Hindustan Aeronautics Limited (HAL), the manufacturing company of Defence Aircrafts is going to be disinvested. HAL is a fully owned government company and it was expected that this strategic PSU will not be disinvested. No, the Government is on a mad run for privatisation and it is also going to be disinvested. I hope that there will be resistance from the unions in HAL.
Union Minister of State for Defence, Mr M M Pallam Raju, has stated that HAL will be disinvested shortly. It is stated that the Book Running Lead Managers and the Legal Advisors have been selected for the divestment process. The exact timing of the IPO would be decided by the Ministry of Defence/ Department of Disinvestment as per the report.
VAN Namboodiri's Blog 
This second UPA Government lead by Dr.Manmohansing will sell everything including the post of PM before his tenure ends. Even after the 28th Feb’s historic strike the Government has not learnt a leassion. Only the results of the Assembly polls will teach them a lession