Direct Overseas Listings: What Would An Efficient Framework Look Like?
Monitors displaying stock market information are seen through the window of the Nasdaq MarketSite in the Times Square neighborhood of New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Direct Overseas Listings: What Would An Efficient Framework Look Like?

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India Inc.’s access to foreign capital markets has been largely restricted to two routes. American Depository Receipts have been issued by companies like Infosys Ltd., Wipro Ltd. and ICICI Bank Ltd...