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HMT shares soar 20% on revival plan of subsidiary

HMT shares soar 20% on revival plan of subsidiary

 Shares of HMT rose sharply by 20 percent today as the government is eyeing revival of HMT Machine Tools.

Closure of 3 HMT companies: Key things you should know

Closure of 3 HMT companies: Key things you should know

The government had decided to close the loss-making subsidiaries in December 2014 and later merge the remaining - HMT Machine Tools and HMT International - for `Make in India` programme.

Time draws to end for three HMT companies, veterans bemoan closure

Time draws to end for three HMT companies, veterans bemoan closure

The government on Wednesday approved closure of three Hindustan Machine Tools (HMT) companies - HMT Watches, HMT Chinar Watches and HMT Bearings, ending the era of the once "Timekeeper of the Nation".

'VRS proposal in 3 HMT Cos awaiting CCEA approval'

There are 17 HMT units in India and all the units are in operation and none of them are closed.

DNA: Obama unveils strategy against ISIS on eve of 9/11

US President Barack Obama unveiled his administration’s strategy for military action against the Islamic State (ISIS) on the eve of the 13th anniversary of the 9/11 attacks.

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Eight sick PSUs not paid wages to staff since Oct 2012: Patel

Eight sick Public Sector Units (PSUs), including HMT Watches and Hindustan Cables Ltd, have not paid salaries to their employees since October 2012, Parliament was informed today.

Govt approves Rs 1,083 cr revival plan for HMT

The government Thursday approved the Rs 1,083-crore revival package for watch and tractor maker HMT that aims to modernise the company and help it turn around in five years.