Covid - 19

Mar 19 2020
Covid-19 | Latest Update
By Ministry Of Corporate Affairs - Government of India - dated 19th March 2020

Check out the expert views by Mr. Santosh Pai, Partner and Head - China Desk in the story "India’s revised FDI policy: Will tightening norms benefit or hurt the economy?"

China’s investment into India at over $8 billion outweighs investment by the other border-sharing countries combined.

Earlier this month, alarm bells went off when HDFC disclosed that the People’s Bank of China increased its stake to 1.01% from 0.8% in India’s largest private bank. Even the Indian government took notice. Soon after, the government tweaked its Foreign Direct Investment (FDI) policy to curb “opportunistic takeovers/acquisitions of Indian companies” due to the pandemic. 

To read the full story click here

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