The order envisages manufacturing, assembly, testing and supply of compact heat exchangers to be fitted in the light combat aircraft, Tejas, being manufactured by HAL
The central government on Wednesday received the second interim dividend cheque of Rs 376.94 crores for the financial year 2020-21 from the Hindustan Aeronautics Limited (HAL)
The chopper received the initial operational clearance (IOC) from the military aviation regulator on Friday
Despite a 26% decline, the stock has outperformed the market by surging 60% in the past three months, against a 17% rise in the S&P BSE Sensex.
ICRA has assigned a long term rating of double A and a short-term rating of A one plus for the company's bank facilities with stable outlook.
HAL is majorly owned by the government and has a strategic role in the defence programme.
The HAL and Safran Helicopter Engines, had entered into a joint venture to set up this helicopter maintenance plant at Honda village in North Goa
With zero cash balance, firm takes Rs 781-crore loan to pay salaries
HAL projects it will build the first two HTT-40 trainers in 2018, eight in 2019, and reach its capacity of 20 a year from 2020