Maruti Suzuki India Ltd chairman RC Bhargava said on Tuesday that the company had not renewed the contracts of 3,000 temporary employees, as the automaker battled rising inventory amid a slowdown in demand. Safety norms and higher taxes have "added substantially" to the cost of cars, affecting their affordability, Bhargava told shareholders at the company's annual general meeting.Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
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