MoneyWorks4Me

HCL Technologies gets nod from FIPB to raise FDI limit to 74%

20 Sep 2013 Evaluate

HCL Technologies has received approval from the Foreign Investment Promotion Board (FIPB) to raise the limit on overseas holdings in the lender to 74% from 49%. Currently, the FII holding in the company is 24.45%, while domestic institutional investors have 6.49%.

HCL Technologies is a leading global IT services company working with clients in the areas that impact and redefine the core of their businesses.

Peers
Company Name CMP
TCS 2108.35
Infosys 1019.50
HCL Technologies 1200.00
Wipro 162.20
Tech Mahindra 1538.40
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