On August 26, 2015 20:06 (IST)
Leading global carmakers are reviewing their blueprint for India to boost sales and avoid more painful cutbacks, after struggling to win over consumers even as the market swings to growth and dominant local players begin to raise prices.
On August 21, 2015 18:49 (IST)
The company, which has a share of over 45 per cent in the domestic market in the passenger vehicle segment, currently sells a range a vehicles starting from entry-level car Alto 800 to premium crossover S-Cross, priced between Rs 2.52 lakh to Rs 13.74 lakh (ex-showroom Delhi).
On August 19, 2015 10:43 (IST)
Global brokerage Nomura expects falling commodity prices to provide a tailwind to earnings in forthcoming quarters. The drop in food price inflation in July despite a below-normal monsoon suggests that the market might well begin to assign a higher probability to lower rates prospectively, it added.
On August 14, 2015 09:31 (IST)
Dipesh Mehta of Motilal Oswal Securities expects selling pressure to continue for some time, but added that he will take long positions if Nifty corrects to 8,300 levels.
On August 07, 2015 15:23 (IST)
The company, which will have a new manufacturing plant in Gujarat where its parent Suzuki Motor Corp will invest, said Centre alone cannot realise the dream of the country becoming a global manufacturing hub and states would have to play an important role.
On August 05, 2015 16:30 (IST)
Maruti has set a target of nearly doubling its annual sales to 2 million vehicles by 2020, when analysts expect India will become the world's third-largest auto market with sales of more than 5 million vehicles despite sluggishness in recent years.
On August 03, 2015 16:55 (IST)
Maruti shares have witnessed huge run-up in last three months on the back of its improving sales. Its shares have rallied around 18 per cent in last three months against 3 per cent gain in the broader Nifty.
On August 01, 2015 20:40 (IST)
Car sales in India witnessed an upward swing in July with major companies, including market leader Maruti Suzuki, Hyundai, Tata Motors and Honda, posting healthy double-digit growth riding on an improving sentiment and new model launches.
On August 01, 2015 11:56 (IST)
Maruti Suzuki India, the country's largest carmaker, on Saturday reported a 20.1 per cent rise in total sales at 1,21,712 units last month.
On July 30, 2015 19:09 (IST)
Life Insurance Corporation (LIC) has sold an over 2 per cent stake in Maruti Suzuki India, reducing its holding in India's largest carmaker to 6.22 per cent.
On July 29, 2015 18:09 (IST)
Auto major Maruti Suzuki India plans to accelerate new product launches in the country in line with its vision of selling 20 lakh cars per annum by 2020.
On July 28, 2015 20:11 (IST)
The CCI has asked Hyundai to deposit the penalty within 60 days from the order date, and has asked all three carmakers to take corrective measures.
On July 28, 2015 18:27 (IST)
Net sales rose about 18 per cent to Rs 13,080 crore, the company said, as India's car trade continues to grow.
On July 28, 2015 18:03 (IST)
During the quarter, Maruti Suzuki sold a total of 341,329 vehicles, a growth of 13.8 per cent over the same period of the previous year.
On July 26, 2015 12:39 (IST)
Quarterly earnings from blue-chips including ITC, Maruti Suzuki India and ICICI Bank would set the tone for the stock markets, which is expected to remain volatile during the week from July 27 to July 31, in view of derivatives expiry, say experts.
On July 23, 2015 23:58 (IST)
Maruti Suzuki India on Thursday launched retail outlets under Nexa brand to sell premium products as the country's largest carmaker looked to further consolidate its position in the domestic market.
On July 17, 2015 22:51 (IST)
Maruti Suzuki India, the country's largest carmaker, plans to hire around 2,500 relationship managers by the end of this fiscal year for its new retail outlets under Nexa brand to sell premium products, starting with its upcoming S-Cross model.
On July 15, 2015 17:48 (IST)
The Sensex on Wednesday rallied over 265 points to close above the crucial 28,000 mark for the first time since July 7 on across-the-board buying amid fresh capital inflows.
On July 15, 2015 16:02 (IST)
The Sensex and Nifty traded on a strong note on Wednesday tracking gains in the global market. The Sensex jumped as much as 285 points to 28,218 and the Nifty surged nearly 1 per cent to trade firm above psychological level of 8,500.
On July 15, 2015 16:19 (IST)
Prakash Diwan of Altamount Capital Management says markets have enough legs for momentum and real buying is happening in broader markets.