Friday, October 14, 2011

Business News


  • Mahindra suspends fresh XUV booking
  • Maruti workers told to vacate premises

Mahindra suspends fresh XUV booking

Mahindra and Mahindra Ltd, the country's largest utility vehicle maker, has deferred accepting fresh bookings for its newly launched XUV 500 as it is unable to cope with the demand, the firm said in statement.
The firm received close to 8,000 bookings since it started selling the vehicle from 1 October.
“Priority is to expedite deliveries for existing bookings; hence, a decision has been taken to not open up new cities immediately. This may help in advancing delivery dates already committed”, it said.
Maruti workers told to vacate premises

Toughening its stand over striking workers at Maruti Suzuki India Ltd, the Gurgaon district administration has advised the workers to refrain from taking law into their hands and help in preparing conducive atmosphere for negotiations. This decision was taken at a meeting of senior officers of district administration, police and labour department on Wednesday. “It was also decided in the meeting that movement of men and material in all the three plants should be free, and workers sitting on strike inside the plants have been advised to vacate the premises ...immediately so that a conducive atmosphere of negotiations can be created”, the district administration said in a statement.

(Source-: mintlive.com)