State plans to turn HAL into mega aviation hub, but awaits Centre’s nod
Bengaluru: The state govt is preparing a 10-year blueprint to turn Hindustan Aeronautics Ltd (HAL) airport campus in Bengaluru into an integrated defe.
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HAL GE engine deal: F-414 engine to power three indigenous IAF jets Tejas Mk-2, TEDBF and AMCA
India is set to manufacture GE F-414-INS6 turbofan engines domestically. Hindustan Aeronautics Ltd and GE Aerospace have signed a key technical agreement. This pact will power three major indigenous fighter jets. Around 80% of the engine will be produced in India. GE will transfer intellectual property rights for local components. This marks a significant step towards defence self-reliance.
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GE, Hindustan Aeronautics sign tech deal to build fighter-jet engines in India
… fighter jets. For Washington, the technology transfer signals a deepening of the strategic … s need for advanced aviation technology is increasingly urgent. The Indian … will outline the specific percentage of technology transfer and the timeline for the …
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India–US Jet Engine Deal: GE, HAL Seal Key Tech Pact For F414 Co-Production, Says Report
India and the US have moved closer to jointly producing F414 jet engines, with GE Aerospace and Hindustan Aeronautics Limited finalising a key technical agreement, Bloomberg reported. The deal includes technology transfer and will power India’s next-generation fighter jets, boosting indigenous defence manufacturing and strengthening air power amid regional security challenges.
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Stocks in news: ICICI Pru Life, Anand Rathi Share, LIC, Vedanta, HAL
Markets witnessed a volatile session on Monday and declined nearly 1%, pressured by weak global cues. Analysts say the Sustaining above 23,500 is critical for any further rebound; otherwise, the bias may turn negative to sideways. In the interim, traders are advised to maintain a cautious stance, focus on stock selection based on relative strength for long opportunities, and prefer a hedged approach to manage risk.In today's trade, shares of ICICI Pru Life, Anand Rathi Share, LIC, Vedanta, HAL among others will be in focus due to various news developments and fourth quarter results.ICICI Pru AMCICICI Prudential Asset Management Company (AMC) reported healthy profit growth for the March quarter, supported by higher revenue and improved operating performance. The asset manager posted a profit after tax (PAT) of Rs 763 crore in Q4, marking a 10% year-on-year increase from Rs 692 crore in the corresponding quarter last year. Profit before tax for the quarter rose to Rs 1,039 crore, compared with Rs 917 crore a year earlier.
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