India’s state gas firm Gail (India) Ltd is eyeing a listing on the New York Stock Exchange to raise capital for its future expansion. “During the course of government’s recent offer for sale of 10% in Gail, international investors raised concerns over the low liquidity and tradability of its stocks (on Indian exchanges) and suggested…
INDIA: Gail aims for listing in New York Stock Exchange, but move still a long way off
Posted on June 23, 2004 by EnergyAsia