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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Nandu who wrote (5151)7/19/1999 3:10:00 PM
From: ratan lal  Read Replies (1) | Respond to of 12475
 
Nandu

AS far as I know the limit for NRI's w/o permission is 49%. SInce none of us will be buying more than 49% of INFY why isint everyone buying INFY shares and converting them to ADR's.

Of course one could short the ADR's the day shares are acquired to be sure that ADR's dont lose their value.