Govt deals: China, Pakistan companies must show ownership plan

From names of directors and their nationalities to a graph depicting the ownership structure, the Centre wants Chinese and Pakistan-based companies to bare it all to be eligible to bid for govt and PSU contracts. Besides, details of all entities with over 10% shareholding has to be disclosed. Three months ago the govt imposed security checks on firms from border countries.



October 20, 2020 at 03:22AM