Shares of Maruti Suzuki India (MSIL) jumped 4% on Wednesday to hit a fresh 52-week high of Rs 12,722.70 on the NSE. The company also entered the coveted club of stocks with a market capitalisation of Rs 4 lakh crore. Currently, there are 13 other stocks with a market capitalisation of Rs 4 lakh crore … Read more
Shashank Srivastava, Executive Director, Maruti Suzuki India Ltd, says “the transformation of Maruti Suzuki is one of the biggest achievements of the company. Of course, we have contributed hugely to the Indian manufacturing sector. We are the leaders in the automobile for the last 40 years of its existence. But it goes beyond that and … Read more
Indian market is expected to open higher on Wednesday tracking positive global cues. The Nifty50 closed flat on Tuesday with a positive bias. The volatility index India VIX has dipped by nearly 2% to close at 13.64 after trading in a narrow range of 14.19-13.57 on Tuesday. The Nifty50 closed flat in the previous trading … Read more
Prime Minister Narendra Modi on Tuesday inaugurated India’s first automobile in-plant railway siding project of Maruti Suzuki India at its plant in Hansalpur, Gujarat. During his Gujarat trip, Modi also laid the foundation stone for railway projects worth ₹85,000 crore, including the launch of 10 new Vande Bharat trains. Maruti Suzuki is looking to increasingly … Read more
Under Chairman N Chandrasekaran, Tata Sons has been planning consolidation by halving the number of listed companies to nearly 15 from 29 to focus on investing in fewer but bigger entities that can ably compete in the marketplace. He had told ET in an interview in 2017 that he also wanted to bring down the … Read more
Mumbai: Tata Motors Ltd will split into two listed businesses comprising the commercial vehicle and the passenger vehicle businesses that includes its British luxury car unit Jaguar Land Rover (JLR). Separation of the two businesses will help them capitalise on the opportunities and enhance focus and agility, N Chandrasekaran, chairman, Tata Motors said in a … Read more
Mumbai: Tata Motors Ltd will split into two listed businesses comprising the commercial vehicle and the passenger vehicle businesses that includes its British luxury car unit Jaguar Land Rover (JLR). Separation of the two businesses will help them capitalise on the opportunities and enhance focus and agility, N Chandrasekaran, chairman, Tata Motors said in a … Read more
Maruti Suzuki India is gearing up for a strong SUV push with at least six out of ten new models planned for the next three years starting FY25 being sports utility vehicles (SUVs), reinforcing the Japanese carmaker’s strong intent to sharpen focus on the vehicle body type amid a rapid shift in buyer preference. The … Read more
Passenger vehicle makers in February are estimated to dispatch 360,000 units to their dealers, the highest ever for February in any year. Sustained demand, coupled with new model launches, is likely to notch up sales by 8% year-on-year, as per industry estimates. It would be the first time in seven years when February will see … Read more
New Delhi, There is no other country in the world better placed than India in terms of future growth, Maruti Suzuki India Chairman RC Bhargava said on Monday. Speaking at an event here, the veteran industry leader noted that the country needs to get rid of the old baggage of various defunct laws, regulations and … Read more
