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Hindustan Aeronautics Limited (HAL), the state-owned aerospace and defence company based in Bangalore, is working on a pact with the <keyword id="15141" type="ORGANIZATION" weightage="100" keywordseo="Indian-Air-Force">Indian air force</keyword> and the Russian government so that a spares hub for <keyword id="51948" type="COMPANY" weightage="100" keywordseo="Sukhoi">Sukhoi</keyword> 30 jets can be set up in the country. 
 
Sukhoi 30, India's largest fighter fleet from Russia, have seen a lot of technical difficulties due to which several jets have been grounded for long periods of times, the reason being the immediate unavailability of spare parts, which have to be ordered from outside, making the process time consuming. 
 
Because of this, at any given point of time, only 50-55% of the IAF jet fleet is operational. With setting up a spare hub, the aim is to increase this to at least 75%. 
 
As per ET sources, HAL is looking to invest over Rs 2,000 crore for this spares hub, in which all parts needed for the fleet will be stored so that they can be made available anytime they are needed. India and Russia are expected to sign a long-term spares agreement for this, which will help in reducing the amount of time these jets are unfit for operations. 
 
As per the new agreement, the Indian Air Force will be sourcing all its spares from HAL, as against the current practice of ordering them from outside, a lengthy process involving license, customs clearance and bank guarantees. 
 
<a href="http://defenceforumindia.com/jh4cz/assets/SU-30_MKI_Lajes.jpg">Image source</a>

HAL to invest Rs. 2000 crores in spare hub for Sukhoi 30 jets

<ul><li>Hedge fund manager David Kowitz was ordered to pay Sotheby's roughly $6.6 million after a judge ruled against the investor in a case involving an allegedly fake painting.</li><li>The lawsuit concerns the $10.8 million sale of "Portrait of a Gentleman," a painting attributed to Dutch artist Frans Hals. The 2011 sale was consigned by art dealer Mark Weiss and Kowitz's art vehicle, Fairlight Art Ventures.</li><li>The London judge ordered Weiss to pay a $4.2 million settlement to Sotheby's in April, and Wednesday's ruling found Fairlight must repay the remainder of the $10.8 to the auction house.</li><li><a href="https://www.businessinsider.com/">Visit the Business Insider homepage for more stories.</a></li></ul>Hedge fund founder David Kowitz is on the hook for roughly $6.6 million after a London judge ordered the investor to pay Sotheby's for an allegedly fake painting, <a href="https://www.bloomberg.com/">Bloomberg</a> reported Wednesday.The case involves the $10.8 million sale of "Portrait of a Gentleman," a painting attributed to Dutch artist Frans Hals. The 2011 sale was consigned by art dealer Mark Weiss and Kowitz, who founded Indus Capital Partners and owns art investment firm Fairlight Art Ventures.The Dutch Golden Age painting fell under scrutiny when art experts hired by the auction house found it included synthetic paint pigments first used four centuries after Hals died. Sotheby's reimbursed the painting's buyer and sued Weiss and Fairlight.Weiss paid $4.2 million to settle the lawsuit in April, and Judge Robin Knowles ruled Wednesday that Fairlight owes the remainder of the $10.8 million sum, including costs and 5% interest, according to Bloomberg.Sotheby's called the painting an "unequivocal" fake in February 2017, telling <a href="https://www.nytimes.com/2017/02/07/arts/design/sothebys-forgery-lawsuits.html">The New York Times</a> that, although Weiss conducted his own investigation into the painting, "none of these further tests would change its conclusion."Knowles claimed the case hinged more on the artist than the piece itself, Bloomberg reported. He noted that the court wouldn't judge the value of the work in case such a statement would change its worth, forgery or not."Whether by Frans Hals or not, it is to be hoped that its intrinsic qualities will not be ignored, and that it may be enjoyed for what it is, which is a fine painting," the judge reportedly said.Sotheby's hasn't yet replied to a request for comment. Kowitz couldn't be reached for comment.Now read more markets coverage from Markets Insider and Business Insider:<a href="https://markets.businessinsider.com/news/stocks/stock-market-liquidity-threatened-by-extreme-sport-investing-bofa-2019-12-1028756101">It's getting more difficult to freely trade stocks as investing turns into an 'extreme sport' - and Bank of America warns the worst is yet to come</a><a href="https://markets.businessinsider.com/news/stocks/nasdaq-beat-new-york-stock-exchange-ipo-funds-raised-facebook-2019-12-1028755390">Nasdaq is poised to beat the New York Stock Exchange in IPOs for the first time since Facebook's disastrous 2012 offering</a><a href="https://www.businessinsider.com/the-starting-salaries-stanford-2019-mba-graduates-2019-12">Here's the salary breakdown for Stanford's class of 2019, including the industries that are paying its MBA grads the most</a>

A hedge fund-backed art dealer just lost an $11 million ruling to Sotheby's over an allegedly fake painting

Bengaluru, The <keyword id="6355100" type="COMPANY" weightage="20" keywordseo="Indian-Navy">Indian Navy</keyword> has received three "made in <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword>" <keyword id="6706498" type="ORGANIZATION" weightage="20" keywordseo="Advanced-Light-Helicopters">advanced light helicopters</keyword>, customised for coastal security, from the <keyword id="86569" type="COMPANY" weightage="20" keywordseo="Hindustan-Aeronautics-Limited">Hindustan Aeronautics Limited</keyword> (HAL) on Friday. The Mark-III Advanced Light Helicopter (ALH) is meant for coastal security. Out of the 16 Mk-III helicopters, HAL delivered three to Indian <keyword id="42407" type="COMPANY" weightage="20" keywordseo="Navy">Navy</keyword> Chief Admiral Karambir Singh at Aero India. The helicopters are fully loaded multi mission helicopter is fitted with an array of advanced sensors. This will augment the Navy's responsibility for coastal security placed on it by the government after 26/11 Mumbai terror attacks that claimed the lives of 166 people and left 300 others injured. The helicopter features a full glass cockpit with HAL's Integrated Architecture Display System (IADS), more powerful "Shakti" (Safran Ardiden 1H1) <keyword id="240487" type="DOMAIN" weightage="20" keywordseo="engines">engines</keyword>, and a host of new systems. The Indian Navy had ordered 16 Mk-III to supplement its ageing and depleting fleet of Alouettes (Chetaks) - from HAL. These helicopters have come up with latest-generation avionics and role equipment. It is primarily meant for use in a shore-based role. The Mk-III ALH are also equipped with an indigenous low frequency dunking sonar (LFDS) developed by Kochi-based Naval Physical and Oceanographic Laboratory. The sonar's units are being produced by state-owned <keyword id="91484" type="COMPANY" weightage="20" keywordseo="Bharat-Electronics-Limited">Bharat Electronics Limited</keyword> with a host of sub-vendors downstream. The aircraft has also a nose-mounted surveillance radar with 270-degree coverage that can detect, classify and track multiple marine targets. It also has synthetic-aperture radar, inverse synthetic-aperture radar, and moving target indication classification functions. SEE ALSO: <a href="https://www.businessinsider.in/policy/economy/news/how-big-is-indias-debt-and-should-it-be-a-worry/articleshow/80688623.cms">How big is India's debt and should it be a worry?</a> <a href="https://www.businessinsider.in/stock-market/news/heres-why-you-arent-being-able-to-apply-for-brookfield-reit-ipo-through-zerodha-groww-angel-broking-and-other-stockbroking-apps/articleshow/80686457.cms">Here's why you aren't being able to apply for Brookfield REIT IPO through Zerodha, Groww and other stockbroking apps</a>

Indian Navy receives three Advanced Light Helicopters from Hindustan Aeronautics Limited

A picture of Lord <keyword id="6370821" type="General" weightage="100" keywordseo="hanuman" source="Orion">Hanuman</keyword> returned to the vertical stabiliser of the static display aircraft model of defence PSU Hindustan Aeronautics Limited on the last day of <keyword id="531582" type="General" weightage="20" keywordseo="Aero-India" source="Orion">Aero India</keyword> 2023 here, three days after it was removed without assigning any reason. <keyword id="237684" type="General" weightage="20" keywordseo="anjaneya" source="Orion">Anjaneya</keyword>, as Hanuman is also referred to, is seen with his mace in battle mode and the caption below the sticker read, "The storm is coming". An <keyword id="68124" type="General" weightage="80" keywordseo="hal" source="Orion">HAL</keyword> official, on condition of anonymity, told PTI that they carried out orders as received. The HTFT-42 trainer aircraft has been kept at the HAL's Hall-3 here at the five-day aviation exhibition. Three days ago, the display came up at the pavilion eliciting curiosity among onlookers. As it hit headlines, the defence PSU removed it without citing any particular reason. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/fiis-pump-in-6000-crore-in-5-sessions-as-emerging-markets-turn-attractive-again/articleshow/98017229.cms">FIIs pump in ₹6,000 crore in 5 sessions as emerging markets turn attractive again</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sustainability/news/centre-abolishes-all-age-limits-for-organ-donation-to-adopt-one-nation-one-policy/articleshow/98013469.cms">Centre abolishes all age limits for organ donation, to adopt 'one nation, one policy'</a>

Image of Hanuman returns on HAL's display aircraft on last day of Aero India

The Indian Government is considering to handover project for improved version of ‘Tejas’ fighter planes to private sector for efficient and time bound execution. 
 
Fed up with a string of delays and design flaws, the government wants to rope in a private player for Light Combat Aircraft, or LCA, programme. 
 
Sources told Economic Times that discussions have taken place in the top echelons of the government to expedite Tejas programme. 
 If the plan gets a go-ahead, private players would have a potential order for more than 160 improved <keyword id="2942559" type="UNKNOWN" weightage="100" keywordseo="Tejas-Mk-II">Tejas Mk II</keyword> fighters that the <keyword id="15141" type="ORGANIZATION" weightage="100" keywordseo="Indian-Air-Force">Indian Air Force</keyword> desperately needs to plug vital operational gaps. 
 The feels that the state-run agencies, <keyword id="139970" type="COMPANY" weightage="100" keywordseo="Hindustan-Aeronautics-Ltd">Hindustan Aeronautics Ltd</keyword> (HAL) and the defence ministry's <keyword id="139969" type="CITY" weightage="100" keywordseo="Aeronautical-Development-Agency">Aeronautical Development Agency</keyword> (ADA), involved in the LCA do not have the capacity to meet the order. 
 
"It is very clear that the LCA programme cannot be allowed to go on as it is. There are not enough resources available to complete the project in the timeline required. A private company would be accountable and would invest in the project," a senior official aware of the government's thinking told ET on the condition of anonymity. 
 
The financial daily reported that another proposal suggested setting up of a special purpose vehicle for the project in which DRDO and HAL, the entities now responsible for the LCA, could be partners along with the private sector. 
 
Meanwhile, experts are of the opinion that the improved version of the fighter jets will have the potential for exports also. 
 
"An improved version of the fighter that meets air force requirements would also have a good export potential. The numbers could go up significantly if India promotes it in and around the region as an affordable fighter," another official told ET. 
 
With the government ever received an order, each fighter would cost a few hundreds of cores of rupees, boosting 'Make in India' cause. 
 
Reportedly, the LCA was conceived in the early 1980s as an aircraft that would replace the Russia-made MIG 21. But, three decades have passed and the Air Force is still to get even a single squadron of these indigenously produced fighters. 
 
India’s neighbours, China and Pakistan, have squadrons of indigenously developed fighter aircraft. 
 
(Image: Indiatimes)

Government is rapidly losing out on creating Low Combat Aircraft for India

The Cabinet Committee on Security (CCS), the highest decision-making body for security issues headed by Prime Minister Narendra Modi, on Wednesday approved the purchase of 83 Tejas fighter jets for the <keyword id="15141" type="COMPANY" weightage="20" keywordseo="Indian-Air-Force">Indian Air Force</keyword> at a cost of Rs 48,000 crore, including infrastructure. The CCS approved the largest indigenous defence procurement deal worth about Rs 48,000 crore to strengthen the IAF's fleet of homegrown Light Combat Aircraft (LCA)-Tejas. "This deal will be a game changer for self reliance in the Indian defence manufacturing," Union Defence Minister <keyword id="6355121" type="PERSON" weightage="20" keywordseo="Rajnath-Singh">Rajnath Singh</keyword> said. Giving out details about the Cabinet decision, the <keyword id="43909" type="COMPANY" weightage="20" keywordseo="Defence-ministry">Defence Ministry</keyword> in a statement said: "The Cabinet has approved procurement of 73 LCA Tejas Mk-1A fighter aircraft and 10 LCA Tejas Mk-1 trainer aircraft at the cost of Rs 45,696 crore along with design and development of infrastructure sanctions worth Rs 1,202 crore." Light Combat Aircraft Mk-1A variant is an indigenously designed, developed and manufactured state-of-the-art modern 4+ generation fighter aircraft. This aircraft is equipped with critical operational capabilities of Active Electronically Scanned Array (AESA) Radar, Beyond Visual Range (BVR) missile, Electronic Warfare (EW) Suite and Air to Air Refuelling (AAR) would be a potent platform to meet the operational requirements of Indian Air Force, IAF. The LCA-Tejas is going to be the backbone of the IAF fighter fleet in the years to come. LCA-Tejas incorporates a large number of new technologies many of which were never attempted in India. The indigenous content of LCA-Tejas is 50 per cent in the Mk1A variant which will be enhanced to 60 per cent. The Light Combat Aircraft Tejas is indigenously designed by the Aircraft Development Agency (ADA) under the Defence Research and Development Organisation (DRDO) and manufactured by <keyword id="86569" type="COMPANY" weightage="20" keywordseo="Hindustan-Aeronautics-Limited">Hindustan Aeronautics Limited</keyword> (HAL). The HAL has already set up second line manufacturing facilities at its Nasik and Bengaluru Divisions. Equipped with the augmented infrastructure the HAL will steer LCA-Mk1A production for timely deliveries to the IAF. "The decision taken today will considerably expand the current LCA ecosystem and help in creating new job opportunities," the minister said. HAL follows a system integrator model in the LCA Mk1A programme and acts as an umbrella organisation, fostering manufacturing and design capabilities in private industry. The first squadron of the Light Combat Aircraft, Tejas was raised in 2016. The manufacturing of 83 jets will not only be a boost for 'Make in India' or self reliance but help in filling the gaps in the Indian Air Force as its current fleet is down to 30 squadrons, way below the sanctioned strength of 42. Each squadron comprises 18 fighter jets. These 73 Mark 1A jets are in addition to the 40 Mark 1 already ordered by the IAF. Last year in March, the <keyword id="6369097" type="COMPANY" weightage="20" keywordseo="ministry-of-defence">Ministry of Defence</keyword> gave the go-ahead for the purchase of 73 Tejas Mark 1A aircraft for the Indian Air Force. This was a major breakthrough as after cost negotiations for over three years between the Ministry of Defence and Hindustan Aeronautics Limited, the price for procurement of the advanced variant of the indigenously-made Light Combat Aircraft Tejas was slashed. The IAF has 20 Mark-1 jets of the earlier variant while another 20 are to be delivered. --IANS sk/kr

$6 billion defence deal boost for HAL — Government approves purchase of 83 Tejas fighter jets

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>As eclipse glasses sell out at retailers across the US, customers are panicking as they realize that their glasses may not arrive in time for the once-in-a-lifetime event.&#xa0;Retailers including REI, Walmart, and Best Buy have sold of their eclipse glasses&#xa0;online. Amazon still has glasses available through third-party retailers - but there's a catch.&#xa0;At least some of the eclipse glasses sold on the e-commerce site are scheduled to arrive after August 21, the day of the solar eclipse. And, some other third-party sellers on the site are giving&#xa0;vague estimates as to when the glasses will arrive or be back in stock, meaning they could arrive before&#xa0;or after the eclipse.&#xa0;<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>Eclipse glasses are the only safe way to watch the eclipse, according to the&#xa0;American Astronomical Society. Looking directly at the eclipse at any moment except the brief period when the moon has fully eclipsed the sun without certified glasses<a href="http://web.williams.edu/Astronomy/IAU_eclipses/look_eclipse.html"> could damage your eyes.&#xa0;</a>People are understandably freaking out about if their glasses will arrive on time.&#xa0;One source told Business Insider that she&#xa0;had almost purchased a five-pack of&#xa0;eclipse glasses on Amazon, before double checking the date - and realizing that they wouldn't arrive until September.&#xa0;&#xa0;<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>If you've already ordered glasses online, it might be a good idea to&#xa0;check when they're supposed to be delivered.&#xa0;If you haven't placed an order yet - or your glasses are arriving after the solar eclipse - don't panic yet.You could buy a pair with estimated&#xa0;delivery before August 21 from&#xa0;Amazon, but&#xa0;third-party sellers are jacking up the price as stock runs low, charging $24.95 or more for a five-pack instead of $14.95.You can also check out other options on the American Astronomical Society's&#xa0;<a href="https://eclipse.aas.org/resources/solar-filters">list of reputable brands and retailers.</a> <a href="https://www.reuters.com/article/us-solar-eclipse-eyes-idUSKBN1AQ15R">Reuters reported </a>that&#xa0;the market is being flooded with defective knockoffs, so it's also a good idea to make sure that the brand you purchased is approved by the experts&#xa0;before August 21.&#xa0;<div></div><div></div><div></div><div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/inside-last-kmart-supercenter-2017-8">A look inside the last standing Kmart SuperCenter</a></h3> <div> </div> </div>

Some Amazon eclipse glasses won't arrive in time for the big event - and people are furious

<ul><li>Millions of government employees across multiple state-owned companies are either anxious, ready to protest and have even taken to roads — to make sure they get their due. </li><li>Thousands of employees have taken to roads, protesting over delays. </li><li>As many as 25,000 home guards in Uttar Pradesh police department lost their jobs overnight. </li><li><keyword id="86569" type="COMPANY" weightage="20" keywordseo="Hindustan-Aeronautics-Limited">Hindustan Aeronautics Limited</keyword> (HAL) also dismissed the employees' demand for higher wage revision saying that "workmen cannot be at par with officers on salaries and perks.”</li></ul>During bad times, there is nothing like a secure job — even when you are employed with the government. As many as two millions government employees across multiple state-owned companies are either anxious, ready to protest and have even taken to roads — to make sure they get their due. This is extra pain on the Indian economy as millions of blue collar jobs have already been lost in the last few months — across auto, textile and diamond polishing sectors. Delayed salaries and job cuts The worst-affected of all government employees are the 176,000 at telecom operator BSNL. In the last few months, the debt-ridden company has been paying salaries two weeks late. While the government is still mulling a bailout package, the employees are left in doldrums. Another 20,000 employees of <keyword id="2573" type="COMPANY" weightage="20" keywordseo="Air-India">Air India</keyword> are just as angry and anxious about their future. And, the government has already decided their fate — which is a sell-off. The pilots union has already told the government that they will go for mass resignations if the national carrier lands in the hands of a private entity — which is sure to downsize. Wage revisions are too little, too late As many wonder about the state of their employment, others are annoyed with delayed wage revisions. As many as 20,000 workers and a few officers of Bangalore-headquartered Hindustan Aeronautics (HAL) are protesting against low salary hikes. The company dismissed their demand for higher wage revision saying, "workmen cannot be at par with officers on salaries and perks.” “We hope this realization will percolate to the employees sooner to make them call off their indefinite strike," HAL Chief Financial Officer C B Ananthakrishnan told IANS. Employees of public sector banks — which employs nearly 800,000 people — also seem to be unhappy with the<a href="https://www.businessinsider.in/careers/news/salary-hikes-at-government-banks-ahead-of-diwali/articleshow/71473853.cms"> wage revision</a> as the bankers association decided to offer one month extra salary without reaching a consensus with the bank unions. They are expected to go on a strike on October 22. Interestingly, the wage revision was due since 2017 in both cases. State government employees lose jobs and hope The employees of state governments have their own set of problems. Over 49,000 <keyword id="2981720" type="COMPANY" weightage="20" keywordseo="Telangana-State-Road-Transport-Corporation">Telangana State Road Transport Corporation</keyword> (TSRTC) employees have been on a 12-day long protest, demanding salaries for September. But, not just delayed payments, job loss is hurting the most vulnerable of employees. As many as 25,000 home guards in Uttar Pradesh police department <a href="https://www.businesstoday.in/current/economy-politics/yogi-adityanath-govt-terminates-25000-up-police-home-guards-on-diwali-uttar-pradesh/story/384879.html">lost jobs</a> as the government could not afford to pay the salaries at par. And, the administration called it a ‘resource constraint.’ Abiding by the Supreme Court verdict, the department was liable to pay the increased salaries at ₹672 per day to the home guards — who are paid ₹500 as of now. But, it slashed the workforce to 65,000, in order to compensate for the hike. See also: <a href="https://www.businessinsider.in/bsnl-which-is-yet-to-pay-august-salaries-wants-to-give-an-attractive-retirement-package-to-80000-employees/articleshow/70988909.cms">BSNL which is yet to pay August salaries wants to give an attractive retirement package to 80,000 employees</a> <a href="https://www.businessinsider.in/business/article/air-india-could-be-grounded-for-lack-of-fuel/articleshow/71593551.cms">Weeks ahead of divestment, Air India faces multiple threats of being grounded</a> <a href="https://www.businessinsider.in/textile-workers-diamond-polishers-and-others-face-job-losses/articleshow/70977544.cms">The untold crisis to befall India’s artists, artisans and weavers</a>

Over 2 million government employees are angry, anxious and dejected over salaries, hikes and job security

<ul><li>At 7:40 am, the SGX Nifty was trading 0.23% lower, indicating a muted start for Nifty50. </li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider</a>. </li></ul>Indian stock market is likely to open on a negative note amidst cautious cues from global peers. At 7:40 am, the SGX Nifty was trading 0.23% lower, indicating a muted start for Nifty50. On Thursday, the US stocks finished sharply lower as tech shares lost momentum. The Dow Jones Industrial Average ended 1.45% lower. While the S&amp;P 500 lost 1.76% towards the end of trading. Here’s a list of stocks to watch for in trade on September 11: Reliance Industries and Future Retail Mukesh Ambani led RIL has clarified on the circulating news report about the company selling Amazon $20 billion stakes in its retail arm. RIL said, “we do not comment on media speculation and rumours, and we cannot confirm or deny any transaction which may or may not be in the works.” This may also move the shares of Mukesh Ambani’s recently acquired Future Retail. The shares of RIL closed 7.29% higher yesterday, whereas Future Retail was locked in a 5% upper circuit. Bank of Baroda and Union Bank The Bank of Baroda reduced Marginal cost of funds-based lending rate (MCLR) between 5-30 basis points across various tenors with effect from September 12. The Union Bank of India also decided to reduce the MCLR by up to 5 basis points across tenors. One hundred basis points make 1%. The shares of Bank of Baroda closed 3% higher yesterday, whereas Union Bank gained 2%. Info Edge Info Edge said its investee company Zomato had raised $160 million (₹1,173 crore) in funding from Tiger Global and Temasek Holdings subsidiary MacRitchie Investments, valuing the online food ordering platform at $3.3 billion. The shares of Info Edge closed 3.30% higher on September 10. HAL The state-owned Hindustan Aeronautics Limited (HAL) reported a 74% drop in its net profit to ₹148.7 for the first quarter ended June 30. The company’s overall revenue was down 47% compared to the same period last year. The shares of HAL closed 3.24% higher on Thursday. Maruti Suzuki The promoter of India’s largest car manufacturer Maruti Suzuki— Suzuki Motor Corporation acquired 2.84 lakh shares from September 8-9. The shares of Maruti Suzuki closed almost flat on Thursday. Hindustan Copper Hindustan Copper reported a 40% jump in its consolidated net profit to ₹29.8 crore for the first quarter ended June 30. The company’s revenue increased 41.9% to ₹431.4 crore. The shares of Hindustan Copper closed 3% higher on September 10. Yes Bank Yes Bank said it has fully repaid the ₹50,000 crore provided by RBI as a special liquidity facility (SLF) amid the crisis faced by the lender earlier this year. The shares of Yes Bank closed 2.20% higher on September 10. BHEL, IRCTC, Rail Vikas Nigam and Adani Green Energy These companies are slated to report their first quarterly earnings today. SEE ALSO: <a href="https://www.businessinsider.in/retail/news/indias-largest-company-reliance-industries-has-reportedly-offered-amazon-a-40-stake-in-its-retail-arm-for-20-billion/articleshow/78041109.cms" data-type="tilCustomLink">India's largest company, Reliance Industries, has reportedly offered Amazon a 40% stake in its retail arm for $20 billion</a> <a href="https://www.businessinsider.in/finance/news/citigroup-ceo-michael-corbat-announces-plans-to-retire-hell-be-replaced-by-the-banks-consumer-chief-jane-fraser-/articleshow/78040520.cms" data-type="tilCustomLink">Wall Street shatters a glass ceiling as Jane Fraser is announced as Citigroup's new CEO, becoming the first woman to lead a major US bank</a>

You Searched For "hal order" and got 9 results

HAL to invest Rs. 2000 crores in spare hub for Sukhoi 30 jets

BI India Bureau

A hedge fund-backed art dealer just lost an $11 million ruling to Sotheby's over an allegedly fake painting

Ben Winck

Indian Navy receives three Advanced Light Helicopters from Hindustan Aeronautics Limited

IANS

Image of Hanuman returns on HAL's display aircraft on last day of Aero India

PTI

Government is rapidly losing out on creating Low Combat Aircraft for India

BI India Bureau

$6 billion defence deal boost for HAL — Government approves purchase of 83 Tejas fighter jets

IANS

Some Amazon eclipse glasses won't arrive in time for the big event - and people are furious

Kate Taylor

Over 2 million government employees are angry, anxious and dejected over salaries, hikes and job security

Prerna Sindwani

Top stocks to watch— RIL, Future Retail, Bank of Baroda, Yes Bank, HAL, Info Edge, Maruti Suzuki, IRCTC, BHEL, HAL, Rail Vikas Nigam and more

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