New Delhi: The country's largest car maker Maruti Suzuki India today said Life Insurance Corporation of India has sold 2.53 per cent stake in the company over a period of almost six months.
Post-sale, LIC's stake in Maruti Suzuki India (MSI) has come down to 8.247 per cent currently from 10.777 per cent earlier, the auto maker said in a filing to the BSE.
LIC sold 62,23,598 equity shares, representing 2.53 per cent, of MSI between November 21, 2012, and May 17 this year....
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02:59 PM, May 21, 2013
On Overdrive this week, Mercedes Benz India MD and CEO Eberhard Kern talks about the company's fight back plan in India and Maruti Swift Dzire takes on its rival Honda Amaze. ...
08:33 PM, May 19, 2013
Jaipur: Soaring petrol prices have forced the Army to look for other options in the SUV variant and it started summer trials of Mahindra Scorpio and Tata Safari in Thar desert in Rajasthan on Monday. The vehicles are being driven by Army drivers to test their endurance, fuel consumption, temperature, cross country drive performance with and without load, power-to-wheel ratio among other factors, Army sources said. Two variants of Mahindra...
10:50 PM, May 13, 2013
New Delhi: The Indian Army has decided to phase-out Maruti Gypsy from its inventory with Mahindra Scorpio and Tata Safari in the race to replace the vehicle under a project expected to cost the force more than Rs 3,000 crore. The Indian Army is the biggest customer of the Maruti Gypsy utility vehicles with more than 25,000 such vehicles in service and uses them in all light vehicle operations including...
12:08 PM, May 11, 2013
The Dzire has won every comparison test in Overdrive. Even last month, after driving to Goa and back in six entry level diesel sedans, we came to the conclusion that the Maruti is the undisputed champion. However things change, and after a long wait Honda has now joined the party with the Amaze, the first big challenger to the Dzire. Should Maruti be worried? We pitch both the cars in...
12:33 PM, May 04, 2013
New Delhi: Country's largest car maker Maruti Suzuki India on Thursday reported 79.4 per cent jump in its standalone net profit for the quarter ended March 31 at Rs 1,147.5 crore, mainly on the account of good sales of models like Ertiga, DZire and Swift. The company had registered a net profit of Rs 639.8 crore during the corresponding period in 2012, Maruti Suzuki India (MSI) said in a statement....
02:14 PM, Apr 26, 2013
New Delhi: To counter the new kid in the entry-level sedan segment, the Amaze, Maruti Suzuki has launched a limited edition version of its best seller, the Dzire, in India. Called Dzire Regal, the special edition is priced at Rs 5.95 lakh ex-Mumbai and celebrates the fifth anniversary of the Dzire in India. Available in the mid-level Vxi trim, the Regal brings with it some cosmetic changes to both the...
05:30 PM, Apr 23, 2013
New Delhi: Mahindra & Mahindra will launch its sub-four metre sedan Verito Vibe next month to take on the likes of Maruti Suzuki's Dzire and Honda's newly introduced model Amaze. "The Verito Vibe marks our entry in the high volume sub 4 metre segment," Mahindra & Mahindra Ltd Chief Executive, Automotive Division Pravin Shah said in a statement. The new model will be powered by a 1.5 litre diesel engine...
11:14 AM, Apr 13, 2013
Mumbai: Honda's first entry level mid-size sedan is here and marks the Japanese manufacturers' entry into the diesel segment in India. In a segment that is dominated by Maruti's Dzire, the Amaze promises to better the leader and bite into the major chunk of the entry sedan pie. We drove the production ready car in India and came back impressed. Look at the car from front and one will think...
06:20 PM, Apr 12, 2013
So far, the Maruti-Suzuki Swift DZire has made short work of diesel competitors by offering the still-great 1.3 litre Fiat-sourced turbo diesel engine. However, with the sheer force of the technology that Honda has injected into their first diesel car for India, the Honda Amaze stands to win many hearts that would otherwise have gravitated toward Maruti by default. We've driven the car and apart from the slight diesel clatter...
05:36 PM, Apr 12, 2013
New Delhi: After a 27-year-long innings, the Indian Army is bidding goodbye to the iconic Maruti Gypsy - all 30,000 of them in its fleet. The Army is expected to try out new vehicles. Army sources told CNN-IBN that the force plans to replace the Gypsy with more powerful vehicles in the 800 kilogram class. The Gypsy may be replaced by the Tata Safari or Mahindra Scorpio - vehicles meant...
08:59 AM, Apr 05, 2013
Country's largest car maker Maruti Suzuki India Ltd launched an all new version of its mid-size sedan SX4 in the country, with price remaining unchanged in the range of Rs 7.38-9.79 lakh (ex showroom Delhi). ...
10:54 AM, Mar 30, 2013
He is just two films old in the industry but newcomer Saqib Saleem, who was last seen in Yash Raj's 'Mere Dad Ki Maruti', is happy that he is working with Karan Johar in 'Bombay Talkies'. ...
02:00 PM, Mar 26, 2013
After working in 'Mere Dad Ki Maruti', Rhea Chakraborty is sure that she would like to work in films. ...
06:11 PM, Mar 24, 2013
Saqib Saleem debuted in Bollywood with director Nupur Asthana's 'Mujhse Fraaandship Karoge' in 2011. ...
12:30 PM, Mar 24, 2013
The breakthrough in the 1993 serial blasts investigation was achieved with the recovery of an RDX-laden Maruti van registered in the name of Tiger Memon's sister-in-law, police said on Thursday. Till March 14, two days after the 1993 blasts, the investigation team consisting of 162 men and led by Rakesh Maria, who is now Maharashtra ATS chief, was clueless. ...
01:30 AM, Mar 22, 2013
'Jolly LLB', '3G' and 'Mere Dad Ki Maruti' were the three films released last Friday. But 'Jolly LLB', directed by Subhash Kapoor and produced by Fox Star Studio was the big release of the week. Starring Arshad Warsi and Boman Irani in lead roles, the film opened better in comparison to other releases, bringing its four day total collection to Rs 14.41 crore net. ...
07:00 PM, Mar 20, 2013
Set in the streets of Chandigarh, 'Mere Dad Ki Maruti' takes you on a joy ride through the story of a Punjabi boy who sneaks out his father's fancy new car to impress a college girl and loses it. The film goes overboard promoting Maruti's life utility vehicle Ertiga. ...
12:36 PM, Mar 16, 2013
Well-intentioned but inconsistent, 'Jolly LLB' blends elements of a satire and a thriller in this story inspired by the events of the Sanjeev Nanda hit-and-run case of 1999. 'Mere Dad Ki Maruti' has wafer-thin plot and the film is enjoyable mostly for its frills. ...
10:59 AM, Mar 16, 2013
