'Without his vision and foresight, his willingness to take a risk that no one else was willing to take, his deep and abiding love for India, the Indian automobile industry could not have become the powerhouse that it has become.'
The country's largest carmaker Maruti Suzuki India will not "walk away" and fight to get back to 50 per cent market share in the domestic passenger vehicle segment, according to company Chairman R C Bhargava. The auto major, which is commemorating 40 years of operations, has seen its market share drop to 43.38 per cent in FY22 from a peak of 51.21 per cent in FY19. In order to get back its dominant leadership, the company plans to drive in models catering to both urban and smaller cities and rural areas.
Maruti Suzuki India (MSIL) does not anticipate growth in the small car segment because people continue to find these vehicles unaffordable, chairman R C Bhargava said on Wednesday. He said the market had clearly shifted towards the sport utility vehicle (SUV) segment and the company will go in the same direction. The domestic sales of utility vehicles jumped in India by 34.54 per cent to about 2 million units in FY23.
Auto major Maruti Suzuki India on Friday said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses. The country's largest carmaker reported a net profit of Rs 3,952 crore in the January-March quarter of FY24.
The regulatory burden is the highest on small cars, a key segment of the Indian automobile industry and having a uniform tax structure across all segments of vehicles will not augur well for the sector growth, according to Maruti Suzuki India chairman RC Bhargava. He also said India's economic growth rate could be higher if the manufacturing sector grows fast, which 'unfortunately' has remained a laggard despite the best efforts of the Narendra Modi-led government at the Centre due to implementation gaps at the ground level. "The burden of regulatory changes on the small cars is far higher than the regulatory burden on big cars and that is changing the whole market behaviour.
Maruti Suzuki India will launch electric vehicles in the country only after 2025 as demand for such vehicles at the moment is less and it would like to sell around 10,000 units a month whenever it enters the electric mobility space, company chairman RC Bhargava said on Wednesday. Addressing a virtual conference on the company's second quarter earnings, he said under the current circumstances a lot of things in the EV ecosystem such as batteries, charging infrastructure and electric supply are done by other parties and therefore the costing is not in the hands of the company. Also with fuel prices going up, car market leader Maruti Suzuki India is intensifying its focus on more CNG offerings of its models.
Company managements need to "curtail the kind of expenditures on themselves personally" with the COVID-19 pandemic highlighting the need to build internal resources with a frugal style of functioning, Maruti Suzuki India chairman R C Bhargava said on Tuesday. Addressing shareholders in the company's annual general meeting held virtually, he also termed as "a good development for the whole of industry" recent shareholder actions that did not approve expenditures by management on themselves, without specifying details. In the wake of the pandemic, building internal resources has to become a priority of industry and companies.
In the second semi-final, India player Ayhika Mukherjee began the proceedings on a positive note for Bengal, winning her match 3-1 (11-6, 11-5, 6-11, 11-6) against Lakshita Narang.
Manjul Bhargava was one of four mathematicians awarded the Fields Medal, the top prize in mathematics at the International Congress of Mathematicians in Seoul on Wednesday.
Today's Hindi film mothers are younger, trendier, more mischievous. But, truth be told, says Dinesh Raheja, I still do miss sometimes the comforting presence of the trad mother.
Bhargava is a pioneer in the field of biotechnology in the country.
Osamu Suzuki, the man who took a risk and bet on India when no one else believed in having a viable automobile company in the country, has died at the age of 94, according to information shared by Japan's Suzuki Motor Corporation on Friday.
Amid growing concerns over the detection of human metapneumovirus cases in India, health experts have emphasised the virus is not new, and advised people to stay calm and take basic precautions.
Bhargava, 50, the wife of senior Congress leader Luv Bhargava, breathed her last at 1815 hrs at the Apollo Hospital, where she was admitted on February 28.
The ladies looked gorgeous at Ektaa R Kapoor's annual Diwali party at her residence. And then, there were the good looking couples, who added even more glamour to the proceedings.
'Adventure travel, cultural tours, and wellness retreats are in high demand.'
In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.
The couple will get married on May 3.
In a possible showdown between the Indian Institutes of Management and the Union HRD ministry, the IIM-A has 'rejected' recommendations of R C Bhargava Committee.
Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
'I like to sell a dream. I like to tell stories. I'm a very good storyteller. I can convert the most boring topic into a riveting tale.'
He was presented at a news conference in Lucknow by the police.
The incident took place between 8.30 am and 9 am near the campus of a temple during a religious programme in Shahpur village under Rehli assembly seat, as per officials.
The civic body has won a "historic legal battle" that was going on since 1979, said Mayor Pushyamitra Bhargava.
Bhargava along with Harsha Raghavan, the former India head of Candover Investments, have formed Steer Capital.
Former Air India Executive Director Jitendra Bhargava had filed the appeal questioning the decision of CCI to approve the Jet-Etihad deal without carrying out a detailed assessment.
The actor currently stars in Ye Hai Mohabbatein.
Yadav also asked the IG, Lucknow, to ensure expedient action, which was followed by the arrest of K D Singh under charges of harbouring the assailants.
Japanese agri-equipment firm Kubota is taking cues from Suzuki Motor's strategy to establish India as its global production hub, according to a report by Nikkei Asia. The acquisition of Escorts in 2022, leading to the rebranding as Escorts Kubota, a prominent tractor manufacturer in India, which held the fourth-largest global market share, offered Kubota a crucial foothold in the Indian and international markets, complementing its strengths with Escorts' established presence.
A controversy has erupted after Union minister Shivraj Singh Chouhan's son, Kartikey, said during a public meeting in bypoll-bound Budhni that 'not even a brick will be laid in any village' in case a Congress candidate wins the by-election.
If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.
'Santa Claus statues and Christmas trees have been installed at many places in the city since December 25. If you have no objection to installing these, then there should be no objection in installing a replica of Ram temple'
Chief Minister Mohan Yadav on Sunday night ordered the removal of the Sagar district collector, superintendent of police and sub-divisional magistrate following the deaths of nine children on Sunday, an official said.
'At present, hybrids emit lesser carbon despite using fuel than pure play electric cars.' 'That is because EVs have to be charged and 76 per cent of the country's electricity is still coal-based and not renewables.'
12 of the 20 MPs with the highest winning margins in the 2019 Lok Sabha polls have not been re-nominated by their parties for the 2024 general elections.
Veteran scientist P M Bhargava will return the awards he received from the government of India to protest against "the government's attack on rationalism, reasoning and science."
'It will take some more time because the affordability of these cars have changed drastically.'
Everyone is talking about the tight slap that Armaan Malik gave Vishal Pandey on Bigg Boss OTT 3.
The principal said that particular day was reserved for "speaking in English only" and that is why the students were stopped, the sources said, quoting her.
Plug-in hybrids have two engines and the electric part has a much larger battery than in the regular hybrids. Car companies, led by the Japanese, are pushing the Indian government to look at hybrids in the interim if it wants to reduce carbon emission.
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