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Relaxed FDI rules: No gains for BYD as EVs kept out

Financial Express Chennai

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March 12, 2026

CHINESE ELECTRIC VEHICLE maker BYD will have to wait longer to push ahead with its manufacturing plans in India despite the government's decision to ease some restrictions on investments from countries sharing a land border with India.

- NITIN KUMAR

The latest relaxation of the rules under Press Note 3 does not extend to electric vehicle (EV) manufacturing, meaning proposals from Chinese EV makers will continue to require full government scrutiny.

Financial Express Chennai'den DAHA FAZLA HİKAYE

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Modernising enterprise architecture is the real challenge

Technology shifts driven by artificial intelligence (AI) are reshaping the IT services industry, even as market volatility weighs on technology stocks. Sandip Patel, managing director, IBM India and South Asia, in an interaction with Ojasvi Gupta, spoke about AI-led code modernisation, hybrid cloud strategy and talent development. Excerpts:

time to read

2 mins

March 12, 2026

Financial Express Chennai

Relaxed FDI rules: No gains for BYD as EVs kept out

CHINESE ELECTRIC VEHICLE maker BYD will have to wait longer to push ahead with its manufacturing plans in India despite the government's decision to ease some restrictions on investments from countries sharing a land border with India.

time to read

1 min

March 12, 2026

Financial Express Chennai

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time to read

1 min

March 12, 2026

Financial Express Chennai

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March 12, 2026

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1 mins

March 12, 2026

Financial Express Chennai

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3 mins

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Financial Express Chennai

Push to electronics manufacturing

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2 mins

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