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Total 848 results found. Search for [ job cuts ]

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Sahil Joshi
August 16, 2019
Tumbling sales in auto sector have led to massive job cuts in the industry. Automakers like Mahindra and Mahindra have claimed that they have done enough 'belt tightening' and now it is time for the government to provide some relief to the sector


PTI
New Delhi, August 16, 2019
RBI on August 7, had cut benchmark repurchase and reverse repurchase rates by an unconventional 35 bps, slightly higher than market expectations of a 25 bps cut


BusinessToday.In
New Delhi, August 16, 2019
While this has been part of the annual holiday calendar on account of Independence Day, Raksha Bandhan and the weekend, it also partly reflects the prevailing market demand scenario, said the company


BusinessToday.In
August 16, 2019
Cognizant job cuts: The US-listed IT company under the leadership of its new CEO Brian Humphries is undertaking an extensive restructuring process which is intended towards pushing growth and bringing down the costs.


Reuters
August 14, 2019
China's economy stumbled more sharply than expected in July, with industrial output growth cooling to a more than 17-year low, as the intensifying U.S. trade war took a heavier toll on businesses and consumers.


BusinessToday.In
New Delhi, August 14, 2019
Auto slump: Auto industry body FADA this month said around 2 lakh jobs have been cut across automobile dealerships in India in the last three months


Reuters
New Delhi, August 13, 2019
India's domestic passenger vehicle sales fell for the ninth straight month in July, an auto industry body said on Tuesday, amid a deepening crisis in the country's automobile sector that has triggered large-scale job losses.


Reuters
August 9, 2019
The slowdown in the sector has triggered massive job cuts, with initial estimates suggesting that automakers, parts manufacturers and dealers have laid off about 350,000 workers since April, a senior industry source told Reuters earlier this week


BusinessToday.In
New Delhi, August 9, 2019
Around 2 lakh jobs have been cut across automobile dealerships in India in the last three months


Reuters
Bengaluru, August 9, 2019
India's auto sector is facing a downturn, which industry executives say is the worst suffered by the industry, triggering massive job cuts and factory shutdowns.


BusinessToday.In
New Delhi, August 8, 2019
Article 370 fallout: Pakistan suspends bilateral trade with India, expels envoyA day after Indian government scrapped Article 370, which gave special status to Jammu and Kashmir, Pakistan on Wednesday said that it will be downgrading diplomatic relations with India. It has said that it will be expelling the Indian High Commissioner and suspending bilateral trade with New Delhi.Auto firms seek tax cuts, easier finance access to revive salesIndia's auto industry demanded tax cuts an...


BusinessToday.In
August 8, 2019
Addressing the company's shareholders at its 73rd AGM, Mahindra pitches for short-term measures to catalyse consumption, either by reducing GST or cess rollback, adding this would have a \"benevolent ripple effect\" on the economy


Reuters
New Delhi, August 8, 2019
Executives from across the sector also asked the government to provide incentives to scrap old vehicles, which they said would help boost sales, and urged officials to reconsider a proposal to hike registration fees for automobiles as it would hurt demand


Reuters
August 7, 2019
The downturn - regarded by industry executives as the worst suffered by the Indian auto industry - is posing a big challenge for Prime Minister Narendra Modi's government as it begins its second term at a time when India's jobless numbers are climbing.


PTI
August 4, 2019
With no immediate signs of recovery, the Federation of Automobile Dealers Associations (FADA) feared that the job cuts may continue with more showrooms being shut in the near future and sought immediate government intervention such as reduction of GST to provide relief to the auto industry.


Reuters
MANESAR/NEW DELHI, August 3, 2019
Maruti Suzuki reported a 33.5% decline in sales in July to 109,265 vehicles compared with July 2018


BusinessToday.In
New Delhi, July 27, 2019
Japan's No. 2 car maker, which had seen its profits plummet to a decadal low, announced a further 98.5 per cent plunge in profit to 1.6 billion yen ($14.80 million) in the first quarter of the current fiscal.


Reuters
New Delhi, July 25, 2019
Nissan Motor is widening job cuts, initially announced in May, as it struggles to improve dismal profit margins in the United States, a key market where Ghosn for years had pushed to aggressively grow market share during his time as CEO


BusinessToday.In
New Delhi, July 25, 2019
Reliance may launch Jio GigaFiber on August 12 at company's AGMReliance Jio is likely to commercially launch its Jio GigaFiber on August 12 during Mukesh Ambani-helmed Reliance Industries' annual general meeting (AGM). The Jio GigaFiber that will aim to disrupt the Indian broadband market includes home broadband, entertainment and smart home Internet of Things (IoT) solutions.Reliance Industries overtakes Indian Oil on Fortune Global 500 listReliance Industries (RIL) is now the highest-rankin...


Sumant Banerji
New Delhi, July 24, 2019
The automobile component industry grew by a respectable 14.5 percent to $57 billion in fiscal 2019, but a steep slowdown in the second half of the fiscal has resulted in retrenchment across companies


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