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Maruti Suzuki

Magneto tenants set to trade by mid December

Key tenants of Magneto Mall, Raipur, which is under construction, are set to start trading by 12th December 2009. The 10.35 lakh square feet property is being constructed by Avinash Developers Pvt. Ltd. (ADPL), a part of the Raipur-based...

Carnation Auto to sell used cars

Maruti Suzuki’s former managing director and chief executive officer (CEO) Jagdish Khattar on Wednesday said that Carnation Auto, his recently launched multi-brand auto solutions venture, is looking to sell second-hand cars in the outlet apart from accessories, services and...

Sensex inches above 9500

The market today opened on a positive note with most of the heavyweights in the green. The 30-share index, BSE Sensex opened with a gain of 133points, 9599. Nifty started the day at 2935, up 42 points.On Thursday, Sensex...

Market opens red after flat Monday

The market today opened weak. Sensex started the day at 9091, down 238 points from Monday’s close. Nifty too dipped 75 points from its previous close to open at 2772.On Monday, Asian markets ended firm. European markets too rallied...

Sensex slips below 9,000

The market today has opened red. With Sensex slipping below 9,000 level, it started the day at 8973.21, down 397 points, and Nifty is trading at 2,721, down 114 points from Wednesday’s close.Wednesday turned out to be a good...

MobileStore promotes Diwali sales

The present recession has definitely not stopped retailers from giving away gifts and organising contests to pull in more customers. As part of Diwali promotions, MobileStore has designed a promotion wherein they are extending assured gifts worth Rs 10,000...

Reliance Retail, Citibank to form 50:50 JV

After having forayed into a JV with Maruti Suzuki for car finance, earlier this year, Citibank is learnt to form an all new 50:50 JV with Mukesh Ambani-led Reliance Retail.According to sources, the JV will aim to distribute Citibank`s...

India’s first multi brand auto sales & service venture

Former MD of Maruti Suzuki, Jagdish Khattar announced his next venture —Carnation Auto. With a vision of developing India's largest independent multi-brand automobile sales and service network, he also announced the company's first round of funding of over Rs...

Mahindra setting up multi-brand service outlets

Auto major Mahindra & Mahindra Ltd has planned to invest Rs 250 crore in three to five years to set up a chain of multi-brand service outlets under the brand name Mahindra First Choice Services.Speaking to media, Rajeev Dubey,...

Stock market plunge not likely to drag retail

The crash in the stock market plunging the Sensex to 17,307.90 from a high of 19051.86, would not impact on the retail sector since most of the investment has been by foreign institutional investors (FIIs) and heavyweights like Reliance,...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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