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Hindustan Shipyard Ltd

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Coming soon! Next-Gen warships

The warships will be armed with BrahMos supersonic cruise missiles which can reach targets 295 km away.Ajai Shukla reports. After a significant delay caused by the general election, the navy on......

India gifts sub to Myanmar: The China angle

In gifting the submarine to Myanmar, India is competing with China for influence in the region.Ajai Shukla reports. Kindly note the image has only been posted for representational purposes.  ......

Navy gets INS Sindhukirti back, after nine-year 'refit'

Indian Navy planners heaved a sigh of relief on Friday at the return of a frontline Kilo-class submarine, INS Sindhukirti, which has been missing from the operational fleet through a nine-year......

If India is to rule the waves, defence ministry must change its ways

Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private......

Light combat jets land on INS Vikrant for 1st time

A prototype of the Naval variant of the indigenously developed Light Combat Aircraft (LCA) on Monday undertook its maiden landing on board aircraft carrier INS Vikrant, in a feat described by the......

Top PSU shipyard may get Rs 830 crore

The central government is likely to announce a restructuring-cum-revival package for Hindustan Shipyard Ltd (HSL), the largest public sector shipyard, at a cost of around Rs 830 crore (Rs 8.3......

Govt gets Rs 4,353 cr as dividend from 7 PSUs

The government on Tuesday said it has received Rs 4,353 crore as dividend tranches from seven public sector enterprises, including Coal India and PFC. Illustration: Uttam Ghosh/Rediff.com......

Panel discusses sale of NEPA, Hind Salts

The core group of secretaries on divestment met on Wednesday to scrutinise financial bids for sale of majority stake in newsprint maker NEPA and took up the issue of divestment of equity in a slew......

Air India sale to boost privatisation: Survey

Air India sale will give a boost to India's privatisation drive, the Economic Survey said on Monday, as it suggested redefining the public sector role in business enterprises to encourage private......

Sick PSUs list is starting point for FY16 divestments

A list of 65 floundering central public sector enterprises will serve as the starting point of the government’s Rs 28,500-crore (Rs 285-billion) ‘strategic disinvestment’ plan for......

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