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Last shutter down, iconic Atlas Cycles pedals out of business

Atlas Cycles shut the Sahibabad factory, its last manufacturing unit in the country, on June 3.

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05 June, 2020, 03:56 PM IST

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SIAM urges government to temporarily cut GST taxes by 10% to boost demand

Automobile production and sales have come to a complete standstill after a nationwide lockdown was imposed on March 24 to check the spread of the disease. The industry is losing Rs 2300 crore per day due to the closure, which may now last till May 3.

Parliamentary panel suggests lower GST rate for auto sector

Amid slowdown in the sector, the committee, among other things, recommended to ei...

'Vehicle scrappage policy to help generate demand for new vehicles amid coronavirus pandemic'

A vehicle scrappage policy is in the works for ...

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