Business momentum is looking strongest in the ship repair area and ship repairs, defence and non-defence both are doing well, Madhu S Nair, CMD of Cochin Shipyard told CNBC-TV18.

Explosion at Cochin Shipyard; 5 dead, 11 injured

A blast at the Cochin Shipyard earlier today killed five people and injured around 11. CNBC-TV18 learns that the blast is likely to have been caused by a fire on a ship that was under repair. In an interview to CNBC-TV18, Madhu S Nair, CMD of Cochin Shipyard spoke about the unfortunate incident.

Will bring end-to-end solutions for Mumbai Port Trust post MoU: Cochin Shipyard

Cochin Shipyard has signed a memorandum of understanding (MoU) with the Mumbai Port Trust for management and operation of their ship repair facilities. The move will serve the increasing ship repair demands in Mumbai area. This is significant because the margins for ship repair, which are in the region of 30 to 33 percent, are almost three times that of shipbuilding, which stands at 11 to 12 percent. In an interview with CNBC-TV18, Madhu S Nair, CMD, Cochin Shipyard spoke about the latest happenings in his company and sector.

Looking to post sales growth of 12% in FY18: Cochin Shipyard

Cochin Shipyard posted a weak Q2. In an interview to CNBC-TV18, Madhu S Nair, CMD of the company spoke about the results and his outlook going ahead.

Keep emotions aside while investing; infra story could turn big: Porinju

Porinju who is an eternal bull on Indian markets said it is a healthy correction because the market cannot go up every day and dips like these should be used to buy stocks.