Navratna Archives - Defence Monitor

27 Jan

BEL’s Armoured Engineer Reconnaissance Vehicle inducted into Indian Army

Bengaluru/Pune: The first batch of next-generation Armoured Engineer Reconnaissance Vehicles (AERV), indigenously designed and developed by DRDO and manufactured by the Pune Unit of Navratna Defence PSU Bharat Electronics Limited (BEL), was formally inducted into Indian Army by Gen Manoj Mukund Naravane, PVSM, AVSM, SM, VSM, ADC, Chief of Army Staff, on December 21, 2021. The vehicles were inducted into the Corps of Engineers at a ceremony held at Bombay Engineering Group (BEG), Pune, in the presence of Mr Dinesh Batra, Director (Finance), BEL; Lt Gen Harpal Singh, PVSM, AVSM, VSM, ADC, Engineer-in-Chief; Lt Gen J S Nain, AVSM, SM, GOC-in-C,…

22 Sep

Mrs Anandi Ramalingam, BEL CMD, wins PRCI’s ‘Chanakya Award’ for Good Governance

Bengaluru: Mrs Anandi Ramalingam, Chairman & Managing Director of Navratna Defence PSU Bharat Electronics Limited (BEL), has received the Public Relations Council of India (PRCI)’s ‘Chanakya Award’ for Good Governance. BEL received as many as 15 awards instituted by the PRCI for excellence in Communication, Media Relations, Branding, Human Resource Management during COVID-19, etc, at the 11th PRCI Excellence Awards 2021, held in Goa on September 17 and 18, 2021. Mr Ashok K S, AGM (HLS & Smart Cities)/BEL-Bangalore, received the award for Mrs Anandi Ramalingam from Dr Pramod Sawant, Hon’ble Chief Minister of Goa. Mrs Shirin Samuel, DGM (Corp Comm),…

14 Aug

Raksha Mantri inaugurates BEL Transducer Production Facility, Oxygen Concentrator

Bengaluru: The Hon’ble Raksha Mantri, Shri Rajnath Singh, on Friday inaugurated (through Videoconference) the Transducer Production Facility established at Navratna Defence PSU Bharat Electronic Limited (BEL)’s Bangalore Complex, and Oxygen Concentrators manufactured by BEL under the PM Cares initiative, at a ceremony organised as part of the 75th Independence Day celebrations (Azadi Ka Amrit Mahotsav) of India.Mrs Anandi Ramalingam, officiating CMD, Directors and other senior officers of BEL and the Ministry of Defence were present. Transducer Production facility: Set up at a cost of Rs.30 Crores, this is a very large in-house facility catering to the production and testing of a wide…

24 Feb

BEL wins 3 Governance Now Awards

New Delhi: Navratna Defence PSU Bharat Electronics Ltd (BEL) has received three ‘Governance Now’ Awards: for Research & Innovation, HR Excellence and Geo-Strategic Reach.The awards were received by Mr Ranjan Banerjee, GM (Central Marketing), and Mr Sanjay Kumar Dwivedi, Sr DGM (Central Marketing), on behalf of BEL from Mr Arjun Ram Meghwal, Union Minister of State in the Ministry of Water Resources, River Development & Ganga Rejuvenation and Parliamentary Affairs, and Mr Shailesh Lodha, noted actor and writer, at the 7th Governance Now PSU Awards held on February 19, 2020, at New Delhi. The Governance Now Awards recognises the efforts of…

19 Apr

BEL wins Jamnalal Bajaj Fair Business Practices Award

BANGALORE: Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the Jamnalal Bajaj Award for Fair Business Practices, instituted by the Council for Fair Business Practices, in the Manufacturing Enterprises – Large category. Cdr (Retd) Sanjiv Bhende, AGM (Regional Office-Mumbai), BEL, received the award on behalf of BEL from Mr Uday Kotak, Managing Director of Kotak Mahindra Bank, at the award ceremony held at Mumbai. Justice A P Shah, former Chief Justice of the Delhi High Court, and Mr Shekhar Bajaj, CMD, Bajaj Electricals Ltd, were present. The Council for Fair Business Practices recognises and commemorates businessmen and industrialists who uphold…

26 Oct

BEL registers 35 % growth in 2nd Quarter of FY 2018-19

Banglore: Navratna Defence PSU Bharat Electronics Limited (BEL) has during the second quarter of FY 2018-19, achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1st Quarter of current year and corresponding quarter of the previous year. The Company has achieved a Turnover of Rs. 3282.40 Cr, during the 2nd quarter of FY 2018-19, registering a growth of about 35 %, over the Turnover of Rs. 2431.73 Cr recorded in the corresponding period of the previous year.Profit After Tax (PAT) during the 2nd quarter of FY 2018-19 stood at Rs. 571.31 Cr, registering…

30 Aug

BEL receives 4 PSE Excellence Awards

Bangalore: Navratna Defence PSU Bharat Electronics Ltd (BEL) has been conferred with four PSE Excellence Awards (2017), instituted by the Indian Chamber of Commerce (ICC): ‘Company of The Year’ award and 3 more awards in the Maharatna & Navratna category for ‘Human Resource Management Excellence’, ‘R&D, Technology Development & Innovation’, and ‘Operational Performance Excellence’. The awards were received on behalf of BEL by Mr M M Joshi, Executive Director (National Marketing), BEL, from Dr Ajay Dua, former Secretary, Ministry of Commerce, Government of India, at the awards ceremony held on August 29, 2018, at New Delhi. The award citation for the…

14 Aug

Training aid to sharpen shooting skills of Defence, Paramilitary & Police forces: BEL, CSIR-NAL sign TCA

Bangalore: Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a Technical Collaboration Agreement (TCA) with CSIR-NAL for the design and engineering, production and commercialisation of Electronic Target System (ETS), a modern training aid meant for enhancing marksmanship of Defence and Paramilitary forces during live firing exercises on the field. The agreement, which heralds a new beginning in the ties between BEL and CSIR labs for developing products targeting niche market segments, was signed by Mrs Anandi Ramalingam, Director (Marketing), BEL, and Mr Jitendra J Jhadav, Director (CSIR-NAL), in the presence of Mr Gowtama M V, Chairman & Managing Director, BEL, and…

31 Jul

BEL registers 23% growth in turnover during Q1 2018-19

Bangalore: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Net Turnover of Rs.2077.84 Cr, during the 1st quarter of FY 2018-19, registering a growth of about 23%, over the Net Turnover of Rs. 1694.55 Cr recorded in the corresponding period of the previous year. Profit Before Tax (PBT) during the 1st quarter of FY 2018-19 stood at Rs. 250.21 Cr, registering a growth of about 40% over the Profit Before Tax (PBT) of Rs. 179.27 Cr recorded in the corresponding period of the previous year. Profit After Tax (PAT) during the 1st quarter of FY 2018-19 stood at Rs.…

13 Jun

Hon’ble Defence Minister inaugurates BEL Representative Office in Vietnam

Hanoi, Vietnam: The Hon’ble Defence Minister, Smt Nirmala Sitharaman, today inaugurated the first Representative Office of Navratna Defence PSU Bharat Electronics Limited (BEL) in Vietnam. Smt Nirmala Sitharaman handed over the symbolic key of the Representative Office of BEL at Vietnam (VIRO) to Mr Gowtama M V, Chairman & Managing Director, BEL, during the Vietnam-India Defence Industry Business Meeting held at Hotel Melia, Hanoi, today, in the presence of His Excellency Mr P Harish, Ambassador of India to the Socialist Republic of Vietnam, Dr Ajay Kumar, Secretary (Defence Production), and other senior officials of India and Vietnam Defence forces. VIRO is…