Government asks HMT Watches to raise own funds for paying salariesAs many as eight central public sector enterprises under the Department of Heavy Industries are under closure.
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.
A timeless collection: HMT watches to adorn a museumThe government-owned watchmaker is planning a grand museum in Bengaluru to keep its legacy alive.
Government decides to shut seven more terminally ill PSUsThe government has approved closure of seven terminally ill public sector units, including HMT Watches, that have incurred a total loss of ...
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 ...
HMT surges on hopes government may delay shut-downAccording to reports, after the government announced closure of the sick state-run company, demand for HMT watches has shot up sharply.
HMT watches may be ticking back to lifeTill the entry of private players with more modern products, HMT was synonymous with watches, passed down from one generation to another.
News of HMT's closure breaks hearts of watch connoisseursHMT's craftsmanship makes the watch a prized possession among horologists in the UK and Germany for its design finesse and superior quality.
HMT time machines return with higher priceCompany officials say that because of the current situation of the PSU, the cost of production has gone up, and so have the prices.
Government set to shut down HMT Watches after 53 yearsSaddled with losses for more than a decade, the government is set to shut down HMT Watches, which was restructured in 1999 to stop the HMT ...
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...
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...
- HMT Watches sets up counter at Dehradun to reach out to people
HMT Watches launched its programme of setting up counters at post offices in Uttarakhand, beginning with GPO in the city.
- Government plans to revive five PSUs through fund induction of Rs 4575 crore
HMT 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 Bearings
The govt said it has initiated the process for obtaining Parliament's approval for disinvesting majority stake, through a strategic partner...
- Govt may form JV with Titan to revive HMT
The government plans to revive HMT Watches, a public sector company that has been facing loses for years together.
- Govt working on HMT's revival plans
The government on Thursday said plans to revive the HMT group of companies are at various stages of consideration and implementation.