PM in Oman: Modi receives ‘Order of Oman’, inks historic FTA with Gulf nation – key takeaways

PM Narendra Modi conferred with Order of Oman (Image/ANI) NEW DELHI: Prime Minister Narendra Modi on Thursday was conferred with the Order of Oman, the Sultanate’s highest civilian award, as he wraps up his two-day visit to the Gulf nation.During the visit, India and Oman also signed a landmark free trade agreement, marking a significant…

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‘Equity capital dried up’: Chinese electronic brands reel under India’s regulatory hurdle; here’s how they are funding their survival

Oppo, Vivo, Lenovo-Motorola, Haier, Midea and other top Chinese electronic companies are relying on group companies to fund their Indian operations, according to the Registrar of Companies filings. Most of the funds received are from external commercial borrowing route from linked parties.According to sources cited by ET, this comes as the entities face a roadblock…

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