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Maruti Suzuki India on Monday introduced the all-new version of its compact sedan Dzire and said the automaker would continue to cater to all customer segments in order to preserve its high market share in the domestic market. The automaker introduced the new Dzire priced between Rs 6.79 lakh and Rs 10.14 lakh (ex-showroom Delhi). While the SUV segment has been growing, other segments are also important to the company in order to maintain high market share, Maruti Suzuki India (MSI) MD and CEO Hisashi Takeuchi told reporters here. He said Dzire has been a global success for the automaker with around 30 lakh units sold so far across markets. Takeuchi noted that the company has invested around Rs 1,000 crore on the development of the model. MSI Senior Executive Officer (Marketing and Sales) Partho Banerjee said the company's endeavour is to serve all customer segments. MSI currently has over 40 per cent market share (wholesales) in the overall domestic passenger vehicle segment. I
Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities suggests that for the Nifty50 index to move up from the current levels, bank and IT sectors need to perform and do the heavy lifting
The Nifty PCR data suggests that the index may attempt a rally towards 23,700 level ahead of the June series expiry; On the downside, strong support is expected around 23,350 - 23,290.
Stock market preview Friday, April 26: Global cues mixed, but sharp rise in 10-yr US bond yield to 4.73 per cent may weigh on the trading sentiment. Individual stocks to remain in focus on Q4 results.
Stocks to Watch on March 26, 2024: Reliance Industries acquired a 100 per cent stake in MSKVY Nineteenth Solar SPV and MSKVY Twenty-second Solar SPV from MSEB Solar Agro Power
The Reserve Bank of India's Monetary Policy Committee (RBI MPC) on Thursday decided to keep the repo rate unchanged at 6.5 per cent for the sixth consecutive time.
Has the Karnataka govt gone too far by setting cab fares? How will CNG bikes change the two-wheeler industry? Why are Maruti shares taking the back seat? What is hot money? All answers here
Stocks to watch on Wednesday, November 22, 2023: BHEL, Chambal Fertilizers, Delta Corp, Hind Copper, Indiabulls Housing, India Cements, Manappuram, MCX, NMDC, RBL Bank and Zee are in F&O ban today.
Stocks to watch on October 13, 2023: Infosys has lowered its FY24 constant currency revenue growth guidance for a second time to 1.0-2.5 per cent from 1-3.5 per cent earlier
Maruti hopes to rival Mahindra Thar with its simple, practical and no-nonsense off-roader which is based on a ladder-frame chassis giving it a traditional SUV character
Stocks to Watch: Bajaj Auto, Cipla, Dr.Reddy's, Tata Elxsi and Tata Motors are some of the prominent companies to announce Q3 results on Wednesday.
Bharti Airtel has hiked tariff on pre-paid plans by 20-25 per cent.
Valuations factor in the volume rebound, leaving little upside from the current levels
The sector has been pressing the government for a reduction in the goods and services tax
A strong product line-up and better product mix are main triggers