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Allow Fiis, Nris 100% Stake In Indian Firms, Says Cii

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BUSINESS STANDARD
Last Updated : Feb 07 2013 | 1:37 AM IST

In an attempt to revive the capital market, the Confederation of Indian Industry (CII) today asked the government to allow foreign institutional investors, overseas corporate bodies and non-resident Indians to hold up to 100 per cent in Indian companies as against the existing 49 per cent limit.

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First Published: Sep 17 2001 | 12:00 AM IST

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