HEC is on the verge of closure, there is neither working capital nor money to pay the employees, know the reason for the plight.
Ranchi: Heavy Engineering Corporation Limited (HEC) has reached the verge of closure. The company is going through a serious financial crisis. The company neither has working capital nor money to pay salaries to its employees. Employees are not getting salaries for 20 months and officers for 24 months. The liability of the company has exceeded … Read more