Mumbai, May 19 (IANS) Bharat Electronics Limited (BEL) on Tuesday reported a 4.61 per cent increase in its consolidated net profit for the March quarter (Q4) of FY26, driven by higher revenue from operations and steady operational performance.The state-run defence equipment manufacturer posted a consolidated net profit of Rs 2,225.22 crore in the fourth quarter, compared to Rs 2,127.04 crore in the corresponding period last financial year (Q4 FY25), according to its stock exchange filing.Revenue…
Latest Memorandum of Understanding News & Updates
Roseau, May 16 (IANS) Minister of State (MoS) for External Affairs, Pabitra Margherita, on Saturday, exchanged an MoU with Domina Minister of Foreign Affairs on Pharmacopoeia and another on a Quick Impact Project(QIP) in Dominica.MoS Marghertia on Saturday, met with Vince Henderson, Minister for Foreign Affairs, International Business, Trade and Energy of Dominica and exchanged ideas on strengthening partnerships across a wide range of sectors.“Glad to exchange an MoU on Pharmacopoeia and anot…
New Delhi, May 16 (IANS) An SIIC IIT Kanpur-incubated startup, ScaNxt Scientific Technologies, entered into an agreement with two institutions under the Ministry of Science and Technology for the technology transfer of India’s first indigenously developed 100 per cent electric compact tractor, a statement has said.The electric compact tractor, developed with over 90 per cent indigenous components, has been specifically designed for India’s small and marginal farmers.Conventional diesel-based…
Abu Dhabi, May 15 (IANS) Prime Minister Narendra Modi was accorded a ceremonial guard of honour upon his arrival in Abu Dhabi on Friday as he began the first leg of his five-nation tour. PM Modi is scheduled to hold talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan, on key areas of cooperation including trade, investment, energy security, and people-to-people ties.Earlier, UAE F16 jets escorted PM Modi’s plane as it entered UAE’s airspace.”The visit will serve to promote the significan…
Kuala Lumpur, May 6 (IANS) The Asian Football Confederation has handed hefty bans to a female match official and a player from Mongolia for attempting to manipulate the outcome of an AFC Women’s Champions League 2025/26 (Preliminary Stage) match, taking firm action against the illegal activity by the two persons involved.The decision to ban the two persons concerned was taken by the AFC Disciplinary and Ethics Committee and announced on Wednesday.”Following an extensive investigation, the AFC …
New Delhi, April 30 (IANS) India and Italy explored prospects for further developing industrial cooperation in the defence sector during a meeting between Defence Minister Rajnath Singh and his Italian counterpart Guido Crosetto in New Delhi on Thursday. Both ministers discussed ways to further develop mutually beneficial defence industrial cooperation under India’s Atmanirbhar Bharat programme and Italy’s defence cooperation initiative. The two sides also exchanged a Bilateral Military Coop…
New Delhi, April 27 (IANS) In a move aimed at strengthening India’s logistics and e-commerce ecosystem, the Department of Posts (DoP) under the Ministry of Communications on Monday signed a Memorandum of Understanding (MoU) with DTDC Express Limited. The agreement was formalised in the national capital in the presence of senior officials from both sides.The MoU was signed by Neeraj Kumar Jha, General Manager of Parcel Directorate at the Department of Posts, and Jatinder Sethi, National Channel…
New Delhi, April 21 (IANS) Highlighting the “endless” possibilities between South Korea and India, South Korean President Lee Jae Myung said on Tuesday that the two nations will move forward as “steadfast partners” in building each other’s future together. President Lee stated that he is “deeply moved” by the life of President Droupadi Murmu, who has overcome social constraints and personal difficulties and has remained dedicated to the community and marginalised.As he wrapped up his three-day S…
New Delhi, April 15 (IANS) The Centre’s Department of Telecommunications and the Securities and Exchange Board of India (SEBI) have signed a Memorandum of Understanding to share telecom intelligence to reinforce the security of India’s financial ecosystem, an official statement said on Wednesday.The agreement will strengthen the cooperation between the institutions in tackling the misuse of telecom resources in securities market frauds and investment-related scams.A Communications Ministry sta…
New Delhi, April 8 (IANS) Jordan’s Ambassador to India Yousef Abdelghani on Wednesday hailed the ties between two nations, terming them “very strong”, “solid” and based on mutual interest and shared values. He also expressed Jordan’s readiness to bolster relationship with India in future. In an interview with IANS, Abdelghani stated that India and Jordan have already agreed to strengthening bilateral trade from around USD three billion to almost USD five billion.”As a matter of fact, our relatio…