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

BEL secures fresh orders worth Rs 585 crore since June 5

Time of India17 hours ago

Live Events
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
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.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Centre unveils Rs 2.3 crore startup challenge to boost renewable energy innovation
Centre unveils Rs 2.3 crore startup challenge to boost renewable energy innovation

Hans India

time28 minutes ago

  • Hans India

Centre unveils Rs 2.3 crore startup challenge to boost renewable energy innovation

New Delhi: The government on Saturday launched an innovative 'Start-Up Challenge' with a total prize pool of Rs 2.3 crore to accelerate rooftop solar and distributed renewable energy innovations in the country. The selected innovators will compete for Rs 2.3 crore, including Rs 1 crore for first prize, Rs 50 lakh for second prize, Rs 30 lakh for third prize, and 10 consolation prizes of Rs 5 lakh each. Last sate for application is August 20 and the result will be announced on September 10. Winners will also gain incubation support, pilot implementation opportunities, and mentorship from domain experts and investors, facilitated by MNRE and NISE, according to a Ministry of New and Renewable Energy statement. The unique national innovation challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed energy ecosystem. It is being implemented under the aegis of MNRE with support from the National Institute of Solar Energy (NISE), and in coordination with StartUp India, DPIIT. The Start-Up Challenge seeks applications from innovators and startups in India, focusing on four key categories to boost renewable energy adoption. These are affordability – making rooftop solar affordable for low- and middle-income households using innovative financing, modular systems, and circular economy strategies. Resilience is another category, to enhance climate resilience, grid stability, and cybersecurity in solar infrastructure, especially for vulnerable and remote areas. Inclusivity – expanding access to underserved communities through community solar, virtual net metering, and inclusive financing models, and 'environmental sustainability' – promoting eco-friendly technologies such as solar panel recycling, land-neutral solar deployment, and hybrid clean energy models, are the last two categories. The challenge welcomes a wide range of startups in green tech, IoT, AI, blockchain, construction, energy hardware, fintech, and waste management.

'Usual Mix Of Lies': BJP Responds With 'Reality' To Rahul's 'Claims' Over PM's 'Make-In-India'
'Usual Mix Of Lies': BJP Responds With 'Reality' To Rahul's 'Claims' Over PM's 'Make-In-India'

News18

time31 minutes ago

  • News18

'Usual Mix Of Lies': BJP Responds With 'Reality' To Rahul's 'Claims' Over PM's 'Make-In-India'

Last Updated: BJP leader Vishnu Vardhan Reddy accused Rahul Gandhi of "mixing lies, drama, and twisting facts". The Bharatiya Janata Party on Saturday attacked Leader of Opposition in Lok Sabha and Congress MP Rahul Gandhi after he criticised Prime Minister Narendra Modi saying that despite promises of a "Make in India" factory boom, manufacturing in the country is at a record low and youth unemployment is very high. Rejecting the Congress leader's claim, the BJP leader and the party's Andhra Pradesh vice-president, Vishnu Vardhan Reddy, accused Rahul Gandhi of 'mixing lies, drama, and twisting facts". Elaborating on Rahul Gandhi's claims over the effectiveness of the 'Make in India" initiative, the BJP leader took to X and listed out the Congress leader's 'claims" with 'reality check". Rahul Gandhi at it again with his usual mix of lies, drama, and twisted facts. Here's a simple takedown of his latest claims on 'Make in India":* Claim: Manufacturing is downReality: India is now the 2nd largest mobile maker, rising in semiconductors, defence, EVs, solar… — Vishnu Vardhan Reddy (@SVishnuReddy) June 21, 2025 He also pointed to rising youth unemployment and a doubling of imports from China, accusing Prime Minister Narendra Modi of focusing on slogans rather than real solutions. In a post on X, Rahul Gandhi shared a video and wrote, 'Make in India" promised a factory boom. So why is manufacturing at record lows, youth unemployment at record highs, and why have imports from China more than doubled? Modi ji has mastered the art of slogans, not solutions. Since 2014, manufacturing has fallen to 14% of our economy." 'Make in India" promised a factory boom. So why is manufacturing at record lows, youth unemployment at record highs, and why have imports from China more than doubled?Modi ji has mastered the art of slogans, not solutions. Since 2014, manufacturing has fallen to 14% of our… — Rahul Gandhi (@RahulGandhi) June 21, 2025 The Congress leader also highlighted the challenges faced by India's youth. "With no new ideas, Modi ji has surrendered. Even the much-hyped PLI scheme is now being quietly rolled back. India needs a fundamental shift – one that empowers lakhs of producers through honest reforms and financial support. We must stop being a market for others. If we don't build here, we'll keep buying from those who do. The clock is ticking," the post read.

Gold declines Rs 600 to Rs 99,960/10 g; silver plunges Rs 2,000/kg
Gold declines Rs 600 to Rs 99,960/10 g; silver plunges Rs 2,000/kg

The Print

time32 minutes ago

  • The Print

Gold declines Rs 600 to Rs 99,960/10 g; silver plunges Rs 2,000/kg

Gold of 99.5 per cent purity dipped Rs 550 to Rs 99,250 per 10 grams (inclusive of all taxes). The yellow metal had closed at Rs 99,800 per 10 grams on Thursday. The precious metal of 99.9 per cent purity had settled at Rs 1,00,560 per 10 grams in the previous market session. New Delhi, Jun 20 (PTI) Gold prices slipped below the Rs 1 lakh-mark, falling Rs 600 to Rs 99,960 per 10 grams in the national capital on Friday due to selling by jewellers and stockists in line with weak global cues, according to the All India Sarafa Association. Silver prices also diminished Rs 2,000 to Rs 1,05,200 per kilogram (inclusive of all taxes) on Friday. It had ended at Rs 1,07,200 per kg on Thursday. 'Silver slid from recent highs, nearing one-week lows and heading for their first weekly decline in three weeks. It fell below USD 35.70 per ounce after a sharp rally earlier in the week. 'The decline came as investors liquidated positions in bullion to cover losses elsewhere amid rising geopolitical tensions between Israel and Iran,' Rahul Kalantri, Vice-President, Commodities at Mehta Equities, said. The Bank of England on Thursday also held rates steady in its monetary policy meetings, which also limited gains of precious metals. However, intensifying conflict between Israel and Iran, and weakness in the rupee is also supporting prices of gold and silver in the domestic markets, Kalantri said. On the global market, spot gold was trading at USD 3,353.67, lower by USD 16.72 per ounce, or 0.5 per cent. Spot silver fell 0.77 per cent to USD 36.10 per ounce in the overseas markets. 'Traders will watch developments on US trade tariffs and Middle East military engagement will drive volatility. Any signs of de-escalation or non-involvement from the US in the Iran-Israel conflict could keep gold under pressure. 'On the other side, renewed tensions will continue to support prices,' Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, said. PTI HG HG TRB BAL This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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