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HAL mulls stock market launch

机译:HAL考虑股市上市

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India's state-owned Hindustan Aeronautics Limited (HAL) is considering an internal proposal to launch an initial public offering (IPO) in a bid to enhance performance as it enters an era of accelerated modernisation, HAL Finance Director D Shivamurti announced in Bangalore on 10 February. Shivamurti, who was speaking at the Aero India 2011 airshow, said the company was planning to invest INR200 billion (USD4.37 billion) over the next decade in upgrading research and development (R&D) as well as production facilities, with funding largely being sourced from its own cash reserves. He added that the company had already set aside INR90 billion for the modernisation plan and was prepared to add at least INR15 billion every year for the effort.
机译:HAL财务总监D Shivamurti于2月10日在班加罗尔宣布,印度国有的印度斯坦航空有限公司(HAL)正在考虑一项内部提案,以启动首次公开募股(IPO),以提高其在步入加速现代化时代的绩效。 。 Shivamurti在2011年印度航空展上发言时说,该公司计划在未来十年内投资2,000亿印度卢比(43.7亿美元),用于升级研发和生产设施,资金主要来自于此。从自己的现金储备中。他补充说,该公司已经为现代化计划预留了900亿印度卢比,并准备每年至少增加150亿印度卢比用于这项工作。

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