Mazagon Dock shares surge on likely ₹70,000 crore submarines deal
Mazagon Dock Shipbuilders' shares rose after CNBC TV-18 reported that India's Defence Ministry has authorised cost negotiations with Germany's Thyssenkrupp for a ₹70,000 crore deal to build six submarines under Project 75(I). Talks are set to begin soon, with the final contract expected within six months post-negotiation.