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Tata Motors one of many as India Inc turns averse to ADRs and GDRs

Apart from HDFC Bank, no other Indian firm has raised capital via these routes since 2017

Topics
India Inc | Tata Motors | ADR

Samie Modak  |  Mumbai 



Illustration: Binay Sinha
Illustration: Binay Sinha

Indian no longer fancy raising equity from overseas markets. Furthermore, they are unwinding their existing overseas listing programmes.

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First Published: Tue, January 24 2023. 18:44 IST

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