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SAGARMALA FINANCE CORPORATION
Sagarmala Finance plans India's first blue bond issueSagarmala Finance Corporation is set to launch India's first blue bonds this fiscal year. The state-owned lender aims to raise up to ₹1,000...
Rs 15,000 crore planned for VOC Port’s outer harbour, aiming for South India hubVO Chidambaranar Port plans a massive Rs 15,000 crore Outer Harbour project. This initiative aims to significantly increase cargo handling ...
Bharat Container Shipping line takes formShipping Corporation of India and other entities have formed Bharat Container Shipping Line (BCSL) to boost India's container trade. This i...
State-run cos to launch container shipping lineIn a significant push for self-reliance, Indian state-owned enterprises are collaborating to establish a new container shipping line. This ...
Sagarmala Finance Corporation to start lending soon: MDThe total authorized capital of SMFCL is Rs 1,000 crore and its paid-up share capital is Rs.1,000 crore. Total equity investment as on Marc...
Need to ramp up lending for maritime sector: Parliamentary committeeA parliamentary committee has urged the government to quickly start lending through the Sagarmala Finance Corporation. This aims to boost I...
BEML, Sagarmala Finance Corporation ink pact to boost India's maritime manufacturing sectorSMFCL, formerly known as Sagarmala Development Company Limited, is the country's first maritime sector-specific non-banking financial compa...
Sagarmala Finance Corporation to raise ₹8,000 crore this fiscalSagarmala Finance Corporation Ltd will raise up to ₹8,000 crore this fiscal year. The company's board approved a ₹25,000 crore borrowing li...
Sagarmala Finance to raise ₹8,000 crore to boost maritime infrastructureSagarmala Finance Corporation Limited plans to raise Rs 8,000 crore this financial year. Funds will be sourced from banks, financial instit...
Industry pushes for long-term maritime infra financing optionsThe growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with bank...
Swan Defence signs Rs 4,250 crore pact with Gujarat Maritime BoardSwan Defence and Heavy Industries has signed a Rs 4,250 crore agreement with Gujarat Maritime Board. The goal is to modernize shipyards and...
India’s first maritime NBFC launchedIndia has launched Sagarmala Finance Corporation Limited (SMFCL), its first maritime sector Non-Banking Financial Company. Registered with ...
Sarbananda Sonowal inaugurates Sagarmala Finance Corporation Limited, India's first maritime non-banking financial companyUnion Minister Sarbananda Sonowal inaugurated Sagarmala Finance Corporation Limited (SMFCL), India's first maritime sector NBFC. Registered...
Parliamentary panel to scrutinise performance of insurance sector PSUs, solar corporationsA parliamentary panel will scrutinise the performance of insurance sector PSUs, solar power corporations, and the National Scheduled Castes...
Centre moots NBFC under Sagarmala to tide over shipping woesThe shipping ministry planned to launch a non-banking finance company under the Sagarmala initiative to address the financing needs of the ...
96 CPSEs incorporated since 2014The list includes Air India Assets Holding Ltd (AIAHL), set up in 2018 as a precursor to Air India's sale to hold non-core assets and liabi...
Budget stresses on massive infra investments to become USD 5 trn economySitharaman said infrastructure financing needs have been estimated at around Rs 20 lakh crore (USD 300 billion) a year.
Public-private partnership to be unleashed to develop rail infrastructure: FMGiven the expenditure of Rs 1.4 to 1.6 lakh crore per year, it could take decades to complete the projects.
Investment in 17 entities under shipping ministry hiked to Rs 5,778 cr for FY'20Blue economy refers to sustainable use of marine resources for economic growth, improved livelihoods and jobs while preserving the health o...
Need2know: Bank reforms coming, but expect a spike in service taxWith the December quarter earnings season coming to a close, the stock market could take cues from domestic macro data even as global facto...