Hindustan Aeronautics Limited becomes 14th Maharatna company

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Key Points

Department of Public Enterprises. said in a post on social media X on Saturday.. status will further enhance its operational autonomy and financial powers with promising future projects and growth...

The proposal has earlier been recommended by the Inter-Ministerial Committee (IMC) headed by the Finance Secretary and Apex Committee headed by Cabinet Secretary," the Department of Public Enterprises stated in the post on X...

HAL is a Department of Defence Production (DoDP) CPSE with an annual turnover of Rs. 28162 crore and net profit of Rs..

CPSEs should have an average annual turnover exceeding Rs 25,000 crore and an average annual net worth of over Rs 15,000 crore in the past three years..

Additionally, they must achieve an average annual net profit after tax of more than Rs 5,000 crore during the same period and possess a significant global presence or international operations, as per the official statement...