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Overseas investment by Indian companies dips 42% to $1.45 billion in December: RBI data

Updated: January 26, 2021 12:32 IST In the year-ago period, companies in India had invested $2.51 billion in their foreign firms (joint ventures / wholly-owned units). Share Article AAA In the year-ago period, companies in India had invested $2.51 billion in their foreign firms (joint ventures / wholly-owned units). Overseas investment by domestic firms fell by over 42% to $1.45 billion in December 2020, according to Reserve Bank data. In the year-ago period, companies in India had invested $2...
Republic Of British Virgin Islands Intas Pharmaceuticals Videsh Ltd Tata Consultancy Services Reserve Bank

Manufacturing cos see recovery with softer Q2 sales contraction

Manufacturing cos see recovery with softer Q2 sales contraction The recovery was led by iron and steel, food products, cement, automobile and pharmaceuticals companies, showed the data on the performance of the private corporate sector during the second quarter of 2020-21. December 26, 2020 6:04:01 am Manufacturing companies reported sales of Rs 5,99,479 crore in Q2, as against Rs 3,97,233 crore in April-June of FY21. (Representational) Demand conditions in t...
Reserve Bank Covid 19 Manufacturing Sector Manufacturing Sector Recovery Mode Rbi Data Manufacturing Sector Contraction

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