Our Bureau

Mumbai, March 29

The foreign institutional investment limit in certain Reliance group companies has fallen below the caution limit. Therefore, FIIs can purchase the shares in the secondary market under the portfolio investment scheme, said Reserve Bank of India in a press release.

The investments would be subject to the existing ceilings and guidelines in this regard, said RBI.

The companies are Reliance Capital Venture, Reliance Communication Venture, Reliance Energy Venture and Reliance Natural Resources.

(This article was published in the Business Line print edition dated March 30, 2006)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.