Shipping Corporation

Sensex ends 365pts lower, Nifty holds 16,300; RIL cracks 4%, Infy gains 2%

The broader markets ended with deeper losses, with both the BSE Midcap and Smallcap indices down over 1.5 per cent each; the breadth too at 2:1 was in favour of the bears.

Shipping Corp says war in Ukraine needs to abate for stake sale to move

Deadline for financial bids for privatising the firm was extended from January 18 as bidders sought a more detailed due diligence.

Shipping Corp second quarter profit soars 71% to Rs 243 crore

The shipping company had reported a net profit of Rs 141.89 crore in the corresponding quarter of the previous fiscal

Shipping Corp Q1 net profit declines nearly 53% to Rs 158.51 crore

State-owned Shipping Corporation of India Ltd (SCI) has reported a 52.94 per cent decline in consolidated net profit to Rs 158.51 crore for the first quarter of the current fiscal.

Disinvestment: Shipping Corp opens virtual data room for potential bidders

Disinvestment-bound Shipping Corporation of India on Monday said it has opened the virtual data room for potential bidders.

Safesea Group gets approval to bid for Shipping Corporation of India

The findings by intermediaries revealed that the pending dues, for which a dispute was ongoing, were acknowledged by Shipping Corporation of India

Top Headlines: Sebi tweaks delisting rules, Cloudtail gets Rs 54 cr notice

Business Standard brings to you top headlines on Tuesday

Procedural delay likely to hit Shipping Corporation privatisation process

The Shipping Corporation was asked to draft the SPA and insert clauses based on the response received in road shows

Out-of-control shipping costs fire up retail prices from coffee to toys

Soaring demand, shortage of containers, saturated ports and too few ships have contributed to the squeeze on transportation capacity on every freight path.

BPCL, Shipping Corp: Analysts bullish on PSU stocks on divestment hope

As per government disinvestment plans two public sector banks (PSBs) and one general insurance company is to be privatised in fiscal 2021-22 (FY22) and aims to raise Rs 1.75 trillion.

Stocks to watch: BPCL, Shipping Corp, Hero Moto, Tata Motors, IDBI Bank

Royal Enfield on Monday reported a 10 per cent increase in total sales at 69,659 units in February

Land policy delay hurdle to Container Corporation sale, says panel

Railway ministry denies charge, says divestment planned for next year

Govt extends bid submission deadline for Shipping Corp to March 1

The government on Friday extended the deadline for submission of preliminary bids to buy Shipping Corp of India to March 1.

Govt invites bids for sale of its 63.75% stake in Shipping Corporation

Non core assets of the company are being hived off and will not be a part of the sale

Panel approves bidding plan for Shipping Corporation privatisation

During the current fiscal year, the government has received Rs 12,380 crore in divestment receipts against the government's target of Rs 2.1 trillion

Shipping Corporation hits over 2-year high; stock zooms 60% in 3 weeks

The government has decided to sell its entire 63.75 per cent stake in SCI

Govt expected to soon issue EoIs for BPCL, Shipping Corp, Concor

Moreover, for FY20, officials said the revised divestment plans will not be derailed because of cancelled road shows in the Far East over fears of Coronavirus

Shipping Corporation appoints Lawrence Cajetan Serrao as firm's CFO

Currently, he holds the position of finance controller and general manager in charge of Corporate Accounts and Budget in SCI

Year in Review: Citizenship Act to Ayodhya verdict, key decisions of 2019

Days before curtains come down on 2019, we look at the key decisions and ideas that shaped the year

Biggest privatisation drive: Here's how govt plans strategic sale of 5 PSUs

The Centre hopes that disinvestment proceeds will make up for some of the revenue shortfall that is expected this year