Fin Min Bats For Overseas IPO For Indian Companies
  • Elizabeth George
  • Sep 17 2013

September 17: The finance ministry has written to the DIPP and RBI to allow unlisted Indian companies to raise equity capital overseas by allowing primary listing abroad without a prior or simultaneous listing in India. However, despite the ministry's proposed safety checks, SEBI has voiced strong concern and opposition to the move. Bloomberg TV India gives you the details on this developing story.