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PICS: Viraat to leave for Mumbai by this month end

India's second aircraft carrier, INS Viraat, drydocked at Cochin Shipyard Ltd for extensive maintenance work and re-fit, is expected to leave for Mumbai by this month end and hopes to join the......

Ride the wave with aircraft carriers

With the United States delivering an increasing share of India's arms imports, New Delhi must work with it to retain control of our regional waters, says Ajai Shukla. Last week, a navy delegation......

REVEALED: How India's future naval aircraft carrier will be

Some vendors say the navy's specifications for its next aircraft carrier are similar to those of Britain's HMS Queen Elizabeth II. Photograph: Andrew Milligan/WPA Pool/Getty Images For......

Row over diplomat not to affect Indo-US defence ties: Antony

Indo-United States defence ties will not be impacted due to the issue relating to Indian diplomat Devayani Khobragade, Defence Minister AK Antony on Tuesday said. "I do not think that the issue......

The rebirth of iconic INS Vikrant

Good navies keep their battleships alive. India's first aircraft carrier will be reborn as its first indigenously built carrier, reports Ajai Shukla At Kochi, on Monday, a giant step was taken......

Markets pare gains to end flat; auto, IT gain, aviation stocks fall

The 30-share Sensex ended up 27 points at 25,868 after hitting a high of 26,059 and 50-share Nifty ended up 14 points at 7,857. Indian equities erased early gains to end flat amid profit taking in......

India: Global hub for warship-building

The INS Shivalik, now completing sea trials, is a world-class frigate built at Indian prices, writes Ajai Shukla. Strategic circles are abuzz with rumours that the United Kingdom will soon offer......

Divestment: India's new financial mantra?

Presenting the Union Budget in Parliament on July 6, Finance Minister Pranab Mukherjee proposed estimated divestment proceeds of Rs 1,120 crore for 2009-10, while only a few days before that the......

Divestment: Govt eyes Rs 1,120 crore

The government on Monday announced increasing people's holding in public sector undertakings through the divestment programme, but said it would retain at least 51 per cent equity in these......

Government lines up public issues of more PSUs

The government is likely to list four or five more of state-owned companies, which include Satluj Jal Vidyut Nigam Ltd, Manganese Ore India Ltd and Cochin Shipyard, by March next year.A senior......
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Centre to roll out PSU IPOs from October-November

After a gap of more than three years, the Centre will roll out initial public offers (IPOs) in PSUs once again with a 10% stake sale in Cochin... ...

http://www.financialexpress.com/article/economy/after-3-year-gap-centre-to-roll-out-psu-ipos-cochin-shipyard-first-in-line/266977/
Indices to open weak

Asian markets are trading lower. Japanese stocks are under pressure on the back of fresh strength in the yen against the dollar, with the benchmark... ...

http://www.indiainfoline.com/article/general-market-equity/swinging-in-a-range-indices-to-open-weak-pre-market-116052400748_1.html
LNG shipbuilding plans cross a milestone

GAIL (India) received initial bids from two consortiums for hiring at least nine LNG carriers on a long-term basis for transporting gas from the US... ...

http://www.livemint.com/Opinion/NK68PuB5LTXW8R3BPM5mRO/LNG-shipbuilding-plans-cross-a-milestone.html
Govt to raise Rs2,700 crore from stake sale in NHPC

Centre to sell an 11.36% stake in power producer, sets floor price at Rs21.75, 5.6% lower than Tuesday's close Mumbai: The government will sell... ...

http://www.livemint.com/Companies/PNfgm7JdLV380NTCase7oO/Govt-to-sell-420-million-stake-in-NHPC-report.html
Govt planning 10% stake sale in NMDC

The government, which owns 80% in the company, has invited bids from merchant bankers by 16 May Mumbai: The government is planning to sell 10% of... ...

http://www.livemint.com/Companies/CPfSu0AMEmduIfEPRK59WN/Govt-planning-10-stake-sale-in-NMDC.html

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