Sudarshan Varadhan

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

1:39am IST

(This Aug 22 story corrects paragraph 5 to remove the number of cuts at Denso and adds company response)

Fuel supply to Air India stopped at six domestic airports: sources

22 Aug 2019

NEW DELHI Jet fuel supply to state-run carrier Air India has been stopped at six domestic airports because of unpaid dues to fuel provider, Indian Oil Corp (IOCL) , three sources said on Thursday.

India's passenger vehicle sales drop at steepest pace in nearly two decades

13 Aug 2019

NEW DELHI India's domestic passenger vehicle sales in July dived at the steepest pace in nearly two decades, an auto industry body said on Tuesday, as a financing crunch deepened a crisis in the country's autos sector and triggered large-scale job losses.

Exclusive: Tens of thousands losing jobs as India's auto crisis deepens - sources

06 Aug 2019

NEW DELHI Slumping sales of cars and motorcycles are triggering massive job cuts in India's auto sector, with many companies forced to shut down factories for days and axe shifts, multiple sources said.

Exclusive - India's biggest carmaker Maruti Suzuki cuts temporary jobs as sales plunge

02 Aug 2019

MANESAR/NEW DELHI India's biggest automaker, Maruti Suzuki India Ltd , said it had cut the number of its temporary workers to cope with a slowdown in auto sales, adding to the jobless problem in Asia's third largest economy.

Maldives ex-vice president detained on arrival by boat in India

01 Aug 2019

NEW DELHI/MALE Indian authorities are questioning the former vice president of the Maldives, Ahmed Adeeb, for illegally entering the country after he arrived on a tugboat in the southern Indian port city of Thoothukudi, port and police officials said on Thursday.

India expects coal-fired power capacity to grow 22% in three years

31 Jul 2019

NEW DELHI India's coal-fired power generation capacity is expected to rise by 22.4% in three years, the federal power ministry's chief engineer said on Wednesday, potentially neutralising its efforts to cut emissions by boosting adoption of renewable energy.

India's 2019 thermal coal imports could rise up to 13%: WoodMac

30 Jul 2019

NEW DELHI India is expected to import up to 185 million tonnes of thermal coal in 2019, the head of thermal coal at consultancy Wood Mackenzie said on Tuesday, about 13% higher than its estimate for 2018.

Saudi's Falih says to expand pipeline to reduce oil exports via Gulf

25 Jul 2019

NEW DELHI Saudi Arabia aims to raise the capacity of its east-west pipeline by 40% in two years so more of its oil exports can avoid passing through the Strait of Hormuz, the energy minister said on Thursday.

Saudi's Falih says Reliance-Aramco talks on Indian refinery stake continue

25 Jul 2019

NEW DELHI Saudi Arabia's Energy Minister Khalid al-Falih said state-run Saudi Aramco's talks with Reliance Industries to buy a minority stake in the Indian conglomerate's refining assets have not stalled.

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