Financial Daily from THE HINDU group of publications
Sunday, Jul 10, 2005
Financial Daily from THE HINDU group of publications Sunday, Jul 10, 2005 |
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Markets
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Foreign Institutional Investors RBI cap on FII buying in HPCL Our Bureau
MUMBAI: Hindustan Petroleum Corporation Ltd has reached the Foreign Institutional Investor (FII) limit of 22 per cent of its paid capital, the Reserve Bank of India has said in a press release. RBI has notified that no further investment should be made in HPCL on behalf of FIIs through primary/secondary markets without the permission of RBI.
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