SHIPPING CORPORATION OF INDIA

sci:-mrs-joshi-selected-for-cmd-post

SCI: Mrs Joshi selected for CMD post

The public-sector headhunter (PESB) on Friday selected Mrs Harjeet Kaur Joshi  for the post of Chairman & Managing Director, Shipping Corporation of India (SCI). Presently, she is working as Director (Finance) SCI.

Subject to requisite clearances and ACC approval she will become CMD of SCI for a period ending 31 May 2022. 

10 Oct 2019
many-profit-making-psus-may-be-sold-out-soon

Many profit making PSUs may be sold out soon

This will be for the first time when government completely exits from profit-making Central PSUs. The plan is to bring down government equity to zero in these three companies in phased manner. Though it was indicated in the budget that equity in PSUs would be brought down to below 51 per cent.

Reportedly, the Centre is all set to move a cabinet note for sale of its stake in major PSUs that included BPCL, CONCOR and Shipping Corporation of India (SCI).

At present, the government holds 63.75% equity in SCI, 54.8% in CONCOR and 53.29% stake in BPCL.

The government increased its disinvestment target to over Rs 1 lakh crore for the current financial year in the last budget.

It is also proposing to sell its 75% stake in THDC to NTPC, while 100 percent of its stake in North Eastern Electric Power Corporation Limited (NEEPCO) to NHPC.

 

26 Sep 2019
sci:-mrs-joshi-selected-for-cmd-post

SCI: Mrs Joshi selected for CMD post

By IndianMandarins 10 Oct 2019

The public-sector headhunter (PESB) on Friday selected Mrs Harjeet Kaur Joshi  for the post of Chairman & Managing Director, Shipping Corporation of India (SCI). Presently, she is working as Director (Finance) SCI.

Subject to requisite clearances and ACC approval she will become CMD of SCI for a period ending 31 May 2022. 

many-profit-making-psus-may-be-sold-out-soon

Many profit making PSUs may be sold out soon

By IndianMandarins 26 Sep 2019

This will be for the first time when government completely exits from profit-making Central PSUs. The plan is to bring down government equity to zero in these three companies in phased manner. Though it was indicated in the budget that equity in PSUs would be brought down to below 51 per cent.

Reportedly, the Centre is all set to move a cabinet note for sale of its stake in major PSUs that included BPCL, CONCOR and Shipping Corporation of India (SCI).

At present, the government holds 63.75% equity in SCI, 54.8% in CONCOR and 53.29% stake in BPCL.

The government increased its disinvestment target to over Rs 1 lakh crore for the current financial year in the last budget.

It is also proposing to sell its 75% stake in THDC to NTPC, while 100 percent of its stake in North Eastern Electric Power Corporation Limited (NEEPCO) to NHPC.

 

sci:-ubale-selected-for-director-post

SCI: Ubale selected for Director post

By IndianMandarins 26 Jul 2019

The public-sector head-hunter (PESB) on Friday selected Atul Ubale for the post of Director (BC & T), Shipping Corporation of India. Presently, he is General Manager, Shipping Corporation of India.

Altogether Five candidates had appeared before the selection board for interview.

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.

Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.