Govt plans to check China FPI flows to block threat of takeovers ...Middle East

News by : (The Times of India) -
After FDI, the govt is looking to clamp down on unbridled access to the Indian market by Chinese portfolio investors as it seeks to plug a possible loophole that investors from across the border can use to acquire shares in listed domestic companies. India is looking at the possibility of mandating the “approval route” for Chinese foreign portfolio investment (FPI).

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