Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an Indian automobile manufacturer, based in New Delhi. It was founded in 1981 and owned by the Government of India until 2003, when it was sold to the Japanese automaker Suzuki Motor Corporation. Read More
Faced with the nightmarish prospect of job losses, auto sector employees have sought government's intervention through relief measures for the industry dented by truncating demand. ...
The consumption slowdown that dented auto industry' sales and production has now percolated to the local economy, causing hardships to thousands of small businesses that supply parts along with services like logistics to the key manufacturing sector. ...
A massive slowdown led by truncating demand has forced the entire value-chain operators across the automobile industry to reduce production levels and downsize workforce to tide over lean times. ...
Former Union Minister Kapil Sibal on Monday said the economy is going through a "very difficult" phase as many sectors are in doldrums which were "not good" signs so far as the government's five trillion dollar economy target is concerned. ...
A lacklustre festival season is set to greet India Inc. this year. The impact of a widespread slowdown in the economy is starting to show in the balance sheets of Indian corporates. ...