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Latest Indian Defence News

Probe Against BEML to be Widened

Four months after Defence Minister A K Antony gave sanction for the first CBI probe into BEML, Government has widened the scope of investigations into the bribery charges against the state-owned BEML's suspended CMD V R S Natarajan. The Public Sector Enterprise Board (PSEB) has also initiated the process of finding a new Chairman and Managing Director for the Bangalore-based PSU to replace Natarajan, who was at the helm of affairs for 12 years. Natarajan was suspended last week after the CBI, which is going into several cases, including the allegations of bribery in the Tatra truck deal. Read More...

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