• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

HYDERABAD: The Centre of Indian Trade Union (CITU), Hyderabad, has urged the Parliamentary Standing Committee on Industry to recommend to the Centre for providing sufficient working capital to help the HMT Bearings, Hyderabad, tide over a crisis.

HMT Bearings is a subsidiary of HMT Bangalore and the only bearing manufacturing unit in the country. The unit has run into problems due to wrong policies and was not able to generate working capital. All its loans should be converted into equity and relieve the unit from heavy interest burden, the CITU said in a press release.

More Stories on : PSU | Sick Units | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Dumping duty mooted on caprolactam

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line