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Rail stocks surge up to 5% on hopes of FDI

Last Updated: Thursday, June 19, 2014, 21:30

Shares of companies related to railways Thursday gained as much as 5 percent following reports that the Commerce and Industry ministry has started the exercise to relax foreign investment norms in the sector by permitting 100 percent FDI.

GMR forays into railway sector

Last Updated: Tuesday, March 04, 2014, 14:19

Infrastructure major GMR, with interests in airports, energy and highways, has forayed into the railway sector, winning a construction package worth Rs 267 crore, alongwith partners including Tata projects, from Rail Vikas Nigam.

Scrips of railway-related companies decline before rail budget

Last Updated: Monday, February 25, 2013, 20:30

Companies such as Titagarh Wagons, Kalindee Rail Nirman, Kernex Micro, Stone India, and Gateway Distripark declined at the Bombay Stock Exchange (BSE).