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warships in India

24 Dec 2015

Anil Ambani-led Reliance Defence partners Russian firm for ‘Make in India’ warships

An agreement regarding the deal is likely to be signed during the Prime Minister Narendra Modi’s Russia visit today.

Reliance Infrastructure

16 Dec 2015

RInfra buys additional 17% stake in Pipavav for Rs 850 crore

In March, the Anil Ambani group firm had announced plans to acquire a controlling stake in Pipavav Defence for up to Rs 2,082 crore.

Pipavav Defence & Offshore Engineering

26 Nov 2015

Pipavav Defence to exit CDR post RInfra's open offer

Pipavav Defence & Offshore Engineering plans to exit the corporate debt restructuring (CDR) package, post Reliance Infrastructure open offer.

Pipavav Defence

17 Nov 2015

Shares of Pipavav Defence surge over 5% on open offer

Shares of Pipavav Defence and Offshore Engineering Tuesday settled with gains of over 5 percent after Reliance Infrastructure said it will make an open offer to acquire an additional 26 percent in the company.

Pipavav Defence

17 Nov 2015

Pipavav Defence jumps over 6% on Reliance Infra open offer

The Rs 1,263-crore open offer is scheduled to start on December 2.

16 Jul 2015

Anil Ambani announces Rs 5,000 crore new defence investment

With the recent acquisition of Pipavav Defence, Reliance Group chairman Anil Ambani announced on Thursday that an additional investment of Rs 5,000 crore will be made as part of India`s emphasis on 'Make in India' for military hardware and cut imports.

16 Jul 2015

Russia chooses Reliance Group for 'Make in India' frigates

They will be upgraded versions of Talwar-class ships, or the Russian equivalent of Krivak-III.

Pipavav Defence

30 May 2015

Pipavav Defence Q4 net loss at Rs 236.04 crore

Pipavav Defence and Offshore Engineering Company Ltd on Saturday reported a standalone net loss of Rs 236.04 crore for the quarter ended March 31, on the back of sharp decline in income from operations.

07 May 2015

Reliance Infrastructure-Pipavav Defence deal clears CCI test

Anti-trust watchdog CCI has approved Reliance Infrastructure's proposed acquisition of controlling stake in Pipavav Defence and Offshore Engineering in a Rs 2,000-crore deal.

Pipavav Defence

10 Mar 2015

Pipavav deal: Reliance Infra makes Rs 1,263-cr open offer

Taking forward its proposed takeover of Pipavav Defence, Reliance Infrastructure Tuesday made an open offer for acquisition of further 26 percent stake from public shareholders for Rs 1,263 crore.

08 Mar 2015

Pipavav to become top defence manufacturer: Anil Ambani

Within days of acquiring controlling stake in Pipavav Defence and Offshore Engineering, Reliance Group chief Anil Ambani Sunday said he will make it the country's biggest defence manufacturer.

Pipavav Defence

08 Aug 2014

Pipavav Defence mulling strategic tie up with European companies

Two days after the Narendra Modi led NDA-2 govt opened up the defence sector to FDI upto 49 percent, an Indian defence major is mulling a strategic tie up with some European defence manufacturing companies.

07 Aug 2014

Defence firms pare early gains; down over 2% on profit-booking

Paring their initial gains, shares of defence equipment makers ended with losses Thursday, down more than 2 percent, mainly on profit-booking in an overall weak stock market.

27 Jun 2014

Midcap crash: Sebi revokes orders against 8 entities

Sebi has revoked its orders that had barred eight entities from the capital markets in a matter related to sharp plunge in share prices of some mid-cap stocks such as Parsvnath, Tulip Telecom and Pipavav Defence.

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