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Coimbatore, Oct. 10 Bharti Airtel has said that the Reserve Bank of India has notified that Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs) / Persons of Indian Origin (PIOs) can now purchase equity shares of Bharti Airtel Ltd (Formerly Bharti Tele-Ventures Ltd) under Portfolio Investment Scheme (PIS), through secondary market in India.

Shreyas Shipping & Logistics, with an intention to meet the requirements of its increasing logistics operations, has decided to augment its fleet strength. It has signed Memorandum of Agreement (MOA) for purchase of fully cellular ship of 1021 Teu capacity, built in 1990 at a cost of about Rs 50 crore. With the purchase of this vessel, the fleet strength increases to eight. The company has added 17 per cent tonnage with this purchase.

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