E-PaperOcean Sparkle News
New scheme for ship acquisition finally takes off
The so-called Indian-controlled tonnage scheme seeks to allow shipowners in India to acquire ships abroad, flag them in country of their convenience
4 min read7 Aug 2015Eredene Capital sells 6.8% stake in Ocean Sparkle
The company sold its share to Mauritius-based Infrastructure India Holdings Fund Llc for £8.2 million
1 min read13 Jun 2013Eredene appoints MAPE Advisory for Ocean Sparkle stake sale
Projected sale a part of Eredene’s strategy to realize all investments in India, return capital to shareholders
1 min read12 Mar 2013StanChart PE buys minority stake in Ocean Sparkle for `200 crore
Ocean Sparkle Ltd has the largest tug fleet in India and has international operations in Oman and Sri Lanka.
2 min read6 Dec 2012Standard Chartered PE arm invests `200 cr in Ocean Sparkle
Ocean Sparkle says it will use the money to fund capital expenditure and expansion plans
1 min read6 Dec 2012Ocean Sparkle plans JV to enter offshore vessel supply business
Ocean Sparkle plans JV to enter offshore vessel supply business
2 min read12 Feb 2012Ocean Sparkle shelves plan for TAG takeover
Ocean Sparkle shelves plan for TAG takeover
2 min read22 Jan 2012Restaurant chain BJN Group seeks PE route to sell stake
Restaurant chain BJN Group seeks PE route to sell stake
3 min read4 Nov 2010Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared