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UPL surges; RBI removes foreign buying restriction

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Reuters

Reuters Market Eye - Shares in agrichemicals and pesticides firm UPL Ltd surge 3.9 percent.

RBI removes restriction on purchase of shares by Foreign Institutional Investors in company.

RBI says foreign portfolio investors' shareholding has dipped below the threshold limit.

(Reporting by Abhishek Vishnoi)

 

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First Published: Oct 14 2014 | 11:29 AM IST

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