A preferential issue of equity shares from Japan’s MUFG Bank to raise Rs 39,617.98 crore has been approved by Shriram Finance. With the investment, MUFG will have a fully diluted 20% share in the business. In Friday’s trading, Shriram Finance’s share price increased by almost 5%. The largest FDI inflow into the financial services industry…
The FII buying that was observed on October 28 was unquestionably the high point of the market activity. The net purchase price of foreign institutional investors in Tuesday’s transaction was Rs 10,339.80 crore. Since June 26, this is the highest amount that FIIs have net bought in a single day. Furthermore, the flows in October…
Global uncertainties continued to cause equity inflows through the foreign direct investment (FDI) channel to drop 6% year over year to $10.8 billion in the October- December quarter. According to the data, the FDI inflow trend that has been dropping over the past few years has not yet been stopped, nor have the levels of…
According to government statistics, foreign direct investment in India increased by 45% yearly to USD 29.79 billion from April to September of this fiscal year due to robust computer, telecom, pharmaceutical, and services inflows. From April to September of 2023–2024, FDI inflows totaled USD 20.5 billion. Compared with USD 9.52 billion in the same quarter…
When the Ministry of Finance suggested raising the foreign direct investment (FDI) cap in domestic insurance companies from 74% to 100%, stocks of insurance companies continued to rise. FinMin also recommended allowing insurers to handle all kinds of insurance. This move, if allowed, will enable insurers to offer health, life, and general insurance products under…
With foreign portfolio investors (FPIs) purchasing shares valued at nearly $7 billion, September has emerged as the strongest month for foreign inflows in 2024. Based on data provided by NSDL, this represents the greatest net buying since December 2023. From $873 million in August to over $6.85 billion in September, the FPI’s net buying activity…
The US interest rate cut and the strength of the Indian market have attracted foreign investors, who have invested close to Rs 33,700 crore in Indian shares thus far this month. Based on depositories’ data, this is the second-largest monthly inflow for 2024; the biggest was in March when FPIs invested a total of Rs…
As per the Department for Promotion of Industry and Internal Trade, the services, computer software, and non-conventional energy sectors accounted for the majority of the 48% year-over-year increase in Foreign Direct Investment (FDI) equity flows into India during the April-June quarter, which amounts to $16.1 billion. Trading, medicine, chemicals, cars, and telecom are among the…
The inflow of foreign direct investment (FDI) into India fell 13% to $32.03 billion between April and December 2023. The fall was primarily caused by lower FDI into the computer hardware and software, telecom, auto, and pharmaceutical sectors. 36.74 billion dollars in foreign direct investment (FDI) came in over the same nine months of the…
Up until December 20, foreign portfolio investors (FPIs) invested $20 billion in Indian stocks, the second-highest amount in the previous ten years. FPIs made $23 billion in market investments in India in 2020. It is noteworthy that only Japan’s economy, which attracts $30 billion, is larger than India’s among Asian economies. This year, South Korea,…
