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 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 |
Tatra deal: CBI searches homes of former army officers
April 18th, 2012 - 12:25 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 following complaints about ... Read more...
Posted in Business |
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 |
HAL chopper lands atop building; pilots safe (Lead)
April 13th, 2012 - 12:35 am ICT by IANS
Bangalore, April 12 (IANS) A chopper of the state-run Hindustan Aeronautics Ltd's training academy Thursday made an emergency landing atop a building in the eastern suburb of the city, with ... Read more...
Posted in Uncategorized |
Army chief sounds conciliatory, BJP demands Antony quit (Roundup)
March 30th, 2012 - 11:21 pm ICT by IANS
New Delhi, March 30 (IANS) Amid controversy over the alleged bribe offer in purchase of vehicles and his claims of gaps in India's defence preparedness, army chief Gen. V.K. ... Read more...
Posted in Politics |
Don’t disinvest in HAL, says CPI-M
September 19th, 2011 - 4:49 pm ICT by IANS
New Delhi, Sep 19 (IANS) The CPI-M Monday asked the government to reverse its move to disinvest 10 percent of shares in Hindustan Aeronautics Ltd (HAL) and asked it not ... 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 |
JK Tyre enters Tamil Nadu with Rs.1500 crore plant
August 4th, 2010 - 8:51 pm ICT by IANS
Chennai, Aug 4 (IANS) JK Tyre and Industries plans to beef up its topline adding Rs.2,000 crore with a new radial tyre plant in Sriperumbudur near here from fiscal 2012-13 onwards, said ... Read more...
Posted in Business |
BEML to deliver first coach to Bangalore Metro in October
June 21st, 2010 - 9:50 pm ICT by IANS
Bangalore, June 21 (IANS) State-run BEML (Bharat Earth Movers Ltd) will deliver the first Metro coach to Bangalore Metro Rail Corporation (BMRC) in October for the mass rapid transit service scheduled to ... Read more...
Posted in Business |
BEML net dips 17 percent in fiscal 2010
June 21st, 2010 - 7:55 pm ICT by IANS
Bangalore, June 21 (IANS) State-run BEML (Bharat Earth Movers Ltd) posted net profit of Rs.223 crore for fiscal 2009-10 as against Rs.269 crore in 2008-09, registering 17 percent decline year-on-year (YoY), the ... Read more...
Posted in Business |
Aerospace park to be set up near Bangalore airport
February 11th, 2010 - 8:14 pm ICT by IANS
Bangalore, Feb 11 (IANS) The Karnataka government is setting up an aerospace park near the international airport at Devanahalli on the outskirts of the city to attract global investments in the ... 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 |
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 |
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 |
Kerala seeks more central public sector units
June 26th, 2009 - 3:34 pm ICT by IANS
Thiruvananthapuram, June 26 (IANS) Kerala will ask the central government to set up more public sector units and centre-state joint ventures in the state to spur its industrial development, Industries Minister Elamaram ... Read more...
Posted in Business |
BEML bags Rs.2 bn mining equipment export orders
July 9th, 2008 - 7:21 pm ICT by IANS
Bangalore, July 9 (IANS) India's leading mining and construction equipment maker Bharat Earth Movers Ltd (BEML) has bagged orders worth Rs.2.07 billion to export hydraulic excavators, rear dump trucks and bulldozers to ... Read more...
Posted in Business |
Nalco to invest Rs.400 bn in expansion projects
June 4th, 2008 - 10:47 pm ICT by IANS
Bhubaneswar, June 4 (IANS) India's second largest producer of aluminium National Aluminium Co Ltd (Nalco) Wednesday announced that it would invest around Rs.400 billion ($9.5 billion) in the next five years in ... Read more...
Posted in Business |
India has largest presence at Berlin air show
May 27th, 2008 - 5:14 pm ICT by admin
By Neelam Mathews
Berlin, May 27 (IANS) India has its biggest presence at the International Aerospace Exhibition and Conference-ILA 2008, also known as Berlin Air Show - where it is participating as a ... Read more...
Posted in Business |
BEML opens sourcing office in China
May 1st, 2008 - 9:22 pm ICT by admin
New Delhi, May 1 (IANS) Aiming to raise its business volume, India's state-run heavy earthmoving equipment manufacturer - the Bharat Earth Movers Ltd (BEML) - has opened its overseas office in Shanghai, ... Read more...
Posted in Business |
India to get its first aluminium train wagon soon
April 3rd, 2008 - 4:31 pm ICT by admin
(Lead)
By Jatindra Dash
Bhubaneswar, April 3 (IANS) The National Aluminium Co Ltd (Nalco) will join up with Bharat Earth Movers Ltd (BEML) to produce the country's first aluminium railway wagons. The two ... Read more...
Posted in Business |
BEML to make high capacity dumpers with Terex
April 1st, 2008 - 5:38 pm ICT by admin
Mysore, April 1 (IANS) State-run Bharat Earth Movers Ltd (BEML) will manufacture high capacity electric dumpers in 150-360 tonnes range for the mining sector in technical collaboration with the US-based Terex Corporation, ... Read more...
Posted in Business |