Page 7 - Foreign Investors

Foreign investors pull out Rs 5,920 cr in August despite surcharge rollback

In July, overseas investors had pulled out a net amount of Rs 2,985.88 crore from the capital markets

Investors from Singapore and Cyprus may come under tax scrutiny in India

Last month, the Centre ratified the multilateral instrument (MLI) to prevent base erosion and profit shifting (BEPS)

A $677 billion fund manager spots buy opportunity amid India sell-off

Aberdeen Standard Investments Ltd manages $676.8 billion as of end-March, globally

Investors may find it hard to dodge India's plan to tax the super rich

The government has maintained that it is not specifically targeting overseas investors and that the increase in surcharge applies to individuals and entities

Govt to soon issue clarification on applicability of surcharge on FPIs

There are concerns that the increased surcharge on super-rich could also affect foreign funds investing in India

FPIs remain net buyers for 5th month in a row, pump Rs 10,384 cr in June

So far in 2019, the FPIs have invested a net cumulative amount of Rs 87,313.22 crore since January, the data showed

Foreign investors picking controlling stakes in companies on the rise

Cash-strapped Indian companies focusing on reducing debt rather than acquiring new assets

Foreign investors have good appetite for InvITs, says India Inc

Sebi had reduced the minimum subscription limit for InvITs from Rs 10 lakh to Rs 1 lakh last month & raised the leverage limit from 49% to 70%

Two large India-focused foreign funds trim exposure over oil, rupee, polls

India-focused funds based abroad are reshuffling their portfolios to deal with uncertainties that have crept up in recent months. Franklin Templeton Investment (Franklin India MF) reduced its exposure by $830 million (Rs 58.6 billion) in the September quarter. Aberdeen Global (Indian Equity Fund MF) pruned its exposure by $130 mn (Rs 9.1 bn) in October. While the extent to which this cut was related to price fluctuations couldn't be ascertained, Bloomberg data shows Franklin India MF had reduced its shares' position in 19 of the 42 companies in its portfolio. It only increased its stake in six entities; its shareholding was unchanged in 16 others. Notably, it completely exited its position in five companies, including Axis Bank, State Bank of India and HCL Technologies. In the case of Aberdeen Global Indian Equity Fund, the stakes were raised in four companies, while the shareholding was cut in 11 others. In the remaining 19, the share position was left unchanged.In its fund ...

Wooing foreign investors: Easing of access norms to boost trading at GIFT

The decision of Securities and Exchange Board of India(Sebi) to allow 'omnibus' trade structures at Gujarat International Finance Tec-city (Gift City), India's first international financial services centre(IFSC), has brought cheer among offshore investors. Curbs imposed on participatory notes (p-notes) last year had restricted participation of overseas investors in the domestic derivatives market. These investors will be to resume their trading without having to apply for a foreign portfolio investor (FPI) license, experts say."This is a big step towards enhancing liquidity in the IFSC market. It will result in a win-win situation for all. P-note investors, who were barred from accessing Indian derivatives market, unless directly registered as FPI, will have something to cheer about. They will now be able to access Indian stock derivatives in IFSC without worrying about the hassle of KYC requirements. Prime brokers issuing p-notes who have been on the receiving end of the ...

RBI eases rules for foreign investors, lifts 3-yr cap on bond investments

Move follows weak interest in two recent auctions that saw a spike in sovereign debt yields

FPI outflow in April at Rs 80 bn on trade negotiations, rising bond yields

'Domestic political developments, high valuations and application of long-term capital gains tax on equities have further dampened sentiment in India'

Foreign investors' bearish stance continues in March; outflow at Rs 60 bn

This follows an outflow of over Rs 110 billion from the capital markets - equity and debt - last mont

Bond rout may not be enough for India to let more foreigners in

The Reserve Bank of India is expected to review the cap on foreign investment in rupee notes, currently set at around 5 percent, in March or April

Expecting earnings recovery, FPIs put $3 bn in Indian markets in Jan so far

In the entire 2017, FPIs put in a collective amount of Rs 2 trillion in equity and debt markets

'Investors don't want terms to change after they've invested in country'

Saritha Nayyar, chief operating officer of WEF, also calls for creating agricultural clusters to facilitate more players in the food processing sector

FPIs stay glued to Indian market, put in $4.2 bn in May

According to latest depository data, FPIs invested a net Rs 7,711 crore in equities last month

India remains a hot favourite among foreign investors: Jigar Shah

Interview with the chief executive officer of Maybank Kim Eng Securities

Invest Rs 10 cr, be a permanent resident of India

Finance Minister Arun Jaitley had revealed the proposal for long-term residency in February, without providing details

FPIs stay glued to Indian market, pump in Rs 1,800 cr in May

In March-April, Foreign Portfolio Investors (FPIs) had poured in Rs 29,558 crore into the markets