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Hike in India's foreign stake cap for insurers seen attracting US$3b
Published Fri, Mar 13, 2015 · 09:50 PM
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Singapore
INDIAN companies with insurance ventures, including Max India Ltd and Reliance Capital Ltd, are poised to benefit from higher foreign shareholding limits that may draw more than US$3 billion from overseas investors.
The passage of a bill raising the amount foreign companies can own in…
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