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Total 37 results found. Search for [ job losses and production cuts ]

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BusinessToday.In
New Delhi, September 12, 2019
ONGC to invest Rs 13,000 crore in Assam in next five yearsState-owned Oil and Natural Gas Corporation (ONGC) will invest over Rs 13,000 crore in Assam over the next five years. The oil and gas company has signed a memorandum of understanding (MoU) with the Assam government for boosting its exploration and production activities in the state, according to a PTI report. The company will make investment for drilling more than 220 oil and gas wells across the state, it said.SBI update:...


Renu Yadav
New Delhi, September 10, 2019
Job loss is part of the economic cycle whenever the economy faces downturn. Therefore, it's better to prepare yourself emotionally and financially for any eventuality


BusinessToday.In
September 10, 2019
The sharp decline in sales, for the tenth consecutive month, has forced job losses and production cuts across India's massive auto sector and now the downturn can be seen affecting automakers' small cars portfolio too.


Prasanna Mohanty
New Delhi, August 23, 2019
The key to lifting the gloom is in raising the income of working population through better wages to revive consumption demand


PTI
New Delhi, August 21, 2019
According to Nomura, even though growth is set to slow further in Q2 (April-June) the economy is expected to see some recovery in the July-September quarter


Sumant Banerji
New Delhi, August 19, 2019
The automobile industry is in the middle of an unprecedented slowdown. With companies beginning to lay off workers, the worst is yet to come


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


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


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.


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


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


PTI
February 14, 2019



Reuters
March 31, 2017
Asian shares were mixed and the dollar extended its overnight gains on Friday on signs of strong US economic growth, while the euro inched up after sliding overnight on data suggesting slowing growth in Europe.


PTI
New Delhi, March 1, 2017
The increase in prices, which was fastest in nearly three and half years and was triggered by higher raw material costs, also spoiled the case for any immediate interest rate cut by the Reserve Bank and supported the recent shift in its monetary policy stance from 'accommodative' to 'neutral'.


By Nevin John
Delhi, April 21, 2016
Nine years ago, Tata Group shelled out $12 billion to pick up Corus - its biggest purchase till date. Now it is exiting at a huge loss. The distress sale is a dream turned sour for the group that made India's biggest overseas acquisition at the peak of the commodities supercycle.


Ron Bousso, Karolin Schaps and Anna Driver
London/Houston, October 30, 2015
The world's top oil companies have struggled to cope with the halving of oil prices since June 2014. They have cut spending repeatedly.


PTI
September 24, 2015
The job cuts are taking place at the Vedanta Resources's Indian arms Vedanta Aluminium, Balco, Cairn India and Sesa Goa, dealing in iron ore business in Goa.


PTI
Mumbai, September 22, 2015
The world's largest diamond miner said the diamond industry fundamentals support the long-term confidence in the sector as India presents further growth opportunity.


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