The government has mandated blending of compressed biogas in compressed natural gas (CNG) for transport and piped natural gas (PNG) for households in a phased manner from the financial year 2025-26. The government targets 5% blending from 2028-29. Compressed biogas blending in total CNG and PNG consumption should be 1% in 2025-26 while the blending… Continue reading Government mandates compressed biogas blending in CNG from FY26
Tag: Suzuki
Government mandates compressed biogas blending in CNG from FY26
The government has mandated blending of compressed biogas in compressed natural gas (CNG) for transport and piped natural gas (PNG) for households in a phased manner from the financial year 2025-26. The government targets 5% blending from 2028-29. Compressed biogas blending in total CNG and PNG consumption should be 1% in 2025-26 while the blending… Continue reading Government mandates compressed biogas blending in CNG from FY26
Maruti likely to export Rs 1,000 crore worth li-on cells next year
As part of its effort to build a strong scale and reduce cost, Maruti Suzuki, the country’s largest car maker will be exporting Rs 1,000 crore worth lithium-ion cells next year. Rahul Bharti, Executive Director, Corporate Affairs Maruti Suzuki shared this at Autocar Professional’s India EV Conclave hosted by the publication along with government of… Continue reading Maruti likely to export Rs 1,000 crore worth li-on cells next year
Maruti board approves INR 12,800 crore preferential issue to Suzuki Motor Corp
Following the preferential allotment, Suzuki Motor Corporation Japan’s stake in Maruti Suzuki India will increase from 56.48% to 58.19%. India’s largest carmaker Maruti Suzuki on Friday said its board has approved the allotment of 1,23,22,514 equity shares of the company to Suzuki Motor Corporation on a preferential basis as consideration for the acquisition of a… Continue reading Maruti board approves INR 12,800 crore preferential issue to Suzuki Motor Corp
SIAM sourcing conclave focuses on building resilient supply chain
The conclave witnessed active participation from several coveted speakers including senior government officials, Sourcing heads of Automobile companies, and experts from the automobile supply-chain. New Delhi: Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, hosted the Automotive Sourcing Conclave under the theme “Towards Building a Resilient Supply Chain.” The conclave… Continue reading SIAM sourcing conclave focuses on building resilient supply chain
Maruti Suzuki’s board OKs allotment of 12.3 million shares to Suzuki Motor Corp for Gujarat plant
Maruti Suzuki India’s board today approved the allotment of the company’s 12.3 million shares to Japanese parent company Suzuki Motor Corp on a preferential basis for acquiring the Gujarat plant. In July, Maruti Suzuki announced its plans to terminate the contract manufacturing agreement with Suzuki Motor Gujarat and fully acquire it from Suzuki Motor Corp.… Continue reading Maruti Suzuki’s board OKs allotment of 12.3 million shares to Suzuki Motor Corp for Gujarat plant
Maruti Suzuki’s board OKs allotment of 12.3 million shares to Suzuki Motor Corp for Gujarat plant
Maruti Suzuki India’s board today approved the allotment of the company’s 12.3 million shares to Japanese parent company Suzuki Motor Corp on a preferential basis for acquiring the Gujarat plant. In July, Maruti Suzuki announced its plans to terminate the contract manufacturing agreement with Suzuki Motor Gujarat and fully acquire it from Suzuki Motor Corp.… Continue reading Maruti Suzuki’s board OKs allotment of 12.3 million shares to Suzuki Motor Corp for Gujarat plant
Maruti Suzuki’s board OKs allotment of 12.3 million shares to Suzuki Motor Corp for Gujarat plant
Maruti Suzuki India’s board today approved the allotment of the company’s 12.3 million shares to Japanese parent company Suzuki Motor Corp on a preferential basis for acquiring the Gujarat plant. In July, Maruti Suzuki announced its plans to terminate the contract manufacturing agreement with Suzuki Motor Gujarat and fully acquire it from Suzuki Motor Corp.… Continue reading Maruti Suzuki’s board OKs allotment of 12.3 million shares to Suzuki Motor Corp for Gujarat plant
Jay Bharat Maruti lays foundation stone for its upcoming facility in Kharkhoda, Haryana
Jay Bharat Maruti Limited (JBML), a leading auto component manufacturer and Tier I supplier to Maruti Suzuki India Ltd. laid the foundation stone for its new plant in Kharkhoda, Sonipat, Haryana yesterday. The ceremonial stone was laid by Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India along with SK Arya, Chairman and MD,… Continue reading Jay Bharat Maruti lays foundation stone for its upcoming facility in Kharkhoda, Haryana
Nifty Auto index advances 0.35% in an upbeat market
The Nifty Auto index was up 0.35 per cent at 17032.05 at the time of writing this report. New Delhi: The NiftyAuto index traded positive around 11:05AM(IST)on Thursday in an upbeat market. Hero MotoCorp Ltd.(up 3.84 per cent), Bajaj Auto Ltd.(up 3.25 per cent), TVS Motor Company Ltd.(up 2.02 per cent), Balkrishna Industries Ltd.(up 1.9… Continue reading Nifty Auto index advances 0.35% in an upbeat market