Mazagon Dock gets SEBI's go-ahead to float IPO; govt to sell over 2.8 cr equity shares
State-owned Mazagon Dock Shipbuilders has received markets regulator SEBI's go-ahead to float an initial public offering (IPO)
Rajnath Singh commissions INS Khanderi into Indian Navy, says India can now give 'much bigger blow' to Pakistan
Pakistan should be wary of the recent additions to our naval capacity as with them we could deliver them a bigger blow, said Defence Minister Rajnath Singh at the commissioning ceremony of the second Kalvari-class submarine INS 'Khanderi' on Saturday
Anil Ambani becomes chairman of Pipavav Defence after RInfra takes control
The company said with an expected naval capital outlay in ship building for the next 10 years at Rs 2,25,000 crore and conservative share of private sector amounting to Rs 1,12,500 crore, PDOC is participating in various programmes.
Defence ministry puts Pipavav-Mazagaon Dock JV on hold
Defence Minister AK Antony said on Monday the ministry will study the complaints received from some private shipyards regarding the JV.Antony also said that JVs must compete for contracts and should not get them on nomination basis.