Seaways plans IPO next year, promoters buy out IDFC PE stakeThe company did not disclose the financial details of the transaction.
Small and midcap space will continue to shine, says PVK Mohan of Principal MFMohan agrees that the mid and smallcap stocks are overvalued, but he is quick to add that it’s not an empty story
Does it make sense to invest in equity mutual funds after retirement?Retired people can consider parking a part of their corpus in equity, if they have extra money after investing in safer instruments to gene...
- IPL-style league for Cuesport in 2015
"There will be six teams across the country and we are trying our best to make the format very attractive and popular."
Budget 2014: GST implementation will benefit logistics sector, says Shashi Kiran Shetty of Allcargo"GST will prove to be true game-changer for logistics industry and to the manufacturing industry in terms of making them competitive."
Cargo companies to get sops for taking sea routeThe shipping ministry on Wednesday approved incentives to boost coastal shipping of goods to encourage manufacturers and cargo operators.
Bangalore to host 2014 World Snooker ChampionshipThe decision was taken at the Annual General Meeting (AGM) of the International Billiards and Snooker Federation (IBSF) here today.
Don't expect market to move up sharply from current levels: PVK Mohan, Principal Mutual FundWe are pretty much in a neutral zone. There is no real big-bang movement expected in the market, says PVK Mohan, Principal MF.
- NMDC to pick up majority stake in Andhra Pradesh's new port
Iron ore miner NMDC will become the majority owner of a major seaport in Andhra Pradesh, marking one more attempt at diversification by the...
- Mutual Funds increase investment in financial services, automobiles and construction companies
AMCs deployed 22.5% of their total corpus in financial services cos. This is the highest percentage investment made by the industry in this...
- Positive on PSU banks in present situation: Principal Mutual Fund
It is really a valuation catch up, they were trading at much much lower valuations compared to the private banks, so that is something that...
- Infrastructure, engineering stocks are back on the investor radar
Shares of engg & infra companies have outperformed their benchmarks in the past one week as investors lapped up these battered stocks.
- Shipping alliance heralds better services for exim and domestic operators
When OEL Victory, a vessel belonging to Shreyas Shipping & Logistics, loaded 350 TEUs from Colombo headed for Kolkata/Haldia, it heralded a...
- JPMorgan, IDFC vie for stake in Seaways
Private equity players JPMorgan and IDFC are learnt to be eyeing a minority stake in Hyderabad-based logistics company Seaways.
- JP Morgan & IDFC eye stake in Seaways
Private equity players J P Morgan and IDFC are learnt to be eyeing a minority stake in Hyderabad-based logistics company Seaways.
- Single window clearance, uniform tariff sought for Haldia, Kolkata ports
The Kolkata Port, which is the major gateway port for the entire north eastern region, Nepal and the hinterland of West Bengal, Bizarre, Jh...
- Panel set up to look at augmenting box trade at Kolkata port
Ministry of shipping has constituted a high powered five-member committee, under the chairmanship of Capt PVK Mohan, the senior-most member...