Mumbai: Mazagon Dock Shipbuilders, a government-owned Indian company under the Ministry of Defence, has announced it will acquire a 51 percent controlling stake in Colombo Dockyard, a major ...

ABB has won a contract to deliver a fully integrated electrical power, propulsion and automation system for two hybrid-electric cable repair vessels being built for French shipowner Orange Marine at ...

State-run Mazagon Dock Shipbuilders Limited (MDL) has decided to acquire a controlling stake in Sri Lanka's Colombo Dockyard PLC under a USD 52.96 million deal, a move that is expected to expand India ...

June 28 (Reuters) - Indian state-owned Mazagon Dock Shipbuilders (MAZG.NS), opens new tab said it would buy a controlling stake in Sri Lankan peer Colombo Dockyard (DOCK.CM), opens new tab in a deal ...

In India’s first international shipyard acquisition, Mazagon Dock Shipbuilders Limited (MDL) last month acquired a 51% controlling stake in Sri Lanka’s Colombo Dockyard PLC (CDPLC), strengthening ...

Indian state-owned Mazagon Dock Shipbuilders said it would buy a controlling stake in Sri Lankan peer Colombo Dockyard in a deal not exceeding $52.96 million to grow its shipbuilding and repair ...

Colombo Dockyard PLC yesterday said it has received the regulatory approvals to change its financial year-end to March from December. Accordingly, its current reporting period is extended to 15 months ...

Chairman of the Ceylon Chamber of Commerce Krishan Balendra speaking at the Global Innovation & Leadership Summit held in Colombo. Image Credit: Screengrab/WION YouTube The economic ties between India ...