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MNC REALTY FUNDS MAY GET TO INVEST AT PRE-IPO STAGE (Reserve Bank of India agrees with others).
(From India Business Insight)
Holding views differing from others at a high-powered Sep 2006 meeting, Reserve Bank of India at the end has agreed to reconsider its stand that foreign institutional real estate investment as a pre-IPO investment is no different from foreign direct investment and therefore is a …
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