Try post this on a new thread & accidentally posted it on the general thread so apologise if your reading this twice.
Just read this in bloomberg I think this will only make things easier here's a snippet
India Frees State Firms to Compete With China for Mines Abroad
Oct. 14 (Bloomberg) -- India granted state-run companies greater powers to acquire coal, oil and other mineral assets overseas without consulting the government as it bids to compete with China for resources to power its economy.
The policy approved by the cabinet yesterday gives companies enhanced powers to examine proposals and obtain the approval of directors, and applies to units that have been profitable for three consecutive years, Information and Broadcasting Minister Ambika Soni said in New Delhi. The government will “in due course” consider forming a sovereign wealth fund to help companies compete, she said.
- Forums
- ASX - By Stock
- LCY
- just a one person's opinion.
just a one person's opinion., page-17
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LCY (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LCY (ASX) Chart |
Day chart unavailable