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HMT CHINAR WATCHES
Modi government decides to shut 3 HMT units, offer VRS to employeesThe decision to shut the units was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.07 Jan, 2016, 03.20 AM IST- Selloffs start in public sector companies making lossesThe government had earlier listed six loss-making companies for sale or closure but wants to have a clear policy to avoid any controversies.25 Dec, 2014, 12.03 PM IST
- 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 ...18 Dec, 2014, 04.56 PM IST
- Government nod for Rs 288 crore payment to staff of 11 ailing CPSEsThe government today approved Rs 287.67 crore for payment of statutory dues and salary among others to employees of eleven loss-making cent...10 Sep, 2014, 08.17 PM IST
- Govt mulling providing non-plan loan to 11 sick CPSEsThe government today said it is considering a proposal to provide non-Plan loan to eleven sick central public sector enterprises (CPSEs).06 Feb, 2014, 10.24 PM IST
- 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.26 Dec, 2013, 02.59 PM IST
- 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...13 Aug, 2013, 10.02 PM IST
- Eight sick PSUs not paid wages to staff since October 2012: Praful PatelEight sick PSUs, including HMT Watches and Hindustan Cables Ltd, have not paid salaries to their employees since October 2012, Parliament w...02 May, 2013, 06.52 PM IST
- 64 CPSEs sick as on March 2012: Praful PatelThere were 64 sick Central Public Sector Enterprises (CPSEs), including Hindustan Cables, HMT Watches and ITI Ltd, as on March 31, 2012.05 Mar, 2013, 04.53 PM IST
- 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.11 Dec, 2012, 06.02 PM IST
- Govt working on plan to revive sick PSUs including Scooters India and HMT Chinar Watches: Praful PatelThe government today said it is working on a plan to revive sick PSUs including Scooters India and HMT Chinar Watches.06 Dec, 2012, 11.43 PM IST
- 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...18 Aug, 2011, 05.01 PM IST
- Govt may form JV with Titan to revive HMTThe government plans to revive HMT Watches, a public sector company that has been facing loses for years together.15 Mar, 2007, 03.27 AM IST
- Rs 900-cr disposed-off on CPSEs: DevThese funds have been provided for payment of wages to almost 27,000 employees of sick public sector enterprises.07 Sep, 2006, 08.20 PM IST
- 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.17 Aug, 2006, 07.20 PM IST
- 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...07 Aug, 2006, 01.21 AM IST
- Decision on HMT sell-off soonHeavy Industries Minister Balsaheb Vikhe Patil on Wednesday said the ministry would soon take a decision on the stalled disinvestment of su...09 Oct, 2002, 07.29 PM IST
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