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SHIPYARD INDUSTRY
German naval ambitions suffer setback as warship order axedGermany on Wednesday pulled the plug on its largest naval order in decades after the anti-submarine warship project suffered delays, a setb...
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 ...
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...
Trump offers Wall Street talent a Prez pay of $400k to bolster US national security supply chainsThe Trump administration is hiring 400 dealmakers to boost US national security supply chains. Top finance professionals will receive salar...
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 ...
Nuvama Wealth among 5 F&O stocks with a sharp rise in futures open interestFive NSE F&O stocks recorded over 6% growth in futures open interest on June 12, indicating rising trader participation and fresh positioni...
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...
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...
Stocks in news: ITC, LIC, Sun Pharma, Maruti Suzuki, Fino Payments BankBenchmark indices experienced a negative close on Thursday, marked by volatile trade and profit booking. Analysts anticipate the Nifty to c...
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...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian indices were subdued with Nifty up 0.03% and Sensex down 0.10%. High volatility (VIX at 19.63) and bearish momentum indicators sugge...
In 1943, Richard James knocked a tension spring off a shelf: The strange motion helped create the slinkyBack in 1943, in a workshop filled with ship parts and the hum of wartime, Richard James stumbled upon a fascinating phenomenon – a tension...
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...
Sandip Sabharwal remains bullish on FMCG, retail and defence themesIndian equity markets are poised for a potential rally driven by strong corporate earnings and resilient consumer demand, according to mark...
Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
India discusses boosting trade with UK, local currency trade settlement with TanzaniaIndia and the UK are strengthening trade and investment ties. Discussions focused on maximizing benefits from the Comprehensive Economic an...
Bharat Khera assumes charge as MSME SecretaryWith over three decades of administrative experience, he previously served in key roles at the Centre, including in the Ministry of Defence...
Rajnath Singh tours TKMS shipyard, inspects Type 212 submarine in GermanyDefence Minister Rajnath Singh visited Germany, touring a submarine shipyard. India and Germany signed key defence cooperation agreements. ...
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...