https://www.taxtmi.com/news?id=28002 The Government conferred Maharatna status on Hindustan Aeronautics Limited after committee recommendations and ministerial approval, based on prior Navratna status, stock exchange listing, qualifying averages for turnover, net worth and net profit, and global presence. The designation grants HAL expanded delegation over capital expenditure and strategic investments, permitting significant investment decisions without prior central approval to expedite projects, enhance operational efficiency, and support indigenisation and international commercial engagement. en-us Mon, 14 Oct 2024 17:06:59 +0530 Mon, 14 Oct 2024 17:06:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28002 The Government conferred Maharatna status on Hindustan Aeronautics Limited after committee recommendations and ministerial approval, based on prior Navratna status, stock exchange listing, qualifying averages for turnover, net worth and net profit, and global presence. The designation grants HAL expanded delegation over capital expenditure and strategic investments, permitting significant investment decisions without prior central approval to expedite projects, enhance operational efficiency, and support indigenisation and international commercial engagement. News - Mon, 14 Oct 2024 17:06:59 +0530 https://www.taxtmi.com/news?id=28002