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Tax reduction in FII funding to help infra sector: L&T CFO

YM Deostahlee, CFO at L&T, in an interview with CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.

March 03, 2011 / 13:32 IST

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YM Deostahlee, CFO at L&T, in an interview with CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.

He believes that the budget has done what was expected and there is nothing negative in the budget. Talking about infrastructure sector, he said that the budget has taken some steps in the right direction such as the FII cap on infrastructure fund.

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first published: Feb 28, 2011 04:15 pm

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