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Govt allows Lupin to hike FII limit cap to 49%

Last Updated: Wednesday, January 28, 2015, 21:08

The government Wednesday allowed drug maker Lupin to raise the cap of foreign institutional investor holding to 49 percent, a move that would facilitate an inflow of Rs 6,099 crore.

'No logic for FIIs to invest in debt as arbitrage dips'

Last Updated: Tuesday, June 18, 2013, 20:57

The economic logic for foreign funds to invest in domestic debt instruments is withering away as yield differentials are narrowing fast, owing to a steep fall in the rupee, a senior SBI official said Tuesday.

FII sells 13 lakh Bajaj Finance shares for Rs 163 crore

Last Updated: Friday, December 21, 2012, 19:24

Foreign institutional investor El Dorado Holdings today offloaded nearly 13 lakh shares of Bajaj Finance for Rs 163 crore.