Maruti-Suzuki-India - Latest News on Maruti-Suzuki-India | Read Breaking News on Zee News

Maruti surges 7.6% on plan to seek approval for Gujarat plant

Last Updated: Tuesday, March 18, 2014, 12:51

Shares of Maruti Suzuki India rose 7.6 percent Tuesday after the company decided to seek minority shareholders' approval for the controversial Gujarat plant, which parent Suzuki Motor Corp decided to take over.

Maruti up on plan to seek approval for Gujarat plant

Last Updated: Tuesday, March 18, 2014, 09:51

Maruti stock was up nearly 8 percent at 9.32 a.m.

Guj plant row: institutional investors forum hails Maruti move

Last Updated: Saturday, March 15, 2014, 20:04

Proxy advisory firm Institutional Investor Advisory Services India (IIAS) has welcomed Maruti's decision to put the decision around the controversial Gujarat plant to shareholders vote.

Maruti Suzuki to seek minority shareholders' nod for Guj plant

Last Updated: Saturday, March 15, 2014, 15:39

The decision was taken at a board meeting held here, which lasted for over four hours and attended by parent Suzuki Motor Corp (SMC) Chairman Osamu Suzuki.

Maruti Suzuki to take minority shareholders' approval over Gujarat plant

Last Updated: Saturday, March 15, 2014, 14:10

Maruti has maintained the deal is in the best interests of shareholders and is in compliance with all norms.

Maruti-Suzuki deal: Institutional investors approach SEBI

Last Updated: Thursday, March 13, 2014, 18:08

Maruti Suzuki India Ltd (MSIL) is facing stiff resistance from private sector mutual funds and insurance companies, which own almost 7 percent of the company, for its decision to allow Suzuki Motor to make cars for MSIL at a proposed plant in Gujarat instead of manufacturing the vehicles itself.

Maruti-Suzuki deal: Institutional investors raise new concerns

Last Updated: Tuesday, March 11, 2014, 19:55

Seven mutual fund investors in Maruti Suzuki India Ltd (MSIL), who had earlier written to company Chairman R C Bhargava about their concerns over the deal, have now been joined by nine other institutional investors.

Maruti-Suzuki deal: Decision on Gujarat plant 'right', says Bhargava

Last Updated: Sunday, March 09, 2014, 14:18

Maruti Suzuki has said the decision to transfer the proposed Gujarat plant to Suzuki was "right" and would not impact its manufacturing activities even as the auto major is facing criticism from shareholders.

Maruti Suzuki, Indian Railways launch higher-capacity rakes

Last Updated: Wednesday, March 05, 2014, 22:01

The flexi deck auto-wagon rake was flagged off by Maruti Suzuki Chairman R C Bhargava and Railway Board Chairman Arunendra Kumar at Gurgaon railway station.

FII investments reach trigger limit in Maruti Suzuki India

Last Updated: Monday, March 03, 2014, 19:49

The Reserve Bank on Monday notified that the foreign share holding in Maruti Suzuki India Ltd by Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) has reached the trigger limit of 22 percent.

Maruti fails to allay concerns over Suzuki India plant, shares sink

Last Updated: Friday, February 28, 2014, 13:13

Shares of Maruti Suzuki India Ltd fell as much as 5.5 percent on Friday, after the carmaker sought to allay investor concerns over its plan to source cars from a plant to be built by its parent Suzuki Motor in Gujarat.

Maruti-Suzuki deal: Investors mull further options

Last Updated: Tuesday, February 25, 2014, 20:44

A seven-page letter written by seven mutual funds, including ICICI Prudential MF, Reliance MF and UTI MF, to Maruti Suzuki India Chairman R C Bhargava highlights investor concerns arising from the deal.