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Business News: Budget RE Discounts Proceeds from LIC IPO

Budget RE Discounts Proceeds from LIC IPO : Rashtra News #Budget #Discounts #Proceeds #LIC #IPO The Centre has not accounted for proceeds from the initial public offering (IPO) of Life Insurance Corporation (LIC) in its revised budget estimates. Officials said though the attempt is to complete the listing in this financial year, the process could ....

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SCI stocks: Buy Shipping Corporation of India, target price Rs 185: ICICI Direct

Shipping Corporation of India Ltd., incorporated in the year 1950, is a Mid Cap company (having a market cap of Rs 8149.15 Crore) operating in Shipping sector. ....

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Vodafone idea share price: Stocks in the news: Cipla, Vodafone Idea, Titan, Apollo Tyres and SBI Life

Adani Transmission, Cipla, GAIL, Gujarat Gas, Honeywell Automation, Adani Power, REC, Aditya Capital, Ipca Laps, Tata Chemicals and Escorts will announce quarterly earnings today. ....

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Race for SCI: GE Shipping, Watsa's Fairfax, Vedanta in fray

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NEW DELHI: The stage is set for a battle for Shipping Corporation of India’s (SCI’s) privatisation, with the government receiving multiple bids, including from Great Eastern (GE) Shipping, a consortium comprising Prem Watsa’s Fairfax and the UAE’s Safe Seas and Anil Agarwal’s Vedanta group.
A surprise entrant is a consortium led by Foresight Group, comprising Belgium listed shipping company Exmar and Dubai-based shipping company GMS DMCC. Foresight is headed by Ravi Mehrotra, who owns the footwear brand Pavers England, and is expected to bid aggressively, sources told TOI.
Seven Islands, a Mumbai-based logistics company was another bidder, said sources. “Multiple expressions of interest have been received for privatisation of SCI. ....

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