India’s third largest two-wheeler manufacturing company, TVS Motor Company recently announced that it has decided to cut employees salaries for a six month period due to the decline in revenue amid the coronavirus lockdown. The company’s Chief Executive Officer KN Radhakrishnan communicated the decision to employees on May 23. With the recent announcement, TVS becomes […]
Tag: TVS Group amid coronavirus
Industrialists and companies across the globe are coming together to fight these unprecedented situations created due to the coronavirus pandemic. Every day companies and leaders are joining the fight against Covid-19, announcing their contribution to contain the further spread of the coronavirus in India and the world. Asian Paints has announced its contribution of Rs. […]
TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers and its Group Companies TVS Credit Services Ltd, Sundaram-Clayton Ltd., and others announced their commitment to donate Rs. 25 Crores to the PM’s Relief Fund (PM-CARES) to aid the battle against COVID-19. This is in line with the company’s recent announcement of Rs 30 crore […]