Bhel

  • CBI searches seven places in connection with BHEL fraud July 18, 2014

    The CBI searched seven places associated with officials of Bharat Heavy Engineering Corporation (BHEL) and private vendors on Friday, for allegedly submitting inflated bills causing a loss of Rs 59.8 lakh to the company. "After obtaining search warrant from the Special CBI court, searches were conducted at seven official and residential...
  • Sensex surges 319 points to new closing peak; SBI zooms 10 pc May 23, 2014

    Mumbai: The benchmark Sensex surged 319 points, clocking its biggest rise in over a week, to end at a new closing peak of 24,693.35 on Friday boosted by a spike in SBI after its earnings and heavy buying in power shares on hopes of a big push under the incoming...
  • British HC visits polling centres in Lucknow, Rae Bareli April 30, 2014

    British High Commissioner to India James David Bevan on Wednesday visited Lucknow and Rae Bareli and met candidates to know closely about the general election process in the country. According to official sources, Bevan, who reached Lucknow in the morning, visited several polling centres. He later visited the Election Commission office...
  • Bhel wins Rs 125 cr order for hydro power project in Uttarakhand March 31, 2014

    State-owned power equipment maker Bhel has secured Rs 125 crore contract for setting up a 120 MW Hydro Electric Project in Uttarakhand. "Valued at Rs 125 crore, the order for setting up of hydro generating sets and associated electro-mechanical works for the 120 MW Vyasi project has been placed on Bhel...
  • Sensex at record high of 21,337.67; pharma, metal shares gain January 22, 2014

    Mumbai: The BSE benchmark index Sensex on Wednesday closed at record high of 21,337.67 points gaining 86.55 points as buying emerged in pharma, metal and banking stocks on expectations of strong corporate earnings and rate cut by the Reserve Bank. The 30share barometer, which rose for the third straight day, surpassed its...
  • TCS, ITC biggest wealth creators during 20082013: Study December 14, 2013

    Software major Tata Consultancy Services (TCS) has emerged as the biggest wealth creator over the past five years, while Reliance Industries and RCom top the list of companies where investors lost the most in terms of market capitalisation, says a study. A wealth creation study conducted by financial services company Motilal...
  • Two hour power cut across Chennai from Wednesday December 2, 2013

    Chennai: The Tamil Nadu Generation and Distribution Company has announced a 2 hour compulsory load shedding across Chennai from Tuesday. The load shedding will be rotational in all areas from 8 am to 6 pm. There will be no load shedding at night. The state has been facing a shortage...
  • India to set up world's largest solar project near Sambhar lake in Rajasthan September 21, 2013

    The government on Friday said it has initiated the process of setting up 4,000 MW ultra mega green solar power project near Sambhar lake in Rajasthan. "The Department of Heavy Industry (DHI) initiated the process of setting up the Sambhar Ultra Mega Green Solar Power Project in the 23,000 acre area...
  • Sensex ends 206 points up; Reliance Infra surges 4 per cent August 23, 2013

    Mumbai: 3:00 pm: The Sensex is up 215.34 points or 1.18 per cent at 18528.28, and the Nifty is up 62.85 points or 1.16 per cent at 5471.30, led by private banks, oil and gas, capital goods and metals stocks. The BSE Midcap and Smallcap indices rose 0.9 per cent each....
  • Sensex snaps 8day losing streak, ends 18 points up; BHEL down 19 pc August 5, 2013

    Mumbai: The market snapped 8day losing streak amid volatile session and closed with marginal gains Monday. The support was led by FMCG, metal, technology and banks stocks, but the upside capped by healthcare and capital goods majors. The BSE Sensex was up 18.24 points at 19182.26, and the NSE Nifty gained...
  • BHEL to invest Rs 500 crore in Maharashtra May 14, 2013

    New Delhi: Staterun BHEL on Tuesday said it will invest Rs 500 crore for setting up a manufacturing facility at Bhandara in Maharashtra. "BHEL is setting up a new Power Equipment Fabrication Plant at Bhandara in Maharashtra. The greenfield unit is being set up by the company at an initial...
  • Bhopal: Hospital ward ceiling collapses, many trapped April 26, 2013

    Bhopal: At least 20 people are feared trapped when the ceiling of the first floor of a hospital run by the Bharat Heavy Electricals Limited (BHEL) in Bhopal collapsed on Friday evening. Sources said that the section of the twostorey Kasturba hospital that collapsed housed the women's ward and had...
  • BHEL provisional profit down by 8 per cent in FY13 April 8, 2013

    New Delhi: Bharat Heavy Electricals Ltd (BHEL), India's staterun top power equipment maker, reported on Monday an 8 per cent fall in provisional net profit for the fiscal year ended on March 31. India's power sector has been badly hit by shortages of coal and gas supplies, delays in environmental approvals...
  • Bhopal: Fire at BHEL plant, no casualties reported October 10, 2012

    Bhopal: A major fire broke out at the Bharat Heavy Electricals Limited's (BHEL) plant in Bhopal on Wednesday morning, a company official said. The fire started from BHEL's transformer block number three around 10 AM, spokesperson of the company said. No casualties or injuries were reported in the incident so...
  • ONGC auction through; BHEL divestment on hold March 2, 2012

    New Delhi: The whole ONGC auction confusion has taken its toll on the government's disinvestment plan as this was being seen a test case for more such deals. As a result the divestment of Oil India and heavy engineering goods firm BHEL have been put on hold. Heavy Industries and...
  • TN scraps power joint venture, BHEL surprised February 24, 2012

    Chennai: Taking the stateowned Bharat Heavy Electricals Ltd. (BHEL) by surprise, Tamil Nadu Chief Minister J. Jayalalithaa on Friday scrapped the 1,600 MW power joint venture with it and announced that the government would fully fund the project itself. In a statement issued here on Friday, Jayalalithaa said there had been...
  • EGoM headed by Pranab clears ONGC stake sale February 15, 2012

    New Delhi: The government cleared stake sale in its Navratna PSU ONGC on Wednesday. The divestment has been cleared by the Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee. Sources say five per cent government stake in ONGC will be offloaded. This is the first divestment cleared by...
  • BP Rao: On maintaining the growth momentum October 28, 2011

    Name: B Prasada Rao Profile: Chairman and Managing Director, BHEL Age: 57 Why he won for proving that a public sector company can hold its own in the face of stiff competition from India as well as overseas. And for cutting through bottlenecks to grab new opportunities in a growing economy. When I...
  • Divestment plans on hold till markets improve September 27, 2011

    New Delhi: The finance ministry has decided to puts its divestment plans on hold in view of the ongoing deterioration in market condition. Sources tell CNBCTV18 that all divestments plans have been put on hold until market stabilises. The ministry may revise its divestment target downwards. The FY12 divestment target of Rs...
  • Locals Vs outsiders fire spreads to Andhra February 20, 2010

    The local versus outsider malaise is fast spreading from Maharshtra to down south. In a shocking incident, Tamil boys were beaten up by Telugu speaking men only because they were hoping to work in Hyderabad. Local job aspirants beat up and chased away more than 20 candidates from Tamil Nadu...
  • Tamil job aspirants beaten up in Andhra Pradesh February 19, 2010

    Hyderabad: After Maharashtra the outsider versus local row and preference to the son of the soil in job recruitment is spreading to other states as well. Several technical institute students from Tamil Nadu were assaulted in Hyderabad on Friday while waiting to be interviewed for jobs at the Bharat Heavy Electrical...
  • Angry party workers waylay Rahul, scream at him May 16, 2008

    Amethi (Uttar Pradesh): Congress General Secretary Rahul Gandhi was stunned on Friday, when an angry crowd of party workers at his Amethi constituency accused him of failing to help them get work in a staterun company. As Rahul Gandhi reached Jagdishpur village, his first stop after Lucknow some 70 km away,...
  • Metro Wipes: News from Indian metros February 12, 2008

    New Delhi: A Deputy General Manager of BHEL, Veerendra Kumar and his wife, Usha committed suicide on Monday morning. The Rs 2,500 crore Rajiv Gandhi International Airport will see the first trial run on Tuesday. The Delhi High Court directed the CBI to file its status report regarding the investigation...
  • Bangalore: BHEL officer, wife commit suicide February 12, 2008

    Bangalore: A top BHEL officer and his wife committed suicide in Bangalore city on Monday. Deputy General Manager Veerendra Kumar and his wife Usha were found dead in their car in the early hours of Monday morning. They allegedly poisoned themselves in the car. Police say they were facing financial...
  • BHEL fiscal profit jumps 44 per cent June 15, 2007

    New Delhi: State owned Bharat Heavy Electricals Ltd (BHEL) has reported a sharp 44 per cent jump in its annual net profit and nearly 30 per cent surge in annual turnover during 200607. The power equipments major has also declared a final dividend of 60 per cent for the year, payable...
  • CISF top guns at BHEL rob jawan May 24, 2007

    New Delhi: Y H Lokapur is a CISF constable at the Bharat Heavy Electricals Limited (BHEL) facility in Hyderabad and is currently fighting a losing battle for justice. His colleagues forged his signature, stole his ATM card and hacked into his bank account, robbing him of Rs 30,00 which amounts...
  • BHEL enters Limca Book of records September 5, 2006

    New Delhi: Public Sector BHEL has entered the Limca book of Records for its contributions towards nation building activities. The PSU has been given an entry in the book's 'Doing India Proud' section. The book recognises BHEL's contribution to the power development programmes in India. The company has supplied products and services...