Engineering firm Transrail Lighting lifts earnings but faces liquidity woes

By Aman Malik

  • 09 Sep 2020
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Credit: Pixabay

What’s common between a drugmaker and a company operating in the power transmission and distribution sector? Nothing really. And this is perhaps why eyebrows were raised when the family that runs Ipca Laboratories Ltd bought a 75% stake in highway major Gammon India Ltd’s power transmission and distribution business in 2016. The ......

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