Amid the nationwide coronavirus lockdown, Tata Motors' domestic sales were down by 84% in March 2020 to 11,012 units from 68,727 units on a yearly basis.

Sensex, Nifty Live News Today: All 30 Sensex and 50 Nifty stocks closed higher today. Over 14 out of 30 Sensex stocks and almost 21 Nifty stocks were gaining over 10% at the closing bell.  

Alto's nearest rival this year was the Swift, which was less than 3,000 units behind it but also suffered a 16 per cent drop in sales; at third position was the company's premium hatchback Baleno

Sensex, Nifty Live News Today:The 30-share index BSE Sensex fell 700 points lower at 27,550 and 50-share barometer NSE Nifty fell 176 points to 8,076.

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The fall in sales is due to a combined effect of the coronavirus lockdown and an already slowing automobile market

Leading manufacturers including Maruti Suzuki, Mahindra & Mahindra, Toyota, and Hyundai recorded a sharp decline in sales, owing to production shutdown amid coronavirus outbreak; The GST collection in March has come down to Rs 97,597 crore from Rs 1.06 lakh crore in February, a drop of almost Rs 8,000 crore or 7.5 per cent. This is 11 per cent lower than the Rs 1.07 lakh crore collected in March 2019; IAG-owned British Airways  is expected to announce the suspension of about 36,000 of its employees; U.S. President Donald Trump said the coronavirus statistics China was reporting seemed \"a little bit on the light side.\" This and more news on News Blast.Also Read: Zoom, Houseparty under scrutiny for privacy violations

Coronavirus: British Airways likely to suspend 36,000 employeesIAG-owned British Airways (ICAG.L) is expected to announce suspension of about 36,000 of its employees, BBC News reported on Wednesday. The airline has reached a broad deal with Unite union that will include suspension of jobs of 80% of BA's cabin crew, ground staff, engineers and those working at head office, the news agency reported, adding that no staff were expected to be made redundant.Coronavirus in India Highlig...

Coronavirus update: A group of teachers on Wednesday went to every house in Chacharavadi Vasna village near the Ahmedabad-Rajkot highway here in the industrial cluster of Changador

Industry experts expect similar deterioration in auto sales volumes over next 1-2 months due to ongoing lockdown amid COVID-19 pandemic

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Once the current crisis is over, auto companies expect sops to make parts in India. The aim is to diversify sourcing away from a single destination like China

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Hero MotoCorp has also relaxed its stance on the 'Force Majeure' clause of deferring payments. Now, the motorcycle manufacturer will reimburse 50 per cent of the dues of large vendors from its earlier plan to pay only 25 per cent

Sensex, Nifty Live News Today: In March month, Sensex and Nifty have declined by 25%. The coronavirus is guaranteed to throw the world into recession, and economists are becoming less convinced about the potential for a strong snapback in growth.

After securing their people and tackling business continuity issues, firms are on now a wait and watch mode

 Sensex, Nifty Live News Today: Sensex ended 1,028 points higher at 29,468 and Nifty closed 316 points to trade at 8,597

FMCG companies such as Nestle, HUL, ITC, P&G, Godrej Consumer, Dabur, Amul and others are set to gain ground amid sudden rise in demand due to anxiety buying and hoarding of daily essentials

Coronavirus update: The pandemic will put added pressure on an industry which is already battling an unprecedented slowdown in the domestic market, said Care Ratings

Sensex, Nifty Live News Today: BSE 30-share barometer Sensex ended 1,375 points lower at 28,440 and NSE 50-share index Nifty fell 379 points to close at 8,281.