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HMT BEARINGS LTD
VRS for two HMT units at Pinjore on anvil: GovernmentGovernment today said it will come out with a Voluntary Retirement Scheme (VRS) for the employees of two HMT units at Pinjore, Haryana.- Government looks to revive HMT Machine Tools, Heavy Engg CorporationGovernment is eyeing revival of loss-making Ranchi-based public sector firm Heavy Engineering Corporation (HEC) and HMT Machine Tools Ltd, ...
- Government eyeing Rs 22,000 crore by closing five sick CPSEs: Anant Geete"There were a few companies which were not running properly, we have taken decision to close five such companies," Geete said.
- VRS proposal in 3 HMT companies awaiting CCEA approval: GM SiddeshwaraA voluntary retirement scheme proposal for employees of HMT Watches, HMT Chinar Watches and HMT Bearings has been prepared for approval of ...
- 11 sick PSUs gets Rs 116 crore for payment of wages, other duesThe government provided Rs 116.86 crore to eleven sick public sector units (PSUs) towards payment of wages and other dues.
- Employees of 10 sick PSUs to get six months salary till MarchEmployees of 10 ailing central public sector enterprises (CPSEs), including Hindustan Cables and HMT Ltd, will get outstanding salaries and...
- Govt approves Rs 122 cr for clearing dues of 9 CPSEsThe govt today approved a non-plan budgetary support of Rs 122.65 crore for clearing of statutory dues including salary and wages of nine s...
- HMT group of firms not in position to pay revised wages: Praful PatelThe HMT group of companies had raised issues related to pay scales/wages and increase in age of superannuation from 58 to 60 years.
- Nine sick PSUs have not paid salaries on time: Praful PatelGovt today said nine sick PSUs including Scooters India Ltd, HMT Bearings and Hindustan Cables Ltd have not paid salaries to their employee...
- Government plans to revive five PSUs through fund induction of Rs 4575 croreHMT Ltd, HMT Bearings, HMT Watches, NEPA, Nagaland Pulp and Paper will be revived through induction of funds by the govt.
- Par approval being sought for disinvestment of HMT BearingsThe govt said it has initiated the process for obtaining Parliament's approval for disinvesting majority stake, through a strategic partner...
- Government mulls sale of HMT Bearings, TCILThe Department of Heavy Industry has prepared a proposal for a complete sell-out of HMT Bearings and TCIL as they are beyond redemption.
- Govt mulls outright sale for HMT Bearings, TCILAfter taking a decision on outright sale of ailing SIL, the government proposes to follow a similar model for disinvestment of HMT.
- Scooters India rally on disinvestment reportsThe heavy industries ministry has cleared outright sale of sick state-run companies Scooters India and HMT Bearings in a clear departure fr...
- Complete selloff of Scooters India, HMT Bearings on cardsThe heavy industries ministry has cleared outright sale of sick state-run companies Scooters India and HMT Bearings.
- Govt plans to sell 74% stake in HMT BearingsThe government is considering to offload up to 74% stake in HMT Bearings (HBL) and is also looking for joint venture partners in some other...
- Govt considers up to 74 pc disinvestment in HMT Bearings LtdThe government is planning to offload stake in HMT Bearings Ltd (HBL) and is scouting for joint venture partners in some other state-owned ...
- HMT Bearings on divestment trackAfter initiating divestment of the government stake in Andrew Yule and Cement Corporation of India (CCI), the ministry of heavy industries ...
- Govt working on HMT's revival plansThe government on Thursday said plans to revive the HMT group of companies are at various stages of consideration and implementation.
- HMT recast may cost Rs 1,200 crRevival of the Hindustan Machine Tools group is turning out to be an uphill task for the Central government, as latest estimates indicate t...
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