New Delhi: After its sales witnessed a major slump in August and September, commercial vehicles major Ashok Leyland on Friday said non-working days for all its plants may range between two to 15 days in October. 

Sales of commercial vehicles have been declining since July and Ashok Leyland, one of the largest manufacturers of commercial vehicles, reported a reduction of at least 50 per cent in its sales numbers in September as compared to the same period in 2018.

"We hereby inform you that to align our production in line sales, the company's plants at various locations will be observing non-working days ranging from 2-15 days during the month of October 2019," Ashok Leyland said in a statement filed with the National Stock Exchange (NSE) on Friday.

The company had been announcing non-working days since August citing continuation of sluggishness and contraction in the commercial vehicle market.

The company maintains that the proposed shutdown is part of “corrective actions” are being taken to safeguard the interests of the company.

The decision by Ashok Leyland came days aer the company released its sales figures for the month of September that reported a 50 per cent drop.

Courtesy: www.deccanherald.com

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New Delhi (PTI): Kota MP Om Birla on Tuesday met Prime Minister Narendra Modi amid indications that he will again be the ruling National Democratic Alliance's candidate for the Lok Sabha Speaker's post.

Several NDA sources said Birla is likely to be their candidate for the Speaker of the 18th Lok Sabha.

The opposition, sources said, may not name its own candidate, letting the NDA nominee to get elected unopposed.

There is a view that the opposition may get the Deputy Speaker's position

By retaining the Kota seat in Rajasthan, Birla has become the first presiding officer to be re-elected to the Lower House in the last 20 years.