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Govt allows FDI FOR GMR

Govt allows FDI FOR GMR

The Cabinet Committee on Economic Affairs has cleared GMR Airports Holdings' proposal to raise further foreign investment of $200 million from Mauritius-based entities.

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Wanted: Double-engine pull!

Wanted: Double-engine pull!

The way for Indian Railways to capture back some of the market lost to roads is through privatisation. Although the intent is there, privatisation of rail logistics is a while away because the fundamentals, including documentation formats, do not exist.