India's new rules may encourage more home listings by foreign-domiciled startups

India's new rules may encourage more home listings by foreign-domiciled startups

FILE PHOTO: Indian flag, people miniatures, and the word "Startups" are seen in this illustration taken, March 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

India’s scrapping of a time-consuming compliance step will accelerate the pace at which Indian startups domiciled abroad shift back home to participate in the country’s listing boom, according to bankers, lawyers and investors.

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