FII Investment limit in MphasiS BFL increased to 100 per cent

Bangalore: MphasiS BFL Ltd, a leading provider of system integration technology and BPO solutions for customer-focused corporations, announced today that the company has received the approval of the Reserve Bank of India for the increase of investment by Foreign Institutional Investors in the company from the current 24 per cent to 100 per cent of the paid up capital, through primary market and stock exchanges in India, effective 19 May 2004.