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Indian Railway Minister Suresh Prabhu Presents Fiscal Year Budget Amid Political Challenges
Suresh Prabhu, railway minister of India, on Thursday, unveiled the rail budget for 2016-2017 in the Lok Sabha. The minister increased the quota for women and senior citizens in railway coaches.
Group of Canadian and Kuwaiti Investors Bought The London City Airport for £2 Billion, Raise Concerns Over Possible Airport Charges Raise
The London City Airport has now new owners as a group of investors led by Canadian pension plan acquire the facility for £2 billion. Some expressed a concern over the airport’s plan to expand the service, also over the high price that could cause the new owners to increase airport charges.
Vision Critical Removes Last Hurdle To Go Public, Sells Consulting Arm To Maru Group
Vision Capital has announced on Wednesday reaching an agreement for disposing of its consulting business arm to Maru Group. Lower growth rate and profit margin ration are believed to the reason to choose the consulting arm for selling. Through this deal, VC has removed the last hurdle to go for IPO.
Hedge Funds Supported China Car Rental eHi
Hedge funds are favoring eHi Car Services Ltd (NASDAQ:EHIC) stocks. Many hedge funds are reportedly increasing their collective stake in the China's car rental company.




