The move by the US electronics giant comes at a time when the US and China are engaged in a trade war.
Venture between Maruti and Toyota Tsusho India will supply, dismantle and process end-of-life vehicles, and market and sell scrap.
RC Bhargava refused to buy arguments that the present slowdown is related to “structural shifts”.
The ministry will challenge the deal in the SC on various grounds, including the process through which the companies announced the merger based only on an order of TDSAT.
The move comes at a time when the company is facing regulatory heat in India, and has been served with a notice by the government around unlawful usage by children and oscene content.
Hyundai aims to have a mass-volume affordable electric model for wider sections of the market.
Balbir Singh Dhillon will take charge in September as Audi chief Rahil Ansari heads to the company's headquarters in Germany.
BSNL is the country’s biggest loss-making PSU (estimated Rs 13,804 crore in FY19), while MTNL was third with a loss of Rs 3,398 crore.
The meeting of the panel saw representatives of different wings of the govt taking divergent views on letting Huawei participate in the security trials.
He has also sought a cut in GST rate from 18% to 12%, which can help lower the monthly mobile bill of consumers.
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