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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 l...

Auto industry bodies recommend incentivising enhanced domestic value-addition, localisation SECTIONS Last Updated: Mar 05, 2021, 02:38 PM IST Share Synopsis In their presentation, Ayukawa, who is also the MD & CEO of Maruti Suzuki India Ltd and Kalyani, the Chairman & MD - Bharat Forge Ltd, said the aspiration of the sector is to achieve two-fold growth in exports by 2025-26 with automobile manufacturers achieving exports of USD 19 billion and auto component makers touching USD 30 billion. Agencies Automobile and auto components industry bodies SIAM and ACMA on Friday recommended incentivisin...

Bharat Forge Ltd is quoting at Rs 630, up 2.73% on the day as on 12:49 IST on the NSE. The stock is up 28.98% in last one year as compared to a 24.25% jump in NIFTY and a 31.77% jump in the Nifty Auto index. Bharat Forge Ltd gained for a third straight session today. The stock is quoting at Rs 630, up 2.73% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.87% on the day, quoting at 14547.6. The Sensex is at 49555.64, up 1.97%. Bharat Forge Ltd has gained around 14.01% in last one month. Meanwhile, Nifty Auto index of which Bharat Forge Ltd is a constituent, has gaine...

Rajkumar Forge Ltd prepays outstanding term loan

Read more about Bharat Forge Ltd spurts 1.33%, gains for third straight session on Business Standard. Bharat Forge Ltd is quoting at Rs 629.8, up 1.33% on the day as on 12:49 IST on the NSE. The stock is up 25.28% in last one year as compared to a 21.75% spurt in NIFTY and a 29.54% spurt in the Nifty Auto index.