ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

India moves to curb Chinese corporate takeovers

New Delhi fears coronavirus leaves companies vulnerable to foreign bids

Keeping an eye on the market: People watch share prices outside the Bombay Stock Exchange.   © Reuters

NEW DELHI (FT) -- India has tightened its foreign investment rules to block "opportunistic takeovers" by its neighbors, acting on concerns that Chinese buyers could use the coronavirus pandemic to snap up weakened Indian companies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more