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18 October 2019 The on-line newspaper devoted to the world of transports 10:20 GMT+2



October 12, 1998

FDI ceiling in shipping may be raised to 100 per cent

Exim News Service

NEW DELHI, Oct. 11

THE Union government is seriously thinking of raising the ceiling on foreign direct investment (FDI) in shipping companies from the pre-sent 74 per cent to 100 per cent.

Saying that the ministry had accepted 15 of the 31 recommendations on the national shipping policy put forth by the Pinto Committee, Mr Thambi Durai, Union ......
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