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GOA SHIPYARD INVESTMENT
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...
Defence PSU Goa Shipyard to invest ₹1,500 crore in Andhra Pradesh greenfield facilityGoa Shipyard will invest ₹1,500 crore to build a new facility in Andhra Pradesh. This marks the company's first expansion outside Goa. The ...
Rs 42,500 cr capex Adani Ports to anchor Maha's maritime growthMaharashtra is set to receive significant investment in its maritime sector. Adani Ports and JSW Infrastructure are leading the charge with...
No longer need Ukraine for marine engines, says RussiaResponding to Indian concerns that the ongoing war with Ukraine could impact the delivery of gas turbine engines needed for two Project 113...
Centre okays Rs 155 crore for building 47 shipsIn response to queries from ET, the shipping ministry said that 95 applications have been received till now seeking an in-principle approva...
Defence Expo to be held in Gandhinagar in MarchPast editions of the show have been held at New Delhi, Goa, Chennai and Lucknow. The decision to choose Gujarat was taken after interacting...
Goa Shipyard to go public in a year: CMDThe value of production increased to Rs 1,371 crore in 2017-18 from Rs 500 crore in 2013-14.
Govt nixes Rs 32,000 crore ‘Make in India’ minesweepers projectAdvanced minesweepers or mine counter-measure vessels (MCMVs) are around 900-tonne specialised warships that detect, track and destroy unde...
Goa Investment Board gives nod for new ship equipment unitIn the proposal submitted to Investment Promotion Board, the company intends to manufacture deck machinery, hydraulic steering gear, propel...
Goa targets 50,000 jobs, Rs 25,000-crore investments in 5 yearsThe contract to Goa Shipyard, situated on the banks of the River Zuari near Mormugao Port, relates to building of state-of-the-art MCMVs.
ABG Shipyard surges 16% as Mahindra group eyes stakeABG, the country's largest ship builder with facilities in Gujarat and Goa, has a beaten down share price and is in the midst of a Rs 11,00...
- Defence public sector shipyards have adequate infrastructure to meet country's needs: Vineet Bakshi, Goa Shipyard
Rear Admiral (Retd) Vineet Bakshi, VSM, chairman and managing director of Goa Shipyard, talks about the yard’s modernization programme and ...
- Dempo buys majority stake in shipping company Modest Infrastructure for Rs 700 crore
Dempo Group has acquired a controlling stake in Gujarat's shipyard company Modest Infrastructure in a transaction valued at over Rs 700 cro...
Government not keen on building shipyards at proposed portsThe government may not look at building new shipyards in the country proposed in the Maritime Agenda, as the existing ones are already find...
- Shipyard to expand with Rs 500 crore investment
The Public sector Cochin Shipyard Ltd is proposing to expand its existing capacity through a shiplift system with an investment of Rs 500 c...
- Inflation-hit market sentiment not prudent for floats
IPOs of Nuclear Power Corporation, Cotton Corporation of India, RINL, Ircon, Railtel and IRFC would hit the D-Street from October onwards. ...
- Indian firms to set up shipyards at Rs 10,000-cr outlay
Scarcity of bulk carriers and offshore supply vessel in the global market has forced several Indian companies to look at setting up large s...
- Mumbai's Hyatt: The new Times Square
The new Hyatt hotel is being designed by Fox and Fowles, who also have Times Square to their credit.
- Bharati Shipyard plans to build bigger ships
Bharati Shipyard, now under construction at Mangalore, proposed to create facility for building ships upto one lakh tonnes capacity instead...
- Strategic shipyards to get a facelift
To begin with, the defence department has appointed Mazagaon Dock as the co-ordinating agency that will appoint a consultant for laying out...