The index slipped below the 50-point mark, that separates expansion from contraction, for the first time in three months. According to panellists, poor underlying demand conditions weighed on activity.
Many companies are deducting tax from its employees but are not depositing it with the government and diverting it to further their business interests
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“Everyone is jumping on SUVs,” said Matthew Weiss, JATO Dynamics’ president for North America. The ascent of SUVs and crossovers is already slow
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Environment-friendly electric vehicles seem to be the way forward in New Town, especially in areas where public vehicles do not ply currently.
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Automakers, big consumers of steel and aluminium, also lost ground. Honda Motor Co fell 2.1 percent and Toyota Motor Corp dropped 1.5 percent.
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China plans to start electric vehicle battery recycle programmes in the greater Beijing Hebei Tianjin region, the Yangtze River, Pearl Delta River and
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Top Japanese carmakers said they were teaming up to nearly double the amount of hydrogen stations in Japan, as the car-mad country seeks to head off c
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Total new sales stood at 80,805 units, with demand for diesel vehicles declining by an annual 23.5%, while petrol cars rose 14.4%, according to data f
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The road transport ministry, in a circular issued to highway owning agencies, has suggested that identifying a new stretch at a distance from an exist
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This nomination reflects the increasing global strategic role Aditya has across the group, supporting chairman and CEO Lakshmi Mittal, it said.
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