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The government policy on electric vehicles is very clear, and production should not be further delayed, RC Bhargava, chairman of Maruti Suzuki, told BloombergQuint in an interview. Published on Dec 3, 2017The government policy on electric vehicles is very clear, and production should not be further delayed, RC Bhargava, chairman of Maruti Suzuki, told BloombergQuint in an interview. BloombergQuint 239 viewsNew 4:19 Top 10 Payday loans no credit check Electric Cars to Go on Sale in 2018-2019 - Duration: 12:24.
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ZeeBusiness 122,023 views 18:41 Loading more suggestions. How To Do Bank Transaction With Aadhaar. Force Motors Hit 52 Week Low After November Sales Data Rs 7500 Minimum Monthly Pension, Says Pensioner's Body www. As per media reports, Maruti Suzuki India has increased discounts on most of its vehicles in December to help its dealers clear inventory of the current calendar year. The car maker has offered increased discount on its mini car segment comprising Alto 800 and WagonR.
Maruti Suzuki has increased discount for Alto 800 and WagonR to Rs35,000 each for the month of December. Discount on Alto K10 variants has been raised by 8,000 rupees in December compared to November.
Sales of the company's mini car had fallen by 1. The carmaker has also offered discount on its compact cars segment such as Swift, Celerio, and Dzire Tour. Various models of Swift hatchback are now available at a discount of up to Rs30,000, an increase of Rs10,000 from the last month. The company has also doubled discount on the diesel variant of Ertiga utility vehicle to Rs40,000 in December, while raising the discounts on petrol and compressed natural gas variants also.
No discounts are offered on popular selling vehicles like Vitara Brezza compact sports utility vehicle, Baleno hatchback and Dzire compact sedan.
It is expected that Indian car manufacturing companies might offer discounts on their products to clear the current calendar year inventory and the pricing competition will tend to increase at the end of the financial year. On account of such discount offerings by the company, the EBITDA and PAT margins are expected to shrink in Q3FY18 resulting into lower growth as compared to corresponding quarter in the previous year. The stock closed at a price of Rs8512, down by 1.
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Maruti Suzuki riots in Manesar: A retrospective On 10th March, 2017 the Gurgaon sessions court acquitted 117 workers and convicted 31 workers in the sensational Maruti Suzuki riots case, including all the main office bearers of the Maruti Suzuki Workers Union. The quantum of punishment differs: 13 workers were sentenced to life imprisonment, 4 were given 5 years imprisonment and the remaining 14 were let off with what they had already served. An altercation on the shop floor between a floor supervisor and Jiya Lal, one of the approximately 1500 permanent workers at the Maruti Suzuki Manesar plant, led to the suspension of the worker.
While the management alleged that Jiya Lal had assaulted the supervisor, the workers on floor maintained that the supervisor had abused Jiya Lal with casteist slurs. The union began negotiating with the human resources team at the plant.