HFCL Strategic Restructuring: A ₹264 Crore Pivot Toward Defence Sector Dominance
New Delhi-based telecommunications and technology firm HFCL Ltd announced a comprehensive restructuring of its defence business this week, committing ₹264 crore through a strategic mix of capital investments, business transfers, and targeted acquisitions. The move, disclosed following a board approval, aims to consolidate the company’s defence-related assets into a dedicated subsidiary, positioning the firm to…