Maruti Suzuki Jimny: Banking on Gypsy’s legacy to take on the SUV challenge Maruti Suzuki Q4 net profit up 42.6%; firm declares dividend of Rs 90/share More than budget carmaker: Maruti leads Rs 10-20 lakh segment at 23% share Maintaining its small-car dominance, Maruti leads mid-size PV sales in FY23 Maruti Suzuki looking to replicate… Continue reading Maruti’s share in parent Suzuki’s revenues reached highest ever in Q1FY24
Tag: parent
Mamaearth’s parent Honasa Consumer gets Sebi’s nod to float IPOs
Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, and healthcare tech firm Indegene Ltd have received markets regulator Sebi’s clearance to raise funds through Initial Public Offerings (IPOs). In addition, engineering, procurement and construction (EPC) firm Vishnu Prakash R Punglia Ltd obtained Sebi’s go-ahead to float the initial share… Continue reading Mamaearth’s parent Honasa Consumer gets Sebi’s nod to float IPOs
Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co
Marut Suzuki India on Monday said its board has approved the acquisition of the entire stake in Suzuki Motor Gujarat from Japan-based parent Suzuki Motor Corporation. Currently, Suzuki Motor Corporation (SMC) owns a 100 per cent stake in Suzuki Motor Gujarat (SMG) which supplies its entire production to Maruti Suzuki. Maruti Suzuki… Continue reading Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co
Reliance General Insurance gets Rs 200 cr capital infusion from parent
Reliance General Insurance Company Ltd (RGICL) on Monday said it has raised a capital of Rs 200 crore by issuing equity shares to debt-ridden parent entity Reliance Capital. Reliance Capital is under the resolution process as per the Insolvency and Bankruptcy Code. Infusion has been done following the lenders of Reliance Capital… Continue reading Reliance General Insurance gets Rs 200 cr capital infusion from parent