HMT signs MoU with Govt of India for 2007-08

Tuesday, March 27, 2007, 18:52 [IST]

Bangalore, Mar 27: State owned HMT today signed a Memorandum of Understanding (MoU) with the Government of India on performance targets for the year 2007-08 with the turnover targeted at Rs 899 crore for the entire group.

HMT in a release here said that the growth was expected to be 24 per cent more than the current fiscal as per the MoU.

The target for individual companies in the group were HMT Ltd Rs 328 crore, HMT Machine Tools Rs 368 crore, HMT Watches Rs 105 crore, HMT Chinar Watches Rs Six Crore, HMT Bearings Rs 50 crore and HMT (International) Rs 42 crore.

The MoU was signed by HMT Chairman A V Kamat and Dr R C Panda, Secretary, Ministry of Heavy Industries and Public Sector Enterprises.

UNI

Topics: signed, memorandum, understanding, (mou), government, india, performance, targets

Other articles published on March 27, 2007

Samuel L. Jackson signed on to narrate golf film

Tuesday, February 10, 2009,15:31 [IST]

Washington, Feb 10 (ANI): Hollywood actor Samuel L. Jackson has been roped in to narrate a documentary about famous African-Americans golfers.The new film titled Uneven Fairways will premiere on America's Golf Channel this week (11Feb09), reports Contactmusic.The documentary is based on books Uneven Lies by Pete McDaniel and Forbidden Fairways by Calvin H. Sinnette, presenting an era when "honour and fair play took a backseat to segregation".It will talk about the golfers who confronted prejudice and.....

New 'sharia' accord signed between NWFP government and TNSM

Monday, February 16, 2009,18:08 [IST]

Peshawar, Feb.16 (ANI): A new 'sharia' law has been signed between the North West Frontier Province (NWFP) government and Tahrik-e-Nifaz Shariat Muhammadi (TNSM) in Pakistan."An agreement has been signed between the government of NWFP and Maulana Sufi Mohammed. All laws against sharia will be abolished and sharia will be enforced under this justice system," The News quoted NWFP Information Minister Iftikhar Hussain, as saying.The new agreement would be covering the troubled areas of Swat Valley, and Malakand district.....

Limitless Updates

Business News

News Archives

No secret agreement with US signed for drone attacks: Musharraf

Tuesday, February 24, 2009,11:46 [IST]

Lahore, Feb 24 (ANI): Former Pakistan President Pervez Musharraf has said that no secret agreement with the United States was signed during his rule that allowed drone attacks on Pakistani soil.Musharraf said he often heard allegations of a covert deal with the US, but said no one had been allowed to cross into Pakistan during his regime.He said only Pakistani troops could act inside the country's borders, adding action must be taken against any foreign terrorists and Al Qaeda.....