This, in a sense, confirmed what the government had feared when it tightened the FDI norms in April—“opportunistic acquisitions” by the cash-rich Chinese of domestic firms that saw a massive crash in valuations after the Covid-19 pandemic.
from The Financial Express https://ift.tt/34CrS5s
Tuesday, 22 December 2020
Chinese proposals worth Rs 12,000-13,000 crore await govt nod
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