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.
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.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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