The total outstanding NRI deposits reached $168.32 billion at the end of June 2025, up from $155.78 billion a year ago
The advantages of investing overseas through Indian mfs are clear: a stable regulatory framework, competitive fund choices, and the ability to invest small amounts systematically
Domestic telecom gear maker HFCL is betting big on growth from overseas sales and uptake of defence supplies as the company looks to become a Rs 10,000-crore revenue enterprise, a top company official said. Mahendra Nahata Managing Director HFCL during the company's recent investor call said the firm had an order book of Rs 10,000 crore as on December 31, 2024. "We are increasing our presence by appointing our own employees, distributors, and dealers in key global markets. Our goal is to achieve a substantial rise in export revenue from our optic fibre segment, with a significant portion of revenue coming from international markets in the coming years. Additionally, we aim for a considerable share of our telecom segment revenue to be export-driven," Nahata said. He said the company's board has granted approval for a strategic expansion into Europe by way of setting up an optical fibre cable manufacturing facility in Poland. "The European Commission on December 16, 2024 announced th
All of the companies have more cash on their balance sheets than their target common equity tier 1 ratios and have plans to reduce their strategic holdings over the next several years
Move to open the door for higher exposure in startups, mid-size firms
Profitability has been a mixed bag amid operational challenges
Amfi's hammer fall: No 'incentivisation programmes' beyond Indian shores
Plans to allow upto 49% foreign ownership; Move could be aimed at tapping overseas funds
May tap into overseas market for fundraising in H2FY25
Consider this route after developing a robust domestic portfolio and if you can invest minimum $50,000 annually
Investors have cited several obstacles to obtaining an onshore permit in India, including heavy documentation process, margin requirements for trading, barriers to freely move money out of the country
Overseas funds seen favouring less expensive Korea, Taiwan markets
The rupee appreciated 2 paise to 82.89 against the US dollar in early trade on Monday on the back of foreign funds inflow and retreating crude oil prices in the overseas market. Forex traders said subdued equity market sentiment and strengthening American currency weighed on the domestic unit. Also, they said investors adopted cautious approach ahead of inflation and other macroeconomic data to be released in India as well as in the US later this week. At the interbank foreign exchange, the local currency opened at 82.88 and slipped further to 82.89 against the greenback, registering a gain of 2 paise from the previous close. On Friday, the rupee settled 6 paise lower at 82.91 against the US dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, was 0.06 per cent higher at 103.92. Brent crude futures, the global oil benchmark, was trading 0.45 per cent lower at USD 82.25 per barrel. In the domestic equity market, the 30-share BSE Sens
The selling comes on the back of third quarter (3QFY24) earnings missed by HDFC Bank, Bajaj Finance, and Axis Bank. FPIs also pulled out over Rs 2,000 crore amid earnings miss by Hindustan Unilever
The total income of branches more than doubled to Rs 60,596 crore in FY23 from Rs 22,947 crore in FY22. The expenses grew to Rs 51,479 crore in FY23 from Rs 19,709 crore
Overseas funds held 31,549 more long index futures contracts than short contracts as of Thursday, turning to a net bullish position a day earlier for the first time since September
Bankers said the group's good track record in repaying debt on time has helped it raise funds at competitive rates from overseas
During the first fortnight of October, foreign portfolio investors (FPIs) withdrew Rs 2,069 crore from the power sector and around Rs 1,500 crore each from infrastructure and IT
The total assets under custody (AUC) from Mauritius declined nearly 42 per cent to Rs 3.25 trillion at the end of March 2023, from Rs 5.55 trillion a year ago.
Funds can disclose NAV by 10 am the next day from July