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Mazagon Dock Shipbuilders Limited (MDL), a shipbuilding company managed by India’s Defence Ministry, has announced that it is in the process of acquiring a majority stake in Sri Lanka’s Colombo ...

Colombo Dockyard yesterday voiced concern over the recent spike in its share price, calling the activity “unusual and inexplicable” at a time when the company’s financial distress has been well ...

The Colombo Stock Exchange (CSE) saw early optimism quickly evaporate yesterday, closing in negative territory as investor sentiment was hit by a perfect storm of company-specific woes and ...

Colombo Dockyard PLC recently delivered the first-ever Cable Laying and Repair Vessel (CLRV) to the European market from Sri Lanka.The vessel was built for Orange Marine, a France-based specialist in ...

The board of directors of India’s Mazagon Dock Shipbuilders has approved the acquisition of a controlling stake in Colombo Dockyard (CDPLC) in Sri Lanka. The investment will not exceed Rs4.52bn ...

Mazagon Dock Shipbuilders (MDL) has agreed to acquire a controlling 51% stake in Sri Lanka's largest and most established shipyard Colombo Dockyard for a consideration of Rs 452 crore, the city-based ...

The Communist Party has urged the public, trade unions, and civil society organisations to unite to pressure the government to prevent India from taking over the controlling stake in the Colombo ...

Mumbai: Mazagon Dock Shipbuilders Limited (MDL) on Friday announced its first international acquisition—a controlling stake in Sri Lanka’s largest and most established shipyard, Colombo Dockyard PLC ...

State-owned defence ship building company Mazagon Dock Shipbuilders is investing Rs452 crore ($52.96 million) to acquire a controlling stake in Sri Lanka’s Colombo Dockyard PLC and has entered into a ...

Colombo Dockyard PLC recently delivered the first-ever Cable Laying and Repair Vessel (CLRV) to the European market from Sri Lanka.The vessel was built for Orange Marine, a France-based specialist in ...