Garden Reach Shipbuilders Bags Order for Two Coastal Research Vessels
State-run Garden Reach Shipbuilders & Engineers announced on June 11 that it has signed a contract to build two coastal research vessels (CRVs) for the Geological Survey of India (GSI). Each vessel will measure 64 metres in length and 12 metres in width, with a deadweight tonnage of approximately 450 tonnes. Designed for 15 days of endurance, the CRVs will be capable of achieving a top speed of 10 knots and will accommodate 35 personnel on board.The vessels are intended for offshore geological mapping, mineral exploration including dredging, and ocean environment monitoring and research. T..
Shree Cement banks on pricing strategy to boost FY26 growth
Shree Cement has outlined its strategy for FY26, aiming to enhance profitability through improved pricing rather than focusing on volume growth. The company anticipates only a modest increase in sales volumes, around 2–4 per cent, but expects price hikes of 5–6 per cent to drive overall revenue growth by approximately 9 per cent.The company is confident it can maintain an average EBITDA per tonne of around Rs 1,400 this year, supported by better pricing and stable costs.Although demand dipped slightly in May due to heatwaves and regulatory restrictions in parts of Rajasthan and Punjab, Shr..
Manohar Lal reviews power and urban development progress in J&K
Union Minister of Power and Housing & Urban Affairs, Manohar Lal, conducted a comprehensive review of the power and urban development sectors for the Union Territory of Jammu & Kashmir in Srinagar. The review meeting was attended by Jammu & Kashmir Chief Minister Omar Abdullah, Advisor to the CM Nasir Aslam Wani, the Chief Secretary of the UT, senior officials from the Government of India and the UT administration, as well as representatives from state power utilities and Central Public Sector Enterprises (CPSEs).Key issues concerning the power sector in the UT were discussed durin..
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