Foreign Controlled Companies in the Indian Economy

FOREIGN CONTROLLED COMPANIES IN INDIA:
AN ATTEMPT AT IDENTIFICATION
Biswajit Dhar
An assessment of the nature and extent of foreign control in the Indian economy
necessitates a discussion on the concepts and definitions of what can be considered a
foreign controlled enterprise. The need for such a discussion arises primarily because of
the absence of any clear official definition of foreign capital in the country. One would
normally presume that different administrative wings of the Government, like the
Ministries of Company Affairs, Industrial Development and Finance, who administer
various regulations, would not only have conceptual clarity but would also have evolved a
legal framework to deal with different forms of foreign private capital including the
Transnational Corporations (TNCs). TNCs are not recognised as any one variety of
companies by the Indian laws. There is no legal definition of a TNC.
Foreign private capital has been treated by different agencies in the Government in
different ways. The dissimilarity in approaches of the agencies is particularly a marked one.
The Companies Act, 1956, enacted in 1956 treats an undertaking as a 'branch' of a foreign
company if the parent office of the undertaking is incorporated elsewhere than India
(Section 591). Under Section 4 of the Companies Act 'a subsidiary' of a company would
be an undertaking in which more than half the voting rights are vested in one company.
Indian subsidiaries of foreign companies in popular parlance are known as foreign
subsidiaries. The subsidiary concept, however, implies that the majority voting rights
should vest in one corporate entity only. If the majority rights are held by two companies,
(even when the two happen to be associates or subsidiaries of the same holding company)
the undertaking can not be treated as a 'subsidiary of a foreign company'.
The Foreign Exchange Regulation Act, 1973 (FERA) requires companies
registered in India and having more than 40 per cent foreign equity and branches of foreign
companies operating in India to register themselves with the Government. Section 29 (1)
of FERA stated that a company (other than a banking company) which is not incorporated
under any law in force in India or in which the non-resident interest is more than forty per
cent, or any branch of such company, shall not, except with the general or special
permission of the Reserve Bank,
(a)
carry on in India, or establish in India a branch, office or other place of
business for carrying on any activity of a trading, commercial or industrial
nature, other than an activity for carrying on which permission of the
Reserve Bank has been obtained under Section 28; or
(b)
acquire the whole or any part of an undertaking in India of any person or
company carrying on trade, commerce or industry or purchase the shares in
India of any such company.
(Section 28 of FERA imposed restrictions on the appointment of technical and
commercial advisers and also on the use of trade marks by companies having a foreign
stake in equity exceeding forty per cent and branches of foreign companies)
The guidelines for the implementation of FERA issued in December,
1973,
2
allowed foreign share in equity upto 74 per cent in certain categories. The exemptions
made were for companies:
(a)
engaged in manufacturing activities falling under the list of priority
industries, covered under Appendix I of Industrial Licensing Policy,
February, 1973;
(b)
predominantly manufacturing for exports, (minimum exports being 60 per
cent of total production);
(c)
utilising sophisticated technology;
(d)
tea plantations;
(e)
in trade but have developed skills or facilities (distribution network etc.)
not indigenously available and contributing significantly to exports;
(f)
branches of foreign companies engaged in shipping, airlines etc. (to be
1
decided on reciprocal basis).
Subsequently, in 1976, several other groups of companies were allowed a foreign
share exceeding 40 per cent. Companies exporting 40 per cent of total production were
2
allowed a maximum of 51 per cent foreign equity. A similar treatment was proposed to
be extended to companies in which production of items falling under Appendix I of the
Industrial Licensing Policy together with activities requiring sophisticated technology and
3
exports, accounted for not less than 60 per cent of annual turnover.
The companies registered under FERA are treated as a special category of
companies and most of the times these are obliged to follow similar rules as specified for
Companies registered under the Monopolies and Restrictive Trade Practices Act
(MRTPA). The difference between the Companies Act and the FERA as regards treatment
of foreign companies is on two counts, namely, (i) the companies having more than 40 per
cent equity held abroad (individually or jointly) are treated as a special category whereas
the Companies Act followed the concept of majority equity; and (ii) Companies Act does
not view the companies from the angle of the nature of activity whereas the FERA permits
more than 40 per cent equity in certain specific areas of activity only.
In pursuance of the request of the International Monetary Fund the Reserve Bank
1.
Goyal, S.K., The Impact of Foreign Subsidiaries on India's Balance of Payments, A study
prepared for the Joint CTC - ESCAP Unit, Bangkok, 1979, p. 6.
2.
India "Guidelines for Administering Section 29 of Foreign Exchange Regulation Act, 1973",
Ministry of Finance, Dept of Economic Affairs, December 20, 1973, reproduced in Iyer K.V.
and Kumar L.R., Foreign Collaboration in Industry : Policies and Procedures, Vol. II, Indu
Publications, 1985, New Delhi, pp. ECR 21-27.
3.
India "Clarification and Amplification of Guidelines issued for Administering Section 29 of
FERA, 1973", Ministry of Finance, Dept of Economic Affairs, April 16, 1976, ibid., pp ECR
28 ff.
3
4
of India (RBI) undertook Census of India's Foreign Liabilities and Assets (1948)
(CIFLA). RBI examined various concepts and definitions for the CIFLA. The RBI
concluded that a company could be treated as a foreign controlled company if , (a) 40 per
cent or more of its shares were owned in any one country outside India, (b) it was a
subsidiary to a parent company in any country registered abroad, (c) 25 per cent or more
of its shares were owned by a foreign-controlled Indian Joint Stock Company, which was
not a managing agent, and (d) it was a company managed by a foreign-controlled
5
managing agency company. The exercise was repeated by the RBI in the same format
upto 1961 after which the RBI has been publishing an annual survey of "India's
International Investment Position" of the (a) branches; (b) subsidiaries of foreign
companies, and (c) a selected number of other undertakings having foreign equity capital.
In these RBI, for purposes of the annual surveys, takes 25 per cent or more of foreign
6
equity in a company as a basis for classifying a company as under "foreign control."
The diverse ways in which different wings of the Government have tried to identify
a foreign controlled company raises the question as to what should be the percentage of
voting rights that can be considered as adequate to classify a company as 'foreign
controlled'? The criteria for classification as foreign controlled or otherwise, should be of
necessity be based on a variety of socio-economic and business realities of the country and
the times. In an economy where foreign capital is at premium and no restrictions are
placed on their operations, most of the foreign controlled companies may indeed be in the
form of foreign branches or 100 per cent foreign owned. On the other hand, if there were
restrictions on the level of ownership, a foreign company may forgo the ownership rights
but ensure hold over management through non-equity forms of participation. Also, the
extent of share holding requirements to retain management control may vary depending on
the nature and spread of share holders. These questions have found a place in a few
important public documents which we shall discuss below.
In India, efforts at identification of groups of inter-connected undertakings, having
7
common control and management have been undertaken from time to time.
In this
regard conglomerates have been described as Business Houses, Industrial Houses, Big
Business, or Monopoly Houses to underline the fact that business undertakings although
4.
R B I, Report on the Census of India's Foreign Liabilities and Assets, as on 30th June, 1948,
Examiner Press, 1950.
5.
ibid., p. 36 ff.
6.
The RBI adopted this definition after 1970-71. By way of a footnote to the survey, the RBI
introduced the new definition which has been followed ever since, see, "Finances of Branches
of Foreign Companies and Foreign Controlled Rupee Companies", Reserve Bank of India
Bulletin, October, 1973.
7.
Prior to 1970 the Indian economic system had the institution of 'managing agents'. The
system was helpful in identifying the 'management control' even if the pattern of share
holding was widely dispersed. The Managing Agency System was a legacy of the colonial
rule and it played an important role in the economic structure of the pre-independence period
and was abolished in 1969.
4
each one having a separate legal identity and status, have often common control and
8
formal and informal mechanisms of business coordination. In India, the business
coordination has generally centered around families and as a consequence, most
conglomerates are known after one or the other 'family' name (Tata, Birla, Thapar, Modi,
etc.,). For a variety of reasons, foreign companies, subsidiaries or other closely related
companies have never been grouped together in India to reflect the magnitude of
9
worldwide operations of the conglomerate operating in the country. India continued to
be the reference point for the in-groupings. This practice has introduced a major weakness
in the Indian regulatory laws relating to foreign private investment. For instance, for
MRTPA regulations, many of the large international conglomerates did not attract the
anti-monopoly provisions because the Indian enterprise (a Branch, a foreign subsidiary or a
foreign controlled or associate) is seen in itself as an entity independent of other corporate
associates in the world.
For the present exercise indicators of "control" have been
applied in a similar manner as is generally attempted for determining House association of
corporate bodies in India. It may be recalled that apart from the individual attempts to
10
determine the composition of Big Business Houses (R.K. Hazari and Asoka Mehta), the
first official exercise at determination of House composition was undertaken by the
Monopolies Inquiry Commission (MIC) in 1964. For determining the nature of
11
management control the criterion adopted by MIC was majority equity. The majority
equity concept was adopted on the assumption that one needs to have more than 50 per
cent shares to enjoy undisputed control over a company's management. The Industrial
Licensing Policy Inquiry Committee (ILPIC) in 1969, argued that one does not require
majority equity to gain control over a company. Since there are important non-voting
shareholders (like public financial institutions, insurance companies and trusts, who hold
large blocks of shares) the equity criterion should be applied at one-third of the 'effective
12
equity.'
The MRTPA initially adopted a similar approach as that of the ILPIC but with a
8.
Goyal, S.K., Monopoly Capital and Public Policy, Allied Publishers, 1979, p. 1-2.
9.
While these concepts exist, at no time the Company Law Department (CLD) or any other
official body has undertaken an exercise to identify companies under the same management,
especially in the regard to companies having foreign equity holdings. The CLD has taken a
view that `foreign' located share holders have to be treated as independent of each other
because Indian Corporate Laws cannot be extended to foreign share holders. There,
undoubtedly, would be difficulties in tracing international linkages, but with `right to
information' in countries like USA and publication Business Directories it is a task to be
taken up by agencies like the CLD. In this regard the setting up of CTC and their corporate
profiles and information system can prove of considerable advantage.
10.
Hazari, R.K., The Structure of Corporate Private Sector, 1966, and Mehta, Asoka, Who
Owns India, Hyderabad, 1950.
11.
India, Report of the Monopolies Inquiry Commission, 1965, Vol.1, p. 5.
12.
India, Report of the Industrial Licensing Policy Inquiry Committee (ILPIC), Main Report, p.
15. The concept of 'House' or Big Business has been discussed in detail in Goyal, S.K.,
Monopoly Capital and Public Policy, especially Chapter 3.
5
difference. MRTPA took one-third of total equity as opposed to 'effective equity' taken by
ILPIC to identify control by a group. Subsequently the changed criterion to one-fourth of
13
the total equity through an amendment. The primary purpose of citing the ILPIC and
MRTPA is to underline that the FERA approach for identifying a foreign controlled is
more liberal than the general approach adopted by the ILPIC or the MRTPA with regard
to determination of control for the Indian companies. If one were to take the well known
and internationally accepted business practices the FERA approach would seem to be only
too liberal and out of tune with business realities of the present day. For instance, the Who
Owns Whom an international business directory takes 10 per cent share holding as a basis
14
to classify companies as 'associates'.
The International Monetary Fund (IMF), at one time had suggested 25 per cent or
more ownership by a single holder or organised groups of holders in an investor country as
15
a basis to categorise a company as a foreign controlled one. Subsequently, the Fund has
revised its definition as it had found that control can be exercised with a share as low as 10
16
per cent of voting rights or equity capital.
Most of the industrially advanced countries take a lesser share of foreign equity for
identifying "foreign control" over an enterprise. For instance, in Japan, an undertaking with
20 per cent or more of foreign equity is treated as foreign controlled. France has also
adopted 20 per cent foreign equity as the dividing line between foreign controlled
companies and those controlled by French nationals. USA generally takes a lower
percentage of foreign equity holding to identify "foreign controlled companies". A survey
conducted by the U.S. Department of Commerce in 1975 defined a "foreign controlled
17
firm" as one having ten per cent or more of foreign equity.
Several studies on the structure and control in the corporate sector show that
18
control over an enterprise can be exercised with a small minority of votes. With ever
13.
Chalapati Rao, K.S., "A Study of Inter-Connections under the MRTP Act. In the Context of
the Proposed Asset Limit Hike", Corporate Studies Group Working Papers, Vol.I, 1985, fn.
7. Also published in Economic and Political Weekly, July 6, 1985.
14.
Who Owns Whom : A Directory Showing Links Between Parent, Subsidiary and Associate
Companies and Membership of Consortia, London, Dun and Bradstreet Ltd, 1978, p. xi.
15.
IMF, IMF Balance of Payments Year Book: Concepts and Definitions, 1964. Washington
D.C., November 1964, quoted by Billerbeck, K. and Yasugi Y, "Private Direct Foreign
Investment in Developing Countries", World Bank Staff Working Paper No. 348, July 1979,
p. 47.
16.
IMF, Balance of Payments Manual, Fourth Edition. Washington D.C. 1977, quoted by
UNCTC, Salient Features and Trends in Foreign Direct Investment, United Nations, 1983,
p. 26
17.
See: U S A, Dept of Commerce, Foreign Direct Investment in the United States, April 1,
1976.
18.
Nymen, Steve and Silberston, Aubrey, The Ownership and Control of Industry, Oxford
Economic Papers, No 1, March 1978, pp. 74-101, quote a series of studies where the question
of corporate control through ownership of total votes have been discussed. Berly and Means,
The Modern Corporation and Private Property, 1932, suggested that control can be exercised
6
expanding number of shareholders combined with inter-corporate investments and
presence of large institutional (not voting) share holders , the management control can be
exercised by a very small group of share holders who may have only a marginal stake in
19
the overall risk capital.
The process of the widening spread of shareholders gets,
invariably, strengthened due to the operation of the stock exchanges. The data compiled by
us at the Institute for Studies in Industrial Development (ISID) show that in most of the
large companies the managements hold a far lower percentage of equity than what is
generally considered necessary to gain or retain the control. For instance, in India's
largest private sector company, the Tata Iron and Steel Co., the share holdings of the Tata
House are placed around only 2 per cent. The share of the Directors of the company was
0.08 per cent only. The inter-corporate investments accounted for 8.11 per cent. Even if
one assumes that the above mentioned investments are by the Tata house companies (in
reality it is not so), the total stake of the controlling Business house would be less than 10
per cent. ILPIC had found that the phenomenon of control through the ownership of a
small share of votes was quite common and to substantiate this point it gave an illustrative
list of companies in which the controlling group had a share which was less than 10 per
20
cent in total equity.
The Indian regulations prescribe a minimum share in equity capital which must be
held by the promoters. The statutory minimum is dependent on the size of the companies;
it varies between 10 and 15 per cent for companies whose sizes are more than Rs. 2 crores
and less than Rs. 1 crore. We consider that (i) in view of the widely accepted practice a
lower percentage of equity holding by non-nationals should be taken to indicate "foreign
control"; and (ii) there is need to take note of the non-equity forms of management control.
In the present exercise foreign controlled companies (FCCs) have been identified on the
basis of a 10 per cent or more of foreign holding in equity. Most companies identified by
us as FCCs have business links and collaborations beyond equity participation. There are
technical collaborations, nominations of foreign directors on their Boards and consultancy,
marketing arrangements, trade marks and patent obligations and many a time sharing of
by holding 20 to 50 per cent of total votes. Later, Larner, Management Control and the
Large Corporation, 1970, suggested that even with 10 per cent of votes control can be
exercised. An official report of the U.S. Government, in 1968, (Patman Committee)
Commercial Banks and their Trust Activities found that 5 per cent of total votes was
sufficient for control. This view was corroborated by Chevalier, "The Problem of Control in
Large American Corporation", Anti-Trust Bulletin, 14, 1969.
19.
In a number of large companies in India, public sector financial institutions have been found
to hold a substantial share of equity capital. In companies like Tata Electric and Locomotive
Co. Ltd. (TELCO), Tata Iron and Steel Co. Ltd. (TISCO) and Voltas, public sector financial
institutions held more than 40 per cent of the total equity share. Some companies, like
Escorts and Kirloskar Pneumatic the public sector financial institutions held more than 50
per cent of the shares. This point has been discussed in Goyal, S.K., "Private Managements
and Take Overs of Public Owned Companies", Corporate Studies Group Working Papers,
Vol. I, p. 118- 131.
20.
India, Report of the Industrial Licensing Policy Inquiry, p. 16.
7
common top level managerial pool. A few companies in this category belong to the large
industrial houses (LIH), and these include Mahindra and Mahindra, Kirloskar Electric, Tata
21
Engineering and Locomotive Co. Ltd. (TELCO) and Khatau Junker. This, in our view, is
significant from the point of identifying the dominant influence in enterprises where the
Indian partner belongs to the more powerful of the business groups operating in India.
The data we have put together in the Annexures below have been compiled from
various sources. The main sources are the balance sheets of the companies in the
Corporate Studies Group. The official directory of the Bombay Stock Exchange and the
Statistics of the Controller of Capital Issues under the Ministry of Finance are the two
other sources from which we have collected the data.
In Annexure I we have provided a consolidated list of 419 Foreign Controlled
Companies (FCCs) identified by us along with data on percentage of foreign holding, total
paid up capital and total assets for the year we have been able to gather information. In
Annexures II to VI we have provided different categories of foreign branches in 1984.
Annexure II gives a list of active branches in India which are operating in areas other than
air and sea transport and banking. Branches in these two areas are listed in Annexures III
and IV. In Annexure V we have provided a list of liaison offices. These enterprises are
treated at par with other branches by the Companies Act. In Annexure VI we have listed
the branches which appear in the official list of branches provided by the Department of
Company Affairs, but have not submitted their annual returns after 1980.
Annexure VII contains a list of all the new foreign controlled companies that have
been established in the period between 1984 and December 1985. For this set of
companies, financial data are available only in respect of the paid up capital and the
percentage of foreign holding. And finally, in Annexure VIII we have listed Government
companies which have foreign share in excess of 10 per cent in 1983-84.
21.
In Mahindra Ugine Steel Company Ltd, a prominent company belonging to the Mahindra
House, there were 4 foreign directors on the board in 1984. In a number of companies like
Khatau Junker (Khatau House), Mahindra and Mahindra (Mahindra), Kirloskar Electric Co.
(Kirloskar), there were two foreign directors on the board, while companies like TELCO, and
Hindustan Sanitaryware had one foreign director.
Annexure - I
List of Foreign Controlled Companies Operating in India in 1984
Name
(1)
Foreign Associate
(2)
House
Association
(3)
Ind
Cl
Yr
Inc
Ref
Yr
% of
Foreign
Holding
(5)
(6)
(7)
(8)
UK
UK
Sweden
UK
UK
3.49
3.49
4.71
3.80
3.59
60
45
60
46
56
84
82
82
84
84
48.99
40.00
20.00
40.00
40.00
95.52
225.00
110.00
225.00
32.00
215.30
261.26
451.37
1022.60
542.74
USA
UK
UK
UK
3.80
3.59
3.60
3.49
3.69
56
63
65
19
37
84
83
84
84
84
40.00
18.25
40.00
40.00
51.00
280.29
24.00
280.00
105.00
481.24
3269.26
141.55
590.89
1431.28
0.00
602.26
0.01
30.00
219.84
49.80
0.00
0.01
272.93
2217.70
388.84
(4)
A P E Bellis India Ltd
A P V Texmaco Ltd
A R Packaging Systems Ltd
Abbott Laboratories India Ltd
Acrow India Ltd
Northern Engg Inds Plc
A P V Holdings Ltd
A B Akeslund & Rausing
Abbott Laboratories
Acrow Ltd
Aegis Chemical Inds Ltd
Ahura Welding Electrode Mfrs Ltd
Albright Morarji & Pandit Ltd
Alfred Herbert India Pvt Ltd
Alkali & Chemical Corpn of India Ltd
East Africa Match Co
Allwyn Nissan Ltd
Amexco Nominees Pvt Ltd
Amgoori India Ltd
Antifriction Bearing Corporation Ltd
Arora Matthey Ltd
Nissan Motor Corpn
American Express Co
Amgoorie Invt Ltd
Creditanstalt Bankverein
Japan
USA
UK
Austria
UK
3.22
6.01
0.30
3.59
3.59
83
63
77
59
64
84
83
83
84
84
40.00
100.00
73.33
20.16
40.00
Ascu Hickson Ltd
Asea Ltd
Ashok Leyland Ltd
Asian Agro Farm India Ltd
Aspinwall & Co Ltd
Hickson Timber Co
Asea Ab
British Leyland Ltd
Ashok Leyland
UK
Sweden
UK
USA
UK
4.59
3.39
3.22
0.20
6.30
64
50
48
61
20
84
84
84
84
82
11.94
31.17
46.06
50.00
55.22
Assam Co India Ltd
Assam Frontier Tea Co Ltd
Inchcape Group
Assam Forntier Tea Hldgs L
Apeejay
UK
UK
0.30
0.30
77
77
84
84
74.00
74.00
Albright & Wilson
Herbert Ltd
ICI
Jardine Hendrs
Birla
Swedish Match
Country of
Foreign
Associate
Walchand
Dharamsi Morar
Kirloskar
ICI
PUC
Assets
--------------------(Rs. Lakhs)
(9)
(10)
62.00
142.79
190.33 2372.82
1813.00 28623.61
12.50
80.87
35.88
469.41
350.00
300.00
2050.47
1954.36
Contd/...
(1)
(2)
Associated Bearing Co Ltd
Astra-idl Ltd
Atic Industries Ltd
Aktiebolaget Svenska Kullager
Astra Pharmaceuticals Ab
I C I Ltd
Atlas Copco (I) Ltd
Audco India Ltd
Aurobrite India Pvt Ltd
Automotive Axles Ltd
Avery India Ltd
Atlas Copco AB
Badulipar Ltd
Bajaj Auto Ltd
Bajaj Tempo Ltd
Bakelite Hylam Ltd
Banco Products (I) Ltd
Badulipar Tea Co Ltd
Baroda Rayon Corpn Ltd
Basf India Ltd
Bata India Ltd
Bayer India Ltd
Bazaloni Group Ltd
Snia Viscosa Spa
Basf Ag
Leader Ag
Bayer Ag
Bazaloni Tea Co Ltd
(3)
(5)
(6)
Sweden
Sweden
UK
3.59
3.80
3.62
61
79
55
84
82
84
51.00
25.77
50.00
882.35
249.61
600.00
8587.90
594.86
3010.40
Sweden
UK
W Germany
USA
UK
3.44
3.39
3.59
3.22
3.49
60
61
61
81
47
84
84
82
84
84
39.91
50.00
33.33
40.00
40.00
487.58
225.00
7.50
825.00
420.00
1924.71
1082.36
38.86
1233.26
1882.37
UK
Switzerland
W Germany
UK
0.30
3.22
3.22
3.64
3.29
80
45
58
47
0
82
84
84
84
84
74.00
10.00
26.07
40.01
34.05
20.00
141.29
318.43
449.92
90.15
267.45
1446.94
8434.92
1977.86
561.34
Italy
W Germany
Switzerland
W Germany
UK
2.63
3.64
2.92
3.89
0.30
58
43
31
58
77
84
84
84
84
84
11.96
50.00
40.00
51.01
74.02
1214.38
284.00
525.00
811.00
64.98
4726.66
3090.92
7418.41
4484.94
384.90
UK
W Germany
UK
3.39
3.44
3.49
1.00
11
0
75
6
84
84
84
84
19.54
40.00
35.00
94.33
360.05
73.13
50.00
14.30
7284.59
0.00
334.48
43.34
Tata
Wallace
Modi
USA
UK
W Germany
UK
USA
3.49
6.01
3.80
6.01
4.40
61
48
59
63
30
84
84
84
84
82
33.33
100.00
38.40
12.31
74.00
127.50
3.50
100.00
552.55
450.00
1678.40
61.09
653.56
3304.37
2793.25
Thapar
T V S Iyyengar
UK
USA
UK
3.80
4.31
3.22
44
62
62
84
84
84
79.50
39.55
49.00
362.27
224.41
598.00
1646.76
1090.46
3400.04
Tata
IDL
ICI
Larsen & Toubro
Rockwell Intl Corpn
Averys Ltd
Daimler Benz
Bakelite Ltd
Best & Crompton Engineering Ltd
Bharat Fritz Werner Ltd
Bharat Westfalia Ltd
Bhulanbararee Coal Co Ltd
Gewerschaft Eisenhardt Westfal
East Indian Coal Co Ltd
Bimetal Bearing Ltd
Blackwood Hodge (I) Pvt Ltd
Boehringer Knoll Ltd
Bombay Burmah Trading Corpn Ltd
Bombay Tyres Intl Ltd
Gould Inc
John Backwood Hodge Co
Boehringer Mannheim Gmbh
Wallace Brothers & Co
Firestone Tire & Rubber Co
Boots Co India Ltd
Borosil Glass Works Ltd
Brakes India Ltd
Boots Co Ltd
Corning Glass Works
Lucas Inds Ltd
Bajaj
Firodia
Union Carbide
Gaekwad F
Khatau
Simpson
(4)
(7)
(8)
(9)
(10)
Contd/...
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
UK
UK
2.30
3.59
18
43
84
84
42.72
100.00
(9)
Britannia Industries Ltd
British Steel Piling Co (I) Pvt Ltd
Huntley & Palmer Foods Plc
Le Bas Invt Trust Ltd
Brooke Bond India Ltd
Buckau Wolf India Ltd
Burroughs Wellcome (india) Ltd
Bush Boake Allen Ltd
C W S India Ltd
Brooke Bond Liebig
Fried Krupp Gmbh
Wellcome Foundation Ltd
Tennessee Inc
Co-operative Wholesale Societ
Brooke Bond
UK
W Germany
UK
UK
UK
0.30
3.49
3.80
3.81
0.30
12
47
48
31
77
84
84
84
84
84
40.03
49.88
100.00
39.74
55.64
1512.21 12066.29
199.57
0.00
50.00 2051.12
108.60
582.55
133.00
752.07
Cambridge Instruments (I) Ltd
Carborundum Universal Ltd
Ceat Tyres of (I) Ltd
Cemindia Ltd
Century Enka Ltd
British Petroleum Ltd
Ceat Spa
Trafalgar House Invts Ltd
Akzo Nv
Murugappa
Goenka
USA
Italy
UK
Netherlands
4.95
4.39
4.40
8.50
3.64
0
54
58
78
65
84
84
84
84
84
16.59
22.52
33.53
31.88
40.37
10.61
0.00
422.94 3957.80
621.44 17194.99
128.02 1175.40
801.02 17773.79
Chemicals & Fibres of (I) Ltd
Chemicals & Plastics (I) Ltd
Chloride India Ltd
Cibatul Ltd
Citurgia Biochemicals Ltd
ICI Ltd
B F Goodrich Co
Chloride Group Ltd
Ciba Ltd
John E Sturge Ltd
ICI
UK
USA
UK
Switzerland
UK
2.63
3.64
3.39
3.64
3.80
61
62
47
60
0
83
84
84
84
84
55.00
25.75
50.92
30.00
35.00
748.36
348.88
1290.92
400.00
300.00
3004.16
2996.56
3455.24
1029.95
1624.62
Cleveland Construction Co Ltd
Clive Street Nominees Pvt Ltd
Coates of India Ltd
Colgate Palmolive (I) Ltd
Colour Chem Ltd
Cleveland Bridge & Engg Co Lt
Grindlays Holdings Ltd
Coates Brothers & Co Ltd
Colgate Palmolive Co
Farbenfabriken Bayer Ag
UK
UK
UK
USA
W Germany
6.01
6.52
3.84
3.81
3.62
57
35
47
37
56
84
84
84
84
84
100.00
100.00
40.00
40.00
32.80
0.10
0.01
110.62
393.00
794.06
1.02
0.01
1024.74
1882.09
4454.56
Communication & Power Eqpt Co Ltd
Consolidated Coffee Ltd
Consolidated Pneumatic Tool Co (I) Ltd
Corn Products Co (I) Ltd
Coromandel Fertilizers Ltd
Renold Ltd
Volkart Brothers Hldgs Ltd
Chicago Pneumatic Holding
C P C Intl
Intl Minerals & Cheml Corpn
Tata
Switzerland
UK
3.10
UK
USA
USA
3.39
43
3.44
2.31
3.65
42
84
84 20.28
57
84
31
84
61
82
26.00
500.85
40.00
40.00
47.00
120.00
335.40
1869.65
436.75 1669.94
75.00
465.17
1533.12 11886.87
Crescent Dyes & Chemicals Ltd
Crompton Greaves Ltd
Cyanamid India Ltd
ICI Ltd
Hawker Siddeley Group Ltd
American Cyanamid Co
ICI
Thapar
Kasturbhai Lal
UK
UK
USA
3.60
3.39
3.80
40.00
37.50
55.00
240.00 1325.52
960.00 12823.08
455.95 1791.91
Birla
Chloride
Kasturbhai Lal
ITC
Khatau
23
47
47
82
84
84
884.14
0.10
(10)
3939.20
0.18
Contd/...
(1)
(2)
D C M Toyota Ltd
D L F Universal Ltd
Toyota Motor Corpn
American Electric Co
Dagger Forst Tools Ltd
Danfoss India Ltd
Darjeeling Consolidated Tea Co Ltd
Darjeeling Plantation Inds Ltd
David Brown Greaves Ltd
Alfred H Schutte Werkzeug Mas
Davy Ashmore (I) Ltd
Delta Hamlin Ltd
Dental Products of (I) Ltd
Doamara Tea Co Ltd
Dobson & Barlow Pvt Ltd
Davy Loewy Ltd
Hamlin Inc
Dentsply Intl Plc
Dollo Tea Co Ltd
Doom Dooma (I) Ltd
Dr Beck & Co (I) Ltd
Drayton Greaves Ltd
Dunlop India Ltd
Dollo Tea Co Ltd
Doom Dooma Tea Co Ltd
Dr. Beck & Co
Spirax-sarco Engg Ltd
Dunlop Holdings Ltd
Duphar Interfran Ltd
E Hill & Co Pvt Ltd
E M A India Ltd
E Merck India Ltd
Eastern Bank Trust Extrs Co (I) Pvt Ltd
Nv Philips-duphar
Bowater Corpn
Easun Reyrolle Relays & Devices Ltd
Eicher Goodearth Ltd
Eimco Elecon (I) Ltd
Empire Plantations (I) Ltd
Enfield India Ltd
English Electric Co of (I) Ltd
Ennore Foundries Ltd
Escorts Tractors Ltd
Everest Building Products Ltd
Northern Engg Inds Ltd
Darjelnig Co Ltd
David Brown (holdings) Ltd
(3)
(4)
(5)
(6)
Shriram
Japan
USA
3.22
3.39
83
63
84
84
26.05
14.70
1496.90
174.37
0.00
5505.03
W Germany
Denmark
UK
UK
UK
3.44
4.95
0.30
0.30
3.39
65
72
75
76
60
84
84
83
84
84
48.58
40.00
66.67
74.00
25.87
78.00
55.00
24.00
60.00
206.54
932.23
342.35
144.16
219.11
1055.00
UK
USA
UK
UK
UK
8.50
3.39
3.80
0.30
6.30
72
82
62
0
47
84
84
84
83
84
40.00
15.00
30.62
74.00
100.00
180.83
120.00
20.00
175.00
3.00
4891.23
139.26
71.55
1058.77
0.06
UK
UK
W Germany
UK
UK
0.30
0.30
3.64
4.95
4.40
77
77
56
60
36
84
84
83
84
84
99.94
74.00
49.24
49.00
39.58
UK
UK
W Germany
W Germany
UK
3.80
2.68
3.49
3.80
8.50
51
20
71
67
34
84
84
82
84
84
39.13
74.00
27.62
51.00
100.00
138.00
10.81
19.07
275.00
5.00
855.35
223.23
197.05
2094.31
30.04
UK
UK
USA
UK
UK
UK
UK
USA
UK
3.39
3.41
3.59
0.30
3.29
3.39
3.10
3.41
4.33
0
59
74
77
55
57
59
65
34
84
84
84
84
84
84
84
84
84
24.89
23.70
38.99
73.33
26.28
66.67
59.09
40.00
49.46
45.00
76.70
24.75
60.00
156.00
450.00
452.50
250.00
246.67
253.32
1870.25
361.25
530.19
4247.09
2812.72
2200.78
2936.88
2320.73
Thapar
Tata
Wallace
Textile Machinery Makers Ltd
Brooke Bond
Mahindra
Thapar
Dunlop
E Merck
Standard Chartered Bank Ltd
Envirotech
Empire Plantation & Invt Ltd
Villers Engg Ltd
English Electric Co
British Leyland Intl Hldng
Ford Motor Co
Turner & Newall Ltd
V Ramakrishna
GEC
Ashok Leyland
Escorts
Asbestos Cement
(7)
(8)
(9)
(10)
17.61
250.68
175.00 1403.91
192.94 1357.88
10.29
74.06
1898.92 24307.75
Contd/...
(1)
(2)
Ewac Alloys Ltd
Eyre Smelting Pvt Ltd
F G P Ltd
Fabindia Overseas Pvt Ltd
Facit Asia Ltd
Fairbanks Morse India Ltd
Lead Inds Group Ltd
Fibreglass Ltd
Fabindia Inc
Electrolux Ab
Flakt India Ltd
Flender Macneill Gears (I) Ltd
Food Specialities Ltd
Frick India Ltd
Fulford India Ltd
Flakt Ab
A Friedr Flender Gmbh & Co
Nestle Holdings Ltd
Frick Ltd
Schering Plough Corpn
Furmanite Nicco Ltd
G L Rexroth Maneklal Industries Ltd
Gabriel India Ltd
Gammon India Ltd
Garg Associates Pvt Ltd
(3)
Wall Rope Inds Ltd
Gedore Werkzeugfabrik Otto Do
General Electric Co Ltd
Williamson Tea Holdings Ltd
Gestetner Ltd
Glindia Ltd
Godfrey Phillips (I) Ltd
Goetze India Ltd
Gokak Patel Volkart Ltd
Gestetner Holdings
Glaxo Group Ltd
Philip Morris Inc
Goetze Ag
Gontermann Peipers (I) Ltd
Goodlass Nerolac Paints Ltd
Goodricke Group Ltd
Goodyear India Ltd
Gontermann Peipers Gmbh
Cookson Group Plc
Western Dooars Invts Ltd
Goodyear Tire & Rubber Co Ltd
(6)
(7)
(8)
(9)
(10)
France
3.39
62
84
40.00
64.00
640.00
Gillanders
UK
UK
USA
Sweden
USA
3.00
4.31
6.01
4.99
3.49
31
62
0
62
0
84
84
84
84
84
74.00
39.69
40.00
39.30
35.00
20.00
326.55
20.00
136.50
13.00
430.62
1462.99
117.44
724.69
0.00
Sweden
W Germany
Bahama Isla
USA
UK
6.11
3.49
2.39
3.39
3.80
60
61
59
62
48
84
84
84
84
84
51.00
50.00
40.00
51.00
40.00
255.00
135.70
720.00
60.00
40.00
2083.19
810.02
3969.24
886.40
768.08
UK
W Germany
USA
UK
USA
8.50
3.49
3.22
8.50
3.39
0
74
61
22
63
84
84
84
84
83
36.00
35.00
39.00
25.11
50.00
10.00
75.00
264.00
216.38
4.00
41.48
529.28
1819.88
7410.96
66.52
USA
W Germany
UK
UK
W Germany
3.64
3.44
3.39
0.30
3.80
76
60
11
77
49
84
84
84
84
84
20.00
51.00
52.08
61.74
36.95
60.00
470.60
720.00
350.00
326.40
912.62
2503.44
6640.91
5385.89
3084.39
UK
UK
UK
W Germany
Switzerland
3.49
3.80
2.50
3.22
2.60
0
24
51
54
19
84
84
84
84
84
40.00
40.00
40.00
25.71
10.00
130.00
2000.00
259.97
462.19
326.14
875.00
9936.60
5165.15
1869.66
3617.98
W Germany
UK
UK
USA
3.00
3.84
0.30
4.40
66
20
77
22
84
84
84
84
40.00
39.50
74.00
59.93
135.00
324.00
360.00
748.28
699.86
4331.32
3691.05
9468.29
Tata
Macneil Magor
Anand DC
Gammon
W L Gore & Associates Inc
Garware Wall Ropes Ltd
Gedore Tools (I) Pvt Ltd
General Electric Co of (I) Ltd
George Williamson (Assam) Ltd
German Remedies Ltd
(5)
Larsen & Toubro
Nicco
G L Rexroth Gmbh
Federal Mogul Corpn
(4)
Garware
GEC
Macneill Magor
Modi
Escorts
Tata
Tata
Contd/...
(1)
(2)
(3)
Gordon Woodroffe Ltd
Gordon Woodroffe Co
Gramophone Co of (I) Ltd
Graphic Charts Ltd
Graphite India Ltd
Graphite Vicrab (I) Ltd
Greaves Dronsfield Ltd
Thorn Electrical Inds Ltd
Times Mirror Co
Great Lakes Carbon Corpn
Vicarb Sa
Dronsfields Estates Ltd
Goenka
Greaves Foseco Ltd
Greaves Midwest Engg Co Ltd
Gresham & Crawen of (I) Pvt Ltd
Foseco Minsep Ltd
Midwest Conveyor Co Inc
Westinghouse Brake & Signal C
Thapar
Thapar
Grindwell Norton Co Ltd
Groz-beckert Saboo Ltd
Norton Co
Groz Beckert Intl
Guest Keen Williams Ltd
H M M Ltd
Harrisons Malayalam Ltd
Hein Lehman India Ltd
Hercules Hoists Ltd
Guest Keen Nettlefolds Ltd
Beecham Group Ltd
Harrisons And Crosfield Ltd
Kohlensame Industrie Ag
Heinrich De Fries Gmbh
GKW
Herdillia Chemicals Ltd
Hind Rectifiers Ltd
Hindustan Aluminium Corpn Ltd
Hindustan Brown Boveri Ltd
Hindustan Ciba-giegy Ltd
Hercules Inc
Westinghouse Brake & Signal C
Kaiser Aluminium Corpn
Bbc Brown Boveri & Cie
Ciba Geigy Ag
Parry
Hindustan Cocoa Products Ltd
Hindustan Dorr Oliver Ltd
Hindustan Electro-graphities Ltd
Hindustan Ferodo Ltd
Hindustan Gum & Chemicals Ltd
Cadbury Schweppes Overseas
Dorr Oliver
United Brewer
Hindustan Lever Ltd
Hindustan Sanitaryware & Inds Ltd
Hoechst India Ltd
Unilever Ltd
Reed Intl Ltd
Farnerke Hoechst
Material Ltd & Turner Newall
Celenese Corpn
Bangur
Bangur
Thapar
Bajaj
Birla
Larsen & Toubro
ICI
Rajasthan Spg
Asbestos Cement
Hindustan Lever
Birla
United Brewer
(4)
(5)
(6)
(7)
(8)
(9)
UK
2.90
64
84
40.00
149.90
1169.72
UK
USA
USA
France
UK
3.39
3.39
4.09
3.49
4.39
46
68
62
81
58
84
84
84
84
84
39.84
49.00
23.40
25.19
50.08
180.71
15.00
420.75
79.39
6.39
1736.36
46.84
4008.41
302.09
10.67
UK
USA
UK
3.69
3.49
3.49
58
83
35
84
83
84
50.00
60.00
100.00
134.11
30.00
9.33
755.23
0.00
120.57
USA
Switzerland
4.39
3.59
50
63
84
84
40.00
59.09
463.06
110.00
3245.11
371.19
UK
UK
UK
W Germany
W Germany
3.00
6.00
0.30
4.99
3.39
31
58
77
65
62
84
84
84
84
84
50.19
36.00
40.00
49.00
33.33
2253.09 14931.87
515.69 1954.54
325.00 3120.89
77.69
450.94
30.00
193.19
UK
UK
USA
Switzerland
Switzerland
3.60
3.39
3.10
3.39
3.80
63
58
58
49
47
84
84
84
84
84
44.48
26.72
17.82
33.39
52.51
735.00 3506.93
29.94
549.55
1838.38 22110.02
400.00 5452.71
1770.78 6463.82
UK
USA
France
UK
USA
2.30
3.49
4.09
3.22
3.83
48
74
72
64
75
84
84
84
84
83
40.00
66.67
27.14
58.40
50.00
UK
USA
W Germany
3.82
4.30
3.80
33
60
56
84
84
84
51.00
24.52
40.00
300.00
118.80
714.55
446.95
30.00
(10)
1810.09
2922.40
2623.63
1875.42
193.44
4666.23 30593.93
105.23 2292.18
957.69 6499.39
Contd/...
(1)
(2)
Hoist-o-mech Ltd
Holman Climax Mfg Ltd
Chanarai Instrument Corpn Lt
Compair Ltd
Holman Climax Rock Drills India Ltd
Holtech Engineers Pvt Ltd
Hongkong Bank (agency) Pvt Ltd
Horstmann India Pvt Ltd
Humpherys & Glasgow Consultants Pvt Ltd
Climax Rock Drill & Engg Ltd
Hydraulics Ltd
I A & I C Pvt Ltd
I D L Chemicals Ltd
I E L Ltd
I G E India Ltd
(3)
(9)
(10)
40.00
60.00
25.00
25.00
270.54
235.38
83
82
83
83
82
100.00
31.33
100.00
34.84
40.00
0.03
3.00
5.01
44.67
10.00
0.27
0.00
5.35
0.00
930.63
0
62
61
53
30
84
83
84
84
84
33.78
39.80
40.00
50.83
40.00
9.62
0.00
20.00
151.63
628.67 3976.79
4087.06 32398.83
20.00
0.00
2.50
4.40
8.50
3.22
3.49
8
58
82
82
63
84
84
83
84
84
39.98
40.00
40.00
25.97
49.00
2728.80 35559.00
36.00
238.43
250.00
0.00
770.00
212.15
49.00
427.90
USA
USA
UK
UK
UK
4.40
4.09
3.51
4.93
3.49
78
61
60
73
49
83
83
84
84
84
26.00
37.03
66.67
39.50
30.00
Simpson
Australia
Japan
Canada
UK
UK
3.22
3.39
3.51
3.39
2.79
62
59
38
20
55
82
83
84
84
84
40.00
75.00
50.50
10.00
57.35
34.00
142.33
240.00
0.00
3250.45 16242.33
628.89 4111.16
325.08
644.58
Mafatlal
Italy
Switzerland
Switzerland
3.62
3.44
3.88
54
74
58
84
84
84
21.41
26.71
48.98
750.00 15070.91
73.00
434.66
122.50
622.52
Bird Heilgers
Horstmann Gear Co Ltd
Humphreys & Glasgow Ltd
Kemanobel Ab
ICI
IDL
ICI
I T C Ltd
Inarco Ltd
Incommet India Ltd
Ind Suzuki Motorcycles Ltd
Indabrator Ltd
British American Tobacco Ltd
Armstrong Cork Co
Matsushita Electric Indl Co
Suzuki Motor Co Ltd
Wheelabrator Frye Inc
ITC
Indag Rubber Ltd
India Carbon Ltd
India Foils Ltd
India Photographic Co Ltd
India Pistons Ltd
Bandag Inc
Great Lakes Carbon Corpn
India Foils Ltd
Eastman Kodak
A E Plc
India Pistons Repco Ltd
Indian Aluminium Cable Co Ltd
Indian Aluminium Co Ltd
Indian Cable Co Ltd
Indian Card Clothing Co Ltd
Alcan Aluminium Ltd
Bicc Ltd
Carclo Engg Group Ltd
Indian Dyestuff Inds Ltd
Indian Fine Blank Ltd
Indian Gum Inds Ltd
Acna
Heinrich Schmid
Organa Trust
T V S Iyyengar
JV Patel
India Carbon
Simpson
(4)
(5)
(6)
(7)
Bahama Islands
UK
3.22
3.49
63
58
84
83
UK
Canada
UK
UK
UK
6.01
8.50
6.52
3.49
8.50
64
67
28
61
69
USA
Sweden
UK
USA
3.22
3.60
3.63
3.63
6.01
UK
UK
Japan
Japan
USA
(8)
275.00
240.00
262.50
100.00
160.00
0.00
1791.38
1887.47
1607.79
1632.87
Contd/...
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
UK
USA
5.90
3.42
35
77
84
84
39.76
40.00
1095.11
200.00
8396.01
1283.95
USA
UK
USA
Japan
Japan
3.49
2.39
3.59
4.31
4.39
82
60
72
56
82
82
82
82
84
84
49.00
17.31
23.57
40.00
40.00
100.00
126.00
193.33
160.00
249.28
1116.70
279.08
522.88
1280.68
763.92
USA
UK
62
79
0
67
63
84
84
84
83
84
53.50
40.00
14.14
40.00
74.00
237.52
150.00
22.00
189.88
394.60
1246.54
1827.41
0.00
1015.52
3079.83
Indian Oxygen Ltd
Indian Sewing Machine Co Ltd
Boc Intl Ltd
Singer Co
Indian Xerographic Systems Pvt Ltd
Indian Yeast Co Ltd
Indicarb Ltd
Indo Asahi Glass Co Ltd
Indo Matsushita Carbon Co Ltd
Xerox Corpn
Distillers Co Ltd
Adamas Carbide Corpn
Asahi Glass Co Ltd
Matsushita Electric Indl Co
Indofil Chemicals Ltd
Indrol Lubricants & Specialities Ltd
Industrial Jewels Pvt Ltd
Infar India Ltd
Ingersoll Rand India Ltd
Rohm & Haas Co
Burmah Oil Co Ltd
Akzo Pharma Bv
Ingersoll Rand Co
Netherlands
USA
3.80
4.00
4.99
3.80
4.99
International Combustion India Ltd
International Computers India Mfrs Ltd
International Computers India Pvt Ltd
International Instruments Ltd
Ion Exchange India Ltd
Northern Engg Inds Ltd
Intl Computers Tabulators Ltd
I C L Ltd
Vdo Adolf Schindling Ag
Portals Holdings Ltd
UK
UK
UK
Switzerland
UK
3.49
3.49
6.01
3.22
3.49
36
63
52
58
69
84
84
83
84
84
29.33
40.00
100.00
16.00
38.96
108.03
250.00
44.00
200.00
96.09
656.36
1645.40
196.37
1247.75
1301.30
J C Duffs & Co Pvt Ltd
J L Morrison Son & Jones (I) Ltd
J V Electronics Pvt Ltd
Jaya Hind Sciaky Ltd
Johnson & Johnson Ltd
J C Duffs & Co (london) Ltd
Smith & Nephew Associated Co L
Johnson & Johnson
UK
UK
USA
Switzerland
USA
6.01
6.01
3.39
3.59
3.81
19
70
73
0
57
83
84
83
84
84
100.00
40.00
37.50
30.00
75.00
5.25
97.50
32.00
30.00
240.00
19.55
641.99
0.00
210.31
1562.26
Jokai India Ltd
Joshi Formulabs Pvt Ltd
K S B Pumps Ltd
Kareem Cascami Ltd
Kelvinator of India Ltd
Jokai Tea Holdings Ltd
Formulab
Canadian Kay Pumps & Invts Lt
Cascami
White Consolidated Inds Inc
UK
USA
W Germany
Italy
USA
0.30
4.90
3.39
2.62
3.39
75
62
60
77
60
84
84
84
84
82
74.00
40.00
51.00
40.00
11.30
250.00
32.10
217.54
75.00
177.00
1916.58
213.27
1784.15
355.61
5815.71
Khatau Junker Ltd
Killick Halco Pvt Ltd
Kinetics Technology India Ltd
Otto Junker Gmbh
Marshalls (halifax) Ltd
W Germany
UK
Netherlands
3.39
3.39
8.50
64
69
71
84
84
84
16.23
40.00
40.00
71.67
22.50
37.50
626.79
117.38
493.09
Shaw Wallace
Modi
Firodia
Khatau
Killick Nixon
Contd/...
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Kirloskar Cummins Ltd
Kirloskar Electric Co Ltd
Cummins Engine Co
Brush Electl Engg Co Ltd
Kirloskar
Kirloskar
USA
UK
3.49
3.39
62
46
84
83
50.08
21.13
1320.00
613.24
8715.87
7413.20
Kissan Products Ltd
Krebs & Cie (I) Pvt Ltd
Kunal Machinery Manufacturers Ltd
L & T Macneill Ltd
L M Van Moppes Diamond Tools Ltd
Cadbury Schweppes Plc
United Brewer
Larsen & Toubro
Simpson
UK
France
W Germany
USA
UK
2.31
8.50
3.40
3.49
3.44
48
62
80
72
62
83
84
84
84
84
33.00
24.00
30.00
40.00
49.04
16.00
12.50
300.00
221.00
20.25
665.55
1183.39
758.13
968.11
75.66
Lakhanpal National Ltd
Lakshman Isola Ltd
Lakshmi Automatic Loom Works Ltd
Lakshmi Machine Works Ltd
Lakshmi Ring Travellers Ltd
Matsushita Electric Inds
Swiss Insulating Works
Georg Fisher Ag
Maschinenfabrik Rieter Ag
Naidu GV
Naidu GV
Naidu GV
Japan
Switzerland
Switzerland
Switzerland
Switzerland
6.01
4.34
3.40
3.49
3.40
72
76
73
62
74
84
84
84
84
84
44.44
50.00
25.00
13.38
25.00
112.50
75.00
300.00
406.38
30.00
1331.28
159.24
1032.36
5236.77
0.00
Lipton India Ltd
Lubi Electricals Pvt Ltd
Lucas Tvs Ltd
M B & Co Ltd
Macmillan Co of (I) Ltd
Unilever Ltd
Hindustan Lever
UK
Lucas Inds Ltd
T V S Iyyengar
UK
UK
UK
0.30
3.39
3.39
6.01
4.80
77
71
61
0
70
84
82
84
84
84
40.00
14.80
51.00
19.94
39.98
1575.00
10.00
1000.00
35.10
47.02
6829.66
237.88
3073.95
0.00
486.65
Macneill & Magor Ltd
Madura Coats Ltd
Mafatlal Dyes & Chemicals Ltd
Magnetic Information Technology Ltd
Mahindra & Mahindra Ltd
Inchcape Group
Coats Patons Ltd
Macnell Magor
Madura Coats
Mafatlal
UK
UK
W Germany
USA
USA
6.01
2.60
3.62
4.21
3.22
49
74
58
82
45
84
84
84
83
83
26.84
39.91
33.33
66.63
15.10
273.91 6445.33
1453.94 12177.93
252.00 2230.37
82.00
0.00
1144.55 19961.56
Mahindra Sintered Products Ltd
Mahindra Ugine Steel Co Ltd
Majuli Tea Co Ltd
Makum Tea Co Ltd
Marshalls (direction) Pvt Ltd
Birfield Ltd
Pechiney Ugine Kuhlmann Sa
Majuli Tea Holdings
Mcleod Russel & Co
Thos W Ward Ltd
UK
France
UK
UK
UK
3.59
3.00
0.30
0.30
6.11
60
62
77
71
25
83
84
83
83
83
49.00
12.56
74.00
60.04
100.00
56.39
730.17
45.00
106.06
0.03
652.18
7242.58
640.85
429.25
1.73
Maschmeijer Aromatics (I) Pvt Ltd
Mather & Platt (I) Ltd
May & Baker (I) Pvt Ltd
Naarden Intl Nv
Mather Greaves Ltd
Rhone Poulene Sa
Netherlands
UK
UK
3.81
3.49
3.80
60
59
50
82
84
84
49.00
60.00
40.00
20.00
320.00
450.00
209.05
2108.85
3093.06
Industriewerk Schaeffler Ing
Macmillan Ltd
Magnetic Information Techno
American Motors Corpn
Mahindra
Mahindra
Mahindra
Macneil Magor
Mcleod Russel
Contd/...
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Mc Leod Russel (I) Co Ltd
Mcnally Bharat Engg Co Ltd
Mc Leod Russel & Co Ltd
Mcnally Pittsburg Inc
Mcleod Russel
Macneill Magor
UK
UK
0.30
3.49
76
61
84
84
74.00
38.30
250.00
290.72
2190.15
3550.41
Merind Ltd
Metal Box India Ltd
Metal Lamp Caps (india) Ltd
Merck & Co
Metal Box Ltd
Metal Box
USA
UK
UK
3.80
3.59
3.39
58
33
63
84
84
84
60.00
36.98
24.00
180.00
896.12
39.26
789.18
7991.46
433.19
USA
3.49
3.80
71
74
82
84
25.00
40.00
0.80
40.00
14.53
188.76
Switzerland
USA
USA
W Germany
UK
2.68
3.39
3.64
3.59
3.49
76
83
65
62
60
84
84
84
84
84
24.05
40.00
40.00
16.39
50.84
199.58
991.02
700.00
6.47
140.00
3459.90
0.00
7313.89
356.00
688.44
3.49
3.89
0.30
3.39
3.22
74
49
77
77
78
84
84
83
84
84
40.00
74.09
74.00
40.00
51.00
Mikros Milling Pvt Ltd
Miles India Ltd
Miles Laboratories
Modi Carpets Ltd
Modi Xerox Ltd
Modipon Ltd
Mohatta & Heckel Ltd
Molins of India Ltd
Arova S
Rank Xerox Corpn
Rohm & Haas Inc
George Heckel Gmbh
Molins Ltd
Monotype India Ltd
Monsanto Chemls of India Ltd
Moran Tea Co (I) Ltd
Morris Electronics Pvt Ltd
Motor Industries Co Ltd
Monotype
Robert Bosch Gmbh
USA
USA
UK
UK
W Germany
Muller & Philips (I) Ltd
Multimetals Ltd
Murugappa Morganite Ceramic Fibres Ltd
N G E F Aeg Engg Co Ltd
Nagarjuna Signode Ltd
Muller & Philips
Revere Copper & Brass Inc
Morganite Ceramic Fibres Ltd
Allgemeine Elektricitats Ges
Signode Corpn
Nagarjuna
UK
UK
UK
W Germany
USA
3.81
3.50
4.21
3.39
3.59
49
62
82
70
79
84
84
83
84
84
40.00
39.40
30.00
50.73
36.00
Namdang Tea Co (I) Ltd
National Cereals Products Ltd
National Organic Chml Inds Ltd
National Peroxide Ltd
National Radio & Electronics Co Ltd
Namdang Tea Co Ltd
Shell Transport &trdg Co Ltd
Solvay &cie Sa/laporte Inds
Schlumberger Ltd
Mcleod Russel
Moham Meakin
Mafatlal
Nowrosjee Wadia
Tata
UK
Non Residen
UK
Belgium
France
0.30
2.39
3.60
3.60
3.39
71
48
61
54
40
83
84
84
84
84
73.71
12.78
25.00
27.83
39.81
National Wire Herald Works Pvt Ltd
Needle Roller Bearing Co Ltd
Lemforder Metallwaren Ag
France
3.59
3.59
52
65
82
83
31.70
30.00
Modi
Modi
Modi
Moran Tea Holdings
55.08
547.62
5.40
492.58
70.00
672.34
72.00
702.05
1902.57 12437.42
40.00
120.00
100.00
68.00
220.00
73.87
466.36
0.00
771.14
1685.80
119.56
451.05
13.15
352.37
2400.00 16979.45
154.88 1523.84
217.65 2404.34
17.60
140.00
134.26
1379.05
Contd/...
(1)
(2)
New India Inds Ltd
Nicholas Laboratories India Ltd
Nirlon Synthetic Fibres & Chml Ltd
Agfa Gevaert Group
Nichols Intl Ltd Australia
Nova Silk Ltd
Otis Elevator Co (I) Ltd
Otto India Pvt Ltd
Padmatex Engg Ltd
Parke Davis India Ltd
Lotus Studio
United Technologies Corpn
Saizgitter Ag
Reiners Verwaltungs Gesellscha
Parke Davis & Co
Peerless Fabrickerne (I) Pvt Ltd
Peico Electronics & Electricals Ltd
Peirce Leslie (I) Ltd
Pembriel Fluidrine Pvt Ltd
Pennwatt India Pvt Ltd
Philips Gloeilampenfabriken
Steel Brothers Holdines Ltd
(3)
Ghia
Mahindra
Philips
Pennwalt Corpn
(4)
(5)
(6)
(7)
(8)
(9)
(10)
W Germany
UK
Switzerland
2.60
3.80
2.63
48
47
58
84
84
84
25.72
39.96
17.20
Italy
USA
W Germany
W Germany
USA
2.62
3.49
8.50
3.40
3.80
82
50
59
81
58
83
84
83
84
84
39.00
56.00
39.34
26.00
40.00
Denmark
Netherlands
UK
UK
USA
3.39
3.39
6.01
3.49
8.50
77
30
68
76
59
82
84
84
83
83
51.00
40.00
25.50
32.80
40.00
5.00
73.58
2160.00 19051.74
40.00
890.09
3.78
130.10
40.00
519.36
USA
UK
Italy
Panama
USA
3.22
4.59
3.39
3.80
3.39
62
61
60
50
60
84
82
84
84
84
34.89
34.31
10.65
60.43
30.22
139.00
30.00
51.66
1172.01
525.52
1289.44
238.06
848.65
3945.77
3413.54
164.20 1734.77
146.36
594.28
1046.25 12912.18
10.00
252.00
62.78
200.00
336.00
0.00
5024.05
1317.55
881.49
864.58
Perfect Circle Victor Ltd
Permali Wallace Ltd
Permanent Magnets Ltd
Pfizer Ltd
Phillips Carbon Black Ltd
Dana Corpn
Anand DC
Centro Magneti Permanenti
Pfizer Corpn
Phillips Petroleum Co
Goenka
Polychem Ltd
Polyolefins Industries Ltd
Ponds India Ltd
Porritts & Spencer (asia) Ltd
Power Control And Appliances
Dow Cheml Co
Hoechst Ag
Chese Brough Ponds Inc
Porrits & Spencer Ltd
Kilachand
Mafatlal
Switzerland
W Germany
USA
UK
3.64
3.69
3.81
6.01
3.39
55
64
78
68
79
84
84
84
83
84
25.12
31.08
40.00
59.20
10.97
240.00
1286.86
294.00
98.05
8.02
4029.01
6571.14
1787.90
389.19
0.00
Precision Bearings (I) Ltd
Precision Fasteners Ltd
Pyrene Rai Metal Treatment Ltd
R H Windsor (I) Ltd
R K O Radio Pictures Pvt Ltd
Fag Kugelascher Georg Schafer
V Ramakrishna
Brent Chemls Intl Ltd
G K N Windsor
Rank Overseas Films Distribu
GKW
W Germany
USA
UK
UK
UK
3.59
3.59
3.69
3.49
9.00
62
73
64
63
42
84
84
82
82
83
28.57
36.75
39.96
50.94
100.00
167.05
210.00
18.38
123.94
1.00
1008.51
1357.25
116.99
805.76
13.44
Rallis India Ltd
Ralliwolf Ltd
Fisons Ltd
Wolf Electric Tools (hold
Tata
Tata
UK
UK
3.80
3.39
68
58
84
84
29.25
40.00
547.84
182.78
7627.11
1014.54
Contd/...
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Rane Brake Linings Ltd
Reckitt & Colman of (I) Ltd
Reconde Ltd
Small & Parkes Ltd
Reckitt & Colman Ltd
UK
UK
3.22
3.60
8.50
64
51
47
84
84
83
25.53
39.00
18.80
108.00
299.69
30.00
931.22
1910.17
0.00
Reinz Talbros Pvt Ltd
Revathi C P Equipment Ltd
Reyrolle Burn Ltd
Richardson Hindustan Ltd
Roche Products Ltd
Reinz Dichtungs Gmbh
Chicago Pneumatic Tool
Reyrolle Parsons Ltd
Richardson Vicks
F Hoffmann - Laroche & Co Ag
W Germany
USA
UK
USA
Switzerland
4.33
3.49
3.39
3.80
3.80
67
77
63
64
58
84
84
84
84
84
25.00
40.00
50.00
39.68
75.00
45.00
60.00
50.00
374.25
479.91
196.09
468.34
330.73
1519.58
1921.91
Rolcon Engineering Co Ltd
Roneo Vickers India Ltd
Roussel Pharmaceuticals (I) Ltd
Ruston & Hornsby (I) Ltd
S A E India Ltd
Kohler Bivenkamp
Roneo Vickers Ltd
W Germany
UK
UK
Italy
3.59
4.60
3.80
3.49
5.09
61
69
0
39
79
84
82
84
84
83
28.14
55.68
33.33
26.00
40.00
22.40
53.88
78.48
134.12
75.00
152.60
132.88
0.00
2939.21
1981.70
France
Switzerland
Sweden
UK
4.94
3.39
3.80
3.49
3.22
0
73
47
60
62
84
83
84
84
84
11.67
25.33
60.00
27.43
27.28
33.00
65.15
450.00
577.50
177.76
0.00
538.30
4366.89
2208.51
552.98
Simpson
USA
USA
Italy
UK
UK
3.22
3.80
1.10
3.84
3.59
61
67
65
2
60
84
84
84
84
83
50.00
39.16
40.00
40.00
33.33
92.40
173.88
367.50
188.71
180.00
456.70
1537.70
2232.15
1969.31
1164.80
UK
UK
USA
W Germany
W Germany
3.88
6.01
3.64
3.59
3.39
70
46
69
70
57
84
84
84
84
84
15.79
38.94
15.09
25.01
51.00
UK
USA
8.50
3.44
63
64
84
84
26.00
40.01
Ruston & Hornsby
SAE
Safari Industries (I) Ltd
Sahney Paris Rhone Ltd
Sandoz India Ltd
Sandvik Asia Ltd
Sankey Wheels Ltd
Rhone Poulenc
Sandoz Ag
Sandvik Ab
Joseph Sankey & Sons
Schrader Scovill Duncan Ltd
Searle India Ltd
Sesa Goa Ltd
Shalimar Paints Ltd
Shardlow India Ltd
Scovill Mfg Co
Gd Searle & Co
Finisider Spa
Courtaulds Ltd
Amalgamations Ltd
Thapar
GKW
Goenka
Goenka
Shaw Wallace Gelatines Ltd
Shaw Wallace Ltd
Shree Synthetics Ltd
Shriram Needle Bearing Inds Ltd
Siemens India Ltd
Chemtex Fibres
Industriewerk Schaeffler Gmbh
Siemens Ag
Shaw Wallace
Shaw Wallace
Bangur
Shriram
Khatau
Simon Carves (I) Ltd
Simtools Ltd
Simon Engg Ltd
Scottish Machine Tools Corpn
Tata
29.55
341.17
600.00 4812.20
561.84 4816.07
84.96
208.08
1080.00 11575.00
90.00
63.98
1675.34
207.79
Contd/...
(1)
(2)
Singlo Tea Co Ltd
Siporex India Ltd
Sir Lindsay Parkinsons (I) Pvt Ltd
Singlo Holdings Ltd
Internationella Siporex Ab
Leonard Fairclough Ltd
Snowcem India Pvt Ltd
Snowtemp Engineering Co Ltd
Somany Pilkington's Ltd
South India Viscose Ltd
Spirax Marshall Ltd
Associated Fortland Cement
Borg Warner Corpn
Thomas Tilling Ltd
Standard Batteries Ltd
Star Volkmann Ltd
Stewart Holl India Ltd
Stewarts & Lloyds of (I) Ltd
Stone India Ltd
Stormac India Ltd
Stovec Screens (I) Ltd
Sturdia Chemicals Ltd
Suessen Textile Bearings Ltd
Sundaram Clayton Ltd
Swaraj Mazda Ltd
Sylvania & Laxman Ltd
Synbiotics Ltd
Synthetics & Chemicals Ltd
T I Diamond Chain Ltd
(3)
(5)
(6)
(9)
(10)
UK
Sweden
UK
0.30
4.21
5.09
77
69
46
83
84
83
73.33
13.89
100.00
60.00
90.00
1.00
392.05
248.83
3.59
Killick Nixon
Birla
Birla
Naidu GV
UK
USA
UK
Italy
UK
4.10
3.39
4.20
2.63
6.49
59
68
68
57
59
84
84
84
84
84
40.00
30.90
26.00
16.29
38.26
30.00
30.00
59.99
735.00
18.66
216.99
220.68
1261.26
3206.77
111.25
Macneill Magor
UK
W Germany
UK
UK
UK
3.39
3.40
0.30
3.59
3.39
49
80
78
37
31
84
82
83
84
84
11.80
38.00
74.00
39.90
60.00
102.50
125.00
60.00
100.00
89.28
1732.25
134.18
490.59
1202.77
668.82
T V S Iyyengar
Netherlands
Netherlands
UK
W Germany
UK
3.40
3.40
3.60
3.40
3.22
74
73
60
57
62
84
84
84
84
84
40.00
40.04
39.33
26.00
39.20
50.00
50.00
150.00
106.38
569.03
455.49
490.54
463.60
1955.12
3291.46
Sarabhai
Kilachand
Murugappa
Japan
USA
USA
USA
UK
3.22
3.39
3.80
3.64
3.23
83
62
60
60
60
84
84
83
84
84
40.00
26.27
40.00
24.74
27.51
325.01
240.00
150.00
581.00
45.33
0.00
1608.73
584.77
4512.47
724.07
Spirax Sarco Engg Ltd
Hermutty Tea Co
Stewarts & Lloyds (overseas)
Stone Platt Inds Ltd
Tata
Stork Brabant Bv
Stork Screens Bv
Nowrosjee Wadia
Spindelfabrix Suessen Schurr
American Standard Inc
General Tele Phone & Electro
Fire Stone Tire & Rubber Co
Amsted Inds Inc
(4)
(7)
(8)
Talbros Automotive Components Ltd
Tata Burroughs Ltd
Tata Engineering And Locomotive Co
Tata Klockner Industrial Plants Ltd
Tata Robins Fraser Ltd
Burroughs Corpn
Daimler Benz
Klockner Ina
Tata
Tata
Tata
Tata
UK
USA
W Germany
W Germany
UK
3.29
3.39
3.22
5.09
3.49
68
77
45
83
62
84
84
84
83
84
17.86
50.00
10.27
50.00
22.16
Tata Yodogawa Ltd
Taylor Instrument Co (I) Ltd
Nissho Iwai Co Ltd/yodogawa
Sybron Corpon
Tata
Birla
Japan
USA
3.00
4.95
68
64
84
84
26.41
39.65
70.00
485.29
250.00 1651.11
5308.00 61057.00
25.00
0.00
132.00 1882.86
249.94
120.00
1415.43
1220.53
Contd/...
(1)
Tea Estates of (I) Pvt Ltd
Thomas (cook) (I) Ltd
Tide Water Oil Co (I) Ltd
(2)
Brooke Bond Liebig Ltd
Midland Bank Ltd
Getty Oil Co
(3)
Brooke Bond
Andrew Yule
Toshiba Anand Batteries Ltd
Tractel Trifor (I) Pvt Ltd
Tractors & Farm Eqpt Ltd
Tractors (I) Ltd
Transasia Carpets Ltd
Massey-ferguson Ltd
Simpson
Besmer Teppichfabrik Mertens
Birla
Transformers & Electricals Kerala
Tri-sure India Pvt Ltd
Tribeni Tissuses Ltd
Tube Investment of (I) Ltd
Twentieth Century Fox Corpn (I) Pvt Ltd
Hitachi Ltd
American Flange & Mfg Co
Middleton Invt Co Ltd
Tube Invsts Ltd
Twentieth Century-fox Film C
Tyresoles Concessionaries Pvt Ltd
Udhe India Ltd
Uni Ucb (I) Pvt Ltd
Uni-sankyo Ltd
Union Carbide (I) Ltd
ITC
Murugappa
Uhde Gmbh
Sankyo Co Ltd
Union Carbide Corpn
Union Carbide
(4)
(5)
(6)
UK
UK
USA
0.30
7.10
6.01
22
78
21
84
84
84
74.00
40.00
28.29
220.00
70.00
24.00
2484.49
578.15
372.14
France
W Germany
UK
W Germany
3.39
3.49
3.22
6.01
2.67
0
64
60
44
72
84
84
84
84
84
38.00
39.86
49.00
20.33
25.09
70.00
14.00
200.00
199.20
161.43
887.13
205.52
2289.22
1860.19
3049.74
Japan
USA
UK
UK
USA
3.39
3.59
4.70
3.29
9.00
63
60
46
49
0
84
84
84
84
84
26.07
49.00
51.00
40.00
100.00
399.39
51.70
635.70
430.00
1.00
2811.03
119.55
3671.84
7895.48
21.10
UK
W Germany
Japan
USA
4.40
8.50
3.80
3.80
3.39
47
0
59
69
34
84
84
84
84
84
16.00
73.93
39.91
49.00
50.90
USA
Sweden
W Germany
USA
USA
9.00
3.39
3.49
3.59
4.80
36
79
75
60
46
82
83
84
84
83
100.00
15.00
37.49
19.47
33.45
0.10
97.49
37.50
177.73
40.00
78.85
276.07
256.90
6619.26
205.43
3.60
4.51
3.49
2.50
3.49
0
74
65
30
37
84
82
84
84
84
14.00
14.56
33.75
32.16
39.92
415.00
50.00
175.73
603.20
231.75
1943.13
189.53
1457.81
7312.92
3751.86
3.00
3.59
59
35
84
83
22.42
63.88
390.31
97.52
2329.49
445.79
Universal Pictures India Pvt Ltd
Uptron Electronic Devices Ltd
Usha Atlas Hydraulic Equipment Ltd
Usha Martin Industries Ltd
Vakil & Sons Ltd
Universal Intl Films India
L M Ericsson Telephone Co
H Weyhausen
Martin Black Ltd
Vam Organic Chml Ltd
Veneers & Laminations (I) Ltd
Vickers Systems International Ltd
Vst Industries Ltd
Vulcan Laval Ltd
Ab Bofors
Sperry Rand Corpn
Raleigh Invst Co
Alfa Laval Ltd
Mahindra
ITC
Swedish Match
Sweden
Switzerland
USA
UK
Sweden
W G Forge & Allied Inds Ltd
Waldies Ltd
Wyman Gordon Co
Lead Inds Group Ltd
WG Forge
Gillanders
USA
UK
Usha Martin
Usha Martin
(7)
(8)
(9)
(10)
24.00
112.45
15.00
745.79
8.82
145.70
26.65
99.63
3258.30 12195.71
Contd/...
(1)
(2)
Wander Ltd
Wardex Pharmaceutical Ltd
Warner Hindustan Ltd
Warren Tea Ltd
Wellman Incandescent (I) Ltd
Wendt India Ltd
Wesman Engg Co Ltd
Western Thompson (I) Ltd
(3)
(5)
(6)
Warner Lambert Co
Switzerland
UK
USA
3.80
3.80
3.80
62
0
63
84
82
84
40.00
20.00
40.00
21.00
0.10
298.12
190.27
0.00
960.44
Warren Plantations Ltd
Wellman Engg Corpn Ltd
Wendt Gmbh
UK
UK
W Germany
0.30
3.49
3.44
3.49
3.49
77
62
80
51
0
84
84
83
84
84
73.47
19.87
25.00
15.81
48.82
325.00
49.97
60.00
23.88
5.92
2407.35
322.90
0.00
319.35
0.00
Japan
UK
UK
Switzerland
Sweden
3.39
3.22
3.89
3.59
3.85
67
60
0
64
23
84
84
82
84
84
13.77
35.91
50.00
51.00
39.50
37.04
328.98
5.54
183.15
845.00
2649.02
2502.76
45.26
2605.16
7545.24
UK
USA
USA
USA
W Germany
USA
2.79
3.49
8.50
3.80
3.59
3.65
59
52
50
50
81
72
84
84
84
84
84
84
22.11
24.75
100.00
74.00
26.00
51.44
Weston Electronik Ltd
Wheels India Ltd
Whiffens India Ltd
Widia India Ltd
Wimco Ltd
Dunlop Holdings
Fison Ltd
Meturit Ag
Swedish Match Ab
T V S Iyyengar
Tata
T V S Iyyengar
Swedish Match
Woolcombers of (I) Ltd
Worthington Pump India Ltd
Wyeth India Pvt Ltd
Wyeth Laboratories Pvt Ltd
Z F Steering Gear (I) Ltd
Zuari Agro Chml Ltd
Illing Worth Morris& Co Ltd
Macneil Magor
American Home Prodts Inc
American Home Prodts Inc
Zahnradfabrik Friedrichschaf
US Steel Corpn
Goenka KP
Source:
Firodia
Birla
(4)
(7)
(8)
(9)
(10)
176.37
778.66
80.80 1370.86
10.00
140.26
90.00
806.20
149.98
414.73
1655.14 10345.00
Institute for Studies in Industrial Development (ISID), New Delhi.
Contd/...
23
Annexure - II
List of Branches Operating In India In Areas
Other Than Banking, Air And Sea Transport
Name
Yr
Inc
Ind
Cl
(2)
(3)
Cotton Kaulking Ltd
Achabam Tea Co Ltd
Amalgamated Tea Estates Co Ltd
Anglo American Direct Tea Trading Co Ltd
71
24
14
14
Assam Consolidated Tea Estates
Bagracote Tea Co Ltd
Borhat Tea Co Ltd
Borholla Assam Tea Co Ltd
Chubwa Tea Co Ltd
Consolidated Tea & Lands Co (I) Ltd
Doolahat Tea Co Ltd
Endogram Tea Co Ltd
Jetinga Valley Tea Co Ltd
Kanan Dewan Hills Produce Co Ltd
(1)
Assets
Ref
(Rs Lakhs) Yr
Country
(4)
(5)
0.10
0.30
0.30
0.30
N.A.
4.20
51.60
78.62
84
84
84
84
Uganda
U.K.
U.K.
U.K.
57
23
20
14
14
0.30
0.30
0.30
0.30
0.30
33.26
44.79
13.85
45.99
54.88
84
84
84
84
84
U.K.
U.K.
U.K.
U.K.
U.K.
56
27
14
14
14
0.30
0.30
0.30
0.30
0.30
96.84
22.43
81.83
26.88
118.62
84
82
81
84
84
U.K.
U.K.
U.K.
U.K.
U.K.
14
57
68
28
1881
0.30
0.30
0.30
0.30
1.00
36.92
N.A.
N.A.
7.58
249.20
84
84
84
84
81
U.K.
U.K.
Tanzania
U.K.
U.K.
Marcar Steel & Engg Export Ltd
Central Province Mangenese Ore Co
Carr & Co (I) Ltd
Coca Cola Export Corpn
Barnagore Jute Factory Co Ltd
51
3
22
58
14
1.10
1.12
2.30
2.42
2.64
N.A.
101.05
N.A.
174.16
569.70
84
84
84
84
83
U.K.
U.K.
U.K.
U.S.A.
U.K.
Samnaggur Jute Factory Co Ltd
Titaghur Jute Factory Co Ltd
Victoria Jute Co Ltd
Heckett Engineering Co
Torrance & Sons Ltd
14
14
14
Na
62
2.64
2.64
2.64
3.00
3.00
1094.44
949.68
724.57
72.73
1.11
82
84
83
84
84
U.K.
U.K.
U.K.
U.S.A.
U.K.
Hitachi Shipbuilding & Engg Co Ltd
Exxon Ltd
Associated British Machine
Tool Makers (I)
Chicago Pneumatic Holdings Ltd
66
72
3.20
3.22
0.00
0.02
81
82
Japan
Australia
57
14
3.44
3.44
26.53
5.98
82
84
U.K.
U.K.
I B M World Trade Corpn Ltd
Eskaylab Ltd
John Wyeth & Bros Ltd
Gulf Fleet Marine Operations Inc
Bombay Gas Co Ltd
51
56
Na
81
14
3.49
3.80
3.80
4.00
4.01
1617.10
1106.16
611.84
18.71
1060.34
84
80
84
84
80
U.S.A.
U.K.
U.K.
U.S.A.
U.K.
C Still Export G M B H
Chevron Oil Co India
Leonard Biermans Societe Andnyme
Bawa Singh Bharj Ltd
Hochtief Ag
58
82
65
71
61
4.02
4.09
4.91
5.00
5.00
13.45
139.35
N.A.
N.A.
10.49
84
84
84
84
82
W.G.
U.S.A.
Belgium
Uganda
W.G.
Lankapara Tea Co Ltd
Melong Tea Estates Ltd
P C Abraham
Vaghamon (travancore) Tea Co Ltd
Assam Railways & Trdg Co Ltd
(6)
(Contd...)
24
(1)
(2)
(3)
(4)
(5)
(6)
Thomson Csf Paris
Metchem Canada Inc
Snam Ltd
Ivan Milutinovic-pim
Oriental Gas Co Ltd
56
76
62
64
14
5.02
5.09
5.09
5.20
5.90
18.33
15.80
124.02
109.09
115.57
82
84
84
84
82
France
Canada
Italy
Yugoslavia
U.K.
Airworthy Ltd
Nestles Products (I) Ltd
Island
Aminco Intl Corpn
Anglican Export Import Co Ltd
Anglo Thai Corpn Ltd
59
47
6.00
6.00
N.A.
0.41
84
84
U.K
Bahama
67
68
21
6.01
6.01
6.01
N.A.
N.A.
0.07
84
84
80
U.S.A.
U.K.
U.K.
Elof Hansson Ltd
James Finlay Plc
Louis Dreyfus & Co Ltd
May Department Stores Intl Inc
Mitsubishi Corpn
51
14
41
75
83
6.01
6.01
6.01
6.01
6.01
0.40
18.19
0.12
4.39
64.86
82
84
84
84
84
U.K.
U.K.
U.K.
U.S.A.
Japan
Mitsui & Co Ltd
Nepal Transit & Warehousing Pvt Ltd
Nichimen Corpn
Overseas Gems Ltd
Rama World Trade Corpn
59
71
58
82
65
6.01
6.01
6.01
6.01
6.01
50.35
56.19
37.07
N.A.
N.A.
84
82
84
84
84
Japan
Nepal
Japan
U.K.
U.K.
Sears Roebuck Overseas Inc
Singer Sewing Machine Co
Sizing Materials Co Ltd
Southern Conforts Fashions Ltd
Westinghouse Trading Co Ltd
70
11
18
80
62
6.01
6.01
6.01
6.01
6.01
N.A.
89.67
2.04
1.39
2.21
84
81
84
84
84
U.S.A.
U.S.A.
U.K.
Canada
Switzerland
New Way Packaged Products Ltd
I C A Domus Ltd
I W S Nominees Co Ltd
Mohkamdin & Sons
Fisons Ltd
62
67
67
48
62
6.11
6.20
6.20
6.20
6.52
0.02
26.03
26.03
N.A.
0.14
82
84
84
84
84
U.K.
U.K.
U.K.
Pakistan
U.K.
Gemini Chit Fund Corpn
Calcutta Tramways Co Ltd
B P (indian Agencies) Ltd
Jolly Travels Ltd
Travel World Inc
69
14
62
63
67
6.59
7.00
7.40
7.40
7.40
N.A.
N.A.
0.04
N.A.
2.81
84
84
84
84
84
Singapore
U.K.
U.K.
U.K.
U.S.A.
International Grapevining Co Ltd
Association of Proficient Secretaries
Action In Distress Ltd
Aloka Ltd
Christian Children's Fund Inc
67
72
77
59
Na
7.50
8.00
8.20
8.20
8.20
N.A.
N.A.
22.00
N.A.
25.57
84
84
82
84
82
Liberia
U.S.A.
U.K.
U.K.
U.S.A
Foundation Agakhan
Leprosy Mission Intl
Methodist Missionary Trust Asson
Royal Common Wealth
Society For The Blind
St John The Evangelist
78
34
53
8.20
8.20
8.20
223.63
0.00
0.00
84
81
82
Switzerland
U.K.
U.K.
70
58
8.20
8.20
31.46
N.A.
82
84
U.K.
U.K.
United Church Board
Wesleyan Methodist Missionary Trust Asson
Women's Home & Foreign Mission Society
London Missionary Society Corpn
57
53
84
26
8.20
8.20
8.20
8.20
136.92
*
3.68
0.00
84
82
84
80
U.S.A.
U.K.
U.S.A.
U.K.
(Contd...)
25
(1)
(2)
(3)
Burmah Oil Co (india) Trdg
39
8.40
American Bureau of Shipping
Amoco India Inc
Balamore Ltd
Bureau Veritas
Chemtex Overseas
52
65
63
73
67
Compagnie Francaise D' Etudes
Crown Agent Services Ltd
Degremont International
Dixilyn Field Intl Drilling Co
Dorr-oliver (india)
(5)
(6)
19.18
81
U.K.
8.50
8.50
8.50
8.50
8.50
150.33
611.53
N.A.
119.92
5.13
84
84
84
84
84
U.S.A.
U.S.A.
U.K.
France
U.S.A.
69
80
76
82
50
8.50
8.50
8.50
8.50
8.50
10.84
N.A.
51.69
N.A.
81.53
82
84
84
84
84
France
U.K.
France
U.S.A.
U.S.A.
Foundation Overseas Ltd
Gamlen (australasia) Chml Co Pvt Ltd
Global Marine Deep
Griffin Alexander Drilling Co
I W S Nominees Co Ltd
65
67
84
82
71
8.50
8.50
8.50
8.50
8.50
N.A.
0.44
N.A.
0.71
0.00
84
84
84
84
82
Canada
Australia
U.S.A.
U.S.A.
U.K.
Indo American Indl Devt Corpn
Overseas Dredging Co Ltd Co Ltd
Penguin Overseas Ltd
Rohm & Haas Asia Inc
Sonet Drilling Inc
65
59
60
67
83
8.50
8.50
8.50
8.50
8.50
N.A.
N.A.
3.68
0.10
4381.51
84
84
84
84
84
U.S.A.
U.K.
U.K.
U.S.A.
U.S.A.
Torr-isteg Steel Corpn
Vacuum Concrete (overseas) Co
Lead Development Association Ltd
Zinc Development Assn Ltd
Metro Theater Bombay Ltd
67
71
62
72
36
8.50
8.50
8.60
8.60
9.00
9.86
N.A.
0.00
2.06
27.24
84
84
84
84
84
Luxembourg
Greece
U.K.
U.K.
U.S.A.
Metro Theatre Calcutta Ltd
Paramount Films of (I) Ltd
Thai Information Service Co Ltd
Twentieth Century Fox India Inc
Warner Bros F E Inc
35
40
65
81
33
9.00
9.00
9.00
9.00
9.00
Notes on Abbreviations:
Source: Same as in Annexure I.
1.
2.
3.
4.
5.
(4)
8.19
84
27.91
84
N.A.
84
N.A.
84
150.86 84U.S.A.
U.S.A.
U.S.A.
Thailand
U.S.A.
Yr Inc : Year of Setting up of Business in India
Ref Yr : Year for which data for Assets are provided
Assets : Total Assets of the enterprise in the country
*
: Accounts for the Indian branch not provided separately
Ind Cl : Industrial Classification as followed by Dept of Company
Affairs, Govt of India.
26
Annexure - III
List of Foreign Airlines And Shipping Companies Operating In India
Name
Yr
Inc
(1)
(2)
Assets
(rs Lakhs)
(3)
Ref
Yr
Country
(4)
(5)
British India Steam Navigation Co Ltd
D D G Hansa
Lloyd Triestine Span Co
Middle East Agencies S.A.L.
Royal Nepal Shipping Corpn Ltd
14
53
49
81
71
*
*
*
N.A.
*
84
84
84
84
84
U.K.
West Germany
Italy
Greece
Nepal
Unitor Ships Services
Air Mauritius Ltd
Alitalia Air Lines
Brothers Air Services Co Ltd
Canadian Pacific Airlines Ltd
81
79
59
68
67
*
*
*
*
*
84
84
84
84
84
Norway
Mauritus
Italy
Aden
Canada
Cathay Pacific Airways Ltd
Deutsche Schechtan
Iran National Airlines Corpn
Japan Air Lines Co Ltd
K L M Royal Dutch Airlines
66
60
70
61
50
*
*
*
*
*
84
84
84
84
84
Hong-kong
West Germany
Iran
Japan
Netherlands
Kuwait Airways Corpn
Lufthansa German Airlines
Malaysian Air Lines Bhd Ltd
Middle East Airlines
Pakistan International Airlines Corpn
64
60
74
62
76
*
*
*
*
N.A.
84
84
84
84
84
Kuwait
West Germany
Malayasia
Lebanon
Pakistan
Pan American World Airways Ltd
Quantas Airways Ltd
Sabena Airlines
Scandinavian Airlines System
Singapore Airlines Ltd
47
74
67
58
72
*
*
*
*
*
84
84
84
84
84
U.S.A.
Australia
Belgium
Sweden
Singapore
Societe International De Telecommn. Aeronautique
Swiss Air Transport Co Ltd
Thai Airways Intl Ltd
Transmediterrnean Airways
Trans World Airlines Inc
69
57
66
71
47
119.35
*
*
*
*
82
84
84
84
84
Belgium
Switzerland
Thailand
Lebanon
U.S.A.
Notes on Abbreviations:
1. Yr Inc
2. Ref Yr
3. Assets
4.
*
Source: Same as in Annexure I.
:
:
:
:
Year of Setting up of Business in India
Year for which data for Assets are provided
Total Assets of the enterprise in the country
Accounts for the Indian branch not provided separately
27
Annexure - IV
List of Foreign Banks Operating in India
Name
Yr
Inc
(1)
(2)
Assets
(rs Lakhs)
(3)
Ref
Yr
(4)
Country
(5)
Algemene Bank Nederland Nv
American Express Intl Banking Corpn
Bank of America
Bank of Credit & Commerce Intl (overseas) Ltd
Bank of Nova Scotia
21
21
64
83
84
7269.32
22430.70
28305.00
1800.01
N.A.
82
82
82
84
84
Netherlands
U.S.A.
U.S.A.
Caymen Islands
Canada
Bank of Oman Ltd
Bank of Tokyo Ltd
British Bank of Middle East
Chartered Bank Ltd
Chase Manhattan Bank
80
53
54
14
55
1891.87
7150.09
5177.51
34792.22
*
84
84
82
84
82
U.A.E.
Japan
U.K.
France
U.S.A.
Citi Bank
Emirates Commercial Bank Ltd
European Asian Bank Ak
Grindlays Bank Ltd
Indosuez (banque De '1' Indochi Etde Suez)
Mitsui Bank Ltd
56
81
80
14
81
55
45243.43
N.A.
4891.18
107549.84
5666.11
1964.63
84
84
84
84
84
84
U.S.A
U.A.E.
West Germany
U.K.
France
Japan
Notes on Abbreviations:
1. Yr Inc
2. Ref Yr
3. Assets
4. *
Source: Same as in Annexure I.
:
:
:
:
Year of Setting up of Business in India
Year for which data for Assets are provided
Total Assets of the enterprise in the country
Accounts for the Indian branch not provided separately
28
Annexure V
List of Branches Acting As Liaison offices In India
Name
(1)
Yr
Inc
(2)
Assets
(rs Lakhs)
(3)
Ref
Yr
Country
(4)
(5)
Trade Action Proprietory Ltd
Voest Alpine A G
Wadgner Biro Ag
International Spicing Alps Trdg
Ethiopian Airlines
74
78
81
79
82
1.11
10.11
10.50
0.71
N.A.
79
79
84
80
84
Australia
Austria
Austria
Denmark
Ethiopia
Cgee Alsthom
Fives-cail Babcock
Regie Nationale Des Usines
Michal & Simon Co Ltd
Burbar Ship Management Ltd
83
77
82
80
83
7.61
1.07
N.A.
0.13
N.A.
84
82
84
80
84
France
France
France
Hong Kong
Hongkong
Impulse Montana Trdg Co
Lark International Ltd
Richard Hogg Intl India Ltd
Ansaldo Impianti S P A
Franco Tesi Ingeneria Spa
77
79
81
80
82
12.58
1.04
N.A.
304.61
44.46
81
84
84
84
84
Hongkong
Hongkong
Hongkong
Italy
Italy
Montedison S P A
Snam Progetti Spa
Asahi Chemical Industry Co
Bunka Orient Co Inc
C Itoh & Co Ltd
72
67
79
80
57
0.61
70.13
6.83
1.70
52.57
82
84
84
84
82
Italy
Italy
Japan
Japan
Japan
Hitachi Ltd
Itoman & Co Ltd
J G C Corpn
Kanematsu Gosho Ltd
Marubeni Corpn
73
77
84
67
66
12.51
9.23
N.A.
16.71
56.62
84
84
84
84
84
Japan
Japan
Japan
Japan
Japan
Nippon Electric Co Ltd
Nippon Exports Co Ltd
Nissho Iwai Co Ltd
Nomura Trading Co Ltd
Okura & Co Ltd
64
83
57
73
68
N.A.
N.A.
26.60
3.42
48.53
81
84
84
84
84
Japan
Japan
Japan
Japan
Japan
Sumitomo Shoji Kaisha Ltd
Toyo Menka Kaisha Ltd
Toyoda Trusto Kaisha Ltd
Nepal Oceanic Services Pvt Ltd
International Flavours & Fragrances
66
61
83
78
78
123.39
8.95
N.A.
N.A.
0.43
84
80
84
84
80
Japan
Japan
Japan
Nepal
Netherland
Universal Films of India B V
Dowell Schlumberger Western S.A.
Flopterol Intl S.A.
Sedco International S A
Dong-in Stone Indl Co Ltd
81
84
84
82
81
11.33
N.A.
N.A.
35.86
N.A.
82
84
84
82
84
Netherlands
Panama
Panama
Panama
South Korea
Sangyong Corpn
Air Lanka Ltd
L K B Produkter Ab
Sandvik Far East A B
Swedish Match Co
Sulzer Bros Public Ltd
80
82
80
77
26
84
N.A.
N.A.
N.A.
1.91
3.33
N.A.
84
84
84
84
84
84
South Korea
Sri Lanka
Sweden
Sweden
Sweden
Switzerland
(contd...)
29
(1)
(2)
(3)
(4)
(5)
Tabs (clothing) Co Ltd
Oriental Wood Products Co Ltd
First Emirate Trdg Corpn
British Steel Corpn Liasion
Services (india)
81
80
76
N.A.
1.32
2.97
84
84
80
Switzerland
Thailand
U.A.E.
79
36.20
84
U.K.
Burmah Oil Trading Ltd
Cable Belt Ltd
Cadbury Schweppes Export Ltd
Foster Wheeler Power Prdts Ltd
International Nickel Services (u.K.)
80
83
47
80
77
1.95
N.A.
0.30
314.11
8.76
84
84
82
84
84
U.K.
U.K.
U.K.
U.K.
U.K.
J H Rayner (prdts) Ltd
Meridien Trade Corpn Ltd
New Commercial Co Ltd
Rhodia (u.K.) Ltd
Rolls-royce (I) Ltd
64
80
78
80
79
0.00
N.A.
N.A.
0.00
N.A.
66
84
84
84
84
U.K.
U.K.
U.K.
U.K.
U.K.
Stein Inds
Thomas Duff & Co Ltd
Ukepco Ltd
Whatman Paper Ltd
Modtronic Intl Ltd Ltd
84
82
82
77
79
N.A.
N.A.
0.53
2.26
N.A.
84
84
84
84
84
U.K.
U.K.
U.K.
U.K.
U.S.A
Alpha Merchandising Services Inc
Associated Merchandising Corpn
Banker's Trust Co
Columbia Films of (I) Ltd
Continental Overseas Corpn
81
75
82
56
78
1.11
9.96
N.A.
18.60
0.87
84
83
84
84
84
U.S.A.
U.S.A.
U.S.A.
U.S.A.
U.S.A.
Dow Chemical Nv
Du Pont Far East Inc
Exxon Chemical Eastern Inc
Foster Parents Plan Intl Inc
Itt Asia Pacific Inc
77
77
80
81
65
10.04
23.52
3.16
3.11
5.58
84
84
84
84
84
U.S.A.
U.S.A.
U.S.A.
U.S.A.
U.S.A.
La Presente Inc
M Fabrikant & Sons Inc
Mast Industries Inc
Medtronic Intl Ltd
Merck Sharp & Dohme Scentific
& Management Corpn
79
77
76
79
1.06
5.95
0.26
N.A.
84
84
84
84
U.S.A.
U.S.A.
U.S.A.
U.S.A.
80
2.43
84
U.S.A.
Metro Goldwyn Meyer India Ltd
Noetic Instruments Inc
Northwest Orient Airlines Inc
Raychem Ltd
Santa Cruz Imports India
29
80
80
77
76
96.25
N.A.
N.A.
6.51
N.A.
80
84
84
84
84
U.S.A.
U.S.A.
U.S.A.
U.S.A.
U.S.A.
Steelmet Inc
United Artists Corpn
Upjohn Intl Inc
Western Company of North America
Textilagenture Bruno Herring Gmbh
81
32
79
82
80
N.A.
142.79
6.70
23.22
N.A.
84
79
84
84
84
U.S.A.
U.S.A.
U.S.A.
U.S.A.
West Germany
Thyssen Edelstable Worke
Ingra Zagreb (yugoslavia)
78
62
N.A.
0.80
84
84
West Germany
Yugoslavia
Notes on Abbreviations:
1.
2.
3.
4.
Yr Inc
Ref Yr
Assets
*
:
:
:
:
Year of Setting up of Business in India
Year for which data for Assets are provided
Total Assets of the enterprise in the country
Accounts for the Indian branch not provided separately
30
Annexure - VI
List of Branches Which Have Not Submitted Their Accounts
After 198 And Are Presumably Not Functioning
Name
Yr
Inc
Ind
Cl
(2)
(3)
(4)
(5)
A & J Main & Co
Allied Artists of India Inc
Amin Agencies Ltd
Anath Bandhu Guha & Sons
Asquith Machine Tools Corpn Ltd
14
57
58
51
09
3.00
9.00
6.01
8.20
5.09
61.00
1.71
0.32
7.70
0.56
66
77
78
70
76
U.K
U.K.
Bangladesh
Bangladesh
U.K.
Badulipar Tea Co Ltd
Belsari Tea Co Ltd
Breco Ropeways Ltd
Central Gulf Links Agencies (I) Ltd
Chemical Construction (gb) Ltd
14
34
60
63
63
0.30
0.30
8.50
7.40
8.50
189.71
78.09
15.69
0.04
0.45
74
79
73
78
74
U.K.
U.K.
U.K.
U.K.
U.K.
Cluett Peabody & Co Ltd
Combustion Engg Overseas Inc
Commercial Union Assurance Co Ltd
Cornhill Insurance Co Ltd
Cox & Kings (agents) Ltd
58
64
14
54
14
8.50
6.01
6.40
6.40
7.40
64.84
9.00
310.70
0.80
217.23
79
73
68
68
79
U.S.A.
U.K.
U.K.
U.K.
U.K.
Craven Brothers (manchester) Ltd
Darjeeling Co Ltd
Dejoo Tea Co Ltd
Denis Malcolm & Co Ltd
Dhoolie Tea Co Ltd
60
14
14
57
37
3.44
0.30
0.30
6.01
0.30
1.19
125.74
146.16
1.90
32.10
75
76
77
68
73
U.K.
U.K.
U.K.
U.K.
U.K.
East Indian Coal Ltd
Estates & Agency Co Ltd
Farrington Data Processing Ltd
Free School Street Property Ltd
G W Carnrick Co (asia) Ltd
14
26
36
61
50
1.00
0.30
3.49
5.00
3.80
450.70
22.57
6.80
8.00
8.10
70
78
69
63
77
U.K.
U.K.
U.K.
Bangladesh
U.S.A.
Goalundo Ice Co Ltd
Habib Bank Ltd
Habib Insurance Co Ltd
Harmutty Tea Co Ltd
Isa Bheel Tea Co Lts
53
48
42
27
14
6.52
6.50
6.40
0.30
0.30
4.32
187.10
8.40
116.74
78.01
75
65
64
77
74
Bangladesh
Pakistan
Pakistan
U.K.
U.K.
Jalannagar South Estates Ltd
Jalinga Tea Co Ltd
Jhanzie Tea Asson Ltd
Johnson & Philips Ltd
Jorehaut Tea Co Ltd
39
14
14
31
14
0.30
0.30
0.30
6.01
0.30
127.17
58.64
169.82
0.01
213.72
75
79
77
77
78
U.K.
U.K.
U.K.
U.K.
U.K.
Joseph Parkes & Sons Ltd
Kellogg India Ltd
Kukicherra Tea Co Ltd
Laktaria Ltd
Longai Valley Tea Co Ltd
57
71
14
67
14
5.00
8.50
0.30
0.30
0.30
1.83
0.00
27.70
6.99
71.45
75
74
73
79
74
U.K.
U.S.A.
U.K.
U.K.
U.K.
M H Detrick Co Ltd
Marangi Tea Co Ltd
Mc Gergor & Belfour Ltd
National Bank of Pakistan
Nicholas of India Ltd
62
37
14
52
56
3.49
0.30
6.01
6.50
3.80
36.93
35.24
37.32
49.00
50.68
77
74
74
65
79
U.K.
U.K.
U.K.
Pakistan
U.K.
(contd...)
(1)
Assets
(rs Lakhs)
Ref
Yr
Country
(6)
31
(1)
(2)
(3)
(4)
(5)
Resources & Facilities Ltd
Revlon Prdts (great Britain)
Rivers Steam Navigation Co Ltd
Rukni Tea & Co Ltd
Sashtri Indo Canadian Institute
63
55
14
30
69
8.50
3.81
7.10
0.30
8.00
1.85
0.00
0.00
27.68
17.28
75
74
34
74
78
U.K.
U.K.
U.K.
U.K.
Canada
Schlumberger Seaco Inc
Simson & Mc Conechy
Sonabheel (assam) Tea Co Ltd
Stain Atkinson Stordy Ltd
Technical Enterprises Inc
Na
14
37
58
65
8.50
6.01
0.30
4.01
6.01
416.71
6.12
58.58
18.40
25.70
78
78
74
66
67
Panama
U.K.
U.K.
U.K.
U.S.A.
Victory Jute Prdts Ltd
Von Kohorn Eastern Corpn Ltd
Wellman Engg Corpn Ltd
Ws Atkins Partners India Ltd
W T Henley's Telegraph Works Co Ltd
62
57
57
62
60
2.64
3.40
3.49
6.50
3.39
15.10
N.A.
0.00
6.50
12.30
68
65
75
70
77
Bangladesh
Bahama Island
U.K.
U.K.
U.K.
Notes on Abbreviations:
1.
2.
3.
4.
5.
Source: Same as in Annexure I.
Yr Inc
Ref Yr
Assets
*
Ind Cl
:
:
:
:
:
(6)
Year of Setting up of Business in India
Year for which data for Assets are provided
Total Assets of the enterprise in the country
Accounts for the Indian branch not provided separately
Industrial Classification as followed by Dept of Company
Affairs, Govt of India
Annexure - VII
List of Foreign Controlled Companies Incorporated After 1984.
Name
(1)
% of Foreign
Holding
(2)
PUC
(Rs. Lakhs)
(3)
A Rajaratnam
A Agarwal
20.00
30.00
100.00
50.00
A K Chowdhry
A S Prabhakar
Aksons Phomix Pvt Ltd
40.00
40.00
40.00
4.50
25.00
20.00
Amit Gupta
Anil Dass & Major Brijender Singh
Apple Engg Pvt Ltd
Apurba Mukherjee
Asc Engineers & Allied Industries
40.00
40.00
25.00
100.00
14.40
1.50
27.00
6.25
0.12
1145.83
Avanti Electricals Pvt Ltd
Avx India Electronics Pvt Ltd
B F Bahoinals
B K Modi
Balraj Singh Mejie
25.00
100.00
100.00
50.00
25.00
Bbr India Pvt Ltd
Bharat Joshi & Satish Chandra Soman
Bhartta Bachat Ltd
Boving Fouress Pvt Ltd
Breejenabout (india) Pvt Ltd
B S Sahney
C Padmanablan
Conveyor Systems Pvt Ltd
Foreign Associate
(4)
Country
(5)
Came Corprn
(i) Harry G Honsman
(ii) Media Flex Ltd
Samia S L V
Backer Electrs Verma Ab
Paw Phonix Armaturen Werke Bregel Gmsll
USA
USA
USA
Italy
Sweeden
West Germany
Grc Composites Ltd
Geosource Inc
Eleontrol Spa
Star Nacro Inc
Pelletch Corpn
Canada
USA
Italy
USA
USA
20.00
50.00
10.00
150.00
300.00
Heinrich Kopp Gmbh
Avx Corporation
Fairplay Group Inc
Diabo Systems Inc
Span Holdings Ltd
USA
USA
USA
USA
Bahamas
36.36
20.00
30.00
40.00
40.00
19.80
10.00
108.33
34.00
10.00
Proclqu Sa
Racor Ind Inc
Brembo Spa
Boving & Co Ltd
Bagger Maatschappis Breejenbout B V
Switzerland
USA
Italy
UK
Holland
35.00
25.00
40.00
100.00
50.00
12.00
Cibie Projecteurs
Brack & Peter
Peerless A Division of Lear Siegler Inc
France
Switzerland
USA
(Contd...)
(1)
(2)
(3)
Desmat Chemford Engg Pvt Ltd
Dhanvin Mehta
40.00
40.00
20.00
8.75
Dinesh Kumar Garg
Dinol Shroff India Ltd
Dr R Thangappan
Drewtreat Chanieds Pvt Ltd
E M A India Ltd
40.00
40.00
49.00
26.00
14.54
(4)
(5)
N V Extraction De Smet
Globe & Associates
Belgium
USA
200.00
10.00
18.36
15.00
55.02
Nuova Stai
Dinol Intl Ab
George Wmthrouten Ltd
Drew Chemls
Maschinen Fabrik Gehring Gmsll
Italy
Sweden
UK
Ciberia
West Germany
30.00
100.00
14.98
10.00
39.90
5.00
22.50
500.00
110.00
50.00
Electronic Water Conditoner Inc
Eg & G Vertec
Alusit Ltd
Vacuum Inc
Fishkars Oy Ab
USA
USA
UK
USA
Finland
Gec Power Engg Services of India Ltd
Globe Scott Mators Pvt Ltd
Gyan Leather Board Pvt Ltd
Harshendu Upendra Kara
Heatly & Gresham (india) Ltd
74.00
40.00
40.00
28.57
40.00
15.00
10.00
141.00
5.25
20.00
Gec Plc
Sem Inc
Berflex Export Spa
Mercury Switches Inc
I M D Ab
UK
USA
Italy
USA
Sweden
Hk Nathani
Hope India Ltd
Humboldt Wedag (I) Pvt Ltd
I W T Gr Water Treatment Pvt Ltd
India Intl Ltd
48.00
11.00
40.00
40.00
36.00
125.00
0.00
5.00
0.10
90.00
Fritz Ven Der Helm
Direct Reduction Corporation
Khd Humboldt Wedag
Illinois Water Treatment Co
Tie Gommunication Inc
West Germany
USA
West Germany
USA
USA
Indian Charge Crome Ltd
Indo Schottee Auto Parts Pvt Ltd
Indocan Exploration & Drilling Co Ltd
Inteco Colloids Pvt Ltd
Integra India Pvt Ltd
16.25
25.00
40.00
35.00
39.00
4000.00
5.00
25.00
10.00
150.00
Elekem A/s
Iwa Gmsll
Kenting Drilling Co Ltd
Fluid Dyanamics Services
Integra Ltd
Norway
West Germany
Canada
UK
Switzerland
International Creative Foods Pvt Ltd
J N M Systems And Services Ltd
Jaidev Kumar
30.00
33.32
66.66
50.00
25.00
30.00
Tif Food Mandels Gmbll
Arca Reglergmsh
Waves Bags & Accessories Ltd
West Germany
West Germany
UK
E W C (india) Pvt Ltd
Eg & G Vactee Opto Electronics
Esvi International(engineers & Exporters
Falta Electronics Displays Ltd
Fiskars India Ltd
(Contd...)
(1)
(2)
(3)
Janak Khilnani
Jasu Shah
40.00
30.00
40.00
15.00
Jay Electric Wire Corpn Ltd
K N Sareen
K N Seshadri
K Ramesam
K S Krishnan Asociates Pvt Ltd
40.00
82.50
15.00
20.00
40.00
Kamaljit Singh
Kanianthra Sushil Joseph
Kienzle Indian Samay Ltd
Kirloskar Rateay Ltd
Land & Marine Engineering (I) Pvt Ltd
Lohia Starlinger Pvt Ltd
M K Chowdhary
M Kalidas
M L Tandon
Madhya Pradesh Fibres Ltd
(4)
(5)
Donaldson
Dobson Park Engg Ltd
USA
UK
124.00
8.00
150.00
10.00
27.00
Molex Intl Inc
Akon Inc
Danver Technologies Group
Intl Hemories Inc
G.Mazzpni Spa
USA
USA
USA
USA
Italy
51.00
40.00
26.00
30.00
40.00
115.00
85.00
173.07
25.00
10.00
Hoganss
Melton Bradly International Inc
Kienzle Unrenfasrikengmsh
Alsthom Altantique (rateau)
Land & Maine Engg (overseas) Ltd
Sweedan
USA
West Germany
France
UK
40.00
40.00
40.00
90.00
20.50
10.00
35.35
10.00
20.00
1951.21
Maschinen Fabrik Starlinger & Co
Indus Systems
Hofland Pekking B V
Tandon Corporation
Chemtex Fibres Inc
Austria
USA
Hetherlands
USA
USA
Mahesh M Uberoi
Manju Bharat Ram
Manoharlal Tandon
Modern Alarms & Electronics Pvt Ltd
Mohan Vasant Rao Ghatge
100.00
50.00
23.00
40.00
23.00
1.00
22.00
10.00
5.00
173.91
Oberoi International Inc
Group Sports Wear
Condor Dc Power Supplies Inc
Introder Alarms Suppliers Ltd
Agrav Enlagenbau Gmbll
USA
Italy
USA
UK
West Germany
Morgan India Brush Gear Pvt Ltd
Mukesh Chatter
Myricks Piping Systems Pvt Ltd
Nava Bharat Parker Drilling Pvt Ltd
Nevaz J Desai
30.00
40.00
40.00
40.00
15.00
10.00
220.00
5.00
100.00
500.00
Morgan Components Ltd
Incon Intl Inc
Myricks Engg Ltd
Parker Drilling Co
Yanmar Diesel Engine Co Ltd
UK
USA
UK
USA
Japan
New Day Handicrafts Pvt Ltd
Nicco Batteries Ltd
Nicco Helifusion Ltd
0.00
26.10
40.00
0.00
200.00
10.00
Globe Batteries
Helifusion Ltd
USA
UK
(Contd...)
(1)
(2)
(3)
Parimala Singh
Pasadena Computer Sohtware Pvt Ltd
20.00
39.70
10.00
7.30
Pasadena Electric Modular Systems Pvtltd
Pasadena Technology India Pvt Ltd
Pillar Induction India Pvt Ltd
Pine Chemicals Tds
Pioneer Engg Corpn
40.00
40.00
40.00
16.00
20.00
Poona Coupling Pvt Ltd
Pradeep Kumar Anil
Pvc Coated Sheets
R N Talwar
R Venkataramna
(4)
(5)
Hindustani Imports
Electronic Modular Inc
USA
USA
50.00
100.00
10.00
78.12
7.50
Emc Inc
Electronic Modular Systems Inc
Pillar Corpn
Packaging Industries Group Inc
Central Steel Tubes Co
USA
USA
USA
USA
USA
20.00
39.70
40.00
40.00
50.00
5.00
80.10
650.00
100.00
2.50
Helsat Engg Co
Industrie Riunite Eurodomostical
Cockerill Mechanical India
A C Sparks Plugs Divisional of General Motor Corp
Strategy Wares Inc
UK
Italy
Belgium
USA
USA
Raghav Bir Sawhney
Raj Kumar Markan & B S Chandrashekar
Rajasthan State Indl Dev. & Invt Corpn
Ramesh Mundalia
Ramsons Cables Pvt Ltd
35.00
40.00
26.00
40.00
80.00
20.00
10.00
400.00
30.00
66.07
Pepperl & Fuchs Vetailigungs Gmbll
Ulrich Glasmeyer
Klingenserg Dekormaik Gmsll
Action Computers Enterprises Inc
Nippon Cable System Inc
West Germany
West Germany
West Germany
USA
Japan
Ravi Delmach Cranes Pvt Ltd
Ravi Ramanujam
S K Bhusry & P N Bhusry
S Shankaran
S Venkataraman
25.00
40.00
25.00
10.00
27.24
75.00
48.12
6.25
20.00
849.85
Delmach
Raclne Die Casting Corpn
Christien Geyer Gmbh & Co
Hatwork International Ltd
Sif
Italy
USA
West Germany
UK
France
Salar Aids Corpn
Salstat Marine Pvt Ltd
Secure Image Systems Pvt Ltd
Shapoorji Sotex Drilling Pvt Ltd
Shiv Ganga Fisheries Ltd
26.00
34.00
40.00
40.00
40.00
230.00
235.29
20.00
450.00
100.00
Ferinand Merread
Estaleiros Navals De Mondeco Sarl
Computer Lientification Systems Inc
South Texas offshore Drilling Co
Armament Cooperstif Finisterien
West Germany
Portugal
USA
USA
France
Shreyee Chinubhai Sheth
Shri Anil Kumar & T Patel
Shri B N Ojha
Shri Devang Gandhi
Shri Gogesh Chandra
40.00
40.00
40.00
25.00
40.00
24.00
2.00
25.00
118.40
300.00
New England Industries
Writgengmbtt
Mtx Telecom Services Inc
Owens Illinois Inc
Shows Manufacturing Co Ltd
UK
West Germany
Canada
USA
Japan
(Contd...)
(1)
(2)
(3)
(4)
(5)
Shri K T Thomas
Shri M Kalidas
Shri M Rangaswami
Shri N Kumar
Shri P Vijaya Kumar Reddy
20.00
40.00
40.00
40.00
26.00
50.00
10.00
27.50
10.00
180.00
Terrace Ltd
Alexander Espleu & Co Ltd
The Geekay Organisation Ltd
Pebco Inc
Toshiba Tungaley Co Ltd
Cyprus
UK
Sri Lanka
USA
Japan
Shri S Payekh & Shri N Nagaraj
Shri V S Sapra Eltch Systems (I) Ltd
Shyam Maheshware
Sober Tools Ltd
Soladur Systems India Pvt Ltd
22.27
40.00
40.00
25.00
15.00
330.04
100.00
30.00
20.00
5.00
Welco Industrials Spa
Eltech Systems Ltd
Bachmann Ind Ltd
Reform Maschinen Fabrik
Wulfing Und Hauck Gmbh & Co
Italy
Bermuda
USA
West Germany
West Germany
Soumag Electronics Ltd
Standard Engg Industries
Star Agro Inds Pvt Ltd
Steel & Allied Products Ltd
Sti Biplus Tubing (I) Ltd
20.00
26.00
33.33
20.30
15.00
50.00
12.00
150.00
150.00
0.00
Crouzet Sa
Havev & Backer
Gesell Schaft Fur Technologie Transfer
Rohde & Dorrenberg
Card Froh Rohren Work
France
West Germany
West Germany
West Germany
West Germany
Stock Traders Pvt Ltd
Subres Pvt Ltd
Sudersan Varadaraj
Tamil Nadu Marine Plast Pvt Ltd
Tata Bradbury Wilkinson Pvt Ltd
26.00
26.00
40.00
40.00
26.00
20.00
300.00
10.00
20.00
125.00
Teletric Corpn
Nippondense Co Ltd & Suzuki Moter Co Ltd
Pesto Pneumatic
P E Marinplast Faras
Bradusury Wilkinson Ltd
West Germany
Japan
West Germany
Islands
UK
Thermon Heat Tracers Pvt Ltd
Tribology India Pvt Ltd
Trinipack Systems Ltd
U P Electronics Corpn Ltd
U P State Mineral Devt Corpn Ltd
40.00
40.00
40.00
18.50
19.00
50.00
2.50
77.00
2702.70
4576.00
Thermon Manufacturing Co
Hydremecenique Et Freltenart
Canadian Overseas Packaging Industry Ltd
Toshiba Corpn & Mitsubishi Corpn
(i) Marine Devpt Services
(ii) Pilkington Bros
USA
France
Canada
Japan
UK
UK
Ultra Filter India Pvt Ltd
Under Water Services Co
Usha Didak Ltd
V R Thiruvady & N K Prasad
Varso Belt Industries Pvt Ltd
15.00
40.00
40.00
40.00
81.97
30.00
10.00
50.00
20.00
30.49
Ultra Filter Gmsll
G G Doris
Didak Mfg Co Ltd
John Zink Co Ltd
Vss Mohammed Eusoq &sons &vss Mohammed Eusoff
West Germany
France
Canada
UK
Singapore
(Contd...)
(1)
(2)
Vijay K Mehan
Vijay Kumar Jatia
Wiba Shoes Pvt Ltd
Source:
40.00
40.00
40.00
(3)
93.75
25.00
20.00
(4)
Glow Lite Corpn
Ef Houghton & Co
Wiba Ltd
(5)
USA
USA
Hong Kong
Same as in Annexure I.
(Contd...)
38
Annexure - VIII
List of Government Companies Having Foreign Share
Exceeding 10 Per Cent in Equity (1983-84)
Name
% of
Foreign
Holding
PUC
(2)
(3)
Ferro Scrap Nigam Ltd
40.00
200.00
1582.91
Cochin Refineries Ltd
26.43
700.00
19264.00
Lubrizol India Ltd
40.00
480.00
3319.93
Madras Refineries Ltd
26.00
1288.00
55796.00
Madras Fertilizers Ltd
49.01
1365.00
8447.00
(1)
Assets
Country
(Rs. in Lakhs)
(4)
Maruti Udyog Ltd
24.50
2942.00
20552.00
Triveni Structurals Ltd
19.60
750.00
3376.00
Industrial Credit And
Investment Corpn of India
14.16
2700.00
N.A.
Source: Same as in Annexure I.
Foreign Associate
(5)
(6)
Harsco Corporation
U.S.A.
Phillips Petroleum Co
U.S.A.
Lubrizol Corporation
U.S.A.
Union Oil Co
U.S.A.
Amoco/national
Iranian Oil Co Ltd
U.S.A.
Suzuki Motor Co Ltd
Japan
Voest Alpine
Austria
N.A.
USA