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Maruti Gujarat unit suspense lingers

Oct 24, 2014 at 07:27 | Source: Calcutta Telegraph News

Mumbai, Oct. 23 (PTI): Domestic financial institutions led by state-owned LIC and mutual funds, who together hold around 14.49 per cent in Maruti Suzuki, are likely to firm up their stance on Maruti’s Gujarat plant after the auto major’s...

Reforms light up stocks

Oct 21, 2014 at 23:42 | Source: Calcutta Telegraph News

Mumbai, Oct. 20: Diwali arrived early on the bourses today, with the Sensex surging 321 points on the back of diesel deregulation and the ruling BJP’s victory in two states. The removal of diesel price controls and a rise in natural gas prices...

Former Maruti man joins Tata Motors

Sep 30, 2014 at 12:57 | Source: Calcutta Telegraph News

New Delhi, Sept. 29: Tata Motors today announced the appointment of former Maruti Suzuki chief operating officer (marketing and sales) Mayank Pareek as president of its passenger vehicle business division. Pareek will join the company on October 1, ...

Mutual Funds eye Maruti Suzuki s cash pile, divided on Suzuki proposal

Sep 30, 2014 at 03:25 | Source: Economic Times

MUMBAI: Domestic mutual fund managers, who are against the plan to allow Suzuki Motor to develop the Gujarat plant instead of its arm Maruti Suzuki, face a predicament. The dilemma is whether to stick to their stand or to give in, keeping in mind bus...

India has potential to become world's biggest car maker: Kenichi Ayukawa, Maruti Suzuki

Sep 25, 2014 at 12:47 | Source: Economic Times

NEW DELHI: Stating India has the potential to become the biggest car manufacturer of the world, country's top car maker Maruti Suzuki today hoped factors adversely affecting competitiveness of manufacturing will be removed quickly, in line with Prime...

Compact hatchback cars like Swift and Grand i10 lure first-time buyers

Sep 25, 2014 at 04:47 | Source: Economic Times

NEW DELHI: First-time buyers are returning to the car market and lapping up more premium hatchbacks like the Swift, Celerio and i10 Grand than the entry-level models they preferred in the past. Sales of entry-level or mini cars, a segment ruled by M...

Maruti's hold on best selling car models in India continues

Sep 22, 2014 at 19:52 | Source: Economic Times

NEW DELHI: Country's largest car-maker Maruti Suzuki India continues its dominance on the Indian roads, with its four models, led by entry-level small car Alto, heading the top ten best sellers list in April-August period this fiscal. According to th...

Maruti voting by minority shareholders in Gujarat plant likely in November: Chairman, Maruti Suzuki India

Sep 19, 2014 at 10:12 | Source: Assocham

Chairman, Maruti Suzuki India Ltd, Mr R.C. Bhargava today said at an ASSOCHAM meeting about voting by minority shareholders in Gujarat plant will take place in November instead of October. Addressing the interactive session on Asia Monozukuri Confer...

Maruti vote on Gujarat plant delayed

Sep 19, 2014 at 04:22 | Source: Calcutta Telegraph News

New Delhi, Sept. 18: Voting by the minority shareholders of Maruti over Japanese parent Suzuki owning the Gujarat plant is likely to happen only in November and not in October, as envisaged earlier. “It is a long procedure and we have not been...

Key Maruti man quits

Sep 18, 2014 at 04:37 | Source: Calcutta Telegraph News

New Delhi, Sept. 17 (PTI): Maruti Suzuki India’s marketing and sales head Mayank Pareek has quit the company after nearly 20 years of service at the country’s largest car maker. Pareek, who is designated chief operating officer (marketin...

How Global and Indian carmakers are shaping the quantity and quality of India's R D pool

Sep 12, 2014 at 05:17 | Source: Economic Times

It's a long journey from the temple of automobile technology to the land of temples, from Germany to India, from crafting technology for top-end vehicles to doing the same for low-end two-wheelers. Twenty-five years after he entered the hallowed tom...

Strong pitch for rating upgrade

Sep 09, 2014 at 08:47 | Source: Calcutta Telegraph News

New Delhi, Sept. 8: The finance ministry today made out a case for an upgrade of India’s sovereign ratings at a meeting with economists from rating agency Moody’s. The ministry argued that India was headed for a strong economic recovery ...

Tihar inmates to work in car parts manufacturing unit inside jail

Sep 07, 2014 at 11:11 | Source: FirstPost

New Delhi: For the first time in the country, a jail will cater to the production unit of India's leading car makers under a public-private partnership, providing training and better employment opportunities to the inmates.The Director General of Del...

Analysts not much excited about the prospects of Maruti Ciaz; sales of 2,000 units a month critical to beat competition

Sep 06, 2014 at 04:42 | Source: Economic Times

Analysts tracking Maruti Suzuki aren't too excited about its latest offering, the Ciaz sedan. But they expect the SX Cross, a utility vehicle that India's top car maker is readying for launch, to be a potential winner. Analysts ET spoke to predict th...

Rupee route for Maruti royalty bill

Sep 05, 2014 at 19:52 | Source: Calcutta Telegraph News

New Delhi, Sept. 4: Maruti Suzuki India today said it would pay a royalty on its future models to parent Suzuki Motor Corp in rupees instead of the Japanese yen to limit risks from foreign exchange fluctuations. At its annual general meeting today, ...

Maruti ready with new sedan

Sep 03, 2014 at 04:12 | Source: Calcutta Telegraph News

New Delhi, Sept. 2: Maruti Suzuki India will open bookings for the mid-sized sedan Ciaz from tomorrow. Unveiled at this year’s auto expo, the car will replace the SX4 that was launched in 2007. It will compete with segment leaders such as Hond...

Over 300 stocks touch 52-week high as Sensex conquers 27,000 mark

Sep 02, 2014 at 20:12 | Source: Economic Times

MUMBAI: Helped by a smart rise in the Sensex that surpassed the 27,000-mark for the first time, more than 300 stocks hit their one-year high level on the BSE today. As many as 323 stocks touched 52-week high in an overall robust stock market where th...

August car sales show healthy growth

Sep 02, 2014 at 09:32 | Source: Calcutta Telegraph News

New Delhi, Sept. 1: Car makers such as Maruti Suzuki India, Honda Cars India, Hyundai and Nissan have posted a healthy growth in sales in August on the back of an improved market sentiment. Maruti Suzuki India witnessed a 29.3 per cent rise in sales...

Car duo to file appeal

Aug 27, 2014 at 13:52 | Source: Calcutta Telegraph News

New Delhi, Aug. 26: Car makers Mahindra Mahindra and Tata Motors today said they would challenge the penalty imposed on them by the Competition Commission of India (CCI). The two companies said they would file appeals against the order �before the...

CCI slaps penalty on 14 car firms

Aug 26, 2014 at 08:52 | Source: Calcutta Telegraph News

New Delhi, Aug. 25: The Competition Commission of India (CCI) today slapped a penalty of Rs 2,554 crore on 14 car makers (see chart) for building a dominant position in the market of spare parts. �Ensuing detailed investigation, the commission fou...

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