Search result for 'maruti suzuki'

PM Internship Scheme: Over 90,800 Opportunities Available

October 11, 2024 21:26

Over 90,800 internship opportunities are available on the Prime Minister Internship Scheme portal, with 193 companies offering roles across 24 sectors and 737 districts. The scheme aims to provide...

Sensex Falls 230 Points, Markets Settle Lower Ahead of Key Macro Data

October 11, 2024 16:20

Indian stock markets closed lower on Friday as investors turned cautious ahead of key macro data, with the Sensex falling 230 points. Selling in banking, utility and financial stocks, mixed global...

Sensex, Nifty Rise on Banking Stocks, Global Cues

October 10, 2024 17:43

Indian stock markets, Sensex and Nifty, closed higher on Thursday, driven by gains in banking and power stocks, supported by positive global market trends.

Sensex, Nifty Rise on Banking, Power Gains

October 10, 2024 16:14

Indian stock indices Sensex and Nifty closed higher on Thursday due to gains in banking, power, and industrial stocks, driven by positive global market sentiment. The gains were led by companies...

Maruti Suzuki Automates 12 Driving Test Tracks in UP

October 9, 2024 19:36

Maruti Suzuki India Ltd has partnered with Uttar Pradesh to automate 12 additional driving license test tracks, aiming for more scientific and transparent testing to enhance road safety.

Sensex Closes Lower After RBI Keeps Rates Unchanged

October 9, 2024 17:48

The Sensex reversed its gains and closed lower by 167 points on Wednesday, as profit-taking in select blue-chips outweighed the RBI's neutral stance on interest rates.

Sensex, Nifty Close Lower on RBI Rate Stance

October 9, 2024 16:16

Indian stock markets closed lower on Wednesday despite the RBI's neutral stance on interest rates. Reliance Industries, ITC, and HDFC Bank saw late selling, while Tata Motors, Tech Mahindra, and...

Hyundai India's Record IPO: Rs 27,870 Cr Offer, Valuation at Rs 1.6 Lakh Cr

October 9, 2024 15:10

Hyundai Motor India to launch India's largest IPO, raising Rs 27,870 crore and aiming for a Rs 1.6 lakh crore valuation. The IPO opens on October 15th.

Hyundai Motor India IPO: Rs 27,870 cr, Opens Oct 15

October 9, 2024 13:30

Hyundai Motor India to launch Rs 27,870 crore IPO on Oct 15, with a price band of Rs 1,865-1,960 per share. This will be the largest IPO in India, surpassing LIC's Rs 21,000 crore share sale.

RBI Policy Boosts Auto, Realty, Bank Stocks

October 9, 2024 12:37

Indian auto, realty, and bank stocks surged after the Reserve Bank of India shifted its monetary policy stance to 'neutral', hinting at potential rate cuts. The BSE Auto, Realty, and Bankex...

RBI Monetary Policy Decision Boosts Indian Markets

October 9, 2024 10:05

Indian stock markets climbed on Wednesday ahead of the Reserve Bank of India's monetary policy decision, with gains driven by banking and IT sectors. FIIs offloaded equities, while DIIs bought,...

Festive Season Boost: Carmakers Expect Robust Sales

October 6, 2024 11:21

Indian carmakers are optimistic about robust sales during the festive season, hoping to revive buyer sentiment and drive growth after a challenging period.

Hyundai Motor India IPO: Rs 25,000 Cr Launch on Oct 14

October 3, 2024 17:28

Hyundai Motor India's Rs 25,000 crore IPO is set to launch on October 14th, marking the largest IPO in India since LIC's share sale.

Maruti Suzuki Sales Up 2% in September | 1,84,727 Units

October 1, 2024 17:28

Maruti Suzuki India reported a 2% rise in total sales to 1,84,727 units in September 2023, driven by growth in utility vehicles and vans. Domestic passenger vehicle sales declined by 4%.

Hyundai Motor India IPO Approved by Sebi

September 25, 2024 12:14

Hyundai Motor India receives Sebi approval for its initial public offering (IPO), marking a significant milestone for the Indian auto industry. The IPO will be an Offer-for-Sale (OFS) of shares by...

India's Top 75 Brands Value Rises 19% to $450.5 Billion: Kantar BrandZ Report

September 19, 2024 20:35

The combined valuation of India's top 75 brands surged by 19% to $450.5 billion, driven by strong performance in financial services and technology. TCS topped the chart for the third consecutive year.

Lumax Acquires Majority Stake in Greenfuel Energy Solutions

September 14, 2024 19:31

Lumax Auto Technologies acquires majority stake in Greenfuel Energy Solutions, entering the green and alternate fuels market. The acquisition aims to leverage the growth of CNG vehicles and drive...

Maruti Suzuki Aims to Sell 6 Lakh CNG Units in FY24

September 12, 2024 12:54

Maruti Suzuki targets to sell 6 lakh CNG vehicles in FY24, an increase of 25% over last year. The company has expanded its CNG model range with the launch of the Swift S-CNG. Maruti Suzuki...

Maruti Suzuki Gears Up for EV Launch, Plans Holistic Ecosystem

September 10, 2024 15:41

Maruti Suzuki India is setting up a comprehensive EV ecosystem, including charging infrastructure and resale avenues, ahead of its first electric vehicle launch in early 2024.

Maruti Suzuki Aims for Significant Export Growth by 2030

September 10, 2024 14:25

Maruti Suzuki plans to significantly increase its exports by 2030, aiming for multiple times growth in overseas shipments. The automaker is also focusing on developing electric vehicles and...

Maruti Suzuki: Local Electronics Ecosystem Crucial for Automotive Industry

September 9, 2024 14:14

Maruti Suzuki CEO stresses the need for a robust local electronics ecosystem in India to reduce reliance on imports, drive affordability, and enhance competitiveness in the automotive sector.

Maruti Donates Rs 3 Cr to PM CARES for Flood Relief

September 3, 2024 18:52

Maruti Suzuki India has contributed Rs 3 crore to the PM CARES fund for flood relief across various states. The company aims to support the government's relief and rebuilding efforts.

Customer Experience Index: Kia, Audi Top FADA Study

September 3, 2024 18:51

Kia and Audi lead customer experience in mass market and luxury segments, respectively, according to a new FADA and Frost & Sullivan study.

Tata Motors Curvv: Mid-Size SUV Coupe Launched, Eyes Gains in Competitive Segment

September 2, 2024 18:10

Tata Motors enters the highly competitive mid-size SUV market with the launch of Curvv, a coupe SUV offering petrol, diesel, and electric variants. The company aims to grow its market share in the...

Maruti Suzuki Cuts Prices of Alto K10, S-Presso

September 2, 2024 10:34

Maruti Suzuki has reduced prices of select trims of the Alto K10 and S-Presso models. The price of the S-Presso LXI Petrol has been reduced by Rs 2,000 and the Alto K10 VXI Petrol by Rs 6,500.

Maruti Suzuki, Hyundai Sales Dip in August: Automakers Cut Dispatches

September 1, 2024 19:24

Maruti Suzuki, Hyundai, and Tata Motors reported lower vehicle dispatches in August due to declining demand and inventory management. Read more about the industry trends and impact on sales.

Maruti Suzuki Sales Dip 4% in August - 1,81,782 Units

September 1, 2024 12:52

Maruti Suzuki India reported a 4% decline in total sales in August, reaching 1,81,782 units. Domestic passenger vehicle wholesales dipped 8%, while exports rose.

Maruti Suzuki Faces Delay in New Plant Site, Focuses on Small Cars

August 27, 2024 12:55

Maruti Suzuki Chairman RC Bhargava discusses delays in finalizing a new plant site, reiterates the company's commitment to small cars, and outlines its EV roadmap.

Maruti Suzuki Chief: India's Growth Fueled by Continuity & Democracy

August 27, 2024 11:30

Maruti Suzuki Chairman R C Bhargava highlights the continuity of government and policies as key drivers of India's sustained high growth, emphasizing the compatibility of democracy and economic...

MSI Expands Nexa Network: 100 New Outlets in Smaller Cities

August 23, 2024 19:13

Maruti Suzuki India plans to expand its Nexa sales network to 650 outlets, with 100 new outlets planned for smaller cities. The move aims to enhance reach and cater to growing demand in Tier II and...

Maruti Suzuki to Hike Deferred Tax Liability by Rs 850 cr

August 17, 2024 20:37

Maruti Suzuki India will increase its deferred tax liability provision by Rs 850 crore due to the removal of indexation benefit on debt mutual funds. The one-time impact will be felt in the second...

Mahindra Thar Aims for Mid-Size SUV Leadership

August 15, 2024 15:34

Mahindra targets top spot for its Thar range in the rapidly growing mid-size SUV segment within the next 3-5 years, with the launch of the five-door Thar Roxx and plans for further expansion.

Maruti Suzuki Gets Rs 3.8 Crore Show Cause Notice from Customs

August 14, 2024 13:19

Maruti Suzuki India received a show cause notice from customs demanding payment of Rs 3.8 crore in differential duty. The company claims no major impact on its operations.

India Business News: Rupee Flat, Sensex Tumbles, Vedanta Stake Sale

August 13, 2024 21:00

Get the latest Indian business news, including market updates, company announcements, and economic developments. Find insights on the rupee, Sensex, Vedanta, and more.

Maruti Suzuki Exports Fronx SUV to Japan, Boosts 'Brand India' - Goyal

August 13, 2024 16:17

Maruti Suzuki's export of its Fronx SUV to Japan marks a significant milestone for 'Brand India', showcasing Indian manufacturing prowess. The first consignment of over 1,600 vehicles left for...

Maruti Suzuki Exports Fronx SUV to Japan

August 13, 2024 11:37

Maruti Suzuki commences export of its Fronx SUV to Japan, marking its second model after Baleno. The first consignment of over 1,600 vehicles left for Japan from Gujarat.

Tata Motors Confident on EV Future, Launches Curvv EV

August 7, 2024 19:04

Tata Motors remains optimistic about the long-term EV market despite recent sales dips. The company launched the Curvv EV, aiming for 1 lakh EV sales this year.

Maruti Suzuki Awaits Clean Tech Policy for Electric Cars

August 4, 2024 13:46

Maruti Suzuki Chairman RC Bhargava calls for a policy framework promoting clean technologies to replace petrol and diesel cars with electric vehicles and other alternatives.

Sensex Tanks 885 Points, Nifty Falls From 25K: Weak US Data Triggers Global Rout

August 2, 2024 17:26

The BSE Sensex plunged 885 points on Friday, triggered by weak US data, as profit-taking hit metal, auto and IT stocks. The broader Nifty also retreated from its record 25,000 level.

Sensex Tumbles 850 Points: Markets Snap 5-Day Rally

August 2, 2024 16:14

Indian stock markets witnessed a sharp decline on Friday, with Sensex plunging over 850 points, as investors pulled back from riskier assets following weak US job data and global sell-off.

Sensex, Nifty Fall on Global Cues: Market Update

August 2, 2024 10:14

Indian stock markets, Sensex and Nifty, tumbled in early trade due to profit booking and weak global cues. Selling in Reliance and ICICI Bank also weighed on sentiment.

Maruti Suzuki, Hyundai Sales Drop in July: Weak Demand Hits Automakers

August 1, 2024 19:42

Maruti Suzuki and Hyundai reported a decline in wholesales in July, citing weak demand. Other automakers like Tata Motors also saw sales dip, while Mahindra & Mahindra and Kia India recorded growth.

Sensex Hits New High, Nifty Crosses 25,000 on Fed Rate Cut Hopes

August 1, 2024 17:24

Indian benchmark indices Sensex and Nifty surged to record highs on Thursday, fueled by hopes of a US Fed rate cut by September. Banking and oil shares led the gains.

Maruti Suzuki Sales Decline 3.63% in July 2024

August 1, 2024 16:36

Maruti Suzuki India reported a 3.63% decline in total sales to 1,75,041 units in July 2024 compared to the same month last year. Domestic passenger vehicle sales also saw a drop.

Sensex & Nifty Hit Record Highs: Markets Close Above 25k

August 1, 2024 16:08

Indian stock markets soared for the 5th consecutive day, with Sensex and Nifty closing at record highs. HDFC Bank and Reliance Industries led the gains.

Maruti Suzuki Stock Hits 52-Week High on Strong Q1 Results

August 1, 2024 11:18

Maruti Suzuki India's shares surged over 2% after the automaker reported a 47% jump in net profit for the June quarter, driven by cost reductions and favorable market conditions.

BSE Market Cap Hits Record High of Rs 462.38 Lakh Cr

July 31, 2024 19:44

The market capitalisation of BSE-listed companies reached a lifetime peak of Rs 462.38 lakh crore on Wednesday, driven by a four-day rally in benchmark indices. Investors' wealth climbed Rs 5.45...

Sensex Hits Record High: Metal, Power Shares Gain

July 31, 2024 17:24

Indian stock markets rise for the fourth consecutive day, driven by gains in metal, power and select auto shares, ahead of the Fed's interest rate decision.

Stock Market Rises for 4th Day: Metal, Power Shares Gain - PTI

July 31, 2024 16:10

Indian stock markets closed higher for the fourth consecutive day, with metal, power, and select auto shares driving gains. Sensex and Nifty hit all-time closing highs.

Maruti Suzuki Profit Soars 47% in Q1: Rs 3,650 Cr

July 31, 2024 15:55

Maruti Suzuki India reported a 47% jump in its net profit to Rs 3,650 crore for the April-June quarter, driven by cost reduction, favorable commodity prices, and foreign exchange gains.

BSE Market Cap Hits All-Time High at Rs 460 Lakh Crore

July 30, 2024 18:53

Indian stock markets reach new highs, with the BSE market capitalization hitting a record Rs 460 lakh crore driven by strong equity performance. Read more about the key drivers and market trends.

Sensex, Nifty Hit Record Highs on Tata Motors, HDFC Bank Gains

July 30, 2024 17:14

Sensex and Nifty extended their rally for the third consecutive day, driven by gains in Tata Motors and HDFC Bank. The indices closed at record highs, with the BSE Sensex hitting 81,455.40 and the...

Sensex, Nifty Hit Record Highs on Tata Motors, HDFC Bank Gains

July 30, 2024 16:20

Indian stock markets closed at record highs on Tuesday, driven by gains in Tata Motors and HDFC Bank. Sensex rose 0.12% to 81,455.40, while Nifty gained 0.09% to 24,857.30.

Maruti Suzuki Hit With Rs 779.2 Cr Tax Demand

July 26, 2024 19:50

Maruti Suzuki India Ltd has received a Rs 779.2 crore tax demand from the Income Tax authority for the financial year 2019-20. The company plans to appeal the order.

Maruti Suzuki Production Halted Due to Microsoft Outage

July 19, 2024 17:52

Maruti Suzuki production and despatch operations were briefly halted due to a global Microsoft IT outage, but operations have resumed. The company does not anticipate any material impact.

Suzuki Tech Strategy: Light Vehicles, Small Batteries, SDV

July 17, 2024 10:25

Suzuki outlines its technology strategy for the next 10 years, focusing on light vehicles, small batteries for EVs, and software-defined vehicles (SDV).

India Auto Exports Surge 15.5% in Q1: SIAM Data

July 14, 2024 10:25

India's automobile exports rose 15.5% year-on-year in the June quarter, led by passenger vehicles and two-wheelers, according to SIAM data. Read more about the export performance and key players.

Maruti: UP Tax Sop's Recognizes Hybrid Vehicles

July 9, 2024 20:57

Maruti Suzuki's RC Bhargava praises UP's hybrid vehicle tax waiver, highlighting the importance of multiple technologies for emission reduction and oil import reduction.

BSE Market Cap Hits Record High of Rs 451.27 Lakh Cr

July 9, 2024 17:28

The market capitalisation of BSE-listed firms reached a new lifetime high of Rs 451.27 lakh crore on Tuesday, driven by strong performance of index heavyweights and positive global factors....

Sensex, Nifty Hit All-Time Highs: Auto, FMCG Drive Gains

July 9, 2024 17:10

India's benchmark indices Sensex and Nifty surged to new closing highs, driven by gains in auto and FMCG sectors and positive FII inflows. Maruti Suzuki, Mahindra & Mahindra, Titan, Sun Pharma,...

Auto Stocks Surge: Maruti Up 7% on Hybrid Tax Waiver

July 9, 2024 16:45

Auto stocks rallied on Tuesday, with Maruti Suzuki surging nearly 7% after the UP government announced a road tax waiver on hybrid cars. Mahindra & Mahindra, Hero MotoCorp, and other automakers...

Sensex, Nifty Hit All-Time Highs: Maruti Leads Gains

July 9, 2024 15:52

Indian stock markets surged, with Sensex and Nifty reaching new record closing highs driven by auto and FMCG sectors. Maruti Suzuki led the rally, while FIIs bought equities.

Nifty Hits All-Time High, Sensex Up 300 Points

July 9, 2024 12:46

Indian stock markets surged on Tuesday, with the Nifty hitting a new all-time high and the Sensex climbing over 300 points, fueled by strong global trends and foreign fund inflows.

Indian Markets Rebound on Blue-Chip Buying

July 9, 2024 09:53

Indian equity benchmarks rebounded on Tuesday, driven by buying in blue-chip stocks and foreign fund inflows. The Sensex gained 205.99 points, while the Nifty rose 53 points.

Maruti Suzuki to Transport 35% Vehicles by Rail in 7-8 Years

July 8, 2024 12:56

Maruti Suzuki plans to increase vehicle dispatches via railways to 35% in the next 7-8 years, aiming for sustainable logistics and CO2 emission reduction.

Passenger Vehicle Sales Muted in June: Heatwave Impact

July 1, 2024 18:54

Passenger vehicle dispatches saw muted growth in June due to high base effect and heatwave. Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra reported sales figures.

Maruti Suzuki Sales Surge 12% in June - 1,79,228 Units

July 1, 2024 15:01

Maruti Suzuki India reported a 12% increase in total wholesales to 1,79,228 units in June, driven by strong utility vehicle sales. Domestic passenger vehicle sales also grew by 3%.

Punjab & Sind Bank Partners with Indian Army for Salary Accounts

June 25, 2024 16:53

Punjab & Sind Bank has partnered with the Indian Army to offer a comprehensive salary package with benefits like insurance cover and exclusive features for serving personnel, veterans, and Agniveers.

Hyundai Motor India files draft IPO papers with Sebi

June 15, 2024 13:16

Hyundai Motor India Ltd (HMIL) has filed draft IPO papers with Sebi, aiming to be the largest IPO in India, surpassing LIC's share-sale. The IPO is an offer for sale (OFS) of 142,194,700 equity...

Hyundai India IPO: Rs 25,000 Cr Raise, Largest in India

June 14, 2024 17:54

Hyundai Motor India is set to file IPO papers with Sebi, aiming to raise Rs 25,000 crore, making it the largest IPO in India. The move marks a significant milestone for the Indian auto industry.

Passenger Vehicle Sales Slow in May: Elections & High Base Effect

June 1, 2024 17:37

Passenger vehicle wholesales in India saw marginal growth in May due to high base effect and muted demand due to elections. Read about the impact on major carmakers.

Maruti Suzuki Sales Dip 2% in May 2024

June 1, 2024 14:38

Maruti Suzuki India reported a 2% decline in total wholesales in May 2024, with sales reaching 1,74,551 units. Domestic passenger vehicle sales saw a slight increase, while sales of mini and...

Sensex Ends 5-Day Losing Streak, Rises 75 Points

May 31, 2024 16:10

The benchmark BSE Sensex closed higher by 75 points on Friday, snapping a five-day losing streak driven by value-buying in banking and oil shares. The NSE Nifty also rose, ending its losing streak.

Maruti Suzuki Partners with DBS Bank for Dealer Funding

May 31, 2024 15:18

Maruti Suzuki India has partnered with DBS Bank India to provide inventory funding for its extensive dealer network across India. The partnership aims to support dealers with innovative financial...

Tesla Silent on India Plans: Official | EV Policy

May 17, 2024 18:21

Tesla remains silent on its India plans despite the government's new EV policy, which offers import duty concessions for manufacturing units. Elon Musk's visit was postponed.

Suzuki to Expand SUV Portfolio in India to Regain Market Share

May 13, 2024 16:38

Suzuki Motor Corporation plans to expand its SUV offerings in India to recover its market share, aiming for a 40 lakh unit production capacity by FY2030. The company expects record sales and...

Maruti Suzuki CNG Sales to Jump 30% in FY25

May 12, 2024 13:25

Maruti Suzuki India expects its CNG car sales to rise over 30% to around 6 lakh units in FY25, driven by strong demand for models like WagonR, Brezza, Dzire, and Ertiga.

Maruti Suzuki Re-energizes Small Car Segment with New Swift

May 9, 2024 13:54

Maruti Suzuki aims to revive the small car segment with the launch of the 4th generation Swift, targeting a 40 lakh unit sales target by 2030-31.

Maruti Suzuki Q4 Profit Surges to Record Rs 3,878 Cr

April 26, 2024 19:13

Maruti Suzuki reported a record Rs 3,878 crore net profit in Q4 FY24, driven by strong SUV sales and favorable commodity prices. The company's highest ever annual profit was also achieved in FY24.

Maruti Suzuki Q4 Profit Surges 47.8% to Rs 3,877.8 cr

April 26, 2024 17:54

Maruti Suzuki India reported a 47.8% increase in net profit for the March quarter, driven by higher sales volume and favourable commodity prices. The company also surpassed an annual sales...

Maruti Suzuki Q4 Profit Surges 47.8% to Rs 3,877.8 cr

April 26, 2024 17:52

Maruti Suzuki India's net profit for the March quarter jumped 47.8% to Rs 3,877.8 crore, driven by higher sales volume and favorable commodity prices. The company also achieved a record annual...

Elon Musk Delays India Visit Due to Tesla Obligations

April 20, 2024 11:34

Elon Musk postpones his India visit due to Tesla commitments, but plans to visit later this year. The visit was anticipated to include discussions on Tesla's entry into the Indian market and...

Tesla Advisor at India EV Policy Meet Ahead of Musk Visit

April 18, 2024 20:24

Tesla's advisor attended a stakeholders' meeting on India's new EV policy, ahead of Elon Musk's India visit. The meeting aimed to gather inputs for the new EV manufacturing policy.

Maruti Suzuki Expands Manesar Plant Capacity by 1 Lakh Units

April 9, 2024 12:26

Maruti Suzuki India has increased its Manesar plant capacity by 1 lakh units per year, reaching a total of 9 lakh vehicles per annum. This expansion aims to meet growing demand and support the...

Maruti Suzuki Targets 3 Lakh Exports in FY25, 8 Lakh by 2030

April 7, 2024 11:10

Maruti Suzuki aims to boost exports, reaching 3 lakh units in FY25 and 8 lakh by 2030, driven by new model launches and enhanced distribution networks.

Suzuki India Production Hits 3 Crore Units, Fastest Milestone

April 3, 2024 15:30

Suzuki Motor Corporation reaches 3 crore cumulative production milestone in India, marking the second country to achieve this feat, even faster than Japan.

Toyota India to Launch More Premium Models

April 3, 2024 13:22

Toyota Kirloskar Motor plans to introduce more premium models in India, catering to the growing demand for bigger vehicles. The company also aims to offer diverse powertrains, including hybrids and...

Popular Vehicles IPO: Rs 250 Crore Issue on Mar 12

March 5, 2024 17:50

Popular Vehicles and Services Ltd, a leading automotive dealership, will launch its IPO on March 12. The IPO comprises a fresh issue of Rs 250 crore and an OFS.

Maruti, Hyundai, Tata Sales Surge in Feb on SUV Demand

March 1, 2024 19:21

Maruti Suzuki, Hyundai, and Tata Motors reported strong February sales driven by high SUV demand. The auto industry saw its third-best month ever in February, with SUVs accounting for over 50% of...

Maruti Shares Surge 3%, Mcap Jumps Rs 10,648 Cr

March 1, 2024 17:17

Maruti Suzuki India's shares climbed 3% on Friday after the company reported a 15% rise in total wholesales in February. The company's market capitalisation jumped by Rs 10,648.82 crore.

Maruti Suzuki Sales Surge 15% in February

March 1, 2024 16:01

Maruti Suzuki India reported a 15% rise in total wholesales in February, reaching 1,97,471 units. Domestic passenger vehicle sales also grew, while mini and compact car sales declined.

Maruti Suzuki & Union Bank Partner for Dealer Financing

February 27, 2024 16:14

Maruti Suzuki and Union Bank of India have partnered to offer financing solutions for Maruti Suzuki dealers, enhancing inventory funding options for over 4,000 outlets.

India's Future Prospects: Maruti Suzuki Chairman's Optimism

February 26, 2024 18:37

Maruti Suzuki Chairman RC Bhargava believes India has the best future prospects globally, citing its aspirations and potential for growth. He emphasizes the need to shed legacy regulations and...

Maruti Suzuki Faces Inquiry for Incorrect Import Code

February 21, 2024 14:01

Maruti Suzuki India is under investigation by DRI for using an incorrect HSN code for an imported part. The company says there is no major financial impact.

BSE Mcap Hits Record High: Investors Gain Rs 2.20 Lakh Cr

February 19, 2024 16:49

BSE-listed firms' market capitalisation reached an all-time high of Rs 3.91 lakh crore, driven by strong investor sentiment. The Sensex gained 0.39% while the Nifty closed at a record high.

Nifty Hits New Peak, Sensex Up 281 Points: Market Rally Continues

February 19, 2024 16:34

Indian stock markets closed higher for the fifth consecutive day, with the Sensex rising 281 points and Nifty reaching a new all-time high driven by gains in financial and FMCG shares.

Stock Markets Surge: Nifty Hits Record High, Sensex Up 281 Points

February 19, 2024 16:15

Indian stock markets continued their upward trend for the fifth consecutive day, with the Nifty reaching a new all-time high and the Sensex gaining 281 points. Gains were driven by strong...

Sensex, Nifty Rise in Early Trade: Positive Asian Cues

February 15, 2024 09:47

Indian stock markets opened higher on Thursday, with Sensex and Nifty gaining on positive Asian and global cues. Investors tracked robust earnings and a rebound in US markets.

Passenger Vehicle Sales Surge 14% in January 2024

February 14, 2024 15:03

India's passenger vehicle wholesales hit a record high in January 2024, driven by strong demand for utility vehicles. SIAM reports a 14% year-on-year increase.

Maruti Suzuki Faces Cost Rise Due to Red Sea Crisis

February 11, 2024 10:45

Maruti Suzuki expects increased costs due to vessel rerouting amid the Red Sea crisis, but impact on overseas shipments is expected to be limited. The company is also gearing up to launch its first...

Maruti Suzuki Ertiga Hits 10 Lakh Sales Milestone

February 9, 2024 10:51

Maruti Suzuki Ertiga MPV crosses 10 lakh sales, achieving a 37.5% market share in India. The model is popular in both urban and rural markets and is exported to over 80 countries.

Maruti Launches Compact Nexa Service Workshops

February 6, 2024 17:38

Maruti Suzuki India launches compact-format Nexa service workshops for non-urban areas, aiming to expand its reach and cater to growing customer demand.

Maruti Suzuki to Refund Car Price After Airbag Failure

February 6, 2024 17:16

A consumer panel in Kerala ordered Maruti Suzuki to refund a customer's car price after its airbag failed to deploy during an accident, causing serious injuries.

Hyundai to Raise USD 3 Billion via IPO in India

February 5, 2024 15:38

Hyundai Motor India Ltd plans to raise USD 3 billion through an IPO, potentially becoming the largest in India, exceeding LIC's share sale.

Hyundai IPO: $3 Billion Raise, Largest in India

February 5, 2024 15:20

South Korean automaker Hyundai is looking to raise $3 billion through an IPO in India, potentially making it the largest IPO in the country. Learn more.

Bharat Mobility Expo: Automakers Commit to Sustainable Mobility

February 2, 2024 20:07

Leading automakers in India showcased their commitment to sustainable mobility at the Bharat Mobility Global Expo 2024, with a focus on electric vehicles, hybrid technology, and alternative fuels....

Auto Makers Report Growth in Jan Sales: 2024 Starts Strong

February 1, 2024 20:08

Indian automakers enjoyed a strong start to 2024, with most companies reporting higher sales in January compared to the previous year. Maruti Suzuki, Tata Motors, Hyundai, Mahindra & Mahindra,...

Maruti Suzuki Sales Surge 15.5% in January - 1,99,364 Units

February 1, 2024 19:51

Maruti Suzuki India's total vehicle sales, including exports, rose by 15.54% in January 2024, reaching a record 1,99,364 units. Domestic sales also saw a significant increase.

India's Interim Budget 2024: Industry Welcomes Focus on Inclusive Development

February 1, 2024 16:57

Industry leaders hail India's Interim Budget 2024, praising its focus on inclusive development, fiscal prudence, and infrastructure investment. The budget is seen as a positive step towards...

India Budget 2023: EV Ecosystem Boost, Charging Infrastructure Focus

February 1, 2024 16:57

India's Budget 2023 focuses on strengthening the EV ecosystem with support for charging infrastructure and manufacturing. The move aims to accelerate the adoption of electric vehicles in the country.

Maruti Suzuki Sales Surge 5% in January | 1,99,364 Units

February 1, 2024 15:43

Maruti Suzuki India's total vehicle sales jumped 5% to 1,99,364 units in January, setting a new monthly record. Domestic sales rose 13% while exports also increased.

Maruti Suzuki Shares Surge 2% on Strong Q3 Earnings

January 31, 2024 17:01

Maruti Suzuki India's shares climbed over 2% after reporting a 33% jump in net profit for the December quarter, driven by higher sales. The company's revenue also saw a significant increase.

Maruti Suzuki Q3 Profit Up 33% on Higher Sales

January 31, 2024 15:02

Maruti Suzuki India's net profit surged 33% to Rs 3,207 crore in Q3 FY24 driven by strong sales. Total revenue from operations rose 15% to Rs 33,513 crore.

Maruti Suzuki India Q3 Profit Rises 33.27% to Rs 3,206.8 Cr

January 31, 2024 14:12

Maruti Suzuki India's consolidated net profit for the third quarter ended December 31, 2023, jumped 33.27% to Rs 3,206.8 crore, driven by strong sales.

Tata Motors Overtakes Maruti as India's Most Valuable Auto Firm

January 30, 2024 18:00

Tata Motors surpassed Maruti Suzuki India in market capitalization, driven by strong stock performance. The combined valuation of Tata Motors and its DVR shares exceeded Maruti's.

Indian Markets Focus: Budget, US Fed Policy, Earnings This Week

January 28, 2024 10:15

Indian stock markets are expected to consolidate this week, driven by the interim budget, US Fed policy decision, and quarterly earnings. Analysts also highlight the impact of global trends and...

Maruti Suzuki Partners with J&K Bank for Dealer Financing

January 25, 2024 15:08

Maruti Suzuki India has partnered with Jammu & Kashmir Bank to provide financing solutions to its dealer partners, offering comprehensive inventory funding options for working capital requirements.

Maruti Suzuki Fronx Crosses 1 Lakh Sales Milestone

January 24, 2024 15:56

Maruti Suzuki's Fronx model has achieved a sales milestone of 1 lakh units in the domestic passenger vehicle segment within 10 months, setting a new industry benchmark.

Maruti Jimny Cars Exported to Africa via Rail

January 23, 2024 21:56

Northern Railways partners with Maruti Suzuki to transport Jimny cars from Delhi to Pipavav Port for export to Africa by rail, boosting export and environmental sustainability.

Maruti Suzuki India Hikes Car Prices - Up to 0.45% Increase

January 16, 2024 11:58

Maruti Suzuki India has announced a price hike across its entire model range, effective immediately. The increase is estimated to be around 0.45% on average.

India Auto Exports Dip 21% in 2023: SIAM Data

January 14, 2024 11:15

India's automobile exports declined by 21% in 2023 due to global economic challenges. Passenger vehicle shipments rose, but other segments saw a drop. Read more.

Khattar Invites Investment in Haryana at Vibrant Gujarat Summit

January 11, 2024 22:04

Haryana Chief Minister Manohar Lal Khattar attends the Vibrant Gujarat Global Summit 2024, seeking investment from leading companies and discussing collaborations in hydrogen policy, AI, and...

Maruti Suzuki to Export EVs from India in 2023

January 11, 2024 15:00

Maruti Suzuki India plans to export EVs this year after launching them in the country. The company also expects to export lithium-ion battery cells and modules worth around Rs 750 crore this fiscal.

Maruti to Invest Rs 35,000 Crore in Gujarat Plant

January 10, 2024 20:26

Maruti Suzuki is in talks with Gujarat for land to build a new plant, aiming to increase production capacity to over 40 lakh units by 2030-31. The plant will be located in Gujarat, where Maruti...

Maruti Suzuki to Invest Rs 35k cr in Gujarat Plant

January 10, 2024 12:30

Maruti Suzuki India to invest Rs 35,000 crore for a new manufacturing facility in Gujarat, boosting annual production capacity to over 40 lakh units by 2030-31.

Maruti to Invest Rs 35,000 Cr in Gujarat Plant

January 10, 2024 11:13

Maruti Suzuki India will invest Rs 35,000 crore to set up its second manufacturing plant in Gujarat, increasing its annual production capacity to 2 million units.

Modi Meets Top CEOs: Investments in EVs, Green Hydrogen && More

January 9, 2024 15:20

Prime Minister Modi met global CEOs at Vibrant Gujarat Summit, discussing investments in India's EV market, green hydrogen, semiconductors && more.

PM Modi Meets Global Leaders at Vibrant Gujarat Summit

January 9, 2024 14:27

PM Modi meets presidents of Timor-Leste, Mozambique and global CEOs ahead of the Vibrant Gujarat Global Summit, discussing ways to boost ties and investments in India.

GoMechanic & iACE Partner to Upskill 5,000 Mechanics

January 8, 2024 17:57

GoMechanic teams up with iACE to train over 5,000 mechanics on the latest automotive technologies, creating a skilled workforce for the evolving automotive landscape.

Auto Loan Rates Impact on PV Sales: Maruti Suzuki

January 7, 2024 11:02

Maruti Suzuki official warns of potential impact on passenger vehicle sales due to rising auto loan interest rates and the end of pent-up demand.

Vibrant Gujarat Summit Attracts USD 55 Billion FDI in 20 Years

January 6, 2024 15:11

Vibrant Gujarat Global Summit, held biennially since 2003, has helped the state attract USD 55 billion in FDI over two decades. Learn about the summit's impact on Gujarat's economy and FDI.

Toyota Car Price Hike: Up to 2.5% Increase - Jan 2024

January 5, 2024 16:56

Toyota Kirloskar Motor has raised vehicle prices by up to 2.5% on select models, effective January 1, 2024. The increase aims to offset rising input costs.

Maruti Suzuki Faces Rs 173.9 Cr GST Demand in Gujarat

January 3, 2024 18:46

Maruti Suzuki India's subsidiary Suzuki Motor Gujarat Pvt Ltd faces a Rs 173.9 crore GST demand in Gujarat. The company plans to appeal the decision.

Business News: Sensex Falls, RBI Dividend Proposal, Rupee Declines

January 2, 2024 21:20

Sensex drops on profit-taking, RBI proposes dividend for banks with low NPAs, Rupee weakens against US dollar. Get the latest business updates here.

Maruti Suzuki Production Down 2.96% in December 2023

January 2, 2024 19:06

Maruti Suzuki India's total vehicle production declined by 2.96% in December 2023, reaching 1,21,028 units. The company attributed the drop to a reduction in production to manage inventory levels.

India PV Sales Hit Record High in 2023: SUVs Drive Growth

January 1, 2024 18:59

Passenger vehicle sales in India reached a record 41.08 lakh units in 2023, driven by strong SUV demand. Maruti Suzuki, Hyundai, Tata Motors, and Toyota Kirloskar Motor all achieved record sales.

Maruti Suzuki Sales Down 1.28% in Dec 2023

January 1, 2024 13:24

Maruti Suzuki India reported a 1.28% decline in total sales at 1,37,551 units in December 2023, with domestic sales down 5.86%.

Gujarat's Sector-Specific Policies Attract Business Investments

December 27, 2023 15:16

Gujarat's sector-specific policies, including semiconductor and textile initiatives, have driven significant business investment, boosting the state's GDP and industrial output.

Indian Automakers Expect Moderate Sales in 2024, Focus on EVs

December 24, 2023 11:22

Indian automakers anticipate moderate sales growth in 2024 after a record-breaking 2023, with a focus on expanding electric vehicle offerings and infrastructure. Read more.

Maruti Suzuki to Open Second JIM in Haryana

December 22, 2023 18:56

Maruti Suzuki India to set up a second Japan-India Institute for Manufacturing (JIM) in Haryana, expanding its skill development initiatives.

Jyoti CNC, BLS E-Services, Popular Vehicles IPOs Approved by Sebi

December 20, 2023 12:22

Sebi has given its go-ahead to Jyoti CNC Automation, BLS E-Services, and Popular Vehicles for their IPOs. The companies plan to raise funds for expansion and growth.

Gujarat: Auto Hub Attracting Big Investments Since 2009

December 17, 2023 12:09

Gujarat's automobile sector has grown rapidly since 2009, attracting significant investments from major players like Tata Motors, Ford, Suzuki, and MG. The state is now positioning itself as a...

Business Highlights: Sensex, Nifty Hit All-Time Highs

December 14, 2023 21:21

Sensex and Nifty surged over 1% to record highs, fueled by IT, tech and realty gains after the US Fed hinted at rate cuts. Read about WPI inflation, rupee recovery, tax collection & more.

Maruti 800: The Car That Changed India's Mobility

December 14, 2023 18:36

The Maruti 800, launched in 1983, revolutionized personal mobility in India. Learn about its history, impact, and legacy as the 'people's car.'

Maruti 800: The Car That Changed India's Mobility

December 14, 2023 16:10

The Maruti 800, launched in 1983, revolutionized personal mobility in India, becoming a symbol of aspiration for millions. Learn about its history, impact, and legacy.

Mercedes-Benz India to Hike Prices from Jan 1

December 13, 2023 14:18

Mercedes-Benz India will increase prices of select models by up to 2% from January 1, 2023, citing rising input costs. The price hike will affect models like the C-Class, GLS SUV and...

India Auto Sales Surge in November 2023

December 12, 2023 21:17

India's passenger vehicle wholesales reached a record high in November 2023, driven by strong demand for utility vehicles, according to SIAM. Two-wheeler and three-wheeler sales also saw...

Skoda Auto India to Increase Car Prices from Jan 1

December 12, 2023 19:58

Skoda Auto India will hike prices of its vehicles by around 2% from January 1, 2024, citing rising input and operational costs. The price increase will affect all models, including the Kushaq,...

Volkswagen India to Hike Car Prices in January

December 12, 2023 15:17

Volkswagen Passenger Cars India will increase prices of its vehicles by up to 2% from January 1, 2024, citing rising input costs. Other carmakers have also announced similar price hikes.

BMW India to Hike Car Prices up to 2% from Jan 1

December 11, 2023 14:49

BMW India will increase car prices by up to 2% from January 1, citing fluctuating exchange rates and rising input costs. The price hike affects the entire model range, from the BMW 220i M Sport to...

Tata Motors to Hike CV Prices by 3% from Jan 1

December 10, 2023 13:56

Tata Motors will increase commercial vehicle prices by up to 3% from January 1, 2024, to offset rising input costs. The increase will apply across the range of commercial vehicles.

Hyundai Car Price Hike in January 2024 - Rising Costs

December 7, 2023 11:27

Hyundai Motor India Ltd will increase vehicle prices from January 1, 2024, citing rising input costs, exchange rates, and commodity prices. The company joins other automakers in implementing price...

Maruti Suzuki Electric SUV to be Made in Gujarat

December 6, 2023 18:55

Maruti Suzuki announces its upcoming electric SUV will be manufactured in Gujarat at its Hansalpur plant, adding a new production line. The SUV will be launched in 2024-25 and exported.

Suzuki Motor Gujarat Hits 30 Lakh Production Milestone

December 6, 2023 15:53

Suzuki Motor Gujarat, a subsidiary of Maruti Suzuki India, has crossed the 30 lakh cumulative production milestone. The Gujarat plant, which began operations in 2017, manufactures popular models...

Suzuki Motor Gujarat Hits 30 Lakh Production Milestone

December 6, 2023 12:43

Suzuki Motor Gujarat (SMG) has crossed 30 lakh cumulative production, achieving the milestone in under 7 years. The plant, which manufactures popular models like Swift, Baleno, Dzire and Fronx,...

Cyclone Michaung: Maruti, Mahindra, Audi Aid Tamil Nadu, Andhra

December 6, 2023 12:42

Maruti, Mahindra, Audi, Hyundai offer support to customers impacted by Cyclone Michaung in Tamil Nadu and Andhra Pradesh, including roadside assistance, financial aid and damage assessment.

Maruti, Mahindra, Audi Aid Cyclone-Hit Tamil Nadu & Andhra

December 6, 2023 11:24

Maruti Suzuki, Mahindra & Mahindra, and Audi offer support to customers in Tamil Nadu and Andhra Pradesh affected by the recent cyclone. Services include roadside assistance, damage assessments,...

MG Motor India to Hike Car Prices in January 2024

December 4, 2023 19:30

MG Motor India announces price hikes for its vehicles in January 2024, citing rising costs due to inflation and commodity prices. Other automakers like Maruti Suzuki, Mahindra & Mahindra, and Audi...

Honda Car Price Hike in January: Elevate, City, Amaze Affected

December 3, 2023 15:27

Honda Cars India announces price hikes for its entire model range, including Elevate, City, and Amaze, starting January 2024 due to rising input costs.

Maruti Suzuki Production Dips 3% in November

December 1, 2023 19:16

Maruti Suzuki India's total production declined by 3% to 1,47,763 units in November, with entry-level car production down significantly. Utility vehicle production, however, saw an increase.

Passenger Vehicle Wholesales Surge in November

December 1, 2023 18:59

Passenger vehicle (PV) dispatches reached a record high in November driven by festive demand and improved production. Read about the growth in sales for major automakers.

Maruti Suzuki Sales Up 3.39% in November 2023

December 1, 2023 14:22

Maruti Suzuki India reported a 3.39% rise in total sales in November 2023, driven by strong utility vehicle sales. Domestic passenger vehicle sales also grew, while sales of mini and compact cars...

India Business News: Adani, Tunnel Rescue, Auto Price Hikes

November 27, 2023 21:05

Latest business news from India: Adani denies tunnel involvement, rescue efforts continue, automakers hike prices, S&P raises growth forecast.

Car Price Hikes: Maruti Suzuki, M&M, Audi to Raise Prices in January

November 27, 2023 19:24

Maruti Suzuki, Mahindra & Mahindra, and Audi India have announced plans to increase car prices in January 2024 due to rising inflation and commodity costs. Other automakers like Tata Motors and...

Maruti Suzuki to Hike Car Prices in Jan 2024

November 27, 2023 18:42

Maruti Suzuki India will increase car prices in January 2024 due to rising costs. The price hike will vary across models, with some seeing substantial increases.

Maruti Suzuki to Hike Car Prices in Jan 2024

November 27, 2023 18:41

Maruti Suzuki India will increase car prices in January 2024 due to rising costs. The quantum of the price hike will vary across models, with some seeing substantial increases.

Tata Motors to Hike Car Prices in January 2024

November 27, 2023 18:02

Tata Motors is considering increasing prices of its passenger and electric vehicles in January 2024. The company joins other automakers like Maruti Suzuki and Audi in planning price hikes.

Maruti Suzuki to Hike Car Prices in January 2024

November 27, 2023 13:49

Maruti Suzuki India will increase car prices in January 2024 due to rising costs. The quantum of the price hike has not been disclosed, but it will vary across models.

Maruti Suzuki to Issue Shares for Suzuki Motor Gujarat Buyout

November 24, 2023 11:24

Maruti Suzuki India to issue over 1.23 crore shares to its parent Suzuki Motor Corporation for the acquisition of 100% stake in Suzuki Motor Gujarat. SMC's stake in MSI will increase to 58.19%...

Maruti to Boost Flexibility in Production to Meet Demand

November 5, 2023 11:05

Maruti Suzuki India is adjusting production to favor high-selling utility vehicles over entry-level cars, seeking flexibility to meet evolving market demand. The company aims to increase exports...

Hyundai India SUV Sales to Surpass 60% in 2023: COO

November 5, 2023 10:30

Hyundai Motor India aims to achieve over 60% of its total domestic sales from SUVs this year, driven by models like Creta and Exter. The company is also confident of maintaining strong export...

Passenger Vehicle Sales Soar to Record High in October

November 1, 2023 18:45

Passenger vehicle wholesales in India hit a record high in October, fueled by festive demand. Maruti Suzuki, Mahindra & Mahindra, and Hyundai led the surge.

Maruti Suzuki Records Highest Ever Monthly Sales in October

November 1, 2023 13:58

Maruti Suzuki India reports record-breaking monthly sales of 1,99,217 units in October, a 19% YoY growth driven by strong demand for its utility vehicles. The company also achieved its best-ever...

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