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Shipping Corporation Of India
Business  /  Published 15.05.22

Shipping corp profit jumps 77%

Shipping Corporation of India (SCI) on Saturday reported a 77.42 per cent jump in its consolidated net profit at Rs 152.16 crore for the fourth quarter ended March 2022. The state-run company had cloc...
By PTI in New Delhi

Business  /  Published 24.01.22

Vedanta selloff fund

Vedanta Resources Ltd’s plan to set up a $10 billion fund to acquire state-owned firms has attracted interest from sovereign wealth funds and the corpus will be floated once the government invit...
By PTI in New Delhi

Opinion  /  Published 08.12.21

The recolonization of the Indian economy

The post-war political decolonization in the third world was followed by a struggle for economic decolonization that was no less intense. Many countries that were not formally colonies (hence did not ...
By Prabhat Patnaik

Business  /  Published 22.07.21

Centre to seek bids for SCI

The Centre is expected to seek financial bids for Shipping Corporation sometime next month after the potential investors have had the chance to pore over the state-owned company’s books, a senio...
By R. Suryamurthy in New Delhi

Business  /  Published 14.05.21

Covid cloud on Air India, BPCL selloff

The second wave of the coronavirus is likely to delay the financial bids for sell-off bound BPCL and Air India till September as the travel restrictions are likely to delay the physical verification o...
By R. Suryamurthy in New Delhi

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Business  /  Published 09.03.21

AI union's bid cast aside

The proposal of the employees of Air India to take over the running of the ailing carrier has been rejected by the transaction adviser, leaving the Tatas as the favourite in the privatisation race alo...
By R. Suryamurthy in New Delhi

Business  /  Published 04.02.21

Centre bets on trio for divestment target

The Modi government is banking on the initial public offer of the Life Insurance Corporation and the strategic sales of Bharat Petroleum Corporation Limited and Air India to meet its ambitious disinve...
By R. Suryamurthy in New Delhi

Business  /  Published 03.02.21

LIC IPO after Oct

LIC’s initial public offering (IPO) is likely after October this year, a top official said on Tuesday, laying out the government’s divestment calendar that includes completing the sale of ...
By PTI in New Delhi

Business  /  Published 10.01.21

SCI to start waterways service

Government-owned Shipping Corporation of India (SCI) plans to collaborate with Inland Waterways Authority of India (IWAI) soon to begin inland waterways and coastal shipping services. The services th...
By A Staff Reporter in Calcutta

Business  /  Published 23.12.20

Shipping Corp up for sale

The government plans to set up a development finance institution (DFI) in the next three to four months with a view to mobilise Rs 111 lakh crore required for funding of the ambitious national infrast...
By Our Special Correspondent in New Delhi


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