MD V Mahadevan said, "Our offtake has reduced in line with declining demand from automobile majors since all of them are closed for the Christmas and New Year holidays. We have also decided to increase the number of holidays at our three units, which would be 5-6 days in a month. Asked whether it would be paid holidays, Mahadevan said, "Workers will be paid according to the law."
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.