Bajaj Auto June sales down 14 percent, plant strike hits production
MUMBAI (Reuters) - Bajaj Auto(BAJA.NS) says 295,749 vehicles sold in June, down 14 percent. The company said a strike at its Chakan plant in Maharashtra had caused a production loss of about 20,000 motorcycles for the month.
Bajaj Auto is the world's largest motorised three-wheeled rickshaw maker.
As of 9:53 a.m., the stock was down 0.2 percent.
- Tweet this
- Share this
- Digg this
India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world's fifth largest coal reserves, a source familiar with the matter said. Full Article