HAL Financial News

₹190 billion for 5 fleet support ships was awarded to Hindustan Shipyard, while Acceptance of Necessity (AoN) worth ₹78 billion was accorded for various platforms. Progress is being made on development and acquisition of fighter aircraft along with a visit by Air Chief Marshal to Hindustan Aeronautics Ltd (HAL). Additionally, successful firing of Astra BVR missile from Tejas, progress on P75I and P76 submarine programmes and guided Pinaka Rocket System is likely to enter final user trials in the next 1-2 months, are among key developments in the sector.

railway sectors. With their eye on the big game and general elections just around the corner, the Modi government is leaving no stones unturned and gearing up PSU companies. Just take the event that transpired earlier this month on 10 August 2023 in the parliament.

NEW DELHI : Embraer Defense & Security is in talks with five Indian entities, including Hindustan Aeronautics Ltd (HAL) and Tata group, to manufacture defence transport aircraft in India, a top executive at the Brazilian plane maker said. The company hopes to finalize and announce its partner by the end of this year. “It is important to say we are watching a lot what those big players are doing here in India; we are learning from them; and we are in touch with them as well.

HAL and an underweight stance on Dixon Technologies. Antique initiated a buy coverage on Suprajit Engineering and Macquarie remains overweight on Delhivery. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Morgan Stanley on HAL: Overweight| Target Rs 4365Morgan Stanley maintained an overweight rating on HAL but hiked the target price to Rs 4365 from Rs 3471 earlier. India's aerospace industry has a long runway for growth, said the Morgan Stanley note.

Narendra Modi received a rousing welcome from BJP workers and the public as he landed in Bengaluru on Saturday to congratulate the scientists who worked on Chandrayaan-3. He addressed the crowd after he landed at HAL airport, saying «Jai Jawan, Jai Kisan, Jai Vigyan, Jai Anusandhan (hail soldier, hail farmer, hail science, hail research)», before heading to meet the scientists at ISRO Telemetry Tracking and Command Network (ISTRAC) office. «I was not in the country (at the time of the launch) but I decided the first thing I would do after getting back would be to visit our scientists,» he said. The PM flew in early in the morning from Greece after attending the 15th Brics summit in Johannesburg, South Africa. Local artists waiting for him at the HAL airport played the dhol and danced, waving the Tricolour. The BJP had asked its workers to wave the national flag instead of the party flag as they were celebrating ISRO's achievement, not the party's. The crowd was packed around HAL airport, with adults, old and children all equally excited to catch a glimpse of the PM as he came to felicitate the scientists of their home state.

Narendra Modi received a rousing welcome on Saturday from the BJP workers and the public as he landed in Bengaluru to congratulate the scientists who worked on Chandrayaan-3. The PM addressed the crowd after he landed at HAL airport, saying «Jai Jawan, Jai Kisan, Jai Vigyan, Jai Anusandhan,» before heading to meet the scientists at ISRO Telemetry Tracking and Command Network (ISTRAC) office. “I was not in the country [at the time of the launch] but I decided the first thing I would do after getting back would be to visit our scientists,” said Modi.

Bengaluru visit to meet ISRO scientists, Congress leader Jairam Ramesh on Friday alleged that he purportedly barred Siddaramaiah and Shivakumar from receiving him at the HAL Airport. Meanwhile, a war of words erupted between BJP MLA and former minister R Ashoka and Deputy Chief Minister D K Shivakumar over «ignoring» protocol to receive the Prime Minister at the airport. Modi flew down to Bengaluru around 6 AM directly from the Greek capital of Athens to interact with ISRO scientists involved in the Chandrayaan-3 mission to the Moon. Addressing a large number of people gathered outside the HAL airport, the PM said since he was coming from a far-off place (Athens) he did not know what time he would reach here, and he requested Governor Thaawarchand Gehlot, CM Siddaramaiah and Deputy CM Shivakumar not to take the trouble of coming to receive him as he would return soon after paying tributes to ISRO scientists. «So, I had requested them that when I pay a formal visit, they definitely follow protocol,» Modi said. «They cooperated and I am thankful and grateful to them,» he said. Ramesh alleged that the PM was irritated with Siddaramaiah and Shivakumar for felicitating the ISRO scientists before him, and termed Modi barring the Chief Minister and his deputy as «petulant petty politics». Siddaramaiah on Thursday visited the Missions Operations Complex at ISRO Telemetry Tracking and Command Network (ISTRAC) and felicitated ISRO chief S Somanath and his team on the successful touch down of Chandrayaan-3 mission's lander on the Lunar surface. «The government will officially honour them by organising a special programme at the Banquet hall at Vidhana Soudha.

Airport where he raised the slogan 'Jai Vigyan Jai Anusandhan' and greeted people outside HAL airport, before meeting the ISRO scientists. ALSO READ: ISRO says ‘Dhanyavaad’ after PM Modi's visit to ISRO centre in Bengaluru India will celebrate August 23 as 'National Space Day' to mark successful touch down of Chandrayaan-3 mission's lander, PM Modi said on Saturday at ISRO headquarters in Bengaluru.

Read more Jio Financial Services stock will now be removed from the all the S&P BSE indices, including Sensex, Sensex 50, BSE 100, BSE 500 among others, before opening of trading on September 1. Read more The Securities and Exchange Board of India (Sebi) on Friday informed the Supreme Court that it has concluded 22 out of 24 separate investigations into the Adani group, analysed data on nearly 350 million stock trades, and scrutinized dealings in seven Adani group firms involving tens of thousands of documents.

Narendra Modi's visit to meet ISRO scientists after concluding his BRICS summit. He said that PM Modi's roadshow was politically motivated. Speaking to ANI, the Congress leader said, “PM Modi went to meet scientists, it’s a good thing, we are proud of scientists.

Narendra Modi on Saturday interacted with the women scientists of the Indian Space Research Organisation (ISRO) who were involved in the 'Chandrayaan-3' project. He lauded the key role that Nari Shakti played in the successful culmination of India's maiden lunar landing mission. Addressing scientists at ISRO’s Telemetry Tracking and Command Network Mission Control Complex in Bengaluru today, PM Modi said, “Women scientists played a key role in the success of the Chandrayaan-3 mission." “The 'Shivkshakti' point (spot on the lunar South Pole where the 'Vikram' lander touched down) will inspire future generations to take up science in earnest and use it for the welfare of people.

Prime Minister Narendra Modi on Saturday said that he had personally advised Governor Thaawarchand Gehlot, Chief Minister Siddaramaiah, and Deputy Chief Minister D K Shivakumar against making the effort to greet him at the airport upon his arrival as he was not sure of his arrival time after a long flight. According to a PTI report, Prime Minister Modi arrived in Bengaluru at approximately 6 am, having flown directly from the Greek capital, Athens.

Narendra Modi on Saturday met ISRO scientists who were behind the success of the Chandrayaan-3 mission. PM Modi was accorded a warm reception as he arrived at the ISRO headquarters in Bengaluru today. ISRO chairman S Somanath briefed PM Modi on the Chandrayaan-3 Mission journey and the efforts of scientists that went into the project.

Narendra Modi on Saturday congratulated the ISRO team for the successful landing of Chandrayaan-3 on the moon. He arrived at the ISRO Telemetry Tracking & Command Network Mission Control Complex today morning.

Narendra Modi announced on 26 August at ISRO Telemetry Tracking & Command Network Mission Control Complex in Bengaluru. While addressing the team ISRO at ISRO Telemetry Tracking and Command Network (ISTRAC), he also announed the place where Chandrayaan-2 left its footprint on the Lunar surface in 2019.

Chandrayaan-3 mission, Prime Minister Narendra Modi said on Saturday that people from across the globe who believe in science and the future are filled with enthusiasm over India's achievement. The Prime Minister who flew down to Bengaluru directly from Greece, said he could not stop himself from reaching the city first on his return to pay tribute to the ISRO scientists. Before heading for ISRO Telemetry Tracking and Command Network (ISTRAC) here, Modi addressed a gathering outside the HAL Airport. «Not only Indians but people across the globe who believe in science, who see the future and are dedicated to humanity, are filled with enthusiasm,» he said. Modi thanked the citizens of Bengaluru who gathered in huge numbers to see him. «I see people including children getting up so early.

Reuters on 25 August. Developed by the Indian Space Research Organisation (ISRO), the Small Satellite Launch Vehicle (SSLV) is a low-cost means to launch satellites weighing up to 500 kg (1,102 lb) into low-earth orbit. The SSLV serves a booming market to launch clusters of satellites for communications and data that SpaceX and rivals compete in.

By Tim McLaughlin and Tom Hals

Hindustan Aeronautics are among companies vetted to potentially bid in India's efforts to privatise its small satellite launch rocket, a source told Reuters, as the government seeks more investment in the booming space market. The Small Satellite Launch Vehicle (SSLV) was developed by the Indian Space Research Organisation (ISRO), the national space agency, as a low-cost means to launch satellites weighing up to 500 kg (1,102 lb) into low-earth orbit. They serve a booming market to launch clusters of satellites for communications and data that SpaceX and rivals compete in. About 20 companies had submitted an expression of interest in bidding on the privatisation, the first of its kind under a policy drive by Prime Minister Narendra Modi to open launch and other space businesses to investment. India is aiming to increase its share of the global satellite launch market by fivefold within the next decade. The next step will be to open the bidding process itself, the person said, who had direct knowledge of the matter but asked not to be named because discussions are not public. The companies did not respond to a Reuters request for comment. Hindustan Aeronautics, also known as HAL, and Larsen & Toubro, an industrial conglomerate, already have a contract with the government to manufacture and deliver rockets to ISRO. Under that contract, the companies will manufacture and deliver five Polar Satellite Launch Vehicles (PSLV) — often called ISRO's «workhorse» rocket.

Narendra Modi is coming on August 26. We will be receiving him in big numbers with more than 6,000 people at HAL airport. There, he might address the people of Bengaluru.

LCA), the air force is set to order an additional 100 of the Mk 1A variant of the fighter jet, with the order value likely to be around $8 billion. The Indian Air Force (IAF) has already placed an order for 83 LCA Mk1A fighter jets, the first of which is to be delivered by early next year. The Mk 1A version is a major improvement over the 40 Mk1 jets that were originally ordered by the air force, with modern avionics, Active Electronically Steered Radar, a new electronic warfare suite and a Beyond Visual Range missile capability. The order will place the total number of LCA jets-also called Tejas-in the Indian fighter fleet at 223, second only to the Russian origin Su 30MKI fighter jets.