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The first phase will be ready next month that will take our current capacity of 25 million units annually to 33.4 million.
vivo to pump in Rs 7,500 cr to ramp up mfg in India, aims to create 40,000 jobs
27 Aug 2019 5:36 PM

Company had announced an investment plan of Rs 4,000 crore in to ramp up manufacturing of its smartphones in India.

Maruti plans to increase CNG vehicles by 50 per cent this year, Bhargava said.
Maruti Suzuki cuts 3,000 contract jobs
27 Aug 2019 1:29 PM

Auto sales declining for ninth straight month, more auto manufacturers are laying off workers and temporarily halting production.

Reacting to the announcement, MSME Minister Nitin Gadkari said clearing GST dues within 30 days will be highly beneficial for the MSME sector and will also be instrumental in increasing job opportunities. (Photo: File | ANI)
MSMEs to get pending GST refunds within 30 days: FM
23 Aug 2019 8:28 PM

In future, all GST refunds of MSMEs will be paid within 60 days from the date of application, said FM Nirmala Sitharaman.

The findings are based on an analysis of 2,976 companies which have reported their quarterly numbers by domestic rating agency Care Ratings.
India Inc reports lower revenue, profit growth in Q1: Report
21 Aug 2019 7:14 PM

India Inc's net sales growth for the June quarter slid to 4.6 per cent as against 13.5 per cent for the same period last year.

Parle, founded in 1929, employs about 100,000 people, including direct and contract workers across 10 company-owned facilities and 125 contract manufacturing plants.
Parle may cut up to 10,000 jobs amid slowdown, falling demand
21 Aug 2019 1:07 PM

Parle is not the only food product company to have flagged slowing demand.

72 per cent of the job seekers said they would not believe a job opportunity is real, if there was no information about the employer reputation available online. (Representational Image)
Employer reputation key factor considered by job seekers: Report
20 Aug 2019 1:40 PM

Before applying for a job, job seekers look for insight into factors of the company such as career growth opportunity, stability.

US President Donald Trump.
China lost 20 lakhs jobs in short period of time: Donald Trump
20 Aug 2019 10:35 AM

After coming to power, Trump has imposed 25 per cent import tariff on Chinese products worth USD 250 billion.

The current slump and production cuts have led to job cuts in Maruti.  (Representational image)
Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki
17 Aug 2019 11:35 AM

The temporary workers were not renewed due to the slowdown while asserting that permanent workers have not been impacted.

Some reports suggest that upto 3.5 lakh automotive jobs in India have been cut since April 2019.
Top 8 reasons behind automotive industry slowdown in 2019
17 Aug 2019 9:52 AM

The current decline of the automotive industry can be credited to various factors.

Tata Motors saw its sales going down by 34 percent to 32,938 units. (Representational image)
The flip side to the ongoing recession in the Auto Industry!
13 Aug 2019 10:04 AM

Maruti Suzuki India reported a sixth consecutive monthly sales to decline with the numbers falling 33.5 per cent.

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