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.
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.
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.
Last Updated: Wednesday, March 05, 2014, 21:55
Suzuki last month decided to take over Maruti's proposed plant in Gujarat and invest in the unit through wholly-owned unit Suzuki Motor Gujarat Pvt Ltd.
Last Updated: Wednesday, March 05, 2014, 21:25
At the NSE, the car-maker's scrip rose by 1.53 percent to settle at Rs 1,621.90.
Last Updated: Tuesday, March 04, 2014, 11:01
Shares of Maruti Suzuki fell 1.6 percent after the Reserve Bank of India on Monday restricted purchases of shares in the company by foreign investors.
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.
Last Updated: Saturday, March 01, 2014, 12:11
Country's largest car-maker Maruti Suzuki India (MSI) on Saturday reported a marginal decline in total sales at 1,09,104 units in February, against 1,09,567 units in the same month last year.
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.
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.
Last Updated: Sunday, February 23, 2014, 02:40
The car was launched at a starting price of Rs 3.90 lakh (ex-showroom, Delhi).
Last Updated: Wednesday, February 19, 2014, 19:01
Finance Minister P Chidambaram proposed the excise duty cuts on February 17 "to give relief to the automobile industry, which is registering unprecedented negative growth."
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