4 April 2014 Current Affairs
HAL Received The Most Efficient Navratna Award 2013
Hindustan Aeronautics Ltd (HAL) received the Most Efficient Navratna Award for the year 2013. It received the award at the 5th Dalal Street Investment Journal Awards ceremony held in New Delhi. The award was collected by the Chairman of HAL, Dr. R K Tyagi.The awards were presented to the various PSUs in different categories in recognition of their performance and contribution to the Indian economy.The award was given to the company for the measure it has taken on various fronts such as R&D, modernization, customer initiatives, quality and thrust given on indigenization.
Europe Launches Environment Satellite
Europe has launched the first in a constellation of hi-tech satellites designed to monitor Earth for climate change and environmental damage and help in disaster relief operations. Sentinel-1A, a satellite designed to scan the Earth with cloud-penetrating radar, had lifted off at 2102 GMT aboard a Soyuz rocket from Kourou, French Guiana . The 2.2-tonne satellite is the first of half-a-dozen orbital monitors that will be built and launched under the $5.19-billion Copernicus project, a joint undertaking of ESA and the European Union (EU).