Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

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......

What will IAF do with Air India's A-320s?

The airliners will be withdrawn from Air India, sent to France to fit airborne radars, then handed over to DRDO to be integrated with the complex software that will allow these aircraft to function......

Navy, Coast Guard rescue 317 from 2 barges that went adrift

Battling extreme weather, the Indian Navy and Coast Guard have so far rescued 317 people on board two barges that went adrift in the Arabian Sea near Mumbai hours before Cyclone Tauktae made......

Anil Ambani writes letter to Rahul Gandhi on Rafale deal

Billionaire Anil Ambani has written to Congress chief Rahul Gandhi refuting allegations of his Reliance Group lacking experience to get the Rafale fighter jet deal and said the government had no......

Gujarat Pipavav up 22% on BSE, NSE debut

The country's first private sector port, Gujarat Pipavav Port, which made a stellar listing on the bourses on Thursday, said it expects to clock around a 65 per cent growth in container trade in......

Private, state ports' growth outpaces central counterparts till Q3 FY24

India’s private and state government-owned ports (non-major ports) continued to grow faster than those owned by the Centre (major ports) through the first three quarters of 2023-24 (FY24),......

Danish group to invest Rs 1,000 crore in Pipavav

Maersk Sealand, a part of Danish shipping major A P Moller group, along with some other investors, has decided to invest close to Rs 1,000 crore (Rs 10 billion) in Gujarat Pipavav Port Ltd. The......

India may see strongest earnings growth globally: Credit Suisse

India's economy will see the fastest dollar nominal growth in the world in 2015, Credit Suisse says.   Given growth outlook, equity market is not expensive in both absolute and relative......