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BEML privatisation moves into phase 2

In January this year, the Central Government had invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in Bharat Earth-Movers (BEML).

BEML privatisation moves into phase 2

Earlier, interested bidders were told to submit their EoIs on or before March 1. However, the Government recently extended the deadline for submitting preliminary bids till March 22.

On Course for Success

Road construction is driving the Indian compactors market. This is expected to continue. ?Most of the current demand for both soil and tandem compactors is for road projects,? says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.

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