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'Positioned to make Pipavav the nucleus of shipping'
Mint Hyderabad
|October 20, 2025
Gujarat's Pipavav coast is gearing up to reclaim its place on the global shipbuilding map, with Swan Defence and Heavy Industries launching a multiyear investment programme to transform its shipyard into an integrated defence and commercial vessel manufacturing hub.
Since taking over Reliance Naval in January this year and renaming it Swan Defence, the firm’s promoters committed $500 million for regeneration and reconfiguration of the yard, with about $150 million already invested in acquisition and early modernization. The investment will upgrade fabrication lines, workshops, and maintenance facilities, setting the stage for the shipyard to take on both defence and commercial projects at scale.
Denne historien er fra October 20, 2025-utgaven av Mint Hyderabad.
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FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
Do tariffs work?
With trade tensions between the US and China flaring up again, the spotlight is on how their game of mutually assured disruption plays out.
1 min
October 22, 2025
Mint Hyderabad
Keppel buys 49% in Cleantech, takes control
cation,” a Shell spokesperson said in an emailed response.
1 mins
October 22, 2025
Mint Hyderabad
CCI clears Torrent's JB stake buy proposal
Fair trade regulator Competition Commission of India (CCI) on Tuesday cleared Torrent Pharmaceuticals Ltd's proposed acquisition of a stake in JB Chemicals and Pharmaceuticals, subject to voluntary modifications offered by the companies.
1 min
October 22, 2025
Mint Hyderabad
'Balanced India-US portfolios fared better'
Saurabh Mukherjea has a simple message for investors in Indian equities: it's time to look beyond. The chief investment officer and co-founder of Marcellus Investment Managers believes that with jobs in India drying up due to the US tariffs, consumption slowdown and tepid corporate earnings, it “will be tough for a market already trading at record-high valuations to move any further”.
2 mins
October 22, 2025
Mint Hyderabad
NITI Aayog proposes new panel to supercharge net-zero push
India’s top government think-tank has called for setting up a panel to guide policy and coordinate multi-ministry efforts on climate action and energy transition, two people aware of the development said.
1 mins
October 22, 2025
Mint Hyderabad
The Jio tariff hike everyone expected isn't coming—yet
The company has instead chosen to grow revenue by driving users to consume more data
2 mins
October 22, 2025
Mint Hyderabad
Reliance seeks to buy Middle East oil
Reliance Industries Ltd bought Middle Eastern crudes last week and may place more orders, ina sign that Western pressure against Russian flows may be starting to impact its procurement patterns.
1 min
October 22, 2025
Mint Hyderabad
Deloitte's AI debacle in Australia isa warning for all early adopters
That a report riddled with AI hallucinations was sent to a government should be a wake-up call
3 mins
October 22, 2025
Mint Hyderabad
Jio-BP’s Q2 petrol, diesel sales up 34%
Jio-BP, the fuel retailing joint venture of Reliance Industries and super major BP, clocked a 34% rise in petrol and diesel sales in the September quarter as the joint venture aggressively expands its retail network.
1 min
October 22, 2025
Mint Hyderabad
Recent Nobel prizes for economics seem rich in irony
This year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded “for having explained innovation-driven economic growth,” with one half to Joel Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Philippe Aghion and Peter Howitt “for the theory of sustained growth through creative destruction.”
3 mins
October 22, 2025
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