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HAL CONTRACT AMENDMENT
HAL shares rise 2% after revising Tejas Mk1 contract to Rs 6,542 crore amid delaysHindustan Aeronautics Limited (HAL) has amended its contract with the Indian Air Force (IAF) for the delivery of Tejas Mk1 Final Operationa...- Stocks in news: Jindal Stainless, Asian Paints, CG Power, Bharat Forge, Samavardhana MothersonBharat Forge (BFL) has finalised a contract with the Ministry of Defence (MoD) to supply 184 units of the 155mm/52-calibre advanced towed a...
- HAL revises Tejas Mk1 contract to ₹6,542 crore amid delay and production hurdlesHindustan Aeronautics Limited (HAL) has amended its contract with the Indian Air Force (IAF) for the production of Light Combat Aircraft (L...
- Stocks in news: Tata Motors, M&M, NLC India, UPL, VedantaJapan's Sumitomo Wiring Systems, a promoter in Samvardhana Motherson International, sold partial stake in the company through bulk deals on...
- HAL sets up Rs 208 cr rocket engine manufacturing facilityIn 2013, an MOU was signed with ISRO for establishing the facility for manufacturing cryogenic engine modules at HAL, Aerospace Division, a...
- View: Rafale critics glossed over urgency to acquire aircraftThe first decision to buy the Medium Multi Role Combat Aircraft (MMRCA) was made nearly 17 years ago, but the first Rafale aircraft is sche...
- Is becoming less import-dependent the answer for Indian Defence?India, the world’s top arms importer, has been plagued by a series of bribery and corruption scandals linked to big-ticket procurement.
- CAG slams Navy for delay in ASW corvettes projectThe CAG was severely critical of the Navy's Directorate of Naval Design (DND) for delay in finalising the design of the corvettes, saying a...
- 2015 a mixed year for defence FDI & 'Make in India'; will 2016 be better for the sector?In a fillip to the government's 'Make In India' drive, Russia's Rostec will form a JV with Indian PSU HAL for manufacturing Kamov 226T mili...
- 2014: A politically eventful year for IndiaThe states of Jharkahand, Maharashtra and Haryana witnessed a regime change and Jammu and Kashmir saw a hung Parliament in the recent elect...
- IAF got 81 Sukhoi planes against 112 due till 2012-13: CAGIAF received 81 Sukhoi-30 MKI aircraft as against 112 due till 2012-13 from HAL because of delay in receipt of technical documents from Rus...
- India’s job emergency needs cities with more empowered mayorsIndian cities need directly elected mayors, local committees that give citizens direct voice, transparency about land use and so on.
- Do defence PSUs make better joint venture partners for foreign companies?DPSUs can boast JVs of a longer tenure with foreign defence giants than large local private cos, says a report. Does it matter? Maybe not.
- Will Mukesh Ambani's defence aerospace gambit pay off for RIL?RIL is revving up its growth engine via an alliance with Boeing. The co, which has a JV with Dassault, is also in talks with Airbus Militar...
- Central trade unions strike likely to bring India to a standstillWhether it is the Delhi Jal Board or the cities' auto-rickshaw unions or petrol pumps or flights – all are likely to be hit by the strike t...
- HAL's Sukhoi indigenisation plan groundedIn the face of escalating costs, Hindustan Aeronautics (HLL) has scrapped the plans for full indigenisation of Sukhoi fighter aircraft. A R...
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