Operations have also resumed at the Centre of Innovation and Technology (CIT) at Jaipur in Rajasthan in a graded manner and work on new product development has started with strict safety and hygiene protocols.
Likewise, the company's showrooms opened in accordance with Centre and state guidelines in a graded manner across different cities.
After almost zero sales in April due to the complete lockdown, the Indian auto industry has restarted operations (both plants and dealerships) partially even as it adheres to new operating norms.
Tax expenses fell sharply to Rs 16 crore in March quarter against Rs 50 crore in the same period last year.
The rapid spread of COVID-19 across the globe has resulted in uncertainty for businesses and individuals globally. Since March 23, 2020 the Company's manufacturing facilities have been closed in adherence to the lockdown guidelines issued by the Government of India.
Uber has been pushing hard to turn profitable in India, one of its key markets. It has divested itself of some non-core businesses to concentrate on transportation.
"Across all other cities, Ola will be regularly sanitising cars and monitoring the driver's health status as part of its '10 steps to a safer ride' initiative," reads a release from Ola.
Powering Skoda’s new SUV is a 1.5-litre turbo-petrol engine from the Volkswagen Group’s TSI engine family.
Sharing factories and research relies on the alliance of the two companies working smoothly, something Renault and Nissan have struggled to do in the wake of Ghosn's sudden departure after his arrest in Tokyo in November 2018. The executive fled to Lebanon in December to escape financial-misconduct charges in Japan, which he denies.