Indian Companies Plan US Listing

Following the recent example where a few Indian companies have successfully got themselves listed in the New York Stock Exchange, more and more companies are following suit.

According to reports in the market, over 100 Indian companies have started posting earnings as per the US GAAP (Generally Accepted Accounting Principles) guidelines and all of them are mulling to list on the US stock exchanges.

This emerging trend is driving both the NYSE and NASDAQ to go an extra mile for wooing Indian companies to get listed in the US, promising fair and transparent exchange markets. Both the exchanges are in talks with several Indian companies for a US listing.

As of now there are seven Indian companies already listed on the NASDAQ, while 10 companies are trading on the NYSE, including BPO major WNS, which got listed last week.