(which is a condition If JAICA loan from Japan with very low interest is being taken by Indian govt) and the connected FDI is approved by cabinet. Texmaco will also benefit as i think it has tie up with an australian firm for technology and now if FDI gets cabinet approval then great probablity
2.32 PM Jul 8th 2014
Bulk of future projects to be financed via PPP route Spent Rs18,400 cr on doubling 5,050 km tracks in 10 years | Had a surplus of ₹3,783 cr last fiscal Seeking Cabinet nod to allow #FDI in Railway sector but not in railway operations. Prioritising time lines to finish pending projects | Passenger
1.46 PM Jul 8th 2014
rail minister talk about FDI in railways. Source: Money control "Here comes the big announcement: "I seek Cabinet approval for foreign direct investment in Railways except in railway operations. The government will also look to fund future projects, including high-speed trains, via the public
12.37 PM Jul 8th 2014
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