July 17, 2015

StocksIn News

  • The Indian Army has shortlisted   Bharat Electronics Limited (BEL) and  Punj Lloyd for a project to upgrade its ageing Zu 23 2B air defence guns in a selection process that has been on for over four years.
  • After several rounds of trials in different weather conditions and terrain, the $100-million contract has been progressed beyond the technical evaluation stage, with commercial bids likely to be opened within the next six months.

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