Qfi

LIC bullish on pharma, FMCG; to pump in Rs 45k in equity in FY13

Government-run life insurance giant LIC, which also is the largest institutional investor in the country's equity market, today said it is bullish on the pharma, FMCG, banking and IT stocks.

QFIs bet big on blue-chips; buy RIL, TCS shares

QFIs have put their bets on large blue-chips like Reliance Industries, TCS, ITC, SBI and HDFC Bank for their initial investments into the country.

Sebi eases MF investment norms for QFIs

Sebi said the circular was issued to protect the interests of the investors in securities and to promote the development and regulate the securities market.

QFI definition tweaked to include Gulf investors

A QFI is an individual, group or association resident in a foreign country. QFIs do not include FIIs/sub accounts.

Govt may allow foreign investors direct entry into equity markets

The decision would help project India as a global investment centre and attract equity capital from abroad.

India Inc welcomes direct investment by QFIs in equities

The govt's move comes against the backdrop of significant foreign capital outflows from the domestic equity market in recent times, which has resulted in rupee volatility.

RBI raises foreign investment limit in Kotak Mahindra Bank to 40%

Kotak Mahindra Bank has passed a resolution at board meeting and AGM for purchase of equity shares by FIIs/FPIs/QFIs up to 40 percent (revised from earlier limit of 37 percent) of their paid-up capital