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(Reuters) - Auditors of Reliance Naval and Engineering Ltd have raised doubts about the Anil Ambani-led company's ability to continue as going concern, with shares plummeting to a record low on ...
After the open offer was completed, Reliance Infrastructure held 36.5% equity in Pipavav Shipyard and Anil Ambani was appointed as the chairman. [10] The company was renamed to Reliance Defence and Engineering on 3 March 2016 and again renamed to Reliance Naval and Engineering Limited on 6 September 2017. [11]
Initially, the Indian Navy signed a contract for five offshore patrol vessel to be built by the erstwhile Pipavav Shipyard now (Reliance Defence and Engineering). Numerous delays in the project, initially due to change of design partner and subsequently due to financial issues led to the cancellation of the project in October 2020. [6] [7] [8]
The Shachi-class (Project 21) was a class of naval offshore patrol vessels supposed to be built by Reliance Defence and Engineering (formerly known as Pipavav Defence and Offshore Engineering Company Limited) at its shipyard in Indian state of Gujarat. The project was scrapped by Ministry of Defense, India after an inordinate delay of 9 years. [1]
The entertainment division will be led by Kevin Vaz, who is currently the top boss at Reliance's Viacom 18 Media. Reliance, Walt Disney close $8.5 billion merger of Indian media assets Skip to ...
Reliance Defence Limited (RDL), established on 28 March 2015 as a subsidiary of Reliance Infrastructure has 11 subsidiaries in niche segments of the defence sector. RDL has organized the structure into defence, marine, and land systems with a focused approach towards aiming capabilities and developing in-house expertise in Land-based weapon ...
Presumably, the company may have also changed its name from Reliance Naval and Engineering Limited, but the cited references do not indicate this. I have cleanup up naming within the article, but when references to the new name are found, the page itself should be renamed and the official naming should be reflected in the article.
Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. [1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance ...