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Construction & Infrastructure News

Reliance Infrastructure to exit cement business

November 2015

Reliance Infrastructure, a part of Anil Ambani-led Reliance Group has decided to exit the cement business by selling the privately held Reliance Ceme...

Reliance Infrastructure, Anil Ambani, Reliance Group, Reliance Cements, Morgan Stanley, SBI Caps, Pipavav Defence, Cement, Offshore Engineering

Defence sector holds huge opportunity for contracting firms

August 2013

According to one estimate, the Indian defence establishment may place orders worth $247 billion in the next four years which, they say, will help the...

India, defence, sector, L&T, Pipavav Defence, order, contract

LIC ups stake in Pipav by buying Rs 171 cr worth shares

May 2012

Through an open market transaction, Life Insurance Corporation (LIC) on May 3 increased its stake in Pipavav Defence and Offshore Engineering to 5.63...

Life Insurance Corporation, Pipavav Defence and Offshore Engineering, shipbuilder, acquisition
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