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India Economy Archive: 
Investment by FIIs under PIS : Rolta India Ltd.
Feb 22, 8:22 AM EST
RBI has today notified that under PIS, FIIs can now purchase equity shares and convertible debentures of Rolta India Ltd.
The purchases can be made upto 40 per cent of the paid up capital of the company, as it has passed resolutions to this effect at the Board of Directors'' and at Annual General Meeting.
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Investment by FIIS under PIS : Tanla Solutions
Feb 20, 8:12 AM EST
RBI has notified FIIS under PIS equity shares and convertible debentures of Tanla Solutions Ltd
Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of Tanla Solutions Ltd., through primary markets and stock exchanges in India upto 49 per cent of its paid up capital...
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Inv. by FIIs under PIS : Om Metals Infra Proj.
Feb 20, 8:19 AM EST
RBI has notified that no further purchases of equity shares of Om Metals Infra Projects Ltd.
The Reserve Bank has stated that Om Metals Infra Projects Ltd., has reached the limit of 22 per cent of its paid up capital.
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RBI Reference Rate for US Dollar and Euro
Feb 15, 6:35 AM EST
The Reserve Bank of India’s Reference Rate for the US dollar and the Reference Rate for Euro on February 15, 2007
The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.09 and the Reference Rate for Euro is Rs.57.92 on February 15, 2007....
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Canara Bank authorised as Primary Dealer
Feb 15, 6:38 AM EST
Canara Bank has been authorised to undertake Primary Dealer business with effect from Tuesday, February 20, 2007
Canara Bank has been authorised to undertake Primary Dealer business with effect from Tuesday, February 20, 2007 and, concurrently, the authorisation given to Gilt Securities Trading Corporation Limited, as Primary Dealer, stands withdrawn.....
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RBI Cancels Licence of AM Co-op Bank Ltd
Feb 15, 6:44 AM EST
Reserve Bank cancels the Licence of The Adarsh Mahila Co-operative Bank Ltd, Mehsana, Gujarat
In view of the fact that the Adarsh Mahila Co-operative Bank Ltd., Mehsana, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on February 15, 2007 delivered the Order cancelling its licence to the bank.....
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91-day Treasury Bills auction
Feb 15, 6:45 AM EST
91-day Treasury Bills auction : Rs.500 crore under regular auction, Rs.1500 crore under MSS
The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount of Rs.2000 crore (Rs. 500 crore under the regular auction calendar and Rs.1500 crore under the Market Stabilisation Scheme (MSS)).....
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182-day Treasury Bills auction
Feb 15, 6:48 AM EST
182-day Treasury Bills auction : Rs.500 crore under regular auction, Rs.1000 crore under MSS
The Reserve Bank of India has announced the auction of 182-day Government of India Treasury Bills for notified amount of Rs. 1500 crore (Rs. 500 crore under the regular auction calendar and Rs. 1000 crore under the Market Stabilisation Scheme (MSS)).....
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Conv. Nationalised banks Recapitalisation Bond
Feb 15, 6:54 AM EST
The Government of India have announced Government Stock 2022 and 2032
The Government of India have announced the issue of ""8.20 per cent Government Stock 2022"" for an aggregate amount of Rs. 1,632.33 crore (nominal), ""8.24 per cent Government Stock 2027"" for an aggregate amount of Rs.4,388.55 crore (nominal) and ""8.28 per cent Government Stock 2032"" for an aggregate amount of Rs. 2,687.11 crore (nominal) to 19 nationalized banks on February 15, 2007.
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GOI to issue Special Bonds 2024
Feb 13, 5:54 AM EST
GOI to issue Oil Marketing Companies Special Bonds 2024 for Rs.5000 crore
The Government of India have announced the issue of ‘8.20 per cent Oil Marketing Companies Government of India Special Bonds, 2024’ for Rs. 5,000 crore (nominal). The Special Bonds are being issued to three Oil Marketing Companies as compensation for under-recoveries in their domestic LPG and Kerosene (PDS) operations during the current financial year.....
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