Foresight, Exmar and GMS in the mix for Shipping Corp of India buy-out

Multiple Indian media outlets are reporting a host of local and overseas companies expressing an interest in taking over state-run Shipping Corporation of India (SCI), something that has seen the flagship carrier’s share price leap today. Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said the government has received multiple bids …

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