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Examples
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Jhunjhunwala likely to buy stake in Pipavav Shipyard
Deals India: Morning News Roundup Deals India Staff 2011
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The equally held joint venture, to be named Mazagon Dock Pipavav Ltd., was supposed to implement part of Mazagon Dock's one trillion rupees $20 billion of existing orders and also bid for future defense contracts in India, Pipavav Chairman Nikhil Gandhi had said earlier this month.
India Defense Ministry Puts Warship Venture on Hold Anirban Chowdhury 2011
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He said Pipavav has orders outstanding of $1.5 billion, of which 42% comprise defense contracts.
Pipavav Defence, Mazagon Dock to Jointly Build Warships Anirban Chowdhury 2011
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He said Mazagon Dock Pipavav will build the warships at Pipavav's shipyard in western India's Gujarat state.
Pipavav Defence, Mazagon Dock to Jointly Build Warships Anirban Chowdhury 2011
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Mr. Gandhi said Pipavav has spent $750 million of its total committed investment of $1 billion to build warships, including building a second dry dock at its Gujarat facility.
Pipavav Defence, Mazagon Dock to Jointly Build Warships Anirban Chowdhury 2011
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Shares of Pipavav Defence, formerly known as Pipavav Shipyard Ltd., surged as much as 12.5% on the news.
Pipavav Defence, Mazagon Dock to Jointly Build Warships Anirban Chowdhury 2011
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MUMBAI -- Pipavav Defence and Offshore Engineering Co. said Monday it will form a joint venture with state-run Mazagon Dock Ltd. to build warships, a move that will help the private shipbuilder leapfrog into the vast market for naval vessels in India and overseas.
Pipavav Defence, Mazagon Dock to Jointly Build Warships Anirban Chowdhury 2011
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Establishing the partnership with Mazagon Dock will help Pipavav tap large government contracts for defense ships as well as submarines, boosting its revenue and ship-building capabilities.
Pipavav Defence, Mazagon Dock to Jointly Build Warships Anirban Chowdhury 2011
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The equal joint venture--to be named Mazagon Dock Pipavav Ltd.--will implement part of the existing orders of Mazagon Dock of 1 trillion rupees $21.69 billion and also bid for future defense contracts in India, Nikhil Gandhi , chairman of Pipavav Defence, told a news conference.
Pipavav Defence, Mazagon Dock to Jointly Build Warships Anirban Chowdhury 2011
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He said also that Pipavav will appoint bankers soon for a proposed share sale overseas but declined to elaborate.
Pipavav Defence, Mazagon Dock to Jointly Build Warships Anirban Chowdhury 2011
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