“Increase in these overseas issuances is driven by offshore investors seeking INR fixed income and foreign exchange exposure as a proxy to buying G-secs (government securities) via the FPI (foreign portfolio investment) route, without having to contend with local operational and taxation related aspects,” said Siddharth Bachhawat, head-markets at Barclays India.
Radhakishan Damani sells 1 lakh shares in VST Industries for Rs 4.4 crore via block deal
Ace investor Radhakishan Damani has sold 1 lakh shares in VST Industries for Rs 4.4 crore via a block deal. The shares were sold at