![Texmaco Rail to acquire 76 pc stake in Bright Power Texmaco Rail to acquire 76 pc stake in Bright Power](http://www.moneycontrol.com/news_image_files/2015/t/texmaco_200x200.jpg)
Posts in category All News
Texmaco Rail to acquire 76 pc stake in Bright Power (14-09-2015)
![Texmaco Rail to acquire 76 pc stake in Bright Power Texmaco Rail to acquire 76 pc stake in Bright Power](http://www.moneycontrol.com/news_image_files/2015/t/texmaco_200x200.jpg)
Hitesh portfolio (14-09-2015)
hi sri krishna,
de mergers could be a starting point to investigate the company for a possible high return story. But it will need detailed homework and analysis of different scenarios to come at an investment decision. I havent yet looked at arvind de merger story so not much idea about that.
If you have got the details worked out then you can start a thread on the same and get feedback from guys tracking it.
IndiGo’s Rs 2,500-crore IPO gets Sebi nod (14-09-2015)
![IndiGo's Rs 2,500-crore IPO gets Sebi nod IndiGo's Rs 2,500-crore IPO gets Sebi nod](http://www.moneycontrol.com/news_image_files/2014/i/IndiGo_flight_200.jpg)
Foreign investors allowed to buy upto 40 pct in Maruti Suzuki (14-09-2015)
![Maruti Suzuki India](http://images.financialexpress.com/2015/01/maruti-suzuki-reuters-L.jpg)
As per data available on BSE, FIIs held 21.75 per cent in Maruti Suzuki as of quarter ended June 2015. (Reuters)
The Reserve Bank has allowed foreign investors to invest up to 40 per cent of the paid up capital in Maruti Suzuki under the Portfolio Investment Scheme.
The foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolio Investors (RFPIs) in Maruti Suzuki India Limited have gone below the revised threshold limit, RBI said in a release.
“Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect,” RBI said.
RBI said Maruti Suzuki has passed resolutions at its Board of Directors’ level and a special resolution by shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs/RFPIs.
The purchases could be made through primary market and stock exchanges, it said.
As per data available on BSE, FIIs held 21.75 per cent in Maruti Suzuki as of quarter ended June 2015.
FIIs, NRIs and PIOs (Persons of Indian Origins) can invest in primary and secondary capital markets in India through PIS.
RBI monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis and has fixed the cut-off points two percentage points lower than the actual ceiling.
Maruti Suzuki shares closed at Rs 4,320.15 apiece on BSE flat from previous close on BSE today.
Foreign investors allowed to buy upto 40 pct in Maruti Suzuki (14-09-2015)
![Maruti Suzuki India](http://images.financialexpress.com/2015/01/maruti-suzuki-reuters-L.jpg)
As per data available on BSE, FIIs held 21.75 per cent in Maruti Suzuki as of quarter ended June 2015. (Reuters)
The Reserve Bank has allowed foreign investors to invest up to 40 per cent of the paid up capital in Maruti Suzuki under the Portfolio Investment Scheme.
The foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolio Investors (RFPIs) in Maruti Suzuki India Limited have gone below the revised threshold limit, RBI said in a release.
“Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect,” RBI said.
RBI said Maruti Suzuki has passed resolutions at its Board of Directors’ level and a special resolution by shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs/RFPIs.
The purchases could be made through primary market and stock exchanges, it said.
As per data available on BSE, FIIs held 21.75 per cent in Maruti Suzuki as of quarter ended June 2015.
FIIs, NRIs and PIOs (Persons of Indian Origins) can invest in primary and secondary capital markets in India through PIS.
RBI monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis and has fixed the cut-off points two percentage points lower than the actual ceiling.
Maruti Suzuki shares closed at Rs 4,320.15 apiece on BSE flat from previous close on BSE today.
PM to meet power producers on Tuesday (14-09-2015)
![PM to meet power producers on Tuesday PM to meet power producers on Tuesday](http://www.moneycontrol.com/news_image_files/2015/m/modi_uae_200x200.jpg)
Abbott ousted as Australian PM in internal party challenge (14-09-2015)
![Abbott ousted as Australian PM in internal party challenge Abbott ousted as Australian PM in internal party challenge](http://www.moneycontrol.com/news_image_files/2014/t/Tony_Abbott_australia_20.jpg)