 "Hyundai Motor India gears up for an IPO, aiming for a valuation that could surpass market leader Maruti Suzuki.")
Hyundai Motor India (HMI) has received approval from Sebi to launch its initial public offering (IPO), which is expected to happen in early November. The IPO, valued at around Rs 25,000 crore, allows Hyundai Motor Company to sell a 17.5 percent stake in its Indian unit. According to Nomura, HMI might achieve a valuation higher ...
 "Maruti Suzuki’s Rs 3 Crore Gesture: A Lifeline for Flood Victims")
Maruti Suzuki India has made a significant donation of Rs 3 crore to the PM CARES fund to aid in flood relief efforts across various states. This contribution is part of the company’s commitment to support the government’s initiatives for relief and rehabilitation in communities impacted by natural disasters. Hisashi Takeuchi, MD and CEO of ...
 "Maruti Suzuki Cuts Prices Amid Sales Decline of Mini Cars")
Maruti Suzuki India Limited (MSIL) has announced price cuts for specific variants of its popular mini cars, the Alto K10 and S-Presso, in response to declining sales. Effective from September 2, the prices have been reduced by up to Rs 6,500. In August, the company sold only 10,648 units of these models, marking a 12.8% ...
Maruti Suzuki India reported a 4% decline in total sales for August 2024, with 181,782 units sold compared to 189,082 units in August 2023. Domestic passenger vehicle wholesales fell by 8%, totaling 143,075 units last month. The mini segment, including Alto and S-Presso, saw a decrease in sales to 10,648 units, while compact cars, such ...
Today’s Current Affairs: Maruti Swift Facelift On-Road Pricing Revealed The newly launched Maruti Swift facelift has caused a stir in the Indian Market with its updated features and refreshed look. However, the pricing has left many potential buyers scratching their heads, especially when compared to the more premium Maruti Baleno. With prices ranging from Rs ...
