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SANMAR SHIPPING
Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...- 3 Indian-flagged oil tankers transit through Strait of HormuzThree Indian oil tankers, carrying over 8.6 lakh tonnes of cargo and 94 crew members, successfully navigated the Strait of Hormuz en route ...
- Amid West Asia crisis, Centre says 'no toll paid by India to Iran for crossing Strait of Hormuz'India's government has confirmed that Indian ships have not paid any tolls to Iran or other groups for passage through the Strait of Hormuz...
- India denies cash, crypto payments to Iran for Hormuz passageIndia has denied making any payments, in cash or cryptocurrency, to Iran for safe passage of its vessels through the Strait of Hormuz. This...
- India summons Iran envoy over incident of firing at ships in Strait of HormuzIndia summoned the Iranian envoy after an incident in the Strait of Hormuz. Two Indian vessels had to turn back following reports of gunfir...
- Cabinet approves ₹12,980 crore sovereign-backed maritime insurance poolThe Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, ...
- Greek, Indian tankers U-turn before Hormuz amid reopening doubtSeveral oil tankers have turned back in the Persian Gulf. This follows Iran's mixed signals on keeping the Strait of Hormuz open. Shipowner...
- Significance of India-Egypt strategic partnership in stabilizing volatile regionIndia and Egypt are deepening their strategic partnership. This collaboration is crucial for regional stability amidst ongoing conflicts. B...
- Higher input costs likely to erode chemical companies' profitsRising US-Iran tensions are impacting Indian chemical makers. Higher crude oil prices are increasing input costs for essential materials li...
- Fairfax India to buy 10% more in Bangalore airportFairfax India Holdings Corporation is increasing its stake in Bangalore International Airport Ltd (BIAL) to 74% by buying an additional 10%...
- ADIA to buy 20% in IIFL Home Finance, largest such investment in the spaceThe deal will unlock value in IIFL Finance, which has a ₹52,000 crore loan book and market capitalisation of ₹12,500 crore. IIFL Home Finan...
- Delisted Chemplast Sanmar files papers for Rs 3,500 crore IPOThe company, which was delisted about a decade ago, is now coming back to the stock market and will likely file the draft Red herring Prosp...
- India Inc's investment in foreign units falls 39% in SeptemberDomestic companies had committed USD 4.37 billion as outward foreign direct investment in the year-ago period, September 2016.
- Jet Airways brings back former VP, Finance M Shivkumarefore his first stint at Jet, Shivkumar was finance director at the GVK-led Mumbai International Airport Ltd and before that was vice presi...
- Egyptian PM praises Indian manufacturing facilitiesThe Prime Minister toured the premises, and received a briefing on the nature of the project, its contribution to the Egyptian economy, and...
- Kohlberg Kravis Roberts ready to invest in Chennai-based Archean ChemicalsKKR India CEO and Country Head Sanjay Nayar declined to comment. Archean Group did not reply to specific queries on the subject.
- Dynamatic Technologies buys German auto component maker Eisenwerke ErlaDynamatic, acquired the company from Chennai-based Sanmar Group , who had bought over Eisenwerke in January 2007.
- Ramachandran quits ICL board, N Srinivasan emerges as sole promoteN Ramachandran of ICL quits board, while N Srinivasan buys out brother's stake and emerges sole promoter of the company.
- TCI Sanmar Chemicals achieve fin closure for its $ 868 mn Egypt projectSanmar group has said TCI Sanmar Chemicals LLC achieved financial closure on March 30 for its $ 868 million VCM\PVC project at Port Said in...
- Sanmar eyes top global spot in core chemicalsChennai-based Sanmar group is flexing its muscle to become one of the top global players in the core business of chemicals ( caustic soda, ...
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