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 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.
With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
COMMENTS