Pipavav Defence

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

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

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

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

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

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

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

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

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.

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.