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

Last Updated: Thursday, May 02, 2013, 23:27

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

Last Updated: Thursday, April 18, 2013, 21:34

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.