On September 01, 2014 11:21 (IST)
Domestic sales during the month stood at 98,304 units, up 29.3 per cent from 76,018 units in August of previous year, Maruti Suzuki India (MSI) said in a statement.
On September 01, 2014 11:04 (IST)
Domestic sales of the company grew over 29 per cent y-o-y to 98,304 units supported by strong growth in its compact car segment. The compact car segment of Maruti which included models like Swift, Ritz, Celerio and Dzire registered a y-o-y growth of ...
On September 01, 2014 10:29 (IST)
The Nifty opened higher on Monday as indicated by futures trade on Singapore Stock Exchange. Foreign investors had sold stocks worth Rs 711 crore in cash market on last Thursday. However domestic investors remained net buyers, as they bought shares w...
On August 31, 2014 13:45 (IST)
Maruti Suzuki India is confident of getting approval from minority shareholders to let parent Suzuki Motor Corp own and invest in its Gujarat facility and has no second option.
On August 29, 2014 15:19 (IST)
After imposing a penalty of Rs 2,545 crore on 14 carmakers for unfair trade practices, the Competition Commission of India (CCI) on Friday said it wanted to ensure that spare parts maintenance market gets less expensive for consumers.
On August 29, 2014 11:52 (IST)
On the significance of having temporary workers, Mr. Bhargava said a certain percentage of the total workforce need to be non-permanent to cater for the fluctuations and demands in the auto industry.
On August 28, 2014 13:39 (IST)
Maruti Suzuki India is looking at nearly doubling the number of models to 25, including entry into SUV and LCV segments, as it aims a sales target of 3 million cars annually.
On August 27, 2014 23:56 (IST)
Maruti Suzuki India, the country's largest carmaker, on Wednesday said it would challenge the penalty imposed on it by Competition Commission of India (CCI) for violation of trade norms in the spare parts market.
On August 26, 2014 17:02 (IST)
Maruti is seen most impacted after being fined Rs 470 crore.
On August 26, 2014 17:08 (IST)
The Competition Commission of India has the answer in a 215-page report, where it has pulled up all 14 car makers for "violating trade norms in the spare parts markets" and has imposed a penalty of Rs 2,545 crore on them.
On August 26, 2014 16:10 (IST)
The fine has been calculated as 2 per cent of car makers' average turnover and the penalty is to be deposited within 60 days.
On August 26, 2014 01:50 (IST)
The Delhi High Court on Monday reserved its ruling on Haryana's plea challenging its order restraining the state from prosecuting carmaker Maruti for not having prior environment clearance (EC) for its unit in Rohtak.
On August 26, 2014 11:34 (IST)
In the first major order against the auto sector, the Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 carmakers, including Maruti Suzuki and Tata Motors, for violating trade norms in the spare parts market.
On August 25, 2014 10:53 (IST)
Credit Suisse called Maruti the "top pick" in Indian autos, while retaining its "outperform" rating.
On August 25, 2014 08:26 (IST)
Financials could outperform as weakness in oil, lower-than-expected inflation and strength in rupee will see bond yields softening, which indirectly increase banks' treasury gains.
On August 25, 2014 09:26 (IST)
In the latest list for the year 2014, ITC is followed by engineering and infrastructure major Larsen and Toubro (L&T), another FMCG giant Hindustan Unilever, carmaker Maruti Suzuki and public sector bank SBI among the top five most admired companies ...
On August 22, 2014 15:42 (IST)
Maruti Suzuki India, the country's largest carmaker, expects voting by minority shareholders to happen sometime in October for approval of its plans to let parent Suzuki Motor Corp own a proposed new plant in Gujarat.
On August 19, 2014 09:09 (IST)
Indian markets surged to new highs with all round improvement in breadth & volumes on Monday. Global cues are benign as Asian indices join global rally. Indian equities look slightly overbought but could see Nifty extend till 8,000 in this momentum.
On August 15, 2014 18:02 (IST)
The company, which is investing Rs 2,000 crore on a research and development facility, including a test track, at Rohtak in Haryana, will enter the SUV and MUV (multi-utility vehicle) segment "with full bandwidth" in the next few months.
On August 12, 2014 08:32 (IST)
Indian markets likely to see gains on opening as global cues were benign and were oversold. However expect re-emergence of profit booking in 2nd half of trading day as foreign investor's selling continues against collateral risk on overseas assets.