Chinese Investors In India
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ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
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Bhutan Seeking Investment for $500 Million Fund for Green Crypto Mining in Himalayas
Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.
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iPhone Breakthrough Masks India's Struggle to Be Next Manufacturing Hub Like China
India is poised to hold the title of the world’s fastest-growing large economy in the next three years. Apple recently started manufacturing iPhones in the country, in a significant break from its practice of reserving much of that for giant Chinese factories run by its main Taiwanese assemblers, a key win for Prime Minister Narendra Modi’s “...
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Multiple Probes Into Chinese Companies Damaging Confidence of Foreign Investors, Chinese Embassy Says
Multiple probes into Chinese companies by enforcement agencies are damaging the confidence of foreign investors in India, the Chinese embassy said on Wednesday. On Tuesday, the Enforcement Directorate raided 44 locations across the country as part of a money-laundering investigation against Vivo and related firms. Earlier this year, the ED also ope...
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Tesla's Stock Tumbling As Elon Acquires Twitter And India Says No To EVs Imported From China
The combination of Musk's acquisition of Twitter and India's unwillingness to allow imports of Chinese made Teslas have left investors worried.
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What China Said After India Banned 54 More Apps That Threaten Security
China on Thursday expressed serious concerns regarding India's ban of Chinese apps over security reasons, adding that it hopes India would treat all foreign investors, including Chinese firms, in a transparent, fair and non-discriminatory manner.
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ShareChat Raises $266 Million in Fresh Funding for Valuation of $3.7 Billion
ShareChat said it had raised $266 million (roughly Rs. 2,030 crore) in fresh funding from US-based Alkeon and some existing investors, pushing its valuation to $3.7 billion (roughly Rs. 28,210 crore).
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Government May Block Chinese Investment In LIC's Mega IPO: Report
The centre wants to block Chinese investors from buying shares in insurance firm Life Insurance Corp which is due to go public, four senior government officials and a banker told news agency Reuters, underscoring tensions between the two nations.
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India May Ease Rules for Non-Chinese Investments From Hong Kong: Report
India may reduce scrutiny of deals by Hong Kong-based investors as long as Chinese firms aren't involved in the transactions, people with knowledge of the matter said.
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Alibaba’s Ant Group Said to Consider Paytm Stake Sale Amid Tensions With India
Chinese fintech giant Ant Group is considering selling its 30 percent stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbours and a toughening competitive landscape.
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China's Commerce Ministry Strongly Condemns India Ban on Chinese Mobile Apps
China's commerce ministry said on Thursday it strongly opposed India banning Chinese mobile apps. Indian actions violate the legal interests of Chinese investors and services providers and China asks India to correct its mistakes, commerce ministry spokesman Gao Feng told a briefing.
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China Says Strongly Opposes India's Latest Ban On 118 Mobile Apps
China's commerce ministry said on Thursday it strongly opposed India banning Chinese mobile apps. Indian actions violate the legal interests of Chinese investors and services providers and China asks India to correct its mistakes, commerce ministry spokesman Gao Feng told a briefing.
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Government Reviewing Around 50 Investment Proposals From Chinese Firms: Report
Under new rules announced by India in April, all investments by entities based in neighbouring countries need to be approved by the government
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India Plans Tougher Scrutiny For Portfolio Investors From China, Hong Kong: Report
India has drafted rules proposing tighter scrutiny of new Foreign Portfolio Investors (FPIs) from China and Hong Kong, three government sources told Reuters, its latest effort to check foreign inflows during the coronavirus pandemic.
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Chinese Investors Expected To Commit $30 Million In 8 Indian Start-Ups
Chinese venture capital (VC) funds are likely to invest around $30 million in eight Indian start-ups, the Ministry of Commerce and Industry said after the 2nd Startup India Investment Seminar held in Beijing on Tuesday.
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ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
-
Bhutan Seeking Investment for $500 Million Fund for Green Crypto Mining in Himalayas
Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.
-
iPhone Breakthrough Masks India's Struggle to Be Next Manufacturing Hub Like China
India is poised to hold the title of the world’s fastest-growing large economy in the next three years. Apple recently started manufacturing iPhones in the country, in a significant break from its practice of reserving much of that for giant Chinese factories run by its main Taiwanese assemblers, a key win for Prime Minister Narendra Modi’s “...
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Multiple Probes Into Chinese Companies Damaging Confidence of Foreign Investors, Chinese Embassy Says
Multiple probes into Chinese companies by enforcement agencies are damaging the confidence of foreign investors in India, the Chinese embassy said on Wednesday. On Tuesday, the Enforcement Directorate raided 44 locations across the country as part of a money-laundering investigation against Vivo and related firms. Earlier this year, the ED also ope...
-
Tesla's Stock Tumbling As Elon Acquires Twitter And India Says No To EVs Imported From China
The combination of Musk's acquisition of Twitter and India's unwillingness to allow imports of Chinese made Teslas have left investors worried.
-
What China Said After India Banned 54 More Apps That Threaten Security
China on Thursday expressed serious concerns regarding India's ban of Chinese apps over security reasons, adding that it hopes India would treat all foreign investors, including Chinese firms, in a transparent, fair and non-discriminatory manner.
-
ShareChat Raises $266 Million in Fresh Funding for Valuation of $3.7 Billion
ShareChat said it had raised $266 million (roughly Rs. 2,030 crore) in fresh funding from US-based Alkeon and some existing investors, pushing its valuation to $3.7 billion (roughly Rs. 28,210 crore).
-
Government May Block Chinese Investment In LIC's Mega IPO: Report
The centre wants to block Chinese investors from buying shares in insurance firm Life Insurance Corp which is due to go public, four senior government officials and a banker told news agency Reuters, underscoring tensions between the two nations.
-
India May Ease Rules for Non-Chinese Investments From Hong Kong: Report
India may reduce scrutiny of deals by Hong Kong-based investors as long as Chinese firms aren't involved in the transactions, people with knowledge of the matter said.
-
Alibaba’s Ant Group Said to Consider Paytm Stake Sale Amid Tensions With India
Chinese fintech giant Ant Group is considering selling its 30 percent stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbours and a toughening competitive landscape.
-
China's Commerce Ministry Strongly Condemns India Ban on Chinese Mobile Apps
China's commerce ministry said on Thursday it strongly opposed India banning Chinese mobile apps. Indian actions violate the legal interests of Chinese investors and services providers and China asks India to correct its mistakes, commerce ministry spokesman Gao Feng told a briefing.
-
China Says Strongly Opposes India's Latest Ban On 118 Mobile Apps
China's commerce ministry said on Thursday it strongly opposed India banning Chinese mobile apps. Indian actions violate the legal interests of Chinese investors and services providers and China asks India to correct its mistakes, commerce ministry spokesman Gao Feng told a briefing.
-
Government Reviewing Around 50 Investment Proposals From Chinese Firms: Report
Under new rules announced by India in April, all investments by entities based in neighbouring countries need to be approved by the government
-
India Plans Tougher Scrutiny For Portfolio Investors From China, Hong Kong: Report
India has drafted rules proposing tighter scrutiny of new Foreign Portfolio Investors (FPIs) from China and Hong Kong, three government sources told Reuters, its latest effort to check foreign inflows during the coronavirus pandemic.
-
Chinese Investors Expected To Commit $30 Million In 8 Indian Start-Ups
Chinese venture capital (VC) funds are likely to invest around $30 million in eight Indian start-ups, the Ministry of Commerce and Industry said after the 2nd Startup India Investment Seminar held in Beijing on Tuesday.
