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    HomeNewsBusinessHindustan Aeronautics: Why returning cash to shareholders could be a better strategy

    Hindustan Aeronautics: Why returning cash to shareholders could be a better strategy

    After listing on the exchanges, Hindustan Aeronautics (HAL) has been in the news for all the wrong reasons including the government's withdrawal of nearly Rs 15,000 crore via buyback and dividends. The cash-rich HAL recently raised close to Rs 1,000 crore just to pay salaries to its employees.

    Montek Singh Ahluwalia
    March 12, 2020 / 11:55 IST
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