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The Defence Ministry had selected state-owned MDL for building six submarines with Air Independent Propulsion systems with German ThyssenKrupp Marine Systems as its partner in January. After being stuck for over six months, the Centre has given clearance to the Defence Ministry and Mazagaon Dockyards Limited to begin negotiations for the deal to buy six submarines to be built in India with German support under 'Project 75 India.' The Defence Ministry had selected state-owned MDL for building si ...Read More >
MUMBAI: The BJP rushed to the defence of the state government over its decision to introduce Hindi as an optional language for Classes 1 to 5 after the Thackeray cousins announced their decision to hold a joint morcha against "imposition" of Hindi in state schools.CM Devendra Fadnavis on Friday said Marathi is compulsory, Hindi is optional. "Basically, students can learn any Indian language. We have accepted the three-language policy. When NE was introduced, the Uddhav Thackeray govt was in offi ...Read More >
NEW DELHI: In a major development, Mumbai-based defence shipyard Mazagon Dock Shipbuilders Limited is poised to acquire a controlling stake in Sri Lanka's largest shipyard, Colombo Dockyard PLC (CDPLC), in a deal worth almost $53 million.The move marks the first international acquisition by India's largest shipyard that builds submarines, warships and other vessels, and will provide it with a 'strategic foothold' in the Indian Ocean Region (IOR).China, of course, has made deep strategic inroads ...Read More >
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