The scale of the US stock market gives investor the added benefit of foreign firms wanting to list their securities on US exchanges. American Depository Receipts, or ADRs, are securities issued by foreign companies. An ADR share works in the same way as a national company’s stock does. Even after India’s growth and economy, only a few Indian companies are listed as ADRs in the United States.
1. Rediff.com India Limited
Rediff.com India Limited (REDF) is a Mumbai-based network company that offers web information and business services. It was established in 1996. The India Online Business and the US Publishing Business are the two main divisions in which it works. Rediff.com India Limited was the first dot.com firm in India to be included on the Nasdaq stock exchange. Despite the company’s mediocre financial success over last few fiscal periods, stock prices have taken a huge hit.
2. Infosys Limited
Infosys Limited (INFY) was established in 1981 by seven engineers with only $250. After three decades, Infosys is India’s second largest multinational consultancy and IT services firm and a globally recognised name in the service sector. In 1999, Infosys has become the first Indian firm to be classified on Nasdaq, and in 2006, it was mentioned in the Nasdaq-100 index. The firm’s Nasdaq-listed ADRs were transferred to the New York Stock Exchange in 2012.
3. Yatra Online
Yatra Online, Inc. is a tour operator that operates online. Clients may use the company’s services to book plane, train, and bus fares, and also car and hotel reservations. Customers in India are served by Yatra Online. Yatra Online Inc and Terrapin 3 Investment Company, a Nasdaq-listed company, announced a joint venture in July 2016, valuing Yatra at USD 218 million.
4. SIFY Technologies
SIFY Technologies Ltd is an Indian company that provides enterprise internet services. The company is also the country’s fifth largest Internet service provider. SIFY owns many famous Internet portals and operates a franchise agreement cybercafé network across The country. Throughout the United States, Sify is traded on the NASDAQ Global Select exchange.
5. Azure Power Global Limited
In India, Azure Power Global Ltd designs and distributes solar energy. It works on solar power plant production, installation, ownership, service, servicing, and production, as well as solar energy generation. The company’s income comes from a combination of state and central government utilities as well as private companies in India.