At 1:52 pm (IST), BHEL was trading at Rs. The Minister ruled out the disinvestment of Bharat Heavy Electricals Limited (BHEL). It also provides defence equipment and electric locomotives to the Indian Railways. In 2018-19 financial year, disinvestment had been done in major CPSEs including Oil and Natural Gas Corporation, Coal India Ltd, Bharat Heavy Electricals Ltd. (BHEL) etc. The government has raised Rs 35,100 crore from asset sale so far in FY19. 6.88 % Invest Now. MMTC, BHEL, Hind Copper, CIL, NTPC, NMDC on first short list for disinvestment 14 Aug, 2018, 06.08 PM IST In the Union Budget for financial year 2018-19, the government had set ⦠The whole ONGC auction confusion has taken its toll on the government's disinvestment plan. NSE Gainer-Large Cap . Disinvestment is not a solution, the employees said. âBHEL has been a profit making venture. BHEL produces turbines and boilers for power generation, which bring in the bulk of its revenue. Neelachal Ispat Nigam Ltd (NINL) is a joint venture company, in which four central PSUs -- MMTC, National Mineral ⦠Follow Newsd On New Delhi, Jan 8 (IANS) The Cabinet on Wednesday approved a proposal to divest equity shares of six PSUs, including MMTC and Odisha Mining Corporation in Neelachal Ispat Ltd. âThe Cabinet has approved divestment of some shares of six companies held in ⦠headway has been made regarding the disinvestment of state-run power equipment maker Bharat Heavy Electricals Ltd (BHEL). VIDEO. The central government on February 4, 2020 stated that it has not taken any decision for strategic disinvestment and privatization of BHEL. RRB NTPC Exam 2020 : Check Application status here from 21st to 30th Sep, 2020. No headway in Bhel disinvestment: Vilasrao Deshmukh - Union minister for heavy industries Vilasrao Deshmukh said any decision regarding disinvestment of Bhel has to ⦠It could just be the time to nibble at select names from this basket. BHEL designs, engineers, constructs and produces a variety of electrical and mechanical equipment for all sectors including oil and gas, transportation, power generation, transmission, defence and other allied industries. The move was expected to bring in new management, technology and investment, which will enable the growth of the company. BHEL Disinvestment News and Updates from The Economictimes.com. FEATURED FUNDS â â â â â Nippon India Liquid Fund Direct-Growth. 1,969, down Rs. The government has raised Rs 35,100 crore from asset sale so far in FY19. BHEL Disinvestment News and Updates from The Economictimes.com. The government has firmed up a list of PSUs to be divested next fiscal, starting with BHEL in April, in a bid to meet the Rs 41,000 crore stake sale target for 2015-16. BHEL is Indiaâs largest power generation equipment manufacturer. Benchmarks . Read more about BHEL dips 3% on disinvestment news on Business Standard. Also, get complete details. LIVE TV हिनà¥à¤¦à¥ मराठॠবাà¦à¦²à¦¾ தமிழ௠മലയാളഠàªà«àªàª°àª¾àª¤à« à°¤à±à°²à±à°à± à²à²¨à³à²¨à²¡ Cabinet clears disinvestment in Neelachal Ispat, BHEL. New Delhi: NMDC Chairman and Managing Director N Brijendra Kumar on Friday said that the Union Cabinet has approved disinvestment of stake of six public sector units (PSUs) in Neelachal Ispat Nigam Ltd, and not that of NMDC. Cyclicals is the best place to take a small bet in your portfolio, says Go India Advisors MD. The Minister of State also stated that the government has fixed the disinvestment target of Rs 1,05,000 crore for the current fiscal year and till last month Rs 18,345 crore was received through disinvestment. The Minister stated that the disinvestment process is ongoing and the timing of a disinvestment transaction depends on the prevailing market conditions and investors' interest. FEATURED FUNDS â â â â â SBI Small Cap Fund Direct ⦠NSE Gainer-Large Cap . Explore more on Bhel Disinvestment. It is up to the Board of BHEL," Union Minister for Heavy Industries Vilasrao Deshmukh told reporters on the sidelines "Bhel disinvestment will happen this fiscal through block deal to LIC," Mathur added. TCS and Infosys emerged top contributors to Sensex gains. Benchmarks . Timing for the BHEL follow-on public offer will depend on the market conditions and the FPO may even be deferred till there is a volatility in the stock exchanges. Source: PTI. We are still missing a few pieces of the jigsaw which would help boost consumption. FEATURED FUNDS â â â â â Axis Long Term Equity Direct Plan-Growth. WATCH LIVE TV . Take Weekly Tests on app for exam prep and compete with others. Latest Current Affairs for Banking, SSC, UPSC etc. FEATURED FUNDS â â â â â SBI Small Cap ⦠Nifty 13,258.55 124.65. Let's reshape it today, Hunt for the brightest engineers in India, I see a possible 20-25% rally in Bharti Airtel from current levels with the downside of about 5%. BHEL Disinvestment News and Updates from The Economictimes.com. BHEL Disinvestment News and Updates from The Economictimes.com. 1,947 after opening at a day's high of Rs. BHEL Disinvestment Likely in April; May Fetch Rs 3,200 cr The government has firmed up a list of PSUs to be divested next fiscal, starting with BHEL to meet the Rs 41,000 crore stake sale target List your Business on Economic Times for Free and reach out to millions of users. BHEL Disinvestment News and Updates from The Economictimes.com. IT stocks rallied. Share: Updated: Mar 18, 2015, 21:32 PM IST . IAS / Civil Services (PCS): FREE study material. English . हिनà¥à¤¦à¥ বাà¦à¦²à¦¾ मराठॠàªà«àªàª°àª¾àª¤à« à²à²¨à³à²¨à²¡ தமிழ௠മലയാളഠతà±à°²à±à°à± ਪੰà¨à¨¾à¨¬à© ارد٠ঠসমà§à¦¯à¦¼à¦¾ à¬à¬¡à¬¼à¬¿à¬ . 21St to 30th Sep, 2020 stated that it has not communicated to.... Protested against the disinvestment and privatization of BHEL, on Thursday, against... Bhel was trading at Rs at 09:29 hrs the share was quoting Rs! 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