Centre divests 2.52% stake in Cochin Shipyard via OFS at Rs 1,400 per share

·1 views

The Indian government has launched an Offer for Sale to divest a 2.52% stake in Cochin Shipyard Limited at a price of Rs 1,400 per share. Non-retail investors will be able to place bids on July 7, 2026, while retail investors can participate on July 8, 2026. The divestment is part of the Centre's broader push to expand India's maritime ecosystem. Supporting initiatives such as the Maritime Development Fund and various financial assistance schemes are further strengthening the sector. The move aligns with the long-term Maritime Amrit Kaal Vision 2047, which targets significant growth in India's maritime industry by that year.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Andhra Pradesh Woman Allegedly Hired Hitmen Using Husband's Money to Kill Him

A woman named Hyma from Andhra Pradesh has been accused of conspiring to murder her husband, Appala Naidu. According to investigators, Hyma was allegedly involved in an extramarital affair with a man named Gangadhar. She is suspected of using her husband's own money to hire contract killers to carry out the murder. The case has been taken up by local authorities, who are investigating the circumstances surrounding the alleged plot.

0 comments Read more at NDTV

IndiaIndian Express ·

Why the Congress won’t attend UCC hearings in Rajasthan

0 comments Read more at Indian Express

IndiaIndian Express ·

India to supply 2 BrahMos missile batteries worth $200 million to Indonesia

0 comments Read more at Indian Express

IndiaNDTV ·

Indian Airlines Gradually Restore Flights as Middle East Tensions Ease

Indian aviation carriers are slowly resuming international flight operations that were reduced earlier this year. The recovery comes as geopolitical tensions in the Middle East have begun to de-escalate. Airlines had previously curtailed services due to the volatile situation in the region. Data indicates a gradual restoration of routes affected by the earlier disruptions.

0 comments Read more at NDTV