Pipavav Defence

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Pipavav Defence - Total results - 22
Anil Ambani becomes chairman of Pipavav Defence after RInfra takes control
Business

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.

Reliance Defence signs $6 billion pact with Russian arms firm as Modi visits Moscow
Business

Reliance Defence signs $6 billion pact with Russian arms firm as Modi visits Moscow

Reliance Defence said on Thursday it had signed a manufacturing and maintenance deal potentially worth $6 billion with Russia's Almaz-Antey, the maker of an air defence system that sources said the Indian military was poised to buy

RBI allows Pipavav Defence to raise foreign shareholding
Business

RBI allows Pipavav Defence to raise foreign shareholding

As per data on BSE, FIIs held 4.79 percent in Pipavav Defence and Offshore Engineering as of quarter ended September 2015.

Pipavav Defence likely to get Russian-made INS Vikramaditya refit order
Business

Pipavav Defence likely to get Russian-made INS Vikramaditya refit order

The company has also been selected by United Shipbuilding Company of Russia for the manufacture of four Talwar class frigates, sources added.

Pipavav Defence joins hands with Russia's JSC to refit submarines
Business

Pipavav Defence joins hands with Russia's JSC to refit submarines

Refit and life extension will provide an additional 10-15 years of operational life bringing in great relief to the Navy, facing serious depletion in its underwater assets due to delays in new inductions.

Sensex gets a Greece booster, ends 300 points higher; IT, oil & gas shares sizzle
Business

Sensex gets a Greece booster, ends 300 points higher; IT, oil & gas shares sizzle

Market breadth ended positive with 1,789 stocks advancing against 1,005 declines on BSE.

Panel approves bulk of 144 proposals in defence, explosives sectors
Business

Panel approves bulk of 144 proposals in defence, explosives sectors

To attract foreign direct investment and boost defence manufacturing in the country, which imports up to 70 percent of its military hardware, the government has raised the FDI cap to 49 percent.

Pipavav deal: Reliance Infra makes Rs 1,263 cr open offer
Business

Pipavav deal: Reliance Infra makes Rs 1,263 cr open offer

The open offer made by Reliance Defence Systems and Reliance Infrastructure, for purchase of over 19.14 crore shares, has been made at a price of Rs 66 each, as per the offer documents filed with the markets regulator Sebi.

Sensex rebounds 68 points as pharma, FMCG, banking shares rise
Business

Sensex rebounds 68 points as pharma, FMCG, banking shares rise

Buying by participants in the last 30 minutes of trading helped the gauge bounce back to close 68.22 points, or 0.23 percent, higher at 29,448.95.

Biggest defence deal: Rel Infra trumps M&M, Hero to take control of Pipavav for up to Rs 2,082 cr
Business

Biggest defence deal: Rel Infra trumps M&M, Hero to take control of Pipavav for up to Rs 2,082 cr

In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure today announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.

First Pipavav, now ABG: Thank Modi's Make in India scheme for Mahindra's interest in shipyards
Business

First Pipavav, now ABG: Thank Modi's Make in India scheme for Mahindra's interest in shipyards

After facing competition from Hero Group for one of India's leading shipyards Pipavav Defence, Mahindra is looking to buy a stake in ABG to expand its land and naval defence equipment.

Defence exports could touch $17 bn by FY22: report
Business

Defence exports could touch $17 bn by FY22: report

India is the world's largest importer of defence equipments with tens of billions of dollars in annual purchases of critical equipment for the armed forces.

Hero MotoCorp promoter further divests stake, sells shares worth Rs 945cr
Business

Hero MotoCorp promoter further divests stake, sells shares worth Rs 945cr

Hero MotoCorp Ltd promoter Hero Group today further divested its equity holding in the company by selling shares worth Rs 944.76 crore, a day after undertaking a similar exercise for Rs 1,865.44 crore.

Sensex hits 3 week high on optimism over upcoming Budget, rate cut hope
Business

Sensex hits 3 week high on optimism over upcoming Budget, rate cut hope

Riding high on optimism over the upcoming Budget and hopes of rate cut, Indian markets rose for the sixth straight day with benchmark Sensex surging 184.38 points to close at three-week high of 29,320.26 today.

Pipavav Defence gains as M&M may buy majority stake: Key facts about the deal
Business

Pipavav Defence gains as M&M may buy majority stake: Key facts about the deal

Shares of Pipavav Defence & Offshore Engineering surged over 16 percent in morning trade as reports said that Mahindra & Mahindra is planning to buy around 25-30 percent stake in the company for an aggregate amount of Rs 3,000 crore in a three phase deal.

Private banks focus on low-risk retail loans as corporate segment struggles
Business

Private banks focus on low-risk retail loans as corporate segment struggles

Private sector banks report good numbers largely due to their increased focus on the retail lending segment and the appreciation on their investment portfolios.

 FIPB to consider 26 FDI proposals on Wednesday
Investing

FIPB to consider 26 FDI proposals on Wednesday

India received maximum FDI from Mauritius, followed by Japan, Singapore, the Netherlands and the UK.

Sensex closes in red ahead of fiscal cliff decision; KFA down 2% on licence loss
Investing

Sensex closes in red ahead of fiscal cliff decision; KFA down 2% on licence loss

The equity markets closed in red on Monday as traders await a firm decision on the fiscal cliff issue from the US.

Tulip, Pipavav Defence scotch market rumours to stem share price slide?
Investing

Tulip, Pipavav Defence scotch market rumours to stem share price slide?

A large-scale selling was witnessed in a host of mid-cap and small-cap companies yesterday amid speculations about high level of pledging of promoter shares and margin calls being triggered in these shares.

Select mid-caps nose-dive 20-35 percent; margin call?
Investing

Select mid-caps nose-dive 20-35 percent; margin call?

Some of the stocks affected are as follows: Tulip Telecom declined by 35 percent,Radico Khaitan by14 percent, Pipavav Defence Offshore by 19 percent, Everonn Education by 20 percent.