Mumbai: The record valuation for local equities is an emphatic vote of confidence by foreign portfolio investors (FPI) in the country’s growth prospects, Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (Sebi), said on Tuesday. “Why is it that our markets are commanding this price to earnings multiple which is higher … Read more
New Delhi: Foreign Portfolio Investors (FPIs) continued their bullish stance on the country’s debt markets with a net infusion of over Rs 15,000 crore so far this month, on the back of inclusion of Indian government bonds in the JP Morgan Index along with relatively stable economy. This followed a net investment of Rs 19,836 … Read more
Mumbai: Foreign portfolio investors, offshore private equity houses and others who had acquired stocks through the foreign direct investment route are keeping their fingers crossed after a Supreme Court ruling that could embolden the Indian income-tax (I-T) authorities to question their tax benefits. The apex court this week has given an interim stay on a … Read more
