(Reuters) - In March, the exchange said Morgan Stanley ,
Citigroup and private equity firm Actis had entered into
agreements to buy stakes totaling 6 percent for undisclosed
sums.
India caps foreign investment in its stock exchanges at 49
percent, including foreign direct investment of 26 percent and
foreign portfolio investment of 23 percent. Any one strategic
investor's stake is limited to 5 percent.
Read more at Reuters.com Mergers News
Citigroup and private equity firm Actis had entered into
agreements to buy stakes totaling 6 percent for undisclosed
sums.
India caps foreign investment in its stock exchanges at 49
percent, including foreign direct investment of 26 percent and
foreign portfolio investment of 23 percent. Any one strategic
investor's stake is limited to 5 percent.
Read more at Reuters.com Mergers News
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