Commercial-Vehicles

Of the 146 foreign arms vendors attending Defexpo 2018 in Chennai, Russian Helicopters, which builds the iconic, dual-rotor Kamov helicopters, is among the few with an assured major order. In 2015, on Vladimir Putin’s personal request, Prime Minister Narendra Modi agreed to buy 200 Kamov-226T utility helicopters for the Indian Air Force (IAF) and army without competitive tendering. Moscow and...

Mumbai: Aerospace firm Boeing Co. on Thursday said it has entered into a partnership with state-run Hindustan Aeronautics Ltd (HAL) and Mahindra Defence Systems Ltd (MDS) for manufacturing the F/A-18 Super Hornet fighter jet in India, the company said in a statement. “Our partnership with HAL and Mahindra will enable us to optimize the full potential of India’s public...

The financial year 2017-18 was the best for Indian Railways in terms of safety in the last 35 years, several media outlets reported recently. The Indian Railways recorded 73 accidents in FY18 in comparison to 104 in FY17. This was the first time in years that the accidents did not cross 100, claimed media reports. Earlier this week,...

Indian Railways’ Deccan Odyssey is a special luxury train based on the model of ‘Palace on Wheels’ which was inaugurated to boost tourism on the Maharashtra route, according to the official website- deccanodyssey.india.com. It is India’s first luxury train which is a joint venture of the Maharashtra Government and the Ministry of Railways. According to Indian Railways, Deccan...

The Defence Ministry has identified four strategic rail lines along the India-China border, but the final location surveys are still pending, the government informed the Parliament today. In a written reply to a question in the Lok Sabha, Minister of State for Railways Rajen Gohain said that the four strategic lines along the India-China border are — Missamari-Tenga-Tawang...

There is no denying the fact that how good we are at planning our travel journeys, there’s always a time when we go wrong with it and have to make our bookings at short notice. This is where the Tatkal train ticket booking service of IRCTC comes in handy. Established by the Indian Railways in 1997 to book...

Hindustan Aeronautics Ltd or HAL shares made a weak debut on Wednesday, with the share price falling more than 5 per cent. Hindustan Aeronautics shares fell to as low as Rs.1,150 – a discount of over 5.3 per cent compared with the issue price of Rs. 1,215. Hindustan Aeronautics shares on Wednesday started trading with symbol ‘HAL’ on stock exchanges NSE...

While high-cost metro services are being planned and rolled out across the count ry with state governments wanting to replicate the Delhi Metro success, these systems could end up being white elephants, if the host city does not give enough ridership. Experts believe LRTS or the Light Rail Transit System are, therefore, best suited for Tier-II and...

Defence public sector undertakings Hindustan Aeronautics (HAL) and Bharat Dynamics (BDL) decision to withhold material information from public shareholders is the key reason for tepid demand for their shares, particularly from overseas investors. Several institutional investors were left ineligible from investing in these companies as they fail to meet the disclosure norms. Several big-ticket foreign portfolio investors (FPIs)...

New Delhi: The central government’s ambitious vehicle scrapping policy will become compulsory for all commercial vehicles from 2020 onwards and their life will be capped at 20 years, a high-level meeting decided on Friday, two senior government officials familiar with the development said. The plan is to try and get the GST Council to consider a lower goods and...