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Sleeper Edition Vande Bharat: Prototype Train To Roll Out From BEML In April 2024
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Bengaluru Suburban Rail: BHEL, BEML And CAF Express Interest To Supply Coaches And Rolling Stock On PPP Mode
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Russian TMH Among Five Major Players Qualified To Enter Final Bid For Making 200 Vande Bharat Trains
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Delhi Metro To Construct Bahrain Metro Phase-1 Project, Inks $Two Billion Pact With BEML For Rolling Stock Supply
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BEML (Pic Via Wikipedia)
In a positive development for the Government s disinvestment programme to spur economic growth, at least six private sector companies are said to be looking to purchase a 26 per cent stake in state-run defence equipment maker BEML Ltd,
Livemint.
The Government has invited expressions of interest (EoIs) for the sale of 26 per cent of its 54 per cent shareholding in the defence equipment maker along with the transfer of management control. The Department of Investment and Public Asset Management (DIPAM) initially set the deadline for this regard as 1 March, which was later extended to 22 March.
The news led to a sharp interest in the defence manufacturerâs share and it was trading at Rs 1394 (up by over 18 per cent) at 11:45 am.