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DEFENCE SHIPYARD
Will Nifty hit 25,000 this month? Key levels to watch in the week aheadNifty eyes a potential up move, with immediate targets at 24,300–24,600, though a dash to 25,000 this month appears uncertain. The IT index...
Warship-maker GRSE conferred 'Navratna' status; defining moment for company, says CMDDefence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has achieved 'Navratna' status, a significant recognition of its consistent ...
ICG inducts indigenously constructed hovercraft, bolsters maritime capabilitiesIndia's Coast Guard has inducted its first indigenous hovercraft, H-561. This air cushion vehicle enhances maritime duties and response cap...
Defence stocks fire up! Paras Defence, BEL, GRSE, other stocks surge up to 24% in 2 days. What's powering the rally?Defence stocks extended their rally for a second straight session, with Paras Defence surging 24% in two days and BEL, GRSE, HAL, and other...
Rappid Valves secures Rs 29.86 crore strategic defence & naval ordersRappid Valves (India), a precision-engineered industrial and marine valve manufacturer, has secured strategic orders aggregating INR 29.86 ...
Rekise Marine raises $9.7 million from Accel, NKSquared to build autonomous naval platformsBengaluru-based Rekise Marine secured $9.7 million from Accel and NKSquared. The funding will accelerate the development of autonomous ship...
Indian Navy expands blue-water capability with 5 new indigenous vesselsThe Indian Navy is set to significantly bolster its maritime security with the induction of five indigenously built platforms this month. T...
AUKUS deal streamlined: Australia to receive used US nuclear powered submarines for cost-effectivenessAustralia will now receive three used Virginia-class nuclear-powered submarines from the United States. This change streamlines the AUKUS s...
Kolkata-based Defence PSU GRSE lays keel for 4th vessel in German MPV projectGarden Reach Shipbuilders and Engineers in Kolkata has laid the keel for the fourth multi-purpose vessel. This is part of a large order for...
Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...
45 warships will be delivered in 3-4 years, approval given for 195 naval vessels: Vice Admiral Sanjay VatsyanThe Indian Navy has said around 45 ships are currently under construction in the country and will be delivered over the next 3–4 years, sig...
Cochin Shipyard shares fall over 7% after Q4 net profit, revenue decline YoYCochin Shipyard's shares dipped following mixed March quarter results. While revenue and net profit saw a year-on-year decline, the company...
Sandip Sabharwal remains bullish on FMCG, retail and defence themesIndian equity markets are poised for a potential rally driven by strong corporate earnings and resilient consumer demand, according to mark...
Bharat Khera assumes charge as MSME SecretaryWith over three decades of administrative experience, he previously served in key roles at the Centre, including in the Ministry of Defence...
Rajnath Singh tours TKMS shipyard, inspects Type 212 submarine in GermanyDefence Minister Rajnath Singh visited Germany, touring a submarine shipyard. India and Germany signed key defence cooperation agreements. ...
Our Defence Shipyard plays a pivotal role in strengthening the Navy and Coast Guard, says Union Minister Rajnath Singh"The strengthening of the Navy and Coast Guard is possible only when it is fully equipped with modern weapons for the security of the marit...
- Government undertakes large scale modernisation of defence shipyards
Govt has undertaken a large scale modernisation of defence shipyards along with steps to encourage private sector participation.