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India's top think tank NITI Aayog has proposed that the rules that Chinese investments in Indian companies are currently subject to should be eased, Reuters reported, citing sources. The agency reportedly said the rules call for extra scrutiny, which means delays in sizeable deals. It proposed allowing Chinese companies to take up to 24% stake without approval.
short by Medhaa Gupta / 08:45 pm on 18 Jul
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