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SHIPYARD IN ANDHRA PRADESH
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...
Nods for Rs 30,000 crore shipbuilding cluster in Andhra Pradesh this month: Minister SonowalIndia plans a major shipbuilding cluster in Andhra Pradesh with ₹30,000 crore investment. This move aims to boost the Indian fleet size. Pr...
Sagar Defence to build autonomous naval tech shipyard in Andhra Pradesh for next-gen unmanned platformsSagar Defence Engineering has begun work on India's first Autonomous Maritime Shipbuilding and Systems Centre in Andhra Pradesh. This facil...
Sagar Defence to establish autonomous maritime shipyard in Andhra PradeshThe proposed project, which will come up at Juvvaladinne Fishing Harbour, is aimed at positioning the state as a key hub for next-generatio...
HD Hyundai to set up shipyard in Tamil Nadu's ThoothukudiHD Hyundai, a major South Korean shipbuilding company, will establish its first Indian shipyard in Thoothukudi, Tamil Nadu. This significan...
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 ...
Adani Ports orders Rs 450 crore in eight harbour tugs from Cochin ShipyardAdani Ports has placed a significant order worth Rs 450 crore with Cochin Shipyard Ltd for eight advanced harbour tugs. The tugs are schedu...
Watch PM Narendra Modi singing 'Shri Ram Jai Ram' bhajan at the Veerbhadra Temple in Lepakshi, AndhraLepakshi's historical importance is connected to the Ramayana, with the belief that the injured bird Jatayu, wounded by Ravana during the a...
Indian Navy gets 3rd missile-cum-ammunition bargeWith all major and auxiliary equipment/systems sourced from indigenous manufacturers, this barge is a proud flag bearer of the “Make in Ind...
Inquiry committee instituted to establish cause behind Vizag crane mishap: Rajnath SinghThe new crane was erected at the Hindustan Shipyard about two years ago but was not yet commissioned for regular operations due to change i...
Lenders want wilful defaulter tag for Lanco, ABG PromotersLanco is an infrastructure group with interests in roads and power.
Anil Ambani-led Reliance Group announces Rs 5,000-crore naval facility investmentExpanding his defence sector play, Anil Ambani announced setting up of a new naval shipbuilding facility with an initial investment of Rs 5...
Enforcement Directorate attaches Rs 863 crore assets of Jaganmohan Reddy, others for launderingThe current order, under the Prevention of Money Laundering Act, has been the largest order for attachment of assets in this case.
Shanghai shipyard to build LNG barge for Andhra PradeshA Shanghai-based firm will build and supply a barge-based floating LNG regasification unit to be installed offshore Andhra Pradesh.
- NMDC to pick up majority stake in Andhra Pradesh's new port
Iron ore miner NMDC will become the majority owner of a major seaport in Andhra Pradesh, marking one more attempt at diversification by the...
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...
- Government undertakes large scale modernisation of defence shipyards
Govt has undertaken a large scale modernisation of defence shipyards along with steps to encourage private sector participation.
- Govt sets up a group to identify location for big ports
The government today said it has constituted a group for identifying locations for developing big ports in three southern states.
- Stocks to watch: Pipavav Shipyard, Punj Lloyd, Suzlon Energy, Nihar Info, Dr Reddys, DQ Entertainment
Pipavav Shipyard promoter SKIL Infrastructure plans to raise up to $300 million by selling shares to private equity funds just before an IP...
- L&T pens blueprint for Rs 2,000-cr AP facility
Larsen & Toubro (L&T) is close to finalising Kakinada in Andhra Pradesh as the location for its Rs 2,000-crore shipyard and a fabrication f...