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HMT LAND BANK
HMT revival plan likely to focus on self-reliance in new-age manufacturing for ISROHindustan Machine Tools is set for a revival. The plan prioritizes self-reliance in advanced manufacturing. It will focus on producing capi...
HMT land bank may be monetised as AI clustersIndia is preparing a plan to use land owned by HMT Ltd for artificial intelligence clusters. HMT has a large land bank across several state...
Govt striving to complete privatisation of CPSEs listed out in Budget: DIPAM SecySpeaking at a Ficci event, DIPAM Secretary Tuhin Kanta Pandey said BEML, Shipping Corp of India, Neelachal Ispat Nigam, BPCL and Air India ...
Niti Aayog's oversight panel in the works to fast-track closure of sick CPSEsThese measures are part of the revised guidelines on closure of sick and loss-making CPSEs, said a senior official, who did not wish to be ...
Over 160 stocks hit fresh 52-week lows on NSEThe NSE Nifty50 settled 41 points, or 0.40 per cent, down at 10,115, with 36 stocks declining.
Government may use land of sick PSEs for affordable housingLand available with six loss-making central public sector enterprises has been identified to give momentum to PM Narendra Modi's initiative...
2,000 acres of PSUs’ land bank may go to low-cost housingThe government will examine the feasibility of low-cost housing projects before opening the auction to private firms.
NBCC starts country’s biggest land monetisation driveSome of the loss-making firms such as HMT, NTC, Hindustan Photofilms and ITI hold more than 100 acres of prime land in metro cities, an off...
Government plans to utilise landbanks of public sector enterprisesThis comes after the government successfully nudged five state-run firms, including blue chips such as Coal India, NMDC, MOIL and Nalco, to...
Government plans to wind up some sick PSUs: Anant GeeteThe govt is looking to wind up some sick public sector enterprises, minister of heavy industries and public enterprises Anant Geete said on...
Govt looks to shut Tyre Corporation, HMT armTyre Corporation of India (TCIL) is among the public sector units that had earlier been cleared for revival through the joint venture or di...
ISRO, DRDO and 34 others illegally possess reserved forest land in BengaluruIt has also issued eviction notices to a private builder.The matter is pending appeal with the state government, as the builder has challen...
Five CPSEs may be shut in three monthsEmployees of the five cos will be offered VRS based on pay scale of 2007 plus additional benefits.
Department of Public Enterprises to seek Cabinet nod for clearance of VRS funds: Anant Geete"Now, we have to send individual proposals relating to VRS of each company to the Cabinet for funds. That should be cleared within three mo...
Government mulls sale of unused land of pharma PSUsGovernment is looking at raising a record Rs 69,500 crore from disinvestment of its shareholding in state-owned firms and the sale of their...
Budget 2015: States owning PSU land may get selloff shareThe government has already identified about 18 such non-viable firms where it can possibly shed its stake, the official said on the conditi...
- Government plans to sell land bank of sick PSUs
With the govt's plan of selling stake in sick PSUs going awry, it is now considering unlocking the land bank of these cos to generate reven...
- Complete selloff of Scooters India, HMT Bearings on cards
The heavy industries ministry has cleared outright sale of sick state-run companies Scooters India and HMT Bearings.
- HMT is a perennial loser: Satish Betadpur
Satish Betadpur, CFA, Global Research Director, Independent International Investment Research PLC in an interview with ET Now talks about H...
- New Divestment Policy: Centre to lease 6 PSUs to private Cos for 99 years
The companies that may be offered on lease are HMT, Triveni Structurals & NEPA. 'Bubbles to continue inflating for a long time' | India's s...