భారతీయ కంపెనీల టేకోవర్ పై భయాలు, చైనా పెట్టుబడులకు బ్రేక్ || New FDI Policy To Stall China||
Even as policymakers grapple with the negative effects of India’s lockdown, there is a new headache, it seems, for Indian policymakers: opportunistic takeovers. On Saturday, the government tightened foreign direct investment (FDI) rules, requiring specific approval for inward investments by entities based in countries that share a land border with India. The so-called automatic route, under which the central bank simply had to be informed after money was invested, has been blocked in such cases. While India shares a land border with Pakistan, Bangladesh, Myanmar, Nepal, Bhutan, China and Afghanistan, the move appears directed mostly at China. Inflows from Pakistan were under scrutiny anyway, and the other five do not have a past record of buying Indian assets.
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భారతీయ కంపెనీల టేకోవర్ పై భయాలు, చైనా పెట్టుబడులకు బ్రేక్ || New FDI Policy To Stall China|| Even as policymakers grapple with the negative effects of India’s lockdown, there is a new headache, it seems, for Indian policymakers: opportunistic takeovers. On Saturday, the government tightened foreign direct investment (FDI) rules, requiring specific approval for inward investments by entities based in countries that share a land border with India. The so-called automatic route, under which the central bank simply had to be informed after money was invested, has been blocked in such cases. While India shares a land border with Pakistan, Bangladesh, Myanmar, Nepal, Bhutan, China and Afghanistan, the move appears directed mostly at China. Inflows from Pakistan were under scrutiny anyway, and the other five do not have a past record of buying Indian assets.
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