Custodians will have more power in securing first-time foreign investment under the proposed Foreign Portfolio Investment regime in India, but are seeking a more defined role.
Tag : fii
South African Sanlam's $111 million share purchase in an Indian firm has drawn attention to the appeal of the country's QFI scheme, offering foreign investors quicker time to market.
Buy-side traders ask India's securities watchdog to address market information leakage, with foreign firms citing concerns about being front-run by locals.
Despite unresolved issues over tax compliance, India has seen net foreign investor inflows return with a vengeance. Market players say several factors are behind the turnaround.
FII net inflows reached a record $5 billion just before the controversy over participatory notes.