{"id":232459,"date":"2019-02-12T04:59:35","date_gmt":"2019-02-12T04:59:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=232459"},"modified":"2019-02-12T05:23:03","modified_gmt":"2019-02-12T05:23:03","slug":"govt-says-hal-made-profits-of-rs-7334-cr-in-3-years-in-wake-of-cash-crunch","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-says-hal-made-profits-of-rs-7334-cr-in-3-years-in-wake-of-cash-crunch\/","title":{"rendered":"Govt says HAL made profits of Rs 7,334 cr in 3 years in wake of cash crunch"},"content":{"rendered":"<p>Hindustan Aeronautical Limited (HAL), the defence PSU, has registered a profit of Rs 7,334 crore since 2015-16 to September 2018, the government said Monday.<\/p>\n<p>In a written response to a question in the Rajya Sabha, Subhash Bhamre, Minister of State in the Defence Ministry, said the HAL posted a profit of Rs 1,998 crore in 2015-16, Rs 2,616 crore in 2016-17, Rs 2,070 in 2017-18 and Rs 650 crore until September 2018.<\/p>\n<p>This assumes significance as the aerospace major had taken an overdraft from a bank for paying its employees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Aeronautical Limited (HAL), the defence PSU, has registered a profit of Rs 7,334 crore since 2015-16 to September 2018, the government said Monday. In a written response to a question in the Rajya Sabha, Subhash Bhamre, Minister of State in the Defence Ministry, said the HAL posted a profit of Rs 1,998 crore in 2015-16, Rs 2,616 crore in 2016-17, Rs 2,070 in 2017-18 and Rs 650 crore until September 2018. This assumes significance as the aerospace major had taken an overdraft from a bank for paying its employees.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-232459","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/232459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=232459"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/232459\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=232459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=232459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=232459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}