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Airfloa Rail Technology Ltd approved entering into an MOU to form a joint venture with Acme India Industries Limited for joint tender participation in a Konkan Railway Corporation Limited tendering process.
“Entering into an MOU for the purpose of forming a Joint Venture (JV) with M/s Acme India Industries Limited for joint tender participation in the Tendering process being float by Konkan Railway Corporation Limited.”bazaarwatch.com
Summarized from public sources; check the original articles before acting on it.