When the strike ended, the management demanded that workers should become part of internal collaborative forum and raise their grievances through this forum as part of its ‘good conduct’ bond.
Truck rentals across the country are in a jittery mode and the dealers and banks are holding a few queries for fleet replacement as compared to last year.
The over Rs 1,600-crore India’s leading air compressor company ELGi Equipments is betting big on the global markets, particularly the European region, to become No. 2 company in the $15-billion air compressor market.
Hyundai Motor India Ltd (HMIL) is betting big on Venue, a compact SUV which will be launched shortly. Amid challenges and subdued market sentiment, HMIL expects Venue will not only give the needed impetus to maintain its grow
India’s leading readymade and knitwear cluster also registered a domestic sale of Rs 24,000 crore, taking its total businesses during the fiscal to Rs 50,000 crore.
Almost all major players, such as Bajaj Auto, TVS Motor, Piaggio, have reported a robust performance in exports due to the surging demand for three-wheelers produced in India in contrast to domestic sales.
Italian iconic superbike maker Benelli will set up a joint venture in association with its current Indian distributor to explore the mass-market two-wheeler segment (100CC-250CC) in a big way.
WPTUC general secretary Valter Sanches has said the union is concerned over continuing violations of workers' rights and vindictive actions against the staff at Royal Enfield's Oragadam plant in Chennai because of their parti
The objective of creation of new service centres (NSCs) on the PPP model is aimed at providing adequate facilities for testing, training, sample development, consultancy, trouble shooting and facilitation services.
On the revenue target, Amar Agarwal said: “We are a Rs 500-crore company right now and will become a Rs 1,500-crore company after the expansion with 25% Ebitda margins.”
Hinduja flagship Ashok Leyland said that it is in advanced talks with a select few defence players (OEMs) in the US and Europe to offer its mobility solutions.
Driven largely by exports, the three-wheeler industry has reported a 44.30% growth in the first seven months of the current fiscal (April-October 2018) to 761,300 units as compared to 527,570 units in the same period last fis
With enhanced rural road connectivity, smart city initiatives/programmes and increased infra spending, Piaggo will target doubling its customers base in the next two years to 5 million.
Hit hard by the marked production loss in the last two months, Royal Enfield, an arm of Eicher Motors, has again invited all the striking employees to resume their duty at the earliest and hold dialogue internally.
The Tirupur Exporters' Association (TEA), which houses thousands of garment units, is likely to witness a production loss of anywhere between Rs 700 crore to Rs 800 crore due to extended leaves to be availed by the workers, w
In an interview with FE here on Tuesday, Mallika Srinivasan, chairman and CEO, TAFE, said: “We are upbeat on the industry growth prospects as well TAFE in particular.
The domestic demand for textiles is likely to remain robust from end-user segments, supported by a strong rise in private consumption expenditure during the rest of FY19.
The incessant rains and floods in Kerala will cast a huge shadow on the natural rubber production and will in turn put pressure on the tyre industry, which is already facing widening gap in demand and supply.
Indigenously made Tata Nexon, a compact SUV from Tata Motors, has got four star ratings from Global New Car Assessment Programme (GNCAP), a UK-based independent body that conducts crash safety tests on cars across the world.
