R C Bhargava News

Maruti Suzuki India Chairman R C Bhargava on Friday said the auto industry is moving towards electric vehicles (EVs) despite the challenge to come up with an affordable car, taking cue from the government's push for the eco-friendly technology.

With the government focusing on promotion of electric vehicles, Maruti Suzuki India will not hold back in the segment and will come up with models based on customer preference, according to company chairman R C Bhargava.

At a time when the automotive world is bullish on self driving cars, Maruti Suzuki Chairman R C Bhargava says such autonomous vehicles will not work in India as "nobody obeys any of the driving rules".

Tokyo: Finance Minister Arun Jaitley has played down the ban on registration of new large diesel-powered vehicles in Delhi, saying it is a "transient" phase and India is a market large enough not to adversely affect auto companies.

A host of leaders from the business world have recieved Padma awards this year. Check out the list.

Maruti Suzuki India Thursday announced receipt of approval from its minority shareholders to let its Japanese parent Suzuki invest and own upcoming plant in Gujarat, where a total investment of Rs 18,500 crore has been envisaged in the long term.

Shareholders of car maker Maruti Suzuki India (MSI) have approved a proposal to raise foreign institutional investors (FII) limit in the company to up to 40 percent from the current 24 percent.

Country's largest car maker Maruti Suzuki India plans to roll out its light commercial vehicles (LCV) project on a limited scale, a top company executive said on Friday.

Currently, MSI has a total of around 19,000 workers, out of which 12,500 are regular and 6,500 are temporary.

Chairman R C Bhargava said MSI's move on the Gujarat plant would be beneficial to its shareholders.