An IDR is an instrument denominated in Indian Rupees in the form of a depository receipt created by a Domestic Depository (custodian of securities registered with the Securities and Exchange Board ...
UK's Standard Chartered Bank, which is the first and only foreign lender to issue Indian depository receipts, will not be required to convert their IDRs into shares as per the guidelines issued by ...
Infosys ADR crashed six per cent to $21.515 on the American stock exchange even after the IT major IT major hiked its FY25 ...
Mumbai: Regulatory authorities are mulling changes in certain features of issuing Indian Depository Receipts (IDR) in order to make it more competitive in terms of costs and disclosures. As a result, ...
An American Depository Receipt (ADR) is a negotiable financial ... There are many ADRs of Indian companies such as Genpact Limited, HDFC Bank, ICICI Bank etc., that are traded on the U.S exchange.
in India are also part of the list, it added. This comes after the regulator in October gave a detailed framework for issuance of depository receipts (DRs) and said that listed firms will be ...