beml

DGCA challenges Delhi HC order in Global Vectra case


September 19th, 2012 - 7:43 pm ICT by IANS
New Delhi, Sep 19 (IANS) The Directorate General of Civil Aviation (DGCA) Wednesday challenged in the Delhi High Court its earlier order holding in abeyance the aviation regulator's decision to ... Read more...

Posted in Business |

Go to trial court for relief, SC tells Vectra chief Rishi


September 12th, 2012 - 10:44 pm ICT by IANS
New Delhi, Sep 12 (IANS) The Supreme Court Wednesday asked Ravinder Rishi, chief of Vectra company, to approach the trial court for quashing a lookout notice issued by the ... Read more...

Posted in Uncategorized |

CBI opposes Vectra Group chairman’s plea to go abroad


August 7th, 2012 - 10:15 pm ICT by IANS
New Delhi, Aug 6 (IANS) The CBI Tuesday strongly opposed, in the Supreme Court, the plea of Vectra Group chairman Ravinder Kumar Rishi, facing probe in the Tatra truck deal ... Read more...

Posted in Uncategorized |

BEML chairman suspended, claims innocence (Lead)


June 11th, 2012 - 11:30 pm ICT by IANS
New Delhi/Banaglore, June 11 (IANS) The defence ministry Monday suspended public sector undertaking Bharat Earth Movers Ltd (BEML) chairman V.R.S. Natarajan on a recommendation from the CBI that is probing ... Read more...

Posted in Uncategorized |

BEML chief suspended


June 11th, 2012 - 3:20 pm ICT by IANS
New Delhi, June 11 (IANS) The defence ministry Monday suspended public sector undertaking Bharat Earth Movers Ltd. (BEML) chairman V.R.S. Natarajan from his post on a recommendation from the CBI ... Read more...

Posted in Business |

Tatra deal: BEML to sue ex-army chief for defamation (Lead)


June 1st, 2012 - 9:04 pm ICT by IANS
Bangalore, June 1 (IANS) Defence behemoth BEML Friday said it will file a defamatory suit against former chief of army staff Gen. V.K. Singh for making false and motivated charges ... Read more...

Posted in Uncategorized |

Tatra deal: BEML to sue ex-army chief for defemation


June 1st, 2012 - 4:49 pm ICT by IANS
Bangalore, June 1 (IANS) State-run defence behemoth BEML will sue former Indian Army chief Gen. V.K. Singh for defamation for terming its Tatra heavy-duty trucks sub-standard and saying they ... Read more...

Posted in Business |

BEML posts Rs.14 crore net loss in Q4 of 2011-12


May 31st, 2012 - 11:38 pm ICT by IANS
Bangalore, May 31 (IANS) State-run defence behemoth BEML, at the centre of a controversey involving its Tatra heavy-duty trucks, reported a Rs.14 crore net loss for the fourth quarter of ... Read more...

Posted in Business |

HAL disinvestment under consideration: Government


May 7th, 2012 - 10:58 pm ICT by IANS
New Delhi, May 7 (IANS) The government Monday informed parliament that it is considering a proposal to offload 10 percent equity in the strategically important Hindustan Aeronautics Limited (HAL), the ... Read more...

Posted in Business |

Hyderabad Metro to finalise vendors in two months


May 1st, 2012 - 10:13 pm ICT by IANS
Hyderabad, May 1 (IANS) Larsen and Toubro Metro Rail (Hyderabad), a subsidiary of L&T; Infrastructure Development Projects, will finalise in the next two to three months vendors for various components ... Read more...

Posted in Business |

CBI files graft case against BEML chairman, consultant (Lead)


April 19th, 2012 - 7:40 pm ICT by IANS
Bangalore/New Delhi, April 19 (IANS) The CBI Thursday registered a graft case against state-run Bharat Earth Movers Ltd. (BEML) chairman and managing director V.R.S. Natarajan and searched his office and ... Read more...

Posted in Uncategorized |

CBI searches BEML chairman’s office, residence


April 19th, 2012 - 5:40 pm ICT by IANS
Bangalore, April 19 (IANS) The CBI Thursday searched the office and residence of V.R.S. Natarajan, chairman and managing director of the state-run Bharat Earth Movers Ltd. (BEML), here for evidence ... Read more...

Posted in Business |

Tatra scam: CBI searches two ex army officers’ homes (Second Lead)


April 18th, 2012 - 7:11 pm ICT by IANS
New Delhi, April 18 (IANS) The Central Bureau of Investigation (CBI) Wednesday searched the homes of two former army officers in Delhi and Noida and recovered key documents related to ... Read more...

Posted in Uncategorized |

Tatra scam: CBI searches homes of two ex army officers (Lead)


April 18th, 2012 - 2:54 pm ICT by IANS
New Delhi, April 18 (IANS) The Central Bureau of Investigation (CBI) Wednesday conducted search operations at the homes of two former army officers in Delhi and Noida and recovered ... Read more...

Posted in Uncategorized |

CBI questions BEML chief in Tatra trucks case (Lead)


April 17th, 2012 - 9:31 pm ICT by IANS
New Delhi, April 17 (IANS) The CBI Tuesday questioned three people, including former Bharat Earth Movers Ltd. (BEML) director V. Mohan, the company's present chief V.R.S. Natarajan and Britain-based Vectra ... Read more...

Posted in Business |

CBI questions Vectra chief (Lead)


April 3rd, 2012 - 1:26 am ICT by IANS
New Delhi, April 2 (IANS) The Central Bureau of Investigation (CBI) Monday questioned the owner of Britain-based Vectra group Ravi Rishi for four hours in connection with alleged irregularities in ... Read more...

Posted in Uncategorized |

BEML head hits out at army for targeting Tatra trucks


March 30th, 2012 - 9:06 pm ICT by IANS
New Delhi, March 30 (IANS) Stung by army headquarters' snide remarks again Tatra trucks, defence public sector BEML chief V.R.S. Natarajan Friday hit out at its detractors, saying he ... Read more...

Posted in Business |

Why didn’t army chief probe bribe matter: Tejinder Singh (Lead, superseding earlier story)


March 27th, 2012 - 7:30 pm ICT by IANS
New Delhi, March 27 (IANS) Lt Gen (retd) Tejinder Singh, who has been named as the man who offered army chief V.K. Singh a bribe, Tuesday said if that ... Read more...

Posted in Politics |

Why didn’t army chief probe bribe matter: Tejinder Singh


March 27th, 2012 - 5:39 pm ICT by IANS
New Delhi, March 27 (IANS) Named as the man who offered army chief V.K. Singh a bribe, Lt Gen (retd) Tejinder Khanna said Tuesday that if that had indeed happened ... Read more...

Posted in Politics |

Sharda Motors looks for equity investor


February 11th, 2012 - 6:22 pm ICT by IANS
Chennai, Feb 11 (IANS) Auto component vendor Sharda Motor Industries Ltd is planning to raise equity funds for its future plans and is also exploring overseas market for its off-the-highway ... Read more...

Posted in Business |

West Bengal takes steps to revive MAMC


January 31st, 2012 - 6:05 pm ICT by IANS
Kolkata, Jan 31 (IANS) The West Bengal government has urged Bharat Earth Movers Ltd, Damodar Valley Corp and Coal India to sign a shareholders agreement to revive the Mining and ... Read more...

Posted in Business |

Indian defence research agency eyes robotic soldier, mule


December 11th, 2011 - 7:48 pm ICT by IANS
Chennai, Dec 11 (IANS) India's Defence Research and Development Organisation (DRDO) is in the process of building robotic soldiers and mules as a part of its unmanned fighting systems of ... Read more...

Posted in Uncategorized |

Leyland-Deere to enter wheel-loader segment in 2013


November 22nd, 2011 - 6:42 pm ICT by IANS
Chennai, Nov 22 (IANS) Construction equipment manufacturer Ashok Leyland John Deere Construction Equipment Company Pvt Ltd plans to enter the wheel-loader segment in 2013 after the launch of its backhoe ... Read more...

Posted in Business |

HAL awaits government nod to go public soon


February 10th, 2011 - 4:43 pm ICT by IANS
Bangalore, Feb 10 (IANS) India's defence behemoth Hindustan Aeronautics Ltd (HAL) is awaiting the government's green signal to go public soon to raise funds and improve its corporate governance, an official said ... Read more...

Posted in Business |

Hyderabad Metro Rail to create 50,000 jobs


March 1st, 2010 - 10:26 pm ICT by IANS
Hyderabad, March 1 (IANS) Hyderabad Metro Rail is expected to trigger mammoth economic activity in and around the city and provide employment to about 50,000 people, Andhra Pradesh Chief Minister K. ... Read more...

Posted in Business |

BEML aims to become billion dollar company


February 18th, 2010 - 9:44 pm ICT by IANS
New Delhi, Feb 18 (IANS) State-owned defence heavy vehicle maker BEML Limited aims to become a billion dollar (Rs.50 billion) company as part of its vision 2013-14 to coincide with the golden ... Read more...

Posted in Business |

Eight companies to bid for Hyderabad Metro


January 16th, 2010 - 10:52 pm ICT by IANS
Hyderabad, Jan 16 (IANS) Hyderabad Metro Rail has received pre-qualification bids from eight companies for Rs.12,132 crore project, which got derailed last year after Maytas Infra, a sister-concern of scam-hit Satyam ... Read more...

Posted in Business |

K. H. Muniyappa to attend flagging off ceremony of Standard Gauge Metro Car


September 9th, 2009 - 8:18 pm ICT by ANI
Bangalore, Sep. 9 (ANI): The Minister of State for Railways, K. H. Muniyappa, will attend a programme here on Friday where country's first Standard Gauge Metro Car will be flagged off.Standard Gauge ... Read more...

Posted in National |

Indian firm to invest $44 mn in Indonesia


August 25th, 2009 - 1:11 pm ICT by IANS
Jakarta, Aug 25 (Xinhua) BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in Indonesia to support its business expansion in the country, the business daily Bisnis ... Read more...

Posted in Business |

Delhi Metro begins trial runs on new standard gauge line


July 29th, 2009 - 8:17 pm ICT by IANS
New Delhi, July 29 (IANS) Trial runs were carried out Wednesday on Delhi Metro's first standard gauge line connecting north and north-west parts of the national capital. Standard gauge lines are lesser in ... Read more...

Posted in Sci-Tech |

BEML all set to roll out indigenous low cost coaches for metro railways


July 10th, 2009 - 5:21 pm ICT by ANI
Bangalore, July 10 (ANI): The Bharat Earth Movers Limited (BEML) is all set to manufacture indigenously designed low-cost metro railway coaches for Mass Rapid Transport Systems (MRTS) in the cities.Talking to ... Read more...

Posted in National |

Bharat Earth Movers net up 19 percent


July 9th, 2009 - 10:16 pm ICT by IANS
Bangalore, July 9 (IANS) State-run Bharat Earth Movers Ltd (BEML) posted net profit of Rs.268 crore in fiscal 2008-09 as against Rs.225 crore the year before, registering growth of 19 percent, the ... Read more...

Posted in Business |

Bharat Earth Movers to make multi-speed rail coaches


July 9th, 2009 - 9:50 pm ICT by IANS
Bangalore, July 9 (IANS) State-run Bharat Earth Movers Ltd (BEML) plans to manufacture hi-tech rail coaches for low, medium and high speed trains in technology collaboration with Alstom of France, a top ... Read more...

Posted in Business |

Railway Budget 2009: A Balance Between Prudence And Populism


July 3rd, 2009 - 6:01 pm ICT by GD
The Railway Budget 2009-10 has been a sort of mixed bag of economic prudence and populism. The Railway Minister, Ms.Mamata Banerjee had previously stated that the focus will be primarily on ... Read more...

Posted in National |

Plan to revive 15 sick state-run firms approved


July 2nd, 2009 - 6:53 pm ICT by IANS
Mumbai, July 2 (IANS) The government has approved a proposal to revive or restructure 15 loss-making public sector enterprises (PSEs), Heavy Industries and Public Enterprises Minister Vilasrao Deshmukh said here Thursday. "Based ... Read more...

Posted in Business |

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