The Reserve Bank of India today notified that M/s. Indiabulls Wholesale Services Ltd. has passed resolutions at the board of directors' level and at a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme to 100 per cent of its paid up capital.

The Reserve Bank of India today notified that M/s. Info-Drive Software Limited has passed resolutions at the board of directors' level and at a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme to 49 per cent of its paid up capital.

The Reserve Bank of India today notified that M/s. Jubilant FoodWorks Ltd. has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme to 49 per cent of its paid up capital.

The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in the companies listed below by Foreign Institutional Investors (FIIs) in the primary/secondary markets have reached the trigger limit. Accordingly, no further purchases of shares of these companies would be allowed through stock exchanges in India on behalf of FIIs.

The Government of India have announced the sale (re-issue) of (i) “7.99 percent Government Stock 2017” for a notified amount of `3,000 crore (nominal), (ii) “8.13 percent Government Stock 2022” for a notified amount of `5,000 crore (nominal),and (iii) “8.30 percent Government Stock 2040” for a notified amount of `3,000 crore (nominal) through price based auctions. The auctions will be conducted using uniform price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on September 2, 2011 (Friday).