Govt deals: China, Pak cos must show ownership plan

From names of directors and their nationalities to a graph depicting the ownership structure, the Centre wants Chinese and Pakistan-based companies to bare it all to be eligible to bid for govt and PSU contracts. Besides, details of all entities with over 10% shareholding has to be disclosed. Three months ago the govt imposed security checks on firms from border countries.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2HesrKi

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