.
August 24, 2026
Show AI Summary
Bilateral trade and investment cooperation advances through business engagement in high-technology manufacturing, clean energy, innovation and industrial collaboration.
India's commerce and industry engagement with Japan is structured around a business delegation visit to deepen bilateral trade, investment, technology and industrial collaboration. Sector-focused discussions cover semiconductors, artificial intelligence, start-ups, automotive manufacturing, steel, electronics, industrial and consumer markets. Business roadshows and investor interactions are directed at presenting opportunities in India's manufacturing, clean-energy and consumer sectors, while advancing cooperation in high-technology manufacturing and next-generation industries.
August 24, 2026
Show AI Summary
Inter-state heroin trafficking enforcement uncovered concealed narcotics in transport vehicles, triggering arrests, confiscation, and continuing supply-chain investigations.
Operation Black Hawk targeted an alleged inter-state heroin trafficking network moving crude heroin from the North-East region towards Uttar Pradesh. Intelligence-led vehicle tracking and highway interceptions resulted in the seizure of over 18.6 kg of crude heroin and the arrest of three suspected network members under the Narcotic Drugs and Psychotropic Substances Act, 1985. The narcotics were detected in specially fabricated concealed compartments within a passenger vehicle fuel tank and a heavy commercial vehicle body frame. Both vehicles and the contraband were confiscated, while financial and logistical investigations continue into suppliers and distribution channels.
August 24, 2026
Show AI Summary
Five-day banking and uniform performance incentives drive proposed bank union action over unresolved pension and employment demands.
Banking labour relations are affected by proposed nationwide industrial action over five-day banking, performance-linked incentives, and pension-related demands. Five-day banking remains pending despite a bipartite arrangement for extended weekday hours. Unions dispute an incentive scheme that differentiates awards by seniority and individual performance, contending that it departs from bank-level performance linkage and uniformity across cadres. They also allege that implementation during pending conciliation breaches a status quo obligation, while pension revision, uniform dearness allowance, and a pension-scheme switch option remain unresolved.
August 24, 2026
Show AI Summary
Free trade agreement strategy expands preferential market access and supports India's integration into global value chains and investment partnerships.
India's free trade agreement strategy seeks to expand preferential market access and integrate the country into global value chains as a trusted trading partner. Negotiations with additional country groups and individual nations are intended to extend agreement coverage to a substantial share of global trade. Investment opportunities are identified in data centres, manufacturing and artificial intelligence, alongside an objective of developing more balanced trade relations between India and Japan.
August 24, 2026
Show AI Summary
Foreign exchange market conditions supported rupee appreciation, but crude prices, importer demand and geopolitical sanctions concerns limited gains.
Foreign exchange market conditions supported a modest early appreciation of the rupee against the US dollar due to relative dollar softness. The gain was limited by elevated crude oil prices, importer demand for dollars, and caution over anticipated sanctions affecting Iranian oil trade, banking networks and shipping routes. Currency markets remained sensitive to geopolitical uncertainty and possible wider trade effects.
August 23, 2026
Show AI Summary
Undeclared gold importation led to customs interception, seizure, arrest and continuing investigation after concealment inside passenger clothing.
Customs enforcement against undeclared gold importation involved interception of a passenger arriving from Sharjah at Ahmedabad airport following passenger profiling. A gold chain concealed inside clothing was recovered after it was not declared for customs purposes. The chain was seized and the passenger was arrested under the Customs Act, 1962, before being released on bail, with further investigation continuing.
August 23, 2026
Show AI Summary
Digital arrest cyber fraud used impersonation, forged notices and coercive video calls to obtain transfers through mule accounts.
Digital arrest cyber fraud allegedly used impersonation of law-enforcement and central banking officials, fabricated notices, threats of arrest and continuous video communications to coerce a retired railway employee into disclosing financial details and transferring funds for purported verification. The alleged proceeds were routed through mule and shell accounts. Banking records, KYC details, digital evidence and transaction trails allegedly connected a recipient account with suspicious transactions and multiple cyber-fraud cases; part of the cheated amount was recovered or refunded.
August 23, 2026
Show AI Summary
Political targeting allegations challenge money-laundering enforcement actions, searches, questioning, and public disclosures in the CMRL investigation.
CPI(M) alleges that enforcement action under the Prevention of Money Laundering Act in the CMRL matter is politically motivated targeting of Pinarayi Vijayan, family members and party associates. It contends that searches, questioning and public communications during the investigation were used to create suspicion without incriminating evidence, and characterises references to hawala as a new investigative narrative. The party also alleges selective anti-money-laundering enforcement against opposition leaders and states that the company will address the CMRL-related matter.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters

Investment by FIIs under PIS : Crew B.O.S. Products Ltd

January 17, 2013

Contents
Notifications
Rules & Regulations
Summary
Note

Note

-

Bookmark

Print

Print

Date : 16 Jan 2013

Investment by FIIs under PIS : Crew B.O.S. Products Ltd

The Reserve Bank of India today notified that Crew B.O.S. Products Ltd., has passed resolutions at the board of directors’ meeting and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by NRIS/PIOs though primary market and stock exchanges up to 24% of the paid up capital of the company under Portfolio Investment Scheme (PIS).

This would be subject to the Regulation 5(3) of FEMA Notification No.20/2000 RB dated May 03, 2000 (as amended from time to time).

RBI's approval is given subject to the condition that the onus of compliance with FDI policy and FEMA regulations including downstream investment would continue to remain on the Indian company Crew B.O.S. Products Ltd.,

R. R. Sinha

Deputy General Manager

Press Release: 2012-2013/1206

Investment in Indian Companies by FIIs/NRIs/PIOs

Regulations

Foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs), and Persons of Indian Origin (PIOs) are allowed to invest in the primary and secondary capital markets in India through the portfolio investment scheme (PIS). Under this scheme, FIIs/NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India.

The ceiling for overall investment for FIIs is 24 per cent of the paid up capital of the Indian company and 10 per centfor NRIs/PIOs. The limit is 20 per cent of the paid up capital in the case of public sector banks, including the State Bank of India.

The ceiling of 24 per cent for FII investment can be raised up to sectoral cap/statutory ceiling, subject to the approval of the board and the general body of the company passing a special resolution to that effect. And the ceiling of 10 per cent for NRIs/PIOs can be raised to 24 per cent subject to the approval of the general body of the company passing a resolution to that effect.

The ceiling for FIIs is independent of the ceiling of 10/24 per cent for NRIs/PIOs.

The equity shares and convertible debentures of the companies within the prescribed ceilings are available for purchase under PIS subject to:

- the total purchase of all NRIs/PIOs both, on repatriation and non-repatriation basis, being within an overall ceiling limit of (a) 24 per cent of the company's total paid up equity capital and (b) 24 per cent of the total paid up value of each series of convertible debenture; and

- the investment made on repatriation basis by any single NRI/PIO in the equity shares and convertible debentures not exceeding five per cent of the paid up equity capital of the company or five per cent of the total paid up value of each series of convertible debentures issued by the company.

Monitoring Foreign Investments

The Reserve Bank of India monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis. For effective monitoring of foreign investment ceiling limits, the Reserve Bank has fixed cut-off points that are two percentage points lower than the actual ceilings. The cut-off point, for instance, is fixed at 8 per cent for companies in which NRIs/ PIOs can invest up to 10 per cent of the company's paid up capital. The cut-off limit for companies with 24 per cent ceiling is 22 per cent and for companies with 30 per cent ceiling, is 28 per cent and so on. Similarly, the cut-off limit for public sector banks (including State Bank of India) is 18 per cent.

Once the aggregate net purchases of equity shares of the company by FIIs/NRIs/PIOs reach the cut-off point, which is 2% below the overall limit, the Reserve Bank cautions all designated bank branches so as not to purchase any more equity shares of the respective company on behalf of FIIs/NRIs/PIOs without prior approval of the Reserve Bank. The link offices are then required to intimate the Reserve Bank about the total number and value of equity shares/convertible debentures of the company they propose to buy on behalf of FIIs/NRIs/PIOs. On receipt of such proposals, the Reserve Bank gives clearances on a first-come-first served basis till such investments in companies reach 10 / 24 / 30 / 40/ 49 per cent limit or the sectoral caps/statutory ceilings as applicable. On reaching the aggregate ceiling limit, the Reserve Bank advises all designated bank branches to stop purchases on behalf of their FIIs/NRIs/PIOs clients. The Reserve Bank also informs the general public about the `caution’ and the `stop purchase’ in these companies through a press release.

The current list of companies allowed to attract investments from FIIs/NRIs/PIOs with their respective ceilings is:

List of companies

List of companies which have raised the ceiling from 10% in respect of NRIs investments under PIS (w.e.f. November 29, 2010)

Upto 24%

1

Alembic Chemical Works Co. Ltd.

2

Amar Investments Ltd., Calcutta.

3

Anglo- India Jute Mills Co. Ltd.

4

Arvind Mills, Ahmedabad.

5

Ashima Syntex Ltd, Ahmedabad.

6

Ashoka Viniyoga Ltd.

7

Bharat Nidhi Ltd.

8

BLB Shares & Financial Services Ltd

9

BPL Ltd.

10

Burr Brown (India) Ltd

11

Camac Commercial Company Ltd.

12

Ceenik Exports (India) Ltd.

13

Cifco Finance Ltd., Mumbai.

14

Classic Financial Services & Enterprises Ltd, Calcutta.

15

CPPL Ltd, (Reliance Ind. Infrastructure Ltd) Mumbai.

16

Crest Communication Ltd.

17

CRISIL

18

DCM Ltd.

19

DCM Shriram Consolidated Ltd.

20

Dharani Sugars & Chemicals Ltd

21

Dolphin Offshore Enterprises ( I ) Ltd.

22

Emco Ltd.

23

Essar Oil Ltd.

24

Essar Shipping Ltd., B’lore

25

Essar Steel Ltd.

26

Eveready Industries India Ltd.

27

Fabworth (I) Ltd.

28

Federal Bank Ltd.

29

Ferro Alloys Corporation Ltd., Tumsar.

30

Gammon India Ltd

31

Grasim Industries Ltd.

32

GTL Ltd.(formerly Global Tele-Systems Ltd.)

33

GTL Infrastructure Ltd

34

Hamco Mining & Smelting Ltd.

35

HCL Infosystems Ltd.

36

HEG Ltd

37

Hindustan Development Corp. Ltd, Calcutta.

38

Hindustan Nitroproducts (Gujarat) Ltd.

39

Hindustan Transmission Products Ltd., Mumbai

40

HMG Industries Ltd., Mumbai.

41

Housing Development and Infrastructure Limited

42

Indiabulls Real Estate Ltd.

43

India bulls Securities Ltd.

44

Indiabulls Financial Services Ltd

45

Indiabulls Power Limited (formerly Sophia Power Company Limited)

46

Igarashi Motors India Ltd

47

IVP Ltd

48

Jagatjit Industries Ltd,

49

Jai Parabolic Springs Ltd.

50

Jaysynth Dyechem Ltd.

51

Jindal Strips Ltd.

52

Jindal Iron & Steel Co. Ltd.

53

Jindal Saw Limited (formerly Saw Pipes Limited)

54

JJ Spectrum Silk Ltd.

55

Kartjikeya Paper & Boards Ltd.

56

K Sera Sera Productions Ltd

57

Lakhani India Ltd.

58

M.P. Agro Fertilisers Ltd., Bhopal.

59

Macleod Russel (I) Ltd.

60

Matsushita Television and Audio India Ltd.

61

Max India Ltd

62

Mazda Enterprises Ltd., Mumbai.

63

Media Video Ltd.

64

Monnet Ispat & Energy Limited

65

Multimetals Ltd., Mumbai

66

Neha International Limited.

67

National Steel Industries Ltd.

68

Nicholas Laboratories India Ltd., Mumbai.

69

Networth Stock Broking Limited

70

Nava Bharat Ventures Limited

71

O.P. Electronics Ltd., Mumbai.

72

Oriental Housing Development Finance Corp. Ltd.

73

Pabacea Biotec Ltd.

74

Padmini Technologies Ltd.

75

Pearl Polymers Ltd., New Delhi.

76

Piramal Healthcare Ltd.

77

PNB Finance & Industries Ltd

78

Rajath Leasing & Finance Ltd.

79

Rajesh Exports Limited

80

Rama Petrochemicals Ltd.

81

Rama Phosphates Ltd.

82

Reliance Industries Ltd., Mumbai.

83

Rishra Investment Ltd., Calcutta

84

Rossell Industries Ltd., Calcutta.

85

Sahu Properties Ltd

86

Sanghvi Movers Ltd

87

Saurashtra Paper & Board Mills Ltd.

88

Sayaji Hotel Ltd.

89

SB & T International Ltd

90

Sharyans Resources Ltd.

91

Shanti Gears Ltd.

92

Shibir India Ltd., Calcutta

93

Shrenuj & Company Ltd.

94

Shriram Industries Enterprises Ltd., N. Delhi.

95

Silverline Industries Ltd.

96

Sonata Software Ltd.

97

SRF Ltd.

98

Sterling Lease Finance Ltd., Mumbai.

99

Sujana Metal Products Ltd

100

Svam Software Ltd.

101

Synthetics and Chemicals Ltd., Mumbai.

102

Shrenuj & Company Limited

103

The Champdany Industries Ltd., Calcutta.

104

The Dhanalakshmi Bank Limited

105

The Dharamsi Morarji Chemical Co. Ltd .

106

The Investment Trust of India Ltd.

107

The Morarjee Goculdas Spinning & Weaving Co Ltd, Mumbai.

108

Tolani Bulk Carrier Ltd.

109

Unitech Limited.

110

Uniworth International Ltd.

111

Vaibhav Gems Ltd.

112

Valecha Engineering Ltd.

113

VisualSoft Technologies Ltd.

114

Weltermann International Ltd.

115

Woolworth (India) Ltd.

116

Yes Bank Ltd.

117

Zora Pharma Ltd.

118

M/s. Redington(India) Ltd.(w.e.f. 29.11.2010)

119

M/s. Compuage Infocom Limited (w.e.f. 4.3.2011)

120

M/s. Kitex Garments Limited (w.e.f. 8.7.2011)

121

M/s Indiabulls Wholesale Services Ltd (w.e.f. 26.08.2011)

122

M/s Gitanjali Gems Ltd ( wef 16.09.2011)

123

Everonn Education Limited ( w.e.f 6.1.2012)

124

Indiabulls Infrastructure and Power Ltd ( w.e.f. 20.1.2012)

125

M/s Crew B.O.S. Products Limited (w.e.f. 16-1-2013)

Upto 17%

1

Garware Shipping Corporation Ltd.

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 30% OF THEIR PAID UP CAPITAL UNDER PIS

1

Asian Paints (India) Ltd

2

Capital Trust Ltd

3

Container Corporation of India

4

Divi’s Laboratories Ltd

5

Ferro Alloys Corporation Ltd

6

Garware Polyester Ltd

7

GIVO Ltd (formerly KB & T Ltd)

8

Mahindra Gesco Developers Ltd

9

Orchid Chemicals and Pharmaceuticals Ltd

10

Penta Soft Tec(Pentafour Communications Ltd)

11

Polyplex Corporation Ltd

12

Ranbaxy Laboratories Ltd

13

Shasun Chemicals Ltd

14

Sonata Software Ltd

15

The Paper Products Ltd

16

Vikas WSP Ltd

17

Apollo Tyres Ltd.(w.e.f. June 22, 2010)

18

The ING Vysya Bank Limited (w.e.f. 03-01-2013)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 40% OF THEIR Paid Up Capital

1

Adlabs Films Ltd.

2

Aftek Infosys Ltd.

3

Balaji Telefilms Ltd.

4

Bharat Forge Ltd

5

Burr Brown (India )Ltd

6

Cipla Ltd.

7

Elbee Services Ltd

8

Glenmark Pharmaceuticals Ltd

9

Gujarat Ambuja Cements Ltd

10

HEG Ltd

11

Hero Honda Motors Ltd

12

Jindal Steel & Power Ltd

13

Jyoti Structures Ltd

14

Maars Software International Ltd

15

Mount Everest Mineral Water Ltd

16

Padmini Technologies Ltd.

17

Rajasthan Spinning & Weaving Mills Ltd

18

Rico Auto Industries Ltd.

19

Shanti Gears Ltd.

20

Silverline Technologies Ltd.

21

Suven Life Sciences Ltd.

22

The India Cements Ltd.

23

The Indian Hotels Company Ltd

24

Thiru Arooran Sugars Ltd.

25

UTV Software Communications Ltd

26

Visual Soft Technologies Ltd.

27

Ways India Ltd.

28

Shemaroo Entertainment Limited (w.e.f. 24.02.2012)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 49% OF THEIR Paid Up Capital

1

Alok Industries

2

Auribindo Pharma Ltd.

3

Arvind Mills Ltd

4

Balakrishna Industries Ltd

5

Blue Dart Express Ltd

6

CRISIL

7

Digital GlobalSoft Ltd.

8

Dr. Reddy’s Laboratories Ltd.

9

D. S. Kulkarni Developers Ltd.

10

Federal Bank Ltd.

11

Financial Technologies (I) Ltd

12

HDFC Bank Ltd

13

Himachal Futuristic Communications Ltd.

14

Hindustan Lever Ltd.

15

Hughes Software Ltd.

16

ICICI Bank Ltd.

17

Ind-Swift Laboratories Ltd.

18

Karnataka Bank Ltd.

19

LIC Housing Finance Ltd.

20

Marksans Pharma Ltd.

21

Mahindra & Mahindra Ltd.

22

Mastek Ltd

23

Max India Ltd

24

McDowell & Co Ltd

25

NIIT Ltd.

26

NIIT Technologies Ltd.

27

Panacea Biotec Ltd.

28

Reliance Capital Ltd.

29

Reliance Energy Ltd.

30

Reliance Industries Ltd.

31

Reliance Petroleum Ltd.

32

SB & T International Ltd.

33

Sadbhav Engineering Limited

34

S. Kumars Nationwide Ltd

35

Soffia Software Ltd

36

Strides Arcolabs Ltd

37

Sun Pharmaceutical Industries Ltd.

38

Swaraj Mazda Ltd

39

The South Indian Bank Ltd

40

The Dhanalakshmi Bank Limited

41

SPANCO Limited

42

United Breweries Ltd

43

United Phosphorus Ltd

44

UTI Bank Ltd.

45

Vimta Labs Ltd.

46

Wockhardt Ltd.

47

Yes Bank Ltd.

48

Zeefilms Ltd.

49

Welspun India Ltd (w.e.f. 10.02.2010)

50

IndusInd Bank Limited (w.e.f. 26-11-2012)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO LIMITS FIXED BY COMPANIES AS INDICATED AGAINST THEIR NAMES

1

Amtek Auto Ltd (74%)

2

Advanta India Limited 49%

3

Amtek India Ltd (74%)

4

Ahmednagar Forgings Ltd (74%)

5

Anant Raj Industries Ltd. (40%)

6

ANG Auto Ltd (49%)

7

Apollo Hospitals (74%)

8

Aptech Ltd (74%)

9

Arshiya International Limited (49%)

10

Ansal Properties Infrastructure Limited (49%)

11

Bhagwati Banquets & Resorts Ltd.

12

Bombay Rayon Fashions Ltd (26%)

13

Bajaj Auto Finance Ltd (30%)

14

Bajaj Hindusthan Limited (74%)

15

Balrampur Chini Mills Ltd (60%)

16

Birla Power Solutions Ltd. (74%)

17

Core Projects & Technologies Ltd.(74%)

18

Cranes Software International Limited (60%)

19

Crest Communication Ltd (50%)

20

CESC Ltd. (49%)

21

CREW B.O.S. Products Ltd. -(49%)

22

DCM Ltd - (49%)

23

Development Credit Bank Ltd. - (49%)

24

Dagger-Forst Tools Ltd. - (74%)

25

Emco Ltd - (49%)

26

Escorts Ltd - (49%)

27

Era Construction (India) Ltd - (40%)

28

Fedders Lloyd Corporation Limited (74%)

29

Ganesh Housing Corporation Ltd.(49%)
(formerly Ganesh Housing Finance Corporation Ltd)

30

Gammon India Ltd - (49%)

31

Garware Offshore Services Ltd-(60%)

32

Godrej Consumer Products Ltd (35%)

33

Great Offshore Limited-(49%)

34

GTL Ltd. – (74%)

35

GTL Infrastructure Ltd. – (74%)

36

Gujarat Pipavav Port Limited (45%) (w.e.f May 29, 2012)

37

HTMT Global Solutions Ltd.-(74%)

38

Hindustan Construction Co Limited – (49%)

39

Hindalco Industries Limited – (40%)

40

Igarashi Motors India Ltd. - (40%)

41

Il & FS Investment Managers Ltd- 74%

42

ICSA (INDIA) Ltd. - (49%)

43

I-Flex Solutions Ltd. (60%)

44

India Nivesh Limited (49%)

45

Infrastructure Development Finance Company Limited (74%)

46

Info Edge (India) Ltd. (40%)

47

International Conveyor Limited (74%)

48

IOL Broadband Ltd. - (49%)

49

Jai Corp Ltd. -(49%)

50

Jindal Saw Limited (49%) (formerly Saw Pipes Limited )

51

Jaisal Securities Limited  (50%)

52

Jaiprakash Associates Ltd. (45%)

53

JSW Steel Limited – (49%)

54

Jupiter Bioscience Ltd. - (70%)

55

Kamdhenu Ispat Ltd. (49%)

56

Karuturi Networks limited (74%)

57

KEI Industries Ltd. - (49%)

58

Kotak Mahindra Bank Ltd (35% w.e.f. 12-10-2012, updated from earlier limit of 33%)

59

KPIT Cummins Infosystems Limited (49%)

60

Laxmi Energy & Foods Ltd (Lakshmi Overseas Industries Ltd) (49%)

61

Lloyd Electric & Engineering Ltd (74%)

62

Logix Microsystems Ltd - (74%)

63

Micro Technologies (India) Limited (49%)

64

Maharashtra Seamless Limited (40%)

65

McDowell Holdings Ltd -(49%)

66

Mercator Lines Ltd (70%)

67

Monnet Ispat & Energy Limited (40%)

68

Moser Baer India Ltd (74%)

69

MARG Limited (40%)

70

McLeod Russel India Limited (40%)

71

Network 18 Media & Investments Limited (Formerly Network 18 Fincap Ltd) - 49% (FIIs/NRIs/PIO upto 40%)

72

Neha International Limited (49%)

73

Nagarjuna Construction Company Ltd. (74%)

74

Nava Bharat Ventures Limited (40%)

75

NITCO Tiles Ltd. (60%)

76

Northgate Technologies Ltd (74%)

77

Om Metals Infra projects Ltd.(49%)

78

Opto Circuits (India) Ltd (40%)

79

Paramount Communications Ltd (39%)

80

Patni computers Ltd (74%)

81

Pioneer Investcorp Limited (40%)

82

Pritish Nandy Communications Ltd (60%)

83

Provogue (India) Ltd. (49%)

84

Piramal Healthcare Limited (49%)

85

PTC India Ltd. - (60%)

86

Punjab Tractors Ltd. (64%)

87

PVR Ltd (50%)

88

Pyramid Saimira Theatre Ltd. (40%)

89

M/s. Prime Securities Limited (74%)

90

Parekh Aluminex limited (74%)

91

Precoated Steels Limited (49%)

92

Peninsula Land Limited (40%)

93

Parsvnath Developers Limited (40%)

94

Rajesh Exports Ltd (49%)

95

Rolta India Ltd (75%)

96

Sakthi Sugars Ltd (50%)

97

Sanghvi Movers Ltd.(49%)

98

Satnam Overseas Ltd (51%)

99

Satyam Computer Services Ltd (60%)

100

Shree Renuka Sugars Ltd. – (49%)

101

Sical Logistics Ltd. (49%)

102

Sintex Indiastries Ltd. (74%)

103

Srei Infrastructure Finance Ltd (64%)

104

Subex Systems Ltd. (74%)

105

Sun Pharma Advance Research Company Ltd. (49%)

106

SSI Ltd (74%)

107

SESA GOA Limited (45%)

108

Soma Textiles & Industries Ltd. (74%)

109

Suzlon Energy Limited –(49%)

110

Tata Motors Ltd.(35%)

111

Tata Tea Ltd (35%)

112

The Tata Power Company Ltd (35%)

113

The Jammu & Kashmir Bank Ltd. (40%)

114

Tanla Solutions Ltd. (49%)

115

Temptation Foods Ltd. -(74%)

116

Tourism Finance Corporation of India Ltd (49%)

117

Tulip IT Services Ltd. (40%)

118

Unichem Laboratories Ltd (39%)

119

United Spirits Limited (59%)

120

Vaibhav Gems Ltd (60%)

121

Vakrangee Softwares Ltd. (49%)

122

Venus Remedies Limited- (49%)

123

Voltas Limited (30%)

124

WELSPUN Gujarat Stahl Rohren Limited (49%)

125

Zicom Electronic Security System Ltd (74%)

126

S.E Investments Limited (74% - 28.01.2010)

127

KRBL Limited (49% w.e.f. – March 15, 2010)

128

Su-raj Diamonds and Jewellery Limited (65% w.e.f. 27.10.2010 updated from earlier limit of 49% w.e.f. – March 30,2010)

129

Hathway Cable & Datacom Limited – (49% w.e.f.-May 21,2010)

130

Rei Agro Limited (75% w.e.f.July 7, 2010)

131

Rural Electrification Corporation Ltd (35% w.e.f.30.9.2010).

132

Cox and Kings (India) Limited (74% w.e.f.-October 5, 2010)

133

GMR Infrastructure Limited (35% w.e.f.October 22, 2010)

134

GCV Services Limited (49% w.e.f. December 23, 2010)

135

IVRCL Assets & Holdings Limited (49% w.e.f. 7.2.2011)

136

SVC Resources Ltd. (49% w.e.f. 9.2.2011)

137

Marico Limited (35% w.e.f.25.2.2011)

138

Compuage Infocom Limited (49% w.e.f. 4.3.2011)

139

Lupin Limited (33% w.e.f. 28.4.2011)

140

Tecpro Systems Limited (49% w.e.f. 6.5.2011)

141

Era Infra Engineering Limited(65% w.e.f. 12.5.2011)

142

VA Tech Wabag Limited (49% w.e.f.16.6.2011)

143

Jubilant FoodWorks Limited ( 49 % w.e.f 26.08.2011)

144

Info-Drive Software limited (49 % w.e.f. 26.08.2011)

145

Gitanjali Gems Ltd ( 50% wef 16.09.2011)

146

Mahindra & Mahindra Financial Services Ltd ( 49 % wef 03.10.2011)

147

Jain Irrigation Systems Limited ( 60% wef 17.10.2011)

148

The Karur Vysya ank Limited ( 35 % wef 17.10.2011)

149

Nava Bharat Ventures Ltd (60 % wef 18.11.2011)

150

Polaris Financial Technology Limited (49.90% wef 20.12.2011)

151

SKS Microfinance Limited (74% wef 6.1.2012)

152

Just Dial Limited (49% wef 20.1.2012)

153

Dewan Housing Finance Corporation Limited (60% wef 02.02.2012)

154

Kavveri Telecom Products Limited (35% wef 09-04-2012)

155

VKS Projects Limited (40% wef 05-09-2012)

156

AIA Engineering Limited (49% w.e.f. 12-09-2012)

157

HCL Technologies Limited (30% w.e.f.11-10-2012)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO SECTORAL CAP/STATUTORY CEILING OF THEIR PAID UP CAPITAL

1

AZTEC Software and Technology Services Ltd - (100%)

2

Dynamatic Technologies Limited -(100%)

3

Educomp Solutions Limited. –(100%)

4

Gateway Distriparks Ltd - (100%)

5

Geodesic Information Systems Ltd- (100%)

6

Geometric Software Solutions Ltd – (100%)

7

Gujarat NRE Coke Limited -(74%)

8

HCL Infosystems Ltd. – (100%)

9

Hexaware Technologies Ltd – (100%)

10

Housing Development and Infrastructure Limited – (100%)

11

Indiabulls Real Estate Limited –(100%)

12

Indiabulls Financial Services Ltd – (100%)

13

Indiabulls Securities Limited - (100%)

14

Indiabulls Power Limited (100%)
(formerly Sophia Power Company Limited)

15

Infotech Enterprises Limited (100%)

16

Infosys Technologies Ltd. – (100%)

17

IVRCL Infrastructures & Projects Ltd (100%)

18

India Infoline Ltd. (100%)

19

Mascon Global Ltd. – (100%)

20

Mphasis BFL Ltd – (100%)

21

Orbit Corporation Limited (100%)

22

Pentamedia Graphics Ltd.- (100%)

23

Pentasoft Technologies Ltd. – (100%)

24

Prajay Engineers Syndicate Limited – (100%)

25

Punj Lioyd Limited (100%)

26

IFCI Limited. (74%)

27

Reliance Communications Ltd – (74%)

28

Sujana Metal Products Ltd - (100%)

29

Sujana Towers Limited-(100%)

30

Sujana Universal Industries Ltd - (100%)

31

Shrenuj & Company Limited- (100%)

32

Unitech Limited – (100%)

33

Interworld Digital Limited (100%)

34

Shobha Developers Limited (100% - Feb 3, 2010)

35

Everonn Education Ltd. (100% w.e.f.June 4, 2010)

36

Redington (India) Limited (100% w.e.f. November 29, 2010)

37

Indiabulls Wholesale Services Ltd (100% w.e.f August 23, 2011)

38

eClerx Services Limited ( 100% wef December 20, 2011)

39

Indiabulls Infrastructure and Power Ltd (100% w.e.f Jan 20,2011)

40

Housing Development Finance Corporation Limited (100% w.e.f. May 24, 2012)

41

Phoenix Mills Limited( 100% w.e.f. July 27 2012, Revised from earlier limit of 49%)

42

MindTree Limited (100% w.e.f.23-08-2012)

43

Gayatri Projects Limited( 100 %w.e.f. 21-11-2012)

LIST OF PRINT MEDIA COMPANIES IN WHICH FDI / FII INVESTMENT IS ALLOWED

1

Jagran Prakashan -26%

2

Deccan Chronicle Holdings Ltd – 24% (FIIs upto 14%)

3

IBN 18 Broadcast Ltd.-26%

Companies in which overall FII ceiling has reached and no further purchases are allowed Companies falling under 24 %

1

Pantaloon Retail (India) Ltd.

2

Panyam Cements and Minerals Industries Ltd.

3

Elpro International Limited (wef 25.08.2011)

4

Anil Modi Oil industries Ltd (wef 25.08.2011)

5

Voltamp Transformers Limited(wef 26-09-2012)

Companies falling under 30 %
None

Companies falling under 49% limit
None

Companies where 38% FII limit has been reached and further purchases are allowed with prior approval of RBI.
None

Companies where 28% FII limit has been reached and further purchases are allowed with prior approval of RBI.
None

Companies where 22% FII limit has been reached and further purchases will be allowed with prior approval of RBI

1

Grasim Industries Limited

2

GSS Infotech Limited (GSS America Infotech Limited) (w. e. f. 25-9-2012)

Companies where NRI/PIO Investment has already reached 10 % and no further purchases can be allowed

1

Chandraprabhu Housing Ltd

2

Coxswain Technology Ltd (Kaveri Biotech Ltd)

3

Dev Sugars Ltd

4

Dharendra Industries Ltd

5

DSQ Biotech Ltd

6

Fintech Communications

7

IQMS Software Ltd

8

Kakatiya Cement Sugar & Industries Ltd

9

Madras Aluminium Co. Ltd.

10

Rama Phosphates Ltd

11

SGN Telecom

12

SPL Ltd.

13

Squared Biotech Ltd

14

Tai Industries Ltd.

15

Goldcrest Finance (India) Limited (w.e.f. 14.11.2011)

16

Khodiyar Industries Limited ( w. e. f. 17-09-2012)

17

Parekh Aluminex Limited (w.e.f. 12-10-2012)

Companies where the NRI investment has reached the trigger point of 8% and further purchases are allowed only with prior permission of RBI

1

Codura Exports Ltd

2

Cosmo Films Ltd

3

Dalmia Cement (Bharat) Ltd

4

Deccan Cements Ltd

5

Garden Silk Mills Ltd.

6

Nexus Software Ltd

7

Polyplex Corporation Ltd

8

Premier Explosives Ltd

Companies in which the Ban limit in respect of maximum permissible foreign holding including GDR/ADR/FDI/NRI/PIO/FII Investment as stipulated by Government has been reached.

Pantaloon Retail (India) Ltd.

Companies in which the Caution limit in respect of maximum permissible foreign holding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated by Government has reached.

None

Print Media Companies in which the Caution limit in respect of maximum permissible foreign holding including FDI/NRI/PIO/FII Investments as stipulated by Government has reached.

None

Print Media Companies in which the Ban limit in respect of maximum permissible foreign holding including FDI/NRI/PIO/FII Investments as stipulated by Government has reached.

None

Public Sector banks in which 20% limit has been reached and no further investments are permitted

None

Public Sector banks in which 18% caution limit has been reached and further purchases by FIIs/NRIs/PIOs are allowed only with prior permission of RBI

1

Punjab National Bank

2

Dena Bank

Private Sector Banks in which the Caution limit in respect of maximum permissible foreign holding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated by Government has reached

1

The South Indian Bank Limited

Private Sector Banks in which the Ban limit in respect of maximum permissible foreign holding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated by Government has reached

None

Private Sector Banks in which the Caution limit in respect of FIIs Investment has reached.

None

Private Sector Banks in which the Ban limit in respect of FIIs Investment has reached.

None

 

Further purchases are allowed only with prior permission of RBI.

 

No further purchases are allowed.

Topics

Acts Income Tax