Times of India

3 briefs

India eases FDI rules for firms with up to 10% Chinese shareholding

India notified that foreign investors with up to 10% Chinese shareholding can invest through the automatic FDI route subject to sectoral caps, while excluding entities incorporated in China, Hong Kong or other countries that share land borders with India.

India ·
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India's National Company Law Tribunal orders liquidation of Hero Electric Vehicles

India's National Company Law Tribunal's New Delhi Bench ordered liquidation of Hero Electric Vehicles Pvt. Ltd. on March 3, 2026 after no resolution plan secured the 66% creditor approval required under the Insolvency and Bankruptcy Code, with the leading proposal receiving 47.66% support.

India ·
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US federal court orders Perplexity to stop Comet AI browser from purchasing on Amazon

A US federal court issued a temporary injunction requiring Perplexity to cease accessing password‑protected parts of Amazon’s systems — including Prime subscriber accounts — and to delete any copies of Amazon data, with the order paused for one week to allow an appeal.

USA ·
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