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Ravi Ruia resigns from Essar Shipping Board

 Essar Shipping Ports & Logistics on Thursday said Ravi Ruia, who is also the Vice-Chairman of Essar Group, has resigned from the company's board with immediate effect due to other commitments. "The......

Shipping cos gain as Baltic Dry index touches 10-year high

 Meanwhile, with China switching its trading partners due to geo-political iss­ues, increased trade with South Africa for bauxite and with the US for coal is also auguring well for vessels with......

Nirav Modi has been dethroned!

 If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing......

Another coronavirus fallout: India's shipping business

 'The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,' Anil Devli, chief executive officer (CEO)......

Second wave of NPAs? SBI, BoB, YES Bank could be hit

 YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks, Jefferies says, are most prune to “high risk” emanating from ADAG, Cox & Kings, CG Power, DHFL and......

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