Indian Investors faces loss after investing in abroad
Indian Investors faces loss after investing in abroad
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Direct investments of Indian firms fell from 84% to $399.06 million in August, As per the RBI (Reserve Bank Of India) has shown.

The companies made investments of about $2.47 billion in the foreign markets during the period of august last year. Direct investments in August were down by 82.6%, compared to the investment that was done in the month of July. The investments were in the form of insurance of guarantees ($97.14 million), loans ($146.36 million) and equity ($155.56 million).

There were many investors who got into trouble with their luck after their deals. The investors are namely, Palava Dwellers Pvt. Ltd, they invested the most among the lot, $21.75 million was the amount in its completely owned subsidiaries in Jersey, Mauritius and The Netherlands.

WNS Global Services invested $15.35 million in a joint venture in the UK, General Insurance Corp. put their $11.9 million in a wholly owned business in South Africa and Bharat PetroResources strangled their $15.15 million in a fully owned unit in the Netherlands. Crompton Greaves kept their $19.39 million in its joint venture in the Netherlands.

 

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