MSIL announced that its board of directors has recommended to raise the FII shareholding limit from existing 24 per cent to 40 per cent.
Maruti Suzuki India sold 3,21,898 units of vehicles during Q2, a growth of 16.80 per cent.
A slew of earnings announcements from blue-chips will set the tone for stock markets this week: Experts
Reviving agriculture and manufacturing is the new government’s key challenge.
Maruti Suzuki is the biggest car maker in India by a large margin, and has been for a long time now.
The partnership will see Petronas gain access to Maruti Suzuki’s entire sales and service network.
The Ciaz has already received over 10,000 bookings since September 3, said Maruti’s MD Kenichi Ayukawa.
The Ciaz will be taking the fight against the Honda City, which is by and large the favorite in the segment.
Last year marked a period of lull for the country’s top carmaker Maruti Suzuki…
A lower weight vehicle has better acceleration, better braking and better handling.
Stating India has the potential to become the biggest car manufacturer…
A career Maruti executive, Srivastava had joined the company straight after an MBA from IIM-Ahmedabad in the late eighties.
Sales of Maruti’s entry level cars saw considerable movement, with the Alto sales picking up sharply since April.
Move to insulate company from being exposed to variation in exchange rate.
Among rivals, the City currently sells about 7,000 units a month and the Verna does about 3,000.