ISRO and Hindustan Aeronautics enhance space mission capabilities with new facilities

ISRO and Hindustan Aeronautics enhance space mission capabilities with new facilities

The Indian Space Research Organisation (ISRO) and Hindustan Aeronautics Limited (HAL) have taken a significant step forward in bolstering India’s space mission capabilities. Today, S. Somanath, Chairman of ISRO, inaugurated state-of-the-art Propellant Tank Production and CNC Machining facilities at HAL’s Aerospace Division. The ceremony was attended by C B Ananthakrishnan, CMD (Additional Charge) of HAL, […]

ABN AMRO to acquire German Private Bank HAL for €672m to bolster position in wealth management

ABN AMRO to acquire German Private Bank HAL for €672m to bolster position in wealth management

ABN AMRO has announced the acquisition of Hauck Aufhäuser Lampe (HAL), a prominent German private bank, from Fosun International for EUR 672 million. This strategic move significantly enhances Bethmann Bank, ABN AMRO’s private banking arm in Germany, positioning it as one of the leading banking service providers for affluent clients and institutions in the region. […]

Hindustan Aeronautics to inaugurate cryogenic engine manufacturing facility in Bengaluru

Hindustan Aeronautics to inaugurate cryogenic engine manufacturing facility in Bengaluru

Hindustan Aeronautics Limited (HAL) said that its INR 208 crores integrated cryogenic engine manufacturing facility in Bengaluru will be inaugurated today by Indian President Droupadi Murmu. The cryogenic engine manufacturing plant will serve the entire rocket engine manufacturing operations of Hindustan Aeronautics Limited under one roof for the Indian Space Research Organisation (ISRO). It will […]