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The Latest Breaking News from HAL

Is it time to reopen Bengaluru’s HAL Airport or build a third aerodrome?

Bengaluru's population and industry demand two fully functional commercial airports, but the Kempegowda International Airport (KIA) will exceed its capacity by 2032-33. A 2020 proposal to build a third airport between Bengaluru and Mysuru is critical to support high value-add industries and decongest Bengaluru. Poor rail and road connectivity, plus…

The Hindu

Army to start phasing out Cheetah, Chetak helicopters from 2027

Army to phase out Cheetah, Chetak helicopters in 2027; replace with indigenously-developed LUH. TTL of Cheetah, Chetak helicopters to end in 2027; Army to replace with indigenously-developed LUH. Army to phase out vintage Cheetah, Chetak helicopters in 2027; replace with indigenously-developed LUH. On completion of Total Technical Life in 2027,…

The Hindu

ExxonMobil, Halliburton Lead Rally As Oil Heads Higher. War Premium, Consolidation, Sanctions All In Play

Oil and gas sector stocks look to make gains as oil prices jump higher amid the Israel-Hamas war.

Investors Business Daily

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3 Energy Stocks With Massive Potential for Gains

Rising crude oil prices, with surging demand and constrained supply, are expected to boost the prospects of the energy industry. Therefore, it could be wise to buy fundamentally strong energy stocks Halliburton (HAL), Matrix Service Company (MTRX), and ChampionX (CHX). Read more….

StockNews.com

Here are the big stories from Karnataka today

Karnataka Today newsletter: HAL hands over first LCA Tejas twin seater aircraft to IAF, and more

The Hindu

HAL hands over first LCA Tejas twin seater aircraft to IAF

HAL hands over first LCA Tejas twin seater aircraft to IAF. It is a light weight, multi-role 4.5 generation aircraft with advanced features. This adds India to the list of few countries with such capabilities.

The Hindu

Indian Air Force receives first LCA Tejas trainer aircraft from HAL

Indian Air Force (IAF) chief Air Chief Marshal VR Chaudhari received the Light Combat Aircraft (LCA) Tejas twin-seater trainer aircraft from Hindustan Aeronautics Limited (HAL) Chief Managing Director CB Ananthakrishnan in Bengaluru. Read further on Dynamite News:

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Energy Stock Halliburton Rides Oil Wave Toward Buy Point

This oil services stock is nearing a 52-week high as crude oil prices also near their highest point in a year.

Investors Business Daily

South-east Alaska — one of the most beautiful cruise routes on earth?

Spouting humpback whales, playful sea lions, and majestic glaciers, Radhika Aligh slows down to enjoy nature one wave at a time

Evening Standard

3 Energy Stocks to Track for Momentum

Extended production cuts by major oil-producing nations and rising global oil demand have led to higher oil and pump gas prices. Thus, it could be wise to monitor leading energy stocks Archrock (AROC), Halliburton (HAL), and Newpark Resources (NR), which have been displaying solid momentum. Read more….

StockNews.com

Here are the big stories from Karnataka today

Karnataka Today newsletter: All eyes on JD(S) as BJP offers 4 seats for tie-up in LS polls

The Hindu

Modi, Biden to discuss trade issues, jet engine, drone deals during meet

PM Modi and President Biden are likely to discuss outstanding trade issues, given that the U.S. has dropped most WTO cases against India and India has moved on dropping tariff increases against the U.S. on certain commodities.

The Hindu

IAF banking on indigenous fighter aircraft to prevent numbers going below current level

IAF puts weight behind LCA project, hopes for expedited deliveries and additional orders to arrest fighter strength falling. LCA trainers urgently required; 8 expected by end of FY.

The Hindu

Prime Minister’s roadshow in Bengaluru cancelled

Prime Minister Narendra Modi’s roadshow that had been planned by the BJP Karnataka unit, on the occasion of his visit to ISRO on Saturday to congratulate scientists for the success of Chandrayaan-3, stands cancelled. This comes within a day of the party State unit announcing the event.

The Hindu

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The Hindu

PM Modi to visit ISRO on August 26

PM Modi visits Bengaluru to congratulate ISRO scientists on Chandrayaan-3 success. BJP to welcome him at HAL airport. Traffic police ask people to avoid certain roads from 4.30-9.30am. CM Siddaramaiah visited ISRO facility on Thursday to felicitate team.

The Hindu

Labourer arrested for venturing into restricted area of Indian Air Force

The HAL police arrested a 38-year-old man for venturing into the restricted Indian Air Fore area

StockNews.com

General Electric (GE) and Watts Water Technologies (WTS): Do These Stocks Have Some Momentum in Them?

Lucrative government investments and rising technological advancements are expected to propel the manufacturing industry’s growth and profitability in the upcoming years. But let’s find out if manufacturing stocks General Electric (GE) and Watts Water Technologies (WTS) possess solid momentum in them. Read on to learn my view….

The Hindu

Army issues to lease 20 light helicopters

Indian Army seeks to lease 20 helicopters for 5 yrs to replace ageing Cheetah/Chetak fleet. MoD issued RFI, AoN to be processed in 6 mths. RFP expected mid-Oct. Lease period likely to extend to 10 yrs. Ka-226T procurement from Russia stuck. HAL's LUH yet to qualify auto-pilot. IAF, Navy also…

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The Hindu

HAL and Argentina Defence Ministry sign LoI for light and medium utility helicopters

Hindustan Aeronautics Ltd. (HAL) and the Ministry of Defence of Argentina on Thursday signed a letter of intent (LoI) on productive cooperation and acquisition of light and medium utility helicopters for the armed forces of the Argentine Republic.

The Hindu

Nod for multi-role chopper by early 2024; Safran, HAL to set up firm in Bengaluru

The IMRH, expected to be ready by the end of this decade, is meant to replace the Mi-17s in service

The Hindu

India, France set to co-develop jet engine

India and France have announced that they will extend their defence cooperation in advanced aeronautical technologies by supporting the joint development of a combat aircraft engine and also an engine for the Indian multi-role helicopter (IMRH) being designed and developed by Hindustan Aeronautics Limited.

The Hindu

India-U.S. defence deals should stop Opposition’s ‘crocodile tears’ over HAL: Finance Minister Nirmala Sitharaman

The recent India-U.S. defence cooperation agreement, Indian Finance Minister Nirmala Sitharaman said, should end the Opposition’s criticism of HAL. Read more on The Hindu.

The Hindu

As part of UAV deal with U.S. firm, India is expected to develop some components locally

As part of the process to conclude the deal for procurement of 31 MQ-9B armed High Altitude Long Endurance (HALE) Unmanned Aerial Vehicles (UAV), the Defence Ministry is expected to issue the Letter of Request (LoR) to the U.S. by first week of July

The Hindu

Explained | Why is the U.S.-India fighter jet deal important?

With General Electric and Hindustan Aeronautics Limited signing a memorandum of understanding to co-produce F414 engines in India, how will it boost IAF strength? Will the U.S. government and Congressional approvals come through for the deal?

The Hindu

India-U.S. push for jet engine production has better chances than ever before, say experts

The jet engine technology deal announced during Prime Minister Narendra Modi’s visit to the U.S. bears some resemblance to the India-U.S. Civil Nuclear Deal in the manner it was pushed through by Washington and New Delhi.

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