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India takes measures to prevent takeovers (April 2020)

India has taken measures to restrict FDIs from neighbouring country China so as to prevent hostile takeovers in a time when economic crisis looms large in the coronavirus era. Such a preventive measure was already in place for both Pakistan and Bangladesh. Also the ban extends to companies having ownership with chinese citizens as it is thought that they could use other routes like Hongkong and Singapore to takeover Indian companies. As for now there is a blanket ban on investments through the automatic route.