Canada, Europe pension funds may fund Indian roads, Nath says

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INDIA - Canadian, European pension funds may invest in road projects in India attracted by the higher yields than the U.S. after the nation lifted the cap on foreign investment in bonds to lure capital for infrastructure projects.

"Long-term funds require a good parking lot and this will be a good parking lot," Road Transport and Highways Minister Kamal Nath said in an interview with Bloomberg UTV. "I have got promises" from...

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