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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (6067)8/30/1999 9:08:00 AM
From: Mohan Marette  Read Replies (1) of 12475
 
India allows AES Corp (USA) to buy 52% in Orissa firm.

Monday August 30, 8:40 am Eastern Time

India FIPB allows AES to buy 52 pct in Orissa firm

NEW DELHI, Aug 30 (Reuters) - India's Foreign Investment Promotion Board (FIPB) has allowed AES Corp (NYSE:AES - news) to buy 52 percent equity in the Central Electricity Supply Company of Orissa (CESCO), a government official said on Monday.

biz.yahoo.com
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