The Ministry of Corporate Affairs will scrutinise auditor reports and has received information from unnamed sources that indicates potential violation including fraud.
Greg Kalbaugh, an official under the US Department of Commerce, says vendors from China cannot be trusted as they 'are subject to the control of their government'.
The security threat designation means service will suffer as small carriers, cut-off from US govt subsidies, will have to shut down parts of their network.
The combination of China’s rapid reemergence as a global power and a US led by an unstable president are increasing geopolitical risks, but India is too immersed in fighting internecine battles.
Until now, units operating even in recognised industrial areas needed a separate factory licence. The move is expected to especially give a boost to small and medium enterprises.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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