The government will sell a stake of about 10 per cent, with an option to sell a further 5 per cent in the company, according to a stock exchange filing on Wednesday.
The Indian government will sell a stake of about 10%, with an option to sell a further 5% in the company, according to a stock exchange filing on Wednesday
HAL said the impact due to Covid-19 will be 'minimal' for the company as major portion of the company's revenue is generated from Defense services
According to media reports, the government is looking to sell 5% stake in HAL, while quantum of stake sale for IRCTC will be decided later
All that happened in the markets today
Operational capability at altitudes higher than any other attack helicopter in the world
All that happened in the markets today
Of the Rs 8,722 crore worth of acquisitions, bulk will go towards purchasing the first fixed wing aircraft that HAL has designed and developed in decades
Dual goals can lead to compromise
The Committee on Public Undertakings met on July 29 and selected 11 subjects for a comprehensive examination
To buy 21 MiG-29s, 12 Sukhoi-30MKI aircraft, upgrade existing 59 MiG-29s
Air force chiefs, including Pakistan's recently, often go up for a spin to boost the morale of their fighter pilots.
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So far in 2020, HAL has slipped 7.77 per cent as compared to 6.5 per cent dip in the benchmark S&P BSE Sensex in the same period
This certification, issued by the CEMILAC, brings the LUH much closer to being manufactured in large numbers
The larger economy suffers more than the central govt, as New Delhi is allowed to get away with behaving arbitrarily and then hiding the reality behind bogus numbers, writes T N Ninan
The Competent Authority has granted its approval for enhancement of working capital limit from Rs 7,300 crore to Rs 12,050 crore.
Also moots technical tie-ups with top institutions like IITs
The companies hope the initiative will bring metal 3D printing into the mainstream of Indian aerospace
Close on HAL's heels is Bharat Electronics, with orders in hand worth Rs 56,300 crore