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......
Bharati Shipyard, the country's second-largest private sector ship-builder, is understood to have acquired the UK-based Swan Hunter Shipyard for an undisclosed amount. "The entire machinery and......
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......
Bharati Shipyard on Monday said it has hiked the open offer price to acquire stake in offshore service provider Great Offshore to Rs 560 per share. With the increase in offer price the size of the......
The bidding war for Great Offshore ratcheted up a notch with ABG Shipyard saying it would come out with a counter-offer to rival Bharati Shipyard's offer of Rs 560 a share announced on Wednesday......
The construction of the first indigenous offshore drilling rig is likely to be delayed as Mumbai-based Bharati Shipyard may not be able to build and deliver the jack-up rig, used to drill oil, by......