Navratna Defence

27 Jan

BEL signs USD 73 Million contract with Hyperion Global Group LLC, USA, for supply of IoT devices to the US

New York / Bengaluru: Navratna Defence PSU Bharat Electronics Limited (BEL) and Hyperion Global Group, LLC, an infrastructure telecommunication distribution company based in the USA, have entered into a contract to develop, manufacture and supply Internet of Things (IoT) devices for the US market. As per the contract signed on January 21, 2022, BEL will manufacture and supply IoT devices worth US $73 Million to Hyperion during the first year of commencement of supply with a provision to negotiate and supply upgrades of the products, worth US $365 Million, in the next five years. Hyperion's next generation global telecommunications infrastructure devices…

15 Nov

BEL pays Rs. 64.41 Cr Final Dividend to Govt

New Delhi: Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid a total dividend of 200% to the Government of India for FY 2017-18. Mr M V Gowtama, Chairman & Managing Director, BEL, presented the 40% Final Dividend cheque for Rs. 64,41,62,053.20/- (Rupees Sixty-four crores Forty-one lakhs Sixty-two thousand Fifty-three and paise Twenty only), for the year 2017-18, payable on the shares held by the President of India and Government nominee, to the Hon’ble Raksha Mantri, Mrs Nirmala Sitharaman, at New Delhi today, November 15, 2018. The Interim Dividend of 160% (on face value of Re. 1 per equity share) was paid…