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Thursday, April 25, 2024
TopicHindustan Aeronautics Limited

Topic: Hindustan Aeronautics Limited

Tejas Mk-1A carries out maiden flight but delivery to IAF delayed. Here’s why

According to contract for 73 Tejas Mk-1A and 10 trainer aircraft, inked on 1 February 2021, the first Tejas was to be delivered within three years of signing the deal — February 2024.

Mahindra & Brazil’s Embraer tie up for IAF’s mega transport aircraft programme

Embraer and Mahindra will engage with the Indian Air Force to identify the next steps of the MTA program, as well as contact the local aerospace industry in India to start developing the industrialisation plan for the project.

HAL to handover first light combat aircraft to IAF in Bengaluru today

HAL has an order of 18 twin seaters from IAF and is planning to deliver eight twin seaters in FY 2023-24. Further, 10 twin seaters would be delivered progressively by 2026-27. HAL has an order of 18 twin seaters from IAF and is planning to deliver eight twin seaters in FY 2023-24. Further, 10 twin seaters would be delivered progressively by 2026-27.

CAG pulls up state-run HAL for mismanagement in aircraft engine project that caused loss of Rs 159-cr

In report on PSUs tabled in Parliament, auditor says Hindustan Aeronautics Ltd did not plan design and development activities properly, nor did it envisage the associated risks.

HAL expands presence in Malaysia, eyes foray into southeast Asian market

Defence Minister Rajnath Singh inaugurates regional office of state-run Hindustan Aeronautics Limited in Kuala Lumpur. This is HAL's 2nd such office in the country.

HAL, General Electric sign MoU to manufacture jet engine, mark new era for India-US defence ties

Deal is one of big highlights of PM Modi's visit to the US. While India & other countries manufacture their own fighter aircraft, only a select few make jet engines.

Rafale snub no death knell: HAL’s market cap up 280% since IPO launch, it’s now biggest defence PSU

In 2018, when HAL was listed on the stock market, its total market capitalisation was $3.87 billion. As of June 2023, it stands at $14.76 billion — or about Rs 1.18 lakh crore. 

Arms deals to vintage cars — colourful story of Choudhrie clan, ‘Rolls-Royce middlemen’ in CBI case

From 2007-16, the family faced several charges — getting over $100 mn from Russian arms firms to Rolls-Royce making 'secret payments'. Bhanu Choudhrie was named in 2021 Pandora Papers case.

Army helicopter crashes in J&K’s Kishtwar, pilots safe among 3 on board

The aircraft was an advanced light helicopter called ALH Dhruv – a twin-engine indigenously developed utility aircraft by Hindustan Aeronautics Limited (HAL).

HAL records highest-ever revenue of Rs 26,500 cr for 2022-23 but critics sceptical of captive market

HAL’s orderbook stood at around Rs. 82,000 crore at the end of March 2023 after liquidation of the supplies during 2022-23.

On Camera

Imtiaz Ali obsesses over vulgarity, misses Chamkila’s cultural resistance against purity

Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.