Page 3 - Foreign Investments

Why investors are pulling money from Indian stocks in favour of China

Even after the recent selloff, MSCI India trades at 22 times forward earnings, more than 1.5 standard deviations higher the its two-decade average, Chinese stocks are a lot cheaper, by comparison

FIIs cash out from equities post Budget 2024 on capital gains tax tweaks

FIIs net sold stocks worth Rs 10,712 crore in the cash market, and index futures worth Rs 10,336 crore in the derivatives segment in the three trading sessions post Budget 2024.

Citigroup expects India to attract $100 billion in foreign Investments

Apart from climate transition, India's forays into electronics and infrastructure-related manufacturing are gaining prominence with investors abroad, an expert said

Foreign airlines, realty firms flock to India: 59 new registrations in FY24

Education, IT and consulting, electronics among sectors attracting overseas entities

Disappointment in Lok Sabha poll outcome will be short-lived: Pradeep Gupta

The Indian markets appear to be expensive, on an absolute basis, with 1-year forward valuation at 20 times. The overall risk/reward ratio, thus, seem unfavourable on a historical basis, Gupta said

Foreign investment dwindles as India struggles to boost oil production

India's high demand for oil and low domestic output are increasing the dependence on imports. The 'supportive' upstream policy, if backed by lower taxes, could turn things around

Trump took $7.8 mn in foreign cash while in office. He'd do it again

Latching on to either of those arguments to let Trump off the hook would be a mistake

Indian investors put in $335 mn as FDI in Dubai during Jan-June: Report

Indian companies made FDI investments of USD 335 million in Dubai during January-June, Vestian on Tuesday said. The foreign direct investments (FDI) into Dubai from Indian companies stood at USD 541 million in the entire 2022, real estate consultant Vestian said citing data of the Department of Economic Development, Dubai FDI. "Dubai witnessed significant investments (FDI) from Indian investors, amounting to USD 1.6 billion between 2020 and H1 (January-June) 2023. Dubai's strategic location along with tax-friendly policies act as a key incentive for Indian investors and business owners who are looking to expand into new markets," Vestian said in a statement. In the first six months of 2023, India was amongst the top countries investing in Dubai with a cumulative investment of USD 335 million, it said. In terms of investments in the number of projects, India has outnumbered Canada and Latvia with investments in a total of 123 projects.

CM Patel visits Japan to promote Vibrant Gujarat Global Summit 2024

A high-level delegation led by Gujarat Chief Minister Bhupendra Patel reached Tokyo in Japan on Sunday morning to promote the upcoming Vibrant Gujarat Global Summit 2024. The 10th edition of the summit will be held between January 10 and 12, 2024. The biennial summit serves as a platform for businesses and governments to explore investment opportunities and establish partnerships. Ambassador of India to Japan Sibi George received CM Patel upon his arrival there, the Gujarat government said in a statement. The delegation held a meeting with Yamanashi Prefecture Governor Kotaro Nagasaki. Chief Minister Patel and other members of the delegation also visited Yamanashi Hydrogen Company, stated the release. They discussed with the Yamanashi governor about investment potential in Gujarat in the green hydrogen sector. Governor Nagasaki warmly welcomed Patel and the delegation and expressed hope that the visit would further strengthen the bilateral relations, the release said. He gave an

Cabinet approves foreign investment of up to Rs 9,589 cr in pharma company

The FDI has been approved by way of the transfer of shares from existing shareholders and public shareholders through a mandatory Open Offer

India's real estate sector received $1.6 bn investment in Apr-June: Report

The institutional investment worth $1.6 billion was led by foreign investors and commercial assets such as hospitality projects, offices, retail, etc

China's policy-making scaring away foreign investors that its cities want

Local officials are cold calling foreign entrepreneurs and bringing roadshows overseas as they seek to bolster coffers depleted by years of pandemic spending and a cratering property market

Foreign investment in India slowing but shift from China spells opportunity

Only few states drawing companies' attention to set up projects

RHI Magnesita investing Rs 3,600-cr in India to expand capacity: CEO Borgas

Vienna-based RHI Magnesita is investing Rs 3,600 crore in the Indian market over the next two-three years to increase its production capacity and modernise plants, its global CEO Stefan Borgas said. The company has utilised a portion of the Rs 3,600-crore capital expenditure to acquire two refractory assets in India, Borgas told PTI here. "We have earmarked a Rs 3,600 crore investment in India. This would go towards organic and inorganic capacity expansion and modernisation of the Indian manufacturing facilities," the CEO said, adding that the capital infusion will be through its subsidiary RHI Magnesita India Ltd. RHI Magnesita India is a manufacturer and supplier of refractory products, systems, and solutions for industries such as steel, cement, non-ferrous metals, and glass. The company recently completed the acquisition of Dalmia OCL and the refractory business of Hi-Tech Chemicals for Rs 1,708 crore and Rs 621 crore, respectively. The refractory building capacity of the comp

Rupee gains nearly 100 paise in two days to below 82 against dollar

Overseas flows, lack of RBI dollar buys behind best rupee showing in 2 months

Uttar Pradesh looks for image makeover with roadshows in 18 nations

The state is targeting investment proposals worth Rs 10 trillion

India's real rate shouldn't be more than 1%: MPC member Ashima Goyal

In a Q&A, she says the interest differential with US does not matter so much because India has caps on interest sensitive inflows. Overseas investment is a very low share of the country's debt market

Mann to visit Germany from Sep 11-18 to push Punjab's industrial growth

Punjab Chief Minister Bhagwant Mann will visit Germany from September 11-18 to attract investments and strategic tie-ups. This will be Mann's first foreign visit after he took oath as the chief minister in March. "In order to give a major push to the industrial growth of the state, Punjab Chief Minister Bhagwant Mann will be undertaking a tour of Germany from September 11-18," an official statement said here on Friday evening. During the tour, the chief minister will be meeting business delegations and prominent companies to rope in investments and strategic tie-ups in key sectors like renewable energy, car manufacturing, pharmaceuticals and advanced agriculture practices, among others, it said. Mann will hold a meeting with companies like BMW, BayWa and others during his stay in Munich, Frankfort and Berlin. "This crucial visit of the Chief Minister is likely to immensely benefit the state in getting huge investments, technical know-how and expertise from German companies," said

HNIs more cautious on foreign investment after new rules kick in

According to the new rules of the liberalised remittance system (LRS), an Indian resident can now invest $250,000 a year in foreign stocks, debt etc

India must invite component makers first before OEMs: R C Bhargava

Foreign investment will come readily if the supply chain already exists, says Maruti Suzuki chairman