The Advanced Light Helicopters (ALH) of the Army Aviation Corps performed a fly-past over the Kartvya Path in the 75th Republic Day parade on Friday. It was followed by marching contingents of the army. The fly-past in the Rudra formation was led by the newly inducted Prachand helicopter, followed by three Rudra helicopters. The marching contingents included those from the Madras Regiment, the Grenadiers, and the Rajputana Rifles. The combined band of the Garhwal Rifles Regimental Centre, the 58 Gorkha Training Centre and the 39 Gorkha Training Centre, and one of the JAK Li Regt Centre, the 1 Signal Training Centre and the Arty Centre, Hyderabad, were also among the contingents.
IRFC with market capitalisation of Rs 2.3 trillion today surpassed other state-owned companies like Power Grid Corporation (Rs 2.23 trillion), IOCL (Rs 2.11 trillion) and HAL (Rs 2.01 trillion).
Hindustan Aeronautics Limited will showcase its indigenously built Hindustan-228 aircraft and Advanced Light Helicopter Dhruv during Wings India 2024, a civil aviation conclave and exhibition, which will be held from January 18-21 at Begumpet Airport here. A press release from the HAL said they will hold business meetings with OEMs (original equipment manufacturers) and customers besides signing agreements with its business partners for various projects. C B Ananthakrishnan, CMD (Additional Charge), HAL, said that they are propelling the initiative of 'Made in India' fixed wing civil aircraft to boost regional connectivity in India. "The company is leveraging its strengths in manufacturing aircraft like Dornier-228 and HS-748 (a turboprop airliner) and extending its capabilities to civil aircraft programmes like the Regional Transport Aircraft. HAL is also actively pursuing collaborations for undertaking civil MRO (maintenance, repair and operations) activities," he said. The HAL .
Among the key reasons for the rally in PSUs are undervaluation and hopes of privatisation
HAL hit a new high at Rs 3,039, and is now the seventh PSU to trade with a market capitalisation of more than Rs 2 trillion
DAC's Rs 2.23 trillion proposal approval likely to pay rich dividends to HAL
According to reports India is set to give preliminary approval to three mega indigenous projects worth Rs 1.4 trillion.
HALand Airbus have signed a contract for establishing Repair and Overhaul (MRO) facilities for A-320 family of aircrafts.
AircraftO services provider Haveus Aerotech India on Friday said it has signed an initial pact with Hindustan Aeronautics Ltd for exploring business opportunities in the civil aviation sector both in the domestic and international markets. The memorandum of understanding (MoU) signed with HAL Accessories Division Lucknow (ADL), which is into manufacturing of aircraft systems and accessories for aircraft, helicopters and engines, as per the statement. Under the collaboration, the two partners will share the experience and capabilities of each other relating to the needs of the civil aviation sector focusing on aerospace applications with a larger perspective of making India Atmanirbhar in the sector and furthering the Government's 'Make & Maintain in India' Policy, Haveus said. "The MoU would mutually help us to explore business opportunities nationally as well as internationally in the civil aviation sector, said Anshul Bhargava, Chairman and Managing Director of Haveus Aerotech ..
BENGALURU (Reuters) - Larsen & Toubro and Hindustan Aeronautics are among companies vetted to potentially bid in India's efforts to privatise its small satellite launch rocket, a source told Reuters, as the government seeks more investment in the booming space market.
Shares related to Chandrayaan-3 may rise up to 15 per cent in the upcoming sessions, as per their respective technical chart patterns
Defence related stocks continue to trade in overbought territory, as momentum sees elevated sentiment.
The development comes at a time when Indian Prime Minister Narendra Modi is on an official state visit to the United States
Coal India, Hindustan Aeronautics and GAIL (India) have chart structures suggesting further upside of up to 20%
Despite global concerns, the domestic market structure remains positive on the back of healthy macro data, strong earnings, and recent FIIs buying, brokerage firm Motilal Oswal said in a note.
Among the new additions to the MSCI Small Cap index, KFIN Technologies, Syrma SGS Technology and Ujjivan Small Finance Bank have rallied up to 6 per cent.
Defence Secretary Giridhar Aramane on Friday urged leading Defence PSU Hindustan Aeronautics Limited (HAL) to take up new initiatives to aggressively compete in the defence market and focus on new areas like unmanned vehicles, as the country is in need of these advanced systems. Aramane today inaugurated the third LCA production line and also handed over 100th Sukhoi-30 MKI (Repairs and Overhaul) aircraft to Air Vice Marshal Sarin, VSM, Assistant Chief of Air Staff (Eng A), Indian Air Force in a programme at HAL's Nashik Division. According to HAL, the Defence Secretary lauded its efforts in taking up the challenge of setting up an facility for Su-30 MKI and also establishing a new production line for LCA manufacturing. The Government has come out with several Aatmanirbhar Bharat' policies, and that puts HAL in a very important position. HAL will be producing more in the coming years. Build more systems, come out with new concepts, new platforms for future growth, the release quoted
The government on Friday received Rs 736 crore and Rs 102 crore from public sector undertakings (PSUs) Nuclear Power Corporation of India Limited (NPCIL) and Uranium Corporation of India Limited
The Union government has sanctioned Rs 6,828 crore worth of contract to Hindustan Aeronautics Ltd (HAL) at Ozar in Nashik district for manufacturing 70 HTT-40 aircraft, a central minister said on Wednesday. Defence Minister Rajnath Singh has given his approval to HAL to manufacture these aircraft, Union Minister of State for Health Dr Bharti Pawar said in a press release here. The PSU has been manufacturing defence equipment since 1964. The Union government's decision will generate work for around 3,000 officers and employees of HAL, said the release.
Hindustan Aeronautics shares may dip up to 20 per cent upon breaking key support.