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RBI restricts FIIs to buy shares of 2 cos as trigger limit met

Last Updated: Tuesday, October 08, 2013, 21:11

The Reserve Bank Tuesday restricted foreign institutional investors (FIIs) to purchase shares in Great Eastern Shipping Company and Kajaria Ceramics as the foreign equity shareholding have reached the trigger limit of 24 percent.

German ship operator: Pirates kidnap 5 crew

Last Updated: Tuesday, April 30, 2013, 17:48

Sunship Schiffahrtskontor KG says the captives, all Polish and Russian citizens, were seized Friday from the container ship City of Xiamen about 160 kms southwest of Bonnie Island, Nigeria.

CCEA approves to "dissolve" Indo-Iranian shipping company

Last Updated: Tuesday, April 02, 2013, 20:53

The joint venture between state-run Shipping Corporation and an Iranian company has been "dissolved" due to tightening of western sanctions, which impacted the company's functioning.

Death of six sailors: Two directors of Mumbai shipping firm held

Last Updated: Wednesday, March 06, 2013, 18:08

Four months after the death of six sailors of an oil tanker, two directors of the Mumbai-based shipping company have been arrested in Pune.

Great Eastern Shipping Q3 net up over two-fold at Rs 192 cr

Last Updated: Thursday, February 07, 2013, 22:08

The Great Eastern Shipping Company Thursday reported an over two-fold jump in consolidated net profit at Rs 192 crore for the quarter ended December 31, 2012, largely on forex gains and decline in interest costs.

I-T searches at premises of shipping company

Last Updated: Thursday, June 16, 2011, 00:42

I-T officials today carried out searches at the premises of a shipping company in Gandhidham region, official sources said here.