5blSitiCol.eps
The Reserve Bank of India on Monday allowed foreign institutional investors (FIIs) and registered foreign portfolio investors to invest up to 49 per cent of the paid-up capital of SITI Cable Network. Earlier, the company had received board and shareholder approval for the enhancement of FII holding. Currently, FIIs hold 13.88 per cent stake in the company, in which Citigroup, Morgan Stanley and Potus Global have exposure.
More Like This
Published on January 4, 2016
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.