As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables Infrastructure and power, core sectors considered proxies of economic growth, have remained relatively free from the effects - good or bad - of demonetisation, as can been seen in their financial performances. On November 8, Prime Minister Narendra Modi had announced the withdrawal of old Rs 500 and Rs 1,000 notes, sucking out cash from the economy and affecting sectors heavily dependent on it. Rediff.com, 1 day ago
Reliance Infrastructure plans to focus on engineering, procurement and construction contracts in four big verticals – power, transport, marine and mega projects. "We are focusing on four big verticals. One entire big vertical is power. In power, we have ...DNA, 1 week ago
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