India’s direct investment abroad dips 58% in Nov
12 Dec 2014 1:05 AM GMT
In October 2014, Indian companies had invested $2.68 billion in overseas markets. The investments were a mix of issuance of guarantees ($836.35 million), loan ($303.58 million) and of equity ($202.34 million).
Jindal Saw Holdings, JSW Steel, NCC Ltd, McLeon Russel, IDFC Securities, Crompton Greaves, Inox and Aurobindo Pharma were among the major investors.
Jindal Saw Holdings invested $142.96 million in its wholly-owned unit in the UAE, while JSW Steel made a total investment of $108.84 in three separate tranches in its joint ventures and fully-owned subsidiary in Chile, Mauritius and the US.
NCC Ltd invested $68.83 million in a wholly-owned firm in Oman, McLeod Russel $33.50 million in a fully-owned unit in the UK, IDFC Securities $30.08 million in a wholly-owned subsidiary in Singapore.
Crompton Greaves invested $25.12 million in a joint venture in the Netherlands, Inox India $25.63 million in two separate deals in a wholly-owned and a JV in the Netherlands and the US.
Jindal Saw Holdings, JSW Steel, NCC Ltd, McLeon Russel, IDFC Securities, Crompton Greaves, Inox and Aurobindo Pharma were among the major investors.
Jindal Saw Holdings invested $142.96 million in its wholly-owned unit in the UAE, while JSW Steel made a total investment of $108.84 in three separate tranches in its joint ventures and fully-owned subsidiary in Chile, Mauritius and the US.
NCC Ltd invested $68.83 million in a wholly-owned firm in Oman, McLeod Russel $33.50 million in a fully-owned unit in the UK, IDFC Securities $30.08 million in a wholly-owned subsidiary in Singapore.
Crompton Greaves invested $25.12 million in a joint venture in the Netherlands, Inox India $25.63 million in two separate deals in a wholly-owned and a JV in the Netherlands and the US.
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