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This allows SCI Bharat IFSC to avail all the benefits and facilities accorded to a unit in a special economic zone. 

Shipping Corporation Of India&#39;s Subsidiary Receives Approval For Establishment Of Unit In Gujarat SEZ

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Shares of the company sky rocketed on Thursday after Mint reported that the Union Ministry of Shipping has proposed a joint venture between the SCI and a public sector oil marketing company to manufacture very large oil tankers. 

&#39;No Firm Development&#39;: Shipping Corp Denies Reports Of Oil Tanker JV, Shares Race To Record High

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The Maharashtra cabinet&#39;s recent approval of a stamp duty exemption, valued at around ₹300 crore, has removed a significant hurdle for the divestment.

This Govt-Owned Stock Is Surging 9% On ₹3,000 Cr Divestment Plans

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