Future Group promoted by Kishore Biyani , which runs India’s largest retail chain in both value and lifestyle formats, on Thursday said it plans to open 25-30 B
Pantaloon hits FII limit, no further buying of shares allowed: RBI
March 30, 2010 By Leave a Comment
The Reserve Bank today said foreign institutional investors cannot purchase shares in Kishore Biyani-promoted Pantaloon Retail anymore as the company has hit the FII limit. “No further purchases of shares of Pantaloon Retail would be allowed in the stock exchanges in India on behalf of FIIs/NRIs/PIOs,” RBI said in a release. The RBI direction came [...]
Recent Comments