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HEAVY ENGINEERING PSU
Siddharth Vora sees broad-based recovery after 1-2 quarters of pain; bets big on metals, stays cautious on quick commerceSiddharth Vora, Head of Quantitative Investment Strategies at PL Asset Management, is confident in his fund's metals-heavy portfolio. He se...- Corporate India gets a call of duty and it's raring to goIn a dynamic shift, India's defence industry is witnessing a groundbreaking transformation where private corporations are spearheading pivo...
- Boss blames engineer after office workstation running nonstop for years suddenly fails; company now demands over $5,000 for ‘negligent damage’A Reddit post from an Illinois-based mechanical engineer is drawing attention after he claimed his employer attempted to charge him $5,200 ...
- BEML secures $36.38 million export order from Middle East regionBEML Ltd, hailing from Bengaluru, has clinched a monumental export deal valued at USD 36.38 million with clients in the Gulf region. This o...
- GRSE posts record Rs 6,400 crore turnover, delivers eight vessels to Indian NavyGarden Reach Shipbuilders & Engineers Limited achieved its highest-ever annual turnover of Rs 6,400 crore. The company delivered eight vess...
- BEML, Sagarmala Finance Corporation ink pact to boost India's maritime manufacturing sectorSMFCL, formerly known as Sagarmala Development Company Limited, is the country's first maritime sector-specific non-banking financial compa...
- BEML signs MoU with Indian NavyBEML and the Indian Navy's Directorate of Marine Engineering inked a deal to design, develop, and manufacture marine equipment locally. Aji...
- HEC plans collateral securities to raise debt and clear worker duesPublic sector undertaking Heavy Engineering Corp (HEC) is relying on collateral securities to generate funds and clear workers' dues. Bhara...
- Government plans strategic sale of 3 PSUs, merger of 4The finance ministry wants to merge four PSUs -- Hindustan Prefab, Engineering Projects (India) Ltd, HSCC (India) Ltd and National Projects...
- Government seeking technology transfer from Czech Republic for bluechip PSUsFor two of its bluechip PSUs – Heavy Engineering Corporation and HMT, Government is seeking investment and technology transfers from Czech ...
- Avijit Ghosh ceases to be Director in Hindustan CopperGhosh has been in the post since June 1, 2010. HCL manufactures copper right from the stage of mining to beneficiation, smelting and refini...
- Government to revive 5 PSUs; plans VRS for employees of six units"The state-run units which have been identified by the government for revival include HMT Machine Tools Ltd, Heavy Engineering Corporation ...
- Andrew Yule & Co to invest Rs 250 crore for setting up units in West Bengal, Tamil NaduHeavy engineering PSU Andrew Yule & Co would invest Rs 250 crore in setting up two transformer manufacturing units in WB & TN.
- Government receives proposals from NHPC, EIL, RCFL and Mazagaon Dock for Navratna statusThe government today said it has received proposals from four PSUs, including NHPC and Engineers India Ltd, for grant of coveted Navratna s...
- Navratna status: Heavy Industries Ministry gets 4 proposalsThe coveted tag empowers the Board of a central PSU to take investment decisions of up to Rs 1,000 crore in a joint venture project or whol...
- HEC seeks Rs 500 crore capital from gov for diversificationPSU Heavy Engineering Corporation Ltd today said it requires Rs 500 for diversification that would take the turnover to Rs 3,000 crore in t...
- HEC weighs options in electric locosHeavy Engineering Corporation (HEC) will approach the railway ministry to explore business opportunities in the locomotive sector.
- Power gear bidding must be wired to global tendersBoth private and public sector power cos will be required to follow international competitive bidding route for sourcing procurement of equ...
- BHEL scouts for tech alliancesBHEL is scouting for technology partners to meet its growing requirements of heavy forgings.
- Vikhe Patil latest to put spanner in sell-off processUncertainty looms over privatisation of about a dozen companies under the administrative control of the Heavy Industry Ministry following m...
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