The email was fake, but the money was real. Hindustan Aeronautics Limited or HAL lost $63,000 or Rs 55 lakh to cyber fraud. HAL Kanpur's Additional General Manager, Ashok Kumar Singh, filed a ...

Kanpur: In a major cyber fraud case, cyber fraudsters scammed Hindustan Aeronautics Limited (HAL), which manufactures aircraft parts. The perpetrators swindled Rs 55 lakh from HAL during a ...

Defence and aerospace equipment manufacturer Hindustan Aeronautics Limited (HAL) became a victim of cyber fraud after scammers posed as a US-based firm, PS Engineering Inc., looking to sell ...

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“At this point, I have no confidence in HAL, which is not a good situation. I was promised that when I came here in February, 11 Tejas-Mk1As would be ready. And not even one is ready.

The fraud came to light when PS Engineering Inc informed HAL that they had not received any payment. (Representational Image/Reuters) Hindustan Aeronautics Limited (HAL), Kanpur, found itself as ...

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