The company blames fund crunch, falling demand, accumulating liabilities.
Hindustan Motors Ltd decided to sell its holding of 18,00,000 shares in Hindustan Powerplus Ltd, a joint venture with Caterpillar Commercial SA, Belgium, to Caterpillar at Rs 32 a share.
Hindustan Motors Ltd is planning to launch a new-age hatch-back version of the iconic Ambassador car.
Hindustan Powerplus Ltd decided to terminate the joint venture pact between Caterpillar Commercial SA, Belgium and Hindustan Motors Ltd.
A CII delegation, led by Confederation of Indian Industry president and Bharti Enterprises CEO Sunil Bharti Mittal, called on US Democratic presidential candidate Senator Hillary Rodham Clinton at the Capitol Hill in Washington, DC on Wednesday.
Hindustan Motor's Uttarpara unit in West Bengal which was shut since April 11 due to labour unrest, reopened on Thursday following an agreement between company management and trade unions.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The scrip of private airlines, Jet Airways, has been included in the BSE-200 index while that of Polaris Software has been excluded from the IT and Tech index with effect from June 6.
The bank got the share in lieu of repayment of loan.
While the Trinamool government, led by Chief Minister Mamata Banerjee, tried its best to attract investors, including from Singapore, not much headway could be made.
The Ambassador was a durable enough brand to outlive the licence raj.
West Bengal was the second-most industrialised state in terms of value added and first in terms of number of factories and employment even in the mid-1960s. With a severe and long process of deindustrialisation, it lost its primacy.
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