Leading stock exchanges BSE and NSE have imposed a fine of Rs 5.42 lakh each on state-owned Shipping Corporation of India (SCI) for non-compliance with the Securities and Exchange Board of India (Sebi) listing rules.The Navratna PSU informed about the development through a filing with the stock exchanges on Saturday. It said the action will […]
Indian benchmark indices closed higher for the second straight session on Monday, supported by broad buying across sectors, with financials, auto and consumer stocks leading the gains. The Nifty settled at 25,867.30, up 173.60 points, or 0.68%, while the BSE Sensex rose 485.35 points, or 0.58%, to end at 84,065.75.Meanwhile, the volatility gauge India VIX […]
The age-old saying ‘He who commands the sea commands all’ still holds great significance even today as 90-95% of world trade passes through ocean waves. For India, the shipping sector is now at a key inflection point, poised for robust growth in the coming years, transitioning from a cyclical story to a long-term structural opportunity.The […]
Shipping Corporation of India (SCI) on Friday declared a dividend of Rs 3 per share for FY26 and set November 19 as the record date. The interim dividend will be paid within 30 days from the date of its determination.The announcement was made along with the company’s quarterly results in September, where the company reported […]