Container Corporation of India Current Affairs, GK & News

Concor signs service agreement with Russia’s RZD Logistics JSC

Container Corporation of India (Concor) and RZD Logistics JSC (Russian Railways) recently signed a service agreement for transporting cargo between India and Russia using a single invoice. The containers will move between the two countries by using the International North South Transport Corridor (INSTC), which passes through Iran. The corridor also passes through Azerbaijan.

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Cabinet approves Sale of Government stake in CPSEs

On 20 Nov, the Union Cabinet approved the sale of government’s stake in Bharat Petroleum Corporation Limited (BPCL), Shipping Corporation of India (SCI) and freight-linked container corporation of India (CONCAR). The move was a major step towards privatization. Finance Minister Nirmala Sitharaman  said  that the government has also approved to bring down the stake in ..

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