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HMT WATCHES SALE
HMT watches clock ₹35 lakh sale in one day: How Jawaharlal Nehru's 1953 PSU became India's 'Timekeepers to the Nation' before TitanHMT watches clocked ₹35 lakh in sales in a single day in Bengaluru on Independence Day, highlighting the enduring popularity of a brand tha...- Smaller cities take a big shine to diamonds grown in labsThe trend mirrors a significant shift in the US, the world's largest diamond consumer market, where lab-grown stones have moved from being ...
- HMT Watches clocks Rs 35 lakh in single-day Independence Day sales in BengaluruGovernment-owned HMT Watches recorded sales exceeding Rs 35 lakh on Independence Day as thousands of customers queued in Bengaluru for limi...
- Kumaraswamy discusses way forward for HMT in annual performance review meetUnion Minister H D Kumaraswamy reviewed HMT's performance. The meeting addressed strengthening HMT's legacy watch brand. Discussions includ...
- Kumaraswamy chairs meet on future road-map, strengthening operations of HMT WatchesUnion Minister H D Kumaraswamy reviewed HMT Watches' performance and future plans, emphasizing operational improvements to maintain the Ind...
- Collector's corner: Bengaluru-based cosmetic dentist owns some rare timepiecesThe treasure includes a granite watch and a solid gold timepiece from the Wodeyar family.
- 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.
- By 2010, HMT will be a Rs 5,000-crore company: S Girish Kumar, HMT"We will shut down three loss-making subsidiaries, consolidate the rest and right size workforce from 4,500 to 1,000-1,200."
- HMT soars 14% on subsidiary revival planShares of HMT surged nearly 14 per cent amid reports that the government was looking to revive two of firm's loss-making subsidiaries, Heav...
- 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...
- 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.
- 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 ...
- CCEA approves 3.56% stake sale in Neyveli CorporationThe stake sale was done to meet the minimum public holding norm of market regulator Sebi.
- HMT's Bangalore watch factory in Rs 3000-crore land scam: CorporatorThe once-sprawling campus of HMT watch factory, off Outer Ring Road, near Jalahalli, is now in the middle of a Rs 3,000-crore scam.
- HMT plans expansion; eyes Rs 3,000 crore sales in 5 yearsState-owned HMT Ltd has plans to invest Rs 200 crore for expanding tractors capacity, engine production and roll out premium watches as par...
- Defence ministry may revive ITI which has plants in Congress bastionsGovt is likely to revive the ailing state-run telecommunications equipment maker ITI because some of its plants are located in Congress bas...
- 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.
- HMT to enter strategic sectorsHMT Ltd on Friday said it is planning to foray into strategic sectors of railways, defence and aerospace and is negotiating with foreign fi...
- 'Evolve PSU assets disposal policy'A Parliamentary committee has asked the government to formulate a common policy for disposal of surplus assets of central public sector ent...
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