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GE Capital part exits Titagarh Wagons with modest returns

By Anuradha Verma

  • 21 Apr 2015
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GE Capital part exits Titagarh Wagons with modest returns

GE Capital has part-exited its almost eight-year-old investment in Kolkata-based railway wagons manufacturer Titagarh Wagons Ltd, generating modest returns in local currency and taking a haircut in dollar terms.This is the second liquidity move by GE Capital within the last seven months. However, as against the previous activity where it ......

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