INS Udaygiri and INS Himagiri marks the first occasion when two frontline surface combatants constructed at two different shipyards were commissioned simultaneously. Defence Minister Rajnath Singh......
INS Vindhyagiri was launched by President Droupadi Murmu, the Supreme Commander of India's armed forces, in Kolkata on Thursday, August 17, 2023. INS Vindhyagiri, built at the Garden Reach......
Defence Minister Rajnath Singh launched P17A stealth frigate Dunagiri, built by PSU Garden Reach Shipbuilders and Engineers, onto the river Hooghly in Kolkata on Friday. P17A ships are......
Time and cost overruns are endemic to most Indian warship building projects. A central reason is the Indian Navy's operational assessment that it is better to get a warship late and over budget......
The Indian Navy's prestigious Project 28, the programme to build four of the world's stealthiest anti-submarine corvettes, is on track to become even more cutting edge. By the end of this month,......
Govt has 74.5 per cent stake in Garden Reach Shipbuilders, and 74 per cent in Mishra Dhatu. Illustration: Uttam Ghosh/Rediff.com The government is set to divest its shareholdings in defence PSUs,......
For decades, India's three defence shipyards combined the inefficiency of the public sector with the indecisiveness of the Ministry of Defence. In Marxist Kolkata, Garden Reach Shipbuilders and......
A spate of recent orders under the Indigenously Designed Developed and Manufactured (IDDM) category have led to investor focus on defence stocks. Photograph: ANI Photo Actually, the defence index......
Defence public sector undertakings (PSUs) have been asked by the Centre to hold roadshows in Dubai and Abu Dhabi to share their financials and business plans to reel in investors. Photograph:ANI......
Though this is part of the divestment drive, government’s stake in these companies remains 100 per cent even after the buybacks Eight unlisted state-owned companies bought back shares worth......