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Essay heading: Indian Depository Receipts
 
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Issue: Business
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Date added: July 25, 2006
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No of pages / words: 8 / 2128
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Among the emerging markets cross listing is yet to pick up. At this outset, if we look into the Indian market, it is conducive for foreign firms to enter through the depository receipts route. Indian Depository Receipts is the vehicle that can be used by the foreign firms for cross-listing in India. Advent of Indian Depository Receipts (IDRs) Indian financial markets have come a long way since the adoption of New Industrial Policy framework by Indian government in 1991...
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There is an increasing trend towards the internationalization of Indian financial markets, driven mainly by the Indian government’s willingness to adopt liberalized and outward looking policy initiatives with regard to its financial markets. The Indian government has taken several policy initiatives to gradually open up its financial markets to the foreign investors and allow its own citizens to invest in the foreign financial markets...
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