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  1. economictimes.indiatimes.com › markets › stocksBEL shares under spotlight after government nod for JV with ...

    4 hours ago · Shares of Bharat Electronics will be in focus after the government approved a joint venture with Israel Aerospace Industries. The JV will support Medium-Range Surface to Air Missile Systems in India. BEL shares have risen significantly, delivering 111% returns in the past year and 57% this year.

  2. www.business-standard.com › markets › newsBEL down 3% despite MCA nod for incorporating JV with Israel ...

    27 minutes ago · In an exchange filing, BEL said, “This is to inform you that, the Ministry of Corporate Affairs (MCA) has approved incorporation of " BEL IAI AeroSystems Private Limited" on 25'h September 2024 a Joint Venture Company between Bharat Electronics Limited and Israel Aerospace Industries Limited, Israel.”

  3. www.equitypandit.com › bharat-electronics-gets-mcaBharat Electronics Gets MCA Nod for Joint Venture with Israel ...

    7 hours ago · Shares of Bharat Electronics Ltd. (BEL) fell by 3% after reaching a day’s high of Rs 294.60 on 30th September, despite the company announcing that it had received approval from the Ministry of Corporate Affairs (MCA) for the incorporation of a new joint venture, ‘BEL IAI AeroSystems Private Limited,’ in collaboration with Israel Aerospace Industries (IAI).

  4. www.cnbctv18.com › market › stocksBharat Electronics secures MCA approval for joint venture ...

    2 days ago · For the successful incorporation and operation of the joint venture, BEL will need to secure additional regulatory approvals from the Ministry of Defence in India, as well as from the Committee of Ministries for Social & Economic Affairs in Israel. For the June quarter, Bharat Electronics's net profit increased by 46% year-on-year to ₹776 ...

  5. in.benzinga.com › markets › equitiesBharat Electronics-Israel Aerospace Industries Joint Venture ...

    3 days ago · The Ministry of Corporate Affairs (MCA) has approved the incorporation of “BEL IAI AeroSystems Private Limited”, a joint venture between Bharat Electronics Limited and Israel Aerospace Industries Limited. What Happened: The MCA’s approval for the joint venture came on Friday, according to the official announcement. The new entity, BEL IAI ...

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  7. www.ndtvprofit.com › business › government-approvesGovernment Approves Incorporation Of Bharat Electronics' JV ...

    1 day ago · The company has 40% shareholding in the new joint venture, owning 1,64,000 shares of BE IAI AeroSystems. The Ministry of Corporate Affairs today approved the incorporation of BEL IAI AeroSystems Pvt Ltd., a joint venture between Bharat Electronics Ltd. and Israel Aerospace Industries Ltd. The new joint venture will provide product support ...

  8. www.indiainfoline.com › news › companiesBEL-IAI JV Gets Government Nod | India Infoline

    7 hours ago · 30 Sep 2024 , 09:35 AM. Shares of public sector unit Bharat Electronics will be under scrutiny on Monday after the union government approved a joint venture with Israel Aerospace Industries ...