Search Result for : Fpi

By Abin Daya With GST now firmly in our midst, we are now getting used to working with the associated processes and systems. The benefits and the impact will take a couple of quarters to understand and evaluate, and till such time, as I have said earlier, all of us will have a very steep learning curve. In the meantime, RBI has extended the relaxations for caution listed exporters till July 15. Just as well, since the double whammy of GST and caution list restrictions would have been a little too much to deal with at the same time. EDPMS and the exporters’ caution list is definitely not the end of it; IDPMS has already got implemented. Additional developments on this front ...

The Dollar Business Bureau Even as the government looks to double India’s food processing exports over the next five years, a recent report by Dun and Bradstreet has suggested that the sector will register a subdued growth this fiscal due to a sluggish global demand. According to the report, food exports are projected to remain subdued in 2017 due to slowdown in global demand, while the share of FPI related commodities to total exports could remain marginally moderate.  The exports of FPI and related commodities slumped by 18% y-o-y to $29.7 billion in FY16, in line with the falling trend in India’s overall outbound shipments. Looking at the sector’s exponential growth prospects in future, the government has set an ambitious target of doubling its processing levels to 20% by 2019 from ...

PTI Seeking to deepen capital markets, regulator Sebi on Friday offered direct entry to well-regulated foreign investors for investing in corporate bonds and relaxed the norms for raising funds through infrastructure and real estate investment trusts. At the same time, Sebi also unveiled a number of steps to check misuse of private equity agreements for grant of share price-based remuneration and proposed to ban use of bulk SMSes, emails and new-emerging techniques like games, competitions and trading leagues for luring the gullible investors into fraudulent activities. Sebi also allowed foreign investors to own up to 15 per cent stake in domestic stock and commodity exchanges, a move that is expected to help attract more overseas funds. Currently, foreign entities can hold only up to 5 ...

The Dollar Business Bureau  There has been a record inflow of over $1.3 bn from foreign funds into India in month of August. This is primarily an infusion of strong capital into passive funds, reported Kotak Institutional Equities report. "Listed fund flows to India recorded USD 1.34 billion in August with strong inflows in passive funds at USD 845 million,” said the report. In comparison there has been $1.2 bn in July after 332 mn were withdrawn in June. Overall the country has seen an infusion of $545 million till date this year.  Taiwan is the other country that attracted an inflow of $1 bn. The listed funds – ETF’s or passive exchange traded funds and active non-ETFs- generally attract large amounts of ...

The Dollar Business BureauGovernment debt securities on Tuesday attracted bids worth Rs.10,599 crore from foreign investors compared to Rs.9,358 crore in an online auction. BSE's e-bidxchange platform on Tuesday conducted a two-hour auction. 34 bids out of 38 were successful. The debt auction quota allows overseas investors a right to invest in the debt. They can invest up to their limit purchased. The total investment in government debt (auction) had reached Rs 136,736 crore till July 21, which was 94.96 per cent of the total permitted limit of Rs 1.44 lakh crore, said the depository’s data. In an online auction undertaken last month, the government debt securities attracted bids worth Rs.7,227 crore from foreign investors compared to Rs.7,264 crore on offer. However, bonds to the ...

The Dollar Business Bureau The foreign investors have brought in over Rs.3,700 crores into the Indian stock market in June, thereby raising the total investment amount to over Rs.20,600 core so far during the current fiscal period. The investment in June is also followed by a lurching inflow of more than Rs. 32,000 crore in preceding three months. The incoming investments are mainly on the hopes of good monsoon expected this year. “Good monsoons should drive improvement in earnings in 2016-17 and India remains a long-term structural story. Better near-term as well as long-term catalysts might have led to higher flows,” said Nilesh Shetty Quantum AMC Associate Fund Manager Equity. The foreign portfolio investors turned the net buyers of equities after pulling out Rs.41,661 crores ...

The Dollar Business Bureau With plans to attract more foreign investment, the Reserve Bank of India has laid down rules allowing up to 100% Foreign Direct Investment in Credit Information Companies (CICs). This is allowed only if the ownership of the company is very well diversified. If the ownership is not well-diversified, then there is a FDI cap of 49 percent. A diversified company is where one or more shareholders own more than 10 percent of the voting rights. RBI earlier has said that it may consider allowing foreign investments in the companies that have established a track record of running a Credit Information Bureau in a well-regulated environment. Talking about the investments by Foreign Institutional Investor (FII) and Foreign Portfolio Investment (FPI), RBI ...

Source: PTI    A favourite of foreign investors for many years, Indian equities seem to have lost the plot this year as the net inflows of the so-called ‘hot money’ or foreign portfolio investments dipped below $3 billion. This marks a sharp decline from an average $20 billion invested by the Foreign Portfolio Investors (FPIs) into Indian stocks in each of the last three years. In contrast, the debt market kept overseas institutional investors captivated with its relatively steadier return promise and attracted net inflows in the excess of Rs.50,000 crore (well above $8 billion) this year. With a couple of weeks still left before curtains are drawn on 2015, the experts believe the final tally for the equities may be ...