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    <title>HAL Pays RS.699.50 Crore interim Dividend</title>
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    <description>Interim dividend payment by Hindustan Aeronautics Limited (HAL) to the Government comprised a second interim cheque and, with an earlier payment, total interim distributions for 2011-12 amounted to a substantial aggregate and a significant percentage of paid-up capital, excluding dividend tax. The distribution reflects HAL&#039;s strong financial performance for 2011-12 and coexists with notable R&amp;D and modernization expenditures and ongoing defence design and production programmes.</description>
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