Business

Business

Rolls-Royce Holdings PLC Trading Update

This update addresses our full-year 2020 outturn, subject to audit, and our initial expectations for 2021 considering developments in the COVID-19 pandemic. Trading in December was broadly in line with expectations across all business units and we delivered good progress on our restructuring programme. Full-year 2020 Group free cash outflow …

Business

Honda to stop production at one of two India plants

NEW DELHI December 24, 2020 – Honda Motor Co has halted production at one of its two-car manufacturing plants in India, the carmaker said on Wednesday, a country where sales of its vehicles have been under pressure from competitors. The Japanese automaker has stopped producing cars at its plant in …

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Handicraft and GI Toys exempted from Quality Control Order

New Delhi 13 December 2020 – Taking steps towards the Prime Minister’s vision of making India a global manufacturing hub for sale & exports of toys, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has devised a comprehensive action plan with steps being …