(AFX UK Focus) 2010-03-08 04:02 Fidelity to sell 2pct in India commodity bourse-paper (Interactive Investor)

7 March 2010, 8:27 pm

MUMBAI, March 8 (Reuters) - Global fund manager Fidelity International is selling around 2 percent of its holding in India's largest commodity bourse to meet a regulatory cap of 5 percent for any single foreign shareholder, the Economic Times said. Intel Capital (Mauritius), an investment arm of chipmaker Intel Corp, is the buyer of the stake in Multi Commodity Exchange of India, the newspaper ...... Read More »

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