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Flipkart gets nod for India residency
Mint Chennai
|December 16, 2025
tion of Industry and Internal Trade (DPIIT) to clarify that the investment is purely financial innature and carries no board representation orcontrol,” this personsaid.
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Mint reported on 5 September that India is exploring whether a company with a small shareholding froma China-based or connected entity can be considered a ‘Chinese’ firm, as New Delhi preparesto ease curbson investments from its neighbouring nation to counter US tariffs.
Queries emailed to the department for promotion of industry and internal trade (DPIIT), Union finance and external affairs ministries, Flip-kart and Tencent remained unanswered until presstime.
This story is from the December 16, 2025 edition of Mint Chennai.
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