The DGFT laid out a procedure for imports up to October 31, 2023 and has invited fresh applications for licenses for the imports till June 15. “The applications shall be considered on actual user basis to processors only, based upon their own processing capacity is required to be provided,” the DGFT said in a public notice, adding that the quantity of the imports for each applicant would be decided by the Exim Facilitation Committee.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.