IndiaCatalog.com
Login Signup
IndiaCatalog.com
Home Web Directory Classifieds Yellow Pages Global Directory City Guide News Photo Galleries
Login
Signup
  • Home
  • News
  • Hindustan Motors Limited Related news

Hindustan Motors Limited Related news

Hindustan Motors asked to submit revival package

Hindustan Motors asked to submit revival package

The West Bengal government has asked the Hindustan Motors management to submit a detailed revival package for its closed Uttarpara plant in the next two days.

"The management has been told to submit a revival package by June 19 and also how the company plans to clear the dues of workers," Labour Secretary Amol Roy Chowdhury told reporters after a tripartite meeting called by him. The management side was represented by its CEO Moloy Chowdhury and a senior executive of the company. All the six registered trade unions of the plant were also present at the tripartite.

What next for CK Birla after Hindustan Motors?

What next for CK Birla after Hindustan Motors?

In the early 1990s, the darling at Lyons Range, where the Calcutta Stock Exchange was located, was Hindustan Motors, or just Motor as the brokers called it. In the bourse where 3,400 companies were listed, Motor traded at around Rs 150. Old timers at the exchange recall the buzz surrounding the stock. Today, just a decade and a half since, the stories of both the stock exchange and Hindustan Motors are headed for an ignominious end.

HM to pay part of dues to staff by June 2

HM to pay part of dues to staff by June 2

At a meeting with West Bengal Labour Minister Purnendu Bose, the Hindustan Motors management on Thursday agreed to pay a part of the dues to workers by Monday. However, it didn’t provide an assurance on reopening the Uttarpara plant.

The company said it needed time to restructure the organisation and significantly reduce its liabilities. “The Hindustan Motors management has said due to huge losses incurred by the company, it was forced to shut the plant…However, they have said they have the intention to reopen the plant. We will continue our talks with the management to ensure reopening of the plant,” Bose told Business Standard.

Post a FREE Classified Advertisement

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.

Most Read News

IndiaCatalog News
ICICI Prudential AMC files IPO papers, Prudential Corp to sell 10% stake
IndiaCatalog News
Capgemini to acquire WNS for $3.3 bn to expand GenAI, Agentic AI services
IndiaCatalog News
Sebi to upgrade surveillance against derivatives manipulation: Chairman
IndiaCatalog News
Actor Mahesh Babu served legal notices in ₹34 lakh plot fraud case
IndiaCatalog News
Rupee sees selloff on Trump's Brics tariffs; ends 47 paise lower at 85.86/$

CORPORATE NEWS

Ford India Limited
Ford India Limited
Air India
Air India
Essar Steel
Essar Steel
Wipro Technologies (Wipro Ltd)
Wipro Technologies (Wipro Ltd)
National Highways Authority of India
National Highways Authority of India
LIC Housing Finance Ltd
LIC Housing Finance Ltd
Coal India Ltd
Coal India Ltd
Larsen & Toubro Limited
Larsen & Toubro Limited

PHOTO GALLERY

Tamasha
Tamasha
Aprilia RSV4 R APRC
Aprilia RSV4 R APRC
mercedes-benz-slk-class-slk-350-cgi
mercedes-benz-slk-class-slk-350-cgi
Jaguar XJ
Jaguar XJ
Escorts Limited
Escorts Limited
Mannara Chopra
Mannara Chopra
Prem Ratan Dhan Payo
Prem Ratan Dhan Payo
Sania Mirza
Sania Mirza
IndiaCatalog.com

IndiaCatalog.com is a website brought to you by Portland Technologies to provide directory of Indian websites, News, City Guides and profiles of Indian Businesses. Portland Technologies also provides IT solutions for Small and Medium Businesses in India.


Products

India Web Directory

Global Web Directory

Yellow Pages

Photo Galleries

FREE India Classifieds


Useful links

About us

Advertise

Link to us

Submit a Site

Business Reviews


Contact

Plot #37, Ramnagar Gundu, Hyderabad - 500 044

service@indiacatalog.com

+91-40-23756949


© Copyright: IndiaCatalog.com