INS Kalvari commissioned into Indian Navy December 14। Prime Minister Modi ceremonially inducted the Scorpene class boat in Mumbai। Built by state-run MDL with French collaboration, Kalvari is the first submarine inducted after 2000। Modi described the Kalvari as a fine example of Make in India। Five more Kalvari Class submarines are to be commissioned over the next couple of years। India Celebrates Navy Day। India Strategic Salutes the Indian Navy। UAE decides to upgrade its fleet of Mirage 2009 combat jets। Boeing, Emirates announce commitment for 40 Boeing 787-10 aircraft worth $15 billion। Russian Helicopters signs deal for undisclosed number of Mi-17 1A2 Helicopters to India’s Vectra Group। Terror attack in New York’s Lower Manhattan kills 8 injures at least 15। An Uzbek, the terrorist mowed cyclists and pedestrians with a hired pickup truck। He was shot and captured, and notes recovered him indicated loyatly to ISIS। He is 29, came to the US in 2010, and married an Uzbek woman there। India marks 85th Indian Air Force Day। Chief of Air Staff Air Chief Marshal BS Dhanoa says IAF working towards ‘Technology Intensive’ capability। For the first time, indigenous LCA Tejas takes part in IAF Day Flypast । IAF will issue RFI for 114 single engine combat aircraft within two weeks or so । RFI will go to Lockheed Martin for F 16 and Saab for Gripen for their latest variants । IAF aims to get 18 aircraft in 4-5 years, and 96 more in progressive manufacture from then onwards । Capability will be the first parametre for selecting the aircraft, and then the price । The selected aircraft will have more capabilities than those specified in the 2007 RfP for MMRCA ।
December 17, 2017
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Corporate Governance Excellence Award for HAL


Bengaluru, December 3, 2016: The ASSOCHAM has bestowed the Corporate Governance Excellence Award 2015-16 to Hindustan Aeronautics Ltd (HAL) under unlisted public sector companies with a turnover of over Rs 500 crore category. The Union Minister of State for Finance and Corporate Affairs, Mr. Arjun Ram Meghwal presented the award to Mr. T. Suvarna Raju, CMD HAL at a function organized by ASSOCHAM in New Delhi on December 2, 2016.

“This is a great honour and I share this award with our board, management leadership and employees who have set high standards of governance. We will continue to maintain and enhance the highest standards of Corporate Governance, we have set for the organization”, said Mr. Raju. He thanked ASSOCHAM and the eminent jury for this recognition.

Only a day before HAL CMD was conferred with the Technology Leadership Award by the Institute of Engineers (India) at a function held in Bengaluru on December 1, 2016.




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