Tata Motors Group global wholesales, including Jaguar Land Rover, fell 19.91% to 81,957 units in November 2013 over November 2012. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range declined 36.54% to 31,254 units in November 2013 over November 2012.
Global wholesales of all passenger vehicles slipped 4.49% to 50,703 units in November 2013 over in November 2012. Global wholesales of Tata Motors' passenger vehicles dropped 41.71% to 10,747 units in November 2013 over November 2012.
Global wholesales for Jaguar Land Rover rose 15.31% to 39,956 vehicles in November 2013 over November 2012. Jaguar wholesales rose 7.87% to 6,753 vehicles, while Land Rover wholesales rose 16.95% to 33,203 vehicles in November 2013 over November 2012.
United Breweries after market hours on Friday, 13 December 2013, clarified with regard to a media news item titled "Heineken International buys United Breweries Ltd shares for Rs 275 crore". The company said that it does not have any official communication/intimation from the promoter companies as of now and hence unable to comment at this stage. It further added that as and when the company receives official communication in this regard, it would intimate the exchange accordingly about the details.
Essar Ports announced after market hours on Friday, 13 December 2013, that Essar Vizag Terminals, a wholly-owned subsidiary of the company, has entered into a concession agreement with Visakhapatnam Port Trust for development and operations of three iron ore berths at Visakhapatnam Port on BOT basis over a Period of 30 years. These three berths (two outer harbor berths and one inner harbor berth) will have a combined capacity of 23 Million Metric Tons per Annum (MMTPA).
The concession agreement was signed at a ceremony in Chennai in the presence of Shri. G K Vasan, the Minister of Shipping who was the Chief Guest, Dr. Vishwapati Trivedi, Secretary, Ministry of Shipping and Shri. R P S Kahlon, Chairman, Visakhapatnam Port Trust.
The project will be developed at a cost of Rs 1200 crore over a period of three years. Essar Ports will take over the two outer harbor berths soon and the operation and up gradation of the terminal will happen simultaneously. Vishakhapatnam port handled 12.3 million tons of iron ore during FY13 and this traffic is readily available for these berths from commencement.
Commenting on this Rajiv Agarwal Managing Director, Essar Ports said: "We will develop the terminal to create one of the most competitive, modernized, world class facilities. This project will signi?cantly increase our third party cargo handling capacity and also boost our presence in the east coast. Iron ore export traffic at Vizag will increase substantially due to the competitiveness of this terminal which will facilitate industrial growth in the region."
This project will increase Essar Ports' total capacity for iron ore export on the east coast to 39 MMTPA with 4 highly mechanized iron ore berths (three in Visakhapatnam Port and one in Paradip Port).
Clariant Chemicals (India) after market hours on Friday, 13 December 2013 said that its board of directors will meet on Monday, 16 December 2013, inter alia, to consider the proposal for the sale of the business of leather services pursuant to provisions of Section 293(1)(a) of the Companies Act, 1956 and to consider the issue of notice of postal ballot to the shareholders under Section 192A(2) of the Companies Act, 1956 and Section 110 of the Companies Act, 2013 and for acquisition of Masterbatches business.
GMR Infrastructure after market hours on Friday, 13 December 2013 issued a clarification to the exchanges with regard to a media news item. The company said the 'Right of First Refusal' (ROFR) process in respect of the sale of stake is in progress and hence the deal is not concluded. GMR added that it will notify the stock exchanges immediately after the conclusion of the deal in all respects.
Shipping Corporation Of India after market hours on Friday, 13 December 2013 said it has sold its crude oil tanker "m.t. Motilal Nehru" of 94,540 DWT capacity and delivered to its buyer on Thursday, 12 December 2013.
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