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KMEW acquires 15 acres prime waterfront land at Saphale, Maharashtra
Knowledge Marine & Engineering Works (KMEW) announced the acquisition of ~15 acres of prime waterfront land (with an additional 5-acre expansion option) at Saphale, Palghar, Maharashtra. Executed through its subsidiary, Knowledge Shipyard, the acquisition marks a pivotal step in KMEW's evolution into a technology-driven, sustainable shipbuilding enterprise.
Middle East tensions: Indian insurers review marine cargo exposure, ICICI Lombard hikes war-risk premium
Indian insurers are reviewing marine cargo exposures in the Persian Gulf, Strait of Hormuz, and Red Sea due to escalating geopolitical tensions. ICICI Lombard is assessing shipments and introducing a 0.25% war-risk premium for Gulf-linked cargo, while existing policies remain in force. This reassessment aims to manage risks and ensure compliance with war-risk provisions.
Hindustan Aeronautics shares in focus after ₹2,901 crore order win from Defence Ministry
The induction of these helicopters aims to enhance the Indian Coast Guard's capabilities for safety of artificial islands, offshore installations, fishermen and the marine environment.
Stocks to Watch Today: Craftsman Automation, JSW Infra, Bharat Electronics, Apar Industries, Hindustan Zinc, Horizon Reclaim in focus on 23 June
Stocks to Watch, 22 Jun: Stocks like Craftsman Automation, JSW Infrastructure, Vodafone Idea, Bharat Electronics, Apar Industries, Hindustan Zinc, Info Edge India, Lemon Tree Hotels, Yash Highvoltage, and Knowledge Marine & Engineering Works will be in focus on June 22.
Bharat Forge shares in focus on securing ₹425 crore contract from Ministry of Defence
Bharat Forge Share Price | The order marks Bharat Forge's entry into the marine gas turbine business.