HMT Current Affairs, GK & News

M Bhakthavatsala well-known Kannada film person passes away

M Bhakthavatsala (84), the well-known Kannada film producer, distributor and exhibitor, has passed away in Bengaluru, Karnataka on August 6, 2018. He was an officer in Hindustan Machine Tools (HMT) and later turned to films through distribution and managing theatres. He was known for producing critically acclaimed movies like ‘Sandhyaraga’ and ‘Kanneshwara Rama’. Bhakthavatsala served ..

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Rs. 4,575-crore investment to perk up 5 PSUs

In order to revitalize five Public Sector Units (PSUs), a total investment of Rs.4,575 crore are under consideration of the government. This will also revive Lucknow-based Scooters India without inducting any strategic partner. Govt funds will be inducted into Companies like HMT, HMT Bearings, HMT Watches, newsprint maker NEPA and Nagaland Pulp and Paper for ..

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Government taking measures to breathe life into loss making CPSEs

The government is taking several measures to revive loss making Central Public Sector Enterprises (CPSEs). The Department of Heavy Industries, DHI has 17 CPSEs now, which are running in loss. Government is appointing renowned consultants through competitive bidding for formulation of appropriate revival plan and strategy so as to strengthen them to minimize their losses ..

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