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Marine Electricals (India) Ltd receives massive defense dector orders of Rs 81 18 crore from GRSE

Marine Electricals (India) Ltd. receives massive defense sector orders of Rs 81.18 crore from GRSE ANI | Updated: Mar 10, 2021 11:01 IST Mumbai (Maharashtra) [India], March 9 (ANI/NewsVoir): NSE listed Marine Electricals (India) Limited, an integrated technology solution provider in the field of electrical automation, announced the receipt of the letter of acceptance aggregating to Rs 81.18 Crore from Garden Reach Shipbuilders & Engineers (GRSE) for the supply & service of Integrated Bridge System (IBS) for Anti-submarine Warfare Shallow Water Craft (ASW SWC) Project. The overall Order Book for the Company stands at Rs 426.87 crore, which forms ~ 1.5 times FY20 marine revenue. Total Order book includes orders of Rs 290.28 crores from marine segment and Rs 136.59 crores from industrial segments.

GRSE Lays Keel of 3rd Ship of Prestigious Project 17A Advanced Stealth Frigate

GRSE Lays Keel of 3rd Ship of Prestigious Project 17A Advanced Stealth Frigate Posted On: 2021-03-06 04:51:36 (Time Zone: Arizona, USA) Garden Reach Shipbuilders and Engineers Limited (GRSE) achieved a major milestone with laying of the Keel of Yard 3024 a ship of the Advanced Stealth Frigate Project, P 17A. As per GRSE tradition, the Keel was laid by a senior operative Shri. Mithailal Pasi, Structural Fitter of Shipbuilding Shop at the Main Works Unit of GRSE, in the august presence of Vice Admiral Sandeep Naithani, AVSM, VSM, Controller of Warship Production & Acquisition (CWP&A), Indian Navy and Rear Admiral GK Harish, VSM, Director General of Naval Design. The occasion was graced by Rear Admiral VK Saxena, IN (Retd.), Chairman & Managing Director, GRSE, Cmde. Sanjeev Nayyar, IN (Retd), Director (Shipbuilding), Cmde. PR Hari, IN (Retd), Director (Personnel) and Shri. RK Dash, Director (Finance)and other senior officials of the Indian Navy and GRSE.

Confidence Group condoles death of its director Shah Muhammed Hasan-538284

Confidence Group condoles death of its director Shah Muhammed Hasan Sun Online Desk 27th February, 2021 06:30:53 Confidence Group has condoled the death of its director Mr Shah Muhammed Hasan and has sought eternal peace for the departed soul. Mr. Hasan passed away last night (26th February 2021) around 9:00 PM at Evercare Hospital, Dhaka due to complications in the lungs. Mr. Hasan’s Namaj-e-Janazah (funeral prayer) was held at 8:30 AM today (27th February 2021) at Naval Graveyard, Banani. His burial will take place today at his village home in Cumilla. In a condolence message the Group said, “It is a great loss for the Confidence Group and our country. Mr. Hasan joined Confidence Group in 1992 as a Sponsor Director of Confidence Cement Ltd. and has been a director ever since. In the meantime, he also began serving as a Director for Prime Insurance Company Ltd. Apart from Confidence Cement Ltd, He is also a Director of Confidence Infrastructure Ltd., Confidence Batteries L

IRClass Review of 2020 and Outlook for 2021 – The road to revitalisation | Hellenic Shipping News Worldwide

IRClass Review of 2020 and Outlook for 2021 – The road to revitalisation 2020 brought about an unprecedented situation in the form of the pandemic. Indian Register of Shipping (IRClass) responded swiftly by taking a pragmatic and practical approach in maintaining its services to its clients during this period of global restriction in population movement to reduce the spread of COVID-19. IRClass Executive Chairman Mr Arun Sharma, as Chairman of the International Association of Classification Societies (IACS), led the organisation’s rapid response to assist the industry during the lockdown period. The first wave of mitigative measures which included maintaining the validity of certificates and allowing the sharing of IACS members’ exclusive surveyors, were quickly implemented to allow ships to continue operations and hence, facilitating trade.

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