The Reserve Bank of India today notified that Foreign Institutional Investors can now purchase equity shares and convertible debentures of M/s Mahindra & Mahindra Financial Services Limited (rbi.org.in/scripts/BS_FiiUSer.aspx#Mahindra) through primary market and stock exchanges under the Portfolio Investment Scheme, provided:
The Reserve Bank of India has today notified that the aggregate share holdings in Maruti Suzuki India Ltd by Foreign Institutional Investors (FIIs) under the Portfolio Investment Scheme (PIS) have gone below the prescribed trigger limit. Hence, this company has been removed from the caution list for FII investment and the restrictions placed on the purchase of shares of this company are withdrawn with immediate effect.
Government of India announce the sale of four dated securities for ` 15,000 crore on October 7, 2011
The Government of India have announced the sale (re-issue) of (i) “8.07 percent Government Stock 2017” for a notified amount of `3,000 crore (nominal), (ii) “8.08 percent Government Stock 2022” for a notified amount of `6,000 crore (nominal) (iii) “8.28 percent Government Stock 2027” for a notified amount of `3,000 crore (nominal) and (iv) "8.30 percent Government Stock 2040" for a notified amount of Rs. 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 October 07, 2011 (Friday).
