Manesar Plant

Year in review: How 2012 fared for India Inc.

Saturday December 29, 2012

The year 2012 saw both ups and downs for India Inc. While the first half saw sentiment plummet after economic growth dropped to a three-year low, the second half saw renewed optimism as the government finally kick-started its stalled reform agenda by...

Maruti acquires 600-acre land for second plant in Gujarat

Saturday December 22, 2012

Maruti Suzuki India today said it has started spadework to set up its second facility in Gujarat with acquisition of another 600 acres, in addition to its existing plan to invest Rs 4,000 crore for setting up a plant in the state.

Maruti Suzuki scales new 52-week high

Wednesday November 21, 2012

Maruti Suzukis golden run on the bourses continued with the stock hitting a new 52-week high of Rs 1,509.10 on hopes that festive season bookings would push sales. At 12:27 p.m., the stock traded 0.45 per cent higher at Rs 1,501 on the National Sto...

Why Maruti Suzuki shares jumped 4 per cent

Wednesday November 21, 2012

Stocks of auto manufacturer Maruti Suzuki rallied over 4 per cent in trade today. The shares have jumped over 27 per cent in the past three months, outperforming both the BSE Sensex and auto indices, which rose nearly 3 and 9 per cent, respectively, ...

Maruti's Gurgaon union backs sacked workers of Manesar unit

Tuesday November 6, 2012

The worker's body of Maruti Suzuki India's Gurgaon plant has thrown its weight behind the sacked colleagues of the Manesar unit who are going on a two-day hunger strike from tomorrow to protest their reinstatement.

Maruti Suzuki hit by protest fears at Manesar plant

Tuesday November 6, 2012

Shares in Maruti Suzuki fell 1.6 per cent after a business newspaper reported that workers are planning a hunger strike and other peaceful protests to force the management to take back the 548 employees sacked after the deadly violence in July that h...

Maruti shares soar as brokerages turn bullish on earnings

Wednesday October 31, 2012

Maruti Suzuki was the top Nifty gainer in a flat market on Wednesday. India's biggest car manufacturer beat volume and margin estimates in the second quarter despite a deadly riot at its Manesar plant that led to a $250 million production loss.

Maruti Q2 net profit falls 5% on Manesar factory riot

Tuesday October 30, 2012

Maruti Suzuki, India's biggest carmaker, missed estimates with a 5 percent decline in net profit for the quarter to end-September, its fifth consecutive quarterly decline, after the deadly riot at its Manesar plant led to a $250 million production lo...

Maruti's Manesar plant to produce 2,000 cars per day by November end

Tuesday October 16, 2012

Maruti Suzuki India Ltd plans to produce 2,000 cars per day by end-November at its Manesar factory in the northern state of Haryana, which was hit by a riot earlier this year, up from 1,500 now, M. Singh, chief operating officer for production said o...

Maruti Manesar plant violence not instigated from outside: SIT

Monday October 15, 2012

The violence at Maruti Suzuki India's Manesar plant in July was not instigated from outside, but was due to internal issues between management and workers, according to the chargesheet filed by the Special Investigation Team (SIT) formed to probe the...

Manesar plant will resume full production by mid-Oct: Maruti

Thursday October 4, 2012

The company has been gradually ramping up production at the plant, which had been locked out for a month following the July 18 violence, in which one senior official was killed.

Maruti announces steepest hike in wages, says no drastic change in labour costs

Wednesday September 26, 2012

The country's largest car maker Maruti Suzuki India on Tuesday reached a wage settlement agreement with its workers at its Gurgaon plant, under which the employees will get an average salary hike of Rs 18,000 per month spread over three years.

Maruti Suzuki workers say no to forming grievance and welfare groups

Friday September 21, 2012

Sources said around 300 workers during the tea-break assembled and met the senior management and rejected the proposal of creating these two groups.

Manesar plant to soon make 850 vehicles a day: Suzuki

Reuters | Thursday September 6, 2012

Osamu Suzuki also said it could take more time until the company can resume production at the pre-riot level of about 1,700 vehicles a day.

Expect full worker strength at Manesar by September-end: Maruti

Press Trust of India | Wednesday September 5, 2012

Maruti Suzuki India (MSI) today said it expects to have full employee strength at its troubled Manesar plant by the end of September with the completion of fresh recruitments.