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HAL becomes 14th Maharatna company
The Daily Guardian
|October 14, 2024
The central government has upgraded Hindustan Aeronautics Limited (HAL) as the 14th Maharatna Central Public Sector Enterprises (CPSE), the Department of Public Enterprises said in a post on social media X on Saturday.
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The Maharatna status will further enhance its operational autonomy and financial powers with promising future projects and growth. It can now make investments up to 15 per cent of its net worth in projects and invest up to Rs 5,000 crore in foreign ventures without governmen
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