Overcoming The Gloom
Road building revival offers rare hope for India infrastructure overhaul
K. Ramchand, managing director at one of India's biggest road builders, is doing something unusual to help dispel the gloom pervading much of the country's infrastructure sector today: bidding for new projects. Full Article
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Network18 to sell stake in Newswire18 for 900 million rupees
MUMBAI |
MUMBAI (Reuters) - Network18 Media & Investments Ltd(NEFI.NS) will sell its shareholding in news provider Newswire18, the company said in a statement to the stock exchange, in a deal worth 900 million rupees.
The stake has been sold to Samara Capital.
(Reporting by Henry Foy; Editing by Prateek Chatterjee)
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