Page 8 - Foreign Investors

Top headlines: Hero Moto targets enhanced mkt share, market wrap and more

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Trends, trading activity of foreign investors to guide markets: Analysts

With the first quarter earnings season coming to an end, the domestic equity markets would be driven by global trends and trading activity of foreign investors this week, analysts said. The movement of global oil benchmark Brent crude and the rupee against the dollar would also drive trends in the market. "Macroeconomic indicators, trends in global stock markets and FII activities will be pivotal in shaping market trends in the coming days," Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, said. The market will react to some key global events such as the US existing home sales, initial jobless claims, and Eurozone S&P global composite PMI, Arvinder Singh Nanda, Senior Vice President at Master Capital Services Ltd, said. "With Fed Chair Jerome Powell's speech and more macro data lined up globally this week, we expect domestic as well as global markets to remain under pressure. Also, RBI would release its meeting minutes on Thursday. "However, action is likely to .

China looks to attract foreign investment as its economy struggles

The 24-point plan from the State Council - China's cabinet - also promises to relax regulations on transferring data overseas, among other measures

Rupee's plunging volatility leaves foreign investors guessing RBI's moves

The RBI has added back $32 billion in reserves already this year as it absorbed foreign inflows to keep the currency steady, while its dollar forward book also climbed by around $10 billion

Xi Jinping vows to protect foreign investors ramps up charm offensive

'Development is the top priority of the Communist Party of China in governing and rejuvenating the country,' Xi told New Zealand Prime Minister Chris Hipkins

Markets logs fresh all-time highs amid gains in index heavyweights

Nifty settles at record close; FPI flows drive the rally

Restrictions on foreign spends erode Brand India

Any nation that restrains its citizens from investing or spending money overseas will face difficulty in becoming a superpower

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

To woo foreign investors, Tamil Nadu too clears bill allowing 12-hour work

Second state after Karnataka to take the decision; provision for 4-day work weeks

Manufacturing: PM has multiple holes to fill before pvt capital rushes in

Yet, a look at the Indian units of long-established multinationals shows how much help the industrial sector will need

Foreign investors to seek review of enhanced rules after Adani rout: Report

In the first week of February, SEBI wrote to custodian banks asking them to reach out to their FPI clients by March and share details of beneficial owners by the end of September

$15 bn buyout of Toshiba Corp leaves global companies on sidelines

The Japanese bidding consortium also wants to avoid triggering Chinese antitrust scrutiny by bringing in foreign investors

Govt mulls modified valuation norms for taxing foreign investments in cos

The Income Tax Department is likely to come out with modified valuation rules under the I-T Act for ascertaining the fair market value (FMV) of shares of unlisted companies for the purpose of levying tax on non-resident investments, an official said. The Finance Bill, 2023 has proposed amending Section 56(2)(viib) of the I-T Act, thereby bringing overseas investment in unlisted closely held companies, excepting DPIIT-recognised startups, under the tax net. The official said that amendments are needed as I-T Act and FEMA provide different methodologies for calculating the FMV of shares of unlisted companies. "Rule 11UA of I-T rules will be re-prescribed taking into account the concerns expressed by stakeholders to harmonise it with the FEMA regulations," the official told PTI. Rule 11UA deals with determination of FMV of assets, other than immovable property. Under the existing norms, only investments by domestic investors or residents in closely held companies were taxed over and

No extension to lower withholding tax triggers concern among FPIs: Report

Currently, FPIs investing in government securities and corporate bonds avail concessional 5 per cent withholding tax rate

Adani's $108 billion crisis shakes foreign investors' faith in India

The Adani Group has shed $108 billion in market value since Hindenburg Research accused it of stock manipulation and accounting fraud in a Jan. 24 report

Govt paves way for IFSC units to issue P-notes to foreign investors

With an aim to boost business activities in the international financial hub GIFT IFSC, the government in the Budget paved the way for IFSC units to issue participatory notes or offshore derivative instruments to foreign investors. Participatory notes (P-notes) are issued by registered foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. Till December 2022, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- was at Rs 96,292 crore, data with the Securities and Exchange Board of India (Sebi) showed. Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday recognised "offshore derivative instruments (ODIs) as valid contracts" in order to enhance business activities in the Gujarat International Finance Tec-City (GIFT City). In line with the Budget's announcement, it is likely that ...

Pension funds trim India bets, assets down nearly Rs 60,000 cr in 2022

China's reopening of the economy could be one factor for the trend, say analysts

Top Headlines: Oil's impact on budget, Microsoft cuts 10,000 jobs, and more

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FPIs withdraw Rs 15,000 crore from equities in 2 weeks of January

Foreign portfolio investors (FPIs) have been adopting a cautious stance towards Indian equity markets for the past few weeks

Promoters unwilling to infuse capital in Vi, govt stake unviable: Report

The promoters are willing to infuse Rs 2,000-3,000 crore but it is too less to revive the company