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Ashok Leyland shares drop 5% as UK EV unit considers shutdown; promoter entity pledges Rs 6,400 crore worth of sharesAshok Leyland shares: The Chennai-based automaker announced on Wednesday that a prolonged economic downturn in the British bus industry, al...- Ashok Leyland’s Switch Mobility commences consultation process to shut its UK plantAshok Leyland will cease manufacturing operations at Switch Mobility in the UK to reduce losses, citing economic uncertainty in the British...
- Ashok Leyland says may shut loss-making e-bus plant in UKAshok Leyland's electric bus unit Switch Mobility may close its Sherburn plant in the UK as part of a review process. This could make the u...
- The extraordinary reasons why parts of Britain are going bustThe financial woes sweeping Britain's local authorities is being fueled by a range of factors, including a legal battle over equal pay, sur...
- Why has the Birmingham City Council declared effective bankruptcy with £760m Equal Pay Bill | ExplainedBirmingham City Council has taken a drastic step by essentially declaring insolvency in the face of an enormous £760 million bill stemming ...
- Eco protesters smash up fuel pumps, tape themselves to the forecourts at M25 stations in UKClimate protestors have been detained for allegedly destroying fuel pumps and sticking themselves to forecourts at service stations along t...
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