Hmt Watches

How news of HMT’s closure drove up sales and expanded its fan base

In an age when retro is often chic, nostalgia is equally good business. Over the past week or so, the spotlight has been on HMT—a renowned company that made far more than watches—even tractors, but was best known for watches.

Centre clears Rs 116 cr for payment of wages at 11 sick PSUs

The PSUs which would get the funds are Hindustan Cables, HMT Machine Tools, HMT (Watches), HMT (Chinar Watches), Nagaland Pulp & Paper, Triveni Structurals among others.

Going the HMT watches way: Govt shortlists 10 worst performing PSUs, set to axe some

HIndustan Photo Films is reportedly one of the public sector companies set to face the axe as the government lists its worst performing companies.

Time runs out for 'timekeepers of the nation' HMT Watches, to be shut soon

The watchmaker was set up to compete against the Swiss watch industry and at one point was the dominant watch manufacturer in the country.