Such standalone entities, unlike global financial heavyweights familiar with India’s capital markets and its regulatory environment, believe the burden of regulatory compliance might outweigh the rewards. If they come to India, they will have to first register as an FPI, a process that itself takes about three to six months.
Ahead of Market: 10 things that will decide stock market action on Thursday
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal