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Mnc Delisting To Hurt Investor Confidence, Says Panel

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BUSINESS STANDARD

The parliamentary standing committee on finance has said that the delisting of shares by multinationals will erode investor confidence and has asked the government to lay down a clear policy on this issue.

It has also said the government should not concede their requests to defer their initial public offerings.

The report of the committee tabled in Parliament says,

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First Published: Apr 26 2002 | 12:00 AM IST

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