Govt to allow overseas listing of Indian cos ...Middle East

The government is expected to allow direct listing of Indian companies abroad as part of a plan to allow them access a larger pool of capital and enable the move towards fuller capital account convertibility. An assessment suggests that 12-15 companies may opt for it over the next 3-4 years. Currently, Indian companies go for the depository receipts route to tap investors globally.

Hence then, the article about govt to allow overseas listing of indian cos was published today ( Thursday 23/01/2020 - 01:55 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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