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While the depreciation of the rupee would not have much impact on large players such as Infosys ,TCS and Wipro,their smaller peers, might have to postpone acquisition activity.
The only way out for DMRC would be if the lenders, a consortium of 10 banks, find another concessionaire for the project
Most of the projects face hurdles such as delay in approvals and lack of coordination between state governments and the railways.
Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.
On day one of its stand-alone operation of the airport line, Delhi Metro Rail Corp on Monday assured commuters of an uninterrupted service by taking journalists on a ride.
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