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Centre May Invite Financial Bids For Shipping Corp Sale In March Quarter
The government is likely to invite financial bids for privatisation of state-owned Shipping Corporation of India (SCI) in the March quarter, an official said.
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Shipping Corp, BEML, BPCL To Be Privatised Next Fiscal; 3 IPOs Lined Up
The government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial public offering of three public sector companies, including ECGC, a top government official said.
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Government Aims To Privatise 5-6 State-Owned Companies In Current Fiscal
Government is aiming to close the privatisation of BEML and Shipping Corp of India and to list state-owned Life Insurance Corp.
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Africa's Share In India's Oil Imports Hits 7-Month High: Report
Refiners shipped in about 4.2 million barrels per day (bpd) oil in April, a decline of about 8.7% from the same month last year.
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Cabinet Approves Sale Of Stakes In Bharat Petroleum, Other Public Sector Firms: Nirmala Sitharaman
The Cabinet approved sale of the entire government holding of 63.75 per cent in Shipping Corporation of India (SCI) and 30.9 per cent stake in Container Corp of India (Concor).
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18 Indians Among 23 Sailors Aboard British Tanker Seized By Iran
Iran opened an investigation on Saturday into a British-flagged tanker it alleges collided with a fishing vessel in the Strait of Hormuz, as tensions mount in the strategic waterway. The Islamic Revolutionary Guard Corps said it seized the Stena Impero on Friday for breaking "international maritime rules" in the strait, a chokepoint for around a th...
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India Allows Refiners To Use Iran Tankers, Defies US Sanctions Pressure
India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country's top shipper Shipping Corp of India (SCI) halted voyages to Iran due to US sanctions, sources said.
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Shipping Corp Shares Tank Over 7% On Q2 Loss
Its total income from operations during the quarter under review also declined to Rs 758.7 crore as against Rs 1,091 crore in the year-ago period.
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India's $20 Billion Refinery Expansion To Cut Fuel Oil Output
India has traditionally been a net exporter of fuel oil, the residue oil left after initial crude refining that is typically used in shipping and power generation.
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We Crafted Turnaround Of Air India, BSNL, Shipping Corp: PM Modi
"Public sector companies were always seen as ones that make losses and eventually close down. We changed this mindset. We managed to bring several public sector companies out of the woods," he said.
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Iran Ends Free Oil Shipping To India
Iran, no longer under sanctions, has ended free shipping of crude oil to India and has terminated a three-year old system of getting paid for half of the oil dues in rupees.
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Iran Ends Free Oil Shipping To India
Iran, no longer under sanctions, has ended free shipping of crude oil to India and has terminated a three-year old system of getting paid for half of the oil dues in rupees.
-
Shipping Corp Posts Eight-Fold Jump in Q2 Profit
State-run Shipping Corporation of India (SCI) on Friday reported an over eight-fold jump in net profit at Rs 161.21 crore for the September quarter, on change in calculation of depreciation.
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Petronet Pays Hefty Demurrage as PSUs Refuse Costly Gas Import
Petronet LNG Ltd, India's biggest liquefied natural gas importer, is shelling out Rs 400 crore every quarter in demurrage charges for ships idling because of its PSU buyers refusing to buy expensive imported gas.
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Shipping Corp Posts Three-Fold Jump in Q1 Profit
Shipping Corporation of India (SCI) on Wednesday reported an over three-fold jump in standalone net profit at Rs 163.54 crore for the fiscal first quarter that ended on June 30, 2015.
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Centre May Invite Financial Bids For Shipping Corp Sale In March Quarter
The government is likely to invite financial bids for privatisation of state-owned Shipping Corporation of India (SCI) in the March quarter, an official said.
-
Shipping Corp, BEML, BPCL To Be Privatised Next Fiscal; 3 IPOs Lined Up
The government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial public offering of three public sector companies, including ECGC, a top government official said.
-
Government Aims To Privatise 5-6 State-Owned Companies In Current Fiscal
Government is aiming to close the privatisation of BEML and Shipping Corp of India and to list state-owned Life Insurance Corp.
-
Africa's Share In India's Oil Imports Hits 7-Month High: Report
Refiners shipped in about 4.2 million barrels per day (bpd) oil in April, a decline of about 8.7% from the same month last year.
-
Cabinet Approves Sale Of Stakes In Bharat Petroleum, Other Public Sector Firms: Nirmala Sitharaman
The Cabinet approved sale of the entire government holding of 63.75 per cent in Shipping Corporation of India (SCI) and 30.9 per cent stake in Container Corp of India (Concor).
-
18 Indians Among 23 Sailors Aboard British Tanker Seized By Iran
Iran opened an investigation on Saturday into a British-flagged tanker it alleges collided with a fishing vessel in the Strait of Hormuz, as tensions mount in the strategic waterway. The Islamic Revolutionary Guard Corps said it seized the Stena Impero on Friday for breaking "international maritime rules" in the strait, a chokepoint for around a th...
-
India Allows Refiners To Use Iran Tankers, Defies US Sanctions Pressure
India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country's top shipper Shipping Corp of India (SCI) halted voyages to Iran due to US sanctions, sources said.
-
Shipping Corp Shares Tank Over 7% On Q2 Loss
Its total income from operations during the quarter under review also declined to Rs 758.7 crore as against Rs 1,091 crore in the year-ago period.
-
India's $20 Billion Refinery Expansion To Cut Fuel Oil Output
India has traditionally been a net exporter of fuel oil, the residue oil left after initial crude refining that is typically used in shipping and power generation.
-
We Crafted Turnaround Of Air India, BSNL, Shipping Corp: PM Modi
"Public sector companies were always seen as ones that make losses and eventually close down. We changed this mindset. We managed to bring several public sector companies out of the woods," he said.
-
Iran Ends Free Oil Shipping To India
Iran, no longer under sanctions, has ended free shipping of crude oil to India and has terminated a three-year old system of getting paid for half of the oil dues in rupees.
-
Iran Ends Free Oil Shipping To India
Iran, no longer under sanctions, has ended free shipping of crude oil to India and has terminated a three-year old system of getting paid for half of the oil dues in rupees.
-
Shipping Corp Posts Eight-Fold Jump in Q2 Profit
State-run Shipping Corporation of India (SCI) on Friday reported an over eight-fold jump in net profit at Rs 161.21 crore for the September quarter, on change in calculation of depreciation.
-
Petronet Pays Hefty Demurrage as PSUs Refuse Costly Gas Import
Petronet LNG Ltd, India's biggest liquefied natural gas importer, is shelling out Rs 400 crore every quarter in demurrage charges for ships idling because of its PSU buyers refusing to buy expensive imported gas.
-
Shipping Corp Posts Three-Fold Jump in Q1 Profit
Shipping Corporation of India (SCI) on Wednesday reported an over three-fold jump in standalone net profit at Rs 163.54 crore for the fiscal first quarter that ended on June 30, 2015.
