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From popcorn to cornflakes, here are 9 food items that aren't as healthy as you thought!

10 must-try Indian rainy season snacks

New Delhi, State-owned <keyword id="19909029" type="General" weightage="20" keywordseo="bhel" source="keywords">BHEL</keyword> on Wednesday said it has bagged an order to set up a 2,400 <keyword id="20225858" type="General" weightage="20" keywordseo="mw-supercritical-thermal-power-project" source="keywords">MW supercritical thermal power project</keyword> (STPP) from coal <keyword id="20225857" type="General" weightage="20" keywordseo="psu-nlc" source="keywords">PSU NLC</keyword> India Ltd. This is the largest power sector order won by the company through competitive bidding, BHEL said in a statement. "BHEL bags an order for setting up a 2,400 MW Supercritical Thermal <keyword id="47379" type="General" weightage="20" keywordseo="power-project" source="Orion">Power Project</keyword>. BHEL has won the prestigious order under <keyword id="20225859" type="General" weightage="20" keywordseo="international-competitive-bidding" source="keywords">International Competitive Bidding</keyword> (ICB) for the greenfield project on an Engineering, Procurement and Construction (EPC) basis at Jharsuguda in Odisha," the company said. The scope of the EPC contract includes engineering, manufacturing, supply, erection, and commissioning of crucial equipment, such as boilers, turbines, generators, and other auxiliary systems, for the 3x800 MW thermal power project. The scope also includes boilers with biomass co-firing capability and highly efficient latest pollution control equipment. The project will be commissioned within 64 months. On commissioning, this plant will contribute to meeting the future base load requirement of electricity in the country. The major equipment will be manufactured at BHEL's Trichy, Haridwar, Hyderabad, Jhansi, Bengaluru, Ranipet, Bhopal, Rudrapur, and Varanasi plants while the company's power sector - southern region will be responsible for the civil works, and erection and commissioning of the equipment. BHEL has a long-standing partnership with <keyword id="20174233" type="General" weightage="20" keywordseo="nlcil" source="keywords">NLCIL</keyword> and installed a significant 77 per cent of the coal/lignite-based power stations of the utility, totalling 3,590 MW. It is the largest manufacturer of power generation equipment in the country and has been a major partner in the country's vision to achieve self-reliance in energy.

BHEL gets 2,400 MW greenfield power project from NLC India in Odisha

<ul><li><keyword id="6354446" type="General" weightage="20" keywordseo="BHEL" source="Orion">BHEL</keyword> is hiring ten young professionals in the area of Corporate Strategy Management Group.</li><li>The last date to apply for the opportunity is November 30, 2021.</li><li>Candidates selected for the post will be entitled to a monthly salary of ₹80,000 with reimbursement of the annual premium of ₹3,500 plus GST for mediclaim policy of the family.</li></ul><keyword id="534703" type="General" weightage="20" keywordseo="Bharat-Heavy-Electricals-Limited" source="Orion">Bharat Heavy Electricals Limited</keyword> (BHEL), a Delhi-based government-owned engineering and manufacturing enterprise is inviting applications for ten young professionals in the area of Corporate Strategy Management Group. The last date to apply for the opportunity is November 30, 2021. Candidates selected for the post will be entitled for a monthly salary of ₹80,000 with reimbursement of the annual premium of ₹3,500 plus GST for mediclaim policy of the family. The period of engagement will be one year from the date of joining, which can further be extended to one more year depending upon the completion of the assignment. However, the maximum tenure shall be limited to three years. Eligibility criteria for the role — <ol><li>Applicants should not be more than 30 years of age as of November 1, 2021. </li><li>Candidates should possess a postgraduate (PG) degree or two years of postgraduate diploma in management/engineering , which should be obtained from any of the IIMs or top 50 management institutes as per rankings released by MHRD under the National Institutional Ranking Framework (NIRF), with minimum 70% aggregate or CGPA of 7.0 out of 10. </li><li>The applicants should have a minimum of two years of work experience (as of 01st day of November 2021), which can be either prior or post to attaining a PG degree or a two-year PG diploma in management. </li></ol>The applications received by the company will be scrutinized by a committee and the shortlisted candidates may be then called for an interaction/interview, if required, by a duly constituted selection board. Job description <ol><li>Selected candidates shall assist the corporate strategy management group in supporting business incubation efforts by providing inputs regarding necessary study/research in new technological areas, the latest development taking place in advanced countries, and feasible technologies. </li><li>Scanning business opportunities in line with the country's investment plans and incentive schemes. </li><li>Monitor and evaluate progress in key targeted initiatives and need for modification in current policies/ practices of the company to achieve success in these initiatives. </li><li>Provide inputs for review meetings between top management for feedback and further implementation. </li></ol>How to apply for the opportunity? <ol><li>Candidates shall fill the online application form given at the official website of <a href="https://www.bhel.com/recruitment">BHEL</a>. </li><li>The application form should consists of the following:</li></ol>a) Letter of Interest (LoI) for the said position.b) Necessary documents to substantiate eligibility details as referred in the application form, including date of birth proof, PG &amp; graduation qualification, final mark sheet of PG (mentioning %ge or CGPA), and experience certificates. Other general rules and regulations — <ol><li>The applicant must ensure that the application form has the necessary documents/attachments. </li><li>No hard copy application shall be entertained. </li><li>Candidates/applicants, who have undergone any major punishment shall not be eligible </li><li>The attached documents shall be in legible form- i.e. the contents should be readable. Attachment of blurred/edited images will lead to disqualification of the candidature. </li><li>Applicants must keep their registered email ID active for at least 6 months as any important intimation/notice with regards to this notification shall be provided by the company through mail only. They are further requested to check their email for any communication from the company in this regard.</li></ol> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/used-car-startup-cars-24-not-in-a-hurry-for-ipo-like-droom-and-cartrade-com/slidelist/87743891.cms">INTERVIEW: The CEO of the biggest startup in the used car e-tail explains why he is skipping the 2021 IPO frenzy</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/apple-is-reportedly-developing-sportskit-framework-to-bring-sports-content-on-its-tv-platform/articleshow/87750762.cms">Apple is reportedly developing “SportsKit” framework to bring sports content on its TV platform</a>

BHEL is looking for ten post grads under 30 for jobs with salary upto ₹80,000 per month

<ul><li>A total of ₹ 32,000 crore will be paid to the winning bidder over a period of 35 years for the maintenance of these trains.</li><li>The financial bids will be opened in the next 45 days.</li><li>The <keyword id="46754" type="General" weightage="100" keywordseo="vande" source="Orion">Vande</keyword> Bharat trains are expected to be a big upgrade from the premium Rajdhani Express service. </li></ul> State-run Bharat Heavy Electricals Ltd (BHEL) has formed a consortium with <keyword id="112351" type="General" weightage="50" keywordseo="titagarh-wagons" source="Orion">Titagarh Wagons</keyword> and is among five entities which have bid for the mega ₹ 58,000 crore contract to manufacture 200 Vande Bharat trains and maintaining them for the next 35 years. Other players in the fray include French railway major Alstom; Medha-Stadler consortium between Swiss railway rolling stock manufacturer <keyword id="6793633" type="General" weightage="50" keywordseo="stadler-rail" source="Orion">Stadler Rail</keyword> and Hyderabad-based Media Servo Drives; Siemens along with BEML, and Russian rolling stock manufacturer <keyword id="6632056" type="General" weightage="50" keywordseo="transmashholding" source="Orion">Transmashholding</keyword> (TMH) along with an Indian firm. Officials said while ₹ 26,000 crore is the upfront payment on the delivery of the trains, ₹ 32,000 crore will be paid to the winning bidder over a period of 35 years for the maintenance of these trains. The <keyword id="6355455" type="General" weightage="50" keywordseo="indian-railways" source="Orion">Indian Railways</keyword> is now evaluating technical bids for the contract. The financial bids will be opened in the next 45 days. According to the tender document, the successful bidder has to produce a prototype of the sleeper class for Vande Bharat trains within 24 months. The Indian Railways is targeting to roll out the first sleeper version of Vande Bharat train by the first quarter of 2024. Till now, the railways has awarded contracts for manufacture of 102 Vande Bharat trains which are all chair car. The Vande Bharat trains are expected to be a big upgrade from the premium Rajdhani Express service. The sleeper class-version of these trains will be run on the routes to cover overnight rail journey like New Delhi-Patna, New Delhi-Lucknow and others. After four years of intensive work and planning, country's first and the second Vande Bharat trains as electric multiple units at semi-high speed, were flagged off by Prime Minister <keyword id="6354477" type="General" weightage="50" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> in 2019 on the New Delhi-Varanasi and New Delhi-Katra in J&amp;K routes. The first VB train was flagged on the New Delhi-Varanasi route and the second one was on New Dehi-Katra route to provide fast rail transportation from the national capital to these pilgrim cities. The railway ministry is also working towards exporting these trains by 2026 to cover the international markets of South Africa and European countries. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/long-covid-linked-with-increased-body-weight-study/articleshow/95906210.cms">Long Covid linked with increased body weight : Study</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/indias-mfg-pmi-hits-3-month-high-in-nov-amid-expansion-in-production-slowdown-in-inflation-sp/articleshow/95905921.cms">India's mfg PMI hits 3-month high in Nov amid expansion in production, slowdown in inflation: S&amp;P</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/wipro-infrastructure-engineering-acquires-pune-based-linecraft-ai-for-an-undisclosed-sum/articleshow/95905792.cms">Wipro Infrastructure Engineering acquires Pune-based Linecraft.ai for an undisclosed sum</a>

BHEL among 5 bidders for Rs 58,000 cr deal to manufacture, maintain 200 Vande Bharat trains

<ul><li><keyword id="6354446" type="General" weightage="20" keywordseo="BHEL" source="Orion">BHEL</keyword> is hiring 27 medical professionals as specialists in E2 grade for its various hospitals/dispensaries in several locations.</li><li>The online application has already begun and the last date to apply is September 7.</li><li>Candidates who are interested in the opportunity will have to pay a non-refundable amount of ₹354 including tax via online mode.</li></ul><keyword id="534703" type="General" weightage="20" keywordseo="Bharat-Heavy-Electricals-Limited" source="Orion">Bharat Heavy Electricals Limited</keyword> (BHEL) is hiring 27 medical professionals as specialists in E2 grade for its various hospitals/dispensaries in these locations -- Trichy, Bhopal, Hardiwar, Hyderabad, Jhansi, Ranipet, Jagdishpur, Visakhapatnam and Delhi/NCR. The online application has already begun and the last date to apply is September 7. BHEL is a state-owned engineering and manufacturing company. Candidates who are interested in the opportunity will have to pay a non-refundable amount of ₹354 including tax via online mode (netbanking/debit card/credit card). <cmsannotation type="cmsannotation" annotationid="Educational qualification for Senior Medical Officer —" comment="subhead" text="Educational qualification for Senior Medical Officer —">Educational qualification for Senior Medical Officer —</cmsannotation> <ol><li>Candidates should hold an MBBS degree with post graduation in the specialisation recognised by Medical Council of India or State Medical Council.</li><li>The candidates should also have at least one year of experience/practice in the speciality.</li><li>Internship training shall also be considered as relevant work experience/practice.</li></ol><cmsannotation type="cmsannotation" annotationid="Other general Instructions —" comment="subhead" text="Other general Instructions —">Other general Instructions —</cmsannotation> <ol><li>The maximum age of the candidate should be 37 years as on August 1, 2021.</li><li>Applicants should possess sound health as each candidate will have to go under a medical examination before joining. No relaxation will be allowed on health standards.</li><li>After joining, no request for transfer or change in place of posting shall be entertained for the first five years of service unless the candidate is transferred by the company in organisational interest.</li><li>No candidates will be entertained who are not invited for the interview.</li><li>Candidates are advised to regularly check their email id for latest updates.</li></ol>Interested candidates can fill out the online form <a href="https://www.bhel.com/recruitment">here</a>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/el-salvadors-bitcoin-experiment-kicks-off-in-less-than-a-week-but-the-protests-against-the-cryptocurrency-are-on-the-rise/articleshow/85767836.cms">El Salvador’s Bitcoin experiment kicks off in less than a week — but the protests against the cryptocurrency are on the rise</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/sumit-antil-clinches-indias-second-gold-in-paralympics-with-a-world-record-in-javelin-throw/articleshow/85766060.cms">Sumit Antil clinches India's second gold in Paralympics with a world record in javelin throw</a>

BHEL is looking for medical professionals across various states in India

Those who have held these stocks for a decade have only lost money

The output of eight core sectors jumped by 56.1 per cent in April mainly due to low base effect and uptick in production of natural gas, refinery products, steel, cement and electricity, official data released on Monday showed. The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 37.9 per cent in April 2020. "This high growth rate in April 2021 is largely due to low Index base in April 2020 consequent to the low industrial production across all sectors caused by nationwide lockdown imposed to contain spread of Covid-19 last year," the ministry said in a statement. According to the commerce and industry ministry data, production of natural gas, refinery products, steel, cement and electricity jumped by 25 per cent, 30.9 per cent, 400 per cent, 548.8 per cent and 38.7 per cent in April, as against (-) 19.9 per cent, (-) 24.2 per cent, (-) 82.8 per cent, (-) 85.2 per cent and (-) 22.9 per cent in April 2020, respectively. Coal, and fertiliser segments too recorded positive growth during the month under review. However, crude oil output dipped by 2.1 per cent in April as against (-) 6.4 per cent in the same month last year. In March this year, the eight sectors had recorded a growth rate of 11.4 per cent. SEE ALSO: <a href="https://www.businessinsider.in/science/health/news/good-nutrition-is-vital-if-you-are-recuperating-from-the-coronavirus-here-is-what-you-should-have/articleshow/83083748.cms">Good nutrition is vital if you are recuperating from the Coronavirus — here is what you should have</a> <a href="https://www.businessinsider.in/stock-market/news/from-bhel-to-heg-and-cg-power-these-infrastructure-stocks-have-turned-10000-to-as-much-as-30600-in-just-six-months/slidelist/83104471.cms">From BHEL to HEG and CG Power ⁠— these infrastructure stocks have turned ₹10,000 to as much as ₹30,600 in just six months</a> <a href="https://www.businessinsider.in/tech/mobile/news/apple-iphone-se-3-smartphone-launch-date-specifications-expected-price-in-india/articleshow/83107752.cms">iPhone SE 3 launch date, specifications, price in India and everything else we know so far</a>

Eight key sectors' output soars by 56.1% in April due to low base effect

Expressing solidarity with the people of Lakshadweep, the <keyword id="28504" type="LOCATION" weightage="20" keywordseo="Kerala">Kerala</keyword> Legislative Assembly on Monday unanimously passed a <keyword id="6359987" type="UNKNOWN" weightage="20" keywordseo="Resolution">resolution</keyword> demanding the recall of island administrator Praful Khoda Patel and requesting the immediate intervention of the Centre to protect the lives and livelihood of the islanders. With this, Kerala has become the first state in the country to come up with a resolution to support the people of the union territory over the recent developments. An archipelago located in the Arabian Sea, Lakshadweep is witnessing protests by local people for some days over the recent actions and administrative reforms being implemented by Patel. Chief Minister Pinarayi <keyword id="6388414" type="COMPANY" weightage="20" keywordseo="vijayan">Vijayan</keyword> moved the government resolution, the first such motion in the 15th <keyword id="144407" type="COMPANY" weightage="20" keywordseo="state-Assembly">state Assembly</keyword>, reminiscing the historic and cultural bond between Kerala and Lakshadweep and criticising the Centre for allegedly trying to destroy the natural democracy there. Stating that the future of Lakshadweep is a matter of concern, he said any attempt to undermine its unique culture and indigenous lifestyle is unacceptable. Anyone who upholds Constitutional values should register a strong disagreement against the actions of the administrator of Lakshadweep, the Chief Minister urged. Setting aside their political differences, members of the ruling CPI(M)-led Left Democratic Front and the Congress- headed United Democratic Front unanimously backed the resolution, except some amendments suggested by the latter. The hard-hitting resolution allegedthat attempts were being made to impose "saffronagendas" and "corporate interests" by destroying the unique way of life of Lakshadweep people. The implementation of the agenda, rolled out in the name of reforms, began with the painting of coconut trees with saffron colour and it has now grown to the level of destroying the traditional habitat, life and natural relationships of the island dwellers, it alleged. Steps have been taken to bring in the Goonda Act in the island where the crime rate is exceptionally low, it said. Pointing out that the authorities also aimed at destroying their traditional livelihood of fishing, the resolution said tents, where the fishermen's boats and nets are kept, have been rampantly destroyed. Through the attempt to exclude beef, which is part of the natural diet of the people of the territory, the Sangh Parivar agenda of banning cow slaughter was being implemented through the backdoor, it alleged. Thus, the administrator has taken the lead in annihilating the indigenous life and culture of the people of a territory inch by inch, the brief resolution further charged. Criticising the Centre's act of giving the administrator special powers to intervene into the affairs of various government departments, Vijayan said it amounted to undermining the island's natural democracy by deploying officials of their choice. "The recent developments in Lakshadweep should be seen as a laboratory of the Sangh Parivar agenda. They are attempting to change the culture, language, lifestyle and food habits of people of the country in tune with their ideology," the Chief Minister alleged. Strong resistance should be raised against this bid to enslave people of a territory to "corporate interests and Hindutva politics", he said. Stating that the central government has the responsibility to ensure that the unique features of the union territory and the native people are well-preserved, the Left veteran said the administrator, who posed a challenge to this, should be stripped of his responsibilities. Opposition <keyword id="1575" type="COMPANY" weightage="20" keywordseo="Congress">Congress</keyword> leader V D Satheesan backed the resolution and said the agenda, being implemented by Patel under the garb of reforms, should be thrown in the Arabian Sea. The Congress and Indian Union Muslim League (IUML) urged the government to directly criticise the BJP-NDA government at the Centre in the resolution. SEE ALSO: <a href="https://www.businessinsider.in/science/health/news/good-nutrition-is-vital-if-you-are-recuperating-from-the-coronavirus-here-is-what-you-should-have/articleshow/83083748.cms">Good nutrition is vital if you are recuperating from the Coronavirus — here is what you should have</a> <a href="https://www.businessinsider.in/stock-market/news/from-bhel-to-heg-and-cg-power-these-infrastructure-stocks-have-turned-10000-to-as-much-as-30600-in-just-six-months/slidelist/83104471.cms">From BHEL to HEG and CG Power ⁠— these infrastructure stocks have turned ₹10,000 to as much as ₹30,600 in just six months</a> <a href="https://www.businessinsider.in/tech/mobile/news/apple-iphone-se-3-smartphone-launch-date-specifications-expected-price-in-india/articleshow/83107752.cms">iPhone SE 3 launch date, specifications, price in India and everything else we know so far</a>

Kerala Assembly passes resolution seeking recall of Lakshadweep administrator

Maruti Suzuki, Wipro, BHEL and other top stocks to watch out for on September 1

<ul><li>The Indian government has pushed through a stack of defence projects to the tune of $1.2 billion on August</li><li>This comes after the Defence Acquisition Council (DAC) had already approved arms projects worth $5.5 billion last month. </li><li>The biggest beneficiary, <keyword id="86569" type="COMPANY" weightage="20" keywordseo="Hindustan-Aeronautics-Limited">Hindustan Aeronautics Limited</keyword> (HAL), saw its share price jump by over 4% as markets opening today morning. </li><li>The entire $1.2 billion will be spent on the domestic industry with companies like Hindustan Aeronautics Limited (HAL) and <keyword id="534703" type="COMPANY" weightage="20" keywordseo="Bharat-Heavy-Electricals-Limited">Bharat Heavy Electricals Limited</keyword> (BHEL) reaping the benefits.</li></ul>India is spending another ₹8.7 lakh crore ($1.2 billion) on defence projects after having already having approved ₹38.9 lakh crore ($5.5 billion) for arms projects last month. <div type="Article" hostid="261" msid="77098939" title="New drones, Rafale fighter jets, tanks and much more — India-China border dispute has lit a fire to upgrade military technology" mstype="2" mssubtype="0"></div> Last time around the lion’s share of the capital— around ₹31.1 lakh crore ($4.44 billion) — was directed towards the domestic industry. This time the entire amount is going to local manufacturers like Hindustan Aeronautics Limited (HAL) and Bharat Heavy Electricals Limited (BHEL). HAL's share price saw a jump over 4% as markets opened today morning. <div type="image" title="HAL share price" msid="77497628" hostid="261" caption="&amp;lt;p&amp;gt;HAL&amp;#39;s share price since July&amp;lt;/p&amp;gt;"></div> BHEL's share price on the other hand remained muted showing a marginal uptake of over 1%. <div type="image" title="BHEL share price since July" msid="77497651" hostid="261" caption="&amp;lt;p&amp;gt;BHEL share price since July&amp;lt;/p&amp;gt;"></div> The projects approved by the Defence Acquisition Council (<a href="https://pib.gov.in/PressReleseDetail.aspx?PRID=1645092">DAC</a>) in its meeting today headed by India’s Defence Minister Rajnath Singh include new aircraft, more firepower for the <keyword id="6355100" type="ORGANIZATION" weightage="20" keywordseo="Indian-Navy">Indian Navy</keyword>, as well as approvals that will speed the procurement and upgrades of unmanned aerial vehicles (UAVs). The <keyword id="15141" type="ORGANIZATION" weightage="20" keywordseo="Indian-Air-Force">Indian Air Force</keyword> (IAF) needs more eyes in the sky In July, the DAC approved the proposal to procure 21 new MiG-29 aircraft along with upgrading the existing 59 already enlisted with the Air Force. It also sanctioned buying 12 new Sukhoi-20 MK I aircraft. Pushing on the narrative of Athmanibhar Bharat, self-reliant India, the government has put an order for 106 of the newly developed Basic Trainer Aircraft from HAL. Initially, 70 of these jets will be inducted to meet the IAF’s training requirements once they receive the required certification. The remaining 36 will be picked up once the HTT-40 fleet — another trainer aircraft that HAL invested ₹550 crore to develop — is operational. Increasing the Indian Navy’s firepower Other than, the primary beneficiary of the DAC’s project approval is BHEL. The government has approved the procurement of an upgraded version of the Super Rapid Gun Mount (SRGM). It is the main fun onboard Navy and Indian Coast Guard warships. According to the government, the upgraded version of the SRGM will increase the capabilities of the warships to manoeuvre against fast-moving targets like missiles. It will also enhance the engagement range of the guns. The <keyword id="6354416" type="ORGANIZATION" weightage="20" keywordseo="Indian-Army">Indian Army</keyword> won’t be left out of the fray. It will be getting new 125 mm Armour Piercing Fin Stabilised Discarding Sabot (APFSDS) ammunition. 70% of the product will be made in India and the ammunition will be brought in under a ‘design and development case’. Other approvals are aimed at speeding up the procurement of Indo-Russian AK 203 guns and push through faster upgrades for UAVs. SEE ALSO: <a href="https://www.businessinsider.in/defense/news/tcs-tech-mahindra-hcl-tech-and-wipro-could-gain-from/articleshow/77478306.cms">India's armed forces are potential clients for TCS, Tech Mahindra, HCL Tech and the likes</a> <a href="https://www.businessinsider.in/defense/news/heres-a-full-list-of-weapons-that-indias-defence-sector-can-get-from-local-companies/slidelist/77459796.cms">List of weapons that India can make at home — and the ones it cannot</a> <a href="https://www.businessinsider.in/defense/news/indias-defence-ministry-introduces-import-embargo-on-101-items-to-boost-atmanirbhar-bharat-abhiyan/articleshow/77442031.cms">India’s Defence Ministry introduces “import embargo” on 101 items to boost Atmanirbhar Bharat Abhiyan</a>

HAL's share price jumps 4% after India approves defence projects worth $1.2 billion

<ul><li><keyword id="6354446" type="UNKNOWN" weightage="20" keywordseo="bhel">BHEL</keyword> has invited foreign companies to ‘Make in India’ as it seeks to capitalise on US-China tensions to solve its cash flow issues.</li><li>Investors cheered the move as the stock surged nearly 10% in two days.</li><li>BHEL’s stock has taken a beating this year, losing half its value after missing FY20 sales by 20%.</li></ul>Bharat Heavy Electricals Limited has invited foreign companies to use its facilities to set up manufacturing bases in the country. The government-owned company has floated an expression of interest in this regard. The stock surged nearly 10% in two days before cooling off, as investors cheered the initiative of a state-owned company looking to invite foreign companies on the fence in China and at the same time resolve its cash flow issues — two birds with one stone. <div type="image" title="BHEL stock 01_01_20 to 04_05_20." msid="75548252" hostid="261" caption="&amp;lt;p&amp;gt;BHEL share price in 2020&amp;lt;/p&amp;gt;"></div> For the year 2020 so far, BHEL’s stock has lost half its value due to the company missing FY20 sales by 15-20%, exacerbated further by the nationwide lockdown and the resulting cash flow concerns, IIFL securities said in its report dated April 20, 2020. “Over the past few weeks, new risks have emerged (of 2nd wave) and hence social distancing is likely to last longer – hampering operations as well as demand across sectors. This will lead to underutilized capacities in the interim, and cash flow issues,” said Axis Capital in its report dated April 21, 2020. The research firm gave BHEL a ‘Buy’ rating with a target price of ₹32, which is an upside of 41% on the current market price of ₹23. BHEL may sell a few units, suggests a new report According to an IANS report, BHEL may sell four to five units of its non-core manufacturing business under government's asset monetisation process during the ongoing financial year. The government also plans to dilute its equity in power equipment manufacturing entity to 26 per cent in phases under the plan unveiled in last years budget. According to official sources, out of the total 16 manufacturing units of the company, few units which do not have material synergies with its core business, such as transportation and water may be put to sale. BHEL has 16 manufacturing facilities across India and has manpower strength of more than 34,000 with 9,000 engineers. This should augur well for foreign companies looking for qualified and skilled labour. “A key lesson for businesses is that the decentralization of manufacturing will have to be adopted as a major strategy to mitigate disruption risks associated with concentrated and localized operations,” BHEL said on May 4. “Rising trade war tensions between the <keyword id="6354458" type="UNKNOWN" weightage="20" keywordseo="US">US</keyword> and China and dire economic news at home have added to the negative sentiment. The lockdown extension and fear that the economy and businesses will take longer to get back on track impacted the markets,” said Vinod Nair, Head of Research at Geojit Financial Services to <a href="https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-12-things-that-will-decide-stock-action-on-tuesday/articleshow/75538196.cms">Economic Times</a>. See also: <a href="https://www.businessinsider.in/business/news/bhel-signs-pact-with-russian-firm-for-defence-projects/articleshow/74101281.cms">BHEL signs pact with Russian firm for defence projects</a> <a href="https://www.businessinsider.in/stock-market/news/global-markets-dive-as-the-us-ratchets-up-tensions-with-china-over-the-coronavirus/articleshow/75532989.cms">Global markets dive as the US ratchets up tensions with China over the coronavirus</a> <a href="https://www.businessinsider.in/business/news/sensex-nosedives-over-1500-pts-nifty-tanks-below-9500/articleshow/75527010.cms">Between US-China bickering and earnings bummer from RIL and HUL, Sensex has lost over 4% in first hour of trading</a>

The way BHEL is trying to turn the tide is a sign of how India wants to capitalise on US-China tensions

New Delhi, May 1 () Around 21,000 employees of BHEL honed skills through e-learning during lockdown to combat COVID-19, the state-run engineering firm said on Friday. Undaunted by the unprecedented halt in operations due to the lockdown, BHEL has achieved a major milestone by successfully implementing a huge employee engagement initiative, it said in a statement. In the past one month, the company has reached out to nearly 21,000 employees to maintain continuity and to facilitate the transition to work-from-home. In addition to focusing on the health and wellbeing of its employees, BHEL has effectively used this lockdown as an opportunity to sharpen the skill set and creativity &amp; productivity of employees, BHEL said. The company has created more than 230 learning opportunities through various e-learning courses / webinars / training on technical, functional, managerial and behavioral domains. BHEL has also collaborated with external resources for certified online-learning courses. The company has also leveraged its vast IT infrastructure to support remote learning by arranging nearly 1000 webex licenses for extensive coverage. KKS MRMR

BHEL employees hone skills in lockdown

New Delhi, Feb 24 () State-owned engineering firm BHEL on Monday launched 'Quality First' initiative to transform its quality processes and systems to meet the future requirements.Talking to , a BHEL spokesperson said it has built a strong reputation in quality with products known for their sturdiness, performance and longevity delivering maximum value to the customers.However, he said that in today's dynamic market scenario, the requirements are becoming increasingly demanding, cost competitive and the robustness of quality processes is a pre-requisite for any company to succeed. Keeping these imperatives in view, BHEL is reviewing and revitalizing its quality processes and systems to better meet the future requirements.Mission 'Quality First' focuses on four objectives -- empower, educate, engage and encourage employees, and putting in place the latest quality processes and systems to further strengthen the quality mind-set within the company.BHEL is implementing a structured model -- Quality360 (latest in-house QMER model) -- to measure and improve the quality system maturity index across all its divisions.Business Excellence movement has been initiated in-line with the latest EFQM 2020 (European Foundation Quality Model). The company has taken a number of steps, including standardization of quality processes and systems, extensive training programs at various levels and introduction of reward schemes to create a future ready workforce, delivering superior products and services.BHEL has received numerous quality awards and was the first PSU to get the CII-EXIM Bank Prize in the year 2006.The PSU adopted the ISO 9000 quality system since its inception in India in early 90's and today all its divisions are ISO-9001 certified.The company is committed to meet and exceed the present and future requirements of its customers by delivering excellent quality products and services.'Quality First' initiative, an integral part of BHEL's multi-pronged Transformation Strategy, is another step towards achieving organisational excellence focusing on maximizing customer value, the spokesperson said. KKS BAL

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