NASDAQ Holds Talks With India About Local Companies Listing Shares Overseas

Indian companies are currently not permitted to list their shares directly on overseas markets, but global investors and top Indian startups have been calling for this to change.

US stock exchange Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list directly on foreign stock exchanges, a senior Nasdaq executive said.

Indian companies are currently not permitted to list their shares directly on overseas markets, but global investors and top Indian startups have been calling for this to change.

Allowing Indian companies to list abroad on exchanges like Nasdaq will give them wider access to capital, Nasdaq's Executive Vice Chairman Edward Knight said in an interview.