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.
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.
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.
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.
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.
The aircraft was an advanced light helicopter called ALH Dhruv – a twin-engine indigenously developed utility aircraft by Hindustan Aeronautics Limited (HAL).
At the floor price, which is lower than Wednesday’s share price of Rs 2625.20 per share on the BSE, the stake sale will be valued at about Rs 2,867 crore.
HAL plans to equip the HLFT-42 with modern avionics like Active Electronically Scanned Array, Electronic Warfare Suite, Infrared Search & Track with Fly by Wire control system.
A study by Swedish think tank SIPRI found that arms sales from companies in Asia & Oceania registered higher sales than European firms, while US manufacturers saw a drop of 0.9 per cent.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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