Britannia shares fall 2% after CLSA slams 'sell'The profit includes an exceptional gain of Rs 359 crore, with respect to a JV with Bel SA for the cheese business and the consequent sale o...
CS initiates coverage on AU Bank; CLSA bearish on Maruti SuzukiAnother overseas brokerage firm CSLA maintained 'sell' rating on Maruti Suzuki. It has given a target of Rs 7,053 on the counter, hinting a...
Shortage forces shipping lines to reposition 1.85 million containersRepositioning of containers is getting an empty container from a port of surplus to one where they are scarce. Shipping lines had to resort...
Adopted multi-pronged strategy to address shortage of containers: MinisterThe task force after considerable stakeholder consultations, has initiated coordinated action on identified tracks.
CBIC instructs field units to free up shipping containers amid global shortage, industry demands“Dispose expeditiously the unclaimed/uncleared/seized/confiscated goods including that are holding up containers… whenever it becomes neces...
Four-pronged plan to deal with Suez Canal blockage, says Indian governmentThis route is used for Indian exports/imports worth $200 billion to/from North America, South America and Europe and includes petroleum goo...
India faces container shortage due to export-import mismatchThe waiting time for an access to a container for exporters is now two-three weeks, compared with a maximum of four days earlier, said indu...
Your best chance of making quick bucks in India stocks may be goneDecember to February is the best time for Asian indices while it is June-August in India.
JNPT loses business to rivals as labour dispute drags onJNPT showing no signs of easing, frustrated shipping lines have started deserting India's largest container port for rival ports in Gujarat.
'Indian Customs laws on abandoned cargoes are unclear, used in brazen manner'Most liner shipping companies' fear that a cargo destined for an Indian port may be abandoned after landing is genuine.
- By misinterpreting Light House Act of 1927, Customs department collecting huge sums
By misinterpreting the Act of 1927, the Dept have incorrectly collected huge sums thereby putting financial & economic burden upon our own ...
- MV Wisdom stands stranded in Mumbai; its myths and reality
Much have been written about Wisdom, the box ship that stands stranded in Mumbai. We try to separate the myth from the truth about it.
- Increasing costs at GMB ports worry lines
Ports under the administrative control of Gujarat Maritime Board seem to be catching up with some of the central government-controlled majo...
- More carriers to levy congestion charge at JNPT
Three more ocean carriers have joined the bandwagon of liners that have announced imposing emergency congestion surcharge on all import con...
- 'There is no option to containerisation'
Anil Devli, executive director of Shreyas Shipping & Logistics, has many roles to play as a leading voice of Indian shipping industry. He i...
- Shipping lines likely to impose surcharge at JN Port
Agitated about frequent draught restrictions imposed by Jawaharlal Nehru Port (JNP), container shipping lines in Mumbai have decided to imp...
- E*Trade, SAIF to take IISL reins
The American online stock broking giant E*Trade and SAIF Investment are believed to have joined hands to acquire management control in the ...