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Hindustan Aeronautics Limited (HAL) is an Indian public sector aerospace and defence company, headquartered in Bengaluru (Bangalore). Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manufacturers in the world. [6]
Halliburton Company's (NYSE:HAL) institutional investors lost 5.0% last week but have benefitted from longer-term gains Simply Wall St November 22, 2022 at 6:16 AM
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The concept for the HLFT-42 was initiated in 2017, and officially unveiled at Aero India 2023 by Hindustan Aeronautics Limited (HAL). [2] As of February 14, 2023, HAL reported that the HLFT-42 development project had reached an advanced stage of development and was expected to progress to the final design stage within the next four to five years. [4]
Some 108 companies conducted their IPO in 2023 and raised $19.4 billion, according to Renaissance Capital. Those figures rose markedly from the 2022 doldrums of 71 IPOs and just $7.7 billion raised.
HAL management approved an internal funding of ₹ 390 crore (equivalent to ₹ 438 crore or US$51 million in 2023) for the development as of February 2021. As per Arup Chatterjee, Director of HAL Engineering, Research & Development division the integration with CATS MAX mothership will take 1-2 years and first flights is scheduled for 2024-25. [6]
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The HAL/NAL Regional Transport Aircraft (RTA) or Indian Regional Jet (IRJ) is a regional airliner being designed by India's National Aerospace Laboratories (NAL), and to be manufactured by Hindustan Aeronautics Limited (HAL). The aircraft is planned to be a turboprop or a jet with a capacity of 80–100 passengers.