The auto industry has been facing strong headwinds amid a slowing economy due to multiple factors -- liquidity crisis, high fuel prices, changes in axle load norms and BS-VI transition -- all leading to weak consumer sentiments and subdued demand across segments.
At present, Maruti Suzuki utilises five loading terminals (Gurgaon, Farukhnagar, Kathuwas, Patli and Detroj) and 13 destination terminals (Bengaluru, Nagpur, Mumbai, Guwahati, Mundra Port, Indore, Kolkata, Chennai, Hyderabad, Ahmedabad, NCR, Siliguri and Agartala).
Honda India Power Products was established in September 1985. It manufactures and markets a range of portable generators, water pumps, tillers and general-purpose engine at its manufacturing facility at Greater Noida.
Uber’s Mumbai employees will continue to work from home until December, the person said. It is not clear if the employees will be moved to another office in Mumbai next year.
Three-wheeler of the company registered sales of 0.11 lakh units in the first quarter of the current year as against 0.39 lakh units in the first quarter of FY 19-20.
Adding to this, Kumar said, "As announced earlier, we will be running the trains at the speed of 160 km per hour on these routes in the future. For this, work is going on on all the projects."
Accordingly, MRF recognised a provision for income tax for the year ended March 31 and re-measured the deferred tax liabilities and assets on the rates prescribed in the section.
a factory of Bajaj Auto in Aurangabad city of Maharashtra has been temporarily shut down after 79 employees at the facility were tested positive for Coronavirus.
IATA encourages a layering of bio-safety measures in two areas: reducing the risk of imported cases via travellers and mitigating risk in cases where an infected person does travel.