Thursday, March 29, 2018

Rly Board plan for buying wagons via reverse auction process raises concerns of aggressive bidding

Rajaji Meshram, Director of KPMG India, thinks the proposal has merit as the bulk purchases will bring in a “quantitative change” in the market size, thereby creating prospects for “drastic” price reduction. The bulk purchases proposal will trigger a paradigm shift in the market conditions, and “market price ...
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