Business - Briefly   

Mauritius-based FII hikes stake in RCL

NEW DELHI: Copthall Investment, a Mauritius-based foreign institutional investor (FII), has hiked its stake in Reliance Capital to seven per cent after Anil Ambani's group came up with a Rs. 2,673-crore preferential issue last month. Copthall has acquired 60 lakh shares, aggregating to 4.18 per cent of the total paid up capital of Reliance Capital, its merchant banker Citibank informed the National Stock Exchange.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

SEBI panel moots revised broker fee
Sensex closes at new peak of 7797
Tata Power plans huge outlay
TCS pact with Italian firm
French industry to explore investment opportunities
Sharp drop in rupee
Infy's China investment
Singapore, South Korea sign FTA
Amtex Systems to expand operations
SumTotal to acquire Pathlore Software
Kingfisher ties up with ICICI Bank
India may invest in gas pipeline project
Exchange rates
Bullion rates
Mauritius-based FII hikes stake in RCL
No withdrawal of flood cover: IRDA
CLB reserves order on Purnendu petition
Ma Foi net revenue at Rs. 14 cr.
Paper Products plans new facility
Aurobindo Pharma raises $60m
Pressman Advertising gets ISO 9001
Bajaj Allianz launches MahilaGain
SIRC-ICWAI office bearers
Nokia launches new handset
Hughes' next generation broadband routers
Customer service solution from HCL Tech
Dubai to host Global Village Festival
Canara Bank to focus on rural sector
Tally launches new programme
Joins Microsoft Development Centre

Copyright © 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu