India Considers Allowing Firms to List on Foreign Exchanges Like London Stock Exchange
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India may allow local firms to list on foreign stock exchanges like London Stock Exchange, reviving a previously shelved plan.
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India had first announced plans to allow overseas listings in 2020, but it was opposed domestically over tax concerns.
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Current regulations don't allow Indian firms to list directly on foreign exchanges.
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The UK Finance Minister said India will explore allowing listings on the London Stock Exchange.
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India recently said it would allow listings on new IFSC exchanges, and may further open up overseas listings.