Maruti losing 30 million rupees a day on labor dispute
Maruti Suzuki India Ltd., the nation's biggest carmaker, said it was losing about 30 million rupees a day at its Manesar factory because of a labor dispute that has led to a production halt.
The rupee lost 15 paise to 52.21 per dollar in early trade on the Interbank Foreign Exchange amid appreciation of the American currency against the euro and other rivals overseas and a weak opening in the domestic equity market.