General Trading Chat

TradeJoker

Well-Known Member
NEW DELHI (Reuters) - The Indian government on Wednesday raised the limit for foreign investment in the country's stock exchanges to 15 percent from 5 percent, saying the change would enhance India's global competitiveness and boost its capital markets.

India also approved a proposal that will allow foreign portfolio investors to acquire shares when they are initially offered for sale, as in an IPO, and not just on the secondary market
 

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