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Cabinet ratifies 4.66% stake sale in BHEL

Last Updated: Tuesday, May 13, 2014, 19:42

The Cabinet Committee on Economic Affairs (CCEA) Tuesday ratified the decision to sell 4.66 percent stake in power equipment maker BHEL through block deal route.

BHEL up over 10% on stake sale buzz; top Sensex, Nifty gainer

Last Updated: Tuesday, May 13, 2014, 19:37

Shares of Bharat Heavy Electricals Ltd (BHEL) on Tuesday settled more than 10 percent higher following reports that the Cabinet is likely to ratify the decision to sell 4.66 percent stake in the power equipment maker through a block deal.

BHEL shares down over 3% as annual profit slides

Last Updated: Monday, April 07, 2014, 18:59

Bharat Heavy Electricals Ltd's shares were down over 3 percent Monday after the company's net profit more than halved in the previous financial year.

Heavy borrowing cost on BHEL signals aggressive shorts

Last Updated: Friday, February 07, 2014, 13:30

The high costs charged for lending and borrowing on Bharat Heavy Electricals Ltd(BHEL.NS) indicate shorts are building up, analysts say.

FinMin proposes BHEL stake sale through block deal to FIs

Last Updated: Sunday, February 02, 2014, 12:55

State financial institutions include LIC and PSU banks.

Panel to consider two-year extension for BHEL chief Rao

Last Updated: Thursday, December 26, 2013, 19:43

The proposal has now been referred to the informal committee of secretaries and there are indications that Rao will get an extension.

Slackness in large infra projs pose challenges: BHEL

Last Updated: Wednesday, November 20, 2013, 19:56

Bharat Heavy Electricals Ltd (Bhel), a USD 9 billion engineering and manufacturing enterprise, is grappling with tough business environment including sluggishness in the power sector.

Bhel bags Rs 96 crore worth order from NTPC

Last Updated: Thursday, September 05, 2013, 23:32

BHEL will execute the project covering all works from concept to commissioning and will operate and maintain the project for one year, it added.

BHEL shares plunge 19% on poor Q1 results

Last Updated: Monday, August 05, 2013, 14:30

Shares in Bharat Heavy Electricals (BHEL) fell as much as 19.8 percent, after its quarterly profit dropped 49 percent on sharply lower sales in its power and industry businesses in a slowing economy.

BHEL filed one patent application every day last fiscal

Last Updated: Thursday, June 06, 2013, 18:52

With as many as 385 filings, state-run Bharat Heavy Electricals Ltd on an average filed one patent application every day in the last fiscal.

'Govt taking steps to protect BHEL from Chinese competition'

Last Updated: Thursday, May 02, 2013, 23:04

The government Thursday said it is taking steps to protect the interest of power equipment maker Bharat Heavy Electricals Ltd in the wake of competition from Chinese players.

Cabinet approves merger of BHPV with Bharat Heavy Electricals

Last Updated: Thursday, February 21, 2013, 21:54

The government today approved the merger of Vishakhapatnam-based Bharat Heavy Plate & Vessels with state-run power equipment major Bharat Heavy Electricals Ltd (BHEL).