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Nod for India Inc on direct overseas listing
Govt will notify norms for direct overseas listing of listed and unlisted cos
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Mumbai Finance Minister Nirmala Sitharaman on Friday said domestic companies can now go in for direct listing on foreign exchanges and the International Financial Services Centre (IFSC) in Ahmedabad. The provisions for direct overseas listing were approved by the government, as part of the Covid relief package announced in May 2020, but the rules in this regard are yet to be notified.
