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Government & PSU Investment News

India reviewing around 50 investment proposals from Chinese firms

After imposing a ban on 59 Chinese mobile applications, the Indian government is reportedly reviewing around 50 investment proposals involving Chinese companies under a new screening policy. The development was first reported by Reuters citing sources close to the matter. Earlier in April, the New Delhi government had tweaked its Foreign Direct Investment policy, making […]

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Corporate Government & PSU

Maharashtra govt to stall MoU with Great Wall Motor due to growing anti-China sentiment

Just days after signing an MoU with Great Wall Motor, the Maharashtra government is reportedly trying to stall the proposed $500mn investment by the company in the state due to the growing anti-China sentiment in the country. The recent development comes in the wake of a deadly border clash between soldiers of India and China. […]