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Maruti Allotted Over 1.23 Cr Shares to its Parent SMC for Suzuki Motor Gujarat Buyout, Check Details

Curated By: Shahrukh ShahLast Updated: November 24, 2023, 14:00 ISTMaruti Suzuki. (Photo: Reuters)With the allotment, SMC's stake in Maruti Suzuki India (MSI) will increase to 58.19 percent from the earlier 56.48 percent.Maruti Suzuki India on Friday said its board has approved the allotment of over 1.23 crore shares to its parent Suzuki Motor Corporation (SMC) on a preferential basis for the acquisition of 100 percent stake in Suzuki Motor Gujarat. The company’s board has approved the allotment of 1,23,22,514 shares to

5G speed to reduce to half if less spectrum allotted in 6GHz band: COAI

Image Source : FILE 5G speed to reduce to half if less spectrum allotted in 6GHz band: COAI The Cellular Operators Association of India (COAI) said that India must allocate more spectrum in the mid-band like 6GHz for a seamless 5G mobile service in the country. If the mid-band does not adhere then the 5G download speed would reduce to 50 per cent, when fully deployed,…

Kia EV6 Bookings Open at Rs 3 Lakh, Only 100 Units Allotted to India

Kia India has announced that the bookings for the Kia EV6 have started in India. The EV6 can be booked with a booking amount of Rs 3 lakh and it will be available only in 15 dealerships, in 12 cities, across India. Additionally, the car can be booked online as well, through Kia’s official website. Kia says that the EV6 will launch in India in the first week of June 2022 and will be brought here as a Completely Built Unit (CBU). Kia EV6 Features – Multi-charging system that operates with both 400V and 800V chargers without…