ABBREVIATIONS

AAR-Authority Advance Rulings

ADs- Authorised Dealers

ADRs -American Depository Receipts

ECB- External Commercial Borrowings

FCCB -Foreign Currency Convertible Bond

FCNR- (B) Account Foreign Currency (Non-Resident) Accounts (Banks)

FEMA- Foreign Exchange Management Act

FII -Foreign Institutional Investors

FIIA -Foreign Investment Implementation Authority

FIPB -Foreign Investment Promotion Board

GDR -Global Depository Receipt

IPO -Initial Public Offer

NRE -Account Non-Resident (External) Rupee Accounts

NRIs -Non Resident Indians

NRO -Account Ordinary Non-Resident Rupee Accounts

OCBs- Overseas Corporate Bodies

PI -Portfolio Investments

PIO -Person of Indian Origin

QIB -Qualified Institutional Buyer

QII -Qualified Institutional Investor

SIA -Secretariat for Industrial Assistance

TCC -Tax Clearance Certificate