India freezes plans to allow local companies to list overseas: Report - Mint


3/23/2022 12:00:00 AM3 years 1 month ago
by Reuters

New Delhi's decision marks a sudden reversal in policy after officials said late last year that the new rules for overseas listings would be announced in February.

India has frozen plans to allow local firms to list overseas as it seeks to bolster its own capital markets, government officials and industry sources said, in a blow to foreign funds and stock excha… [+4056 chars]

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