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SCI FINANCIAL
Shipping Corporation of India, NMDC Steel selloff to get fresh push after electionsThe government plans to disinvest in Shipping Corporation of India (SCI) and NMDC Steel after the general election. SCILAL, a demerged enti...24 May, 2024, 12.17 AM IST- 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...05 Oct, 2023, 01.30 PM IST
- 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 (...11 Jun, 2023, 06.56 PM IST
- 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 ...18 May, 2023, 01.08 AM IST
- Govt to invite financial bids for Shipping Corp in May -sourcesSCI - which owns and operates bulk carriers and crude oil tankers, among others - had to spin off its non-core assets before the government...11 Apr, 2023, 10.11 AM IST
- 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 ...03 Jan, 2023, 12.09 AM IST
- 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...08 May, 2022, 03.00 PM IST
- January 18 deadline for SCI financial bidsA formal request for proposal and draft share purchase agreement along with the bid deadlines was communicated to prospective bidders for t...22 Nov, 2021, 08.16 AM IST
- Shipping Corp fails to take MoU advantageShipping Corporation of India has been struggling to take advantage of the pacts and its financials continue to be under stress.12 Jun, 2013, 04.00 AM IST
- Parliamentary panel fears Shipping Corporation of India may become another Air IndiaSCI, India’s largest shipping company by fleet size, slipped into the red in the previous fiscal.08 May, 2013, 08.33 AM IST
- Shipping Corp may go Air India way: Par panelShipping Corporation of India had an ambitious target to acquire 62 vessels during the 11th Plan of which only 45 could be ordered.05 May, 2013, 12.39 PM IST
- Lack of foresight in vessel plan caused SCI huge loss: Parliamentary PanelGovt also admitted that its revenue generation has been severely affected at present and primary reason was prevailing depressed market.16 Dec, 2012, 02.53 PM IST
- Shipping Corporation of India loses 15%; investors don't expect high dividendSCI has fallen out of favour with even those investors who held on to the stock in past years despite its listless performance07 Oct, 2011, 02.55 AM IST
- SCI tanks 10 pc on bourses; stock hits 52-week lowShares of shipping company SCI today settled sharply lower by over 9 per cent after the Shipping Ministry raised a red flag over the compan...03 Oct, 2011, 05.35 PM IST
- Shipping Corporation of India on brink of financial collapse, Shipping Ministry raises alarmWarning that an Air India-like situation is being replicated at SCI, the Shipping Ministry has raised red flag over the state-run company's...30 Sep, 2011, 07.08 PM IST
- SCI to buy two bulk carriers for Rs 700 crShipping Corporation of India (SCI) will acquire two capsize bulk carriers with an investment of Rs 700 crore in the first-ever shipyard re...21 Jul, 2006, 01.25 AM IST
- Govt forced to defer SCI, HCL sell-offClose on the heels of halting the disinvestment in oil PSUs, the sell-off process has suffered another setback with the government deciding...17 Oct, 2003, 07.47 PM IST
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