Zee plans Nasdaq listing

JANUARY 24: As a build up to the listing, the company has already been following US accounting norms GAAP. quot;Though we are moving in that direction, we are yet to specify a time-frame for the listing,quot; officials said.

The recent success of Infosys, Satyam Infoway and ICICI on the US bourses has encouraged a number of Indian corporates to go ahead with overseas equity float to get listed on Nasdaq or NYSE. Further, the recent guidelines on ADRs/GDRs announced by the government would further help the Indian corporates have easy access to the overseas markets.