 | 6 of 7 defence companies carved out of OFB report provisional profits in initial 6 months of operationSix out of the seven defence companies have reported provisional profits during the initial six months of their operations, according to the defence ministry. |
 | CPI MP Binoy Viswam writes to Rajnath Singh, slams government decision to corporatise OFBThe government dissolved the OFB with effect from October 1 and transferred its assets, employees and management to seven DPSUs. |
 | Ordnance Factory Board dissolved, to be restructured into 7 DPSUs from October 1Ordnance Factory Board dissolved, to be restructured into 7 DPSUs from October 1 |
 | OFB to be dissolved on October 1, employees, assets to go to seven new DPSUsIn a major reform initiative, the Cabinet on June 16 had approved a long-pending proposal to restructure the over 200-year-old Ordnance Factory Board. |
 | Defence Ministry dissolves Ordnance Factory Board, transfers employees and assets to seven PSUsThe central government had announced on May 16 last year that it would improve autonomy, accountability and efficiency in ordnance supplies by corporatisation of the OFB. |
