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SUBMARINE REFITS
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
DRDO’s eight-year delay hits Indian submarines while Pakistan gains lead underwaterIndia’s plan to retrofit its Scorpene-class submarines with an indigenous Air Independent Propulsion (AIP) system has been delayed again. I...
After 40 years, Defence Shipyard HSL's net worth turns positiveAfter 40 years, Hindustan Shipyard (HSL) has turned its net worth positive, overcoming significant challenges and liabilities. Achieving a ...
Indian submarines set for indigenous edge in open seasAn indigenously developed air-independent propulsion (AIP) system, set to be fitted on the first submarine next year, will significantly in...
Defence ministry inks Rs 2,725 cr contract with MDL for refit of submarineThe defence ministry on Friday inked a Rs 2,725 crore contract with the Mazagon Dock Shipbuilders Limited (MDL) for refit of submarine INS ...
Fire damages submarine at Mumbai yardINS Sindhukesari’s critical components being checked, had come back after refit in Russia.
Navy may consider German SUT torpedoes for Kalvari submarines, instead of Finmeccanica's 'Black Sharks'Lack of clarity on the black-listing policy by the Ministry could end up having Finmeccanica emerging as one of the contenders.
Upgrading Kilo class submarines: L&T set to partner Russia for Rs 5,000-crore defence dealThe company has been chosen as the Indian partner for the Kilo class refit — a program to increase the life of the submarine by 10 years in...
CAG assails Defence Ministry, Navy for delay in refit of submarineGovernment auditor CAG slammed the Navy, Defence Ministry and a state-run shipyard for the protracted delay in carrying out refit of submar...
Defence preparedness: 6 recent developments that will boost India's submarine fleetIndia's first indegenously developed nuclear submarine Arihant, which has completed the sea trials held so far, will undergo its maiden mis...
Navy signs Rs 5,000 crore pact with Russian shipbuilder Zvezdochka for Kilo class submarine refitSources told ET that the first submarine to be sent is the INS Sindhukesari that will be fitted with Klub land attack cruise missile.
Pipavav to upgrade Kilo class submarines; announces agreement with Russia to make India servicing hubSources said that the understanding is that in the first stage, four Indian Navy Kilo class submarines will be given a second midlife upgra...
Make in India to go to Russia? Government to take call on Rs 2,400-crore submarine planGovt is expected to take a call on whether the project to extend the service life of submarines would be done under the Make-in-India initi...
L&T targets orders worth Rs 1.5 lakh crore from Indian Navy in 4 yearsL&T, which has played a major role in the Indian nuclear submarine project, said it is a strong contender for several major contracts in th...
Pipavav joins hands with Russia's JSC to refit submarinesThis will also mark the first time the work for refit of submarines was being considered for the private sector in India.
Submarine INS Sindhukirti stuck in refit for 8 yearsDiesel-electric submarine INS Sindhukirti has been stuck in a refit at an Indian shipyard for the last eight years.
INS Sindhuratna mishap: Batteries not changed in refit, says a sourceEven as Navy launched a high-level probe into mishap on board INS Sindhuratna, preliminary indications are that malfunctioning batteries co...
Submarine shock: A K Antony fast-tracks projectsA K Antony has directed that top priority should be given to maintaining the "health" of the existing 13 conventional diesel-electric subma...
INS Sindhurakshak: Navy sticks to ‘accident’ story behind submarine disasterPreliminary assessments show "a plain and simple accident" in the "fully-loaded" weapons compartment of INS Sindhurakshak.
At $156 million, refit expenses on INS Sindhurakshak exceeded original costThe refit expenditure on INS Sindhurakshak was much more than its original procurement cost.