Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.
Round up of the I League matches being played in various parts of the country.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
An IAF "request for information" floated on the MoD website invites Indian companies to submit preliminary bids to supply the IAF with 106 PC-7 Mk II trainers. Ajai Shukla reports
India will soon have a dedicated global facility to convert passenger airplanes to cargo planes, with state-run aerospace major Hindustan Aeronautics Limited planning a full fledged conversion centre for Boeing aircraft
State-owned Hindustan Aeronautics Ltd would now be producing and assembling 'flaperons' of Boeing-777s which are used for take-offs, landings and manoeuvering of these sophisticated airplanes.
State-owned Hindustan Aeronautics Ltd is evaluating proposals made by its market advisor, SBI Capital Markets, to buy 10 per cent stake in an international consortium led by American and European aircraft-makers to foray into the civilian aircraft ma
A day after Ecuador threatened to return the Indian-made Dhruv fleet, Hindustan Aeronautics Limited on Friday rushed a three-member team including its chief test pilot to Quito to investigate the air crash involving one of the seven helicopters.
The fourth round match in the National Football League ended goalless.
Jogender Singh, a resident of Agra, approached the court stating that he was not recommended for training after\nappointed as Executive Training (Technical) as HAL on the basis of medical report declared him unfit for the job.
Hindustan Aeronautics Ltd has climbed six notches to reach the 51st position in a list of the world's top 100 defence companies compiled by US-based Defense News.
Churchill Brothers' captain Odafe Onyeka Okolie scored all the goals in his team's 4-1 demolition of Hindustan Aeronautics Limited in the pre-quarter-finals of the Osian Durand Cup football tournament at the Ambedkar Stadium in Delhi on Tuesday.
Bangalore's information and biotechnology majors have again trained their guns at the government over the closure of the existing HAL airport.
The Surya Kiran aerobatic team of the Indian Air Force will perform an air show ahead of the World Cup final in Ahmedabad on November 19.
Even as the government is trying to park politicians on the boards of 'Navratna' companies, an official committee has cleared names of people like Tata Sons chairman Ratan Tata for appointment as independent directors on the board of HAL.
Reader C Joseph spotted Rahul Dravid at HAL airport.
Indian Air Force chief, Air Chief Marshal N A K Browne, has sugarcoated his bid to import 106 basic trainer aircraft from Pilatus Aircraft Co, by proposing that Hindustan Aeronautics Ltd build the trainers in Bengaluru to blueprints supplied by the Swiss company.
The HAL wants the IAF to buy 80 Tejas Mark I-A to keep the production line occupied from 2020 to 2023-24
HAL helicopters will be equipped with an 'Obstacle Avoidance System' that warns pilots of any obstacles in their flight path.
The 'Make in India' concept in the defence sector has the potential to help India meet 70 per cent of its defence needs in a few years.
However, the Maldives government has no intention of removing the doctors from India at Senahiya, a media report said.
The pact is significant as India has been sourcing its military jets from Russia and European consortia.
Four goals, including a hat-trick by Agnelo Gomes, was the highlight of the NFL match.
According to official figures, 14 squadrons of the MiG 21, MiG 27 and MiG 29 are due for retirement in the next 10 years which will bring down the fighter squadron strength to 19 by 2027 from the current 33.
Children, women and men lined up the streets of Bengaluru as Captain M V Pranjal's cortege made its way on the final 23 km journey from his home to the crematorium.
The Light Utility Helicopter, which Hindustan Aeronautics Ltd is designing for the Indian military, has encountered turbulence even before leaving the drawing board. French engine-maker Turbomeca, whose vaunted Shakti engine was to power the LuH, is demanding what Ministry of Defence sources term 'extortionist prices' for integrating the Shakti with the LuH.
United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.
Boeing is likely to vie for the deal to supply 110 fighter jets to the IAF in one of the biggest such procurement in recent years globally which could be worth over USD 15 billion.
Hindustan Aeronautics Ltd, a public sector undertaking under the Ministry of Defence, would export its newly developed advanced light helicopters to Nepal and other countries.
I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.
The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.
Hindustan Aeronautics Limited has climbed six notches to reach the 45th position in the list of top 100 defence companies in the world.
The Defence Research and Development Organisation (DRDO) has prepared the design of the aircraft while HAL is producing the engine and other parts.
I-League champions Salgaocar registered their first victory in the 33rd Federation Cup football tournament, trouncing Hindustan Aeronautics Limited 4-0 in Pune on Tuesday.
India will replace its military personnel operating three aviation platforms in the Maldives with 'competent' Indian technical personnel even as New Delhi asserted that it remained an important development partner of the island nation.
East Bengal lifted themselves up from a gloomy first-half and fired two late goals to blank HAL, Bangalore in their return leg I-League fixture at the Yuba Bharati Krirangan in Kolkata on Saturday.
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