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Baron refuses to budge on TCL's Indian arm

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Partha Ghosh New Delhi

The Kabir Mulchandani-promoted Baron International has told the government that it will not issue a no-objection certificate to its Chinese consumer electronics partner, TCL Electronics, for setting up a new company in India, till the legal issues between them are resolved.

In a letter written to the Foreign Investment Promotion Board (FIPB), Baron Chairperson Sha- kun Mulchandani said since the company

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First Published: Sep 22 2003 | 12:00 AM IST

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