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SHIPPING/PORTS: Great Offshore: ABG may revise offer next week
Waiting for Bharati Shipyard to make a move now. Mumbai, June 25 ABG Shipyard Ltd will revise its offer price for Great Offshore after Bharati Shipyard announces its offer price next week, said an ABG ...

PERFORMANCE: Flat growth in shipping tonnage so far this year
Tight access to funds delays acquisitions. Hyderabad, June 25 Facing tighter access to funds and a global freight market that is yet to firm up significantly, Indian shipping companies have delayed some of their expansion plans. This has ...

SHIPPING/PORTS: Visakhapatnam Container Terminal set to touch 1 lakh TEUs mark
The Visakhapatnam Container Terminal Pvt Ltd (VCTPL) is set to touch, or cross, the one-lakh TEU mark by the end of the current financial year, according to Capt Sriram Ravi Chander, Chief ...

TRADE & LABOUR UNIONS: AI management, unions form panel to cut costs
Mumbai, June 25 Air India’s management and employee unions have jointly formed a ‘turnaround committee’ which will identify areas to ensure savings and generate ...

ROADWAYS: Land acquisition for NH to be expedited
The Kerala Government has initiated steps to expedite land acquisition for the development of National Highways in ...

SHIPPING/PORTS: Pendency problem hits JNPT again
Kolkata, June 25 The pendency problem has hit the Jawaharlal Nehru Port Trust (JNPT) again — the number of import containers awaiting evacuation being more 14,000 TEUs and another 1,000 TEUs awaiting Customs ...

ROADWAYS: Highway developers seek easier funds
Mumbai, June 25 Infrastructure companies involved in road building are banking on the Union Minister for Road Transport and Highways, Mr Kamal Nath’s proposal to set up a Road Finance Corporation (RFC) to fund ...

SHIPPING/PORTS: CSL delivers its 11th platform supply vessel
Kochi, June 25 The public sector Cochin Shipyard Ltd delivered a Platform Supply Vessel to an American based owner, on Thursday. This is the eleventh Platform Supply Vessel (PSV) being built at CSL and the third in the Rolls Royce UT755 ...





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Markets (June 25)
Nifty (at close)4,241.85 (-51.10)
US Dollar (Buy/Sell)48.60/61
Brent crude (a bbl) Rs3,272
Gold (a gram) Rs1,362
Silver (a kg) Rs23,395

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Pause before divesting

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Looking back
Jun. 14-Jun. 20
NHAI changes land acquisition norms for awarding projects



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