Engineering giant Bhel is expected to help the government mop up over Rs 4,500 crore when its shares are sold through a public offer later this year under the disinvestment programme. In recent years, the public sector company has come under pressure from Chinese equipment makers as well local rivals. Bhel CMD BP Rao discusses the company's strategy with TOI. Excerpts:
Q: Where do you see Bhel go from here?
A: We are now in the process of putting together a strategic plan for the next five years and the direction for the next 10-15 years. We had our first top management meet and details are being discussed at different operating levels. This whole thing is going to take six months.
more at:
http://timesofindia.indiatimes.com/business/india-business/Bhel-may-rope-in-partner-for-infra-lending-arm/articleshow/8684505.cms
Wednesday, June 1, 2011
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