Power Generation, Foreign Investors and Money Market Brokers

Power Generation, Foreign Investors and Money Market Brokers Arun Ghosh Money can be borrowed in Dubai at 8 per cent. If one can get a government-guaranteed return of 16 per cent in foreign exchange after a wait of just two years, one would be a stupid financier not to go flat out to get the necessary papers signed quickly, Who knows, Narasimha Rao may lose his job, and a new prime minister may have other ideas on how to stimulate investment in the power sector.