Sunday, October 18, 2020

All FDIs with Chinese holding need govt nod

Foreign direct investment (FDI) proposals with even minuscule Chinese holding will need government approval, with the Centre abandoning its earlier plan to set a floor for “significant beneficial ownership”.

from Times of India https://timesofindia.indiatimes.com/business/india-business/fdi-with-even-the-smallest-chinese-holding-will-need-govt-nod/articleshow/78738799.cms
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