Tag: Public Sector Undertaking

India’s BEL registers growth of 47% in PAT in 3rd Quarter of FY25

By A Correspondent Bengaluru (Karnataka): India’s state-run Bharat Electronics Limited (BEL) has achieved a turnover of Rs. 5643.25 crore (US$651 million), registering a growth of 36.97% during the third quarter of the 2024-25 fiscal over its Rs. 4120.10 crore (US$475 million) recorded in the corresponding period of the […]

India’s Hindustan Aeronautics CARE Rating improves

Bengaluru:India‘s state-run aircraft-maker Hindustan Aeronautics Limited‘s (HAL’s) ratings from CARE Ratings Limited has seen an improvement, with the rating agency upgrading it to ‘CARE AAA Outlook Stable‘. “The CARE Ratings Limited has upgraded the present HAL long-term ratings from ‘CARE AA+ Outlook Stable’ to ‘CARE AAA Outlook Stable’. […]

India defence agency successfully tests Akash-NG surface-to-air missile

New Delhi: India‘s defence research agency today successful flight-tested a new generation surface-to-air missile from the Akash family of locally-made air defence weapon systems, increasing the chances of its induction into the Indian armed forces soon. The Defence Research and Development Organisation (DRDO) successfully flight-tested the Akash-NG missile […]