K Line on the Rebound

first_imgzoom The Japanese shipping conglomerate K Line posted Yen 26.8 billion (USD 223.1 million) in net income for the fiscal year ending March 2015, a 61% surge year-on-year.The company’s revenues stood at JPY 1.35 trillion, against JPY 1.22 trillion, up 10% from the prior year.K Line’s container shipping business rebounded from a loss of JPY 100 million, posting JPY 20.6 billion profit in 2014 fiscal year.The company said its container cargoes rose 4% year-on-year amid steady cargo movements and falling bunker prices pushing company into the black.The company’s dry bulk business recorded higher revenues but lower income amid market fluctuations. A similar situation has been reported in the company’s car carrier sector.Other businesses of the conglomerate remained steady except for its offshore energy arm that recorded a loss.For the 2015, the company expects operating revenues to reach JPY 1.46 trillion and a net income of JPY 20 billion.World Maritime News Stafflast_img read more

Minister holds meeting with committee members of Mukhyemantri Pratibha Yojna

first_imgNEW DELHI: Delhi Social Welfare Minister Rajendra Pal Gautam on Wednesday convened a meeting with the members of newly constituted Monitoring Committee under ‘Jai Bhim Mukhyemantri Pratibha Vikas Yojna’. “The purpose of the meeting is to get feedback from the members of monitoring committee to provide their valuable inputs for improvement of coaching programme under the scheme, once they start the inspection,” Social Welfare minister said.A newly formed monitoring committee has 16 members in which 13 members are from academics who are professors and assistance professors from different colleges, three members are from social work background. Members of the committee will randomly attend the coaching classes for qualitative assessment of the coaching programme. Members of the committee on the basis of interaction with the students enrolled under the scheme, give valuable suggestions for improvement of the coaching programme. Also Read – Kejriwal ‘denied political clearance’ to attend climate meet in DenmarkGautam directed the members of the committee that department is in the process for empanelment of more reputed coaching institutes under the scheme specially for civil services examination and entrance exams for medical and engineering also. Right now, there are 8 empanelled institutes which provided coaching to over 4600 students last year. List of the students getting coaching under the scheme along with location and time table of coaching classes will be intimated to the members of the committee.last_img read more