Ashok Leyland to halt production for up to 15 days in October
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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TMC leader killed in Bengal's Birbhum
Kolkata (PTI): A local Trinamool Congress (TMC) leader was murdered by unidentified assailants in West Bengal's Birbhum district, police said on Saturday.
Rajbehari Sardar (65), TMC's booth chief in Patisara gram panchayat, was stabbed and severely beaten up by around five-six people at a function in Nanoor area around 10 pm on Friday, a police officer said.
Sardar was taken to Mangalkot Hospital in neighbouring Purba Bardhaman district where he was declared dead by doctors, he said.
The deceased's son alleged that Sardar was killed by members of a rival faction of the party.
The local TMC leadership said Sardar was a committed party worker and was popular in the area, but claimed that there was no report of the involvement of anyone from the party in the murder.
"We demand a thorough and prompt investigation into the incident," a local TMC leader said.
