Hero MotoCorp suspends payments to suppliers amid lockdown

The decision comes shortly after the Supreme Court Friday refused to grant an extension for sale of BSIV-compliant vehicles despite the lockdown. The Apex Court has allowed only 10% of BSIV stocks to be sold in 10 days after the lockdown gets over, except in the Delhi-NCR.

from Auto-Industry-Economic Times https://ift.tt/2vW892s