Government today approved five projects with a grant of Rs 175 crore related to the capital goods space for companies including HMT Machine...

State-run engineering firm HMT today signed an agreement with German firm Fraunhofer for technology upgradation.

A voluntary retirement scheme proposal for employees of HMT Watches, HMT Chinar Watches and HMT Bearings has been prepared for approval of ...

HMT's craftsmanship makes the watch a prized possession among horologists in the UK and Germany for its design finesse and superior quality.

Government may wind up at least six central public sector enterprises including the iconic watchmaker HMT that it believes are not capable ...

The government today approved Rs 287.67 crore for payment of statutory dues and salary among others to employees of eleven loss-making cent...

The first equipment was handed over to Dr Ajit T Kalghatgi, Dierctor (R&D) BEL by HMTMTL MD B M Shivashankar at a function at nearby Kalama...

The decision was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA).

The government provided Rs 116.86 crore to eleven sick public sector units (PSUs) towards payment of wages and other dues.

Public sector HMT is eyeing a turnover of Rs 1,000 crore in the next five years and plans to foray into aerospace and manufacture of weapon...

The govt said it has initiated the process for obtaining Parliament's approval for disinvesting majority stake, through a strategic partner...

The country's machine tools market was worth Rs 8000 crore of which only Rs 1500 crore was Indian contribution and the remaining demand was...

The government plans to revive HMT Watches, a public sector company that has been facing loses for years together.

The government on Thursday said plans to revive the HMT group of companies are at various stages of consideration and implementation.

Revival of the Hindustan Machine Tools group is turning out to be an uphill task for the Central government, as latest estimates indicate t...

A Parliamentary committee has asked the government to formulate a common policy for disposal of surplus assets of central public sector ent...

Heavy Industries Minister Balsaheb Vikhe Patil on Wednesday said the ministry would soon take a decision on the stalled disinvestment of su...