You are here

Modi to tap US$19b hoard in India's state companies

Wednesday, February 4, 2015 - 05:50

New Delhi

INDIA is ratcheting up the pressure on state-controlled companies to spend their hoards of cash.

Businesses such as Coal India Ltd have been told to step up outlays on major investments to boost the economy, two government officials with knowledge of the matter said,

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom