Oil and Natural Gas Corporation, Indian Oil Corporation, Bharat Heavy Electricals Ltd, HMT and Maruti Udyog Ltd are among the corporates that defaulted in remitting their provident fund share to the Employees Provident Fund Organisation
In a bid to increase its sales from rural India, the country's largest car maker, Maruti Udyog Ltd, is offering over 2.1 million functionaries in panchayats (local self-governing bodies in villages) its cars at special discounts.
Maruti Udyog, the country's largest carmaker, today launched its premium sedan 'SX4' priced between Rs 618,000-689,000
Finance Minister P Chidambaram and Heavy Industry Minister Santosh Mohan Dev on Friday held discussions on the sale of the government's 10.27 per cent residual stake in the auto major.
The government may retain oversubscription of the public offering of shares of India's largest carmaker, Maruti Udyog Ltd, a top divestment ministry official said on Tuesday.\n\n\n\n
Suzuki Motors Corp, the parent company of Maruti Udyog, announced on Friday a manufacturing collaboration with Nissan Motor Co and said they will begin joint production in India.
Market volatility has prompted the government to postpone the disinvestment of its residual 10.27 per cent stake in Maruti Udyog Ltd to the next financial year.
The government has decided to go slow on sale of its remaining shares in Maruti Udyog and complete the process by next fiscal as stock markets remain uncertain.
Indicating the onset of a fierce battle in the domestic car market, auto leader Maruti Udyog on Friday demanded an apology from competitor Hyundai for engaging in "false, misleading and deceptive" campaign against its new\nproduct 'Swift' or face the
A-Star has been developed by Maruti Udyog and its Japanese parent, Suzuki Motor Corporation for the global markets.
SMILP, despite having an installed capacity to manufacture 100,000 vehicles, sold a little over half that number between April and December last year and 5,753 units in January 2007.
Infosys has topped the AC Nielsen Corporate Reputation Index for the fourth consecutive year.
Stung by Ratan Tata's accusation that competitors were fuelling the controversy over Tata Motors' car project at Singur in West Bengal, Maruti dared Tatas on Wednesday to name the competitor.
Creating new benchmarks in safety, Maruti Udyog Limited on Monday announced it would set up 15 world class driving schools in India in the next three months.
Maruti Udyog is planning to export the diesel engines manufactured in Manesar, Haryana, to its European car assembly plant in Hungary to cater to the local markets there.
Maruti Udyog Ltd has been rated the 'most trusted' passenger car company of the country, according to a survey by global research firm TNS.
Carmaker Skoda India has decided to price Fabia, the hatchback it plans to launch at the Auto Expo in January, in the range of Rs 5-6 lakh.
Maruti Udyog, India's biggest carmaker, has been ranked first in customer satisfaction by international market research firm JD Power.
The Monopolies and Restrictive Trade Practices Commission on Thursday advised auto giants Maruti and Hyundai not to target each other in advertisements and asked Maruti to file its reply to a complaint filed by its rival carmaker.
Maruti Udyog Ltd, the country's largest car maker, reported a growth of over 25 per cent in sales, up from 9.9 per cent in May. Jagdish Khattar, the company's managing director, spoke to Business Standard on survival strategies in a tough market.
The company, which has set an export target of around 2,20,000 units by 2010, is spreading into new markets like the UAE,Philippines and Indonesia.
Honda Siel Cars India has started training its sales force to counter the challenge of SX4, the sedan launched by Maruti Udyog on May 7.
Infosys Technologies and Reliance Industries have emerged as 'India's most respected companies' in a survey conducted by IMRB International, based on a nationwide peer-perception survey.
M D Jindal, brother-in-law of NRI industrialist Lord Swraj Paul, has been summoned by a Delhi court re in connection with a forgery case filed against him by Caparo Maruti Ltd.
Maruti Udyog Ltd, on Thursday said all its models ranging from M800 to the latest sedan SX4 will cost more by up to Rs 4,300 on account of equipping the cars with a new anti-theft device.
For Maruti Udyog, the largest player in this market, the number of cars sold under the exchange scheme has nearly doubled.
The government on Thursday exited the country's largest car maker Maruti Udyog Ltd
The government will raise at least Rs 2,250 crore (Rs 22.5billion) for selling its residual stake in the country's top carmaker Maruti Udyog Ltd to banks and financial institutions, as it has fixed a floor price of Rs 760 a share.
Suzuki Motor Company chief Osamu Suzuki on Thursday called on Finance Minister P Chidambaram, within a week of the government deciding to sell 8 per cent of its equity in Maruti Udyog Ltd.
Suzuki Motor Corp is believed to have reached an agreement with the government on its plans to set up a second Indian factory
Maruti Udyog today posted 17 per cent increase in domestic car sales for the month of April, selling 48,652 vehicles compared to 41,574 vehicles sold in the same period last year.
Maruti Udyog Ltd, India's largest car-maker, has lowered prices between Rs 3,000 and Rs 5,000 on its cars following a reduction in the concessional central state tax offered by the Haryana government.
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