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    ADRs of over 50 Indian cos to trade over-the-counter in US

    This is consequent to the government's new Depository Receipts Scheme, 2015, which permits for unsponsored ADRs for the first time. An unsponsored ADR is created by a foreign depository bank without the participation or consent of the issuer/company.

    first published: Feb 11, 2015 09:42 pm

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