Why in news? The Hindustan Aeronautics Limited (HAL) and the Indian Institute of Corporate Affairs (IICA) have signed a memorandum of understanding to offer better training in leadership and governance to officers.

Highlights:

• The collaboration will be both academic and research oriented, specifically in curating training programmes for HAL officers in areas of governance, leadership, finance and strategy.
• The two organisations will work together to design training programmes for officers of HAL as well as other organisations, and as a collaborative effort towards research and consultancy. The MoU will provide sustained collaboration between the two reputed institutions in the spirit of industry-academia interface