Indian Stocks Rise to 19-Month High

India’s stocks rose to their highest in 19 months after foreign direct investment into the nation jumped 61 percent and the government relaxed a rule to make some state-run companies globally competitive.

Tata Motors Ltd., the biggest truckmaker and owner of Jaguar Land Rover Ltd., soared to the highest in more than two years after foreign direct investment into the nation rose to $1.74 billion in November. Oil & Natural Gas Corp., the largest state-owned oil explorer, climbed the most in three weeks as the government increased the cap on the amount some state-run companies can spend to acquire assets and set up joint ventures. More

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