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Alstom India’s board of directors in its meeting held on January 15, 2014 has accorded its approval, subject to the approval of the shareholders of the Company and such other approvals, consents, permissions and sanctions as may be deemed necessary, to the sale and transfer by the Company of its transportation systems undertaking to a group company, Alstom Transport India (Alstom Transport), as a going concern on a ‘slump sale’ basis.http://ift.tt/1doLhaI
Posted in: Indian Market Tips
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