Latin Manharlal Chat
BSE Prices delayed by 5 minutes...
     Prices as on May 12, 2021     
  ABB India 1403.5 [ 2.57% ]
  ACC 1883.3 [ -1.39% ]
  Ambuja Cements Ltd. 309 [ -1.87% ]
  Axis Bank Ltd. 691.3 [ -2.23% ]
  Bajaj Auto Ltd. 3878.55 [ -0.10% ]
  Bank of Baroda 77.45 [ 4.59% ]
  Bharti Airtel 561.8 [ -1.13% ]
  Bharat Heavy Ele 71.35 [ -2.73% ]
  Bharat Petroleum 449.2 [ -2.79% ]
  Cipla 898.7 [ 0.89% ]
  Coal India 153.5 [ -1.32% ]
  Colgate Palm. 1528.55 [ 0.00% ]
  Dabur India 529.25 [ 0.72% ]
  DLF Ltd. 265.4 [ -0.02% ]
  Dr. Reddy's Labs 5302 [ 0.16% ]
  GAIL (India) Ltd. 161.1 [ -0.46% ]
  Grasim Inds. 1412 [ -2.64% ]
  HCL Technologies 906.25 [ -0.10% ]
  HDFC 2438.7 [ -0.99% ]
  HDFC Bank 1399.5 [ -0.30% ]
  Hero MotoCorp 2841.85 [ 0.17% ]
  Hindalco Indus. 398.7 [ -3.43% ]
  ICICI Bank 594.95 [ -2.43% ]
  IDFC L 55.85 [ -0.53% ]
  Indian Hotels Co 116.1 [ -1.32% ]
  IndusInd Bank 917.25 [ -3.35% ]
  Infosys 1326.95 [ -0.28% ]
  ITC Ltd. 203.3 [ -0.37% ]
  Jindal St & Pwr 456.7 [ -4.19% ]
  L&T 1384.95 [ 0.09% ]
  Lupin Ltd. 1210.75 [ 1.10% ]
  Mahi. & Mahi 760.3 [ -1.97% ]
  MTNL 18.55 [ 0.00% ]
  Nestle India 16713.75 [ -0.93% ]
  NIIT Ltd. 168.8 [ -0.50% ]
  NMDC Ltd. 202.9 [ 3.05% ]
  NTPC 113.25 [ 0.53% ]
  ONGC 115.05 [ -2.54% ]
  Punj. NationlBak 37.1 [ 5.70% ]
  Reliance Inds. 1913.55 [ -1.04% ]
  SBI 367.85 [ 0.93% ]
  Vedanta 282.2 [ -2.20% ]
  Shipping Corpn. 115.4 [ -5.80% ]
  Sun Pharma. 702.65 [ -0.73% ]
  Tata Chemicals 722.35 [ 3.67% ]
  Tata Steel 1178.65 [ -4.48% ]
  Tata Power Co. 106.55 [ -2.47% ]
  Tata Consultancy 3088.5 [ -1.11% ]
  Tech Mahindra 962.1 [ -1.45% ]
  United Spirits 559.45 [ 0.81% ]
  Wipro Ltd 507.85 [ -2.01% ]

News Details

India Inc's outward FDI halves to $1.93 bn in Mar

Back
15/04/2021 17:59
India Inc's outward foreign direct investment in March 2021 nearly halved to USD 1.93 billion (around Rs 14,495 crore), according to the RBI data.

Domestic firms had invested USD 3.86 billion as outward foreign direct investment (OFDI) in the year-ago month of March 2020. In the preceding month (February 2021), the OFDI stood nearly the same at USD 1.95 billion. Of the total investment committed by the Indian investors in their foreign joint ventures/wholly owned subsidiaries in March this year, USD 1.15 billion was in the form of issuance of guarantees. Rest of USD 413.25 million was in the form of loan and USD 363.54 million was through equity capital, the data showed. The major investors were telecom major Bharti Airtel Ltd USD 750 million in a wholly owned unit in Mauritius; pharma firm Lupin Ltd USD 250 million in a JV in the US, SRF Ltd USD 83.83 million in a wholly owned subsidiary (WoS) in the Netherlands.

Mahindra & Mahindra invested USD 84.52 million in WoS in Mauritius and The Indian Hotels Co Ltd USD 59.59 million in its wholly owned subsidiary in the Netherlands. The RBI said the data is provisional and subject to change based on the online reporting by the authorised dealer (AD) banks.