Indian auto air conditioning manufacturer Subros rose 44% following Union Road Transport Minister Nitin Gadkari’s announcement truck drivers cabins must be fitted with air conditioning. In a speech at a trade show, the minister said he had signed a document stating all cabins for drivers must be air-conditioned, adding: “We must ensure that people who drive the trucks are comfortable.” Subros shares soared as much as 20% to INR521.4 ($7.91) in heavy trading in Mumbai on 19 April. Gadkari made the announcement at the Desh Chaalak auto industry event.
Diwali dhamaka isn’t over! How a Rs 38 lakh crore bull run sent Sensex up 8,000 points and Nifty up 10% in 8 days
India’s Diwali rally has added nearly Rs 38 lakh crore to BSE-listed companies’ market value in just eight trading sessions, with the Sensex surging nearly