On March 09, 2014 12:09 (IST)
The country's largest car maker's latest assertion comes in the wake of seven major fund houses, who are shareholders, raising red flag over the planned transfer of Gujarat manufacturing plant to Japanese parent Suzuki Motor Co.
On March 05, 2014 20:29 (IST)
Seeking to assuage investor concerns, Maruti Suzuki India Chairman R C Bhargava on Wednesday said the deal to give its Gujarat plant to Suzuki for operations was "beneficial" for the company and issues will get resolved gradually.
On March 05, 2014 16:44 (IST)
Maruti's overall domestic volumes increased 2 per cent year-on-year in February led possibly by strong Celerio volumes, global brokerage Nomura says. Higher than expected volumes helped India's biggest car maker increase its market share to 52 per ce...
On March 04, 2014 14:36 (IST)
The seven fund houses, including ICICI Prudential MF, Reliance MF and UTI MF, may again approach Maruti Suzuki India, and also its Japanese parent firm Suzuki Motor Corporation, over the proposed Gujarat project, sources said.
On March 04, 2014 09:43 (IST)
Maruti Suzuki was the top Nifty loser today and the stock traded 1.4 per cent lower at Rs 1,560 as of 09.25 a.m. Maruti shares underperformed the broader BSE Auto benchmark, which traded 0.32 per cent lower.
On March 03, 2014 19:21 (IST)
The Reserve Bank today notified that the foreign share-holding in Maruti Suzuki India Ltd by Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) has reached the trigger limit of 22 per cent.
On March 03, 2014 14:44 (IST)
Maruti Suzuki India chairman RC Bhargava told NDTV that the Gujarat plant will create a win-win situation for shareholders and the company, but accepted that there is much more distrust and disbelief among investors and shareholders over the automake...
On March 02, 2014 15:54 (IST)
Besides, auto stocks will be in focus amid February sales data trickling in. Maruti Suzuki, Mahindra & Mahindra and Tata Motors sales declined in February, companies said on Saturday.
On March 01, 2014 19:43 (IST)
On the other hand, others including Tata Motors, Toyota Kirlosakar Motor and Mahindra & Mahindra witnessed sales decline during the month.
On March 01, 2014 11:34 (IST)
The company said its domestic sales rose by 1.8 per cent during the month to 99,758 units as against 97,955 units in February, 2013.