NEW DELHI: The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it is developing a diesel engine for mid-size sedans, which is likely to be ready by the middle of 2011.

"Currently work is going on for developing a diesel engine for mid-sized sedans. Our engineers are developing..

NEW DELHI: Japan’s Honda is believed to be in talks to sell its 26% stake in Hero Honda Motors, the enormously successful, 26-year-old joint venture responsible for transforming the local motorcycle industry and spurring an entire generation of Indians to take to biking.

A person close to the dev..

MUMBAI: The increase in royalty fees by Maruti Suzuki to its Japanese parent Suzuki, which triggered a slew of rating downgrades by brokerages and a drop in its stock, has raised fears about other multinational manufacturers following suit. Brokerages, in recent reports, warn about the possibility o..

At 10:22 hours IST - the benchmark Sensex was trading above 18000 level, with more than 150 points gains, supported by 25 stocks out of 30. Financial, capital goods, auto, metal, FMCG, oil & gas exploration and telecom companies' shares were helping the markets.

Even Asian cues were quite suppor..

MUMBAI: Maruti Suzuki India (MSI)today plunged over 11 per cent in the early trade after it reported 20.25 per cent decline in net profit for the quarter ended June 30.

Shares of the country's largest car maker tanked 11.47 per cent to touch a one-month low of Rs 1,202.40 on Bombay Stock Exchang..