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Customs duty cut to save 10% cost on coal import: GMR Infra
<http://indiaearnings.moneycontrol.com/sub_india/compnews.php?autono=682978>


On Wed, Mar 14, 2012 at 11:22 AM, Mihir Desai <[email protected]>wrote:

>
> *GMR gets aircraft overhaul unit in Hyderabad*
>
> * *
>
> **·         **Civil Aviation Minister Ajit Singh today unveiled the GMR
> group’s maintenance repair and overhaul unit (MRO) at Hyderabad, boosting
> the aspirations for the city as an aviation hub. ****
>
> **·         **It would create an alternate revenue stream for the airport
> developer. For three consecutive quarters, the group’s airport division has
> made a loss, largely due to Delhi International Airport Ltd. In the past
> two quarters, the division’s losses have been in excess of Rs 200 crore.
>
>
> --
> CA Mihir Desai
>
>


-- 
CA. Rajesh Desai

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