Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Gayatri’s Reddy Says India Budget to Lure Public Work Investors

Feb. 28 (Bloomberg) -- Sandeep Reddy, managing director of Gayatri Projects Ltd. comments on India’s budget and stocks in an interview to Bloomberg News.

The Bombay Stock Exchange’s Sensitive Index, or Sensex, rose 122.49, or 0.7 percent, to 17,823.4 as of the 3:30 p.m. close in Mumbai today. India will cut the budget deficit to 4.6 percent of its gross domestic product in the fiscal year ending in March 2012, Finance Minister Pranab Mukherjee said in his annual budget speech in parliament today.

“Finance Minister Pranab Mukherjee’s budget is expected to boost investment in the infrastructure sector, which will trigger economy on a growth trajectory to achieve 9 percent growth rate.

‘‘The proposal to introduce special infrastructure debt funds to attract foreign financing in infrastructure will certainly help the robust growth of infrastructure sector in the days to come.’’

To contact the reporter on this story: Sharang Limaye in Hyderabad at;

To contact the editor responsible for this story: Darren Boey at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.