Page 12 - Container Corp News Today

Laminated Corrugated Sheets Market Research Report Offers Insights Into Market Share, Revenue, And Forecast Trends The report on the global Laminated

Madhusudan Kela On Covid, Yield Scare, PSU And New-Age Businesses May 10 2021, 9:23 AM May 10 2021, 7:50 AM May 10 2021, 9:23 AM Two factors are likely to contribute to a rise in inflation that could ultimately hurt markets, according to veteran fund manager and investment adviser Madhusudan Kela. Some of the world’s biggest economies are faring much better as they have managed to contain the pandemic because of lockdowns and a higher vaccination rate. And the system is flushed with liquid...

“And therefore the possibility of an earnings downgrade as we move forward is quite high. Some of the banks like HDFC Bank and ICICI have already made some provisions for the second Covid wave and we expect more will downgrade their earnings if we fail to contain the pandemic quickly,” he said. Cuts in earnings expectations make the markets look expensively valued. Analysts had justified steep valuations of shares of several companies on the back of cheerful earnings estimates. If expectati...

India’s Top Shipping Company Set to Kick Off Privatization Push At least five maritime operators are in talks with the Indian government to buy a majority stake in the country’s biggest shipping company, which could be among the first public entities to be sold in the country’s biggest ever privatization drive. The sale of the state-run Shipping Corp. of India, which controls up to a quarter of the country’s waterborne tonnage, is seen as a test case for bigger privatizations down the r...

(March 10): Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading. Government-owned Indian Railways has moved empty boxes to inland depots like Delhi from seaports for free. South Korea has deployed an extra nine vessels on the Trans-Pacific route to help local manufacturers, while China’s state-owned shipyard, Cosco Shipping Heavy Industry, has converted at least one freshly built paper-and-pulp carri...

Exporters are taking unusual steps to ease container shortage SECTIONS Exporters are taking unusual steps to ease container shortageBy Ann Koh and Rajesh Kumar Singh, Bloomberg Last Updated: Mar 10, 2021, 08:03 AM IST Share Synopsis Among other things, Container Corp is moving containers to neighbouring countries such as Sri Lanka and Bangladesh to help ease the shortage. Typically the company would only move the boxes to facilitate domestic shipments. That has coincided with a turnaround in In...

By Ann Koh and Rajesh Kumar Singh (Bloomberg) — Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading. Government-owned Indian Railways has moved empty boxes to inland depots like Delhi from seaports for free. South Korea has deployed an extra nine vessels on the Trans-Pacific route to help local manufacturers while China’s state-owned shipyard, Cosco Shipping Heavy Industry, has converted at le...

Got spring fever? Layers of frozen snow still cover the ground, but come the spring thaw, three developers could break ground on four new industrial facilities that collectively total 460,000 square feet. The city of Janesville’s economic development office announced it plans to take three tax-incentive agreements to the city council Monday. One of the deals would help Milwaukee developer Zilber Property Group build on speculation a pair of 178,000-square-foot industrial buildings on 24 ac...

Stock of Container Corporation of India hit a 52-week high today after brokerage Jefferies raised its target price to Rs 700 per share. Container Corporation of India share rose to a fresh high of Rs 643.9, gaining 11.3% against previous close of Rs 578.

Photo: Shirish Nadkarni Great Eastern Shipping Co and the London-based Foresight Group are among the leading names that have put in bids to buy national carrier Shipping Corporation of India (SCI), which has been put up for sale by the Indian government. India’s Cabinet had, in November 2019, given an in-principle approval for the strategic divestment of its entire 63.75% equity stake in SCI, and also its shareholding in rail-borne cargo carrier, Container ...