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To: Mohan Marette who wrote (710)2/14/2000 4:23:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 1471
 
Hike in foreign investment limit for infotech firms mooted

New Delhi, February 14 (HT Correspondent)

National association of Software and Service Companies (Nasscom) has urged the Finance Minister to increase the upper limit for investment by foreign institutional investors (FIIs) in infotech companies to at least 40 per cent of the total stake from the present level of 30 per cent.

hindustantimes.com