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Wednesday, April 29, 2026
TopicMazagon Docks Limited

Topic: Mazagon Docks Limited

India hopes to seal submarine contract with Germany this fiscal, MDL pares down cost ‘significantly’

First submarine, according to RFP, must be delivered 7 yrs after contract signing with 45% indigenous content, followed by one each year until programme reaches 60% localisation.

Nod for additional Scorpene submarines still awaited, Navy & Mazagon Dockyard Ltd in limbo

Navy hoped to finalise contract before 31 March this year, it is learnt. The additional Scorpenes are expected to be larger, more capable in terms of endurance & firepower than existing 6.

India finalises deal of over Rs 36,000 cr for additional 3 Scorpene submarines

The new submarines will see certain design changes and will be similar to the one being supplied to Brazilian Navy. This also makes the 3 slightly larger than the previous 6.

Maharashtra ATS arrests Mazagon Dockyard employee for ‘sharing info with female ISI operative’

Employee allegedly shared 'sensitive' information with Pakistani operative, who contacted him on social media, between November 2021 and May 2023.

There’s a fast-growing dragon in the sea. For Navy to keep up, India must tackle key hurdles

With Beijing also developing various facilities, including a naval base, around the Indian Ocean rim, India’s navy will be challenged in its home waters before long.

Happy with response to Mazagon Dock IPO, government eyes more defence disinvestment

MDL issue was subscribed more than 157 times, which is being seen as a sign that defence as a theme is creating an interest among investors.

First Scorpene to be commissioned in December, French firm eyes follow-on order

Naval Group says it wants to continue partnership with Mumbai-based Mazagon Dock Ltd, where the six submarines are being manufactured.

On Camera

Why India should launch a gold amnesty scheme to shore up national reserves

Instead of fighting the citizens' love for gold, the government could integrate it into the formal economy through a strategic buyback.

Lesson for India from the West: AI is hollowing out white-collar jobs & birthing a new middle-class elite

Post-2022 as AI has spread in developed economies, it is leading to another round of polarisation—the middle class jobs are being lost in offices rather than in factories.

Fourth S-400 sets sail for India, to arrive by mid-May; likely to be deployed along Pakistan border

The fifth S-400 air defence system is undergoing various stages of production trials, and will be delivered by November-December this year, it is learnt.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.