Independent journal on economy and transport policy
08:40 GMT+2
P&O Ports to hold 93 pc stake in Kandla terminal project
(The Hindu Business Line)
December 8, 1999
Our Bureau
NEW DELHI, Dec. 8
P&O Ports will hold 93 per cent stake in the $48-million project for the development of a container terminal at the major port in Kandla.
The remaining 7 per cent of the equity in Kutch Container Terminal Private Ltd will be held by the Mumbai-based M.B. Eduljee Cassinath group of companies, industry sources said.
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