As the premier shipbuilding yard in India, Mazagon Dock (MDL) manufactures warships and submarines. The PSU has also embarked on a diversification drive by reviving its ship repairs & maintenance unit besides venturing into the business of shipping container manufacturing and has already bagged two orders from CONCOR.
FPIs open March with largest daily pullout in 4 months
Foreign investors pulled out a significant $751.4 million from Indian equities on March 2, ending a strong February inflow. This reversal, driven by escalating Middle