Beml

The government is likely to invite financial bids for the privatisation of BEML in the December quarter, an official said.

The government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial public offering of three public sector companies, including ECGC, a top government official said.

Government is aiming to close the privatisation of BEML and Shipping Corp of India and to list state-owned Life Insurance Corp.

On Monday, the Ministry of Defence announced that 108 defence equipment must be necessarily sourced indigenously as per Defence Acquisition Procedure 2020

Britannia Industries reported a 22.4 per cent rise in consolidated net profit at Rs 452.6 crore for December quarter and total revenue from operations rose 6.13 per cent

Defence Minister Rajnath Singh on Friday unveiled the country's first indigenously designed and developed Driverless Metro Car at the BEML manufacturing facility in Bengaluru.

These vehicles will play a key role in the logistics management of the Indian Army, enabling armoured fighting vehicles, troops, ammunitions and stores to be moved to far-flung, difficult terrains, BEML said

HDFC Bank's total advances rose 4 per cent quarter-on-quarter to Rs 10.82 lakh crore in Q3 and 16 per cent on a year-on-year basis; the bank's deposits rose 3 per cent quarter-on-quarter to Rs 12.7 lakh crore

The government has invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in defence PSU BEML.

The government holds just over 54 per cent in BEML and a cut in government's holding through stake sale will lead to transfer of management control to the successful bidder

List of Stocks in Focus Today: Equity markets elsewhere in Asia moved higher with cautious gains.

BEML bagged a Rs 557 crore order from Ministry of Defence for supply of 1,512 Track Width Mine Ploughs, which will be fitted on T-90 tanks of Indian Armoured Corps.

Prime Minister Narendra Modi today inaugurated the first coach for Mumbai Metro built under the 'Make in India' programme. Flanked by Maharashtra Chief Minister Devendra Fadnavis and Mumbai Metro officials, PM Modi took a tour of the new coach and the train.

The Nifty50 index is likely to touch a new high of 11,850 after a correction in Samvat 2074, says Kotak Securities.

Indian shares edged higher on Tuesday after a flat opening. The Sensex gained nearly 75 points while Nifty added nearly 20 points to reach 9,636.85.

The government is likely to invite financial bids for the privatisation of BEML in the December quarter, an official said.

The government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial public offering of three public sector companies, including ECGC, a top government official said.

Government is aiming to close the privatisation of BEML and Shipping Corp of India and to list state-owned Life Insurance Corp.

On Monday, the Ministry of Defence announced that 108 defence equipment must be necessarily sourced indigenously as per Defence Acquisition Procedure 2020

Britannia Industries reported a 22.4 per cent rise in consolidated net profit at Rs 452.6 crore for December quarter and total revenue from operations rose 6.13 per cent

Defence Minister Rajnath Singh on Friday unveiled the country's first indigenously designed and developed Driverless Metro Car at the BEML manufacturing facility in Bengaluru.

These vehicles will play a key role in the logistics management of the Indian Army, enabling armoured fighting vehicles, troops, ammunitions and stores to be moved to far-flung, difficult terrains, BEML said

HDFC Bank's total advances rose 4 per cent quarter-on-quarter to Rs 10.82 lakh crore in Q3 and 16 per cent on a year-on-year basis; the bank's deposits rose 3 per cent quarter-on-quarter to Rs 12.7 lakh crore

The government has invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in defence PSU BEML.

The government holds just over 54 per cent in BEML and a cut in government's holding through stake sale will lead to transfer of management control to the successful bidder

List of Stocks in Focus Today: Equity markets elsewhere in Asia moved higher with cautious gains.

BEML bagged a Rs 557 crore order from Ministry of Defence for supply of 1,512 Track Width Mine Ploughs, which will be fitted on T-90 tanks of Indian Armoured Corps.

Prime Minister Narendra Modi today inaugurated the first coach for Mumbai Metro built under the 'Make in India' programme. Flanked by Maharashtra Chief Minister Devendra Fadnavis and Mumbai Metro officials, PM Modi took a tour of the new coach and the train.

The Nifty50 index is likely to touch a new high of 11,850 after a correction in Samvat 2074, says Kotak Securities.

Indian shares edged higher on Tuesday after a flat opening. The Sensex gained nearly 75 points while Nifty added nearly 20 points to reach 9,636.85.