Page 7 - Investments In India

India-EU summit to bolster international trade, investment, says PM Modi

Ahead of the India-EU virtual summit, PM Narendra Modi and Portugal PM Antonio Costa said that strengthening the dialogue between the countries will boost mutual ties and benefit international trade

India looks forward to talks for investment pact with EU, says Goyal

India is keen to advance talks with the European Union (EU) towards an agreement on investment facilitation and protection for mutually beneficial outcome: Goyal

PE funding dips 7.7% to $3.44 bn across 260 deals in March quarter

Fund infusion by private equity funds declined almost 8 per cent in the March quarter this year to USD 3.44 billion across 260 deals, according to industry data. Though the value of private equity investments declined 7.7 per cent in Q1, the number of deals soared by 44 per cent to 260 from 180 in Q1 of 2020, show the data collated by the London Stock Exchange Group-owned Refinitiv that tracks global financial transactions and market action. Overall, 2020 saw the highest number of deals since 2010 with 810 private equity deals worth USD 34.44 billion. Software companies attracted the maximum PE interest in Q1 this year with USD 1,348 million equity invested compared to internet-specific companies in Q1 of 2020 with USD 2,053 million equity investment. Fundraising in Q1 stood at USD 1,605 million compared to USD 670 million (USD) in Q1 2020, an increase of 139 per cent year-on-year. The top deals are the USD 460 million raised by Think & Learn from five funds, followed by Dream11 .

ECM activities: ICICI Securities takes pole position with Rs 9K-crore deals

The first quarter of 2021 was strong for ECM activity with 46 deals worth Rs 56,300 crore, an increase of nearly 50% over the same period of 2020

NRI investment on non-repatriation basis to be treated as domestic: DPIIT

Investment by non-resident Indians (NRIs) on non-repatriation basis in an Indian company will be treated as domestic investment for the purpose of calculating indirect overseas inflows, according to a DPIIT press note. The Department for Promotion of Industry and Internal Trade (DPIIT) said that the government has reviewed the FDI (foreign direct investment) policy in relation to investments made by an Indian company owned and controlled by non-resident Indians (NRIs) on a non-repatriation basis. In order to provide a clarity on downstream investments made by NRIs, a clause has been added in the FDI policy. The clause was added in the guidelines for calculation of direct and indirect foreign investments. It said that "investments by non-resident Indians (NRIs) on a non-repatriation basis" as stipulated under a schedule of Foreign Exchange Management (non-debt instruments) Rules 2019 "are deemed to be domestic investments at par with the investments made by residents". "Accordingly

Windy Lakeside Investment picks stake worth Rs 800 cr in Adani Ports

The stake pick is subject to the approval of regulatory/ statutory authorities and the shareholders of the company.

Infra.market joins unicorn club with funding from Tiger Global, others

Infra.market is a construction materials focused online marketplace

PE/VC investments in 2020 at par with 2019 at $47.6 billion, says EY-IVCA

Investments in Reliance Group entities worth S$17.3 billion accounted for 36% of all PE/VC investments in 2020

Institutional investments record a sharp rebound in 2020, shows data

While more than half of the Rs 36,500-crore investment materialised in the last quarter, limited number deals indicate a narrow-based recovery so far.

ESG investing gathers steam worldwide amid Covid-19 pandemic: Experts

India, too, witnessed traction in ESG-related decision-making and product offerings, such as ESG-focused mutual funds, EY said.

Chris Wood hikes exposure to Indian equities despite expensive valuation

Wood believes that India will, sooner rather than later, be included in global bond indices as a result of recent liberalisation measures.

Ranking on Dow Jones indices could raise investment appeal, say analysts

Contingent liability a critical parameter too, according to analysts

Zoom's Eric Yuan, top Silicon Valley VC invest in retail-tech firm Arzooo

Funding amount not known; Arzooo is Yuan's first India investment. Bill Tai has 22 IPOs to his credit, was among first investors in Twitter, Zoom Video, Wish.com, Canva, and ColorGenomics

UP clocks fresh investment worth Rs 17,000 crore in industrial projects

Interestingly, the nodal officers had played a pivotal role in resolving issues of investors

Investing in digitisation in big way, targeting 1.3% of sales: Amrutanjan

Amrutanjan Health Care Ltd, is investing in digitisation in a big way, setting a target of garnering1.3 per cent of national sales through e-commerce, a top official has said.

Covid-19 selloff in March eats into EPFO equity returns in FY20

Investments accrue return of -8.3 per cent for the fiscal, down from 14.7 per cent in the previous fiscal

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At 14%, Indian households among the lowest invested in equities globally

Total financial assets of US households, according to the report, amounted to $94 trillion, or around 440 per cent of their gross domestic product (GDP) as at CY19-end.

Sebi allows exchanges to regulate registered investment advisers

Advisors say move can help curb mis-selling through stock tips

FDI inflows on the rise, great time to invest in India: PM to IBM CEO

In a virtual interaction with Krishna, the prime minister noted that while the world is witnessing a slowdown, FDI inflow in India is increasing