While most other big companies like Tata, Mahindra and Reliance remain non-committal on FDI, Nikhil Gandhi was the lone voice supporting 51 per cent FDI through the automatic route.
It may be a 'no-go' for banking licences to large industrial houses.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
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