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Govt scraps rule mandating firms to list in India first to go public overseas
May 17, 2020 | By Livemint.com
business
Private companies which list their non-convertible debentures on stock exchanges will not themselves be considered listed The new rule also indirectly throws Indian bourses open to foreign competition as well-run firms may choose to list abroad
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MUMBAI: Indian companies would now be allowed to list overseas without simultaneous listing at home, Finance Minister Nirmal Sitharaman said on Sunday, the last of the 5-day-long series of announcements on the Rs20 trillion financial package aimed at restorin
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