GREEN SHIPBUILDING
Ahead of Market: 10 things that will decide stock market action on Friday
Indian stock indices closed lower Thursday amid India-Pakistan tensions and weak global cues. Sensex fell 412 pts; Nifty dropped 141 pts on profit booking and geopolitical concerns.
Shipbuilding, maritime funds likely soon
The Indian government is poised to introduce a ₹18,090 crore shipbuilding financial assistance policy and a ₹25,000 crore maritime development fund (MDF). The MDF aims to boost Indian-flagged ships' share in global cargo to 20% by 2047, attracting ₹1.5 lakh-crore investments by 2030. Enhanced incentives for green shipbuilding, hybrid technologies, and large vessel manufacturing are also expected.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian markets closed higher for a second straight day on Tuesday, supported by FII inflows and hopes of a U.S. trade deal, though gains were limited by geopolitical tensions and mixed Q4 earnings.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets ended higher on Wednesday, led by financial stocks, amid strong domestic fundamentals like low inflation and FII inflows, despite global tariff tensions and weak Q4 earnings expectations. Analysts foresee potential rate cuts supporting further momentum.
Breakthrough: Bill Gates to sell $645 million superyacht, claims report. See if he has ever boarded it, what makes it special and who may be the new owner
Bill Gates is reportedly selling his $645 million hydrogen-powered superyacht, “Breakthrough,” without ever boarding it. The vessel, powered by liquid hydrogen and packed with luxury features, may soon be owned by billionaire Patrick Dovigi, a former hockey player, a media report said. The sale reflects Gates’ ongoing focus on philanthropy and reduced personal luxury.
Sonowal unveils advanced machinery to enhance shipbuilding capacity at Cochin Shipyard
Union Minister Sarbananda Sonowal inaugurated advanced shipbuilding machinery at Cochin Shipyard, highlighting India's self-reliance in the sector. He assessed the construction progress of India's largest Trailer Suction Hopper Dredger and presided over the steel-cutting ceremony for two Green Tugs, part of a sustainable initiative.
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AMFI reshuffle: Mazagon Dock and Global Health among 18 stocks that may be upgraded in H2 CY25
AMFI's upcoming rejig for H2 CY25 could see 18 stocks upgraded to large-cap and mid-cap segments, including Mazagon Dock and Global Health. Ten stocks may move from small-cap to mid-cap, such as Laurus Labs and Global Health. However, some stocks, including RVNL and Dabur, could be downgraded. The recategorization will be effective from August 1, 2025.
FY25 in a nutshell: Sensex, Nifty end with over 5% gains. Check FII record, sectoral snapshot
Despite volatility, Sensex gained 5.1% and Nifty rose 5.3% in FY25. March’s 6% surge offset five consecutive monthly declines. It was a roller coaster ride for the investors who had to navigate through the highs and lows. The period after October was testing and eroded most of the gains made till September. FIIs were net sellers, while DIIs provided strong support. Defence, financials, and pharma stocks outperformed, while media and energy lagged.
India aims to be among top five global shipbuilders by 2047: Waterways Minister Sarbananda Sonowal
India aims to become a top five global shipbuilding nation by 2047 through policy reforms, $20 billion investment in infrastructure, and trade route development. Minister Sonowal emphasized sustainability and green initiatives, with plans to increase cargo share and collaborate internationally on maritime innovation.
India working to become credible, competitive alternative to global shipbuilding industry: Sarbananda Sonowal
India is taking significant steps to enhance port infrastructure and boost business efficiency, as stated by the Minister of Shipping, Ports and Waterways. Efforts include the development of green hydrogen hubs, strategic trade corridors, and digitalization initiatives, aiming to position India as a leading maritime nation by 2047.
FY25 PSU stock performance worst in 3 years as 73% scrips fall up to 48%. Just 1 multibagger shines
PSU stocks are set to conclude FY25 weakly, marking their poorest performance in three years with 73% of stocks falling up to 48%. Mazagon Dock Shipbuilders stands out as the sole multibagger, while sectors like defence and power show potential for recovery. In FY26, investments in PSU theme will require a quality over quantity approach, with focus resting on stocks with strong fundamentals where performance justifies optimism.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets closed higher for the third session, led by metal and financial stocks. Bargain buying supported broader indices, though investors remained cautious ahead of the U.S. Federal Reserve’s policy decision, which could impact future interest rate trends.
GRSE, Mazagon Dock, other defence stocks soar up to 19% as sector extends 1 month gains to over 14%
GRSE Share Price: The defense sector has experienced a notable rebound in the last month, rising by 14%, and is expected to emerge as the top-performing sector by the end of the financial year.
Rang barse! 56 multibagger stocks defy market slump, soar up to 760% since last Holi
Despite market volatility, 56 stocks have retained multibagger status, delivering up to 760% returns since March 2024. Smallcaps like Ashika Credit Capital, Aayush Art, and Indo Thai Securities led gains, significantly outperforming the broader market, which returned only 1.6%. The average returns of these 1,465 stocks stand at 9.14%, thanks to the weight thrown around by the above mentioned stocks. In contrast, BSE Sensex has managed returns of just 1.6%.
GRSE, Bharat Dynamics, other defence stocks rally up to 9%. What's the trigger, should you buy?
Indian defence stocks surged on March 3, following a global rally in European defence stocks driven by growing military spending expectations. The Indian defence sector, including companies like GRSE, Bharat Dynamics, and HAL, benefited from a broader geopolitical shift, as European leaders pledged to increase defence budgets amid uncertainties over US support, positioning India’s defence industry for sustained growth.
Consortium of state-run companies to develop, run ports overseas
India is forming a state-owned consortium, Bharat Global Port Consortium, to develop and operate overseas ports. Initiatives such as the 'One Nation, One Port Process' and the Sagar Ankalan-Logistics Port Performance Index aim to enhance port efficiency and competitiveness. Budgetary measures include a ₹25,000-crore Maritime Development Fund and various incentives for the maritime sector.
Sarbananda Sonowal launches new consortium to expand port footprint, boost supply chains
Union Minister Sarbananda Sonowal launched a consortium of India Ports Global, Sagar Mala Development Company, and India Port Rail and Ropeway Corporation to expand India's maritime footprint. He also introduced initiatives like 'One Nation-One Port Process,' Logistics Port Performance Index, and the MAITRI App to standardise operations, enhance efficiency, and bolster global trade.
Centre to spend Rs 4,800 cr for waterways development in Assam in 5 years: Sonowal
Union Minister Sarbananda Sonowal announced a Rs 4,800 crore investment for developing waterways and infrastructure in Assam over the next five years. This includes building a ship repair facility, alternate roads for ports, and terminals. Additionally, a maritime education centre will be established to produce 5,000 skilled youth annually for the shipping industry.
Ready to dock: New Delhi seeks maritime makeover with Korean and Japanese partnerships
A high-level Indian delegation visited South Korea to promote India's maritime growth and seek collaborations with Korean shipbuilders. India aims to attract foreign partners to enhance its shipbuilding ecosystem as it lags far behind global leaders like China, South Korea, and Japan. The government is addressing challenges by introducing bills and pooling ship requirements to boost domestic shipbuilding.
Maersk keen to build & repair ships in India, says official
Maersk, a global shipping giant, is exploring shipbuilding and repair opportunities in India, expressing confidence in the nation's growing capabilities. This aligns with India's ambitious shipbuilding policy, which offers substantial subsidies and a ship recycling credit note scheme to boost the industry through 2034, potentially extending to 2047.
Rs 30,000 crore maritime development fund to help shipbuilding
India is launching a ₹30,000 crore Maritime Development Fund to bolster its shipbuilding industry and aims to lead the world in ship recycling by 2030. The government is also planning three mega shipbuilding clusters and extending financial assistance programs to support the industry's growth.
India has great potential to emerge as hub for green shipbuilding, says maritime expert
India has significant potential to become a hub for green shipbuilding, an expert said. The government is focusing on alternative fuels and renewable energy. Investments and technology transfer from Japanese and Korean shipyards are encouraged. The aim is to upgrade shipyards and port infrastructure. India aims to be among the top shipbuilding nations by 2030 and top five by 2047.
Catching wind in the sails, finally
India is aiming to boost its shipbuilding capacity to match its growing manufacturing trade. The government seeks investment from South Korean and Japanese ship manufacturers to establish India as a global shipbuilding hub. Efforts include subsidizing costs, ensuring demand through legislation, and improving infrastructure to attract foreign investment.
For a larger slice of global pie, India seeks anchor role to turn local shipbuilding tide
The government intended to propose a new shipbuilding policy to the cabinet, featuring a recycling credit note scheme and fixed subsidies over 10 years. The policy aimed to enhance the Indian shipbuilding sector by linking recycling benefits with domestic ship construction. The plan included creating maritime clusters in Andhra Pradesh, Gujarat, and Odisha.
New shipbuilding scheme in the works; will incentivise Indian shipyards till 2035
The Ministry of Ports, Shipping and Waterways (MoPSW) is developing a shipbuilding scheme to incentivize Indian shipyards until 2035. Ports Secretary T.K. Ramachandran aims for India to rank among the top 10 shipbuilding nations by 2030 and the top five by 2047, from 22nd currently. The policy includes financial assistance for green shipping initiatives.
New shipbuilding scheme in the works; will incentivise Indian shipyards till 2035
Responding to a question on the government's plan for green shipping, Ramachandran said the ministry will provide 30 per cent financial assistance for vessels where main propulsion is achieved by means of green fuels such as methanol/ ammonia / hydrogen fuel cells etc.
Mundra Ahoy! Adani sets sail for shipbuilding
Adani's previously unreported shipbuilding scheme is tucked away in the ₹45,000 crore expansion plan for Mundra Port that received environmental and coastal regulation zone clearance recently, according to the minutes of the Expert Appraisal Committee (EAC) attached to the ministry of environment, forest and climate change, which approved the proposal May 15.
Scope for more collaboration with Europe: Ports, Shipping and Waterways Secretary
India's maritime sector has significant growth potential, and there's room for increased collaboration with Europe, said TK Ramachandran, Secretary of the Ministry of Ports, Shipping, and Waterways. Speaking at the 2nd CII India Europe Business and Sustainability Conclave, he highlighted the India-Middle-East-Europe Connectivity Corridor's potential and opportunities for collaboration in shipbuilding and green ports.
China wants to dominate the new era of clean shipbuilding
The goal is in line with Beijing’s plans to future-proof its massive industrial complex by focusing on sectors that will gain prominence as the world tries to reduce emissions over the next few decades.
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