Thursday, March 12, 2015

#Daily #Current #Affairs

     Indian Railways inks MoU with LIC for Rs 1.5 lakh crore

State-run insurance major LIC committed Rs 1.5 lakh crore to the Indian Railways for development of various commercially viable projects. The investment would be done in bonds issued by various railway entities such Indian Railways Finance Corporation (IRFC), beginning next fiscal.  Indian Railways are one of the largest railway networks in the world.