India’s Ashok Leyland shares fall 9% after CEO quits

Despite robust second-quarter results, shares of commercial-vehicle manufacturer Ashok Leyland slipped by more than 9% on Wednesday after the company announced the resignation of its chief executive officer. Ashok Leyland shares were trading at 108.30 rupees (down 8.99%) at 12:12pm after touching an intra-day low of 107.55 on the Bombay Stock Exchange on Wednesday. The company’s […]