Under the new rules, the government has provided a specific definition for overseas portfolio investment (OPI), making it clear that such investments can be made in both listed and unlisted space.
Private equity firms Bain Capital and Advent International are looking to exit Quest Global Services, six years after investing in the engineering outsourcing firm, said people aware of the matter.
India’s equity indices dropped 1.5%, extending losses to the second straight day, as renewed concerns that the US Federal Reserve will be steadfast in its battle against inflation ate into some of the recent gains.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
ETPrime stories of the day
‘Affordable’ gets sluggish but India’s ultra-rich keep the premium housing market buzzing
Three insights to kick-start your day: featuring Ambani’s face-off with Sebi
Stock Radar: Down 30% from highs! This restaurant stock looks attractive after 6-month consolidation
Trending Now
Popular Categories
Hot on Web
In Case you missed it
Top Calculators
Top Searched Companies
Top Definitions
Top Commodities
Top Prime Articles
Top Story Listing
Top Slideshow
Top Trending Topics
Top Videos
Private Companies
Popular Articles
Most Searched Articles
Find this comment offensive?
Choose your reason below and click on the Report button. This will alert our moderators to take action
Reason for reporting:
Your Reason has been Reported to the admin.
Log In/Connect with:
Will be displayed
Will not be displayed
Will be displayed
To read full story, subscribe to ET Prime
₹34 per week
Billed annually at ₹2499 ₹1749
Super Saver Sale – Flat 30% Off
On ET Prime Membership
–
–
–
Subscribe Now
(Credit card mandatory)
You can cancel your subscription anytime
–
–
–
Subscribe Now
(Pay Using Netbanking/UPI/Debit Card)
₹399/month
Monthly PLAN
Billed Amount ₹399
No Trial Period
₹208/month
(Save 49%)
Yearly PLAN
Billed Amount ₹2,499
15 Days Trial +Includes DocuBay and TimesPrime Membership.
₹150/month
(Save 63%)
2-Year PLAN
Billed Amount ₹3,599
15 Days Trial +Includes DocuBay and TimesPrime Membership.
Quarterly
$13.99
7 Days Trial
Yearly
(Save 40.0%)
$33.99
15 Days Trial
Get ET Prime for just ₹2499 ₹1749/yr
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Stories you might be interested in
About Author
