Indian businesses on global scale returning home for stock market listing
Singapore, A large number of Indian businesses working on a global scale are returning home for listing on Mumbai bourses, given that Indian stocks are among the best performers in the world, according to Singapore-based legal experts.
Quick-commerce unicorn Zepto and fintech firm Pine Labs are among those that have shifted their holding company from Singapore to India, said experts at Rajah & Tann Singapore , one of the largest law firms that handled the two Indian-origin companies’ move to Mumbai.
“Indian stock exchanges are one of the best as valuations are extremely high,” said Vikna Rajah in his market trend observation as co-head of R&T’s South Asia desk.
“The Indian stock market is one of the strongest stock markets in the…
