'Fresh hiring will be limited. If a huge growth comes then we have to do a lot of hiring', the company said
Passenger vehicle sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year
Passenger vehicle (PV) sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year
Maruti Suzuki India, Hero MotoCorp and TVS Motor Company slipped 2 per cent each, while M&M, Eicher Motors, Bajaj Auto and Ashok Leyland were each down 1 per cent today.
Car sales decline due to increase in retail sales in festive season, Maruti sales rebound to growth
According to JLL data, total warehousing leasing stood at 24.1 million square feet during January-September
Experts say while traffic and toll collection will take a hit in FY2020, toll rates may also not rise much in FY2021 due to a lower WPI
Most of the IT services players are seeing a spike in demand from the sector.
Car and auto component makers have cut thousands of jobs and halted some production
Just as it happened in the digital arena, electric and driverless cars are going to be disruptive for companies that resist change
The move will help the company to tide over the slowdown, said Alberto Negri, chief executive
Passenger vehicles sales in India have been on a decline for over a year
The move comes as part of the company's ongoing Skoda-led gameplay for the country, analysts say
Gadkari says all buses would be electric in two years
Hero MotoCorp urged the Centre to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage
Spike in oil prices will translate into a matching or higher increase in fuel prices in domestic market
Company indulging in heavy discounts to get customers back
A global downturn, technology shifts putting unprecedented pressure on automakers
Here's a selection of Business Standard opinion pieces for the day
Says slowdown in sector not linked to GST