Comments
Shares of UltraTech Cement and Teamlease Services will remain in focus, as the RBI on Tuesday raised the investment limit of foreign portfolio investors in these companies. The FPI limit has been increased to 75 per cent in Teamlease from the current 24 per cent, said the RBI notice, while in UltraTech Cement, the ceiling has been raised to 40 per cent of the paid-up capital. Currently, FPIs hold 24.64 per cent stake in Teamlease and 22.57 per cent in UltraTech.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.