Warship building projects worth at least Rs 630 billion have ground to a standstill.The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude,......
These next generation ships can patrol the oceans for three or four months compared to the navy's current patrol boats, which can be at sea for a maximum of 45 days.Ajai Shukla reports. IMAGE: The......
Insufficient technology has been transferred during the ongoing Project 75, which involves building 6 Scorpene-class submarines.Ajai Shukla reports. One of the Indian Navy's most vital purchases......
The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......
The navy's plan to build three Russian Talwar-class frigates has a less than wholesome odour, says Ajai Shukla. The Indian Navy, clearly, has an appetite for punishment. One might imagine that the......
Billionaire investor Rakesh Jhunjhunwala is likely to pick up stake in Nikhil Gandhi-promoted Pipavav Defence and Offshore Engineering Company Ltd (Pipavav Shipyard) through convertible share......
Indian engineering and maritime groups have lined up an estimated Rs180bn ($4.5bn) to invest in new shipyards, opening up a front in the nation's competition with China to become a low-cost......
For a change, government-owned companies are doing better than their private sector counterparts. In an otherwise bleak operating environment for shipbuilders, state-owned shipyards such as Mazagon......
Even as the markets are weighed down by global and domestic concerns, Rakesh Jhunjhunwala has been relatively busy churning his portfolio. He has bought stake in three companies, increased and......
Anil said the company is in the process of signing a contract with the Indian Coast Guard for the first defence order for 14 fast patrol vessels Reliance Defence and Engineering is also looking to......