MNCs to buy shares directly from the market
The Reserve Bank of India (RBI) has issued a notification which will impact a little over 35 listed
foreign-owned & listed companies, as their parents will now be able to buy up to 5 % stake directly on the floor of the exchange. Foreign promoters can now transact just like FIIs
foreign-owned & listed companies, as their parents will now be able to buy up to 5 % stake directly on the floor of the exchange. Foreign promoters can now transact just like FIIs
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