Eid wasn’t the same this year for Faiyaz Ahmed Mir and his family. Unlike every year, celebrations were muted this year with Mir’s leather business coming to a standstill second time since March 2020.

According to the Society of Indian Automobile Manufacturers (SIAM), demand has been clearly hit due to lower consumer sentiment and dealership closures. The Federation of Automobile Dealers has said that recovery this time could take longer than last year and has added that rural demand has also been hit this time around. To discuss this forward CNBC-TV18’s Parikshit Luthra spoke to Shashank Srivastava, Senior Executive Director of Sales & Marketing at Maruti Suzuki, Vinkesh Gulati, President of Federation of Automobile Dealers Associations of India, Deepak Jain, President of the Automotive Component Manufacturers Association of India and Yadvinder Singh Guleria, Director of Sales & Marketing at Honda Motorcycle and Scooter India.

The bonus will be included along with the March 2021 salary. It is independent of the usual appraisal and increment cycle.

Adani Green Energy announced today that it will acquire SB Energy's 5 GW India renewable power portfolio.