Latest News, Updates & Breaking Headlines
NEW DELHI: Giving a push to ‘Make-in-India’ initiative, the defence ministry on Thursday inked a Rs 2,312 crore contract with defence PSU Hindustan Aeronautics Limited (HAL) for production of eight Dornier 228 Aircraft for the Indian Coast Guard.The contract was signed under the “buy (Indian) category” in the presence of defence secretary Rajesh Kumar Singh.The…
NEW DELHI: Giving a push to ‘Make-in-India’ initiative, the defence ministry on Thursday inked a Rs 2,312 crore contract with defence PSU Hindustan Aeronautics Limited (HAL) for production of eight Dornier 228 Aircraft for the Indian Coast Guard.The contract was signed under the “buy (Indian) category” in the presence of defence secretary Rajesh Kumar Singh.The…
NEW DELHI: Rubbishing speculation of possible delays in the delivery of the first batch of indigenous LCA Mk1A fighter jets to IAF, Hindustan Aeronautics Limited (HAL) on Thursday said that “five LCA Mk1A aircraft are fully ready for delivery, incorporating major contracted capabilities in accordance with the agreed specifications”.HAL also said that “an additional nine…
Defence stocks (AI image) By Yellapu SantoshBudget 2026: We expect an inflection in India’s upcoming defence budget cycle, with core message being, capital outlay likely to grow faster than the overall defence budget, and the incremental funding would be channeled toward domestic procurement and modernisation-heavy programmes. The Defence Secretary in a FICCI forum recently highlighted…
NEW DELHI: India’s public sector aerospace major Hindustan Aeronautics Limited (HAL) and Russia’s United Aircraft Corporation (part of Rostec State Corporation) have signed a deal for cooperation in the production of Superjet 100 (SJ-100) commercial aircraft in the country.The signing ceremony took place on the sidelines of the Wings India international aviation exhibition in Hyderabad,…
HAL is also the ‘Best All-round Wealth Creator’stock. (AI image) Hindustan Aeronautics or HAL has emerged as the most consistent and all-round wealth creator stock in the span of the last five years, according to a new report by Motilal Oswal Financial Services Limited. The defence Public Sector undertaking (PSU) stock has outperformed the Nifty…
BENGALURU: Hindustan Aeronautics (HAL) fell about 8.5% to an intraday low of Rs 4,205 on BSE after a Tejas fighter aircraft crashed during a demonstration at the Dubai Air Show. The Tejas is part of India’s indigenous light combat aircraft programme developed by the Bengaluru-based aerospace and defence company. The stock later pared some losses…
Hindustan Aeronautics Ltd (HAL) issued a statement on Monday on the Tejas crash in Dubai, calling it an “isolated occurrence caused by exceptional circumstances”. The crash led to the death of Indian Air Force pilot Wing Commander Namansh Syal.“We would like to bring to your attention that the recent incident during the aerial display at…
HAL share price today: Hindustan Aeronautics Ltd (HAL) shares dropped on Monday by around 8.5% drop to Rs 4,205.25 (intraday low) on the BSE, following a Tejas fighter aircraft crash during a demonstration at the Dubai Air Show.The Tejas aircraft is produced by HAL under India’s domestic light combat aircraft initiative.Nilesh Jain, Head Vice President,…
BENGALURU: Defence PSU Hindustan Aeronautics Ltd (HAL) Wednesday said it has signed a contract with Germany’s Hensoldt Sensors GmbH at the Dubai Air Show 2025 to secure design transfer and intellectual property rights for advanced obstacle-avoidance technologies for helicopters.The agreement covers the Transfer of Design ToT, IPR, and manufacturing and repair capability for an Obstacle…
