Thursday, August 29, 2019

Auto companies in India cut more jobs, halt production to tackle slowdown

Auto companies in India cut more jobs, halt production to tackle slowdown Japanese carmaker Toyota Motor and South Korea#39;s Hyundai Motor are the latest in a string of companies to briefly halt some parts of production at plants to combat slumping sales, according to company memos to employees, reviewed by Reuters.

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RBI holds repo rate, flags supply chain risks to inflation & growth

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