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  • 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.

  • HAL launches Rs 4,230 crore public offer, issue opens on March 16 Mar 13, 2018 07:02 PM IST

    HAL launches Rs 4,230 crore public offer, issue opens on March 16

    The sale is part of the government's Rs 75,000-crore divestment process, which for the first time in many years, has already crossed the target.

  • Initiated process of IPO with filing of DRHP, says HAL Oct 01, 2017 02:35 PM IST

    Initiated process of IPO with filing of DRHP, says HAL

    HAL has initiated the process of IPO with the filing of the Draft Red Herring Prospectus (DRHP) on September 29, 2017 with SEBI, the company said in a statement.

  • MoEF panel clears HAL's chopper plant in Karnataka Sep 05, 2017 03:07 PM IST

    MoEF panel clears HAL's chopper plant in Karnataka

    The factory will consist of manufacturing and assembling divisions supported by a runway and air traffic control, along with a township. Its capacity will be 75 helicopters a year.

  • HAL signs MoU with Government; aims at Rs 17,900 cr revenue for 2017-18 Jul 12, 2017 01:49 PM IST

    HAL signs MoU with Government; aims at Rs 17,900 cr revenue for 2017-18

    The company has also laid specific emphasis on capacity building, modernisation and solar power plants, aiming to achieve capital expenditure of Rs 1,300 crore, HAL said here.

  • HAL will be ready to launch IPO by end of August: MD Apr 14, 2017 04:00 PM IST

    HAL will be ready to launch IPO by end of August: MD

    Speaking to CNBC-TV18, Chairman and Managing Director T Suvarna Raju said the IPO has been delayed as it required some concessions as far as putting data in the public domain was concerned.

  • HAL finalises major plan to speed up aircraft production Mar 26, 2017 03:11 PM IST

    HAL finalises major plan to speed up aircraft production

    HAL Chairman and Managing Director T Suvarna Raju said the company has also ramped up its infrastructure to deliver 123 Tejas Light Combat Aircraft to the India Air Force with an annual delivery of 16 jets from 2018-19 onwards.

  • HAL sign MoU with CPWD Feb 17, 2017 11:52 AM IST

    HAL sign MoU with CPWD

    Hindustan Aeronautics Limited today signed a MoU with Central Public Works Department for execution of infrastructure development works at HAL's new Greenfield helicopter facility at Tumakuru.

  • HAL Bags IAI Orders for Supply of Boeing Main Deck Cargo Door Feb 17, 2017 11:52 AM IST

    HAL Bags IAI Orders for Supply of Boeing Main Deck Cargo Door

    HAL has been selected by Israel Aerospace Industries for further supply of Boeing 737 Main Deck Cargo Door.

  • Hindustan Aeronautics to hit markets by December-end Apr 06, 2016 06:24 PM IST

    Hindustan Aeronautics to hit markets by December-end

    The government in 2013 appointed four merchant bankers- SBI Cap, Goldman Sachs, Barclays and Axis Capital -for managing the stake sale of HAL.

  • Fresh exchange of fire at Pathankot airbase Jan 03, 2016 06:31 PM IST

    Fresh exchange of fire at Pathankot airbase

    A fresh exchange of fire between two suspected terrorists and security men broke out at the air force base here today, hours after a grenade blast claimed the life of an NSG commando who was trying to defuse a grenade as part of a night-long combing operation at the scene of yesterday's terror attack.

  • Indo-Russian fighter aircraft project regains speed: HAL Dec 23, 2015 10:02 PM IST

    Indo-Russian fighter aircraft project regains speed: HAL

    The statement comes when the final design contract, under which the Russian and Indian governments were to contribute an initial USD 6 billion each for prototype development and production, has not been signed between the two countries.

  • Is Hyderabad India's latest aerospace hub? Oct 12, 2015 10:27 PM IST

    Is Hyderabad India's latest aerospace hub?

    Hyderabad is slowly giving Bengaluru a run for its money when it comes to aerospace design and that's not really a surprise.

  • Nintendo CEO Satoru Iwata dies at 55 Jul 13, 2015 09:15 AM IST

    Nintendo CEO Satoru Iwata dies at 55

    After his surgery to remove a tumor last year, he bounced back to the spotlight with his announcements of new initiatives including a move into mobile gaming and a ‘Quality of Life‘ program, The Verge notes.

  • HAL, BEL join hands to meet Defence requirements Jun 05, 2015 06:19 PM IST

    HAL, BEL join hands to meet Defence requirements

    Hindustan Aeronautics Limited and Bharat Electronics Limited have agreed to share the business from the Indian defence services, the companies said.

  • Fighter jet makers eye multi-bn dollar opportunity in India Apr 17, 2015 08:49 AM IST

    Fighter jet makers eye multi-bn dollar opportunity in India

    Foreign fighter jet makers see opportunity in India after the scaled back French deal. Narendra Modi on April 10 announced that India would buy 36 French Rafale jets for an estimated USD 4.3 billion, in effect ending talks on a larger deal for 126 planes that would have sucked up some USD 20 billion.

  • Indian cos vie for $1.5-bn Naval Utility chopper contract Mar 18, 2015 05:01 PM IST

    Indian cos vie for $1.5-bn Naval Utility chopper contract

    According to sources, Indian companies have tied up with foreign firms for the deal which was initially supposed to have gone to international players.

  • Confident of govt divesting its stake within a year: HAL Feb 19, 2015 06:47 PM IST

    Confident of govt divesting its stake within a year: HAL

    HAL chairman T Suvarna Raju does not see too much competition in defence space despite the emergence of the sector and a lot of micro small and medium enterprises (MSMEs). According to him, HAL would like to move along with other companies.

  • Everything is normal: France on Rafale deal Feb 04, 2015 08:37 PM IST

    Everything is normal: France on Rafale deal

    Interestingly, French Foreign Minister Laurent Fabius will not be raising the issue of the much delayed Medium Multi-Role Combat Aircraft (MMRCA) during his three day-visit beginning tomorrow.

  • HAL plans to get listed; to restructure board by April 1 Jan 28, 2015 08:25 PM IST

    HAL plans to get listed; to restructure board by April 1

    the company is looking to enhance its focus on aeronautical technology segment, rather than being only a manufacturing firm, HAL's outgoing Chairman R K Tyagi said today.

  • REC, PFC divestment roadshows likely to start Jan 12 Jan 08, 2015 01:18 PM IST

    REC, PFC divestment roadshows likely to start Jan 12

    Govt plans to divest 5 percent each in REC and PFC in FY15 and hopes to garner around Rs 3,000-3,400 crore via stake sale.

  • Rolls-Royce to return to govt Rs 18 cr paid to agents Mar 10, 2014 11:57 AM IST

    Rolls-Royce to return to govt Rs 18 cr paid to agents

    The Defence Ministry ordered a CBI probe into Rolls-Royce‘s alleged hiring of middlemen in contracts worth around Rs 10,000 crore for supplying aircraft engines to the Hindustan Aeronautics Limited (HAL).

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