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  • Ideas For Profit | BEML, HAL, GRSE, Cochin Shipyard or Bharat Dynamics: Which defence stock should you pick up? Mar 18, 2021 07:17 PM IST

    Ideas For Profit | BEML, HAL, GRSE, Cochin Shipyard or Bharat Dynamics: Which defence stock should you pick up?

    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.

  • Govt approves Rs 48,000-crore deal to acquire 83 Tejas aircraft from HAL Jan 13, 2021 06:15 PM IST

    Govt approves Rs 48,000-crore deal to acquire 83 Tejas aircraft from HAL

    Union Defence Minister Rajnath Singh said it is the largest-ever procurement deal in the indigenous military aviation sector.

  • 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 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.

  • 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.

  • 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.

  • Breaking PSUs' monopoly: Defence system eyes private cos Nov 22, 2013 09:39 AM IST

    Breaking PSUs' monopoly: Defence system eyes private cos

    While PSUs have had privileged access to government contracts, especially in the defence manufacturing sector, the government now realises that this cannot be a sustainable strategy.

  • HAL's errant delivery schedule irks Indian Air Force Nov 20, 2013 09:46 PM IST

    HAL's errant delivery schedule irks Indian Air Force

    But its not just HAL's unreliable delivery schedule that has bothered India's defence forces, cost overruns and higher cost of development of critical defence equipment seems to be routine.

  • Will delay in projects end HAL's monopoly? Nov 19, 2013 10:14 PM IST

    Will delay in projects end HAL's monopoly?

    One of India's navratna companies, Bangalore based HAL has had a virtual monopoly in India's air defence contract market. While HAL has helped boost India's indigenous capabilities, its delivery record has been marred by significant time and cost over runs prompting the armed forces to push for the entry of private players as the lead contractors.

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