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HINDUSTAN MACHINE AND TOOLS
ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
HD Kumaraswamy holds meet to revive ailing Hindustan Machine and ToolsPrime Minister Narendra Modi's Atmanirbhar Bharat (self-reliant India) initiative was highlighted as a framework for HMT's revival, the sta...
Kumaraswamy holds meeting to revive ailing HMTHeavy Industries Minister H D Kumaraswamy has directed top officials of Hindustan Machine Tools (HMT) to prepare proposals aimed at revital...
HMT reopens plant to make last batch of watchesElaborating on the development to open the factory, an official from HMT's Haldwani management said, “We had received orders for 5,500 watc...
Hindustan Machine Tools to impart skill training to Army personnelHindustan Machine Tools (HMT) Limited will impart skill development training to Army personnel at its tractor factory at Pinjore in Haryana...
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.
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...
Hindu not a religious concept, its a cultural identity: M Venkaiah Naidu"Hindu is a not a religious concept. Hindu is a cultural identity," the Urban Development and Parliamentary Affairs Minister said at an eve...
SAIL, BHEL, HMT identified to takeover three sick PSUsGovernment has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT, Parliament was informed today.
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).
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.
HMT surges on land sale plan buzzHMT has approved the increase in authorised share capital of the company from Rs 1450 crore to Rs 2100 crore, subject to approval of the go...
- Government proposes a board for growth of automobile sector
The government said it has proposed setting up of NAB under the Department of Heavy Industry for the growth of the automobile sector.
- Four sick PSUs on govt's 'fast track' selloff list
Panel to weigh sale and JVs for Hindustan Cable, Richardson & Cruddas, HMT &Tungabhadra Steel.
- HMT targetting turnover of about Rs 350 crore a year
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...
- Tax rain: Capital goods to get output push
The government may extend excise duty exemptions and tax benefits to the capital goods industry so as to boost production activity in the s...
- HMT recast may cost Rs 1,200 cr
Revival of the Hindustan Machine Tools group is turning out to be an uphill task for the Central government, as latest estimates indicate t...
- Decision on HMT sell-off soon
Heavy Industries Minister Balsaheb Vikhe Patil on Wednesday said the ministry would soon take a decision on the stalled disinvestment of su...