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Allowing firms to list overseas may help raise funds
May 17, 2020 | By Hindustantimes.com
business
Indian entities have used offshore routes like Mauritius to list on overseas exchanges like NASDAQ and NYSE by creating parent companies or subsidiaries in such tax-friendly jurisdictions.
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The government’s policy intent to allow Indian companies to list overseas without simultaneous India listing can open up avenues for tech and other companies to raise funds but would be a non-starter without the necessary regulatory clarifications, legal expe
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