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Monday, March 8, 2010

Suzuki eyes on getting full control over Maruti

Suzuki Motor Corporation now owns 55% stake in Maruti Suzuki, which has triggered speculation about the Japanese firm�s intentions of taking full control on its Indian subsidiary. As per the Indian rules and regulations relating to stake acquisition, a foreign company is allowed to increase its stake unto 5% each year. As such if the foreign company achieves a stake of 55% and beyond then it can

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