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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Maruti Suzuki adopts austerity measures amid West Asia wa...
By PTI · 2026-05-26 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Maruti Suzuki India on Tuesday announced a series of austerity and efficiency measures in response to Prime Minister Narendra Modi’s call for prudent resource use amid the ongoing West Asia conflict.

Maruti Suzuki India on Tuesday announced a series of austerity and efficiency measures in response to Prime Minister Narendra Modi’s call for prudent resource use amid the ongoing West Asia conflict.

Car market leader Maruti Suzuki India on Tuesday said it has taken steps, including work from home wherever feasible and restricted foreign travels, in response to Prime Minister Narendra Modi's call for austerity and the need to mitigate the long-term impact of the West Asia war.

In a post on social media platform X, the company said it has "placed immense importance in the Hon'ble Prime Minister's clarion call for austerity as well as the need to mitigate the long-term impact of the West Asia war".

The company strongly feels whether it is during a crisis or business as usual, management should conduct business in the most productive and efficient manner, minimising the use of petroleum products and foreign currency expenditure, it added.

"This is a timely opportunity to revisit and re-examine all our processes and make efforts to improve efficiency across all our business operations, whether it is for national objectives or our own health of business," the company said.

Maruti Suzuki India Ltd (MSIL) said its "management has given a message to all people to institutionalise" several steps as part of the drive.

These include implementation of work from home (WFH) wherever operationally feasible to reduce commute related fuel consumption. "This is aligned with the company's remote working policy," it said.

To optimise travel, the company has issued directive said for "foreign travel to be avoided unless critical for business requirements".

It also asked employees to choose virtual meetings as preferred mode for engagements, while minimising domestic travel.

The company has also asked its employees to adopt sustainable commute practices, encouraging them to adopt car pooling and use public transport wherever practical.

The carmaker also asked its employees to prioritise energy conservation and optimise the use of use of energy such as AC, fans, lights across office and home.

"These are being widely communicated to both internal employees and business partners," MSIL said in its post on X.

Published on May 26, 2026