In an interview to CNBC-TV18, MV Gowtama, CMD of Bharat Electronics (BEL) spoke about their business outlook for the rest of FY18 and beyond.

Expect revenue to grow by 15% in FY18: BEL

In an interview to CNBC-TV18, MV Gowtama, CMD of Bharat Electronics Ltd (BEL) spoke about the latest happenings in his company and sector.

Citi India Investor Conference 2017: Find out what Citi India is betting big on

The economy has seen signs of a capex cycle recovery off late with stocks like Larsen and Toubro (L&T) surging over 30 percent in 2017 so far while Voltas has gained 53 percent. On the side-lines of Citi India Investor Conference, Anisha Jain of CNBC-TV18 caught up with Venkatesh Balasubramaniam, Director-Capital Goods and Construction, Citi India and MV Gowtama, the CMD at Bharat Electronics.

Expect Rs 6000 cr revenue from sale of EVMs in 2 yrs: BEL

In an interview with MV Gowtama, CMD of BEL spoke about how the company will benefit through the sale of electronic voting machines (EVMs).

Expect Rs 13,000 cr worth of order inflow in FY18, says BEL

Bharat Electronics (BEL) has announced strong provisional numbers for FY17 with a 17 percent growth in revenues and that beats their own guidance.

LR-SAM, Akash orderbook at $2 bn; 15-17% margin sustainable: BEL

LR-SAM and Akash missile system orders could be nearly worth USD 2 billion, adding roughly Rs 13,000 crore to total orderbook in the coming quarters, says MV Gowtama, Chief Managing Director of BEL.

Eyeing orders worth Rs 5000 crore next year: BEML

Speaking to CNBC-TV18 DK Hota, Chairman of BEML said that it has orders worth Rs 7300 crore order so far. Next year, they are aiming at orders worth Rs 5000 crore.

Investment cycle to revive by FY18 for infra, power ind: Thermax

Thermax MD MS Unnikrishnan said the industry may not see a full recovery in sectors like power, cement, steel, oil and gas and fertilisers.

Plan to spend Rs 3K cr on modernization, capacity expnasion: BEL

BEL expects a revenue growth of 15 percent after three years on back of defence programmes, says SK Sharma, CMD of the company.

Union Budget 2015: See Rs 2-2.5K cr more defence proj orders in 2-yrs: Rolta

KK Singh of Rolta India said the company is already ready with the products, so the prototypes would take less than a year to be done.

Tata-L&T consortium shortlisted for mega defence project

The government will fund 80 percent of the prototype cost and partners will be expected to fork out the remaining 20 percent.

L&T teams up with Tata, HCL for Rs 10,000cr defence deal

News of an important defence deal that could have been won by a consortium of companies including L&T is doing the rounds. MV Kotwal, Member of L&T Board & President-Heavy Engineering, tells CNBC-TV18 that the company has partnered with Tata Power and HCL for the deal.

Bharat Electronics aims to retain 20%+ pre-tax margin FY12

Ashwini Kumar Datt, CMD of Bharat Electronics, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, said that the company has been planning to form a new company at a new location to manufacture wafers and modules for the solar cells. He further said that the company hopes to maintain their PBT at over 20%.

Bharat Electronics targets Rs 6200cr revenue in FY12

In an interview with CNBC-TV18, Ashwini Kumar Datt, CMD, Bharat Electronics says, the company’s current order book is Rs 23,600 crore as against Rs 11,300 crore last year. The company, he says, is targeting revenues of Rs 6,200 crore in FY12.