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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.

Suzuki deal over Gujarat plant beneficial for MSIL: Bhargava

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.

Maruti Suzuki shares up over 1.5% on bourses

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.

Maruti Suzuki falls; RBI limits FII purchases

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.

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 Suzuki sales decline marginally in February

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.

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.

Maruti Celerio to now costs Rs 3.76 lakh

Last Updated: Sunday, February 23, 2014, 02:40

The car was launched at a starting price of Rs 3.90 lakh (ex-showroom, Delhi).

Maruti, Hyundai, Mahindra lower prices after excise duty cut

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."