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.
On July 15, 2015 16:43 (IST)
Brokerage Credit Suisse has increased its target price on Maruti Suzuki to Rs 5100, maintaining its outperforming rating on the stock.
On July 15, 2015 15:56 (IST)
The markets continued to trade on a strong note in the late noon deals. The Sensex was up 272 points at 28,205 and the Nifty advanced 74 points to 8,528.
On July 09, 2015 17:44 (IST)
Car sales in India grew 1.53 per cent in June, the slowest in five months, with the Society of Indian Automobile Manufacturers (SIAM) singling out annual plant maintenance shutdowns putting the brakes on growth.
On July 07, 2015 16:54 (IST)
Car market leader Maruti Suzuki India is confident of posting a double-digit growth this fiscal despite high interest rates and customers staying away from buying new vehicles in rainy season affecting demand
On July 07, 2015 12:41 (IST)
General Secretary of Maruti Employees Union Kuldeep Janghu was suspended after he allegedly slapped an officer today afternoon. "He was suspended at around 9:30PM today," a company spokesperson said.
On July 05, 2015 15:39 (IST)
The company that has set a target of selling two million units annually by 2020 with around 25 models, expects the Nexa network to contribute a significant amount to its sales and will open 100 dealerships under it in 30 cities by the end of ongoing fiscal.
On July 01, 2015 19:25 (IST)
Domestic car sales were in a slow lane last month with major manufacturers Maruti Suzuki India and Hyundai posting single digit growth as the auto industry continued to face challenging times.
On July 01, 2015 12:05 (IST)
The company said its domestic sales increased 1.6 per cent in the month to 1,02,626 units as against 1,00,964 units a year ago.
On June 30, 2015 19:14 (IST)
Suzuki Motor Corp's 85-year-old CEO Osamu Suzuki named his eldest son as the new president of Japan's fourth-biggest automaker, easing investor concerns over the firm's succession plan, and boosting the company's shares by more than 5 per cent.
On June 04, 2015 20:27 (IST)
As part of its work on future technologies under the government's National Electric Mobility Mission Plan 2020 (NEMMP), it has demonstrated the Swift Range Extender (REEV), an electric vehicle with an engine driven generator.
On June 03, 2015 17:08 (IST)
Deficient monsoon is a cause of worry and could affect sales in some parts of the country, especially in rural market, according to car market leader Maruti Suzuki India.