Equity indices closed with decent gains on Tuesday. The Nifty managed to close above the crucial 13,900 mark. Buying was seen in bank, financial and IT stocks while metal, realty and auto shares corrected. Positive global cues supported the rally.
As per provisional closing data, the barometer index, the S&P BSE Sensex, rallied 246.61 points or 0.52% to 47,600.75. The Nifty 50 index added 54.9 points or 0.4% to 13,928.25.
The Sensex hit a fresh record high of 47,714.55 while the Nifty scaled an all-time high of 13,967.60 in morning trade. Investor sentiment was upbeat after President Trump signed a $2.3 trillion pandemic aid while the U. K. and the E. U. struck a Brexit trade deal last week.
Great Eastern Shipping Company delivers ‘Jag Lateef’ to buyers
Great Eastern Shipping Company (G E Shipping) delivered its 2000 built Suezmax Crude Carrier Jag Lateef to the buyers. The vessel was contracted for sale in November 2020.
The Company’s current fleet stands at 46 vessels, comprising 33 tankers (10 crude carriers, 18 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.24 years aggregating 3.66 mn dwt.
The company has contracted to buy a Secondhand Capesize Bulk Carrier which is expected to be delivered in H2 FY 2020-21. The company has contracted to sell its oldest Suezmax Crude Carrier Jag Laadki which is expected to be delivered to the buyers in H2 FY2020-21. The company has also contracted to sell its 2006 built Supramax Bulk Carrier Jag Roopa which is expected to be delivered to the buyers in H2 FY2020-21.
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Updated Dec 22, 2020 | 10:53 IST
Union government s Department of Investment and Public Asset Management (DIPAM) has appointed RBSA Advisors as the transaction advisor for the privatisation of SCI. Govt opens bids to sell majority stake in Shipping Corp of India
New Delhi: The government on Tuesday invited bids to sell its 63.75% stake in Shipping Corporation of India (SCI) to a private investor. Note that the key asset sale was delayed due to the coronavirus pandemic. In a statement on Tuesday, the government said the deadline for submitting initial bids would be February 13.
Domestic, global players including some global funds have expressed interest for the Shipping Corporation of India. ET Now learned earlier that domestic companies like Essar Shipping, GE Shipping, Adani Group, Vedanta may participate in the bidding process.
Great Eastern Shipping Company to sell vessel Jag Roopa in H2 FY21 | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.