All Above Board | Anil Ambani’s defence shipbuilding play

SOURCE : LIVEMINT When the Anil Ambani-led Reliance Infrastructure Ltd virtually threw a lifeline on 4 March to cash-strapped Pipavav Defence and Offshore Engineering Co. Ltd, it placed a calculated bet on a business now considered to be a sunrise sector—defence shipbuilding. Pipavav Defence has a government permit to build warships and has tie-ups with […]



from idrw.org http://ift.tt/1NR33mZ

via IFTTThttp://idrw.org