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Maruti Suzuki to increase vehicle prices later this month

"Over the past year, the cost of Company's vehicles continues to be adversely impacted due to increase in various input costs. Therefore, it has become imperative for the Company to pass on some impact of the above additional costs to customers through a price hike," Maruti Suzuki said in a regulatory filing to the stock exchanges.

MOIL revises wage of its 6000 employees

As per the agreement with the workers, the company would give several benefits including a fitment benefit of 20% and another allowance at 20%, said a senior officer of the Steel Ministry here on Wednesday.