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    Home » From New York to Tokyo, companies like Reliance and LIC will ring, Modi government is going to take this step
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    From New York to Tokyo, companies like Reliance and LIC will ring, Modi government is going to take this step

    Archana SharmaBy Archana SharmaOctober 16, 2020No Comments
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    From New York to Tokyo, companies like Reliance and LIC will ring, Modi government is going to take this step
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    • Government of India is going to make important changes in rules regarding dual listing
    • 7 countries to be listed, where companies will be listed on the stock exchanges

    Indian companies these 7 countries may be listed in the stock market

    There is a lot of relief news for big and startup companies of the country. In the coming days, Indian companies can be seen in the stock markets of other countries. Apart from Reliance, the name of LIC is also being taken. The government is currently focusing on the stock market of only 7 countries. For this, the Government of India will change its dual listing rules. After which the startup companies along with the big companies of the country will also be able to fulfill their desire to get listed in the stock markets of other countries. It also includes the name of Flipkart.

    Also read: India another blow to China, ban on import of air conditioner

    Government agrees to change the rules

    The Corporate Affairs Ministry and the Department of Economic Affairs have agreed to abolish or amend the dual listing rule. Under which any company can list in foreign markets to raise funds. The only condition will be that it will have to be listed in the stock market of India first. Before that no other company will be listed in foreign markets. After the expiry of this rule, any company can directly dive into the stock markets of those seven countries. These countries include countries like USA, UK, Japan, England etc.

    Hongkank not included in the list

    The 7 countries whose names are under consideration have not included Hong Kong’s stock market, while Asia’s most prominent stock market is included. The reason behind this has been cited as being on the border of China. Although the government has indicated to expand this list, but the performance of companies in these 7 countries will be seen first. According to the information, the International Financial Center located in Gujarat International Finance Tech City has a tieup with many stock markets abroad. This can also help Indian companies.

    Titan can give strong returns in festive season, yet Jhunjhunwala family sold 50 thousand shares

    Source: www.patrika.com

    #York #Tokyo #companies #Reliance #LIC #ring #Modi #government #step

    Corporate News Corporate News in Hindi Corporate samachar Dual Listing Rules Global Share Market list in overseas markets Listing in foreign markets share market Which countries will be listed
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    Archana Sharma
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