Maoists keeping guns on GMR

Thebullishtrends: GMR Infra shares are trading at Rs.180(2.16%) After the assult on Indian tobacco major ITC. Nepal's Maoists are now keeping their guns on Infrastructure gaint GMR. The Maoist cadres have begun a strong campaign to terminate the recently signed agreement with GMR Energy Ltd for the Upper Karnali Hydro-electricity Project. The project has been awarded to GMR Energy on 24th January'08. A senior Maoist cadre said that they are against the sell-out of Nepal's rich natural resources. They decided to launch a series of protest programmes against the government's decission to hand over construction of Upper Karnali Project to foreign parties.