Nava Bharat Ventures today said it will increase the investment limit of foreign institutional investors in the company to 40 per cent.     

In a filing to the National Stock Exchange, the Hyderabad-based infrastructure company said pursuant to the receipt of letter from the Reserve Bank of India, the ceiling of investment by FIIs and Non-resident Indian entities would stand increased to 40 per cent and 24 per cent, respectively.     

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New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

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