Defence Psu News
Defence PSUs: Crimping value, government style
Given that the new pricing mechanism is applicable on prospective orders and the fact the existing order book will take around three years to execute, one may not see any near-term impact on earnings
2 min read7 Sep 2018Will the government revisit defence manufacturing policy?
The govt is considering involving defence PSUs under the framework of the strategic partnership model, seen as a move to boost defence manufacturing in India
2 min read5 Apr 2018Defence PSUs: where big is not beautiful
Provisional revenues released by these companies imply that Bharat Electronics closed the previous fiscal year with a revenue growth of 13.3%, way more than the 2.2% rise reported by Hindustan Aeronautics
2 min read4 Apr 2018Defence PSUs need to be revitalised, made more dynamic: Sitharaman
Defence minister Nirmala Sitharaman says it is all the more important to make defence public sector undertakings a lot more dynamic, revive them, revitalise them so that they are ahead of the curve
2 min read12 Mar 2018Govt to sell up to 25% stake in 4 defence PSUs via IPO
DIPAM has invited bids for disinvestment in Bharat Dynamics, Garden Reach Shipbuilders & Engineers, Mazagon Dock Shipbuilders and Mishra Dhatu Nigam
2 min read4 Aug 2017Government raises foreign shareholding cap in stock exchanges to 15%
The cabinet also moves to cut red tape around PSU defence firms forming joint ventures with private ones
5 min read28 Jul 2016Three defence PSUs join hands for indigenous submarine project
Bhel, Mishra Dhatu Nigam and Hindustan Shipyard have formed the consortium for building submarines
1 min read30 Dec 2014Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared