Bengaluru, June 4 -- Hindustan Aeronautics Ltd (HAL) on Wednesday refuted reports that claimed negotiations between HAL and General Electric (GE) for the local production of GE414 engines have stalled.

HAL, in a statement, made it clear that the report was factually incorrect and misleading.

"An online article has inaccurately reported that negotiations between HAL and General Electric (GE) for the local production of GE414 engines have stalled, suggesting that HAL is now in talks with another engine manufacturer," the HAL statement read.

"HAL would like to clarify that this report is factually incorrect and misleading."

HAL reiterates that negotiations with GE are on track and progressing well, and that HAL is not in talks with any o...