Optimize IAS
  • Home
  • About Us
  • Free Initiatives
    • Daily Practice Sheets
    • Daily Prelims Notes
    • Prelims Power Play
    • Mains Factly
    • Sunday Essay Sadhna
  • Courses
    • Mains Master Notes
    • Prelims Test Series
      • Laqshya 2024
    • Integrated Guidance 2024
      • ARJUNA PRIME 2024
    • Daily Answer Writing
  • Downloads
    • Important Topics List for Prelims 2023
    • Daily Prelims Notes Compilation
    • Daily Practice Sheet Compilation
    • PPP Compilation
    • PSIR Notes
    • General Studies Notes
    • UPSC Mains Previous Year Papers
  • Portal Login
  • Home
  • About Us
  • Free Initiatives
    • Daily Practice Sheets
    • Daily Prelims Notes
    • Prelims Power Play
    • Mains Factly
    • Sunday Essay Sadhna
  • Courses
    • Mains Master Notes
    • Prelims Test Series
      • Laqshya 2024
    • Integrated Guidance 2024
      • ARJUNA PRIME 2024
    • Daily Answer Writing
  • Downloads
    • Important Topics List for Prelims 2023
    • Daily Prelims Notes Compilation
    • Daily Practice Sheet Compilation
    • PPP Compilation
    • PSIR Notes
    • General Studies Notes
    • UPSC Mains Previous Year Papers
  • Portal Login

LSE listing for Indian firms only after norm for listing in IFSC finalised

  • September 12, 2023
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
No Comments
Print Friendly, PDF & Email

 

 

LSE listing for Indian firms only after norm for listing in IFSC finalised

Subject: Economy

Section: Capital Market

Context:: Government to explore direct overseas listing of Indian firms on the London Stock Exchange (LSE) only after GIFT IFSC listing of domestic firms.

Key Points:

  • The government will explore direct overseas listing of Indian firms on the London Stock Exchange (LSE)  only after a plan for overseas listing of domestic firms in the GIFT International Financial Services Centre (IFSC) in Gujarat is implemented

 What are likely benefits of LSE/international listing?

  • Cross-border listing is expected to help Indian firms gain access to a larger base of investors,
  • Bring their corporate governance standards to the best global practices.
  • Indian entities, to get better access to international markets

What are the current international listing scenario for Indian companies? 

  • Currently, Indian companies are not allowed to list directly on overseas exchanges as per regulations. However, listed Indian companies can use American Depository Receipts (ADR) or Global Depository Receipts (GDR) to make their shares accessible to overseas investors or list debt instruments on overseas exchanges.
  • Overseas listing treatment to firms listing in GIFT IFSC would help the Indian firms take advantage of lenient tax rules for the offshore facility.
  • The IFSC is being groomed by the government to make it an international financial hub on the lines of London that could act as a catalyst in attracting foreign investors to Indian corporates which are gaining global prominence and need a large pool of capital from the worldwide.
economy LSE listing for Indian firms only after norm for listing in IFSC finalised
Print Friendly, PDF & Email

Recent Posts

  • Prelims Power Play 26 September 2023 September 26, 2023
  • Daily Practice Sheet 26 September 2023 September 26, 2023
  • What are alien species? Why are they dangerous September 26, 2023
  • How is India’s GDP estimated. Discuss recent controversies. September 26, 2023
  • Discuss the implication of drastic fall in household savings. September 26, 2023
  • Empowering women means empowering a nation. In this context analyse women empowerment policy and schemes. September 26, 2023
  • Discuss the role of Gram Sabha. September 26, 2023
  • Explain the phenomenon of withdrawal of monsoon. September 26, 2023
  • What led to Joshimath land sinking? September 26, 2023
  • What is women empowerment? Assess the status of women in India September 26, 2023

About

If IAS is your destination, begin your journey with Optimize IAS.

Hi There, I am Santosh I have the unique distinction of clearing all 6 UPSC CSE Prelims with huge margins.

I mastered the art of clearing UPSC CSE Prelims and in the process devised an unbeatable strategy to ace Prelims which many students struggle to do.

Free Initiatives

  • Daily Practice Sheets
  • Daily Prelims Notes
  • Mains Factly
  • Prelims Power Play
  • Sunday Essay Sadhna

My Proven Strategy

  • Interview Strategy
  • Mains Strategy
  • Motivational
  • Prelims Strategy

Contact us

moc.saiezimitpo@tcatnoc

For More Details

Work with Us

Connect With Me

Santosh Pandey Quora Santosh Sir Telegram Santosh Sir Youtube Optimize IAS Instagram

Course Portal
Search