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Indian cos can list directly on bourses abroad, and IFSC
July 29, 2023
|Mint Mumbai
The Union government has decided to let Indian companies list directly on stock exchanges abroad and in Gujarat’s International Financial Services Centre (IFSC), finance minister Nirmala Sitharaman said on Friday.
Currently, Indian companies can raise money abroad through American Depository Receipts (ADR) and Global Depository Receipts (GDR). The government first announced the foreign listing plan in 2020 as part of a pandemic relief package, and the move has been finalized now.
هذه القصة من طبعة July 29, 2023 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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