adrs

Description This is a PPT on Depository Receipts (ADRs & GDRs). Flow of Presentation ADR/GDR Depository Receipts • Benefits and Risks ECB/FCCB ECB • Automatic/Approval Route • Guidelines Key Data and Examples Indian ADRs & GDRs ECB/FCCB Approval Data GDR • Steps Involved • Guidelines FCCB...

n the IT space Infosys was up 1.70% at USD 48.54, Wipro was up 0.45% at USD 8.95 and Patni was down 0.36% at USD 19.52. In the Banking space HDFC Bank was up 0.64% at USD 37.58 and ICICI Bank was up 0.63% at USD 40.14. In the Telecom space, MTNL was down 3.25% at USD 1.19 and Tata...

Indian ADRs ended mostly higher on Friday. In the IT space Infosys was up 1.8% at $48.72, Wipro was up 1.93% at $9 and Patni was up 1% at $19.15. In the banking space ICICI Bank was up 5.55% at $39.74 and HDFC Bank was up 2.11% at $36.77. In the telecom space, Tata Communications was up...

Indian ADRs ended mixed on Wednesday. In the IT space Patni was up 0.9% at USD 19.13, Infosys was down 0.36% at USD 47.51 and Wipro was down 0.57% at USD 8.77. In the Telecom space MTNL was up 2.78% at USD 1.44 and Tata Communication was up 0.33% at USD 9.16. In the Banking space, HDFC Bank...

15:00 US stock market indices may be performing better than India's popular benchmark Sensex, but individual Indian stocks have outshined their own American Depositary Receipts by up to 25% in the past one year. Amid a gloomy economic scenario, IT major Infosys's Nasdaq-listed ADRs (American...

Indian ADRs ended mixed on Wednesday. In the IT space, Patni was up 1.02% at USD 18.73, Wipro was up 0.62% at USD 8.17 and Infosys was down 0.31% at USD 39.21. In the Banking space, HDFC Bank was up 0.38% at USD 34.23 and ICICI Bank was down 0.06% at USD 33.84. In the Telecom space, MTNL was up...

Indian ADRs ended lower on Tuesday. In the IT space, Infosys was down 2.19% at USD 39.33, Wipro was down 0.49% at USD 8.12 and Patni was up 0.22% at USD 18.54. In the Banking space, HDFC Bank was down 0.73% at USD 34.1 and ICICI Bank was up 0.09% at USD 33.86. In the Telecom space, Tata...

Indian ADRs ended higher on Tuesday. In the IT space, Patni was up 0.82% at USD 18.4, Wipro was down 0.81% at USD 8.53 and Infosys was down 1.2% at USD 43.52. In the Telecom space, MTNL was up 2.58% at USD 0.913 and Tata Communication was up 1.27% at USD 8.74. In the Banking space, ICICI Bank...

Indian ADRs ended lower on Thursday. In the IT space Wipro was down 4.71% at USD 8.9, Infosys was down 3.17% at USD 44.59 and Patni was up 0.7% at USD 18.74. In the Telecom space Tata Communication was down 2.76% at USD 8.44 and MTNL was down 1.1% at USD 0.9. In the Banking space, HDFC Bank...

ndian ADRs ended mixed on Monday. In the IT space Infosys was up 0.8% at USD 45.42, Patni was up 0.6% at USD 18.51 and Wipro was down 1.2% at USD 9.07. In the Telecom space Tata Communication was up 1.2% at USD 8.4 and MTNL was down 0.92% at USD 0.862. In the Banking space, HDFC Bank was up...

Indian ADRs ended mixed on Thursday. In the IT space Patni was up 0.5% at USD 18.24, Wipro was down 0.91% at USD 8.74 and Infosys was down 0.99% at USD 42.81. In the Telecom space Tata Communication was up 2.08% at USD 7.87 and MTNL was up 1.39% at USD 0.8. In the Banking space, ICICI Bank...

Indian ADRs ended higher on Tuesday. In the IT space Patni was up 0.72% at USD 18.14, Wipro was up 0.23% at USD 8.71 and Infosys was up 0.21% at USD 42.55. In the Banking space ICICI Bank was up 1.63% at USD 29.86 and HDFC Bank was up 0.88% at USD 30.92. In the Telecom space, Tata...

Indian ADRs ended lower on Monday. In the banking space ICICI Bank was down 2.46% at $29.38 and HDFC Bank was down 0.58% at $30.65. In the telecom space, MTNL was down 1.77% at $0.7957 and Tata Comm was up 2.11% at $7.76. In the IT space Infosys was down 0.56% at $42.46, Wipro was down 2.03%...

issue of ADRs/GDRs under the liberalised guidelines would be only against expansion of the existing capital base through issuance of fresh equity shares as underlying shares for ADRs/GDRs. ADR/GDR are reckoned as part of Foreign Direct Investment (FDI). Accordingly, such issues would need...