Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
01 November, 2014 05:04 IST
News
RBI lifts restriction on foreign investment in Pantaloon
Source: RBI | 22 Jan, 2013, 12.55PM
Comments  |  Post Comment

The Reserve Bank of India (RBI) removed restrictions on investment by Foreign Institutional Investors/Non Resident Indians/Persons of Indian Origin under Portfolio Investment Scheme in Pantaloon Retail (India).

The RBI decided to lift restrictions after the aggregate share holdings by foreign participants has gone below the prescribed threshold limit stipulated under extant Foreign Direct Investment Policy.

Further, the RBI said such investors are free to invest within the enhanced ceiling.

Shares of the company gained Rs 30.3, or 12.49%, to trade at Rs 272.90. The total volume of shares traded was 3,984,175 at the BSE (12.39 p.m., Tuesday).



Future Retail Limited   (Q,N,C,F)*


News
D S Kulkarni Developers standalone quarterly net up 22.93% - 31-Oct-2014 18:37
Apcotex Industries standalone quarterly net soars 2.84 times - 31-Oct-2014 18:01
National Oxygen loss widens in Jul-Sep quarter - 31-Oct-2014 17:33
Angel Broking maintains Neutral on Ambuja Cement - 31-Oct-2014 17:22
Dalmia Bharat Sugar and Industries loss narrows in Jul-Sep quarter - 31-Oct-2014 17:19
Angel Broking recommends Neutral on Union Bank - 31-Oct-2014 17:18
Angel Broking recommends Buy on M&M - 31-Oct-2014 17:14
Hatsun Agro Product standalone quarterly profit plunges 66.78% - 31-Oct-2014 17:09
NMDC standalone quarterly profit rises 18.83% - 31-Oct-2014 16:59
Igarashi Motors India standalone quarterly net falls 39.64% - 31-Oct-2014 16:55
M C S loss narrows in Jul-Sep quarter - 31-Oct-2014 16:33
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   k2fh3g into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer