Bharat Dynamics Limited (BDL) and the Indian Army have signed a deal worth Rs 471.41 crore for the refurbishment of IGLA-1M missiles, according to BDL NSE -1.92 percent.
The Asian Development Bank (ADB) and the Indian government have signed a $ 250 million loan to support the National Industrial Corridor Development Program (NICDP).
In this regard, the apex bank has appointed Nageswar Rao Y (Ex-Executive Director, Bank of Maharashtra) as the Administrator of the company under Section 45-IE (2) of the RBI Act.