Talks for acquiring additional Kalvari-class Scorpene submarines have reportedly seen progress, with MDL in advanced discussions for a potential Rs 35,000-cr deal for three stealthy vessels

Marvel Decor Ltd. is trading below its 150 day SMA of 100.5

Marvel Decor Ltd.

18 Jun 2024

100.35

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S Korean soldiers fire warning shots after N Korean troops' intrusion

Business Standard

South Korean soldiers on Tuesday fired warning shots to repel North Korean soldiers who temporarily crossed the rivals' land border for the second time this month, South Korea's military said. South Korea's Joint Chiefs of Staff said around 20 to 30 North Korean soldiers, while engaging in unspecified construction work on the northern side of the border, briefly crossed the military demarcation line that bisects the countries as of 8:30 a.m. It said the North Korean soldiers retreated after the South broadcasts warnings and fired warning shots and the South's military didn't spot any suspicious activities after that. The South also fired warning shots on June 11 after another group of North Korean soldiers briefly crossed the MDL. The Joint Chiefs of Staff said that Tuesday's incident occurred in a different area along the central frontline region. It said it doesn't believe the North Korean soldiers intruded the border intentionally and that the North did not return fire. The South

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Marvel Decor Ltd.

07 Jun 2023

100.35

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MDL, Thyssenkrupp Marine Systems sign MoU to bid for 6 submarines Navy wants

Business Line

As per the MoU, Thyssenkrupp would offer engineering and design and Mumbai-based MDL will be constructing the six submarines for acquisition by Navy, say sources

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Thyssenkruppe partners MDL for potential Indian Navy submarine order

Business Standard | 07 Jun 2023

Marvel Decor Ltd.

19 May 2023

100.35

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Navy's Submarine Vaghsheer begins sea trials, to be commissioned next year

Business Standard

The Indian Navy's sixth and final Kalvari class submarine, Vaghsheer, has begun its sea trials and is expected to be commissioned into the force by early next year. The commissioning of the submarine, built under Project-75, is set to enhance the Navy's combat capability at a time when China has been increasing its presence in the Indian Ocean region. "The sixth submarine of Project-75 commenced her sea trials on May 18," the Navy said. Vaghsheer is scheduled for delivery to the Indian Navy in early 2024 after completion of the sea trials. The submarine was launched in April last year from the Kanhoji Angre Wet Basin of the Mazagon Dock Shipbuilders Limited (MDL). India has been focusing on bolstering its maritime capability with a focus on the Indian Ocean in the backdrop of concerns over China's growing forays into the region, considered the backyard of the Indian Navy. The Project-75 includes indigenous construction of six submarines. The submarines are being constructed at t

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Marvel Decor Ltd.

11 Sep 2022

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Navy launches stealth frigate Taragiri, built by Mazagon Dock Shipbuilders

Business Standard

'Taragiri', the third stealth frigate of the Indian Navy's Project 17A, was launched in Mumbai on Sunday, the Mazagon Dock Shipbuilders (MDL) said. This ship has been built using an integrated construction methodology which involves hull block construction in different geographical locations and integration and erection on the slipway at the MDL, it said in a statement. "In compliance with the notification issued by the Ministry of Home Affairs, the Government of India declaring a state mourning on September 11 (due to the passing of Queen Elizabeth II), the event was limited to a technical launch. As the event is tide dependent, any change in the schedule was not possible," the MDL said. The ship was named by Charu Singh, President, Navy Wives Welfare Association (Western Region), wife of vice admiral Ajendra Bahadur Singh, FOC-in-C Western Naval Command, who was the chief guest. The keel of 'Taragiri' was laid on September 10, 2020. The ship is expected to be delivered by August

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Marvel Decor Ltd.

17 May 2022

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Rajnath Singh launches 2 indigenously built warships

Moneycontrol

This is the first time that the two indigenously built warships have been launched concurrently, the Mazgaon Dock Shipbuilders Ltd (MDL) said.

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Marvel Decor Ltd.

20 Apr 2022

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US team to explore maintenance of its vessels at Indian shipyards: Official

Business Standard

We have said we can completely take care of those ships whose length is less than 200 metres, the MDL chief had said during an interaction with reporters last week