NEWS

Nov 7 2017

Maruti shareholders root for agreement with Suzuki after revised deal terms – The Hindu #blackbook #car #values

#suzuki cars # Maruti shareholders root for agreement with Suzuki after revised deal terms Suzuki will make cars in Gujarat, which its Indian arm will buy and sell in the domestic market The contract manufacturing agreement between Maruti Suzuki Ltd and parent Suzuki Motors that came under sharp criticism from the shareholders of the Indian automaker in January last year is all set to be approved in its revised format. Institutional investors and proxy advisory firms that had earlier opposed the agreement are now in its favour as they view the new terms of the agreement “reasonable and balanced” for …