India may let Chinese firms bid again for $750 billion in contracts — BHEL hits limit downNEW DELHI,
Bharat Heavy Electricals shares tumbled sharply on Thursday, hitting the 10% lower circuit limit after reports suggested India might ease restrictions barring Chinese companies from bidding on government contracts. The “lower circuit” is a safeguard that halts trading when a stock’s price plunges too far too fast. Siemens shares also took a hit, slipping more than 3%. Moneycontrol
