Probe Chinese investments in desi startups: CAIT to PM


Source: dailypioneer.com dailypioneer.com

Key Topics in this News Article:

News Snapshot:

The Confederation of All India Traders (CAIT) has urged the Prime Minister Narendra Modi to order an investigation about investments made by Chinese Companies in various Indian start-ups. The traders’ body also requested the centre to ensure that the data accrued by these startups is not being transferred to Chinese investors in any way. Taking a lead on the critical subject, the CAIT has sent a communication to Union Finance Minister Nirmala Seetharaman, Information and Technology Minister Ravi Shankar Prasad and Commerce Minister Piyush Goyal urging them to ensure that there is no foul play is taking place under the...