Media reports had suggested the Centre could dilute a 6%-8% stake in Cochin Shipyard through an offer for sale to raise more than Rs 16,000 crore ... .
The Centre on Monday dismissed reports that it was preparing to sell a stake in Cochin Shipyard Ltd, stating that no disinvestment in the state-run shipbuilder is currently under consideration, NDTV...
This technology is critical to the success of long seams and complex automated submerged arc welding (SAW) on shipyards' production lines ... With the changing demands placed on ships by busy shipyards, this flexibility becomes vital.