Maruti Suzuki India to hike car prices in July-Sept quater amid rise in input costs
New Delhi, Jun 21: The country's largest automobile maker Maruti Suzuki India (MSI) on Monday said it will hike prices of its cars in the second quarter of the current fiscal due to increase in the input costs.
"Over the past year, the cost of the company's vehicles continue to be adversely impacted due to increase in various input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price rise," Maruti Suzuki India said in a regulatory filing.
The company did not reveal the quantum of the proposed price hike.
The price rise has been planned in the second quarter (July-September period) of the current financial year and the increase shall vary for different models, the company added.
On April 16, Maruti Suzuki announced the weighted average price increase in ex-Showroom Prices (Delhi) across models of 1.6 per cent.
On January 18 this year, the automaker had announced price hike of select models by up to Rs 34,000 due to rise in input costs.
MSI sells a range of models from entry-level hatchback Alto to S-CROSS, priced between Rs 2.99 lakh and Rs 12.39 (ex-showroom prices Delhi) lakh, respectively.
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Nitish Kumar's son Nishant among 32 to take oath as Bihar ministers
Patna (PTI): In a major expansion of the Cabinet of Bihar's first BJP-led government, JD(U) supremo Nitish Kumar's son Nishant Kumar and 31 others took oath as ministers on Thursday in the presence of Prime Minister Narendra Modi and Union Home Minister Amit Shah.
Altogether 32 leaders, drawn from all constituents of the five-party NDA in the state, were administered the oath of office by Governor Lt Gen (Retd) Syed Ata Hasnain at a grand ceremony that was also attended by Defence Minister Rajnath Singh and Union Health Minister J P Nadda and BJP president Nitin Nabin.
Prominent inductees included Nishant Kumar, the son of JD(U) president Nitish Kumar, who stepped down as chief minister last month to enter the Rajya Sabha.
The BJP, which is the single largest party in the 243-member assembly with 89 MLAs, has 15 ministers, who took oath on Thursday.
Most of the inductees were those who were part of the Nitish Kumar cabinet formed in November last year after the NDA stormed back to power in the assembly polls.
The JD(U) is represented by a total of 15 ministers, 13 of whom took the oath at the Gandhi Maidan on Thursday. Vijay Kumar Chaudhary and Bijendra Prasad Yadav had taken oath in April along with Samrat Choudhary and were designated as deputy chief ministers.
Sanjay Kumar Singh and Sanjay Kumar Paswan, both from the Lok Janshakti Party (Ram Vilas) headed by Union minister Chirag Paswan, are back as ministers, and so are Santosh Kumar Suman and Deepak Prakash, sons of Union minister Jitan Ram Manjhi of the Hindustani Awam Morcha and Upendra Kushwaha of the Rashtriya Lok Morcha, respectively.
