Workers carry material to a ship being built at the ABG Shipyard Ltd. in Surat. Photographer: Amit Bhargava/Bloomberg News

State-Run Shipbuilder Garden Reach’s IPO Fails To Attract Investors

The initial public offer of the sixth state-run company this year was also the first in three years to be extended due to poor response from investors.Garden Reach Shipbuilders & Engineers Ltd.’s I...