The Viewpoint - Indian Depository ReceiptsJune 12 2012
By Yash J. Ashar and Nidhi Parekh
Globally, in the last two decades, there has been extensive transformation in the financial system and policies leading to widespread liberalization. Today, companies across jurisdictions are benefiting from capital raising activities in the host country (i.e. place other than the country of incorporation and initial listing) in addition to their home country (i.e. place of initial listing). India liberalized its domestic capital markets predominantly in . . .
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