Breaking News
Tuesday , August 22 2017
Home / INDIA (page 5)


RBI caps FII investment in CCL Products

Reserve Bank of India (RBI) has notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) in CCL Products (India) has crossed limit of 24% of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on ... Read More »

EPFO may reduce PF Contributions to 10%

Trustees of retirement fund body EPFO may approve a proposal tomorrow to reduce the mandatory contributions toward social security schemes run by it to 10 percent for workers as well as employers. Presently, employees and employers contribute 12 percent of basic wages each towards Employees Provident Fund Scheme (EPF), Employee ... Read More »