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Tag Archives: Speciality Injectables

RBI restricts foreign investors from buying in Claris Lifesciences

The Reserve Bank of India (RBI) has restricted the Foreign Institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs) in Claris Lifesciences as the foreign investors have crossed the overall limit of 24% of paid-up capital of the company. RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis. Claris ... Read More »