3. International Financial Environment International Monetary System International Banks MNC’s International Financial Institutions Financial Intermediaries International Capital markets Foreign Exchange Market International Monetary Fund Euro Money Market
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8. Investors Company Lead managers & Syndicate Luxemburg Stock Exchange Custodian Depository Shares Mechanism of GDR’s GDR’s GDR’s GDR’s
9. Company Lead managers & Syndicate English Legal Counsel Indian Legal Counsel Investors Luxemborg Stock Exchange Custodian Luxemborg listing Agent Depository PR consultant Auditor Indian Legal Counsel English Legal Counsel Euro clear Cedel & DTC GDR’s Shares Listing Agreement Depository Agreement Subscription Agreement Mechanism of GDR’s
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21. Transfer Pricing China India Parent USA UK China India Parent USA UK 4 m $ 1 m $ 6 m $ 1.75 m $ 5.25m $ 1 m $ 2 m $ 3.5 m $ 2 m $
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