FIIs

  • FII inflows hit $5 billion in July; cross $25 billion so for this year July 27, 2014

    New Delhi: Betting big on the government's reforms agenda, overseas investors have poured in more than USD 5 billion in the Indian market so far this month taking the total inflow to over USD 25 billion since January. Net investments by foreign investors in the equity market were USD 2.2 billion...
  • Bharti Airtel gains; RBI allows increase in FII limit July 4, 2014

    Shares in Bharti Airtel Ltd(BRTI.NS) gain after the Reserve Bank of India (RBI) increases limit for overseas investors to buy shares in the company. Foreign institutional investors can now invest up to 74 percent in Bharti Airtel under the portfolio investment scheme, the RBI said in a statement late on Thursday. The...
  • Raising FDI limit in Defence will create more jobs, says Prakash Javadekar May 30, 2014

    New Delhi: Raising the FDI limit in the defence sector will help the country in creating jobs and being self-reliance in the military arena, Information and Broadcasting Minister Prakash Javadekar said on Friday. "I have been a member of Standing Committee on Defence and based on my experience, I can say...
  • Markets break records, Sensex, Nifty ends at an all time high March 7, 2014

    The Nifty on Friday ended at a record closing of 6526.65, after hitting a new high of 6538 intra-day. The Sensex too ended at a closing high of 21919.79, after hitting a peak of 21961. The situation is quite different from the upswing last December ahead of state elections when...
  • FICCI unveils economic agenda for long-term growth January 6, 2014

    Industry chamber FICCI on Monday stressed the need to strengthen key enablers of enterprises and job creation for sustained high growth. “We wish to see India get back to a high growth track. Adding 10-12 million jobs annually requires a growth of 8-9 per cent over a long period,” newly-elected FICCI...
  • Reasons behind the downfall of the markets August 16, 2013

    New Delhi: There has been a carnage on Dalal Street with the Sensex crashing more than 700 points and the rupee hitting a record low of 62 to the dollar forcing the Prime Minister's Office to call a high-level meeting. Nifty also fell drastically over 200 points down to its...
  • New FDI norms will shore up confidence in India: AK Bhattacharya July 19, 2013

    With the country's economic growth at its lowest ebb in the last decade and the currency in free fall, the UPA government has opened up several sectors such as defence and telecom to FDI. But will this measure work? AK Bhattacharya, editor of Business Standard, joined IBNLive readers for an...
  • Rupee opens higher at 60.09 per dollar July 4, 2013

    Mumbai: Rupee opened higher at 60.09 per dollar on Thursday, up 12 paise compared to previous day's closing value of 60.21. Mohan Shenoi of Kotak Mahindra Bank feels geopolitical risks are keeping oil prices high, which is negative for the rupee. FIIs continue to be net sellers in the debt segment, he...
  • SEBI to auction Rs 42,022 crore worth government bonds for FIIs June 20, 2013

    New Delhi: Market regulator SEBI will conduct an auction on Thursday for grant of investment limits to foreign investors in government debt securities worth over Rs 42,000 crore - the biggest sale of G-Secs so far this year. It would be first auction for debt securities since a hike in...
  • Rupee sinks 90 paise to record closing low of 58.77 June 18, 2013

    Mumbai: Resuming its downfall, the rupee on Tuesday sank by a whopping 90 paise to all-time closing low of 58.77 on massive dollar buying by banks and importers as forex markets became jittery ahead of Fed's decision on continuing monetary stimulus. Capital outflows also affected the market sentiment with FIIs offloading...
  • FIIs invest Rs 12,000 crore in stock market May 19, 2013

    New Delhi: Overseas investors have poured in nearly Rs 12,000 crore (about USD 2.2 billion) into the Indian equity market so far this month. With this, the total foreign investment in the country's equity market has reached Rs 73,029 crore (USD 13.5 billion) since January. During May 2-17, foreign institutional investors...
  • Sebi to auction govt bonds worth over Rs 29,000 crore for FIIs April 22, 2013

    New Delhi: Market regulator Sebi will hold an auction on Monday for grant of permission to Foreign Institutional Investors for investments worth up to Rs 29,000 crore in government bonds. At the auction to be held on the BSE platform by Securities Exchange Board of India (Sebi), FIIs would be able...
  • Govt eases rules for FIIs in central, corporate bonds March 23, 2013

    New Delhi: The government will ease restrictions for foreign institutional investors in central and corporate bonds in April to attract inflows and help fund a widening current account deficit, Finance Minister P Chidambaram said on Saturday. Under the new rules, foreign investors can invest up to $25 billion in long-term government...
  • Govt working on having common KYC norms for FIIs: FM March 11, 2013

    New Delhi: To attract more overseas investment into the country, government is working on bringing new norms for a common KYC for foreign institutional investors (FII), Finance Minister P Chidambaram said on Monday. "Government is working on converging all KYC (Know Your Customer) norms and they (FIIs) will have common KYCs......
  • Investment mantra for 2013: Accumulate, but don't get too greedy January 31, 2013

    Stock markets have years that are horrible and years that are cheerful. For example, 2007 was cheerful, while 2008 was horrible. A rarity is a year that approaches the investor with the look of the Grim Reaper but turns out to be Santa Claus; 2012 was such a year. From...
  • RBI plans to allow FII entry in currency futures market December 12, 2012

    Mumbai: The Reserve Bank of India (RBI) is contemplating to allow foreign institutional investors (FIIs) in currency futures market, Deputy Governor HR Khan said on Wednesday. "We are thinking whether FIIs can participate in currency futures," Khan said while speaking at a seminar on capital markets organised by industry body...
  • Final guidelines on GAAR by October end: Chidambaram October 1, 2012

    New Delhi: The Income Tax department will come out with final guidelines by the end of October on implementation of General Anti Avoidance Rules (GAAR), Finance Minister P Chidambaram said in New Delhi on Monday. The guidelines will be based on the suggestions of the committee headed by tax expert...
  • JP Morgan 'positive' on Indian markets in H2 August 24, 2012

    Mumbai: American brokerage firm JP Morgan on Friday said it remains "positive" on the Indian stock markets going into the second half of the year even as it stated that the government is yet to delivery on key reforms. Saying that the economic fundamentals have deteriorated in the recent past as...
  • PM expands terms of reference of GAAR panel July 30, 2012

    New Delhi: Prime Minister Manmohan Singh on Monday expanded the terms of reference of the GAAR committee by referring the issues relating to taxation of FIIs and portfolio investors to it with a view to provide greater clarity to them. "It is necessary to have clarity on the tax liability of...
  • RBI notifies changes in FDI norms June 28, 2012

    Mumbai: The Reserve Bank on India on Thursday notified changes in the FDI policy to allow FIIs to invest up to 23 per cent in commodity exchanges without seeking its prior approval. These changes were approved by the Department of Industrial policy and Promotion (DIPP) on April 10. In order to streamline...
  • Falling rupee: The reason for the rout June 22, 2012

    CNBC-TV18 banking editor Latha Venkatesh explains why the rupee continues to fall. ...
  • FII stakes in Kingfisher up marginally April 26, 2012

    New Delhi: Overseas investors, which have been trimming their holdings in Kingfisher Airlines in the past three quarters, have increased their stake marginally in the cash-strapped carrier during the March quarter, according to data available with bourses. An analysis of shareholding patterns of airlines showed that Foreign Institutional Investors (FIIs) have...
  • Budget 2012: FIIs not optimistic about it March 16, 2012

    Mumbai: As India is eagerly waiting for the Finance Minister to present the Budget speech, global market experts are not too hopeful of it. Adrian Mowat, JP Morgan is worried that FIIs have written off the government's action and are not expecting anything out of politics that is positive. They...
  • High price dampens FII interest in ONGC: Experts March 1, 2012

    Mumbai: A high base or floor price may have played spoilsport in the government's ambitious ONGC stake sale which fell woefully short of the over Rs 12,400-crore target, market experts said on Thursday. High-profile foreign investors apparently stayed away from the auction wherein there were bids for only two-third of the...
  • Moody's upgrades rating of Indian Govt bonds December 21, 2011

    New Delhi: Global agency Moody's on Wednesday upgraded the credit rating of Indian government's bonds from speculative to investment grade, a move that could encourage FIIs to increase their exposure in gilts and help companies raise funds from abroad at competitive rates. "Moody's has upgraded the rating on long-term government bonds...
  • Rupee fall spells big troubles for FIIs December 18, 2011

    New Delhi: A sharp fall in rupee value, which is already rubbing salt on the foreign investors' injury in the Indian stock market, may create further troubles for their entry into the newer segments such as currency trading. The market has fallen by over 25 per cent since the start of...
  • Rupee slide likely to continue November 22, 2011

    The rupee skidded to an all-time low on Tuesday as oil refiners and other companies scrambled to buy dollars. ...
  • RBI intervention will not stop rupee fall: Pranab November 22, 2011

    New Delhi: With the rupee falling to a lifetime low, Finance Minister Pranab Mukherjee on Tuesday said RBI intervention in the forex market will not arrest the slide as FIIs' pullout and global reasons were behind the depreciation. "RBI intervention (in the forex market) will not help," he told reporters here. The...
  • Economy to grow by 8.5 per cent: Pranab June 29, 2011

    Washington: Finance Minister Pranab Mukherjee on Wednesday said the economy will grow by around 8.5 per cent in the current fiscal despite the conscious decision of the Reserve Bank to sacrifice growth to contain inflation. "I am still holding the projection which I had that is 8.5 per cent plus......
  • 'Inflation a major problem for Indian economy' June 28, 2011

    Washington: Finance Minister Pranab Mukherjee on Monday said inflation poses a major challenge to the Indian economy and projected that the rate of inflation is going to be more than 6.5 per cent this year. "There are problems (with the Indian economy) and one of the major problems is inflation,"...