But the real winner in this battle may be Carlos Slim Helu Carlos Slim Helu , the Mexican telecommunications magnate who managed to turn his stake in a struggling long-distance company into over a billion dollars.

FORBES: Verizon's Slim Shady

While there has always been a rush for investment in government bonds and corporate bonds, the sub-limits and restrictions had resulted in a situation where very little was money was flowing into the long-term bonds of infrastructure companies, where investment was earlier capped at 25 billion dollars.

WSJ: India to Ease Foreign Investment Rules in Bonds