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Indian companies, markets on edge as the UK votes on EU

Apart from roiling the currency and stock markets, the referendum will have wide ranging, long-term implications for Indian companies such as Tata Steel and Tata Motors

Topics
Brexit

BS Reporters  |  Mumbai 

The Indian currency and stock markets, and companies with European exposure, remained on edge as the UK goes to vote on a referendum to remain or exit the European Union on Thursday.

Apart from roiling the currency and stock markets, the referendum will have wide ranging, long-term implications for Indian companies such as Tata Steel and Tata Motors and information technology services companies which earn a substantial portion of their revenue from the region. While opinion polls suggest a neck and neck race between the two camps, the referendum initiated by British Prime Minister ...

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First Published: Tue, June 21 2016. 18:49 IST
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