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......
Issue SummaryType100% book building Min. subscription100 sharesSizeRs 687 m to Rs 825 m (based on the range of Rs 55-Rs 66 per share)Lead ManagersSBI Capital Markets, Enam Financial......
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing......
Indian shipbuilding industry is a minor player with an early single digit market share in the global shipbuilding market. Given the fact of excess capacity in the global ship building market......
As large companies stole headlines after Budget proposals being positive for many, smaller ones went unnoticed. But if markets are right, many of the smaller companies are worth considering as they......
The Reserve Bank of India has proposed a steep rise in the provisioning requirement for loan restructuring - to 5 per cent from April 1, against 2.75 per cent at present.The new norms would be......