The memorandum commits the Exchange and Nasscom to share research and market data. They will also organize joint marketing events and seminars and work together to push the benefits of a London listing for Indian companies.

London will be pushing its status as an international capital center, as well as its world-leading standards of corporate governance and market regulation. Nasscom said the UK was the second largest market for India’s IT services companies, accounting for 12% of the sector’s exports.

Source: Computerwire