Question

why in USA GDR in not issued ​

Answer 1

Explanation:

last week I meet an old friend of mine who often trads in I equity market she told me that will he was going through the market he come across some Indian companions like Tata Motors.. new York stock exchange and he was very puzzles to see that how company of Indian Origin can be listen on an in exchange..

I told him then Indian companies can rice origin currency funds issue of American depositary receipts and global depository receipt this company ask to tap foregian fund.