The Reserve Bank of India has notified today that Foreign
Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme
(PIS) equity shares and convertible debentures of the following companies through
primary and secondary markets in India upto the limits of their paid up capital
shown against their names, as these companies have passed resolutions at their
Board of Directors' level and have passed resolutions in their Extra-Ordinary
General Meeting to this effect.
IT Services Ltd.
40 per cent
Edge (India) Ltd
Finance Corporation of India Ltd
Ajit Prasad Manager