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Private firms to get $19-billion subsidy via fuel pact on Coal India: TCI

Forecasts in the Reuters survey for March ranged from 6.30 to 7.02 percent, suggesting that, while inflation is not about to go off the central bank's radar, it will remain well below the 9 percent levels.

Infosys chief executive officer and managing director S. D. Shibulal
Infosys chief executive officer and managing director S. D. Shibulal
British hedge fund TCI, a minority shareholder in Coal India (CIL), today alleged that directing the coal PSU to sign fuel supply pacts with power producers would amount to "direct transfer" of $19 billion to the private sector.
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