The Government holds a 72% stake in Cochin Shipyard through the Ministry of Shipping. The company has a facility to construct ships weighing upto 1.1 lakh dead weight tonnes. It has a track record of constructing 175 vessels, and prior experience of building an aircraft carrier. It is therefore well placed to win the order of a new aircraft when it will be awarded.
Nithin Kamath says new UPI charges on investing, broking don’t make sense: ‘I don’t see how we can absorb this indefinitely’
Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfer funds without