Shares of Shipping Corporation of India Ltd. surged to their highest in a decade on receiving multiple expressions of interests for its proposed privatisation, says an article published in Bloomberg Quint.
Secretary’s TweetThe secretary at the Department of Investment and Public Asset Management, in a post on Twitter, said the transaction will now move to the second stage.
Government’s planThe government is planning to sell its entire 63.75% stake, or 29.69 crore shares, along with the...
https://mfame.guru/shares-of-shipping-corp-surges-to-the-highest-in-a-decade/