Port of Antwerp International (PAI) has invested Rs. 175 crore in Mumbai-based Essar Ports Ltd. The investor port has acquired Global Depository Shares constituting a 4% stake in the diluted equity share capital of Essar Ports, at Rs. 100 apiece. The partnership is aimed at technical assistance for port planning, process improvement and quality and productivity improvement.
Recently, in a landmark judgment by the Supreme Court in the case of Bank of Baroda v. Kotak Mahindra Bank, the Apex Court has determined over the limitation period applicable for executing a forei More
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