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Proxy advisors to recommend vote against Maruti's Gujarat plan

Last Updated: Tuesday, March 18, 2014, 22:01

Maruti Suzuki's problems with regard to its Gujarat project are far from over as some proxy shareholder advisory firms Tuesday said they may recommend to investors to vote against the revised proposal as well.

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 stock rebounds by over 7%

Last Updated: Wednesday, January 29, 2014, 10:34

Shares of Maruti Suzuki India on Wednesday rebounded, surging over 7 percent on value-buying at lower levels after witnessing steep fall yesterday.

Maruti Suzuki acquires land for fourth plant: Report

Last Updated: Monday, January 28, 2013, 09:26

According to the report, the fourth plant will begin production in 2017 and will focus on increasing exports to Europe and the Middle East.

Maruti's Guj plant to be commissioned by middle of 2015

Last Updated: Friday, January 04, 2013, 00:35

Maruti Suzuki's Rs 4,000 crore plant at Bechraji in Mehsana district of north Gujarat is likely to be commissioned by middle of 2015, chief operating officer of the company S Y Siddiqui said Thursday.

Maruti to set up second plant in Gujarat; acquires 600 acres

Last Updated: Saturday, December 22, 2012, 18:23

The company also said it expects about 6-7 percent sales growth in 2013-14 after closing the current fiscal with about 6 percent rise in vehicle sales.

Maruti's November sales jump 12%

Last Updated: Saturday, December 01, 2012, 12:28

The country's largest car maker Maruti Suzuki India (MSI) Saturday reported 12.45 percent increase in its total sales at 1,03,200 units in November.

Maruti may start work on Gujarat facility early next year

Last Updated: Friday, November 30, 2012, 17:36

The company is also mulling to set up a stock yard in Ahmadabad, said S Y Siddiqui, MSL Chief Operating Officer (HR, Finance, IT).

Investing Rs 100 cr on two new plants this fiscal: Sona Group

Last Updated: Wednesday, September 05, 2012, 10:13

Auto component maker Sona Group is setting up two new plants this fiscal at an investment of Rs 100 crore and said it will also set up a dedicated facility to supply parts to Maruti Suzuki's upcoming Gujarat plant.

Osamu Suzuki visits Maruti's Guj plant site

Last Updated: Saturday, August 25, 2012, 18:09

Accompanied by Maruti Suzuki India (MSI) Chairman R C Bhargava, company Managing Director and CEO Shinzo Nakanishi and state government officials, Suzuki inspected the 700-acre site besides meeting local people.

Narendra Modi to persuade Suzuki bosses to shift to Gujarat

Last Updated: Friday, July 20, 2012, 17:00

Modi’s visit is aimed at convincing Suzuki Motor Corporation honchos to substantially scale production at its Gujarat plant from the existing 250,000 cars every year.

Maruti's Q2 net profit dips 60%; plants in Gujarat on the anvil

Last Updated: Saturday, October 29, 2011, 14:56

Maruti Suzuki India on Saturday posted 59.81 percent fall in its net profit at Rs 240.44 crore for the quarter ended September 30, mainly due to production loss at Manesar because of labour unrest and foreign exchange loss.