The Maruti Udyog Ltd board has approved a proposal to introduce a voluntary retirement scheme for employees of the company.
The name of the country's most popular car brand, Maruti Udyog Ltd, has been changed to 'Maruti Suzuki India Ltd' with effect from September 17.
Maruti Udyog Ltd's joint managing director Junzo Sugimori has resigned from the country's largest car making company.
The shares of Maruti Udyog Limited will be listed on Wednesday on the Bombay Stock Exchange and the National Stock Exchange for trading in the secondary capital market.
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.
'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.'
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.
The government should not be running businesses as public sector companies are inefficient and do not generate enough resources to fund their own growth, according to Maruti Suzuki India chairman R C Bhargava. Public sector companies need support all the time to grow and need funds from the government for capital investments, he told PTI in an interview. "I have no doubt that government should not be in business. No way," he said when asked if governments should be in the business of running enterprises on the basis of his experience of witnessing the transformation of the then government-owned Maruti Udyog Ltd to Maruti Suzuki India Ltd, majority owned by Japan's Suzuki Motor Corporation.
Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.
Former managing director of Maruti Suzuki India, Jagdish Khattar, passed away on Monday morning following a cardiac arrest, according to people close to him. Khattar (79), a former bureaucrat, was considered as one of the most high profile leaders of the Indian automotive industry, laying the foundation for Maruti's future growth after the government began its disinvestment in 2002 and gradually exited from its joint venture with Suzuki Motor Corporation (SMC). He had joined the then Maruti Udyog Ltd in July 1993 as director (marketing) and went on to become executive director (marketing) in the next six years.
Maruti Udyog Ltd on Friday said it would set up a Maruti Service Masters unit, its after sales service arm, in Chennai with an investment of Rs 13 crore.
Jagdish Khattar loves to be contrarian. When pondering options, his beady eyes acquire a glint as he wonders aloud how to go against prevailing wisdom. This often shows up in the way he runs Maruti Suzuki India -- that is what Maruti Udyog now calls itself -- the country's largest car maker.
The Swift Diesel is all set to change passenger market car dynamics. It is also a strategic shift for Maruti Udyog.
Car maker Maruti Udyog Ltd on Thursday said it has recorded highest ever monthly domestic sales for January at 62,248 vehicles a growth of 28.3 per cent over the corresponding month last year.
Maruti Udyog has topped the list of J D Power ranking for the fifth year in a row in terms of customer satisfaction.
Maruti Udyog Ltd will invest Rs 2,718 crore (Rs 27.18 billion) for introducing new models, research and development and upgradation in the country by 2008.
Maruti Udyog on Wednesday launched Euro III-compliant versions of compact cars Zen and WagonR and Baleno sedan, sporting higher price tags, and plans to increase steel procurement from the domestic market.
Maruti Udyog Ltd said on Wednesday sales were expected to rise 18 per cent in the first half of this fiscal in the domestic market.
The Securities and Exchange Board of India (Sebi) has cleared the draft red herring prospectus (DRHP) of the state-owned Life Insurance Corporation of India (LIC). According to investment banking sources, the so-called final observations were issued by the market regulator on Tuesday evening. Following the market regulator's nod to the IPO papers, the insurer can launch its share sale. However, LIC may not launch its IPO immediately given the current volatile market conditions.
Maruti Udyog Ltd, India's biggest carmaker, on Monday said its 1,251 employees have recently opted for voluntary retirement scheme.\n\n\n\n
Japanese auto major Suzuki Motor Corporation (SMC) on Wednesday said its long-serving chairman Osamu Suzuki will retire and assume the role of senior advisor subject to shareholders' approval in the ordinary general meeting to be held in June this year.
Maruti Udyog Ltd, India's biggest carmaker, on Wednesday raised prices by Rs 2,000-3,000 on all models except entry-level car Maruti-800.
Rahul Bajaj was transparent, outspoken, and not ready to bend the rules, says R C Bhargava.
We find out how the Nano factory has changed Sanand, from a sleepy village to a town bustling with activity and development.
Workers rally in support of sacked employees at Manesar
Suzuki Motor Corporation Chairman Osamu Suzuki has rejected an appeal by the Gurgaon unit of the Maruti Udyog Kamgar Union to reinstate the 500 workers who were sacked by Maruti Suzuki's management for their alleged involvement in the violence at the company's Manesar plant on July 18, which left one dead and several injured. The facility was locked out for about a month.
The union is organising a protest rally this afternoon at Gurgaon against the sacking, apart from making other demands.
After the July 18 violence at the Manesar plant in which one senior executive was killed, the company had fired 546 workers.
Suzuki, who is in India on a visit, told representatives of Maruti Udyog Kamgar Union, the elected union of Maruti Suzuki India that the management of the Indian arm would not accept any indiscipline in the company.
Maruti Udyog Ltd said on Monday it will hike prices of its products by up to Rs 12,000 next month.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances