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Latest News Update - Automobiles and Utilities

Here is a look at all the major headlines in the automotive space this week  Sat, 17 Aug 2019
To a query, another union official said the company had offered 5.34 per cent bonus for the 2017-18 fiscal.  Fri, 16 Aug 2019
Maruti Suzuki had earlier said that they would be phasing out all of their diesel powered vehicles and this seems more of a step in that direction.  Fri, 16 Aug 2019
Bhargava was responding to a query on whether the current slump and production cuts have led to job cuts in Maruti.  Fri, 16 Aug 2019
The weekly train connects Jodhpur in Rajasthan to Karachi in Pakistan,   Fri, 16 Aug 2019
CRISIL Ratings downgraded the automakers long term rating from CRISIL AA/ Negative to CRISIL AA-/ Negative while it kept the short term rating unchanged at CRISIL A1+, the company said in the filing.  Fri, 16 Aug 2019
CRISIL, in its base case, expects Tata Motors#39; consolidated net-debt-to-EBITDA to remain elevated at about 2.4 times in fiscal 2020 and 2021, from about 2 times for fiscal 2019.  Fri, 16 Aug 2019
The top Nifty50 gainers include UPL, GAIL India, YES Bank, Bajaj Finance and Grasim Industries while the top losers are Indiabulls Housing Finance, Hindalco Industries, Vedanta, Tata Motors and BPCL.  Fri, 16 Aug 2019
Maruti Suzuki Ertiga 1.3-litre diesel engine discontinued in India  Fri, 16 Aug 2019
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