Coal India selects merchant bankers to acquire overseas assets ::: An investment of about $1.8 billion is expected to be made in these deals. Bank of America-Merill Lynch, Royal Bank of Scotland and Bank of Canada are the three merchant banks selected for helping the public sector Coal India Ltd (CIL) which is currently taking efforts to seal strategic partnership deals with coal companies in three countries — Australia, Indonesia and the U.S. — for augmenting India's coal supplies. Read more >>
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