Top business headlines: Maruti sales hit slow lane, GST collection, & more - Business Standard

Top business headlines: Maruti sales hit slow lane, GST collection, & more  Business Standard

Maruti Suzuki sales slip 22% in May, posts sharpest fall in 7 years India’s largest carmaker Maruti Suzuki reported a 22 per cent decline in sales in May, its sharpest fall since August 2012. This is the third consecutive month that the company’s sales have dropped. The top four automakers — Maruti, Mahindra & Mahindra, Tata Motors and Honda Cars India — together sold 229,294 units in the month. Read more here GST collection crosses Rs 1 trillion for third straight month in May Goods and services tax (GST) collection crossed Rs 1 trillion for a third straight month in May, posting over 6 pe...

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