Rs 6,828-crore Aircraft Contract Sanctioned For HAL In Maharashtra's Nashik
Listen to This Article
The Union government has sanctioned Rs 6,828 crore worth of contract to Hindustan Aeronautics Ltd (HAL) at Ozar in Nashik district for manufacturing 70 HTT-40 aircraft, a central minister said on Wednesday.
Defence Minister Rajnath Singh has given his approval to HAL to manufacture these aircraft, Union Minister of State for Health Dr Bharti Pawar said in a press release here. The PSU has been manufacturing defence equipment since 1964.
The Union government's decision will generate work for around 3,000 officers and employees of HAL, said the release.
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more