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Direct Overseas Listings: What Would An Efficient Framework Look Like?
Direct overseas listing of Indian companies will need more than just a change in company law.
25 May 2020, 06:10 PM IST
India Inc.’s access to foreign capital markets has been largely restricted to two routes. American Depository Receipts have been issued by companies like Infosys Ltd., Wipro Ltd. and ICICI Bank Ltd., while others like MakeMyTrip Ltd. have chosen to incorporate overseas and then list on the Nasdaq.
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