Tagged: India

Truck cos report 30% drop in monthly revenue in June

Truck cos report 30% drop in monthly revenue

Despite extra liquidity available with financers, there is lack of reliable fleet owners with dependable cash flows to take the truck finance. Chennai: Truck operators are reporting a 25%-30% drop in monthly revenue with truck fleet...

NHAI to create green belt along NH-53

NHAI to create green belt along NH-53

The National Highways Authority of India (NHAI) will plant around 19,000 saplings to create a green belt along NH-53 in the district. JAIPUR:  The National Highways Authority of India (NHAI) will plant around 19,000...

Paying by cash? Pay up ‘penalty’ at toll plazas

Pay up ‘penalty’ at toll plazas

Decongest toll plazas, where cash payments lead to long queues, the government is planning to penalise cash tolling in metros. NEW DELHI: Pay toll by cash? Get ready to shell out 10-20% extra. In...

Now, truck companies cut production to manage stocks

Truck companies cut production

Automotive dealers body — FADA estimates the current Truck inventory levels in commercial vehicles at 45-50 days and dealers are pushing for lower stock levels prompting production cuts. Chennai: Truck companies are cutting production...