Financial Daily from THE HINDU group of publications
Sunday, Apr 24, 2005
Financial Daily from THE HINDU group of publications Sunday, Apr 24, 2005 |
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Markets
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Foreign Institutional Investors FII investment in Bharat Forge, Divi's Our Bureau
Mumbai , April 23 THE Reserve Bank of India has allowed foreign institutional investors to buy equity shares and convertible debentures of Bharat Forge up to 40 per cent and of Divi's Laboratories up to 30 per cent. FII investment in these companies has been permitted as these companies have sought their board of directors and shareholders' permission through resolutions.
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