Shipping Corporation of India, India's largest shipping services firm, plans to raise $500-600 million through external commercial borrowings in FY12 to fund expansion, a top executive told reporters late on
The issue will hit the Street by mid-March, Sumit Bose, secretary at department of disinvestments told Financial Chronicle.
Shipping Corporation of India (SCI) today reported a decline of 53 per cent in its net profit at Rs 87 crore for the third quarter ended December 31, 2009.
Government-owned Shipping Corporation of India (SCI), plans to acquire three new container ships in the New Year, and has set aside$200-225 million to fund these purchases, a top company official
Shipping Corporation of India today said its net profit declined by 87.74 per cent to Rs 33.7 crore.
The companies expect conditions to remain extremely tight for sometime
Reliance Natural Resources Ltd has joined the race to hire the LNG terminal.
Shipping Corporation of India is in negotiations with the World Bank and ADB
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