State-owned Manufacturer

Prabal, India's first long-range revolver, will be launched today. Manufactured by Advanced Weapons and Equipment India (AWEIL), a state-owned company, the revolver has a firing range of up to 50 metres.

Semiconductor manufacturer Yangtze Memory Technologies Co (YMTC) is set to receive 12.9 billion yuan (roughly Rs. 15,378 crore) from the state-owned National Integrated Circuit Industry Investment Fund, Bloomberg reported on Thursday, citing government data.

Electronics and IT secretary Alkesh Kumar Sharma on Tuesday said that the production of semiconductors in the country will start very soon. He was responding to a query around plan of action of the Ministry of Electronics and IT after state-owned company Energy Efficiency Services Limited (EESL) raised the issue of shortage of electronic chip and p...

Chinese smart vehicle supplier Shanghai PATEO Electronic Equipment Manufacturing Co raised 1 billon yuan in a latest funding round led by state-owned investment firms.

GlobalFoundries could expand output at its flagship US plant or break ground on a new one next to it, the chief executive of the semiconductor contract manufacturer told Reuters on Wednesday.

Launching a sharp attack on the central government over the Rafale jet deal, Congress President Rahul Gandhi said on Saturday that the state-owned aircraft manufacturer, Hindustan Aeronautics Limited or HAL, had made the fighter planes that dropped bombs on Pakistani soldiers during the Kargil war in 1999, but the government still sidelined the com...

Russia will start initial deliveries of military helicopters to India in 2019, with assembly and manufacturing to follow in Asia's fastest growing economy, the chief executive of state-owned manufacturer Russian Helicopters said on Monday.

State-owned Life Insurance Corp (LIC) has reduced stake in commercial vehicle manufacturer Ashok Leyland by 2 per cent by selling 5.71 crore shares in the open market.

Adhering to stronger corporate governance standards, state-owned Bharat Heavy Electricals Ltd (Bhel) has put in place a policy for whistle-blowers with safeguards to protect their identity and prevent victimisation.

South Korea is interested in buying the Israeli short-range rocket interceptor Iron Dome, its manufacturer said on Sunday.

The Defence Ministry has decided against blacklisting British engine manufacturer Rolls Royce and allowed the armed forces to do business related to essential requirements with the firm, which is facing a CBI probe for allegedly paying commissions and employing middlemen in contracts with state-owned HAL.

State-owned NMDC's plans will add to surging global growth in output of the steelmaking raw material, although a push by the new government to revive manufacturing and industrial growth may boost domestic appetite for iron ore.

State-owned power equipment maker Bharat Heavy Electricals Ltd (BHEL) should be provided subsidy for setting up an integrated manufacturing facility for solar gear so as to reduce India's dependence on imports in this segment, Heavy Industry Minister Praful Patel said on Wednesday.

In a sign of the growing confidence in India's aircraft manufacturing capabilities, Swiss-German RUAG Aviation is looking to purchase around 40 of the modernized version of the Dornier 228 multi-utility planes from state-owned Hindustan Aeronautics Limited (HAL).

Rashtriya Ispat Nigam Ltd (RINL) is looking for a tie-up with a Sri Lankan company for manufacturing steel products there, a senior official of the state-owned steel maker said on Wednesday.

Prabal, India's first long-range revolver, will be launched today. Manufactured by Advanced Weapons and Equipment India (AWEIL), a state-owned company, the revolver has a firing range of up to 50 metres.

Semiconductor manufacturer Yangtze Memory Technologies Co (YMTC) is set to receive 12.9 billion yuan (roughly Rs. 15,378 crore) from the state-owned National Integrated Circuit Industry Investment Fund, Bloomberg reported on Thursday, citing government data.

Electronics and IT secretary Alkesh Kumar Sharma on Tuesday said that the production of semiconductors in the country will start very soon. He was responding to a query around plan of action of the Ministry of Electronics and IT after state-owned company Energy Efficiency Services Limited (EESL) raised the issue of shortage of electronic chip and p...

Chinese smart vehicle supplier Shanghai PATEO Electronic Equipment Manufacturing Co raised 1 billon yuan in a latest funding round led by state-owned investment firms.

GlobalFoundries could expand output at its flagship US plant or break ground on a new one next to it, the chief executive of the semiconductor contract manufacturer told Reuters on Wednesday.

Launching a sharp attack on the central government over the Rafale jet deal, Congress President Rahul Gandhi said on Saturday that the state-owned aircraft manufacturer, Hindustan Aeronautics Limited or HAL, had made the fighter planes that dropped bombs on Pakistani soldiers during the Kargil war in 1999, but the government still sidelined the com...

Russia will start initial deliveries of military helicopters to India in 2019, with assembly and manufacturing to follow in Asia's fastest growing economy, the chief executive of state-owned manufacturer Russian Helicopters said on Monday.

State-owned Life Insurance Corp (LIC) has reduced stake in commercial vehicle manufacturer Ashok Leyland by 2 per cent by selling 5.71 crore shares in the open market.

Adhering to stronger corporate governance standards, state-owned Bharat Heavy Electricals Ltd (Bhel) has put in place a policy for whistle-blowers with safeguards to protect their identity and prevent victimisation.

South Korea is interested in buying the Israeli short-range rocket interceptor Iron Dome, its manufacturer said on Sunday.

The Defence Ministry has decided against blacklisting British engine manufacturer Rolls Royce and allowed the armed forces to do business related to essential requirements with the firm, which is facing a CBI probe for allegedly paying commissions and employing middlemen in contracts with state-owned HAL.

State-owned NMDC's plans will add to surging global growth in output of the steelmaking raw material, although a push by the new government to revive manufacturing and industrial growth may boost domestic appetite for iron ore.

State-owned power equipment maker Bharat Heavy Electricals Ltd (BHEL) should be provided subsidy for setting up an integrated manufacturing facility for solar gear so as to reduce India's dependence on imports in this segment, Heavy Industry Minister Praful Patel said on Wednesday.

In a sign of the growing confidence in India's aircraft manufacturing capabilities, Swiss-German RUAG Aviation is looking to purchase around 40 of the modernized version of the Dornier 228 multi-utility planes from state-owned Hindustan Aeronautics Limited (HAL).

Rashtriya Ispat Nigam Ltd (RINL) is looking for a tie-up with a Sri Lankan company for manufacturing steel products there, a senior official of the state-owned steel maker said on Wednesday.