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Revival of closed MAMC in limbo - Jammu Kashmir Latest News | Tourism

KOLKATA, Nov 14: Revival of closed Mining and Allied Machinery Corporation Ltd (MAMC) by a consortium of three state-run companies seems to have run into trouble, officials indicated on Monday. BEML, which is one of the consortium members along with Coal India and Damodar Valley Corporation, has now expressed its interest in withdrawing from the revival scheme, they said. “BEML has expressed its desire to opt out of the consortium due to the strategic disinvestment proposal of the PSU by […]

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