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<ul><li>The <keyword id="158152" type="General" weightage="20" keywordseo="Light-Combat-Helicopter" source="Orion">Light Combat Helicopter</keyword> is developed by <keyword id="139970" type="General" weightage="80" keywordseo="hindustan-aeronautics-ltd" source="Orion">Hindustan Aeronautics Ltd</keyword> (HAL).</li><li>LCH features armoured-protection systems, night attack capability, 20mm gun, 70mm rocket and missiles.</li><li>It has a top speed of 268kmph and a maximum range of 550km.</li></ul>The Defence Minister of India, <keyword id="6355121" type="General" weightage="80" keywordseo="rajnath-singh" source="Orion">Rajnath Singh</keyword>, inducted an indigenously- developed Light Combat Helicopter (LCH) into <keyword id="15141" type="General" weightage="80" keywordseo="indian-air-force" source="Orion">Indian Air Force</keyword> (IAF). The induction occurred in the presence of the Defence Minister and Staff Air Chief Marshal VR Chaudhari during the induction Ceremony of Light Combat Helicopters (LCH) in Jodhpur. This light combat helicopter has been developed to boost the Indian Air Force's combat prowess as the helicopter is capable of firing a range of missiles and other weapons. <cmsannotation type="cmsannotation" annotationid="Key features of Light Combat Helicopter (LCH)" comment="subhead" text="Key features of Light Combat Helicopter (LCH)">Key features of Light Combat Helicopter (LCH)</cmsannotation> The Light Combat Helicopter has been developed by Hindustan Aeronautics Ltd (HAL). It has been primarily designed for deployment in the high-altitude region. It shares similar traits with the advanced light helicopter Dhruv. It has a number of stealth features, including armoured-protection systems, night attack capability and crash-worthy landing gear. The LCH can be deployed in high-altitude areas and all-weather combat conditions, thanks to requisite agility, manoeuvrability, and extended range. Besides this, the helicopter can also be deployed in high-altitude bunker busting operations, urban environments, counter-insurgency, and combat capabilities to support ground forces. <div type="image" title="Light Combat Helicopter" msid="94613876" hostid="261" sizebytes="51422"></div> Other than these, several key aviation technologies are used in this helicopter, like glass cockpit, crashworthy bottom structure, anti-resonance isolation system, integrated architecture and display system, IR suppressor, helmet-mounted display system and more. Coming to weapon capabilities, it has a 20mm gun, 70mm rocket and missiles. The helicopter can fire air-to-air and air-to-ground missiles. This Light Combat Helicopter (LCH) weighs 5,800 Kg, has a range of 550km and has a maximum speed of 268kmph. It is powered by a SHAKTI engine that produces a power of 1032kW. In March, Prime Minister Narendra Modi led a Cabinet Committee on Security, which approved the procurement of 15 indigenously developed Limited Series Production (LSP) LCH at the cost of ₹3,887 crores. According to the defence ministry, ten helicopters will be introduced, five for Indian Air Force (IAF) and five for the Indian Army. The helicopter has been tested under stringent operating conditions, such as in the desert and cold Siachen regions. Back in February 2020, the helicopter was declared ready for production. SEE ALSO: <a href="https://www.businessinsider.in/defense/news/ins-vikrant-pm-modi-unveils-indias-first-indigenous-aircraft-carrier/slidelist/93944069.cms">PM Modi unveils India’s first indigenous aircraft carrier- INS Vikrant</a> <a href="https://www.businessinsider.in/defense/news/meet-the-former-lieutenant-general-anil-chauhan-the-next-chief-of-defence-staff/slidelist/94530802.cms">Meet the former Lieutenant General Anil Chauhan — the next Chief of Defence Staff</a>

Here’s everything you need to know about the made-in-India lightweight combat helicopter

New Delhi, Dec 11 () Hindustan Aeronautics Ltd on Wednesday said a pact has been signed between the company's management and its workmen on the revision of wage structure with effect from January 1, 2017.
 In a regulatory filing the company said that a Memorandum of Understanding (MOU) has been signed on December 10, 2019 between workmen and the management on revision of wage structure from January 1, 2017 and productivity improvement and other related matters.
 The workers on HAL had gone on a strike from October 14-22 to press for their demand of 15 per cent fitment benefit and 35 per cent perks with effect from January 1, 2017 at par with executives.
 On December 2, Defence Minister Rajnath Singh had said in Rajya Sabha that the labour union had resumed work after the High Court judgement but negotiations were on between the management and the labour unions.
 The minister had said that the HAL management has negotiated with workmen and trade unions for their wage revision based on government guidelines of November 24, 2017 on wage policy for Central Public Sector Enterprises.
 The issue of wage revision has been discussed by HAL management in consonance with the statutory provisions and also keeping in mind the interest of the company, employees and nation at large, he had noted. SID DRR

Hindustan Aeronautics' mgmt, workmen sign pact for wage revision

Bengaluru, Chief of Air Staff Air Chief Marshal Rakesh Kumar Singh Bhadauria flew the home-grown <keyword id="158152" type="PERSON" weightage="20" keywordseo="Light-Combat-Helicopter">Light Combat Helicopter</keyword> (LCH) over this aerospace city for an hour, an official said on Friday. "Bhadauria flew the twin-seater LCH for a hour, taking off around noon from our airport in the city's eastern suburb, with our deputy chief test pilot Wing Commander (Retd) S.P. John," a Hindustan Aeronautics Ltd (<keyword id="68124" type="COMPANY" weightage="20" keywordseo="HAL">HAL</keyword>) official told IANS here. The Air Chief, who is in the city to unveil the 59th annual conference of the Indian Society of Aerospace Medicine, undertook the sortie in the HAL-made LCH for the first time, as a co-pilot, dressed in a fighter pilot suit. Designed and developed by the city-based state-run defence behemoth (HAL), LCH is the world's multi-role lightest attack helicopter, with a highest flight ceiling. "The LCH has been certified by the relevant agency for induction into the IAF and the <keyword id="6354416" type="ORGANIZATION" weightage="20" keywordseo="Indian-Army">Indian Army</keyword> soon," said the official. The Defence Acquisition Council (DAC) had approved the proposal for initial batch of 15 LCHs. The IAF issued Request for Proposal (RFP) for 15 limited series production of the helicopter, including 5 for the Army. Bhadauria, who took over as the <keyword id="15141" type="ORGANIZATION" weightage="20" keywordseo="Indian-Air-Force">Indian Air Force</keyword> (IAF) in September 2019, also flew the HAL-made Light Combat Aircraft (LCA) Tejas on May 27, 2020 when it was inducted into the IAF's 18 Squadron (Flying Bullets) at the Sulur air base near Coimbatore in the neigbhouring Tamil Nadu state. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/mumbais-massive-power-cut-last-month-may-have-been-the-work-of-hackers/articleshow/79318282.cms">Mumbai’s massive power cut last month may have been the work of hackers</a> <a href="https://www.businessinsider.in/stock-market/news/vodafone-idea-shares-jump-after-selling-stake-in-indus-towers-for-3760-crore/articleshow/79316662.cms">Vodafone Idea soars nearly 5% on fund infusion from Indus Towers stake sale</a> <a href="https://www.businessinsider.in/tech/apps/news/pubg-mobile-india-was-supposed-to-launch-today/articleshow/79315462.cms">PUBG Mobile India was rumoured to launch today — but there is no official update from the company</a>

Indian Air Force chief flies HAL's home-grown Light Combat Helicopter ahead of its induction into the armed forces

Indigenously built Light Utility Helicopter (LUH) is going to make its first flight very soon as the developers have overcome a software-related hurdle, which was delaying the launch. 
 As per reports, <keyword id="3618825" type="UNKNOWN" weightage="20" keywordseo="hindustan-aeronautics-ltd-made">Hindustan Aeronautics Ltd-made</keyword> 3.1 tonne prototype LUH will replace Cheetah and Chetak fleets of the armed forces. 
The launch will take place in Bengaluru. 
 
"We are now ready to take the chopper in the air. All hurdles have been crossed and now it is only a matter of the right day when all conditions are good for a first flight," a senior official involved in the project told ET. 
 
The LUH is a military project and the works were on since 2008. The testing was done in 2015. 
 The LUH will carry troops and supplies to border areas as presently, the <keyword id="112134" type="ORGANIZATION" weightage="20" keywordseo="Indian-Armed-Forces">Indian Armed Forces</keyword> require over 200 choppers in its fleet. 
 
The manufacturing of the choppers is expected to begin from 2018. The chopper is powered by a Shakti engine made in collaboration with French company Turbomeca. A new production facility is to be built for the LUH project.

Made-in-India ‘Light Utility Helicopter’ ready for its first flight

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

NEW DELHI: When the <keyword id="6376012" type="COMPANY" weightage="100" keywordseo="Tejas">Tejas</keyword> light combat aircraft tears into the sky over Bangalore on Friday, its sonic boom will finally herald a major milestone in the long, tortuous developmental saga of the homegrown supersonic fighter. 
 Having clocked almost 2,420 flight tests since its prototype first flew in January 2011, the lightweight multirole Tejas fighter will finally zoom past the initial operational clearance (<keyword id="6354733" type="ORGANIZATION" weightage="40" keywordseo="IOC">IOC</keyword>) mark on Friday. For long wary of <keyword id="508910" type="ENTERTAINMENT" weightage="40" keywordseo="The-Fighter">the fighter</keyword> being prematurely thrust down its throat, even the IAF will clap this time. 
 "This Tejas Mark-I is much better than a MiG-21 'Bison' on several counts, including weapon-carrying capability and range. But the fighter's full capabilities will emerge only in the Tejas Mark-II version, with a more powerful engine, radar and weapons, which is slated to be ready by December 2018," said a top <keyword id="194542" type="POSITION" weightage="40" keywordseo="IAF-officer">IAF officer</keyword>. 
 But that is in the future. Friday will mark the actual IOC - which basically signifies the fighter is fully airworthy in different conditions, from extremely low temperatures of high-altitude areas to the searing heat of deserts - of the Tejas Mark-I. It will not be the specious one that the combine of Defence Research and Development Organization (DRDO), <keyword id="139969" type="CITY" weightage="40" keywordseo="Aeronautical-Development-Agency">Aeronautical Development Agency</keyword> (ADA) and <keyword id="139970" type="COMPANY" weightage="40" keywordseo="Hindustan-Aeronautics-Ltd">Hindustan Aeronautics Ltd</keyword> (HAL) passed off as IOC-I in January 2011. 
 
 
 
The Tejas Mark-I fighter, however, will be ready to go to battle only in 2015 once it gets the final operational clearance (FOC), after integration of all weapons and other systems to ensure it can fi re 23mm guns, rockets and BVR (beyond visual range) missiles as well as undergo air-to-air refuelling. As of now, the Tejas can let loose only close-range R-73 air-to-air missiles and air-to-ground laser and unguided bombs. 
 It's a no-brainer that India needs to have its own <keyword id="6500558" type="ENTERTAINMENT" weightage="40" keywordseo="Indigenous">indigenous</keyword> fighter in an era where the supremacy of airpower in shaping modern-day battles is unquestioned, and foreign imports can be choked in times of emergencies. 
 But the way the LCA project has meandered over the years, since it was fi rst approved in August 1983 at a paltry cost of Rs 560 crore to replace the ageing MiG-21s, has tested everyone's patience. So much so that TOI in April 2003, just before then PM <keyword id="47100" type="PERSON" weightage="40" keywordseo="Atal-Bihari-Vajpayee">Atal Bihari Vajpayee</keyword> named it "Tejas", had suggested it be christened "Jet-Ayu" - 'Ayu' being the Hindi word for age, and 'Jatayu', the bird king who fought Ravana in vain to prevent him from abducting Sita. 
 
Down to just 34 fighter squadrons, IAF is of course still fl ying the obsolete MiG-21s. Due to the huge delay in the LCA project, it still has around 250 MiG-21s in its combat fleet, having further staggered their already long-delayed retirement by at least another five years. Not only has the LCA been in the making for 30 years, with deadlines being missed time and again, its overall developmental cost has also zoomed up to Rs 17,269 crore. This includes the Kaveri aero engine, sanctioned in 1989 at a cost of Rs 2,839 crore, which flopped miserably. 
 Consequently, while the first lot of Tejas will be powered by the American <keyword id="45528" type="CITY" weightage="40" keywordseo="GE">GE</keyword>-404 engines, the Mark-II ones will have the more powerful GE F-414 engines. Over and above the developmental cost, each Tejas will cost around Rs 210-250 crore. So, the induction of 160 Tejas - 120 for IAF, 40 for Navy - will cost another Rs 35,000 crore. 
 
However, defence scientists pooh-pooh all this talk of high costs. 
 "A fourth-generation-plus fighter, Tejas will still be among the cheapest fighters in its class in the world. It's not easy to develop a digital fl y-by-wire supersonic fighter from scratch, especially when India faced international sanctions for several years after the Pokhran-II nuclear tests," said a <keyword id="9662" type="POSITION" weightage="40" keywordseo="Scientist">scientist</keyword>. 
 Though late in coming, the Tejas is certainly critical for the IAF to meet its lightweight fighter requirements. While the heavyweight fighter category is taken care of by the Sukhoi-30MKIs, the medium range is to be met by the proposed almost $20 billion MMRCA (medium multirole combat aircraft) project to acquire 126 <keyword id="6381048" type="ORGANIZATION" weightage="40" keywordseo="Rafale">Rafale</keyword> fighters. 
 "The MMRCA and Tejas squadrons are very critical for us to maintain our deterrence capability. Otherwise, our force levels will go down rapidly," says <keyword id="483998" type="POSITION" weightage="40" keywordseo="IAF-Chief-Air-Chief-Marshal">IAF chief Air Chief Marshal</keyword> NAK Browne.

Tejas: A Rs 50,000 crore bird for India

<ul><li>Indian stock market indices opened in red on Thursday tracking sell-off in global markets.</li><li>The BSE Sensex was trading nearly a percent lower at 38,270.26 points; while Nifty50 was down or 0.81% at 11,315.60 points.</li><li>These are the top stocks that are buzzing the D-street 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 indices, Sensex tumbled over 300 points in early trade on Thursday tracking the sell-off in global markets after the US Fed's gloomy economic outlook spooked investors. The BSE Sensex was trading nearly a percent lower at 38,270.26 points; while Nifty50 was down or 0.81% at 11,315.60 points. ICICI Bank was the top loser in the Sensex pack, shedding around 2%, followed by IndusInd Bank, HDFC, ITC, Asian Paints and Titan. On the other hand, NTPC, PowerGrid, Sun Pharma and Infosys were among the gainers. These are the top stocks that are buzzing the D-street today. Ruchi Soya dives 2% post Q1 earnings <div type="image" title="Ruchi SOya August 20" msid="77648242" hostid="261"></div> Patanjali Group firm Ruchi Soya shares declined 2% during the early trading hours on Thursday. The company reported around 13% decline in its net profit to ₹12.25 crore for the first quarter ended June 30. It also announced the resignation of Acharya Balkrishna as managing director of the company. Ram Bharat, Baba Ramdev’s younger brother, will replace Balkrishna. Muthoot Finance decline 5% <div type="image" title="Muthoot Fianance August 20" msid="77648250" hostid="261"></div> Shares of one of the largest NBFC gold loan lenders declined 5% during the trade hours on August 20. Although the company posted a 59% rise in standalone net profit in the June quarter, the inventors were cautious about sustainable growth. <a href="https://www.livemint.com/market/mark-to-market/gold-makes-muthoot-finance-shine-in-q1-but-investors-want-growth-sustainability-11597841856611.html">According to reports</a>, the recent surge in gold loans is because people are struggling to pay the dues as the pandemic impacted pockets. Therefore, the growth rates could peter out in the coming quarters. IRCTC lost over 1% during the morning trade <div type="image" title="IRCTC shares" msid="77648259" hostid="261"></div> Shares of partly state-owned hospitality company IRCTC shares declined nearly 1% after news surfaced that the government is looking to reduce its shareholding via an offer of sale. <a href="https://www.timesnownews.com/business-economy/companies/article/indian-railways-irctc-next-on-modi-government-s-disinvestment-agenda-report/639539">According to reports</a>, The department of investment and public asset management (Dipam) has invited bids from merchant bankers and brokers. It aims to divest part of the government’s shareholding of 87.4% in the IRCTC, which was listed on the bourses last year. Tata Power gained over 4% <div type="image" title="Tata power" msid="77648296" hostid="261"></div> Tata Power share soared 4% after the company said after launching its renewable energy InvIT this fiscal year, it would also explore merger and acquisition opportunities to strengthen its position in this space. HAL shares declined over 3% <div type="image" title="HAL" msid="77648311" hostid="261"></div> HAL lost nearly 3% during the morning trade hours after <a href="https://www.moneycontrol.com/news/business/economy/government-may-sell-5-stake-in-hal-via-offer-for-sale-5728591.html">news reports</a> surfaced that Centre is planning to sell 5% stake in state-owned defence player Hindustan Aeronautics (HAL) via an offer for sale. As of now, the central government owns a 90% stake in HAL, and it is expected to rake in up to ₹2,000 crore. DLF gained over 2% <div type="image" title="DLF" msid="77648341" hostid="261"></div> Realty major DLF gained over 2% during the morning trade after the US-based property player Hines secured a ₹2,600 crore loan from HDFC to construct a prime office complex in Gurugram. “The second joint venture between Hines and DLF has secured a construction loan of ₹2,600 crore from HDFC Ltd,” Hines said. <keyword id="6426359" type="COMPANY" weightage="20" keywordseo="pnb-housing-finance">PNB Housing Finance</keyword> up nearly 3% <div type="image" title="PNB Housing" msid="77648370" hostid="261"></div> PNB Housing Finance shares gained nearly 3% after its board on Wednesday approved raising up to ₹1,800 crore equity capital through a preferential or rights issue. Yes Bank and CG power gains nearly 3% and 5%, respectively <div type="image" title="Yes" msid="77648396" hostid="261"></div> Yes Bank shares were up 3% after the company exited <keyword id="9788653" type="COMPANY" weightage="20" keywordseo="cg-power-industrial-solutions-ltd">CG Power &amp; Industrial Solutions Ltd</keyword> (CG Power) by selling its entire stake-holding in the company. Whereas on the other hand CG Power also gained 5%. Yes Bank has sold 6,34,00,000 equity shares having a nominal value of ₹2 each, constituting 10.12% of the share capital of CG Power in various tranches, last being on August 18, 2020, the private sector lender said in a regulatory filing. SEE ALSO:<a href="https://www.businessinsider.in/business/startups/news/swiggy-ran-a-massive-thank-you-campaign-for-its-delivery-heroes-two-months-later-those-heroes-are-protesting-against-reduced-cuts-and-slashed-incentives/articleshow/77647502.cms" data-type="tilCustomLink"> Swiggy ran a massive ‘thank you’ campaign for its delivery heroes – two months later, those heroes are protesting against reduced pay and slashed incentives</a> <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-today-sbi-dlf-pnb-housing-yes-bank-ruchi-soya-titan-company-and-more/articleshow/77646162.cms" data-type="tilCustomLink">Top stocks to watch today— SBI, DLF, PNB Housing, Yes Bank, Ruchi Soya, Titan Company and more</a>

Top stock movers on Dalal Street today —Ruchi Soya, Muthoot Finance, IRCTC, HAL, Tata Power, Yes Bank and more

New Delhi, <keyword id="3658" type="General" weightage="20" keywordseo="India" source="Orion">India</keyword> on Thursday accorded an initial approval to defence acquisition projects worth Rs 2.23 lakh crore that included procurement of 97 <keyword id="6376012" type="General" weightage="20" keywordseo="Tejas" source="Orion">Tejas</keyword> light combat aircraft and 156 Prachand combat helicopters, in a major move to significantly enhance the combat capabilities of the armed forces. The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, cleared the projects, at a time India is locked in a bitter military standoff with China at a number of friction points in eastern Ladakh for over three years. The defence ministry said 98 per cent of the total procurement worth Rs 2.23 lakh crore will be sourced from the domestic industries and that the move will give a substantial boost to the Indian defence industry in achieving the goal of 'Aatmanirbharta' (self-reliance) in defence industry. The DAC also approved a proposal of the Indian Air Force to upgrade its Su-30 fighter fleet by state-run aerospace major Hindustan Aeronautics Ltd (<keyword id="68124" type="General" weightage="20" keywordseo="HAL" source="Orion">HAL</keyword>). The DAC further accorded Acceptance of Necessity (AoN) or initial approval for procurement of two types of anti-tank munitions namely area denial munition (ADM) type-2 and type-3. The top body on procurement of military hardware also cleared acquisition and integration of automatic target tracker (ATT) and digital basaltic computer (DBC) for T-90 tanks besides approving another proposal to buy medium range anti-ship missiles (MRAShM) for the Indian Navy. The MRAShM is a lightweight surface-to-surface missile which will be a primary offensive weapon onboard various Indian naval ships. "The DAC accorded AoNs for procurement of Light Combat Helicopter for Indian Air Force and Indian Army and Light Combat Aircraft (LCA) Mk-1A for IAF from Hindustan Aeronautics Limited (HAL) under Buy (Indian-IDDM) category," the ministry said. Though it did not mention the specific numbers, official sources said 97 Tejas Light Combat Aircraft (Mark 1A) are being procured for the IAF and 156 Light Combat Helicopters (LCH) are being procured for the Army and the Air Force. In February 2021, the defence ministry sealed a Rs 48,000 crore deal with the Hindustan Aeronautics Ltd for procurement of 83 Tejas MK-1A jets for the IAF. With the additional fleet, the number of indigenously-developed Tejas aircraft being procured by the IAF would go up to 180. "The AoNs have also been accorded by the DAC for upgradation of Su-30 MKI aircraft indigenously from HAL. "While procurement of these equipment will provide enormous strength to the IAF, acquisition from domestic defence industries will take the indigenous capability to a new height," the ministry said in a statement. "It will also reduce dependability on foreign Original Equipment Manufacturers (OEMs) substantially," it added.

India approves defence acquisition projects worth Rs 2.23 lakh cr

<ul><li>The 30-share BSE index was trading 0.48% higher, while the Nifty50 was up 62 points at 9:50 am.</li><li>These were the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing 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 index Sensex jumped nearly 200 points in early trade on Friday tracking gains in index majors TCS, Reliance Industries and Sun Pharma amid positive cues from Asian peers. The 30-share BSE index was trading 0.48% higher, while the Nifty50 was up 62 points at 9:50 am. These were the top losers and gainers in the Nifty pack: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Dr Reddy </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HUL </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Cipla </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Fin Services </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sun Pharma </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HDFC Life </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Ports </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kotak Bank </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher Motors </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Auto </td></tr></tbody></table>*as of September 18, 10:30 am These are the top stocks that are buzzing in trade today. RITES gain 2% ahead of the board meeting The shares of infrastructure company RITES Ltd were trading 2% higher during the early trading hours on September 18. The board of the company is slated to meet today to consider the buyback proposal of the fully paid-up equity shares of the company. Sterling and Wilson Solar opened 5% higher The shares of Sterling and Wilson Solar opened 5% higher after the company secured a 106.71 MW solar project in Chile worth $62.6 million (about ₹462 crore). “The order has been received from a global independent power producer (IPP), work for which is expected to begin in Q4 FY 2021," the company said in a statement. TCS trading 1% higher The shares of Tata Consultancy Services gained 1% after the firm announced that it has partnered with Phoenix Group, the UK's largest long-term savings and retirement business. The company plans to launch an enhanced client analytics tool for workplace pension clients of its subsidiary Standard Life Assurance Limited. Vodafone Idea gains 4% The shares of telecom giant Vodafone Idea were trading 4% higher after <a href="https://www.cnbctv18.com/telecom/vodafone-idea-drops-faster-speed-claim-in-priority-offering-informs-trai-about-revised-plan-6939661.htm">media reports</a> surfaced that it dropped the faster data speed claims as part of priority offering and is in the process of filing a revised plan. Hindalco jumps 2% The share price of Hindalco gained over 2% after the company signed an MoU with Hindustan Copper for the long-term purchase and sale of copper concentrate produced by Hindustan Copper. Under this MoU, around 60% copper content of Hindustan Copper's current concentrate production will be utilised by Hindalco in the manufacture of refined copper. Defence stocks gain ground The shares of Bharat Forge, Larsen &amp; Toubro, and Hindustan Aeronautics Limited gained nearly about a percent after<a href="https://www.businessinsider.in/defense/news/foreign-investors-can-now-pump-in-up-to-74-fdi-under-automatic-route-indias-defence-sector/articleshow/78179850.cms"> India permitted foreign direct investment</a> (FDI) of up to 74% under automatic route in the defence sector. SEE ALSO:<a href="https://www.businessinsider.in/retail/news/ikeas-push-to-reach-100-million-customers-in-india-will-see-the-swedish-retail-giant-bet-on-online-and-smaller-stores/articleshow/78179851.cms" data-type="tilCustomLink"> IKEA’s push to reach 100 million customers in India will see the Swedish retail giant bet on online and smaller stores</a> <a href="https://www.businessinsider.in/science/news/forget-vitamins-fauci-says-the-3-best-things-to-keep-your-immune-system-working-optimally-cost-nothing/articleshow/78178136.cms" data-type="tilCustomLink">Forget vitamins: Fauci says the 3 best things 'to keep your immune system working optimally' cost nothing</a>

Top stock movers — TCS, Vodafone Idea, Adani Ports, Larsen & Toubro, Sterling and Wilson Solar and more

Lucknow, Feb 6 () HAL on Thursday received the modification document from the Director General of Civil Aviation for its Dornier-228 civil aircraft after reducing its gross weight below 5,700 kg.The document was handed over to the state-owned Hindustan Aeronautics Ltd by Joint DG of the DGCA, G Rajshekhar, during the ongoing DefExpo-2020 in Lucknow.Two civil Do-228 aircraft were produced by the aeronautical agency for launch under the regional connectivity scheme UDAN. But to meet the prospective operator's requirement of a transport aircraft flyable under Commercial Pilot Licence, their maximum takeoff weight (MTOW) had to be reduced from 6,200kg. HAL undertook efforts to reduce the weight below 5,700 kg, the agency said in a statement.Apart from that, HAL Do-228-201 (Upgraded) civil aircraft will also be equipped with a digital cockpit to ensure more accurate readings, precise information and ergonomic data displays with feedback loops and capability for self-check to alert pilot in emergencies, according to the statement.The glass cockpit architecture-enabled aircraft will be the most sought-after "new age aviation technology", it added.Also, the incorporation of civil-certified turboprop minus 10 engine ensures more reliable torque sensing system, higher component life, lighter in weight and higher time between overhaul as compared to previous minus 5 engine.The integration of the five blade propeller to the aircraft will significantly reduce the noise levels, aid faster engine start, less lubrication and better damping characteristics, HAL said.The five-day DefExpo, that began on Wednesday, is being attended by 38 defence ministers and top executives of 172 foreign defence majors and 856 Indian companies.The main theme of the biennial exhibition of military platforms and weapons is 'India: The Emerging Defence Manufacturing Hub' and the focus is on 'Digital Transformation of Defence'. ABN SMI ABHABH

HAL gets modification document from DGCA for upgraded Dornier-228 civil aircraft

<ul><li>At 7:45 am, the SGX Nifty was up 1.04% at 8.72 points pointing towards a higher start for the 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>Amid positive cues from the global peers, Indian stock-market indices are likely to open in green on Friday. At 7:45 am, the SGX Nifty was trading 1.04% higher at 8.72 points, pointing towards a higher start for the Nifty50. The Dow Jones Industrial Average rose 0.57% to close at 28,492.27 points, as investors parsed through the US Federal Reserve’s new policy strategy on inflation and a slew of key economic data. These are the stocks to watch out for during the trading session on Friday: Sun Pharma Sun Pharmaceutical Chairman Israel Makov said the company is conducting clinical trials to test the effectiveness of many existing medicines in treating symptoms of COVID-19. The shares of Sun Pharma ended over 2% higher on Thursday. HDFC Bank, IndusInd Bank and Kotak Mahindra Bank Global index provider FTSE Russell removed three lenders from its indices— HDFC Bank, IndusInd Bank and Kotak Mahindra Bank. The firm said the banks failed to meet minimum foreign headroom requirements. The shares of HDFC Bank and Kotak Mahindra Bank ended nearly a percent lower on Thursday, whereas IndusInd Bank was up 7%. HCL Technologies HCL Technologies has set up its first European Cybersecurity Fusion Center in Sweden. HCL Technologies’ Cybersecurity Fusion Center (CSFC) is a state-of-the-art security operation and response facility, integrating multi-domain security teams, processes and cutting-edge analytics - enabling organisations to detect threats faster and resolve incidents efficiently, the company said in a statement. The shares of HCL Tech ended nearly 0.13% lower on Thursday. NMDC The state-owned NMDC reported over 54% fall in its net profit to ₹531.35 crore in the first quarter ended June 30, mainly on account of lower income due to COVID-19. The shares of NMDC ended nearly 1% higher on Thursday. Hindustan Aeronautics Limited (HAL) The offer for sale (OFS) of Hindustan Aeronautics Ltd (HAL) was oversubscribed 1.6 times by non-retail investors. The government has decided to exercise the “green shoe” option. The “green shoe” refers to the option of over-allotment of shares. The shares of HAL ended nearly 14% lower on Thursday. Defence stocks in focus Other defence stocks like Bharat Forge, BHEL and Bharat Electronics will also be in focus today. Prime Minister Narendra Modi stressed on the need for Atma Nirbhar Bharat in the defence sector. Some of the highlights from commentary include - opening up the foreign direct investment till 74% through automatic route, and expanding the list for defence imports. IDFC Bank IDFC Bank reported a consolidated net loss of ₹26.46 crore for the quarter ended June 30. The consolidated total income fell to ₹103.99 crore during the period, as against ₹133.04 crore in the same quarter last year. The shares of IDFC ended nearly 2% lower on Thursday. Allcargo Logistics The board of directors of Allcargo Logistics considered voluntary delisting of shares proposal in a meeting yesterday. The company has appointed Inga Ventures as a merchant banker. The company in a stock-exchange filing said the board would meet again to discuss the delisting proposal in detail, after receipt of the due diligence report from the Merchant Banker. The shares of Allcargo Logistics ended nearly 4% lower on Thursday. GMR Infra GMR Infrastructure has decided to restructure its business. In a 'scheme of arrangement' involving vertical split demerger of the non-airport business — these include energy, urban infrastructure and EPC services - will be split into GPUIL. The airport business will be listed separately. The shares of GMR Infra ended 0.19% higher on Thursday.

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