Ship maker GRSE Q2 net profit up 362% at Rs 59.02 crore  

New Delhi: Warship builder Garden Reach Shipbuilders & Engineers Limited (GRSE) on Friday posted a growth of 362 per cent in its net profit at Rs 59.02 crore for the quarter ended on September 30 against Rs 12.78 crore in the same quarter previou...

MoD issues RFP for 4 shipbuilding worth Rs 15000 crore for navy and coast guard

New Delhi: In a significant development in the indigenous shipbuilding, Ministry of Defence has issued four shipbuilding Requests for Proposal (RFP) amounting to Rs 15,000 crore for the acquisition of various ships and craft for the Navy and the Co...

Government awards contract worth Rs 6,311.2Cr to GRSE for 8 ASWSWCs

The government has awarded a contract worth Rs 6,311.32 crore to Garden Reach Shipbuilders & Engineers Limited (GRSE) to build eight Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs) for Indian Navy. It may be noted that the Reques...

Pakistani snipers posing threat at LoC

While India’s neighbouring countries are busy strengthening their Armed Forces, the Indian Army is still struggling to induct Sniper rifles into its stable. Since last few years, the Army is facing problems at the Line of Control (LoC) in ...