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shipindia.com. The Shipping Corporation of India (SCI) is a public sector undertaking that operates and manages vessels servicing both national and international lines. It is under the ownership of the Government of India and under administrative control of the Ministry of Ports, Shipping and Waterways, with its headquarters in Mumbai. [5]
Sabyasachi Hajara (born 3 December 1952 [1]) is an Indian business executive. He was the Chairman and Managing Director of Shipping Corporation of India (SCI), the largest Indian shipping company, [2][3] Mr. Hajara is the current Advisor to the Board – Elektrans Global. An influential figure in worldwide shipping industry, he was ranked among ...
The Swadeshi Steam Navigation Company (SSNC) was one of the first indigenous Indian shipping companies set up during the Indian independence movement. It was started in 1906 [1] by V. O. Chidambaram Pillai to compete against the monopoly of the British India Steam Navigation Company (BISNC). [2] It sailed ships between Tuticorin and Colombo ...
The big shareholder groups in The Shipping Corporation of India Limited (NSE:SCI) have power over the company...
A demerger is a form of corporate restructuring in which the entity's business operations are segregated into one or more components. [1] It is the converse of a merger or acquisition. A demerger can take place through a spin-off by distributed or transferring the shares in a subsidiary holding the business to company shareholders carrying out ...
On 19 December 1914, the RMS Empress of India was reported sold to Scindia of Gwalior (also known as the Maharajah of Gwalior). [1] The former Empress was re-fitted as a hospital ship for Indian troops. On 19 January 1915, the ship was renamed Loyalty. In March 1919, she was sold to the newly formed Scindia Steam Navigation Company Ltd; on 5 ...
Total equity. ₹−478.93 crore (US$−57 million) (2023) [2] Owner. Government of India. Number of employees. 1473 (March 2019) Website. www.hslvizag.in. Hindustan Shipyard Limited (HSL) is a shipyard located in Visakhapatnam on the east coast of India.
The National Shipping Board is an Advisory Body on matters related to shipping and shipping infrastructure (ports). As India gained its independence in 1947 shipping had become very important for the growth of India as the Shipping Laws were created by old British law it had to be revised and in 1958 when the Merchant Shipping Law was consolidated and the opportunity was taken to provide for ...