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SHIPYARD
In 2025, the 867-ton Spirit of Norfolk was sunk off Florida’s Okaloosa County coast; the former dinner cruise ship now rests 128 feet underwater- India may lower shipbuilding subsidy localisation threshold to 20% to attract foreign investors
- Garden Reach Shipbuilders deliver INS Amini to the Indian Navy, bolstering anti-submarine capabilities
- GRSE shares jump 9% after signing Rs 32,000 crore Indian Navy contract for five next-generation corvettesGRSE shares surged nearly 9% after securing a Rs 32,000-crore Indian Navy contract to build five Next Generation Corvettes. The nine-year p...03 Nov, 2026, 01.13 PM IST
- Why Indian Navy is spending Rs 53,000 crore to buy 8 corvettes? How It will help India to defend India's 7000 km coastline from Pakistan to BangladeshIndian Navy will spend Rs 53,866 crore to acquire eight next-generation corvettes part of a wider effort to strengthen coastal defence and ...03 Nov, 2026, 07.38 AM IST
- Defence Ministry inks Rs 53,886 crore deals for new indigenous warshipsThe Defence Ministry signed contracts worth ₹53,866.50 crore for constructing next-generation corvettes with public shipyards. Garden Reach...03 Nov, 2026, 12.04 AM IST
- Govt inks Rs 53,866.50 crore contracts with GRSE & GSL for 8 Next Generation Corvettes for Indian NavyThe Ministry of Defence has signed contracts worth ₹53,866.50 crore with Garden Reach Shipbuilders & Engineers (GRSE) and Goa Shipyard (GSL...02 Nov, 2026, 12.06 PM IST
- Sitharaman says NDA revived IDBI Bank after UPA-era bad loan crisisIn response to Rahul Gandhi's opposition to IDBI Bank's privatisation, Nirmala Sitharaman stressed the successful recovery of the bank than...30 Oct, 2026, 11.51 PM IST
- ‘IDBI Bank was handed over to us in poor shape’: Sitharaman hits back at Rahul Gandhi amid sale rowNirmala Sitharaman responded to criticisms regarding the sale of IDBI Bank's majority stake. The bank was previously in poor condition and ...30 Oct, 2026, 12.24 PM IST
- New 'eye in the sky'! India's GPS gets a major upgrade tonight; 5 things to know about what ISRO's NVS-03 satellite will changeISRO is scheduled to launch its GSLV-F18 rocket carrying the NVS-03 navigation satellite at 11:51 pm on October 30 from Sriharikota. The mi...30 Oct, 2026, 12.09 PM IST
- Rs 40,000-crore project for 8 next-gen corvettes cleared by Cabinet; GRSE, Goa Shipyard to build warshipsThe Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi, has approved a project worth over Rs 40,000 crore to buil...30 Oct, 2026, 11.02 AM IST
- India, HD Hyundai advance plans for $4 billion shipyard in Tamil NaduUnion Minister Sarbananda Sonowal engaged with HD Hyundai's Chairman in Seoul to discuss a significant shipyard project. The proposed USD 4...28 Oct, 2026, 04.50 PM IST
- How Australia built world’s biggest battery-powered ferryThe electric ferry China Zorrilla has launched its operations between Buenos Aires and Uruguay, marking a significant milestone in eco-frie...28 Oct, 2026, 09.38 AM IST
- India woos South Korea, Cyprus to boost shipbuilding and maritime sectorUnion Minister Sarbananda Sonowal engaged South Korean and Cypriot maritime leaders to enhance India's shipbuilding capabilities. Discussio...27 Oct, 2026, 09.36 PM IST
- India woos South Korean marine equipment makers as shipbuilding growsUnion Minister Sarbananda Sonowal highlighted the need for ambitious and universal maritime standards during the World Maritime Day roundta...26 Oct, 2026, 10.23 PM IST
- Korea Marine Equipment Association to open India office coming Friday: Shipping MinistryThe Korea Marine Equipment Association has announced its first office in Mumbai, facilitating collaboration with Indian shipyards. This par...26 Oct, 2026, 10.08 PM IST
- Sonowal to pitch India's shipbuilding opportunity to Korean industryThe visit of Union Minister Sarbananda Sonowal to South Korea spans four days, focusing on maritime collaboration. In his address in Busan,...26 Oct, 2026, 09.57 AM IST
- Sagarmala Finance Corp aims for Rs 60,205 cr disbursal by 2031Sagarmala Finance Corporation Limited has announced a cumulative disbursement target of Rs 60,205 crore by 2031. The financing has reached ...23 Oct, 2026, 09.44 PM IST
- Maersk begins its first planned India dry dockingA.P. Moller - Maersk will drydock the Maersk Chattogram at L&T Shipbuilding's Kattupalli Shipyard in October 2026. This marks a significant...20 Oct, 2026, 08.40 PM IST
- Indian Navy inducts multi-purpose INS Samarthak, a drone mothership and weapons testbed, the first major warship built by a private shipyardSamarthak, the first multi-purpose vessel built by a private shipyard to be commissioned into the Indian Navy, has entered service with mor...16 Oct, 2026, 02.09 PM IST
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