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SHIPBUILDING PLANS
Vedanta may have a couple more tranches of promoter-driven selling; stock likely to bounce back in 1-2 weeks: Ambareesh BaligaVedanta shares saw a significant drop following a large block deal, but analysts suggest the selloff is temporary. Promoter entity Twin Sta...- India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
- 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...
- Tamil Nadu signs Rs 18,600 crore MoU with Larsen & Toubro for data centre, shipbuilding projectsTamil Nadu Chief Minister V Joseph Vijay witnessed a significant MoU signing. Larsen & Toubro Limited will invest Rs 18,600 crore in three ...
- Jefferies raises Titagarh Rail target price by 23%. Check upside potential and key triggersTitagarh Rail Systems shares rose after Jefferies increased its target price. The brokerage noted a strong quarter and improving execution....
- NSA Doval meets Patrushev in Moscow, discusses maritime, defence tiesNational Security Advisor Ajit Doval met with Russia's Nikolai Patrushev in Moscow. They discussed boosting cooperation in maritime and def...
- India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
- Sebi approves IPOs of Renny Strips, Krishna Buildspace and Rodec PharmaSebi has approved IPOs for Renny Strips, Krishna Buildspace, and Rodec Pharmaceuticals. Renny Strips, a structural steel manufacturer, inte...
- 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...
- India’s first underwater museum project launched off Maharashtra coast in SindhudurgSindhudurg district in Maharashtra is set to become a major marine tourism hub. India's first underwater museum and submarine tourism proje...
- Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...
- Pakistan inducts new Chinese submarine, puts focus on India’s undersea strength and pacePakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, boosting its AIP-equipped fleet to four. This marks the f...
- Japan's Mitsui OSK Lines, world’s second-largest ship owner by fleet size, eyes shipbuilding in India and investments in terminals & logisticsJapan's Mitsui OSK Lines plans to build ships in India. The company is also exploring opportunities for roll-on, roll-off terminals. MOL ai...
- Operation Sindoor: India marks first anniversary of its most expansive multi-domain combat mission in half a centuryOperation Sindoor, launched after the Pahalgam attack, redefined India's security. It utilized drones and AI, prompting a military upgrade....
- India steadily positioning itself as competitive maritime nation: Shipping secretaryIndia is strengthening its position as a maritime power. Policy changes, infrastructure growth, and private sector engagement are driving t...
- GRSE shares soar 16% after strong Q4; net profit jumps 24% YoY to Rs 303 croreShares of state-run Garden Reach Shipbuilders & Engineers (GRSE) rallied as much as 16% to their day’s high of Rs 3,339 on the BSE on Wedne...
- Germany expects to sign submarine deal with India 'soon', defence minister saysGermany anticipates finalizing an agreement with India for an $8 billion submarine cooperation project. Defence Minister Boris Pistorius ex...
- Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
- India, Korea can give new direction to multilateralism amid mounting challenges: South Korean Prez LeeSouth Korean President Lee Jae Myung envisions a strengthened special strategic partnership with India, focusing on trade, technology, crit...
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