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Ashoka Buildcon

Toll plaza at Delhi - Faridabad elevated highway...

Ashoka Buildcon Staged a Sharp Recovery After 20% Plunge in Stock Market

One of India's largest highway and road developers prepared to recover after a massive loss in Wednesday. The company's stock slumped following the raid of tax officials.

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An aerial view of a toll road connecting Jakarta to an industrial area of Bekasi is seen October 16, 2010. REUTERS/Beawiharta

SBI, Macquarie to invest in Indian road developer

State Bank of India, and Australia's Macquarie Group, have agreed to invest $150 million in a unit of infrastructure firm Ashoka Buildcon.

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