Indigenisation

HAL: In urgent need of restructuring

The Indian Air Force lost two highly accomplished Test Pilots in a Mirage trainer aircraft crash, early this month, at the Bangalore complex of Hindustan Aeronautics Limited. The aircraft was on an acceptance test flight by the two pilots after HAL had completed its upgrade modification on the aircraft. The aircraft reportedly had a major malfunction on the take-off role, forcing the pilots to eject, which resulted in their unfortunate fatalities.

BEL registers 35% growth in 2nd Quarter

Navratna Defence PSU Bharat Electronics Limited (BEL) has during the second quarter of        FY 2018-19, achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1stquarter of current year and corresponding quarter of the previous year.

The company has achieved a turnover of Rs. 3282.40 crore, during the 2ndquarter of FY 2018-19, registering a growth of about 35 %, over the turnover of Rs. 2431.73 crore recorded in the corresponding period of the previous year.