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SHIPBUILDING SECTOR INDIA
India aims to recycle 16,000 ships in next decade: Union Minister SonowalIndia is set to recycle approximately 16,000 ships in the coming decade, backed by an $8 billion financial commitment. Over 30 Indian ship ...
Gujarat can emerge as major defence manufacturing hub: RajnathDefence Minister Rajnath Singh highlighted Gujarat's potential as a major defence manufacturing hub, emphasizing its industrial strength an...
Union Minsiter Sonowal inaugurates Goa's new Captain of Ports Terminal building, announces phase-I priority for Goa water metroUnion Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal, in Panaji on June 27, inaugurated Goa's new Captain of Ports Te...
Commodity correction offers buying opportunity; defence, banking remain long-term bets: Dharmesh KantMarket expert Dharmesh Kant sees commodity corrections as buying opportunities, with the broader cycle intact due to global demand and Indi...
Indian Navy commissions three indigenously built warships: Dunagiri, Sanshodhak, and AgrayIndia's naval might has been significantly bolstered with the commissioning of three indigenously built warships in Kolkata. Prime Minister...
GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater fina...
India's warship-building capability gaining new speed in modern technology: Navy ChiefChief of the Naval Staff (CNS) Admiral Krishna Swaminathan said that the commissioning on Sunday of three frontline platforms - INS Dunagir...
India aims to be defence manufacturer, not just buyer: PM ModiPrime Minister Narendra Modi highlighted India's growing defense manufacturing prowess, now at Rs 40,000 crore, emphasizing self-reliance o...
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...
Defence shares gain momentum on strong production and growth outlookIndian defence stocks surged as the government announced a record ₹1.78 lakh crore in defence production for fiscal 2026, a 15.6% increase ...
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 ...
Financials in a sweet spot, defence remains a structural bet: Dharmesh KantFinancial stocks are set to lead a market rally through June and July. Experts see banks and financial institutions benefiting from strong ...
Behind India's Rs 5.5 lakh crore FII selloff lies a hidden list of 84 multibagger winnersForeign institutional investors have sold Indian stocks worth Rs 5.5 lakh crore. However, a hidden list reveals 84 stocks where FIIs have a...
China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
HDFC Defence Fund adds Tata Motors, reduces exposure in MTAR Technologies and 1 other in MayHDFC Defence Fund added Tata Motors to its portfolio in May while trimming holdings in MTAR Technologies and Rishabh Instruments. The fund ...
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...
'Domestic cos got lower subsidies than Chinese peers, on par with North America'Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. In...
The AI play no one is talking about: Why BofA is snapping up power & metals instead of ITBofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He...