Maruti Suzuki India Ltd (MRTI.NS)
Fri, Aug 2 2019
MANESAR/NEW DELHI India's biggest automaker, Maruti Suzuki India Ltd , said it had cut the number of its temporary workers to cope with a slowdown in auto sales, adding to the jobless problem in Asia's third largest economy.
MANESAR/NEW DELHI India's biggest automaker, Maruti Suzuki India Ltd, said it had cut the number of its temporary workers to cope with a slowdown in auto sales, adding to the jobless problem in Asia's third largest economy.
* Expenses drop 6% from a year ago (Adds details on cost cuts, industry background)
BENGALURU Maruti Suzuki India Ltd on Friday posted a 27.3% plunge in its first-quarter net profit amid an industry-wide slowdown in demand, but beat market expectations.
BENGALURU, July 26 Maruti Suzuki India Ltd posted a 27.3% fall in first-quarter net profit on Friday, hurt by industry-wide weak demand as the country's economy struggles to pick up pace.
NEW DELHI/BENGALURU Maruti Suzuki India Ltd said on Thursday it would stop making all diesel cars beginning April next year and forecast a weak rate of growth for the current fiscal year, blaming uncertain fuel prices and the onset of stricter emission norms.
* Co to stop making diesel cars as stricter emission norms kick in
BENGALURU, April 25 Maruti Suzuki India Ltd on Thursday posted a 4.6 percent fall in fourth-quarter net profit, hurt by industry-wide weak demand.
** Shares of India's top-selling car maker Maruti Suzuki India Ltd fall as much as 1.76 pct to 6,925 rupees, lowest since April 3
BENGALURU Indian shares ended lower for a third straight session on Tuesday, erasing gains in morning trade, hurt by declining financial shares such as HDFC Bank and automobile stocks such as Maruti Suzuki India.