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    HMT Watches to shut down 11 September 2014

    India's iconic wristwatch brand HMT Watches will soon shut down as the losses are piling up. The company's net loss rose to 242 crores in 2012-13 from 224 crores in 2011-12. Since 2000 HMT Watches are running losses and despite...

    Keywords: Board for Reconstruction of Public Sector Enterprises, HMT Chinar Watches, BRPSE, HMT Watches revenues

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