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I for I: India set to arm Indonesia to counter misadventures in Indo-Pacific In a historic move, Mazagon Dock Shipbuilders Limited (MDL) has inked a $52.96 million deal to acquire a controlling stake in Sri Lanka's premier dockyard, Colombo Dockyard PLC (CDPLC). This marks MDL's first international acquisition, signalling India's intent to establish a strategic maritime presence in the Indian Ocean particularly significant amid intensifying Chinese influence in the region. The deal, finalised t ...Read More >
Monaco, June 8 (SocialNews.XYZ) Norway's Minister of International Development, Asmund Grover Aukrust, at a meeting with India's Minister for Earth Sciences Dr Jitendra Singh on board the historic ship "Statsraad Lehmkuhl" in Monaco, conveyed his country's solidarity with India, in the light of the happenings in Jammu & Kashmir in recent weeks. Dr Jitendra Singh acknowledged Norway's support, in response to which Aukrust said that they eagerly looked forward to Prime Minister Narendra Modi's vi ...Read More >
NEW DELHI, June 7 : Union Minister of Earth Sciences (Independent Charge) Dr Jitendra Singh today left for France to lead a high-level official Indian delegation. Scheduled to be held at the French picturesque coastal city of Nice, the Minister will represent India at the "United Nations Ocean Conference" (UNOC3) taking place from June 8 to 13. The high-level international gathering will bring together leaders, scientists, policymakers, and civil society actors from across the globe to discuss ...Read More >
Garden Reach Shipbuilders & Engineers (GRSE), a Kolkata-based defence firm is betting big on expanding its offshore footprint. From signing a pact with Dubai based firm for new offshore projects to inking partnership with global engine manufacturer, the company has a strong pipeline of new orders. As part of its efforts to enter the offshore construction sector, GRSE also signed a Memorandum of Understanding (MoU) with Aries Marine, a Dubai-based engineering and design firm. The MoU aims to id ...Read More >
Garden Reach share price has rallied a staggering 113 percent since the start of the year. Shares of Garden Reach Shipbuilders & Engineers (GRSE) climbed percent as much as 5 percent to hit a fresh 52-week high of Rs 3,521 in morning deals on Thursday after the defence PSU announced fresh global collaborations aimed at expanding its presence beyond military platforms. In a regulatory filing, GRSE said it has entered into a memorandum of understanding (MoU) with Hamburg-based Carsten Rehder for ...Read More >
NEW DELHI: Pakistan is choosing weapons over the welfare of its people despite its precarious economic condition, Admiral Dinesh Tripathi said on Monday, adding that India is tweaking its operational plans and strategy to tackle the expanding collusiveness between Islamabad and Beijing in the maritime domain after the land borders. "We are keeping a watch on extra-regional forces in the IOR, including the PLA Navy, their warships and research vessels, and know what they are doing and where they ...Read More >
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