Apr 01, 2021 10:25 AM IST
"HAL ended the year with a positive cash balance of around Rs 6,700 crore as against borrowings of Rs 5,775 crore as on March 31, 2020," the company said.
- Mar 18, 2021 07:17 PM IST
The fundamentals are turning for the better for these defence companies. With the recovery taking hold, check out the names in this sector that show enough firepower.
- Jan 13, 2021 06:15 PM IST
Union Defence Minister Rajnath Singh said it is the largest-ever procurement deal in the indigenous military aviation sector.
- Oct 05, 2020 03:53 PM IST
Aviation experts indicated that BIAL may not be keen on the offer since the completion of the second runway and the second terminal will boost KIA’s capacity to handle rising passenger traffic for the next 10-15 years.
- Aug 19, 2020 04:02 PM IST
Currently, the government holds a 90 percent stake in HAL, and it is expected to rake in up to Rs 2,000 crore via the stake sale.
- Apr 16, 2020 01:15 PM IST
Aerosol boxes act as an insulator between the doctor and the patient to various state governments, as part of the fight against COVID-19.
- Mar 09, 2020 07:42 AM IST
Chairman and MD of HAL R Madhavan has said that the company is considering building logistics bases in four countries as they use a number of Russian-origin military aircraft and choppers whose serviceability is "very poor".
- Oct 18, 2019 01:03 PM IST
The employees of Hindustan Aeronautics Ltd (HAL) are on an indefinite strike since October 14 in support of various demands, including wage revision.
- Oct 14, 2019 09:12 AM IST
HAL on October 13 said workers decided to go ahead with the 'indefinite strike' despite it making 'all out efforts' to avert it, an apex body of the employees unions said the management 'refused' to consider their 'fair and reasonable demands'
- Aug 16, 2019 11:12 AM IST
Former Defence Minister Manohar Parrikar had announced this project in October 2016.
- Jun 24, 2019 07:50 PM IST
Singh said that as and when required the HAL borrows from banks to meet its working capital requirements.
- Apr 01, 2019 09:58 PM IST
HAL said it posted a revenue growth in excess of six per cent during 2018-19 as compared to 3.8 per cent during 2017-18.
- Mar 17, 2019 01:59 PM IST
The move is a part of the 'Make in India' programme to catalyse indigenous production in defence manufacturing.
- Feb 22, 2019 05:22 PM IST
The MoU was signed by GVS Bhaskar, Chief Executive Officer, Helicopter Complex and Rajesh Jain, Chief Project Manager (CPM), HAL project zone, CPWD in the presence of R Madhavan, CMD, HAL, a release said.
- Feb 04, 2019 10:15 PM IST
The state-run company has been in news over allegations by the Opposition that it was overlooked when India and France signed an inter-government agreement to procure 36 Rafale jets and the offset contract was awarded to a private company.
- Feb 01, 2019 12:15 PM IST
The pilots were identified as Squadron Leader Samir Abrol and Squadron Leader Siddhartha Negi, both from Aircraft and Systems Testing Establishment.
- Jan 30, 2019 02:36 PM IST
The agency registered five FIRs against Bhaben Mitra and other employees of Hindustan Aeronautics Limited (HAL), Koraput on January 29.
- Jan 08, 2019 10:52 AM IST
Gandhi's attack comes a day after he accused the Modi government of weakening public sector undertaking Hindustan Aeronautics Limited (HAL) and destroying India's strategic capability to benefit industrialist Anil Ambani.
- Jan 07, 2019 12:45 PM IST
Sitharaman's statement comes amid a political furore over her statement in the House regarding orders placed with the defence public sector undertaking.
- Jan 07, 2019 10:29 AM IST
Hitting back at Congress President Rahul Gandhi's allegations against her, the defence minister put out details of contract awarded to HAL since the BJP came to power in 2014
- Jan 06, 2019 01:51 PM IST
The allegation came a day after Congress President Rahul Gandhi accused PM Modi of "weakening" the Hindustan Aeronautics Limited to help his "suit-boot" friend
- Jan 04, 2019 01:45 PM IST
The Centre for Military Airworthiness and Certification (CEMILAC) has given the green signal to start manufacturing of Tejas Mk1 under Final Operational Clearance (FOC) configuration, he said.
- Nov 09, 2018 02:58 PM IST
The revenue rose 10 percent at Rs 2,610 crore against Rs 2,373 crore reported last year.
- Nov 07, 2018 02:40 PM IST
Madhavan's reply came when he was asked to clarify on one among many charges that defence PSU Hindustan Aeronautics Limited (HAL) had been deprived of an offset contract from the Rafale deal.
- Aug 12, 2018 12:12 PM IST
Reliance Defence Ltd CEO Rajesh Dhingra said the government-to-government deal requires all 36 aircraft to be delivered in a 'fly-away' condition which means "they are to be exported from France by Dassault" and "HAL or anyone else cannot be the production agency for the simple reason that no aircraft are to be produced in India."