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BUDGET ESSAR SHIPPING
Shipping stocks skyrocket 20%, Shipping Corporation, Eastern Shipping leadShipping stocks surged with Shipping Corporation of India hitting a new all-time high, and Great Eastern Shipping a 52-week high. Investors...- Foresight Group among multiple bidders for Shipping Corp privatisationDIPAM in December had invited expressions of interest (EoI) for strategic disinvestment of its entire stake of 63.75 per cent in Shipping C...
- Essar Steel forays into defence manufacturing sectorEssar Steel's import substitute products have been used in the construction of advance naval destroyers, offshore patrol vessels and floati...
- Budget gives a big leg-up to infrastructure industry: ExpertsBudget has also accorded infrastructure status to affordable housing projects which will give lot of tax incentives to the players.
- Budget gives a big leg-up to infrastructure industry: ExpertsFor the transport sector as a whole, including railways, road, shipping, the Government has made a provision of Rs 2.41 trillion in 2017-18.
- Essar Steel's canadian arm demands anti-dumping duty on Indian steelEssar Steel Algoma, the Canadian arm of Essar Steel, has sought anti-dumping and countervailing duty against Indian and Russian steel.
- Budget 2013: Ship building industry cheers as it is exempted from excise dutyIn what comes as good cheer for the shipping industry, the Finance Minister has proposed fully exempting ships and other vessels from excis...
- Budget 2013: FM removes countervailing duty on import of foreign vesselsIn a move to help the domestic shipbuilders FM has also removed the excise duty on the domestic shipbuilding industry.
- Budget 2013: Government to set up two new ports, increase capacity at Tuticorin PortFM P Chidambaram said while presenting the Budget 2013 that two new major ports will be set up in WB and AP, to increase port capacity.
- We do not want tightening of money supply in the Budget: Essar ShippingV Ashok, CFO, Essar Shipping, in a chat with ET Now says that the sector does not want further tightening of money supply.
- We want soft loans for growth in the Budget: Essar ShippingV Ashok, CFO, Essar Shipping, in a chat with ET Now, talks about the expectations from the Budget.
- Essar Oil to raise $250 mn via equity sharesEssar Oil, India’s second-largest petroleum refiner, has mandated Citi, JP Morgan and UBS to raise $200-250 million through issue of fresh ...
- Railway Budget 2009-10: No good(s) stuff & loads of woes for cargo sectorMamata Banerjee failed to meet the expectations of the industry, which was hoping for some relief in freight tariffs to help it tide over t...
- Essar scouting for telcos in AfricaVodafone Essar is eyeing value-added services cos in sub-Saharan and eastern Africa to expand international footprint.
- Ship companies may be exempted from MATFinance ministry is likely to exempt shipping companies from minimum alternate tax on profits earned from sale of vessels.
- Mercator to foray into dredgingMercator Lines (MLL) is making a grand entry into the booming dredging sector
- Mercator bets big on dredgingMercator Lines (MLL) has bought two dredgers and is in the process of acquiring four more in the current fiscal for a total investment of $...
- Vodafone set to redial telecom price war with Rs 666 handsetWith Reliance Communications launching cheap handsets with prices starting at Rs 777, the buzz is that Vodafone would lower the entry barri...
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- CCD likely to meet before the Feb 17Cabinet Commitee on Disinvestment is likely to meet before the Budget session of Parliament beginning February 17, for finalising transacti...
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