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
    Commerce Secretary Shri Rajesh Agrawal Co-Chairs India-Brazil 8th Trade Monitoring Mechanism Meeting
    NPCI International and Uzbekistan’s NIPC Partner to Enable UPI Payments Across Uzbekistan via UZQR
    Flymore Aviation Expands Access to Aviation Education Through Affordable Mobile Learning App
    Rajnath to review performances of 16 defence PSUs with focus on indigenous tech, innovation
    SC dismisses SBI's plea challenging NCLAT order on PF, gratuity dues to ex-Jet Airways staffers
    Rupee rises 26 paise to close at 95.17 against US dollar
    India Has Solved Financial Access. Has It Solved Financial Confidence?
    Hyundai Capital Officially Launches Financial Services Operations in India
    Pinarayi Vijayan slams NCLT order on Subhash Chandra repayment plan
    Rupee falls 13 paise to 95.56 against US dollar in early trade
    CBN seizes 66.80 lakh psychotropic tablets in major inter-state pharmaceutical diversion case under Operation Vajra 2.0; one arrested
    DRI seizes around 18 Kg Amphetamine and MDMA in two operations as it intensifies crackdown on synthetic drugs; Four persons arrested
    India–Chile CEPA Negotiations Advance; Commerce Secretary Shri Rajesh Agrawal Meets Chilean Vice-Minister Paula Estévez Weinstein
    Sugar prices remain firm across India despite govt measures to check rise
    Keralam MVD to introduce Aadhaar OTP verification for 60 more services from Sept 21
    Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Chandra's insolvency plan
    Over 2.63L appear in NEET-PG; re-test announced for candidates at 2 Jaipur centres
    Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha polls
    India emerges as key petrol supplier to Russia as refinery attacks disrupt fuel supplies
    Judiciary proactively responded to emerging fraudulent schemes like digital arrest: CJI
❯❯
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 31, 2026
Show AI Summary
Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
Show AI Summary
Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
Show AI Summary
Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
Show AI Summary
Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
Show AI Summary
Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
Show AI Summary
Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
Show AI Summary
Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
Show AI Summary
NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
Show AI Summary
Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.
August 31, 2026
Show AI Summary
Foreign exchange market intervention seeks to limit rupee depreciation amid oil-price pressure, dollar strength, and capital outflows.
Foreign exchange market conditions put the rupee under depreciation pressure amid higher crude oil prices, geopolitical risks, stronger US dollar conditions, expectations of tighter US monetary policy and foreign equity outflows. RBI market intervention was reported to contain significant depreciation. Improved foreign-currency non-resident bank deposit flows and higher foreign exchange reserves supported investor sentiment and the external liquidity position.
August 31, 2026
Show AI Summary
Psychotropic medicine diversion faces NDPS enforcement where controlled tablets allegedly travel without statutory documentation and traceability details.
Enforcement action under the Narcotic Drugs and Psychotropic Substances Act, 1985 addressed alleged inter-State diversion of psychotropic medicines transported without statutory documentation. A truck carrying Alprazolam, Tramadol, Nitrazepam and Clonazepam tablets was intercepted; the medicines and vehicle were seized and one suspect was arrested. Preliminary examination indicated erasure of identifying batch and date details and transport of region-restricted medicines without invoices, bilty or e-way bills. Investigation concerns the manufacturing, supply and distribution network involved.
August 31, 2026
Show AI Summary
Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
Show AI Summary
India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
Show AI Summary
Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
Show AI Summary
Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
Show AI Summary
Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
Show AI Summary
Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
Show AI Summary
Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.
August 30, 2026
Show AI Summary
Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.
August 30, 2026
Show AI Summary
Digital arrest fraud: judicial responses seek a distinct offence while preserving due process and proportionality in economic-crime enforcement.
Suo motu consideration of digital-arrest fraud reflects a proactive judicial response to video-call scams involving impersonation of police, judicial officials or bureaucrats. The Union and the States have been directed to assess the problem, with a call for a distinct offence carrying proportionate penalties. Economic-crime enforcement remains subject to safeguards requiring written grounds of arrest and preventing pre-trial detention from becoming punishment. Due process, proportionality and the presumption of innocence remain central constraints.

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