The bank's slippages in the June quarters stood at Rs 5,330 crore and the restructured book at Rs 14,000 crore, says Atul Agarwal, ED, IOB.
US-based ad tech startup AdPushup, creator of a patent-pending ad layout optimization platform, has secured an undisclosed amount of financing as ...
New Delhi is proposing importers sign 5-year contracts with local shipping firms in a move designed to shift freight worth billions of dollars to Indian flag carriers and help boost fleet companies like Shipping Corp of India , Mercator Ltd , Great Eastern Shipping Co and Essar Shipping
According to Atul Agarwal, softening of oil prices will be good for the industry. However, the deal will help only if Europe lifts its sanctions against insurance and banking facilities on shipping crude from Iran to India, he adds.
In an interview to CNBC-TV18, Atul Agarwal, Joint MD, Mercator Lines said, shipping continues to remain a challenge. The contribution from shipping, he said, is only 32%. He further said, the offshore division will perform better in the next year.
Mercator Lines is planning to launch an initial public offer (IPO) of coal division by year-end, said the company’s Joint MD Atul Agarwal in an interview to CNBC-TV18.