News for 'bharat-heavy'

How AI is Deciphering the Secrets of Intricate Kolam Designs

How AI is Deciphering the Secrets of Intricate Kolam Designs

Rediff.com25 Mar 2026

Researchers have developed an AI algorithm capable of generating intricate 'sikku' kolam patterns, traditionally drawn by hand in South India. This innovative approach transforms a cultural art form into a complex computational challenge, with potential applications in various fields.

AI Algorithm Cracks the Code of Intricate Kolam Art

AI Algorithm Cracks the Code of Intricate Kolam Art

Rediff.com25 Mar 2026

Researchers have developed an AI algorithm capable of generating intricate 'sikku' kolam patterns, an ancient Indian art form traditionally drawn by hand. The algorithm transforms this cultural practice into a complex computational challenge with potential applications in various technical fields.

Privatisation push loses steam as IDBI Bank stake sale scrapped

Privatisation push loses steam as IDBI Bank stake sale scrapped

Rediff.com23 Mar 2026

India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.

How To Download GATE 2026 Admit Card

How To Download GATE 2026 Admit Card

Rediff.com14 Jan 2026

Registered and eligible candidates can download their GATE 2026 from the official website gate2026.iitg.ac.in, using their valid login credentials.

Foreign mining firms assure rare-earth oxide supply under PLI scheme

Foreign mining firms assure rare-earth oxide supply under PLI scheme

Rediff.com10 Nov 2025

Major foreign mining and refining companies have assured the Indian government that they will have sufficient stocks of rare-earth oxides to supply to the winning bidders under the country's production-linked incentive (PLI) scheme for indigenous manufacturing of rare-earth permanent magnets (REPMs), Business Standard has learnt.

Why manufacturing sector's energy bills are at 20-year low

Why manufacturing sector's energy bills are at 20-year low

Rediff.com19 Sep 2025

High energy costs, long a drag on India's manufacturing competitiveness, are finally easing. Power and fuel expenses accounted for 1.98 per cent of net sales in 2024-25, the lowest level in data compiled by the Centre for Monitoring Indian Economy (CMIE) over the past two decades.

India's Startup Dreams, Ready to Bloom

India's Startup Dreams, Ready to Bloom

Rediff.com17 Sep 2025

Let's work flat out and create a policy framework that fosters the growth of Indian non-family business VC and private equity firms. This will allow our Indian startups' dreams to flourish, explains Ajit Balakrishnan.

Nifty Indices Rebalance Begins

Nifty Indices Rebalance Begins

Rediff.com3 Mar 2025

The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.

Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list

Large-cap cut-off surpasses Rs 1 trillion as 11 new stocks join the list

Rediff.com7 Jan 2025

The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.

V Narayanan takes charge as ISRO chairman

V Narayanan takes charge as ISRO chairman

Rediff.com14 Jan 2025

Narayanan has a long and distinguished career at ISRO, having played a key role in several important missions, including Chandrayaan-2 and 3, and the Gaganyaan programme.

Coming! Changes In Mid Caps, Large Caps

Coming! Changes In Mid Caps, Large Caps

Rediff.com19 Jun 2024

Midcap stocks Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch, and Samvardhana Motherson are expected to earn upgrades.

Missing! Chess Gold, Silver Medals

Missing! Chess Gold, Silver Medals

Rediff.com30 Nov 2024

'I have no idea about such a medal. Never got one,' says Surya Shekhar Ganguly, the national chess champion between 2003 and 2008.

Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag

Hero Motocorp, JSW energy among 7 midcap stocks likely to get largecap tag

Rediff.com14 Jun 2024

Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way

Rediff.com22 Feb 2024

Notwithstanding the recent sharp decline in the stocks of public sector companies, analysts at Jefferies remain bullish on this segment. State Bank of India, Coal India, and NTPC are their top picks in this space, they said in a recent note. The public sector undertaking (PSU) or state-owned enterprise (SOE) index, with a 70-percentage-point outperformance versus the National Stock Exchange Nifty50 over the past 12 months, comes after a decade of underperformance before 2020.

Adani Power revives old ambitions as power demand surges in India

Adani Power revives old ambitions as power demand surges in India

Rediff.com10 Apr 2024

Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.

Smallcaps see biggest monthly leap in 3 years; Nifty climbs 5.5% in Nov

Smallcaps see biggest monthly leap in 3 years; Nifty climbs 5.5% in Nov

Rediff.com8 Dec 2023

Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent. After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022.

Improving working capital, project execution key to rally in BHEL's stock

Improving working capital, project execution key to rally in BHEL's stock

Rediff.com10 Dec 2023

Bharat Heavy Electricals Ltd (BHEL) is India's largest engineering and manufacturing enterprise, operating across energy, industry, and infrastructure sectors. The investment path for the stock is based on a large order backlog, continued strong order inflows, and rising power demand, which should push demand for BHEL's equipment and services. BHEL has historically held over 70 per cent market share in power projects.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

How the private sector chipped in for Chandrayaan-3

How the private sector chipped in for Chandrayaan-3

Rediff.com25 Aug 2023

A number of private companies have contributed to the development of ISRO's Chandrayaan-3 spacecraft which successfully landed near the south pole of the Moon on Wednesday evening.

SEBI To Go Soft On Rumour Verification For Listed Cos

SEBI To Go Soft On Rumour Verification For Listed Cos

Rediff.com12 Jan 2024

The rumour verification process would now be triggered by changes in price or 'material price movements', as the paper defines it. What this means is that companies would need to verify rumours only if the share price moves significantly.

PSUs in fast lane on capex push, top 10 shares nearly double

PSUs in fast lane on capex push, top 10 shares nearly double

Rediff.com14 Sep 2023

Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.

Valuations factor in bright prospects for BHEL; order book on positive side

Valuations factor in bright prospects for BHEL; order book on positive side

Rediff.com14 Jul 2023

Analysts seem to be generally pessimistic about Bharat Heavy Electricals (BHEL). Out of 15 brokerages with recommendations since May this year, two have 'buy' while five have 'sell' and eight have 'underweight'/'reduce'/'underperform'/'hold' recommendations. The average target price of the public sector undertaking (PSU) is Rs 61. However, the stock has been consistently hitting new highs, which indicates that there is some kind of valuation mismatch.

India Inc's capex wheel likely to turn soon

India Inc's capex wheel likely to turn soon

Rediff.com17 May 2023

India Inc could be embarking upon a new phase of capital expenditure (capex) cycle, observed analysts, and suggest its revival would lead to a rerating of industrial stocks. Assisted by a property upcycle, analysts at Jefferies said several government initiatives were likely to drive capex. Indicators, they said, include a private project announcement at Rs 25 trillion for 2022-23 (up 150 per cent from pre-pandemic levels) and credit growth at about 16 per cent, which is closer to pre-pandemic highs.

Nifty PSU: Positive rerating of these stocks likely

Nifty PSU: Positive rerating of these stocks likely

Rediff.com16 Mar 2023

The last year has seen public sector undertakings (PSUs) outperforming the Nifty50, albeit by a small degree. But PSU valuations are still, on average, less than half of private sector peers at price-to-equity or PE 8.7x for the Nifty PSU Index versus 20.9x for the Nifty50. There are several reasons for lower valuation.

'Aim to make FAME scheme more transparent'

'Aim to make FAME scheme more transparent'

Rediff.com14 Apr 2023

'The aim is also to probe how the ministry and testing agencies made negligence in examining these OEMs, so that such negligence is avoided in the future.'

Capex Crosses Rs 6 Trillion In December

Capex Crosses Rs 6 Trillion In December

Rediff.com10 Jan 2023

'If private capex has to kick in, there should at least be 2-3 years of visibility.'

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Kharge extends hand to parties to defeat BJP, says ready for sacrifices

Rediff.com25 Feb 2023

In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.

India to buy military equipment worth Rs 7,965 crore

India to buy military equipment worth Rs 7,965 crore

Rediff.com2 Nov 2021

The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement.

V Krishnamurthy, PSUs' turnaround man, dies at 97

V Krishnamurthy, PSUs' turnaround man, dies at 97

Rediff.com27 Jun 2022

Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.

IRCTC, BHEL in talks for a JV to run private trains

IRCTC, BHEL in talks for a JV to run private trains

Rediff.com10 Aug 2021

Indian Railway Catering and Tourism Corporation (IRCTC) and Bharat Heavy Electricals (BHEL) are in talks for a partnership to run private trains. According to officials in the know, the two public sector undertakings (PSUs) are planning to form a special purpose vehicle (SPV) to run passenger trains on routes for which IRCTC has put in bids. "BHEL will be putting in the money required for private rail service, while IRCTC is going to focus on operational requirements," an official said. "IRCTC's business model has not been capital expenditure-focussed. It has built only operational enhancements," he added. Bids for public private partnerships (PPPs) in passenger train operations were opened last month.

Left wing extremism-hit districts decline by 70% under Modi govt: Shah

Left wing extremism-hit districts decline by 70% under Modi govt: Shah

Rediff.com8 Jun 2022

The home minister said the northeast and the Left-wing extremism-affected areas in the country are tribal-dominated regions and security is a precursor to development there.

Investors lose Rs 5 trn in these stocks

Investors lose Rs 5 trn in these stocks

Rediff.com28 Dec 2019

The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals.

INS Visakhapatnam: India's Most Potent Destroyer

INS Visakhapatnam: India's Most Potent Destroyer

Rediff.com23 Nov 2021

INS Vishakapatnam's ground attack and anti-ship capabilities are achieved through a bank of BrahMos cruise missiles that can be fired at targets up to 295 km away.

BHEL unit eyes acquisitions

BHEL unit eyes acquisitions

Rediff.com14 Dec 2009

The Tiruchi unit of Bharat Heavy Electricals Ltd (BHEL) is considering four-five companies as candidates for acquisitions, its executive director, A V Krishnan, told Business Standard.

Why tender for 44 Vande Bharat trains are cancelled

Why tender for 44 Vande Bharat trains are cancelled

Rediff.com22 Aug 2020

Sources said the railways is keen to ensure that a purely domestic entity bags the tender and once it was felt that the Chinese JV was a frontrunner for the project, it was scrapped.

What has Rajnath ordered for Rs 87.22 billion?

What has Rajnath ordered for Rs 87.22 billion?

Rediff.com14 Aug 2020

The army, air force and navy will all benefit from the defence ministry's approval of 'Make in India' equipment.

Pandemic slows privatisation of train services

Pandemic slows privatisation of train services

Rediff.com26 Aug 2021

Indian Railway Catering and Tourism Corporation (IRCTC), the Indian Railways' wholly-owned listed subsidiary, is eyeing partnerships to offset recurring costs incurred in train operations, which is part of its two-year-old diversification from core catering and ticketing businesses. To this end, it is courting public sector undertakings such as Bharat Heavy Electricals (BHEL) and others to create a special purpose vehicle for the routes for which IRCTC has bid. The Railway ministry opened bids for public private partnerships in passenger train operations in July 2021 and received bids to operate 29 pairs of trains with around 40 modern rakes that would entail an investment of Rs 7,200 crore.

Even as economy reopens, new projects down 82% YoY in Sep

Even as economy reopens, new projects down 82% YoY in Sep

Rediff.com9 Oct 2020

Completed projects saw an improvement of 29.2 per cent over the June quarter, which is valued at Rs 0.31 trillion.

India may see strongest earnings growth globally: Credit Suisse

India may see strongest earnings growth globally: Credit Suisse

Rediff.com8 Dec 2014

India's economy will see the fastest dollar nominal growth in the world in 2015, Credit Suisse says.