Date:21/06/2008 URL: http://www.thehindu.com/2008/06/21/stories/2008062155401500.htm

Business - Briefly

Essar Shipping to invest Rs. 10,000 cr.

MUMBAI: Essar Shipping Ports and Logistics on Friday said it would invest Rs. 10,000 crore in the next three years as part of its brownfield capital expenditure plan and for acquiring ships. “The funding for the projects has begun,” Essar Shipping MD Sanjay Mehta told reporters.