ESG investing, or "sustainable investing" is about responsible business conduct, and cigarette firms were globally being screened out by this class of investors
The promoter holding currently 50.14%. Under Sebi rules, promoters will have to acquire at least 39.86% stake (1.48 billion shares) from public to ensure successful delisting
For the write off, the process prescribed in the operational guidelines has to be complied with, Sebi added
Dhiraj Relli, MD and CEO of HDFC Securities says that a weak dollar could help improve India's trade and current account situation and FPI flows
The investment legroom for FPIs in HDFC Bank, Kotak Mahindra Bank, and IndusInd Bank has reduced, according to index provider FTSE, which has dropped these stocks from some of its indices
From GoM taking up proposal on gold e-way bills to PM Modi unveiling friendly measures for honest taxpayers, here are top headlines of the day
Here are the top headlines of the day
The corporate fundamentals have been improving over the quarter and making many bluechip companies attractive for FPI investors
According to the depositories data, a net sum of Rs 7,563 crore was invested in equities while Rs 4,262 crore were withdrawn by FPIs between July 1-31
China's economy grew 3.2% in the second quarter, following a slump of 6.8% in the first, according to its National Bureau of Statistics
In the previous month, FPIs were net buyers to the tune of Rs 24,053 crore
In L&T Infotech and L&T Technology Services, their stake touched an all-time high level.
The latest withdrawal has come after investment of Rs 24,053 crore by FPIs in domestic markets in June
P-notes are issued by registered foreign portfolio investors to overseas investors who wish to be part of the Indian stock market without registering themselves directly
Fitch has used the pandemic impact to comment on lower growth for India, which can be -5 per cent this year due to the lockdown and its effects
This is four times the amount of Rs 774 crore invested at the end of the previous quarter
Rating agency ICRA had earlier in February estimated that Rs 2 trillion would likely be raised through the InvIT route over the next five years
According to provisional data provided by stock exchanges, overseas funds were net sellers to the tune of Rs 919 crore
The Budget earlier this year announced a 20% withholding tax on dividends paid to FPIs
After climbing to 34,928 in intra-day trade, the Sensex settled at 34,371 - 557 off the day's high but 83 points more than the previous close