Anil Ambani announces Rs 5,000 crore new defence investment

Last Updated: Thursday, July 16, 2015, 23:40

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.

Russia chooses Reliance Group for 'Make in India' frigates

Last Updated: Thursday, July 16, 2015, 13:45

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

Pipavav Defence Q4 net loss at Rs 236.04 crore

Last Updated: Saturday, May 30, 2015, 19:00

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.

Reliance Infrastructure-Pipavav Defence deal clears CCI test

Last Updated: Thursday, May 7, 2015, 17:39

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

Last Updated: Tuesday, March 10, 2015, 20:05

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.

Pipavav to become top defence manufacturer: Anil Ambani

Last Updated: Sunday, March 8, 2015, 19:09

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.

Reliance Infra acquires Pipavav Defence for up to Rs 2,082 cr

Last Updated: Wednesday, March 4, 2015, 19:52

In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure Wednesday announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.

Pipavav Defence wins Rs 1,160 cr contract from European client

Last Updated: Monday, June 17, 2013, 15:47

The value of the contract is Rs 1,160 crore to be delivered over next 12-16 months, the company said in a filing to the BSE.

FIPB to consider 26 FDI proposals today

Last Updated: Wednesday, March 13, 2013, 08:58

The Finance Ministry on Wednesday will consider 26 proposals of foreign direct investment (FDI), including that of Punj Lloyd and Pipavav Defence and Offshore Engineering Company.

CCI approves SAAB's stake purchase in Pipavav Defence

Last Updated: Friday, January 4, 2013, 23:05

Fair trade regulator Competition Commission of India (CCI) has approved the proposed acquisition of 3.33 percent stake in Pipavav Defence and Offshore Engineering Company by Swedish defence firm SAAB AB.

Pipavav Defence bags Rs 400-cr contract from ONGC

Last Updated: Monday, December 31, 2012, 14:38

"The oil rig namely Sagar Laxmi is one of the critical oil rigs of ONGC for its offshore operations. The value of the contract is approximately Rs 400 crore," Pipavav said in a filing to the BSE.

Midcap crash: Sebi bars 19 entities from securities market

Last Updated: Friday, August 3, 2012, 21:14

Market regulator Sebi on Friday barred 19 entities from the securities market after an initial probe into the recent share price plunge in some mid-cap stocks, including Parsvnath, Tulip Telecom and Pipavav Defence.