Indian depository receipts

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INDIAN DEPOSITORY RECEIPTS NEWS

FinMin panel proposes Bharat Depository Receipts with simple tax structure

June 27, 2014 12:50 am

The report has also dealt at length with the taxation of BhDRs, suggesting that their conversion into underlying instruments and vice-versa should not attract any tax

Govt amends rules to allow IDR conversion into shares

October 09, 2012 2:32 am

Government has amended the rules governing Indian Depository Receipts issued here by foreign companies.

StanChart stock up 5% on Sebi move

August 29, 2012 8:05 pm

Standard Chartered scrip on the BSE surged by 5.57 per cent to close at Rs 101.45 apiece.

Sebi allows partial IDR fungibility

August 29, 2012 1:16 am

The Securities and Exchange Board of India has decided to allow partial fungibility of Indian Depository Receipts (IDRs) redemption and conversion of IDRs into underlying equity shares

IDR rights: Sebi issues disclosure norms

September 23, 2011 7:30 pm

Sebi said companies offering IDRs have to file offer document as per the prevailing norms.

StanChart IDR plunges by 17.5%

June 07, 2011 1:19 am

Indian depository receipts of Standard Chartered Bank of the UK plunged by 17.53 per cent to Rs 94.55 on the Bombay Stock Exchange.

Stanchart need not convert IDRs into shares: Sebi

June 04, 2011 12:53 am

Standard Chartered Bank of the UK,which was the first foreign lender to come out with Indian depository receipts,will not be required to convert their IDRs into shares as per guidelines issued by Sebi.