Stocks News
Government allows direct listing of Indian companies on GIFT City exchange – The Economic Times Video
As part of measures to boost foreign investment inflows and provide growth opportunities to Indian companies, the Indian government has approved direct listing of securities by Indian public companies on the international exchange of Gujarat International Finance Tech City (GIFT IFSC). The plan, announced by Finance and Corporate Affairs Minister Nirmala Sitharaman on July 28 last year, is set to redefine India’s capital market landscape, according to a press release from the Finance Ministry.