logo
BEL secures fresh orders worth Rs 585 crore since June 5

BEL secures fresh orders worth Rs 585 crore since June 5

India Gazette5 hours ago

New Delhi [India], June 20 (ANI): Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL) has secured additional orders worth Rs 585 Crore since the last disclosure on 5th June 2025, according to NSE filing by Bharat Electronics.Additionally, 'major orders received include fire control and sighting system for missiles, communication equipment, jammers, spares, services etc,' according to the BEL.Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. Additionally, BEL is a Navratna PSU under the Ministry of Defence, Government of India.BEL is a multi-product, multi-technology, multi-unit conglomerate with wide expertise in the design, development, engineering, and manufacture of Radars, Weapon Systems, C4I systems, Military Communication systems, Electronic Warfare and Avionics, naval systems, Electro-Optics and laser-based products, Tank Electronics and Gun Upgrades, satcom systems, Strategic Components, and civilian products.BEL has been continuously striving to expand its offerings in the Non-Defence domain, some of its recent notable business initiatives being in the areas of Homeland Security, Cyber Security, Software, Rail and Metro solutions, Civil Aviation, Space Electronics, Medical Electronics, Jammers, Anti-drone systems, Unmanned Systems, etc. Recently, Tata Electronics and state-owned firm Bharat Electronics (BEL) have joined hands to advance the development of indigenous electronics and semiconductor solutions in line with the Centre's vision for self-reliance.The MoU signed between these two is a significant step forward in jointly exploring end-to-end solutions to meet domestic requirements.Furthermore, Bharat Electronics Limited (BEL) and the Indian Army Air Defence also signed a contract for the Integrated Drone Detection and Interdiction System (IDDIS). The system, developed jointly by the Defence Research and Development Organisation (DRDO) and BEL, marks a significant milestone under the Government of India's Make in India initiative. The IDDIS is designed to detect, track, and neutralise hostile drones, providing a crucial layer of protection against evolving aerial threats. (ANI)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Two Arrested In Rs 183 Crore Fake Bank Guarantee Scam
Two Arrested In Rs 183 Crore Fake Bank Guarantee Scam

NDTV

time20 minutes ago

  • NDTV

Two Arrested In Rs 183 Crore Fake Bank Guarantee Scam

New Delhi: The Central Bureau of Investigation (CBI) initiated three distinct cases on May 9, in accordance with directives issued by the High Court of Madhya Pradesh, the agency said in a release on Thursday. According to the release, these cases involve a significant financial fraud involving an Indore-based company that submitted forged bank guarantees totalling Rs. 183.21 crores to the Madhya Pradesh Jol Nigam Limited (MPJNL). In 2023, the company secured three immigration projects in Madhya Pradesh worth a staggering Rs. 974 crores from MPJNL. To support these contracts, eight fake bank guarantees valued at Rs. 183.21 crores were submitted. During initial verification, MPJNL received fraudulent email responses impersonating the official domain of Punjab National Bank (PNB), falsely confirming the authenticity of the bank guarantees. Relying on these confirmations, MPJNL awarded the firm three contracts valued at over Rs. 974 crores in this matter. The CBI launched a large-scale operation on June 19 and June 20, conducting searches at 23 locations across five states: New Delhi, West Bengal, Gujarat, Jharkhand, and Madhya Pradesh. This operation led to the arrest of two individuals from Kolkata, including a senior manager from Punjab National Bank, the CBI said. Both individuals were produced today before the local jurisdictional court in Kolkata and will be brought to Indore on transit remand, it said. The investigation so far has revealed that a Kolkata-based syndicate has been systematically fabricating and circulating fake bank guarantees to secure government contracts across multiple states. Further investigation is still on, it added.

‘Friendship' with 4 women costs bizman 80L in 2 wks
‘Friendship' with 4 women costs bizman 80L in 2 wks

Time of India

time25 minutes ago

  • Time of India

‘Friendship' with 4 women costs bizman 80L in 2 wks

Mumbai: A city businessman's friendship with four women in two weeks through a social media platform cost him Rs 80 lakh. The four women, who contacted him separately, befriended him before convincing him to invest in dollar trading for high returns. They told him that they would trade on his behalf, and gained his confidence by sharing fake profit screenshots. The businessman, in his 50s, sent money in 36 transactions to various accounts provided by the accused persons. He lodged an FIR with the south cyber crime police station, stating the crime occurred between May 16 and June 1. A team led by senior inspector Nandkumar Gopale is probing the case. The businessman told the police that on May 16, while he was surfing the internet, he saw the profile of one Nitya Agrawal on Facebook. She contacted him and claimed she was from an import-export company. Agrawal began chatting with him and shared her WhatsApp number too. She inquired about his business, and he gave her information about it. She told him that she would give him work in her company's joint venture. She then suggested he invest in dollar trading for high returns. When he said he knew nothing about it, Agrawal sent him a link to download an app. He was given a login ID and a password to access the app. He began investing and could see the status of his investment and profit in the app. She gave him various bank account numbers and asked him to send money, claiming they would do dollar trading for him. She also sent Rs 2 lakh to his account to gain his trust. On the same day, he saw the profile of one Dipti Kulkarni, a property dealer. She contacted him, shared her WhatsApp number, and befriended him. She also convinced him to invest in dollar trading, and sent him a link. He was then asked to download an app, and given account numbers to send money. She said she would do trading for him. He sent her money. On May 17, the businessman came across the profile of one Ruchika Bhatt, a property dealer, who began chatting with him and asked him to invest in dollar trading. She also shared her family photo. Similarly, on May 21, he saw the profile of one Aniya Roy, who contacted him and suggested he invest in dollar trading. He followed her instructions, but he asked for his money, the women told him to pay more. The businessman then asked his son to assess the veracity of the apps. After realising that he had been cheated, he lodged an FIR.

After TCS, AP govt allots land to Cognizant in Vizag
After TCS, AP govt allots land to Cognizant in Vizag

Time of India

time32 minutes ago

  • Time of India

After TCS, AP govt allots land to Cognizant in Vizag

Vijayawada: Continuing its aggressive incentive policy stand, Andhra Pradesh govt has decided to allot land to another IT major, Cognizant Technology Solutions , at 99 paisa per acre in Visakhapatnam. The 21.31 acres will be allotted at Kapuluppada area in the city. The State Investment Promotion Board (SIPB), in its recent meeting, approved the proposal of Cognizant to invest Rs 1,583 crore in its new ITES/IT campus. The state govt earlier allotted about 21 acres to another IT services major, Tata Consultancy Services (TCS), at 99 paisa per acre. The new campus of TCS is likely to be launched by the end of July. TCS has promised to provide 12,000 jobs. IT minister Nara Lokesh earlier announced that the govt is ready to give land to top IT companies at the same price as that of TCS if they come up with a promise of creating employment opportunities for local youth. "The state govt is committed to turn Visakhapatnam into the IT capital of Andhra Pradesh and a new investment destination for companies. To kick off the investment cycle rolling, a trigger is needed, and TCS will be that moment," Lokesh said earlier, justifying the allotment of land at almost free of cost to TCS. He said Tata Motors went to Gujarat after Narendra Modi, the then chief minister of Gujarat, offered land at 99 paisa per acre. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo "After Tata Motors landed in Gujarat, an entire ecosystem of automobile industry was created," said Lokesh. The discussions with Cognizant were initiated during the World Economic Forum summit in Davos. According to sources, Cognizant is planning its investment in three phases. The company has set a target of March 2029 for commencement of commercial operations. The project will be 100% self-funded. Together, TCS and Cognizant will bring 20,000 IT jobs to Visakhapatnam. Apart from direct employment, every job in the IT sector is expected to create indirect employment for four people. Besides TCS and Cognizant, Google is also planning to set shop in Visakhapatnam, which, according to sources, will be another major turning point in creating a whole ecosystem in new and emerging technologies like artificial intelligence and data centres.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store