Shipping
South Korea to merge HHI and Daewoo in $2 bn share deal
05 Feb 2019
Hyundai will acquire a 55.7 per cent stake currently owned by state-funded Korea Development Bank (KDB) to create a global leader controlling over 20 per cent of the global shipbuilding market
NCLT orders liquidation of Bharti Defence, dumps Edelweiss game plan
17 Jan 2019
The decision leaves more than 850 employees and construction of two dozen defence vessels stranded and brings about Rs11,373-crore loss to lenders
PM Modi dedicates country’s first multimodal terminal at Varanasi
13 Nov 2018
He also received the country’s first container consignment to be sent on an inland waterways vessel and dedicated/inaugurated or laid the foundation stone of projects worth over Rs2400 crore in Uttar Pradesh
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