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MoD signs Rs 2,580 cr deal for Pinaka rocket launchers

In a big boost to the 'Make in India' initiative, the defence ministry has signed contracts worth Rs 2,580 crores with Indian companies to supply six army regiments with Pinaka missiles. The......

HAL wants private firm to build Dhruv chopper

A large Dhruv order could significantly boost Indian defence exports.These have grown from Rs 1,940 crore in 2014-2015 to Rs 10,745 crore in 2018-2019.Ajai Shukla reports. IMAGE: The Dhruv......

India to buy Russian S-400 Triumf air defence missile systems

Ahead of Prime Minister Narendra Modi's visit to Russia, defence ministry's top acquisition council on Thursday cleared the purchase of an estimated Rs 40,000 crore Russian S-400 Triumf air defence......

Parrikar changes the rules, to allow agents in defence deals

The government is open to reviewing all cases of blacklisted defence firms on merit and has partially lifted a ban on Tatra trucks as it prepares a new policy that will allow foreign defence......

PMO bureaucrat orchestrated Tatra scandal: Gen V K Singh

Former Army Chief Gen VK Singh, whose last days in office were marred by a legal battle with the government in the Supreme Court, has sought to drag the Prime Minister's Office over his age row and......

20 central PSUs in pipeline for sale, 6 for shutdown

As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of......

In Centre's fire sale: land, factories, apartments, office space

Processes are at an advanced stage for a number of assets of the Centre and central public sector enterprises (CPSEs) to be monetised. The assets include office space, apartments, factories, land,......

Planning to invest in PSU stocks? Be very careful

In the year to date, 61 PSUs have lost an average of 22 per cent, with five companies losing more than half their share value. The BSE PSU index is down 10.6 per cent. Illustration: Uttam......

Is it safe to invest in PSU stocks?

Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer......

Govt needs to sell stake of over Rs 25,000 crore by Aug 21

Sebi had given an extension last year for PSUs to meet 25% minimum public shareholding rule Illustration: Uttam Ghosh/Rediff.com The government will be required to sell stake worth over Rs 26,980......
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BEML Ltd expects additional orders worth Rs 3,000 crore this year

The company under the Ministry of Defence has set an ambitious revenue target of Rs 4,000 crore in the current fiscal, up from the previous year's... ...

https://economictimes.indiatimes.com/news/defence/beml-ltd-expects-additional-orders-worth-rs-3000-crore-this-year/articleshow/78426233.cms
Stocks to create long-term wealth

Photograph: Kind courtesy Pixabay.com Ajit Mishra, vice president, Research, Religare Broking, answers your queries: Sanjukta Kanungo: Sir, I... ...

http://www.rediff.com/getahead/report/stocks-to-create-long-term-wealth-perfin/20200925.htm
Stocks you must buy, hold, exit

Ajit Mishra, vice president, Research, Religare Broking, answers your queries: karan Sinha: I hold the following stocks. What's your advice?... ...

http://www.rediff.com/getahead/report/guruspeak-stocks-you-must-buy-hold-exit/20200918.htm
20 central PSUs in pipeline for sale, 6 for shutdown

As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered... ...

http://www.rediff.com/money/report/20-central-psus-in-pipeline-for-sale-6-for-shutdown/20200914.htm
BEML bags ₹842 cr mobility vehicles order for Pinaka project

We can’t yet quantify cost reduction due to direct on-boarding in PMS, says Sushant Bhansali of Ambit ...

https://www.thehindubusinessline.com/companies/beml-bags-842-cr-mobility-vehicles-order-for-pinaka-project/article32489397.ece

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