BEML touches 52-week high on DMRC order

Last Updated: Thursday, June 11, 2015, 18:26

BEML shares Thursday surged to their 52-week high on the bourses after the defence PSU said it has bagged orders worth Rs 645 crore from Delhi Metro Rail Corporation (DMRC).

Infra, realty stocks gain ground on land acquisition ordinance

Last Updated: Tuesday, December 30, 2014, 18:38

Shares of infrastructure, realty and defence companies gained ground on Tuesday after the government recommended promulgation of an ordinance making significant changes in the Land Acquisition Act.

Free fall for PSU stocks this calendar bad news for further divestment

Last Updated: Tuesday, March 26, 2013, 22:07

With a single trading session left to mark the completion of January- March quarter of 2013, PSU stocks have nosedived and performed poorly on the bourses.

CBI opposes Ravinder Rishi`s plea to travel abroad

Last Updated: Wednesday, October 10, 2012, 19:08

57-year-old Rishi is facing a CBI probe in connection with the alleged irregularities in supply of Tatra all-terrain trucks to public sector Bharat Earth Movers Limited (BEML).

Defence Ministry consults CBI on BEML issue

Last Updated: Tuesday, September 18, 2012, 19:52

The Defence Ministry is consulting the CBI on a plea for reinstatement by suspended BEML chief VRS Natarajan who has refuted corruption and other charges against him.

Army chief bribery case: CBI questions Tejinder Singh

Last Updated: Wednesday, August 22, 2012, 21:28

The then Army Chief had alleged that Singh had offered him a bribe of Rs 14 crore to clear purchase of nearly 600 all-terrain Tatra BEML trucks.

CBI places in SC status report on Tatra truck accused

Last Updated: Wednesday, August 22, 2012, 20:34

CBI submitted in the Supreme Court a status report on the probe relating to NRI businessman and controversial Vectra Company chief Ravinder Rishi for alleged irregularities in supply of Tatra trucks BEML.

Tatra scam: BEML had technology yet depended on Rishi`s firm

Last Updated: Monday, July 30, 2012, 16:59

Probing the Tatra scam, CBI has claimed to have laid its hands on crucial records showing that BEML top brass had insisted on getting technology from Ravinder Rishi`s firm that was already available with the PSU a decade back.

Tatra asked BEML to do away with agents and offered discount

Last Updated: Sunday, July 29, 2012, 14:23

CBI sources said they have recovered the letter, a crucial evidence, from an official of Tatra offering the deal in 1994 and is now trying to find if there was any sabotage.

Dwarkanath`s name recommended for appointment as BEML CMD

Last Updated: Sunday, July 22, 2012, 13:58

BEML`s senior-most Director P Dwarkanath has been recommended for appointment as its chairman and managing director.

Tatra scam: CBI to inspect BEML facilities again

Last Updated: Monday, July 16, 2012, 20:53

The CBI is likely to carry out another round of inspection of BEML facilities.

Three independent directors of BEML no longer on Board

Last Updated: Friday, July 13, 2012, 18:50

Three of BEML's part-time and non-official directors are no longer on its Board, the defence public sector undertaking on Friday informed the Bombay Stock Exchange (BSE).