• Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos
CNBC TV18 Matrix SENSEX NIFTY
You are here : Moneycontrol » News » Business

BHEL takes over ailing Bharath Heavy Plates & Vessels

Published on Mon, May 12 at 08:56 , Updated at Mon, May 12 at 12:29
Source : CNBC-TV18

Email    Print   

ads by google

Bharat Heavy Electricals has taken over ailing state-owned Bharath Heavy Plates & Vessels, or BHPV, reports CNBC-TV18. BHPV with losses of Rs 868 crore was referred to the Board for Industrial and Financial Reconstruction, or BIFR, and the Union Cabinet had given its nod for the revival plan in November 2007.

 

The revival package includes waiver of loans and interest amounting to Rs 415 crore and settlement of all outstanding liabilities worth Rs 264 crore by the Center. This Rs 180 crore company supplies pressure vessels, oxygen cylinders, and boilers to heavy industries.

Messages on Business Talk

Post a comment

Other comments

World economy between recession and infla

raj_tibs-They used make our PM wait and wait!!Make our PM look like a helpless Joker!!!Now with the defeat the Left...

in Business Talk - chief_kamani at 25-Jul-08 11:34

Subdued rainfall not a worry; expect it to recover: Experts

I think altough this rainy season has less to give but oct,nov,dec might be carrying rains in it so, I dont think i...

in Business Talk - Guest at 25-Jul-08 11:27

More on Messageboard »

Rate this article

BHEL
  BSE NSE
Price 1654.90 1654.00
Change -4.01% -4.26%
Vol. 533220 2183685

News

24-07  More power to nuke deal!...

21-07  PM okays grant for APGenco, BHEL pr...

Notices

26-07  Bharat Heavy Electricals Ltd (BHEL)...

24-07  Bharat Heavy Electricals Ltd has in...

Expert Advice

25-07  Status quo on repo rate to trigger ...

24-07  Hold Larsen, BHEL: Baliga...

Management Interviews

23-07  BHEL plans Rs 4200 crore capex by D...

29-05  Orderbook above Rs 53K cr, no impac...

Brokerage Reports

26-07  Buy BHEL, tgt Rs 2230: Emkay Global...

24-07  Buy BHEL, target of Rs 2058: IIFL...

Technical Calls

No Technical Calls on BHEL

Feedback

Wealth Tips

What every parent must do for their kids
How to grow in your career
B-I-G salary, S-M-A-L-L bank balance?
More Tips »

Chat

Ambareesh Baliga

, Karvy Stock Broking

(28 Jul- 16:00hrs)

What's the outlook for the market?  

More Business Talk »

Previous Chat Transcripts »

Poll

Do you think the RBI will raise rates & sound cautious in next week's Credit Policy?

Yes No
 View Result

Newsletter

Keep in touch with News day & night. Subscribe to:

Mobile Services

Get SMS Alerts

  • CNBC TV18 Show Alerts
  • Stock Alerts
  • Breaking News Alerts

Want us to track your stocks 24x7?

Subscribe to our Stock Messaging System

Get news on the move SMS to 52622

  • SMS M for Market News
  • SMS B for Latest Business News
  • SMS S (stock name) for latest news