Time draws to end for three HMT companies, veterans bemoan closure
The government on Wednesday approved closure of three Hindustan Machine Tools (HMT) companies - HMT Watches, HMT Chinar Watches and HMT Bearings, ending the era of the once "Timekeeper of the Nation".
Jan 06, 2016, 22:19 PM IST
Time ticking away for thousands of HMT workers; Pinjore unit to be to shut down
The proposal comes amidst crisis relating to workers payment issues and the changing industrial scenario which has made the company outdated.
Dec 29, 2015, 11:56 AM IST
HMT submits voluntary retirement/separation scheme to govt
State-run watch and tractor maker HMT, which has been incurring losses since last 15 years, has submitted a voluntary retirement/voluntary separation scheme to downsize its manpower to the government.
Sep 23, 2014, 21:26 PM IST
Good times over for HMT Watches, production comes to an end
The government has decided to wind up the watch company as it is reeling under losses since 2000.
Sep 11, 2014, 10:55 AM IST
