The CCS approved the proposal to buy 156 LCH 'Prachand' worth over Rs 62,500 crore from HAL, Defence Minister Rajnath Singh said.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
'Today's situation is unacceptable. It has the potential to affect the IAF's operational capability.'
The status report claims that RCB organised a massive victory parade and celebration without prior permission or furnishing mandatory details to city authorities.
Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.
'In multi-pilot operations, no critical switch can be moved without the other pilot's consent.'
Hindustan Aeronautics Limited on Wednesday handed over the first LCA Tejas twin-seater aircraft to the Indian Air Force.
Glimpses from Day 1 at Aero India 2025 at the Yelahanka air base in Bengaluru, India, February 10, 2025.
A formal complaint has been lodged against Royal Challengers Bengaluru's star batter Virat Kohli Cubbon Park Police Station in Bengaluru on Friday by social activist H M Venkatesh.
The value of contracts awarded by the MoD in 2024-2025 is the highest ever and double the previous record set in 2023-2024.
After a London-bound Air India aircraft crashed shortly after taking off from the Ahmedabad airport on Thursday, the spotlight is back on India's history with aviation disasters.
It involves India spending an estimated Rs 40,000 crores to Rs 50,000 crores and will take 10 to 15 years to develop.
For a story that thrives on jumpscares and gruesome kills, The Monkey has enough tricks up its sleeve. The shockers keep you entertained for the most part, observes Mayur Sanap.
The HAL displayed for the first time the scale model HLFT-42, at the Aero India.
The HAL and GE from the US would be producing these engines jointly in a facility in India.
The indigenously designed and developed Advanced Light Helicopter (ALH-Dhruv) and the Light Combat Aircraft (LCA) Tejas will not be part of the upcoming Republic Day flypast in India due to the grounding of the entire fleet of ALH-Dhruv helicopters following a crash earlier this month. The grounding of the helicopters is a result of a Coast Guard ALH crash in Porbandar, Gujarat on January 5, which claimed the lives of two pilots and an aircrew diver. The decision to exclude the ALH-Dhruv and Tejas from the flypast comes as a high-level probe panel investigates the cause of the crash.
It is time we buried the mantra of 'peaceful and stable Pakistan is in our interest'. It is not, simply because Pakistan's existence -- that is synonymous with its army -- means peace has no chance, asserts Colonel Anil A Athale (Retd). It is time we buried the mantra of 'peaceful and stable Pakistan is in our interest' asserts Colonel Anil A Athale (Retd).
HAL, BEL and MDL feature on Sipri's list of the 100 largest arms producers in the world.
'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).
Air Chief Marshal A P Singh and Chief of the Army Staff General Upendra Dwivedi on Sunday set the tone for the grand Aero India-2025 by flying in the Light Combat Aircraft (LCA) Tejas in Bengaluru at Yelahanka based Air Force Station.
The Indian Air Force (IAF) has seen a reduction in fighter squadrons due to the phasing out of ageing MiG-21, MiG-23 and MiG-27 aircraft. The Parliamentary Standing Committee on Defence acknowledged the "shortage" and highlighted the multi-pronged approach being taken to address it. This includes the induction of indigenous Tejas fighters and the procurement of additional LCA Mk-1A aircraft. The report also addresses concerns over "incidences of spying" within the IAF and details the action taken against those involved.
HAL is also integrating the Advanced Short Range Air-to-Air Missile onto the Mark 1A. Each Tejas will carry two of these missiles.
Top HAL sources say the AMCA, which is being developed as the IAF's next-generation stealth fighter, is slated to be assembled at HAL Nashik.
Hindustan Aeronautics Limited said on Monday it has successfully carried out the Ground Run and Low Speed Taxi Trials (LSTT) of the Hindustan-228 (VT-KNR) aircraft for DGCA (Directorate General of Civil Aviation) 'Type Certification'.
HAL's sustained, long-term income will come from the design, development, manufacture, overhaul, and upgrade of a family of helicopters designed for deployment on India's 21,000-foot-high Himalayan frontier with Pakistan and China.
With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.
The police went to Robin Uthappa's house to issue a notice. Since he does not reside at that address at present, a warrant has been executed for the former cricketer.
Seven years ago, an IAF chief had ordered the HTT-40 to be removed from the Yelahanka air base. The IAF now wants HAL to build 108 HTT-40 aircraft.
At a press conference ahead of Air Force Day on October 8, he also said that India needs to catch up with China on technology and speed in production of military equipment, holding that "we are way behind" the neighbour. Air Chief Marshal Singh, at the same time, said the Indian military is way ahead in terms of personnel including those operating various machines and platforms. "I am very confident that as far as human angle is concerned, as far as our people behind the machine are concerned, we are way ahead of them," he said.
These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.
facilities at Bangalore one understands the financial year end frenzy at these establishments and the slipshod slippages in timeframes, quality of overhaul, servicing and quality control across the board, for aircraft and equipment alike,' says Group Captain Murli Menon (retd).
The Vice Chief of Air Staff, Air Marshal Harjit Singh Arora took part in one such operation along with HAL test pilot, Wing Commander Subash P John (retd) recently by taking-off from high altitude location to a forward area for a simulated attack on a high altitude target, the Bengaluru-headquartered company said in a statement.
Dhruv and LUH helicopters must supply provisions to, and evacuate casualties from Siachen Glacier posts like Sonam, which, at 20,997 feet, is the highest inhabited spot on the planet.
The HAL said its offer was reasonable, fair and in conformity with the wage agreements finalised by other Defence PSUs.
The LUH will be one of the two helicopters that will meet the army's urgent need for 394 light helicopters.
In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.
Despite pending payments of over Rs 20,000 crore, HAL revenue grew 6% against the previous year.
Hindustan Aeronautics (HAL) is one of the largest beneficiaries of the defence indigenisation programme. The aerospace Public Sector Undertaking (PSU) has just received a new tender for 97 Light Combat Aircraft (LCA) Tejas Mk1A, and it is already servicing an earlier order for 83 LCA aircraft. The new order is worth around Rs 65,000 crore with a 65 per cent indigenisation component, whereas the earlier order (February 21) was worth Rs 45,700 crore with 55 per cent indigenisation.
State-run aerospace behemoth Hindustan Aeronautics Ltd (HAL) on Thursday said it has received a Request for Proposal (RFP) from the Indian Air Force for basic trainer HTT-40.
HAL has integrated the ASRAAM (advanced short range air-to-air missile) for the Tejas Mark 1A. The Tejas Mark 1A will carry twin ASRAAM missiles with a range of 60 to 70 kilometres.