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  • Centre may sell 5% stake in Hindustan Aeronautics via offer for sale Aug 19, 2020 04:02 PM IST

    Centre may sell 5% stake in Hindustan Aeronautics via offer for sale

    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.

  • HAL hands over more than 300 Aerosol boxes to various state govts Apr 16, 2020 01:15 PM IST

    HAL hands over more than 300 Aerosol boxes to various state govts

    Aerosol boxes act as an insulator between the doctor and the patient to various state governments, as part of the fight against COVID-19.

  • HAL planning to set up logistics bases in Malaysia, Vietnam, Indonesia and Sri Lanka Mar 09, 2020 07:42 AM IST

    HAL planning to set up logistics bases in Malaysia, Vietnam, Indonesia and Sri Lanka

    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".

  • Sharad Pawar meets striking employees of HAL in Nashik Oct 18, 2019 01:03 PM IST

    Sharad Pawar meets striking employees of HAL in Nashik

    The employees of Hindustan Aeronautics Ltd (HAL) are on an indefinite strike since October 14 in support of various demands, including wage revision.

  • HAL employees to strike work today after talks with management fail Oct 14, 2019 09:12 AM IST

    HAL employees to strike work today after talks with management fail

    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'

  • MoD eyes to give push to HAL's proposed chopper project in Goa Aug 16, 2019 11:12 AM IST

    MoD eyes to give push to HAL's proposed chopper project in Goa

    Former Defence Minister Manohar Parrikar had announced this project in October 2016.

  • HAL has concrete orders to build Su30, LCA, Tejas and Chetak helicopters: Rajnath Singh Jun 24, 2019 07:50 PM IST

    HAL has concrete orders to build Su30, LCA, Tejas and Chetak helicopters: Rajnath Singh

    Singh said that as and when required the HAL borrows from banks to meet its working capital requirements.

  • HAL records Rs 19,400 cr turnover for 2018-19 fiscal Apr 01, 2019 09:58 PM IST

    HAL records Rs 19,400 cr turnover for 2018-19 fiscal

    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.

  • Tamil Nadu wooing HAL to set up manufacturing unit at Salem Mar 17, 2019 01:59 PM IST

    Tamil Nadu wooing HAL to set up manufacturing unit at Salem

    The move is a part of the 'Make in India' programme to catalyse indigenous production in defence manufacturing.

  • HAL signs MoU with Central PWD for works at chopper factory Feb 22, 2019 05:22 PM IST

    HAL signs MoU with Central PWD for works at chopper factory

    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.

  • HAL running smoothly despite borrowings from banks: Govt Feb 04, 2019 10:15 PM IST

    HAL running smoothly despite borrowings from banks: Govt

    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.

  • IAF Mirage-2000 aircraft crashes, both pilots killed Feb 01, 2019 12:15 PM IST

    IAF Mirage-2000 aircraft crashes, both pilots killed

    The pilots were identified as Squadron Leader Samir Abrol and Squadron Leader Siddhartha Negi, both from Aircraft and Systems Testing Establishment.

  • CBI books HAL employees in Rs 13.28 crore fraud Jan 30, 2019 02:36 PM IST

    CBI books HAL employees in Rs 13.28 crore fraud

    The agency registered five FIRs against Bhaben Mitra and other employees of Hindustan Aeronautics Limited (HAL), Koraput on January 29.

  • Rahul Gandhi slams Narendra Modi over Rafale deal, says PM refuses to pay dues of HAL Jan 08, 2019 10:52 AM IST

    Rahul Gandhi slams Narendra Modi over Rafale deal, says PM refuses to pay dues of HAL

    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.

  • Doubts raised over HAL contracts misleading: Nirmala Sitharaman in Lok Sabha Jan 07, 2019 12:45 PM IST

    Doubts raised over HAL contracts misleading: Nirmala Sitharaman in Lok Sabha

    Sitharaman's statement comes amid a political furore over her statement in the House regarding orders placed with the defence public sector undertaking.

  • Political slugfest erupts over Sitharaman's claim that HAL received govt orders worth Rs 1 lakh crore Jan 07, 2019 10:29 AM IST

    Political slugfest erupts over Sitharaman's claim that HAL received govt orders worth Rs 1 lakh crore

    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

  • Congress accuses defence minister of 'lying' on procurement orders given to HAL Jan 06, 2019 01:51 PM IST

    Congress accuses defence minister of 'lying' on procurement orders given to HAL

    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

  • HAL gets nod to produce weaponised version of LCA Tejas Jan 04, 2019 01:45 PM IST

    HAL gets nod to produce weaponised version of LCA Tejas

    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.

  • HAL Q2 profit jumps to Rs 289.42 crore; posts strong operational show Nov 09, 2018 02:58 PM IST

    HAL Q2 profit jumps to Rs 289.42 crore; posts strong operational show

    The revenue rose 10 percent at Rs 2,610 crore against Rs 2,373 crore reported last year.

  • HAL not contending to be offset partner of any OEM: MD Nov 07, 2018 02:40 PM IST

    HAL not contending to be offset partner of any OEM: MD

    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.

  • Reliance says Rafale contract received from Dassault, not Defence Ministry Aug 12, 2018 12:12 PM IST

    Reliance says Rafale contract received from Dassault, not Defence Ministry

    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."

  • DefExpo 2018: Highlights from India's annual defence event showcasing military advancements Apr 18, 2018 01:19 PM IST

    DefExpo 2018: Highlights from India's annual defence event showcasing military advancements

    More than 154 global players and 523 Indian defence companies participated in the recently concluded Defence Expo in Chennai. A number of tanks, aircrafts and other military equipment were on display. Here is a glimpse of some of them:

  • GMR Group to invest Rs 1,000 crore to develop aerospace & defence hub Apr 12, 2018 05:16 PM IST

    GMR Group to invest Rs 1,000 crore to develop aerospace & defence hub

    The aerospace and defence manufacturing hub will come up in Hosur, spread over 600 acres

  • HAL, BEL may have had a slow FY18, but the future looks promising Apr 03, 2018 04:53 PM IST

    HAL, BEL may have had a slow FY18, but the future looks promising

    Both HAL and BEL may not have much to celebrate in terms of growth in sales at the moment, but they can certainly plan to do so in the near future.

  • Where have the listing gains of IPO gone? Mar 26, 2018 07:13 AM IST

    Where have the listing gains of IPO gone?

    In the ongoing season where most IPOs have barely managed to get subscriptions, the IPO market may turn to be less exciting for those looking to make quick gains or listing gains.

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