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HMT shares soar nearly 15% on revival plan

HMT shares soar nearly 15% on revival plan

Shares of HMT zoomed nearly 15 percent today after reports said that the government was targeting 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".

HMT shares zoom over 19% on pact with German firm

Shares of engineering firm HMT on Wednesday soared over 19 percent after the company signed a pact with German firm Fraunhofer for technology upgradation.


HMT post Rs 25.22 crore losses in Q1

In a filing to the Bombay Stock Exchange, the company said its total income from operations also declined to Rs.10.53 crore in the quarter as compared to Rs.13.03 crore in the same period last fiscal, a fall of 19.18 percent.

'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.

Sebi finds 22 PSUs violating norms; SBI files for settlement

Others include SAIL, ITDC, HMT, Shipping Corporation, NTPC, NHPC, STC, Nalco, EIL, REC and Neyveli Lignite.

HMT submits voluntary retirement/separation scheme to govt

State-run watch and tractor maker HMT, which has been incurring losses since last 15 years, has submitted a voluntary retirement/voluntary separation scheme to downsize its manpower to the government.

Good times over for HMT Watches, production comes to an end

The government has decided to wind up the watch company as it is reeling under losses since 2000.

SAIL, BHEL, HMT identified to takeover three sick PSUs

Government has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT.

Employees of 10 sick PSUs to get six months’ salary till March

The revival/closure plans of Hindustan Cables Limited, Triveni Structurals, HMT (Watches), HMT (Chinar Watches) and Hindustan Photo Films Limited are yet to be finalised, it said.

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.

HMT shares surge 15% on revival package

Shares of HMT on Monday soared by nearly 15 percent on the bourses after the Board for Reconstruction of Public Sector Enterprises (BRPSE) recommended a Rs 950 crore revival package for the company.

Revival plan for ailing HMT

The government on Thursday said a revival plan has been formulated for the ailing Hindustan Machine Tools (HMT).