The government has decided to allow domestic companies to list overseas to help them access capital from the world markets, Finance Minister Nirmala Sitharaman announced on Friday. Sitharaman said she had in May 2020 announced the move as part of the Covid-19 relief package, and added that a decision to go ahead with the proposal has been taken now.
‘Indian firms will soon be allowed to directly list securities overseas’
The government has decided to allow domestic companies to list overseas to help them access capital from the world markets, Finance Minister Nirmala Sitharaman announced on Friday. Sitharaman said she had in May 2020 announced the move as part of the Covid-19 relief package, and added that a decision to go ahead with the proposal has been taken now.