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SCI sails on divestment hopes.

Asia Africa Intelligence Wire

| January 31, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

Shipping Corporation of India (SCI) attracted market attention on Thursday. The market talk is that the Government could divest its stake in SCI in the current fiscal.

Dealers said after BPCL and HPCL, the disinvestment of SCI looks possible in the current fiscal itself. Besides, market expects that there would not be any hurdle when the Government sells its stake in SCI to strategic partner. Dealers said strategic partner …

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