Shares of BEML jumped nearly 8 per cent in early trade on Monday after the government invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in the defence PSU. The stock gained 7.77 per cent to Rs 1,050 at the BSE. On the NSE, it zoomed 7.74 per cent to Rs 1,051.
New Delhi: The government is open to reviewing all cases of blacklisted defence firms on merit and has partially lifted a ban on Tatra trucks as it prepares a new policy that will allow foreign
New Delhi: Changes in the Defence Procurement Policy to legalise representatives from foreign defence firms will be done in another month and a half, Defence Minister Manohar Parrikar said.In an interaction with journalists late Tuesday
New Delhi, Jun 20: BEML-Tatra deal had faced objections from senior defence ministry officials over lack of indigenisation and other issues related to Czech all-terrain vehicles but still the PSU managed to keep on supplying
Bangalore, June 1 : A day after Gen V K Singh retired as Chief of Army, public sector BEML today slapped a legal notice on him demanding an apology for his “false and motivated” allegations
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