Indian companies looking for overseas listings should list in new emerging markets, including Sedaq (Singapore), TSV-V (Canada), Nasdaq (the United States) and AIM in the United Kingdom, according to global consultancy firm Grant Thornton.
Since families multiply much faster than the number of businesses, after a point, there just aren't enough independent firms for each member to run.
As corporate India prepares to put its house in order, the transition raises concerns
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Deloitte India would not provide non-audit services to all listed companies and other entities where public money is involved such as banks and insurance companies, if they are its audit clients.
Indian businesses have emerged as being the most optimistic about the economy for 2015, with 98 per cent suggesting they are positive about the policies of the new government, way above the global average of 35 per cent, says a report by Grant Thornton.
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
