Edward Knight to meet Finance Minister to discuss listing of Indian firms in US
By MYBRANDBOOK
Nasdaq Vice-President Edward Knight said he will meet Finance Minister Nirmala Sitharaman to discuss the listing of Indian companies in the United States. He said that India should allow initial listing of companies on US stock exchanges, like China, Singapore, Israel, Canada and Nordic States.
Knight said, “Investors have taken a step back due to uncertainties, but technology is synonymous with economic growth. Nasdaq can be a technology partner, provide integrity and anti-financial crime tools to IFSC in GIFT City.”
On US markets, Knight said he was optimistic about the tech sector and that 250 companies in the Nasdaq pipeline have been wanting to go public. “We would like to work with the Indian government to facilitate access for these unicorns to global capital markets,” he added.
He also said that India has 260 unicorns ready to go public and that he would like to set up a startup-to-unicorn pipeline. Edward Knight has already had productive discussions with the Finance Ministry and said he was cautiously optimistic about the listing prospects.
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