Tagged: India

Truck cos report 30% drop in monthly revenue in June 0

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 0

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 0

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 0

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...