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  • Expect revenue to grow by 15% in FY18: BEL

    In an interview to CNBC-TV18, MV Gowtama, CMD of Bharat Electronics Ltd (BEL) spoke about the latest happenings in his company and sector.

  • Cabinet policy to make cos globally competitive:Pipavav Def

    Cabinet policy to make cos globally competitive:Pipavav Def

    Cabinet, on Wednesday, cleared a Rs 4,000 crore aimed at boosting shipbuilding and ship repair industry in the country.

  • To be debt free by Mar'17; cement biz sale by Dec:Rel Infra

    To be debt free by Mar'17; cement biz sale by Dec:Rel Infra

    Lalit Jalan says Reliance Infrastructre will focus on defence, and expects the company to be debt free by March 2017. The company will also look for opportunities in the EPC space, Jalan says.

  • Exiting Rel Infra CDR to help bag defence projects: Pipavav

    Exiting Rel Infra CDR to help bag defence projects: Pipavav

    Nikhil Gandhi, Chairman of Pipavav Defence told CNBC-TV18 that exiting CDR will help the company bag larger projects in defence and related sectors.

  • Slippages to reduce in days ahead; economy is reviving: SBI

    Slippages to reduce in days ahead; economy is reviving: SBI

    Bhattacharya did not specify a timeline for taking SBI Life public, but said SBI will approach the market when conditions are favourable.

  • CARE stake sale to aid CAR, awaiting Pipapav CDR nod: IDBI

    CARE stake sale to aid CAR, awaiting Pipapav CDR nod: IDBI

    After negotiating for bulk sale, IDBI offloaded 10 percent in CARE to LIC for Rs 421 crore. The bank's deputy MD BK Batra informed that the bank has strategic stake in various companies which are quite valuable today.

  • Will downgrade Rel Infra again if debt doesn‘t fall: IndRa

    Will downgrade Rel Infra again if debt doesn‘t fall: IndRa

    India Ratings has downgraded Reliance Infrastructure to 'A+' from 'AA-' post Pipavav acquisition. In an interview to CNBC-TV18, Rakesh Valecha, Senior Director and Head of Corporates at India Ratings, said he expects Reliance Infra‘s debt/EBITDA to fall below 5x.

  • ‘Rel Infra-Pipavav together share vision for infra growth'

    ‘Rel Infra-Pipavav together share vision for infra growth'

    This is the first big deal after the government opened up defence sector and both the companies have a shared vision for infrastructure growth, said Nikhil Gandh of Pipavav Defence.

  • M&M, Pipavav deal positive if it materialises: KPMG

    M&M, Pipavav deal positive if it materialises: KPMG

    The deal, that reports suggest is worth Rs 3000 crore, is said to happen in three steps that will later lead to an open offer.

  • Defence deal boost: Pipavav puts in bids of Rs 30,000 cr

    Defence deal boost: Pipavav puts in bids of Rs 30,000 cr

    The industry is delighted to see government thrust on defence orders, says Nikhil Gandhi, Chairman, Pipavav Defence adding that he expects clearance for more such proposals for Army, Navy and Air Force.

  • Pipavav in talks with French ship builder for stake sale

    Pipavav in talks with French ship builder for stake sale

    Nikhil Gandhi, chairman, Pipavav Shipyard told CNBC-TV18 that the promote stake after the deal will come down to 41 percent from 45 percent initially.

  • Order book seen at Rs 15k -17k cr in 3-6 months: Pipavav

    Order book seen at Rs 15k -17k cr in 3-6 months: Pipavav

    Nikhil Gandhi, chairman, Pipavav Defence told CNBC-TV18 that the company‘s order book has now reached to Rs 8,500 crore. Further, it is likely to reach Rs 15,000-17,000 crore in three-six months.

  • Pipavav Defence sees order book improvement in two quarters

    Pipavav Defence sees order book improvement in two quarters

    Pipavav Defence and Offshore Engineering expects significant improvement in the order book in two quarters, Chairman Nikhil Gandhi pointed out. Defence orders to drive order inflow in coming quarters, he added.

  • Expect to get clearance from defence ministry soon: Pipavav

    Expect to get clearance from defence ministry soon: Pipavav

    Shares of Pipavav Defence sank over 3.5% in morning trade on Tuesday, after its joint venture with Mazagon Dockyard was put on hold by the Defence Ministry.

  • SKIL Infra to raise funds via long-term debt

    SKIL Infra to raise funds via long-term debt

    Nikhil Gandhi, group chairman of SKIL Infra, in an interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, said that the company is planning to raise funds through long-term debt to meet requirements.

  • Shipping Corp eyes stake in Bharti, Pipavav & ABG shipyards

    Shipping Corp eyes stake in Bharti, Pipavav & ABG shipyards

    Navratna public company, Shipping Corporation of India, is planning to buy stakes in shipyards like Bharti Shipyard and Pipavav Shipyard. In an interview with CNBC-TV18's Gautam Broker and Soniya Shenoy, S Hajra, chairman and managing director of Shipping Corporation of India spoke about the company's stake buying ventures.

  • Will repay complete debt of SKIL Infra: Pipavav Shipyard

    Will repay complete debt of SKIL Infra: Pipavav Shipyard

    Nikhil Gandhi, Chairman, Pipavav Shipyard in an interview with CNBC-TV18, said that the company is committed to repay USD 250 million debt which was secured for the fusion stake of Punj Llyod in Pipavav Shipyard. The company is in the process of raising the money from the open market for the same.

  • It's stake sale by investor, not equity dilution: Pipavav

    It's stake sale by investor, not equity dilution: Pipavav

    Nikhil Gandhi, chairman, Pipavav Shipyard, talks to CNBC-TV18 about the expected stake sale of the company and highlights the way forward.

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