New Delhi, July 15 (IANS) The Ministry of Ports, Shipping and Waterways (MoPSW) has accorded in-principle approval to two strategic maritime infrastructure projects in Gujarat under the Shipbuilding Development Scheme (SbDS), an official statement said on Wednesday.The approved projects include a greenfield shipbuilding cluster in Porbandar district and a state-of-the-art ship repair facility at Vadinar in the Gulf of Kutch, the MoPSW said.The Ministry said the approvals are part of the governme…
Latest Cochin Shipyard Ltd News & Updates
New Delhi, June 22 (IANS) The government on Monday trashed reports that it was planning an offer for sale of shares in Cochin Shipyard Ltd as part of the disinvestment programme. “No stake sale is planned in Cochin Shipyard at present,” a Finance Ministry official said, The clarification came after media reports, citing sources, said the Centre was considering an offer for sale (OFS) of a 6 per cent to 8 per cent stake in Cochin Shipyard. The reports said the transaction could raise more than Rs…