Page 25 - Ashok Leyland

Ashok Leyland hopeful of settling bonus talks with employees' union

Union has earlier demanded 10% payout, but company stood firm on its offer of 5% and at the end of talks, both parties agreed to 5.423%

Ashok Leyland sheds 3% as it declares non-working days across units

The company's Pantnagar plant will have as many as 18 non-working days in September, while the Ennore unit would have 16.

Ashok Leyland declares 5-day holiday for Ennore plant from Sept 6

The company this week reported a 70 per cent drop in M&HCV truck sales in the domestic market during the month of August

Ashok Leyland cracks 6% as truck sales plunge in August

It sold 3,336 units of M&HCV trucks in August as compared to 11,135 units, a year ago.

Top 10 biz headlines: Truck sales fall 60%, GST cut for hybrid cars & more

From sales of medium and heavy commercial vehicles falling by over half in Aug to the GST Council considering a breather for hybrid vehicles in its upcoming meeting, here is today's top business news

Ashok Leyland meets BS-VI emission norms for all its heavy-duty vehicles

Company claims it is the first OEM to achieve this goal, way ahead of the April 1, 2020 deadline; LCVs and ICVs to follow suit shortly

Ashok Leyland truck sales drops 70% in Aug; total M&HCV sales slide 63%

Light commercial vehicle sales dropped by 12% to 3,711 units in August 2019

Ashok Leyland plans to invest Rs 70 crore to set up Africa unit

Presently 24th in global ranking, it aims to be among the top 10 in about nine years

Ashok Leyland unveils severance schemes as staff protest continues

Union sources said if the management does not take a call on the issue 'amicably' they would be forced to intensify their stir next week by going on a hunger strike

Slowdown impact: Ashok Leyland starts staff separation schemes to cut cost

The company had earlier said it was implementing cost-cutting measures to save around Rs 500 crore to mitigate the impact of slowdown in the market

Some Ashok Leyland workers on 'sit-in strike', demand hike in bonus

The employees decided to go ahead with their strike as the management allegedly did not accept their demand at a recent meeting

Ashok Leyland undertakes cost cutting measures to save Rs 500 crore

Ashok Leyland reported a 9 per cent revenue drop during the quarter ended June 30, 2019, at Rs 5,684 crore

Ashok Leyland profit shrinks by 45%; market share grows in MHCV segment

The revenue of the company dropped by 9% to Rs 5,684 crore from Rs 6,263 crore YoY

Ashok Leyland to shut Uttarakhand heavy vehicles plant to for 9 days

Ashok Leyland 's competitor Tata Motors recently decided to close its Pantnagar facility for two days.

Ashok Leyland appoints two new COOs, CFO given additional responsibility

The changes are in line with the company's philosophy of providing growth opportunities to talent from within the company

Ashok Leyland plans on revving up global business; LCVs to drive expansion

Its new vision encompasses light commercial vehicles, small commercial vehicles, intermediate commercial vehicles (ICV), M&HCV, spare-parts and defence

Ashok Leyland to halt production for 5 days at Pantnagar as stocks pile up

Move follows slowdown in CV sales; No work on June 17 and 24, but employees will still get pay

Ashok Leyland posts overall sales dip of 3.6% in May as exports drag

Ashok Leyland Ltd's domestic sales grew 5.8 percent in May to 12,778 units from 12,077 units in the same month of previous year.

Ashok Leyland sells more than 13,000 units in May, total sales dips 4%

The company had sold 13,659 units during the corresponding month last year, Ashok Leyland said in a statement

Ashok Leyland is eyeing top 10 slot in CV space in 9 years: Dheeraj Hinduja

Ashok Leyland Chairman Dheeraj Hinduja talks about his strategy and plans in the coming years