Little room for price cuts:Bajaj Auto

Bajaj Auto Ltd’s chairman said on Tuesday the firm’s scope for price cuts was limited by tight margins on motorcycle sales, which were likely to contract in the year to March-end.

Finance Minister Palaniappan Chidambaram earlier called on automakers, hotels, airlines and real estate firms to trim prices to avoid inventory pile-ups and boost the economy. More
Courtesy: economictimes.indiatimes.com

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