A massive 70-tonne crane under trial run in the Hindustan Shipyard Limited came crashing down on Saturday Visakhapatnam, crushing 11 victims to death in the first such mishap in the public sector......
There were 35 defects that still remained to be resolved.Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being......
The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance......
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,......
Ahead of Prime Minister Narendra Modi's visit to Russia, defence ministry's top acquisition council on Thursday cleared the purchase of an estimated Rs 40,000 crore Russian S-400 Triumf air defence......
Having survived the financial turbulence of 2008, India's Port and Shipping sector appears poised to sail into good times in the new year thanks to a slew of steps taken by the government in 2009......
The government has started the search for over two dozen board members for various public sector enterprises such as State Trading Corp, Nalco, Power Finance, NTPC and PGCIL, including at least......
Indian shipbuilders are expected to invest Rs 20,000 crore (Rs 200 billion) in the next five to six years to enable them grab the growing demand for ships from Japan, Korea and China. The scarcity......
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......
Prime Minister Manmohan Singh on Saturday announced that the port city of Visakhapatnam is a potential location for a mega special economic region, which is likely to attract investments to the......