What to Watch. Dredging Corp: Stake-sale and staff protest

Updated - January 09, 2018 at 04:34 AM.

Shares of Dredging Corporation of India will remain in focus, as the company’s shore-based executives and non-executives at Visakhapatnam, went on mass leave on Tuesday to protest the proposed stake-sale by the government.

According to reports, the Centre is planning to divest its entire stake in Dredging Corporation. However, the operations of dredgers at various projects are going on smoothly and there is no disruption, it said in a statement to the bourses.

Published on November 21, 2017 15:25