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Indian firms’ foreign investment trebles to $ 7.64 bn
June 18, 2013June 18, 2013by In Oil & Gas

Indian firms’ foreign investment trebles to $ 7.64 bn

During April, overseas direct investment by Indian companies trebled to $7.64 billion, from $1.89 billion in March. As many as 499 deals were carried out by the Indian companies during the first month of the current fiscal to carry out the outward foreign direct investment, data from the Reserve Bank showed on June 13. Bharti Airtel, ONGC Videsh, Suzlon Energy, GMR Infrastructure, Amtek Auto and Tractors and Farm Equipment were among the major companies that invested in their overseas arms durin