Bharat Earth Movers Limited (BEML) has tanked 13% to Rs 445 on reports that the company’s account with the State Bank of India’s Overseas Branch has been frozen by the investigation authority.
Public Sector Undertaking BEML had supplied Tatra trucks worth Rs 5,000 crore to the Army by procuring them from Tatra Sipox UK allegedly "emphasising" that it was dealing with a fully-owned subsidiary of the Czech manufacturers and not any
Bharat Earth Movers Limited (BEML) has slipped almost 5% to Rs 536 in morning deals on reports that the Central Investigation of Bureau (CBI) on Thursday booked VRS Natarajan, chairman of the company, on charges of cheating, criminal conspiracy and
The Central Bureau of Investigation has carried out searches at the residence of BEML Chairman V R S Natarajan in a case of alleged irregularities in hiring a consultancy firm.
Vectra chairman Ravi Rishi was on Monday questioned by the CBI in connection with alleged irregularities in the supply Tatra all-terrain trucks as it prepares to quiz the BEML Chairman V R S Natarajan on Tuesday.
BEML is trading lower by 3% at Rs 562, extending its 7% fall in past two trading days, on reports that the Central Bureau of Investigation (CBI) had questioned three senior officials of the finance and vigilance wings of the company regarding the case of
The Central Bureau of Investigation (CBI) is looking into the payments made by defence PSU BEML to Tatra Sipox UK for the supply of all terrain trucks and plans to sent judicial request to the United Kingdom seeking details of its financial transactions
The divide between Chief of Army Staff V K Singh and his predecessor, Deepak Kapoor, deepened as the latter on Tuesday said he had received no complaint from any level in the Army about the performance of the Tatra trucks.
Defence PSU BEML Ltd today initiated the process of setting up Aerospace Manufacturing Division at SEZ Park near Bangalore International Airport, Devanahalli.
Dismissing Army Chief General VK Singh's comments on Tatra trucks as "not true", state-owned BEML today said that it had never received any single complaint from the force in its over two decades association.
Bharat Earth Movers Limited (BEML) has slipped 6% to Rs 616 on reports that the Chief of Army Staff General V K Singh said he was offered a bribe by Lieutenant General Tejinder Singh on behalf of Tatra and Vetra, suppliers of the vehicles to the company.
Shareholder agreement between BEML, Damodar Valley Corporation (DVC) and Coal India to reinstate mining firm MAMC Ltd would be signed soon, a top BEML official said today.
Diversified PSU Bharat Earth Movers (BEML) is eyeing South-East Asia, Africa and South America markets for supplying earth moving equipment for the mining sector.
BEML is trading higher by 2.7% at Rs 475 on back of news reports that the company is looking at a turnover of Rs 2,000 crore from the mining and construction equipment business during the current fiscal (2011-12), a growth of 25 per cent over last fiscal,