An FPI is barred from making fresh purchases of a stock on the floor of the exchange once its stake in the company exceeds 10%. This stems from the regulation under which the entire holding is treated as foreign direct investment (FDI).
Berkshire Hathaway shares slide after earnings, CEO letter
Berkshire Hathaway shares experienced their largest drop since Warren Buffett’s CEO succession announcement, as financial results missed analyst expectations. The conglomerate’s fourth-quarter operating profit fell