Govt moves closer to Shipping Corp sell-off; no stamp duty on unit demergerAcceding to the Centre’s request, the Maharashtra government has waived off stamp duty pertaining to the demerger of SCILAL, created by hiv...
Shipping Corporation shares surge 9%, breaking four-session losing streak. Here’s why?The government plans to complete the strategic sale of SCI in this fiscal. The central government is looking to sell its 63.75% stake in SC...
Govt to list SCI's non-core assets on bourses this month; invite bids for privatisation thereafterAs part of the demerger process, SCILAL will be listed on the stock exchanges, and every shareholder of the Shipping Corporation of India (...
Financial bids for Shipping Corporation of India soon; land and assets unit likely to be listed in a monthThe government intends to invite financial bids for its entire 63.75% stake in Shipping Corporation of India (SCI) soon after the demerged ...
Shipping Corporation selloff to set sail with roadshows from next weekThe disinvestment department has decided to start the process even as unions and a section of management raised objections to the Rs 1,000 ...
Govt may invite financial bids for Shipping Corp sale in March quarter"The demerger of non-core and land assets of Shipping Corporation is at an advanced stage. The process is expected to be over in about thre...
Govt to fast-track divestment of BEML and SCIThe government is evaluating all prospective candidates and a decision will be taken based on market conditions, the official said, adding ...
SCI shares rally over 8% on divestment hopes ahead of IMG meetSCI has submitted a new demerger plan to the Ministry of Corporate Affairs (MCA) and has excluded some of its assets from the proposed deme...
Govt to invite financial bids for SCI sale by Sept; Shipping House, MTI to be hived offAs part of the strategic-sale process, the government is hiving off Shipping House and the training institute in Pune and some other non-co...
Maharashtra government holds key to Shipping Corporation of India privatisationSCI's privatisation is planned as a two-step process, which will involve the demerger of the non-core assets of the company including its c...