India's sole IDR ceases to exists next week; unfavourable regime with regards to taxation, trading and fungibility, and high cost of disclosures and listing, spelled death knell for StanC's IDR
Krishnamurthy Subramanian also says India's sovereign rating being maintained and stable outlook by S&P is good news, considering India wants to list its sovereign bonds on global indices
Home Credit India said it was a tough decision and the organization is trying its best to help the impacted people in getting securing new opportunities