Page 8 - Hindustan Aeronautics Ltd

HAL fights for indigenous HTT-40 trainer as IAF seeks Swiss Pilatus planes

Even as HAL seeks a green light for manufacturing the HTT-40, the IAF is pressing for buying 38 more Pilatus PC-7 Mark II basic trainers from Switzerland, to supplement the 75 it already operates

HAL's joint ventures on death bed as defence orders dry up over the years

A deep dive into the company's 14 JVs shows that many are on the verge of closing down

'Buy-backs, dividends to govt left HAL poorer by Rs 15,500 Cr'

As acrimonious exchanges continued over the alleged neglect of HAL, a top leader of its employees Wednesday claimed the state-run undertaking got poorer by nearly Rs 15,500 crore because of the dividends and buy-backs it made to the Centre from 2003 to 2018. S Chandrasekhar, the general secretary of the HAL Employees Association, said the public sector aerospace and defence major returned Rs 6,393 crore to the government in two buy-backs of share for the first time in its history. It also paid Rs 9,000 crore by way of dividend between 2003-2004 and 2017-18 when the company did not not have enough money to pay salaries to its staff. "So, in total nearly Rs 15,500 crore has been taken away from us," Chandrasekhar told PTI. The Hindustan Aeronautics Limited reportedly ran up an overdraft of Rs 962 crore recently to pay salaries to its staff. Chandrasekhar's remarks came ahead of Defence Minister Nirmala Sitharaman's meeting scheduled for Wednesday with HAL chairman R ..

HAL test flies 3rd light copter prototype, high-altitude trials in Jan

The third prototype's flight was flawless and would augment the flight testing towards certification, HAL said

R Madhavan appointed CMD of state-run Hindustan Aeronautics Ltd

He will take charge of the top post when incumbent T Suvarna Raju retires on August 31

Disclosure issues keep FPIs at bay from HAL, Bharat Dynamics IPOs

Registration with US SEC, or compliance with "Rule 144A" of Securities Act pose hurdles; both issuances barely make it with LIC support

HAL receives RFP for 15 limited series LCH from IAF and Army

Powered by two Shakti engines, the LCH inherits many technical features of the Advanced Light Helicopter, HAL saidin a release

Aerospace industry eyes biz worth Rs 12,500 cr

According to HAL estimates, the manufacturing of 187 LUHs will generate business worth Rs 7,500 crore for the aerospace industry

HAL finalises plan to make 1000 military copters

HAL will also carry out major upgrade of almost the entire fighter fleet of IAF

India's light utility helicopter maiden flight successful

The light utility helicopter has been designed to replace the ageing Chetak helicopters of the armed forces