There will be no limits on dubious jurisdictions for Indian companies seeking to list their shares abroad first, said a person familiar with the plan. Public limited companies incorporated in India will not be allowed to list directly overseas except in “clearly defined permissible jurisdictions”, the person said on condition of anonymity, citing the government’s objective to prevent mis- the potential use of this route for tax evasion and money laundering, even while facilitating capital raising possibilities for companies.
Denial of responsibility! vismuseum.org.in is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at email@example.com The content will be deleted within 24 hours.