Car manufacturers are now realigning production, with a possible decline in the coming months across the board as they and dealers clear excess inventory.
Bosch India MD, Soumitra Bhattacharya said the German company will cut about 10% of 3,700 white-collar jobs and a slightly higher percentage of 6,300 blue-collar jobs.
Finance Minister Nirmala Sitharaman has said that the automobile sector, facing its worst slowdown, has been ‘affected by the mindset of millennials’ who don’t want to pay EMIs for a vehicle and prefer Ola and Uber rides.
In India, this bird can be seen from the Northern Peninsular to even in the South, like Kerala. However, the most amazing photographs of its murmurations are from Gujarat.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
COMMENTS