Rail stocks surge up to 5% on hopes of FDI
Shares of companies related to railways Thursday gained as much as 5 percent following reports that the Commerce and Industry ministry has started the exercise to relax foreign investment norms in the sector by permitting 100 percent FDI.
Jun 19, 2014, 21:30 PM IST
Govt initiates steps to relax FDI policy in railways
After defence, the Commerce and Industry ministry has started the exercise to relax foreign investment norms in the railways sector by permitting 100 percent FDI in high-speed train systems and dedicated freight lines.
Jun 18, 2014, 22:24 PM IST