BEL, HAL and PFC to join the Navratna Club
Bharat Electronics Ltd, Hindustan Aeronautics Ltd and Power Finance Corporation Ltd will be conferred the Navratna status given to state-run companies that have a good track record in terms of earning profits and productivity.
Finance Minister P Chidambaram would confer the honour on these companies tomorrow.
National Aluminium Company, National Mineral Development Corporation, Power Grid Corporation and Rural Electrification Corporation were those who failed to make it to the list that boasts of names like ONGC, BHEL, MTNL, GAIL, IOC, HPCL, BPCL, NTPC and SAIL.