HAL points to 6% FY sales growth, double-digit PAT growth despite COVID

HAL or Hindustan Aeronautics Ltd, a government-owned aircraft maker, reported a 6% growth in its revenue for the current year despite a one-month shut-down related to the COVID-19 pandemic. The Bangalore-based company reported provisional revenue of Rs 22,700 crores for the year ending today, up from Rs 21,438 crores for the year ended March 2020. […]

Civil Aviation ministry opposes plan to reopen Bangalore’s HAL airport

It’s a move that would be greeted with much glee by harried Bangaloreans, but commercial considerations are understood to have forced the civil aviation ministry to oppose the reopening of the city’s old airport at HAL. The airport in Hindustan Aeronautics Ltd was shut down in 2008 when the GVK-group’s Bangalore International Airport Ltd became […]