India Inc's overseas investment rises 40% in Jan
Overseas investment by the Indian companies rose by 40.4% year-on-year to $3.14 billion in January 2016, the Reserve Bank data showed today. The investments were in the form of issuance of guarantees ($1.41 billion), loan ($193.05 million) and of equity ($1.54 billion). Major investors include Infosys, Emcure Pharmaceuticals, Edelweiss Financial Services and Glenmark Pharma.