best Hijack victims locked in freezing refrigerator truck.
Police rescued a truck driver and his two assistants from freezing to death inside their abandoned refrigerator truck following a hijacking. File photo. Image: iStock A truck driver and his two assistants were rescued by police from freezing to death inside their abandoned refrigerator truck following a hijacking outside East London on Thursday afternoon. Cambridge police spokesperson Captain Mluleki Mbi said the three men were locked inside the truck‚ which was then driven away and abandoned with the men inside the fridge. He said two armed thugs had apparently attacked the truck. Mbi said the truck was hijacked on the N2 near the Gonubie offramp. The driver and his assistants were robbed of their cellphones and money before being forced into the back. The truck was found 20km from where it was hijacked. Mbi said the truck had been en route to Mthatha to offload energy drinks and juice With rupee crossing 72 against the dollar, wondering whether prices of televisions, refrigerators, washing machines and microwave ovens are set for another round of price hike? It is unlikely to happen anytime soon, with
makers having already hiked prices by up to 5% last month due to the rupee depreciation benchmarking it at around Rs 72 against the dollar.
For the industry the challenge is also to generate demand during the up-coming festive season considering the last month price hike already wiped out some of the gains which came from the recent reduction in goods and services tax (GST) rates on refrigerators, washing machines and some other household appliances from 28% to 18%. And on top of that, sales during Onam in Kerala — which typically heralds the festive season — was a complete washout due to the natural calamity there, three senior industry executives said. Hence, the white goods industry has decided they will absorb any further depreciation of rupee against the dollar at least till Rs 74-75. The industry has also imported the components and placed order for imported products at an exchange rate of Rs 72 and hence expects to tide over the situation at least till the festive season. Godrej Appliances business head Kamal Nandi said the industry will absorb any further depreciation of rupee so that the festive season sentiments are not affected. “We are keeping an eye. However, since the components and products are already there, we expect no further changes in pricing till Diwali,” he said.
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India CEO Manish Sharma said in order to ensure positive sentiment across consumers during the upcoming festival season, we are trying to hold the cost impact on prices. “However,