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Who is an entity?
by Chandran KR on Oct 21, 2007 06:06 PM

The article gives a list of entities who can invest in P-notes. It is also said terrorists, mafia dons, underworld, and corrupt politicians are the ones who are driving the market up now. Can these people own the entities listed in the article? If a FII can invest upto 40% in P-notes. Can this FII have 100 percent of the funds of a gangster, say for eg. Dawood, or a terrorist entity like al-qaeda?

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What are P-Notes?