Business

Maruti Suzuki hikes car prices by up to Rs 10,000 for select models

Maruti Suzuki India Ltd Wednesday said it will hike its car prices by up to Rs 10,000 for select models with immediate effect to offset adverse impact of increase in commodity prices and foreign exchange rates. Maruti Suzuki India in a regulatory filing said prices will go up "for select models owing to increase in commodity prices and foreign exchange rates etc. The price change varies across models and ranges up to Rs 10,000 (ex-showroom, Delhi)".

"The new prices are effective from January 10, 2019, " it added.
India's largest carmaker did not specify which car models will become costlier post this price hike.Currently, Maruti Suzuki cars start from the entry-level Alto 800 to the premium crossover S-Cross priced between Rs 2.53 lakh and Rs 11.45 lakh (ex-showroom, Delhi).Shares of Maruti Suzuki were trading 0.09 per cent higher at Rs 7,472.45 apiece on the BSE. 

Sensex, Nifty end marginally higher; RIL shines post Q3 show

Markets closed marginally higher on Friday after a volatile session as investors largely stuck to index heavyweights despite positive global cues.The ...

Fuel prices witness marginal rise; petrol at Rs 70.55/litre in Delhi, Rs 76.18/litre in Mumbai

Fuel prices witnessed a marginal rise on Friday. Petrol in Delhi saw an increase of 8 paise/litre and is now retailing at Rs 70.55/litre, while the pr...

Sensex gains 53 pts, Nifty reclaims 10,900-mark

Benchmark indices closed higher for the third straight session on Thursday on stock-specific action amid mixed cues from the global markets.After gyra...

Rupee opens 9 paise higher at 71.15 against US dollar in opening trade

The rupee appreciated by 9 paise to 71.15 against the US dollar in opening trade Thursday, driven by positive opening in domestic equities and weakeni...