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SPML Infra's inflection point

Mudar Patherya |  Jun 26, 2017 02:47 AM IST

A remarkable contrarian play is the country’s infrastructure sector.   This is why I am sticking my neck out.   In the past, whenever infrastructure companies worked for the government, there was always the possibility of a disputed delivery (‘I asked for this, you gave me that’). Each time this transpired, the vendor and customer locked into arbitration for years (often resolution-less).   The result: No remuneration for much of the expenses incurred, a need to stay in business by addressing new contracts,.....

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