Page 13 - Container Corp News Today

Read more about Shipping Corp surges 19% as govt gets multiple bids for privatisation on Business Standard. DIPAM, in December, had invited EoI for strategic disinvestment of its entire stake of 63.75 per cent in Shipping Corp of India

Shipping Corporation of India share hit a new 52 week high today after the government said it received multiple bids for privatisation of the PSU. The small cap stock touched a fresh high of Rs 123.55, rising 19.14% against previous close of Rs 103.75 on

London-based shipping firm Foresight Group is among the multiple bidders who have put in preliminary bids for buying the governments entire stake in Shipping Corporation of India, sources said.

Read more about Govt gets multiple bids for Shipping Corporation of India privatisation on Business Standard. The last date for submitting the bids was February 13, which was later extended to March 1

The sale of stakes in Air India, Bharat Petroleum Corp., Shipping Corporation of India, BEML and Container Corp. of India, among others, will pick up pace from March. The disinvestment target for FY22 has been set at Rs 1.75 lakh crore.

The government plans to invite bids to privatise six to 10 state-run airports in the first quarter of the next fiscal, with plans for a “package” offer that clubs profitable and non-profitable airports to realise optimum value. “AAI is examining giving non-profitable airport and profit making airports as a package. We could see six to 10 airports being taken up. The airports will be given to the private sector for 50 years,” Pradeep Kharola, secretary, ministry of civil aviation said on...

Here are a few stocks which may buzz the most in todays trade.

Time to sell the small stuff February 04, 2021 On its last legs: Scooters India’s product line-up has dwindled to only 3-wheelers   -  THE HINDU ARCHIVES On its last legs: Scooters India’s product line-up has dwindled to only 3-wheelers   -  THE HINDU ARCHIVES× Scores of low-profile public sector companies on the block are the products of a different era The headline ‘Scooters India to be sold’ has always brought back memories. As a young reporter back in 1985, Id spotted the headl...

Budget 2021 speech highlights: Full list of FM Sitharamans key announcements Union Budget 2021 highights: A new centrally sponsored scheme, PM Atma Nirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64,180 crore over six years BusinessToday.In | February 1, 2021 | Updated 17:23 IST FM Sitharamans Budget 2021 speech highlights Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. She stated that her Budget 2021 rests on six key...

and moderation in revenue during this fiscal year. The finance minister provided a major boost to healthcare and infrastructure in Union Budget 2021. However, there was no change in Income Tax slabs this year. In her speech, the finance minister mentioned that this years budget proposals rest on six pillars — health and well-being, physical, financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation and R and D and Minimum Gov...