Tata Projects subsidiary CEO Shashank Shekhar Jha tenders resignationShashank Shekhar Jha resigned from his position as CEO of Artson Engineering to explore new career opportunities. He reflected on his four-...
10 Nov, 2026, 02.02 PM IST
HDFC Defence Fund raises stakes in BEL, BEML, Bharat Forge and 2 others in OctoberHDFC Defence Fund increased its holdings in BEL, BEML, Bharat Forge, Tata Motors and another stock in October, according to its latest port...
10 Nov, 2026, 10.31 AM IST
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksThe move marks a potential shift in the company's shipping strategy, which has traditionally relied on a mix of time-charter and voyage-cha...
09 Nov, 2026, 10.37 AM IST
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksIndian Oil Corporation aims to enhance control over its energy supply chain by acquiring crude oil carriers and LPG vessels. The company is...
08 Nov, 2026, 11.13 AM IST
India may lower shipbuilding subsidy localisation threshold to 20% to attract foreign investorsThe government is considering lowering the minimum domestic-content threshold for shipbuilding incentives from 30% to 20%, with a full subs...
07 Nov, 2026, 12.12 AM IST
Garden Reach Shipbuilders deliver INS Amini to the Indian Navy, bolstering anti-submarine capabilitiesGarden Reach Shipbuilders and Engineers delivered the Anti-submarine Warfare Shallow Water Craft INS Amini to the Indian Navy on November 5...
06 Nov, 2026, 12.25 PM IST
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
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
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
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
Mazagon Dock Q2: All you need to know about PSU shipbuilder's July-September businessFor Mazagon Dock, revenue from operations fell 16.5% year-on-year to Rs 2,446 crore from Rs 2,929 crore in the year-ago quarter. On a seque...
27 Oct, 2026, 05.38 PM IST
Mazagon Dock Shipbuilders shares crash 10% after Q2 net profit tumbles 54%; firm declares Rs 5/share dividendMazagon Dock Shipbuilders shares plunged 10% after the state-owned company reported a 54% year-on-year decline in Q2 FY27 net profit to Rs ...
27 Oct, 2026, 04.43 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