RBI allows foreign investments in HPCL
Mumbai, Sep 21 (UNI) The Reserve Bank of India (RBI) today said the foreign institutions can invest in state-owned Hindustan Petroleum Corporation Limited (HPCL), as foreign holdings in the company were under permissible limits.
However, the investment should be made through secondary market, the central bank's statement added.
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Story first published: Thursday, September 21, 2006, 21:35 [IST]