ABG Shipyard – Boom to Doom..
The conversion of ABG Shipyard’s preference shares into equity by ICICI Bank yesterday sets the stage for takeover of company by the lenders. The fate of the company is similar…
Industry Analysis – Shipping Industry
Bankruptcy of Hanjin Shipping line, among the top ten shippers globally, about a month back reflects the continued stress in the shipping industry. However, Indian shipping companies appears to have turned…