The government is planning to offload stake in HMT Bearings Ltd (HBL) and is scouting for joint venture partners in some other state-owned firms in a bid to revive sick units. "Divestment up to 74......
The Department of Heavy Industry has been undertaking appraisals of each loss making CPSE to assess the prospects of revival. The government on Wednesday decided to close three unviable units......
The government has approved revival of seven sick central PSUs, including HMT Machine Tools and Tyre Corporation, through disinvestment or joint venture route. The other sick CPSEs which will be......